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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Lux Industries Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:14 am

Market Cap 5,882 Cr.
Current Price 1,956
High / Low 2,493/1,072
Stock P/E37.0
Book Value 549
Dividend Yield0.10 %
ROCE11.0 %
ROE8.22 %
Face Value 2.00
PEG Ratio-2.76

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Lux Industries Ltd

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Haria Exports Ltd 7.18 Cr. 6.22 9.36/3.8765.3 12.20.00 %0.64 %0.64 % 10.0
Haria Apparels Ltd 8.23 Cr. 5.38 6.80/4.3715.0 3.620.00 %18.6 %18.2 % 10.0
Garment Mantra Lifestyle Ltd 50.8 Cr. 2.53 4.61/2.2016.7 1.920.00 %7.86 %6.85 % 1.00
Cityman Ltd 32.2 Cr. 27.5 27.5/14.4 5.490.00 %4.69 %% 10.0
Bindal Exports Ltd 11.9 Cr. 25.8 25.8/16.128.3 22.10.00 %6.61 %2.96 % 10.0
Industry Average5,399.95 Cr1,855.4956.94138.560.15%12.29%14.34%7.13

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales538596417627664587569636459715521639447
Expenses431472330490523480494571427673492584413
Operating Profit1071248713714210775653342285534
OPM %20%21%21%22%21%18%13%10%7%6%5%9%8%
Other Income25444633310543
Interest3233475676655
Depreciation4544555555666
Profit before tax1021228413413710168562441214826
Tax %26%25%24%25%26%28%26%27%31%27%29%25%26%
Net Profit7591641001017350411730153619
EPS in Rs29.9136.1621.3433.4033.6924.5316.8713.976.0110.385.5512.336.72

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,0781,2071,6681,9532,2962,3792,334
Expenses9231,0291,3981,5701,8232,1632,176
Operating Profit154178269382473215158
OPM %14%15%16%20%21%9%7%
Other Income29610171823
Interest25242113162424
Depreciation10111518182022
Profit before tax121152239362456189134
Tax %36%35%26%26%26%27%
Net Profit789917726933813797
EPS in Rs30.8439.1270.35107.47112.9547.2334.27
Dividend Payout %7%9%19%-0%11%11%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)26.92%78.79%51.98%25.65%-59.47%
Change in YoY Net Profit Growth (%)0.00%51.86%-26.81%-26.33%-85.12%

Lux Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2018-2019 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:%
5 Years:14%
3 Years:6%
TTM:2%
Compounded Profit Growth
10 Years:%
5 Years:5%
3 Years:-23%
TTM:63%
Stock Price CAGR
10 Years:%
5 Years:9%
3 Years:-18%
1 Year:48%
Return on Equity
10 Years:%
5 Years:19%
3 Years:15%
Last Year:8%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:37 pm

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital55566666
Reserves3134067349991,3031,4461,5601,644
Borrowings329181237137350268211244
Other Liabilities224209274349353399412458
Total Liabilities8728021,2501,4922,0122,1192,1892,352
Fixed Assets126132162199236288343348
CWIP5019345035
Investments15397562103206287
Other Assets7406641,0491,2081,6811,6781,6371,712
Total Assets8728021,2501,4922,0122,1192,1892,352

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-2190153389-228181240
Cash from Investing Activity +-19-12-18-17744-88-124
Cash from Financing Activity +16-178-130-133152-118-91
Net Cash Flow-5-0479-32-2524

Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-175.00-3.0032.00245.00123.00-53.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days1321119786103123114
Inventory Days328200382276501247288
Days Payable207129157162174118150
Cash Conversion Cycle253182322200430252251
Working Capital Days173138169125197190181
ROCE %28%33%36%34%13%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters73.95%73.95%74.33%74.19%74.19%74.19%74.19%74.19%74.19%74.19%74.19%74.19%
FIIs3.89%2.82%2.08%2.11%1.88%2.15%2.18%1.69%0.95%0.83%0.84%1.14%
DIIs6.66%6.60%6.23%11.11%10.18%9.67%8.96%8.06%6.94%4.88%4.83%4.84%
Public15.50%16.63%17.36%12.58%13.75%13.98%14.67%16.05%17.91%20.10%20.14%19.81%
No. of Shareholders45,64257,75267,92975,97786,75687,37888,23992,88395,23797,86285,87974,190

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Kotak Emerging Equity Fund - Regular Plan572,8160.2378.17147,4772024-12-17288.41%
Kotak Small Cap Fund - Regular Plan147,4770.1720.13147,4772024-12-170%
Motilal Oswal Nifty Smallcap 250 Index Fund2,9660.090.4147,4772024-12-17-97.99%
SBI Nifty Smallcap 250 Index Fund2,1800.090.3147,4772024-12-17-98.52%
Motilal Oswal Nifty 500 Index Fund3220.010.04147,4772024-12-17-99.78%
Groww Nifty Total Market Index Fund170.010147,4772024-12-17-99.99%
Motilal Oswal Nifty 500 ETF140.010147,4772024-12-17-99.99%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)43.0747.23112.9590.2559.08
Diluted EPS (Rs.)43.0747.23112.9590.2559.08
Cash EPS (Rs.)47.0350.24113.87108.3972.60
Book Value[Excl.RevalReserv]/Share (Rs.)495.81460.34416.41377.29277.96
Book Value[Incl.RevalReserv]/Share (Rs.)495.81460.34416.41377.29277.96
Revenue From Operations / Share (Rs.)742.58759.96733.51736.80629.36
PBDIT / Share (Rs.)68.4574.49156.64148.18103.86
PBIT / Share (Rs.)61.5668.17150.78141.4598.15
PBT / Share (Rs.)55.0360.34145.66136.6590.21
Net Profit / Share (Rs.)40.1343.92108.01101.6566.89
NP After MI And SOA / Share (Rs.)41.3845.38108.52102.4167.04
PBDIT Margin (%)9.219.8021.3520.1116.50
PBIT Margin (%)8.288.9720.5519.1915.59
PBT Margin (%)7.417.9419.8518.5414.33
Net Profit Margin (%)5.405.7714.7213.7910.62
NP After MI And SOA Margin (%)5.575.9714.7913.8910.65
Return on Networth / Equity (%)8.269.7825.9327.0124.02
Return on Capital Employeed (%)12.1314.1934.9936.1133.84
Return On Assets (%)5.916.7016.8818.1914.21
Long Term Debt / Equity (X)0.000.010.010.010.01
Total Debt / Equity (X)0.110.160.250.120.31
Asset Turnover Ratio (%)1.081.151.311.431.64
Current Ratio (X)3.032.872.592.812.23
Quick Ratio (X)1.961.761.331.761.20
Inventory Turnover Ratio (X)1.541.381.831.621.95
Dividend Payout Ratio (NP) (%)11.610.0010.620.0019.18
Dividend Payout Ratio (CP) (%)9.950.0010.080.0017.68
Earning Retention Ratio (%)88.390.0089.380.0080.82
Cash Earning Retention Ratio (%)90.050.0089.920.0082.32
Interest Coverage Ratio (X)10.489.5230.6230.8713.07
Interest Coverage Ratio (Post Tax) (X)7.146.6122.1222.189.42
Enterprise Value (Cr.)3484.933838.367123.804552.052707.17
EV / Net Operating Revenue (X)1.501.613.102.331.62
EV / EBITDA (X)16.2616.4614.5311.599.84
MarketCap / Net Operating Revenue (X)1.451.532.992.371.49
Retention Ratios (%)88.380.0089.370.0080.81
Price / BV (X)2.152.505.244.603.36
Price / Net Operating Revenue (X)1.451.532.992.371.49
EarningsYield0.030.030.040.050.07

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Lux Industries Ltd as of December 21, 2024 is: 1,671.40

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.

As of December 21, 2024, Lux Industries Ltd is Overvalued by 14.55% compared to the current share price 1,956.00

Intrinsic Value of Lux Industries Ltd as of December 21, 2024 is: 1,447.47

Calculation basis:

  • Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, Lux Industries Ltd is Overvalued by 26.00% compared to the current share price 1,956.00

Last 5 Year EPS CAGR: -13.40%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 22.14%, which is a positive sign.
  2. The company has higher reserves (1,050.63 cr) compared to borrowings (244.63 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.43 cr) and profit (236.14 cr) over the years.
  1. The stock has a high average Working Capital Days of 167.57, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 270.00, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Lux Industries Ltd:
    1. Net Profit Margin: 5.4%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 12.13% (Industry Average ROCE: 12.29%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 8.26% (Industry Average ROE: 13.45%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 7.14
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.96
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 37 (Industry average Stock P/E: 40.92)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.11
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Lux Industries Ltd. is a Public Limited Listed company incorporated on 27/07/1995 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L17309WB1995PLC073053 and registration number is 073053. Currently Company is involved in the business activities of Manufacture of other knitted and crocheted apparel including hosiery. Company’s Total Operating Revenue is Rs. 2273.00 Cr. and Equity Capital is Rs. 6.26 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Readymade Apparels39, Kali Krishna Tagore Street, Kolkata West Bengal 700007investors@luxinnerwear.com
http://www.luxinnerwear.com
Management
NamePosition Held
Mr. Ashok Kumar TodiChairman
Mr. Pradip Kumar TodiManaging Director
Mr. Navin Kumar TodiExecutive Director
Mr. Rahul Kumar TodiExecutive Director
Mr. Saket TodiExecutive Director
Mr. Udit TodiExecutive Director
Mr. Rajnish RikhyIndependent Director
Mrs. Ratnabali KakkarIndependent Director
Mrs. Rusha MitraIndependent Director
Mr. Kumud Chandra Paricha PatnaikIndependent Director
Mr. Sadhu Ram BansalIndependent Director
Mrs. Shashi SharmaIndependent Director

FAQ

What is the latest intrinsic value of Lux Industries Ltd?

The latest intrinsic value of Lux Industries Ltd as on 21 December 2024 is ₹1671.40, which is 14.55% lower than the current market price of ₹1,956.00. The stock has a market capitalization of 5,882 Cr. and recorded a high/low of 2,493/1,072 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,644 Cr and total liabilities of ₹2,352 Cr.

What is the Market Cap of Lux Industries Ltd?

The Market Cap of Lux Industries Ltd is 5,882 Cr..

What is the current Stock Price of Lux Industries Ltd as on 21 December 2024?

The current stock price of Lux Industries Ltd as on 21 December 2024 is 1,956.

What is the High / Low of Lux Industries Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Lux Industries Ltd stocks is 2,493/1,072.

What is the Stock P/E of Lux Industries Ltd?

The Stock P/E of Lux Industries Ltd is 37.0.

What is the Book Value of Lux Industries Ltd?

The Book Value of Lux Industries Ltd is 549.

What is the Dividend Yield of Lux Industries Ltd?

The Dividend Yield of Lux Industries Ltd is 0.10 %.

What is the ROCE of Lux Industries Ltd?

The ROCE of Lux Industries Ltd is 11.0 %.

What is the ROE of Lux Industries Ltd?

The ROE of Lux Industries Ltd is 8.22 %.

What is the Face Value of Lux Industries Ltd?

The Face Value of Lux Industries Ltd is 2.00.

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 Lux Industries 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