Lippi Systems Ltd
Incorporated in 1995, Lippi Systems Ltd manufactures Roto Gravure Printing Cylinder and generates power from wind turbine generator[1]
- Market Cap ₹ 31.0 Cr.
- Current Price ₹ 44.2
- High / Low ₹ 57.1 / 18.6
- Stock P/E 7.50
- Book Value ₹ 29.2
- Dividend Yield 0.00 %
- ROCE -4.88 %
- ROE -3.35 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of -4.77% over last 3 years.
- Earnings include an other income of Rs.7.85 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28.16 | 22.57 | 14.46 | 15.56 | 16.02 | 15.95 | 13.83 | 13.09 | 10.57 | -0.02 | -0.02 | -0.02 | 0.00 | |
| 25.49 | 20.10 | 11.68 | 11.49 | 13.06 | 13.59 | 12.52 | 12.29 | 11.59 | 1.93 | 1.06 | 0.76 | 1.54 | |
| Operating Profit | 2.67 | 2.47 | 2.78 | 4.07 | 2.96 | 2.36 | 1.31 | 0.80 | -1.02 | -1.95 | -1.08 | -0.78 | -1.54 |
| OPM % | 9.48% | 10.94% | 19.23% | 26.16% | 18.48% | 14.80% | 9.47% | 6.11% | -9.65% | ||||
| 0.21 | 0.96 | 0.69 | 1.26 | 1.13 | 1.06 | 1.30 | 0.82 | 3.97 | 0.64 | 0.79 | 0.52 | 7.85 | |
| Interest | 1.08 | 1.47 | 1.53 | 1.35 | 0.96 | 1.06 | 0.99 | 0.68 | 0.45 | 0.00 | 0.01 | 0.00 | 0.00 |
| Depreciation | 1.44 | 1.32 | 1.14 | 1.46 | 1.49 | 1.49 | 1.40 | 1.45 | 1.30 | 0.87 | 0.86 | 0.83 | 0.77 |
| Profit before tax | 0.36 | 0.64 | 0.80 | 2.52 | 1.64 | 0.87 | 0.22 | -0.51 | 1.20 | -2.18 | -1.16 | -1.09 | 5.54 |
| Tax % | 33.33% | 17.19% | 33.75% | 34.13% | 40.85% | 5.75% | 18.18% | -17.65% | 29.17% | -25.69% | -25.86% | -32.11% | |
| 0.23 | 0.54 | 0.53 | 1.66 | 0.96 | 0.83 | 0.18 | -0.42 | 0.84 | -1.62 | -0.86 | -0.74 | 4.13 | |
| EPS in Rs | 0.33 | 0.77 | 0.76 | 2.37 | 1.37 | 1.19 | 0.26 | -0.60 | 1.20 | -2.31 | -1.23 | -1.06 | 5.90 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 604% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 46% |
| 3 Years: | 51% |
| 1 Year: | 122% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -5% |
| 3 Years: | -5% |
| Last Year: | -3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Reserves | 12.51 | 12.70 | 13.23 | 15.13 | 16.09 | 16.89 | 17.05 | 16.66 | 17.34 | 15.73 | 14.87 | 14.13 | 13.45 |
| 9.84 | 12.06 | 13.61 | 15.61 | 9.12 | 6.90 | 6.34 | 6.53 | 0.45 | 0.17 | 0.81 | 0.03 | 2.14 | |
| 7.47 | 1.82 | 2.85 | 4.28 | 6.59 | 4.40 | 3.58 | 3.47 | 2.58 | 1.69 | 1.27 | 0.84 | 0.64 | |
| Total Liabilities | 36.82 | 33.58 | 36.69 | 42.02 | 38.80 | 35.19 | 33.97 | 33.66 | 27.37 | 24.59 | 23.95 | 22.00 | 23.23 |
| 12.95 | 12.20 | 17.14 | 17.32 | 16.83 | 15.34 | 14.94 | 13.73 | 8.20 | 7.43 | 6.57 | 5.66 | 5.25 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 23.62 | 21.13 | 19.30 | 24.45 | 21.72 | 19.60 | 18.76 | 19.93 | 19.17 | 17.16 | 17.38 | 16.34 | 17.98 | |
| Total Assets | 36.82 | 33.58 | 36.69 | 42.02 | 38.80 | 35.19 | 33.97 | 33.66 | 27.37 | 24.59 | 23.95 | 22.00 | 23.23 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.63 | -0.38 | 5.14 | 4.66 | 4.45 | 1.22 | 1.43 | 2.52 | -1.05 | -0.32 | -1.40 | 2.09 | |
| -7.60 | -0.78 | -5.97 | -5.26 | 1.83 | 1.53 | -0.10 | -1.81 | 6.98 | 0.43 | 0.72 | 0.55 | |
| 6.03 | 1.07 | 0.87 | 0.64 | -6.33 | -2.76 | -1.34 | -0.71 | -5.73 | -0.28 | 0.64 | -0.78 | |
| Net Cash Flow | 0.06 | -0.09 | 0.04 | 0.05 | -0.05 | -0.01 | -0.02 | -0.01 | 0.19 | -0.17 | -0.04 | 1.86 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121.58 | 116.92 | 146.15 | 139.34 | 136.25 | 131.58 | 152.81 | 126.87 | 48.34 | -8,577.50 | -10,220.00 | -10,767.50 |
| Inventory Days | 38.47 | 53.61 | 125.92 | 208.17 | 173.07 | 134.56 | 176.77 | 140.51 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days Payable | 120.61 | 13.06 | 39.99 | 60.68 | 178.81 | 83.52 | 59.24 | 58.14 | ||||
| Cash Conversion Cycle | 39.44 | 157.48 | 232.08 | 286.83 | 130.51 | 182.62 | 270.34 | 209.24 | 48.34 | -8,577.50 | -10,220.00 | -10,767.50 |
| Working Capital Days | -0.91 | -10.67 | -8.08 | 12.43 | 0.23 | 23.11 | 42.49 | 23.42 | 128.11 | 47,997.50 | 43,252.50 | 61,867.50 |
| ROCE % | 5.94% | 6.94% | 7.13% | 10.81% | 7.46% | 6.13% | 3.96% | 0.56% | -6.11% | -9.14% | -5.09% | -4.88% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Electricity Consumption per Unit of Production Units per Sq. Meter |
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| Production Volume of Engraved Cylinders Square Meters |
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| Total Number of Permanent Employees Numbers |
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| Manufacturing Capacity Utilization Percentage |
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| Number of Wind Turbine Machines Numbers |
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Documents
Announcements
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Clarification From Company
25 Feb - 25 Feb 2026: Lippi Systems tells BSE no undisclosed material information; price movement market-driven.
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Clarification sought from Lippi Systems Ltd
24 Feb - Exchange has sought clarification from Lippi Systems Ltd on February 24, 2026 with reference to significant movement in price, in order to ensure that investors …
- DISCLOSURE UNDER REGULATION 30 AND SUBMISSION OF UN-AUDITED STANDALONE FINANCIAL RESULTS OF THE COMPANY FOR THE QUARTER ENDED 31ST DECEMBER 2025. 14 Feb
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Board Meeting Outcome for OUTCOME OF BOARD MEETING, DISCLOSURE UNDER REGULATION 30 AND SUBMISSION OF UN-AUDITED STANDALONE FINANCIAL RESULTS OF THE COMPANY FOR THE QUARTER ENDED 31ST DECEMBER 2025
14 Feb - Board approved Q3 Dec 31, 2025 unaudited results; sold entire factory land and assets on 31 Dec 2025.
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Board Meeting Intimation for Quarterly Financial Result
7 Feb - Board meeting 14 Feb 2026 to approve standalone unaudited results for quarter ended 31 Dec 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2009
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Financial Year 2008
from bse
Business Overview:[1][2][3]
Company manufactures electronically engraved gravure cylinders for Roto Gravure printing of flexible packaging and decorative laminates.
Its infrastructure comprises of copper plating plant, polishing machines, digital engraving machines, chrome plating machines and proofing presses for digital engravings. Company has marketing offices with pre-press setups in all metros of India. It is also engaged in trading of goods