Lakshmi Automatic Loom Works Ltd

₹ 2,795 -3.04%

04 Jul - close price

About

Incorporated in 1973, Lakshmi Automatic Loom Works Ltd manufactures spares and accessories for C-type automatic weaving machines, circular knitting machines, and parts for machine tools apart from providing warehouse rental services^[1]

Key Points

Product Profile:^[1]
Company is currently manufacturing and supplying High Precision items viz.:
a) VDI Standard Tool Holders
b) Rectangular Tool Holders
c) Boring Bar Holders
d) Collect Chuck Holder
e) VDI Non-Standard

Website BSE

Market Cap ₹ 187 Cr.
Current Price ₹ 2,795
High / Low ₹ 3,346 / 884
Stock P/E 89.0
Book Value ₹ 324
Dividend Yield 0.36 %
ROCE 13.4 %
ROE 10.1 %
Face Value ₹ 100

Add ratio to table

Edit ratios

Pros

Company has been maintaining a healthy dividend payout of 30.6%
Debtor days have improved from 44.4 to 33.3 days.
Company's working capital requirements have reduced from 39.3 days to 29.6 days

Cons

Stock is trading at 8.63 times its book value
Promoter holding is low: 35.9%
Company has a low return on equity of 11.9% over last 3 years.
Earnings include an other income of Rs.1.77 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	2.92	2.71	3.12	2.86	3.13	2.96	2.96	3.40	3.39	3.87	3.58	4.08	3.27
	1.96	1.65	2.06	1.93	2.40	2.16	2.29	2.56	2.63	2.73	2.75	3.44	2.68
Operating Profit	0.96	1.06	1.06	0.93	0.73	0.80	0.67	0.84	0.76	1.14	0.83	0.64	0.59
OPM %	32.88%	39.11%	33.97%	32.52%	23.32%	27.03%	22.64%	24.71%	22.42%	29.46%	23.18%	15.69%	18.04%
	0.31	0.26	0.31	0.39	0.43	0.32	0.46	0.29	0.47	0.32	0.52	0.58	0.35
Interest	0.19	0.16	0.16	0.16	0.22	0.15	0.25	0.18	0.31	0.20	0.20	0.19	0.18
Depreciation	0.22	0.22	0.24	0.25	0.24	0.23	0.24	0.26	0.25	0.28	0.29	0.30	0.30
Profit before tax	0.86	0.94	0.97	0.91	0.70	0.74	0.64	0.69	0.67	0.98	0.86	0.73	0.46
Tax %	20.93%	25.53%	24.74%	25.27%	28.57%	27.03%	1.56%	33.33%	25.37%	28.57%	31.40%	23.29%	4.35%
	0.68	0.70	0.73	0.68	0.50	0.54	0.63	0.46	0.50	0.71	0.59	0.56	0.45
EPS in Rs	9.71	10.47	10.92	10.17	7.48	8.07	9.42	6.88	7.48	10.62	8.82	8.37	6.73
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	3.50	3.12	3.63	2.68	7.17	7.45	8.17	12.70	10.20	11.82	12.71	14.79
	4.95	4.75	5.27	5.13	5.64	5.51	6.48	7.66	6.29	8.02	9.62	11.58
Operating Profit	-1.45	-1.63	-1.64	-2.45	1.53	1.94	1.69	5.04	3.91	3.80	3.09	3.21
OPM %	-41.43%	-52.24%	-45.18%	-91.42%	21.34%	26.04%	20.69%	39.69%	38.33%	32.15%	24.31%	21.70%
	4.03	5.24	5.38	4.80	1.58	0.84	0.78	0.58	1.15	1.39	1.54	1.77
Interest	0.03	0.03	0.02	0.06	0.06	0.06	0.22	0.63	0.79	0.73	0.91	0.77
Depreciation	0.35	0.35	0.39	0.30	0.30	0.36	0.47	0.62	0.89	0.94	0.98	1.16
Profit before tax	2.20	3.23	3.33	1.99	2.75	2.36	1.78	4.37	3.38	3.52	2.74	3.05
Tax %	-31.82%	3.72%	21.62%	50.75%	83.27%	26.69%	29.21%	23.34%	25.15%	26.14%	22.26%	24.26%
	2.90	3.11	2.61	0.98	0.46	1.73	1.26	3.35	2.54	2.60	2.13	2.31
EPS in Rs	48.33	51.83	43.50	16.33	7.67	28.83	21.00	47.86	36.29	38.88	31.85	34.54
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	25.73%	31.41%	34.75%

Compounded Sales Growth
10 Years:	17%
5 Years:	13%
3 Years:	13%
TTM:	16%

Compounded Profit Growth
10 Years:	-3%
5 Years:	11%
3 Years:	-5%
TTM:	-1%

Stock Price CAGR
10 Years:	26%
5 Years:	54%
3 Years:	68%
1 Year:	159%

Return on Equity
10 Years:	18%
5 Years:	15%
3 Years:	12%
Last Year:	10%

Balance Sheet

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	6.10	6.10	6.10	6.10	6.10	6.10	6.40	6.69	6.69	6.69	6.69	6.69
Reserves	-9.24	-6.73	-4.29	-3.31	-2.85	-1.11	1.88	6.87	9.38	11.90	13.35	14.98
Preference Capital	8.50	8.50	8.50	8.50	0.00	4.00	2.00	0.00	0.00	0.00	0.00
	0.10	0.10	0.10	0.10	6.58	2.66	1.61	4.92	4.94	4.43	5.92	5.07
	14.53	13.29	13.22	13.23	3.03	7.44	6.81	5.95	5.87	5.75	5.88	6.10
Total Liabilities	11.49	12.76	15.13	16.12	12.86	15.09	16.70	24.43	26.88	28.77	31.84	32.84
	4.40	4.48	3.86	3.62	3.67	8.28	8.14	15.03	14.47	15.07	17.99	18.96
CWIP	0.15	0.10	0.10	0.11	0.35	0.01	0.61	0.00	0.01	0.06	0.40	0.65
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	6.94	8.18	11.17	12.39	8.84	6.80	7.95	9.40	12.40	13.64	13.45	13.23
Total Assets	11.49	12.76	15.13	16.12	12.86	15.09	16.70	24.43	26.88	28.77	31.84	32.84

Cash Flows

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	2.39	3.06	0.55	1.49	-0.67	1.74	2.95	5.23	-3.22	0.14	8.50	2.40
	0.10	0.15	1.73	0.73	2.54	-1.57	-1.71	-6.98	3.62	0.92	-8.59	-0.06
	2.13	-1.69	-0.23	0.06	-2.07	0.03	-1.25	1.90	-0.61	-1.19	0.10	-2.38
Net Cash Flow	4.62	1.52	2.04	2.28	-0.20	0.20	-0.01	0.16	-0.21	-0.12	0.01	-0.05

Ratios

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	57.36	58.49	97.53	92.61	56.00	49.97	55.84	34.78	65.13	56.82	43.08	33.32
Inventory Days	368.17	289.37	208.11	296.56	273.75	292.96	291.18	138.11	266.02	188.52	246.71	225.81
Days Payable	22.22	26.31	25.61	91.25	68.44	67.24	57.42	42.75	80.42	76.21	81.11	64.96
Cash Conversion Cycle	403.31	321.56	280.03	297.92	261.31	275.70	289.61	130.14	250.72	169.13	208.68	194.16
Working Capital Days	124.10	84.23	251.38	215.19	20.87	-20.09	-2.23	-79.04	13.96	57.44	30.73	29.61
ROCE %	43.87%	45.57%	24.92%	17.80%	18.47%	21.69%	16.48%	32.93%	20.41%	19.26%	14.90%

Shareholding Pattern

Numbers in percentages

3 Recently

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	33.01%	33.01%	33.32%	34.11%	34.35%	34.63%	34.67%	35.22%	35.36%	35.43%	35.57%	35.86%
	20.40%	20.40%	16.39%	15.42%	15.11%	14.98%	14.54%	14.46%	14.13%	13.80%	13.43%	13.43%
	46.59%	46.59%	50.29%	50.48%	50.54%	50.36%	50.78%	50.30%	50.50%	50.76%	50.97%	50.69%
No. of Shareholders	4,757	4,843	4,879	4,988	4,999	5,024	4,966	4,861	4,878	5,051	5,309	5,209

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	26.15%	26.20%	29.64%	32.71%	32.71%	34.11%	35.22%	35.86%
	23.18%	23.18%	21.97%	20.63%	20.53%	15.42%	14.46%	13.43%
	50.67%	50.62%	48.39%	46.67%	46.76%	50.48%	50.30%	50.69%
No. of Shareholders	7,907	7,738	7,639	7,579	7,532	4,988	4,861	5,209

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Lakshmi Automatic Loom Works Ltd

Lakshmi Automatic Loom Works Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports