Financials Lakshmi Electrical Control Systems Limited

Equities

LAKSELEC6

INE284C01018

Electrical Components & Equipment

Market Closed - Bombay S.E. 06:00:56 2024-06-07 am EDT 5-day change 1st Jan Change
1,483 INR -1.05% Intraday chart for Lakshmi Electrical Control Systems Limited -0.83% -0.27%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,450 1,308 503.4 742.3 1,478 1,829
Enterprise Value (EV) 1 1,423 1,252 506.8 754.6 1,424 1,855
P/E ratio 12.4 x 12.8 x 118 x 24.3 x 9.54 x 9.18 x
Yield 1.69% 1.69% 0.24% 1.16% 2.49% 2.96%
Capitalization / Revenue 0.77 x 0.69 x 0.44 x 0.56 x 0.58 x 0.51 x
EV / Revenue 0.75 x 0.66 x 0.45 x 0.57 x 0.56 x 0.51 x
EV / EBITDA 9.16 x 11.3 x -424 x 18.9 x 7 x 6.79 x
EV / FCF 12 x 27 x -40.5 x -8.92 x 53.9 x -16.6 x
FCF Yield 8.36% 3.7% -2.47% -11.2% 1.86% -6.04%
Price to Book 0.86 x 0.77 x 0.38 x 0.42 x 0.69 x 0.79 x
Nbr of stocks (in thousands) 2,458 2,458 2,458 2,458 2,458 2,458
Reference price 2 590.0 532.0 204.8 302.0 601.4 744.2
Announcement Date 7/11/18 7/8/19 7/20/20 7/8/21 7/6/22 6/27/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,885 1,908 1,132 1,322 2,561 3,608
EBITDA 1 155.4 110.5 -1.196 39.95 203.3 273.4
EBIT 1 134.6 89.34 -23.51 17.96 181.3 248.8
Operating Margin 7.14% 4.68% -2.08% 1.36% 7.08% 6.9%
Earnings before Tax (EBT) 1 165.5 130.5 9.176 26.12 206.4 271.9
Net income 1 117.4 102.1 4.288 30.59 154.9 199.3
Net margin 6.23% 5.35% 0.38% 2.31% 6.05% 5.52%
EPS 2 47.77 41.52 1.740 12.44 63.01 81.07
Free Cash Flow 1 119 46.31 -12.52 -84.56 26.43 -112
FCF margin 6.31% 2.43% -1.11% -6.39% 1.03% -3.11%
FCF Conversion (EBITDA) 76.57% 41.9% - - 13% -
FCF Conversion (Net income) 101.33% 45.37% - - 17.07% -
Dividend per Share 2 10.00 9.000 0.5000 3.500 15.00 22.00
Announcement Date 7/11/18 7/8/19 7/20/20 7/8/21 7/6/22 6/27/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 3.45 12.3 - 26
Net Cash position 1 27.2 55.8 - - 54.5 -
Leverage (Debt/EBITDA) - - -2.885 x 0.3078 x - 0.0951 x
Free Cash Flow 1 119 46.3 -12.5 -84.6 26.4 -112
ROE (net income / shareholders' equity) 7.65% 6% 0.28% 1.97% 7.96% 8.96%
ROA (Net income/ Total Assets) 4.28% 2.74% -0.82% 0.59% 4.51% 5.3%
Assets 1 2,745 3,720 -522.2 5,221 3,432 3,758
Book Value Per Share 2 688.0 695.0 545.0 717.0 866.0 944.0
Cash Flow per Share 2 0.2300 0.2100 0.2300 0.2000 0.1700 0.1500
Capex 1 30.7 16.2 111 7.67 23.5 170
Capex / Sales 1.63% 0.85% 9.8% 0.58% 0.92% 4.72%
Announcement Date 7/11/18 7/8/19 7/20/20 7/8/21 7/6/22 6/27/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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