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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Lakshmi Precision Screws Ltd

About the Company - Lakshmi Precision Screws Ltd

Lakshmi Precision Screws Ltd. is a Public Limited Listed company incorporated on 27/12/1968 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L35999HR1968PLC004977 and registration number is 004977. Currently company belongs to the Industry of Fasteners. Company’s Total Operating Revenue is Rs. 258.69 Cr. and Equity Capital is Rs. 10.94 Cr. for the Year ended 31/03/2017.
INDUSTRYADDRESSCONTACT
Fasteners46/1, Mile Stone, Hissar Road, Rohtak Haryana 124001complianceofficer@lpsindia.com
http://www.lpsindia.com
Management
NamePosition Held
Mr. Lalit Kumar JainChairman & Managing Director
Mr. Dinesh Kumar JainVice Chairman & Mng.Director
Mrs. Sushila Devi JainDirector
Mr. Ravi Shankar SharmaDirector
Mr. Bijendra SinghDirector
Mr. Madhav RoyDirector
Mr. Kailash Sarup BhatnagarDirector
Mr. Saumitra ChoudhuryDirector

Lakshmi Precision Screws Ltd. Share Price Update

Share PriceValue
Today₹5.76
Previous Day₹5.76

Basic Stock Data of Lakshmi Precision Screws Ltd

Market Cap 5.85 Cr.
Current Price 5.35
High / Low7.24/3.37
Stock P/E
Book Value 23.6
Dividend Yield0.00 %
ROCE0.29 %
ROE84.5 %
Face Value 10.0

Data Source: screener.in

Lakshmi Precision Screws Ltd Quarterly Results

MonthMar 2005Jun 2005Sep 2005Dec 2005Mar 2006Jun 2006Sep 2006Jun 2007
Sales42.0340.7446.8450.7454.7650.1756.0253.33
Expenses36.8335.1440.9244.0846.4343.0548.2045.59
Operating Profit5.205.605.926.668.337.127.827.74
OPM %12.37%13.75%12.64%13.13%15.21%14.19%13.96%14.51%
Other Income0.350.200.210.280.600.350.090.29
Interest1.831.781.901.851.741.922.272.89
Depreciation1.321.491.551.681.861.912.242.26
Profit before tax2.402.532.683.415.333.643.402.88
Tax %56.67%31.62%38.43%42.23%27.58%35.71%27.94%31.25%
Net Profit1.041.731.531.813.692.252.381.93
EPS in Rs1.521.803.672.242.371.76

Lakshmi Precision Screws Ltd Quarterly Chart

Lakshmi Precision Screws Ltd Profit & Loss

MonthMar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Sales190220227244255351386363393425372257
Expenses163190196213218299326305366373348253
Operating Profit27303231385260582753244
OPM %14%14%14%13%15%15%15%16%7%12%6%2%
Other Income1344241312213
Interest7912161519263237383941
Depreciation799101319232217121617
Profit before tax14161581118127-274-29-41
Tax %39%42%38%46%39%33%21%24%-2%29%-14%-0%
Net Profit9994712105-283-32-40
EPS in Rs8.728.178.553.916.3211.218.814.79-25.163.00-29.52-36.54
Dividend Payout %23%22%14%15%16%13%17%17%0%0%0%0%

Lakshmi Precision Screws Ltd Profit & Loss Yearly Chart

Lakshmi Precision Screws Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:-8%
3 Years:-13%
TTM:-31%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:-19%
TTM:-27%
Stock Price CAGR
10 Years:-18%
5 Years:-11%
3 Years:2%
1 Year:8%
Return on Equity
10 Years:-5%
5 Years:-19%
3 Years:-29%
Last Year:-84%

Lakshmi Precision Screws Ltd Balance Sheet

MonthMar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Equity Capital101111111111111111111111
Reserves597482849010010811285885515
Borrowings6270110121123148201239266271253261
Other Liabilities6065737697134119100138181169176
Total Liabilities191220275291321394439462500550488462
Fixed Assets374957676495106938890150144
CWIP403111014241824
Investments112222222223
Other Assets148169214221255296331366405434318290
Total Assets191220275291321394439462500550488462

Lakshmi Precision Screws Ltd Reserves and Borrowings Chart

Lakshmi Precision Screws Ltd Cash Flow

MonthMar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Cash from Operating Activity 41-136114319729597630
Cash from Investing Activity -14-16-19-19-9-50-34-8-22-26-293
Cash from Financing Activity 41038907143-10-33-46-35
Net Cash Flow-6-67-33-1-12-3-01-2

Lakshmi Precision Screws Ltd Financial Efficiency Indicators

MonthMar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Debtor Days8579105919480798485827378
Inventory Days415413465437548421475593575539404604
Days Payable200190209186245218171129131167146168
Cash Conversion Cycle301302361342397282383548529454331515
Working Capital Days162165212211213140170229229206133140
ROCE %17%15%12%12%15%13%11%3%12%3%0%

Lakshmi Precision Screws Ltd Financial Efficiency Indicators Chart

Lakshmi Precision Screws Ltd Share Holding Pattern

MonthDec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019
Promoters63.16%63.16%63.16%63.16%63.16%62.94%62.85%62.85%62.85%62.85%62.85%62.85%
FIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
DIIs0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%
Public36.80%36.80%36.80%36.80%36.80%37.03%37.11%37.11%37.11%37.11%37.11%37.11%
No. of Shareholders6,6436,6656,6346,5336,5136,5176,3946,4926,4766,4366,4006,382

Lakshmi Precision Screws Ltd Shareholding Pattern Chart

No. of Lakshmi Precision Screws Ltd Shareholders

This stock is not held by any mutual fund

Lakshmi Precision Screws Ltd ROCE Trend

Lakshmi Precision Screws Ltd EPS Trend

Lakshmi Precision Screws Ltd Key Financial Ratios

MonthMar 17Mar 16Mar 15Mar 14Mar 13
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-36.54-29.522.99-25.164.84
Diluted EPS (Rs.)-36.54-29.522.99-25.164.84
Cash EPS (Rs.)-21.68-15.1913.94-9.3024.79
Book Value[Excl.RevalReserv]/Share (Rs.)24.0759.8090.8188.56112.84
Book Value[Incl.RevalReserv]/Share (Rs.)24.0759.8090.8188.56112.84
Revenue From Operations / Share (Rs.)236.43336.67391.12362.85335.52
PBDIT / Share (Rs.)17.7225.0449.9926.5154.68
PBIT / Share (Rs.)1.9810.7439.0610.6434.73
PBT / Share (Rs.)-35.09-25.424.19-23.415.66
Net Profit / Share (Rs.)-37.42-29.493.01-25.164.84
NP After MI And SOA / Share (Rs.)-36.54-29.032.99-25.164.84
PBDIT Margin (%)7.497.4312.787.3016.29
PBIT Margin (%)0.833.199.982.9310.35
PBT Margin (%)-14.84-7.551.07-6.451.68
Net Profit Margin (%)-15.82-8.750.77-6.931.44
NP After MI And SOA Margin (%)-15.45-8.620.76-6.931.44
Return on Networth / Equity (%)-154.84-48.923.31-28.564.30
Return on Capital Employeed (%)1.746.7919.626.6524.11
Return On Assets (%)-8.64-6.610.59-5.531.15
Long Term Debt / Equity (X)2.421.180.890.540.25
Total Debt / Equity (X)8.503.412.522.491.73
Asset Turnover Ratio (%)0.540.590.740.760.73
Current Ratio (X)0.840.991.281.221.19
Quick Ratio (X)0.260.350.420.400.38
Inventory Turnover Ratio (X)0.410.380.460.520.57
Dividend Payout Ratio (NP) (%)0.000.000.000.0016.52
Dividend Payout Ratio (CP) (%)0.000.000.000.003.22
Earning Retention Ratio (%)0.000.000.000.0083.48
Cash Earning Retention Ratio (%)0.000.000.000.0096.78
Interest Coverage Ratio (X)0.470.721.430.771.88
Interest Coverage Ratio (Post Tax) (X)0.050.201.090.291.14
Enterprise Value (Cr.)256.94250.60277.33269.99232.55
EV / Net Operating Revenue (X)0.990.660.640.680.63
EV / EBITDA (X)13.258.995.079.313.89
MarketCap / Net Operating Revenue (X)0.160.090.100.110.08
Retention Ratios (%)0.000.000.000.0083.47
Price / BV (X)1.630.540.440.450.25
Price / Net Operating Revenue (X)0.160.090.100.110.08
EarningsYield-0.94-0.900.07-0.620.17

Lakshmi Precision Screws Ltd Profitability Ratios (%)

Lakshmi Precision Screws Ltd Liquidity Ratios

Lakshmi Precision Screws Ltd Liquidity Ratios (%)

Lakshmi Precision Screws Ltd Interest Coverage Ratios (%)

Lakshmi Precision Screws Ltd Valuation Ratios

Fair Value of Lakshmi Precision Screws Ltd Stock

Fair Value: ₹305.11

The stock is undervalued by 5,603.04% compared to the current price ₹5.35

*Investments are subject to market risks

Strength and Weakness of Lakshmi Precision Screws Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (306.92 cr) and profit (0.67 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 19.43 and average Dividend Yield of 5.46%.
  2. The stock has a low average ROCE of 9.42%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 184.17, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 395.42, which may not be favorable.
  5. The company has higher borrowings (177.08) compared to reserves (79.33), which may suggest financial risk.

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 Precision Screws 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