La Tim Metal & Industries Ltd

La Tim Metal & Industries Ltd

₹ 14.6 -1.42%
22 Nov - close price
About

Incorporated in 1974, La Tim Metal &
Industries Ltd does trading & manufacturing
of steel products and real estate development activity[1]

Key Points

Business Overview:[1]
Company is a flagship company of LATIM group. It imports and trades in colour coated steel sheets. It also owns and operates a manufacturing unit in Umergaon, Gujarat. Company caters to the market either by Imported Goods or goods from its factory sent
through the coastal route

  • Market Cap 190 Cr.
  • Current Price 14.6
  • High / Low 19.6 / 13.0
  • Stock P/E 43.3
  • Book Value 2.29
  • Dividend Yield 0.00 %
  • ROCE -1.97 %
  • ROE -24.2 %
  • Face Value 1.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.4%

Cons

  • Company has low interest coverage ratio.
  • Working capital days have increased from 43.5 days to 73.0 days

* 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: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
112.77 153.41 76.78 99.75 144.52 167.15 156.86 84.55 65.35 63.13 58.59 84.58 97.72
104.48 142.57 72.27 88.29 138.30 158.59 155.22 84.47 70.38 60.11 57.33 82.30 93.65
Operating Profit 8.29 10.84 4.51 11.46 6.22 8.56 1.64 0.08 -5.03 3.02 1.26 2.28 4.07
OPM % 7.35% 7.07% 5.87% 11.49% 4.30% 5.12% 1.05% 0.09% -7.70% 4.78% 2.15% 2.70% 4.16%
0.54 1.07 0.10 0.22 0.08 0.18 1.00 0.41 0.17 0.20 0.92 0.71 0.40
Interest 1.26 1.26 2.51 1.36 0.78 1.42 0.42 1.45 2.13 1.08 1.32 1.32 2.12
Depreciation 0.67 0.57 0.41 0.53 0.51 0.53 0.47 0.60 0.61 0.61 0.61 0.62 0.67
Profit before tax 6.90 10.08 1.69 9.79 5.01 6.79 1.75 -1.56 -7.60 1.53 0.25 1.05 1.68
Tax % 7.10% -1.79% 44.97% 12.87% 26.55% 28.87% 45.14% 2.56% 0.53% -1.96% 28.00% 5.71% 2.38%
6.42 10.26 0.92 8.53 3.68 4.83 0.95 -1.60 -7.64 1.57 0.18 0.99 1.64
EPS in Rs 0.49 0.78 0.07 0.65 0.28 0.37 0.07 -0.12 -0.58 0.12 0.01 0.07 0.12
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
120 347 177 397 568 272 304
118 340 181 372 540 272 293
Operating Profit 2 8 -4 25 28 -1 11
OPM % 2% 2% -2% 6% 5% -0% 4%
1 0 1 2 1 2 2
Interest 2 8 6 6 4 6 6
Depreciation 0 4 5 2 2 2 3
Profit before tax 1 -4 -14 19 23 -7 5
Tax % 82% 2% -3% 6% 23% 2%
0 -5 -14 18 18 -8 4
EPS in Rs 0.03 -0.35 -1.05 1.33 1.36 -0.57 0.32
Dividend Payout % 0% 0% 0% 3% 2% 0%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 15%
TTM: -36%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 13%
TTM: 227%
Stock Price CAGR
10 Years: 19%
5 Years: 36%
3 Years: 35%
1 Year: 1%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 41%
Last Year: -24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 9 9 9 9 9 9
Reserves 3 5 -8 9 26 19 22
31 58 38 36 40 51 63
42 26 44 76 84 31 66
Total Liabilities 80 99 83 130 159 110 160
23 22 20 18 16 19 21
CWIP 0 0 0 0 0 0 0
Investments 1 1 1 1 2 2 2
56 76 62 111 141 89 137
Total Assets 80 99 83 130 159 110 160

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2 -25 29 19 -2 -3
-25 -2 -4 -0 -2 3
20 27 -25 -13 -0 -1
Net Cash Flow -2 -0 0 6 -4 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 22 20 41 41 15 21
Inventory Days 127 247 286 341 728 170
Days Payable 126 118 355 479 526 79
Cash Conversion Cycle 23 149 -29 -97 217 111
Working Capital Days 39 48 29 24 33 73
ROCE % 7% -14% 54% 42% -2%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
62.25% 62.25% 62.25% 62.25% 62.25% 62.25% 62.43% 62.43% 62.48% 61.90% 61.98% 61.98%
0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.05% 0.05% 0.05%
37.69% 37.69% 37.69% 37.69% 37.70% 37.69% 37.51% 37.51% 37.44% 38.06% 37.98% 37.98%
No. of Shareholders 4,3685,81016,11818,32917,84017,42116,03014,86413,72915,70315,01715,230

* 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.

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