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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Lakshmi Finance & Industrial Corporation Ltd

About the Company - Lakshmi Finance & Industrial Corporation Ltd

Lakshmi Finance & Industrial Corporation Ltd. is a Public Limited Listed company incorporated on 20/11/1923 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L65920TG1923PLC000044 and registration number is 000044. Currently Company is involved in the business activities of Financial service activities, except insurance and pension funding. Company’s Total Operating Revenue is Rs. 7.51 Cr. and Equity Capital is Rs. 3.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & Investments1st Floor, Suryodaya, 1-10-60/3, Begumpet, Hyderabad Telangana 500016lakshmi_lfic@yahoo.com
http://www.lakshmifinance.org.in
Management
NamePosition Held
Mr. K Harishchandra PrasadManaging Director
Mr. R Surender ReddyDirector
Mr. Kapil BhatiaDirector
Mr. Keshav BhupalDirector
Mr. K Kapil PrasadDirector
Mrs. Madhurika Nalluri VenkatDirector

Basic Stock Data of Lakshmi Finance & Industrial Corporation Ltd

Last Updated: July 24, 2024, 11:02 pm

Market Cap 61.6 Cr.
Current Price 205
High / Low249/120
Stock P/E5.94
Book Value 188
Dividend Yield0.97 %
ROCE24.8 %
ROE20.1 %
Face Value 10.0
PEG Ratio0.05

Data Source: screener.in

Competitors of Lakshmi Finance & Industrial Corporation Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Enbee Trade & Finance Ltd 16.8 Cr. 11.730.2/9.9010.8 21.20.00 %7.94 %7.61 % 10.0
Elixir Capital Ltd 66.4 Cr. 114139/40.14.34 83.41.09 %36.8 %37.2 % 10.0
Elcid Investments Ltd 0.07 Cr. 3.533.53/3.370.00 5,84,329708 %2.02 %1.54 % 10.0
Ekam Leasing And Finance Co Ltd 5.46 Cr. 9.1010.0/4.098.66 14.80.00 %10.5 %7.34 % 5.00
Easy Fincorp Ltd 23.0 Cr. 939939/814 5920.00 %0.37 %1.23 % 10.0
Industry Average15,353.49 Cr668.7483.485,578.255.60%16.35%26.95%7.51

Lakshmi Finance & Industrial Corporation Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales5.352.164.104.150.52-1.140.513.771.581.344.083.185.11
Expenses0.370.270.380.380.390.384.280.420.391.910.370.420.43
Operating Profit4.981.893.723.770.13-1.52-3.773.351.19-0.573.712.764.68
OPM %93.08%87.50%90.73%90.84%25.00%-739.22%88.86%75.32%-42.54%90.93%86.79%91.59%
Other Income0.100.110.110.110.110.01-0.000.14-0.000.01-0.000.02-0.00
Interest-0.00-0.000.010.010.010.010.010.010.010.01-0.00-0.00-0.00
Depreciation0.030.030.040.040.040.040.040.040.040.040.030.040.05
Profit before tax5.051.973.783.830.19-1.56-3.823.441.14-0.613.682.744.63
Tax %0.99%116.24%21.96%18.80%-57.89%57.05%28.01%23.55%14.91%44.26%27.72%24.09%19.87%
Net Profit5.00-0.322.963.120.30-0.67-2.742.640.98-0.342.662.093.72
EPS in Rs16.67-1.079.8710.401.00-2.23-9.138.803.27-1.138.876.9712.40

Last Updated: July 12, 2024, 12:15 am

Lakshmi Finance & Industrial Corporation Ltd Quarterly Chart

Lakshmi Finance & Industrial Corporation Ltd Profit & Loss

Last Updated: July 10, 2024, 4:23 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1.563.944.526.524.554.496.632.952.7515.037.963.5913.71
Expenses1.583.683.371.101.101.241.863.3412.361.371.533.253.13
Operating Profit-0.020.261.155.423.453.254.77-0.39-9.6113.666.430.3410.58
OPM %-1.28%6.60%25.44%83.13%75.82%72.38%71.95%-13.22%-349.45%90.88%80.78%9.47%77.17%
Other Income0.220.290.280.360.380.000.020.550.560.470.010.010.03
Interest0.000.000.000.040.000.000.000.030.020.010.040.030.01
Depreciation0.090.090.080.070.070.060.050.140.130.130.150.140.16
Profit before tax0.110.461.355.673.763.194.74-0.01-9.2013.996.250.1810.44
Tax %-9.09%0.00%0.00%11.82%3.46%1.25%2.53%6,400.00%28.48%34.60%8.80%-205.56%
Net Profit0.110.461.355.003.633.154.620.62-6.599.155.710.558.13
EPS in Rs0.371.534.5016.6712.1010.5015.402.07-21.9730.5019.031.8327.11
Dividend Payout %409.09%78.26%40.00%18.00%28.93%33.33%25.97%0.00%-9.10%9.84%15.76%109.09%

Lakshmi Finance & Industrial Corporation Ltd Profit & Loss Yearly Chart

Lakshmi Finance & Industrial Corporation Ltd Growth

Compounded Sales Growth
10 Years:13%
5 Years:38%
3 Years:0%
TTM:314%
Compounded Profit Growth
10 Years:23%
5 Years:76%
3 Years:4%
TTM:1787%
Stock Price CAGR
10 Years:%
5 Years:28%
3 Years:36%
1 Year:65%
Return on Equity
10 Years:9%
5 Years:9%
3 Years:12%
Last Year:20%

Last Updated: July 25, 2024, 5:35 am

Lakshmi Finance & Industrial Corporation Ltd Balance Sheet

Last Updated: July 10, 2024, 4:23 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital3.003.003.003.003.003.003.003.003.003.003.003.003.00
Reserves25.5825.6226.3430.2332.5935.7439.0938.3230.7239.2344.0543.6847.83
Borrowings0.000.000.000.000.000.000.000.000.000.000.000.000.00
Other Liabilities1.371.321.512.542.201.041.421.801.972.402.722.313.35
Total Liabilities29.9529.9430.8535.7737.7939.7843.5143.1235.6944.6349.7748.9954.18
Fixed Assets0.190.220.170.090.130.710.670.820.690.570.810.670.77
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments27.9726.4725.6030.2432.2535.8933.4034.1126.1238.0139.9845.7649.14
Other Assets1.793.255.085.445.413.189.448.198.886.058.982.564.27
Total Assets29.9529.9430.8535.7737.7939.7843.5143.1235.6944.6349.7748.9954.18

Lakshmi Finance & Industrial Corporation Ltd Reserves and Borrowings Chart

Lakshmi Finance & Industrial Corporation Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -2-0-1-3-1-421-3-01-3
Cash from Investing Activity 3323090-036-48
Cash from Financing Activity -0-0-1-1-1-1-1-1-1-1-1-1
Net Cash Flow130-1-241-0-15-44

Lakshmi Finance & Industrial Corporation Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days0.000.000.000.0077.8143.08152.500.000.000.000.000.00
Inventory Days151.240.00
Days Payable6.05
Cash Conversion Cycle0.00145.190.000.0077.8143.08152.500.000.000.000.000.00
Working Capital Days-238.65-14.82-85.60-122.04-64.181.63133.23-165.80-177.85-14.57-94.46-217.58
ROCE %0.66%1.54%4.66%18.25%10.90%8.58%11.73%0.05%-24.47%36.87%14.09%0.45%

Lakshmi Finance & Industrial Corporation Ltd Financial Efficiency Indicators Chart

Lakshmi Finance & Industrial Corporation Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters47.00%47.00%47.00%47.00%47.00%47.00%47.00%47.00%47.00%47.00%47.00%47.00%
DIIs0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%
Public52.96%52.96%52.96%52.97%52.97%52.97%52.96%52.97%52.97%52.97%52.97%52.97%
No. of Shareholders3,0113,1994,6004,3554,2514,5394,4964,4484,4284,8285,3595,111

Lakshmi Finance & Industrial Corporation Ltd Shareholding Pattern Chart

No. of Lakshmi Finance & Industrial Corporation Ltd Shareholders

This stock is not held by any mutual fund

Lakshmi Finance & Industrial Corporation Ltd ROCE Trend

Lakshmi Finance & Industrial Corporation Ltd EPS Trend

Lakshmi Finance & Industrial Corporation Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)34.591.8419.0230.51-21.95
Diluted EPS (Rs.)34.591.8419.0230.51-21.95
Cash EPS (Rs.)35.152.3119.5230.94-21.51
Book Value[Excl.RevalReserv]/Share (Rs.)188.38155.60156.83140.78112.39
Book Value[Incl.RevalReserv]/Share (Rs.)188.38155.60156.83140.78112.39
Dividend / Share (Rs.)0.002.003.003.002.00
Revenue From Operations / Share (Rs.)49.5211.9625.0450.099.12
PBDIT / Share (Rs.)43.311.1521.4647.12-30.17
PBIT / Share (Rs.)42.760.6720.9746.69-30.61
PBT / Share (Rs.)42.720.5920.8546.65-30.69
Net Profit / Share (Rs.)34.591.8419.0230.51-21.95
PBDIT Margin (%)87.479.6385.7294.06-330.79
PBIT Margin (%)86.345.6683.7593.21-335.61
PBT Margin (%)86.264.9483.2893.12-336.48
Net Profit Margin (%)69.8515.3475.9860.91-240.71
Return on Networth / Equity (%)18.361.1712.1221.67-19.53
Return on Capital Employeed (%)21.780.4212.9432.03-26.52
Return On Assets (%)17.371.1211.4620.50-18.45
Asset Turnover Ratio (%)0.270.070.150.370.06
Current Ratio (X)70.8648.7641.5546.9529.04
Quick Ratio (X)70.8648.7641.5546.9529.04
Dividend Payout Ratio (NP) (%)0.00163.4815.776.55-11.38
Dividend Payout Ratio (CP) (%)0.00129.8815.376.46-11.62
Earning Retention Ratio (%)0.00-63.4884.2393.45111.38
Cash Earning Retention Ratio (%)0.00-29.8884.6393.54111.62
Interest Coverage Ratio (X)1101.2113.34179.011070.59-382.97
Interest Coverage Ratio (Post Tax) (X)880.4422.25159.66694.30-277.68
Enterprise Value (Cr.)44.6833.2420.6320.537.25
EV / Net Operating Revenue (X)3.019.262.751.372.65
EV / EBITDA (X)3.4496.173.201.45-0.80
MarketCap / Net Operating Revenue (X)3.449.833.911.684.38
Retention Ratios (%)0.00-63.4884.2293.44111.38
Price / BV (X)0.900.750.620.590.35
Price / Net Operating Revenue (X)3.449.833.911.684.38
EarningsYield0.200.010.190.36-0.54

Lakshmi Finance & Industrial Corporation Ltd Profitability Ratios (%)

Lakshmi Finance & Industrial Corporation Ltd Liquidity Ratios

Lakshmi Finance & Industrial Corporation Ltd Liquidity Ratios (%)

Lakshmi Finance & Industrial Corporation Ltd Interest Coverage Ratios (%)

Lakshmi Finance & Industrial Corporation Ltd Valuation Ratios

Fair Value

Fair Value: 226.64

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 10.56% compared to the current price 205

Intrinsic Value: 495.75

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 141.83% compared to the current price 205

Last 5 Year EPS CAGR: 118.74%

*Investments are subject to market risks

Strength and Weakness of Lakshmi Finance & Industrial Corporation Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -88.39, which is a positive sign.
  2. The company has higher reserves (36.67 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (6.02 cr) and profit (3.15 cr) over the years.
  1. The stock has a low average ROCE of 6.94%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 34.88, which may not be favorable.

FAQ

What is the latest fair value of Lakshmi Finance & Industrial Corporation Ltd?

The latest fair value of Lakshmi Finance & Industrial Corporation Ltd is ₹226.64.

What is the Market Cap of Lakshmi Finance & Industrial Corporation Ltd?

The Market Cap of Lakshmi Finance & Industrial Corporation Ltd is 61.6 Cr..

What is the current Stock Price of Lakshmi Finance & Industrial Corporation Ltd as on 25 July 2024?

The current stock price of Lakshmi Finance & Industrial Corporation Ltd as on 25 July 2024 is 205.

What is the High / Low of Lakshmi Finance & Industrial Corporation Ltd stocks in FY 2024?

In FY 2024, the High / Low of Lakshmi Finance & Industrial Corporation Ltd stocks is 249/120.

What is the Stock P/E of Lakshmi Finance & Industrial Corporation Ltd?

The Stock P/E of Lakshmi Finance & Industrial Corporation Ltd is 5.94.

What is the Book Value of Lakshmi Finance & Industrial Corporation Ltd?

The Book Value of Lakshmi Finance & Industrial Corporation Ltd is 188.

What is the Dividend Yield of Lakshmi Finance & Industrial Corporation Ltd?

The Dividend Yield of Lakshmi Finance & Industrial Corporation Ltd is 0.97 %.

What is the ROCE of Lakshmi Finance & Industrial Corporation Ltd?

The ROCE of Lakshmi Finance & Industrial Corporation Ltd is 24.8 %.

What is the ROE of Lakshmi Finance & Industrial Corporation Ltd?

The ROE of Lakshmi Finance & Industrial Corporation Ltd is 20.1 %.

What is the Face Value of Lakshmi Finance & Industrial Corporation Ltd?

The Face Value of Lakshmi Finance & Industrial Corporation Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Lakshmi Finance & Industrial Corporation Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE