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.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	1st Floor, Suryodaya, 1-10-60/3, Begumpet, Hyderabad Telangana 500016	lakshmi_lfic@yahoo.com http://www.lakshmifinance.org.in

Management
Name	Position Held
Mr. K Harishchandra Prasad	Managing Director
Mr. R Surender Reddy	Director
Mr. Kapil Bhatia	Director
Mr. Keshav Bhupal	Director
Mr. K Kapil Prasad	Director
Mrs. Madhurika Nalluri Venkat	Director

Basic Stock Data of Lakshmi Finance & Industrial Corporation Ltd

Last Updated: July 26, 2024, 10:25 pm

Market Cap	62.7 Cr.
Current Price	209
High / Low	249/120
Stock P/E	6.04
Book Value	188
Dividend Yield	0.96 %
ROCE	24.8 %
ROE	20.1 %
Face Value	10.0
PEG Ratio	0.05

Data Source: screener.in

Competitors of Lakshmi Finance & Industrial Corporation Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Enbee Trade & Finance Ltd	16.8 Cr.	11.7	30.2/9.90	10.8	21.2	0.00 %	7.94 %	7.61 %	10.0
Elixir Capital Ltd	69.7 Cr.	120	139/40.1	4.56	83.4	1.04 %	36.8 %	37.2 %	10.0
Elcid Investments Ltd	0.07 Cr.	3.53	3.53/3.37	0.00	5,84,329	708 %	2.02 %	1.54 %	10.0
Ekam Leasing And Finance Co Ltd	5.46 Cr.	9.10	10.0/4.09	8.66	14.8	0.00 %	10.5 %	7.34 %	5.00
Easy Fincorp Ltd	23.0 Cr.	939	939/814		592	0.00 %	0.37 %	1.23 %	10.0
Industry Average	15,540.56 Cr	672.40		83.29	5,578.25	5.60%	16.35%	26.95%	7.51

Lakshmi Finance & Industrial Corporation Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	5.35	2.16	4.10	4.15	0.52	-1.14	0.51	3.77	1.58	1.34	4.08	3.18	5.11
Expenses	0.37	0.27	0.38	0.38	0.39	0.38	4.28	0.42	0.39	1.91	0.37	0.42	0.43
Operating Profit	4.98	1.89	3.72	3.77	0.13	-1.52	-3.77	3.35	1.19	-0.57	3.71	2.76	4.68
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 Income	0.10	0.11	0.11	0.11	0.11	0.01	-0.00	0.14	-0.00	0.01	-0.00	0.02	-0.00
Interest	-0.00	-0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	-0.00	-0.00	-0.00
Depreciation	0.03	0.03	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.04	0.05
Profit before tax	5.05	1.97	3.78	3.83	0.19	-1.56	-3.82	3.44	1.14	-0.61	3.68	2.74	4.63
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 Profit	5.00	-0.32	2.96	3.12	0.30	-0.67	-2.74	2.64	0.98	-0.34	2.66	2.09	3.72
EPS in Rs	16.67	-1.07	9.87	10.40	1.00	-2.23	-9.13	8.80	3.27	-1.13	8.87	6.97	12.40

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

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	1.56	3.94	4.52	6.52	4.55	4.49	6.63	2.95	2.75	15.03	7.96	3.59	13.71
Expenses	1.58	3.68	3.37	1.10	1.10	1.24	1.86	3.34	12.36	1.37	1.53	3.25	3.13
Operating Profit	-0.02	0.26	1.15	5.42	3.45	3.25	4.77	-0.39	-9.61	13.66	6.43	0.34	10.58
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 Income	0.22	0.29	0.28	0.36	0.38	0.00	0.02	0.55	0.56	0.47	0.01	0.01	0.03
Interest	0.00	0.00	0.00	0.04	0.00	0.00	0.00	0.03	0.02	0.01	0.04	0.03	0.01
Depreciation	0.09	0.09	0.08	0.07	0.07	0.06	0.05	0.14	0.13	0.13	0.15	0.14	0.16
Profit before tax	0.11	0.46	1.35	5.67	3.76	3.19	4.74	-0.01	-9.20	13.99	6.25	0.18	10.44
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 Profit	0.11	0.46	1.35	5.00	3.63	3.15	4.62	0.62	-6.59	9.15	5.71	0.55	8.13
EPS in Rs	0.37	1.53	4.50	16.67	12.10	10.50	15.40	2.07	-21.97	30.50	19.03	1.83	27.11
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

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Reserves	25.58	25.62	26.34	30.23	32.59	35.74	39.09	38.32	30.72	39.23	44.05	43.68	47.83
Borrowings	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
Other Liabilities	1.37	1.32	1.51	2.54	2.20	1.04	1.42	1.80	1.97	2.40	2.72	2.31	3.35
Total Liabilities	29.95	29.94	30.85	35.77	37.79	39.78	43.51	43.12	35.69	44.63	49.77	48.99	54.18
Fixed Assets	0.19	0.22	0.17	0.09	0.13	0.71	0.67	0.82	0.69	0.57	0.81	0.67	0.77
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	27.97	26.47	25.60	30.24	32.25	35.89	33.40	34.11	26.12	38.01	39.98	45.76	49.14
Other Assets	1.79	3.25	5.08	5.44	5.41	3.18	9.44	8.19	8.88	6.05	8.98	2.56	4.27
Total Assets	29.95	29.94	30.85	35.77	37.79	39.78	43.51	43.12	35.69	44.63	49.77	48.99	54.18

Lakshmi Finance & Industrial Corporation Ltd Reserves and Borrowings Chart

Lakshmi Finance & Industrial Corporation Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	-2	-0	-1	-3	-1	-4	2	1	-3	-0	1	-3
Cash from Investing Activity	3	3	2	3	0	9	0	-0	3	6	-4	8
Cash from Financing Activity	-0	-0	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1
Net Cash Flow	1	3	0	-1	-2	4	1	-0	-1	5	-4	4

Lakshmi Finance & Industrial Corporation Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	0.00	0.00	0.00	0.00	77.81	43.08	152.50	0.00	0.00	0.00	0.00	0.00
Inventory Days		151.24	0.00
Days Payable		6.05
Cash Conversion Cycle	0.00	145.19	0.00	0.00	77.81	43.08	152.50	0.00	0.00	0.00	0.00	0.00
Working Capital Days	-238.65	-14.82	-85.60	-122.04	-64.18	1.63	133.23	-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

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	47.00%	47.00%	47.00%	47.00%	47.00%	47.00%	47.00%	47.00%	47.00%	47.00%	47.00%	47.00%
DIIs	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Public	52.96%	52.96%	52.96%	52.97%	52.97%	52.97%	52.96%	52.97%	52.97%	52.97%	52.97%	52.97%
No. of Shareholders	3,011	3,199	4,600	4,355	4,251	4,539	4,496	4,448	4,428	4,828	5,359	5,111

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

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	34.59	1.84	19.02	30.51	-21.95
Diluted EPS (Rs.)	34.59	1.84	19.02	30.51	-21.95
Cash EPS (Rs.)	35.15	2.31	19.52	30.94	-21.51
Book Value[Excl.RevalReserv]/Share (Rs.)	188.38	155.60	156.83	140.78	112.39
Book Value[Incl.RevalReserv]/Share (Rs.)	188.38	155.60	156.83	140.78	112.39
Dividend / Share (Rs.)	0.00	2.00	3.00	3.00	2.00
Revenue From Operations / Share (Rs.)	49.52	11.96	25.04	50.09	9.12
PBDIT / Share (Rs.)	43.31	1.15	21.46	47.12	-30.17
PBIT / Share (Rs.)	42.76	0.67	20.97	46.69	-30.61
PBT / Share (Rs.)	42.72	0.59	20.85	46.65	-30.69
Net Profit / Share (Rs.)	34.59	1.84	19.02	30.51	-21.95
PBDIT Margin (%)	87.47	9.63	85.72	94.06	-330.79
PBIT Margin (%)	86.34	5.66	83.75	93.21	-335.61
PBT Margin (%)	86.26	4.94	83.28	93.12	-336.48
Net Profit Margin (%)	69.85	15.34	75.98	60.91	-240.71
Return on Networth / Equity (%)	18.36	1.17	12.12	21.67	-19.53
Return on Capital Employeed (%)	21.78	0.42	12.94	32.03	-26.52
Return On Assets (%)	17.37	1.12	11.46	20.50	-18.45
Asset Turnover Ratio (%)	0.27	0.07	0.15	0.37	0.06
Current Ratio (X)	70.86	48.76	41.55	46.95	29.04
Quick Ratio (X)	70.86	48.76	41.55	46.95	29.04
Dividend Payout Ratio (NP) (%)	0.00	163.48	15.77	6.55	-11.38
Dividend Payout Ratio (CP) (%)	0.00	129.88	15.37	6.46	-11.62
Earning Retention Ratio (%)	0.00	-63.48	84.23	93.45	111.38
Cash Earning Retention Ratio (%)	0.00	-29.88	84.63	93.54	111.62
Interest Coverage Ratio (X)	1101.21	13.34	179.01	1070.59	-382.97
Interest Coverage Ratio (Post Tax) (X)	880.44	22.25	159.66	694.30	-277.68
Enterprise Value (Cr.)	44.68	33.24	20.63	20.53	7.25
EV / Net Operating Revenue (X)	3.01	9.26	2.75	1.37	2.65
EV / EBITDA (X)	3.44	96.17	3.20	1.45	-0.80
MarketCap / Net Operating Revenue (X)	3.44	9.83	3.91	1.68	4.38
Retention Ratios (%)	0.00	-63.48	84.22	93.44	111.38
Price / BV (X)	0.90	0.75	0.62	0.59	0.35
Price / Net Operating Revenue (X)	3.44	9.83	3.91	1.68	4.38
EarningsYield	0.20	0.01	0.19	0.36	-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: 230.43

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: 10.25% compared to the current price 209

Intrinsic Value: 504.05

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: 141.17% compared to the current price 209

Last 5 Year EPS CAGR: 118.74%

*Investments are subject to market risks

Strength and Weakness of Lakshmi Finance & Industrial Corporation Ltd Stock

Strength	Weakness
The stock has a low average Working Capital Days of -88.39, which is a positive sign. The company has higher reserves (36.67 cr) compared to borrowings (0.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (6.02 cr) and profit (3.15 cr) over the years.	The stock has a low average ROCE of 6.94%, which may not be favorable. 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 ₹230.43.

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

The Market Cap of Lakshmi Finance & Industrial Corporation Ltd is 62.7 Cr..

What is the current Stock Price of Lakshmi Finance & Industrial Corporation Ltd as on 27 July 2024?

The current stock price of Lakshmi Finance & Industrial Corporation Ltd as on 27 July 2024 is 209.

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 6.04.

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 0.96 %.

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.