Lancor Holdings Ltd

Lancor Holdings Ltd

₹ 42.8 -0.53%
01 Oct 12:50 p.m.
About

Incorporated in 1985, Lancor Holdings
Ltd is in the business of real estate development, leasing of commercial properties and allied activities[1]

Key Points

Business Overview:[1][2]
LHL executes commercial and residential development projects in Chennai and is doing redevelopment of many city projects through joint development. Company has completed 73 projects of 49.13 lakh square feet

  • Market Cap 312 Cr.
  • Current Price 42.8
  • High / Low 63.0 / 31.8
  • Stock P/E 34.4
  • Book Value 22.6
  • Dividend Yield 0.47 %
  • ROCE 9.91 %
  • ROE 5.04 %
  • Face Value 2.00

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -10.4%
  • Company has a low return on equity of -0.99% over last 3 years.

* 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: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
17.82 33.20 27.91 26.31 25.76 30.46 31.49 26.50 27.59 35.30 31.00 43.71 35.17
9.64 32.29 27.32 24.32 18.70 24.84 27.15 21.85 22.97 29.71 25.97 34.79 26.16
Operating Profit 8.18 0.91 0.59 1.99 7.06 5.62 4.34 4.65 4.62 5.59 5.03 8.92 9.01
OPM % 45.90% 2.74% 2.11% 7.56% 27.41% 18.45% 13.78% 17.55% 16.75% 15.84% 16.23% 20.41% 25.62%
0.40 0.20 0.18 0.13 0.25 0.27 0.33 0.32 0.26 0.23 0.44 -0.16 0.21
Interest 6.93 6.47 6.29 5.74 6.64 4.83 4.23 4.41 3.51 2.80 3.11 3.68 4.25
Depreciation 0.29 0.32 0.33 0.43 0.43 0.44 0.41 0.54 0.36 0.47 0.44 0.24 0.55
Profit before tax 1.36 -5.68 -5.85 -4.05 0.24 0.62 0.03 0.02 1.01 2.55 1.92 4.84 4.42
Tax % 28.68% -33.80% -21.20% -25.68% 162.50% 133.87% -1,233.33% 1,950.00% 41.58% 26.27% 33.33% 37.81% 34.39%
0.97 -3.75 -4.61 -3.00 -0.15 -0.20 0.40 -0.38 0.59 1.89 1.28 3.01 2.90
EPS in Rs 0.16 -0.62 -0.76 -0.49 -0.02 -0.03 0.07 -0.06 0.10 0.31 0.21 0.50 0.40
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
71 78 103 83 79 72 92 58 51 105 114 138 145
46 41 66 54 38 45 64 40 39 93 93 113 117
Operating Profit 24 37 38 29 40 27 28 19 13 12 22 24 29
OPM % 34% 47% 36% 35% 51% 38% 30% 32% 25% 11% 19% 18% 20%
6 8 4 1 1 1 1 3 1 1 1 1 1
Interest 15 19 17 16 21 20 22 27 28 26 20 13 14
Depreciation 2 3 3 2 2 2 2 1 1 1 2 2 2
Profit before tax 13 24 22 12 19 7 6 -7 -15 -14 1 10 14
Tax % 28% 32% 32% 15% 16% 13% 37% -14% -24% -27% 137% 34%
9 16 15 10 16 6 4 -6 -12 -10 -0 7 9
EPS in Rs 1.54 2.62 2.42 1.67 2.58 0.93 0.58 -0.92 -1.90 -1.71 -0.05 1.11 1.42
Dividend Payout % 43% 25% 27% 40% 5% 14% 23% 0% 0% 0% 0% 18%
Compounded Sales Growth
10 Years: 6%
5 Years: 8%
3 Years: 39%
TTM: 25%
Compounded Profit Growth
10 Years: -8%
5 Years: 14%
3 Years: 37%
TTM: 2115%
Stock Price CAGR
10 Years: 11%
5 Years: 52%
3 Years: 65%
1 Year: 15%
Return on Equity
10 Years: 2%
5 Years: -3%
3 Years: -1%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 4 4 4 8 8 8 8 8 8 8 8 12
Reserves 93 105 124 125 144 149 152 145 134 123 123 125
138 142 151 170 151 160 165 198 206 174 110 95
39 55 37 34 20 18 17 15 15 21 61 86
Total Liabilities 274 305 316 338 323 336 342 367 363 327 303 318
56 56 83 81 43 44 40 39 39 39 38 39
CWIP 0 1 25 32 3 0 2 3 4 3 4 6
Investments 3 3 3 3 3 3 3 3 3 4 5 5
215 246 205 223 274 289 297 321 318 280 256 269
Total Assets 274 305 316 338 323 336 342 367 363 327 303 318

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-64 22 13 -5 2 2 14 -11 19 58 88 29
23 -0 2 -1 80 7 8 -1 -1 -1 -2 -2
35 -20 -17 4 -77 -11 -16 7 -20 -56 -84 -29
Net Cash Flow -6 2 -2 -2 5 -2 6 -5 -2 1 2 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 14 11 1 52 12 26 12 32 61 37 46 42
Inventory Days 3,590 6,302 4,868 6,240 1,310 2,881 1,544
Days Payable 187 161 90 124 22 238 203
Cash Conversion Cycle 14 11 1 3,455 6,152 4,804 12 32 6,176 1,324 2,689 1,384
Working Capital Days 706 554 576 793 870 1,218 997 1,453 1,971 784 512 407
ROCE % 14% 18% 15% 10% 13% 9% 9% 6% 4% 3% 8% 10%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
62.08% 62.08% 62.08% 62.08% 62.08% 62.08% 62.08% 62.08% 62.08% 62.08% 62.08% 51.67%
0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.00% 0.00% 0.00% 0.00% 1.56%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.74%
37.67% 37.67% 37.67% 37.67% 37.66% 37.67% 37.68% 37.91% 37.93% 37.92% 37.92% 46.03%
No. of Shareholders 3,9383,8843,8183,8194,0243,8803,6523,4917,0386,4047,2198,228

* 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.

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