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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

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

Lakshmi Finance & Industrial Corporation Ltd. Share Price Update

Share PriceValue
Today₹194.25
Previous Day₹205.65

Basic Stock Data of Lakshmi Finance & Industrial Corporation Ltd

Market Cap 65.1 Cr.
Current Price 217
High / Low249/94.0
Stock P/E8.01
Book Value 169
Dividend Yield0.92 %
ROCE0.45 %
ROE1.17 %
Face Value 10.0

Data Source: screener.in

Competitors of Lakshmi Finance & Industrial Corporation Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Abhinav Capital Services Ltd 140 Cr. 202239/68.313.9 1130.00 %23.2 %18.1 % 10.0
Pilani Investment & Industries Corporation Ltd 3,466 Cr. 3,1303,397/1,60216.5 11,4110.49 %2.26 %2.21 % 10.0
PTC India Financial Services Ltd 2,958 Cr. 46.068.0/12.216.1 38.52.17 %7.84 %7.47 % 10.0
Satin Creditcare Network Ltd 2,789 Cr. 252284/1146.82 1720.00 %8.41 %0.30 % 10.0
Cholamandalam Investment & Finance Company Ltd 92,564 Cr. 1,1021,310/71028.9 1880.18 %9.72 %20.4 % 2.00
Industry Average47.8 Cr100.816.44104.50.57%10.29%9.7%8.4

Lakshmi Finance & Industrial Corporation Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales2.785.352.164.104.150.52-1.140.513.771.581.344.083.18
Expenses0.400.370.270.380.380.390.384.280.420.391.910.370.42
Operating Profit2.384.981.893.723.770.13-1.52-3.773.351.19-0.573.712.76
OPM %85.61%93.08%87.50%90.73%90.84%25.00%-739.22%88.86%75.32%-42.54%90.93%86.79%
Other Income0.110.100.110.110.110.110.010.000.140.000.010.000.02
Interest0.000.000.000.010.010.010.010.010.010.010.010.000.00
Depreciation0.030.030.030.040.040.040.040.040.040.040.040.030.04
Profit before tax2.465.051.973.783.830.19-1.56-3.823.441.14-0.613.682.74
Tax %46.34%0.99%116.24%21.96%18.80%-57.89%57.05%28.01%23.55%14.91%44.26%27.72%24.09%
Net Profit1.325.00-0.322.963.120.30-0.67-2.742.640.98-0.342.662.09
EPS in Rs4.4016.67-1.079.8710.401.00-2.23-9.138.803.27-1.138.876.97

Lakshmi Finance & Industrial Corporation Ltd Quarterly Chart

Lakshmi Finance & Industrial Corporation Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1.563.944.526.524.554.496.632.952.7515.037.963.5910.18
Expenses1.583.683.371.101.101.241.863.3412.361.371.533.253.09
Operating Profit-0.020.261.155.423.453.254.77-0.39-9.6113.666.430.347.09
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%69.65%
Other Income0.220.290.280.360.380.000.020.550.560.470.010.010.03
Interest0.000.000.000.040.000.000.000.030.020.010.040.030.02
Depreciation0.090.090.080.070.070.060.050.140.130.130.150.140.15
Profit before tax0.110.461.355.673.763.194.74-0.01-9.2013.996.250.186.95
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 Profit0.110.461.355.003.633.154.620.62-6.599.155.710.555.39
EPS in Rs0.371.534.5016.6712.1010.5015.402.07-21.9730.5019.031.8317.98
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:-1%
5 Years:-12%
3 Years:9%
TTM:190%
Compounded Profit Growth
10 Years:2%
5 Years:-35%
3 Years:28%
TTM:3771%
Stock Price CAGR
10 Years:%
5 Years:23%
3 Years:46%
1 Year:109%
Return on Equity
10 Years:7%
5 Years:5%
3 Years:12%
Last Year:1%

Lakshmi Finance & Industrial Corporation Ltd Balance Sheet

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -0.27-1.50-0.10-1.09-3.04-1.10-3.961.880.79-2.96-0.191.24
Cash from Investing Activity 0.432.593.142.092.880.178.640.40-0.292.635.81-4.27
Cash from Financing Activity -0.68-0.43-0.43-0.56-0.87-0.95-1.01-1.19-0.87-0.71-1.06-1.12
Net Cash Flow-0.520.662.610.45-1.04-1.893.671.10-0.37-1.044.56-4.15

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

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

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 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.8419.0230.51-21.956.09
Diluted EPS (Rs.)1.8419.0230.51-21.956.09
Cash EPS (Rs.)2.3119.5230.94-21.516.20
Book Value[Excl.RevalReserv]/Share (Rs.)155.60156.83140.78112.39141.58
Book Value[Incl.RevalReserv]/Share (Rs.)155.60156.83140.78112.39141.58
Dividend / Share (Rs.)2.003.003.002.002.50
Revenue From Operations / Share (Rs.)11.9625.0450.099.1211.48
PBDIT / Share (Rs.)1.1521.4647.12-30.176.37
PBIT / Share (Rs.)0.6720.9746.69-30.616.25
PBT / Share (Rs.)0.5920.8546.65-30.696.25
Net Profit / Share (Rs.)1.8419.0230.51-21.956.09
PBDIT Margin (%)9.6385.7294.06-330.7955.49
PBIT Margin (%)5.6683.7593.21-335.6154.46
PBT Margin (%)4.9483.2893.12-336.4854.46
Net Profit Margin (%)15.3475.9860.91-240.7153.00
Return on Networth / Equity (%)1.1712.1221.67-19.534.29
Return on Capital Employeed (%)0.4212.9432.03-26.524.34
Return On Assets (%)1.1211.4620.50-18.454.14
Asset Turnover Ratio (%)0.070.150.370.060.07
Current Ratio (X)48.7641.5546.9529.048.03
Quick Ratio (X)48.7641.5546.9529.048.03
Dividend Payout Ratio (NP) (%)0.0015.776.55-11.3865.71
Dividend Payout Ratio (CP) (%)0.0015.376.46-11.6264.46
Earning Retention Ratio (%)0.0084.2393.45111.3834.29
Cash Earning Retention Ratio (%)0.0084.6393.54111.6235.54
Interest Coverage Ratio (X)13.34179.011070.59-382.970.00
Interest Coverage Ratio (Post Tax) (X)22.25159.66694.30-277.680.00
Enterprise Value (Cr.)33.2420.6320.537.2515.83
EV / Net Operating Revenue (X)9.262.751.372.654.60
EV / EBITDA (X)96.173.201.45-0.808.28
MarketCap / Net Operating Revenue (X)9.833.911.684.386.58
Retention Ratios (%)0.0084.2293.44111.3834.28
Price / BV (X)0.750.620.590.350.53
Price / Net Operating Revenue (X)9.833.911.684.386.58
EarningsYield0.010.190.36-0.540.08

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 of Lakshmi Finance & Industrial Corporation Ltd Stock

Fair Value: ₹15.98

The stock is overvalued by 92.63% compared to the current price ₹217

*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 (35.31 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (5.74 cr) and profit (2.88 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 9.19 and average Dividend Yield of -19.71%.
  2. The stock has a low average ROCE of 6.94%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 34.88, which may not be favorable.

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