Phoenix Lamps Ltd(Merged)

Phoenix Lamps Ltd(Merged)

₹ 220 3.77%
11 Sep 2017
About

Phoenix Lamps promoted in the year 1991 as an Indo Japanese Joint Venture, is counted amongst the most preferred manufacturers and suppliers of Halogen Lamps for Automotive.

  • Market Cap 616 Cr.
  • Current Price 220
  • High / Low /
  • Stock P/E 25.9
  • Book Value 71.5
  • Dividend Yield 0.00 %
  • ROCE 17.0 %
  • ROE 1.65 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 18.8% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -12.2% over past five 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: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017
66.73 56.11 63.63 63.77 60.59 49.97 53.09 56.93 58.44 57.74 57.80 58.38 59.48
51.07 46.23 49.71 49.09 52.86 41.42 45.30 45.41 46.31 47.02 46.78 48.52 50.19
Operating Profit 15.66 9.88 13.92 14.68 7.73 8.55 7.79 11.52 12.13 10.72 11.02 9.86 9.29
OPM % 23.47% 17.61% 21.88% 23.02% 12.76% 17.11% 14.67% 20.24% 20.76% 18.57% 19.07% 16.89% 15.62%
0.94 0.33 0.06 0.00 0.23 0.07 0.02 1.23 -19.28 0.48 -1.28 0.50 0.46
Interest 0.88 0.71 1.16 1.22 1.11 1.22 0.81 0.44 0.92 0.60 0.65 0.75 0.54
Depreciation 3.40 1.43 1.99 1.22 1.65 2.38 1.16 1.16 1.17 1.15 1.56 1.35 1.58
Profit before tax 12.32 8.07 10.83 12.24 5.20 5.02 5.84 11.15 -9.24 9.45 7.53 8.26 7.63
Tax % -4.63% 19.21% 26.41% 28.02% 19.62% 34.66% 34.59% 33.27% 42.10% 34.60% 35.86% 35.23% 17.82%
12.89 6.52 7.97 8.81 4.17 3.28 3.82 7.43 -13.12 6.18 4.83 5.35 6.28
EPS in Rs 4.60 2.33 2.85 3.15 1.49 1.17 1.36 2.65 -4.69 2.21 1.72 1.91 2.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 TTM
233 278 357 384 437 419 452 437 370 244 218 233
194 234 290 354 425 400 411 415 308 198 183 193
Operating Profit 39 44 67 30 12 19 41 22 63 46 36 41
OPM % 17% 16% 19% 8% 3% 5% 9% 5% 17% 19% 16% 18%
7 3 3 1 0 1 -0 4 60 2 -13 0
Interest 7 7 7 17 18 17 23 21 12 5 4 3
Depreciation 14 11 11 11 13 13 14 14 9 6 6 6
Profit before tax 25 29 52 3 -19 -10 4 -9 101 36 13 33
Tax % 4% -8% 8% 49% -0% -12% -57% 0% 11% 24% 89%
24 31 48 2 -19 -9 6 -9 90 27 1 23
EPS in Rs 11.24 17.14 0.58 -6.88 -3.16 2.04 -3.05 32.20 9.81 0.50 8.08
Dividend Payout % 20% 27% 23% 69% 0% 0% 0% 0% 50% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: -12%
3 Years: -21%
TTM: 7%
Compounded Profit Growth
10 Years: -18%
5 Years: 19%
3 Years: 33%
TTM: 11%
Stock Price CAGR
10 Years: 8%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 11%
5 Years: 13%
3 Years: 19%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Equity Capital 24 28 28 28 28 28 28 28 28 28 28
Reserves 32 89 114 114 95 86 92 83 121 148 150
104 64 118 141 146 146 169 148 52 35 41
33 32 63 60 63 94 94 118 88 46 35
Total Liabilities 192 214 322 343 331 353 383 377 289 258 254
82 76 96 114 106 110 103 91 31 27 27
CWIP 4 19 17 8 12 3 0 0 0 0 1
Investments 0 0 0 0 0 0 0 0 79 79 90
106 119 209 221 213 240 280 286 179 151 136
Total Assets 192 214 322 343 331 353 383 377 289 258 254

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
20 20 -8 29 28 24 0 42 71 43 44
-15 -20 -30 -19 -10 -13 -0 -4 1 -3 -47
7 -11 38 -5 -11 -15 1 -41 -58 -56 3
Net Cash Flow 12 -10 -0 5 7 -4 2 -3 14 -16 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Debtor Days 68 77 101 72 82 93 100 136 69 100 81
Inventory Days 134 117 191 198 119 143 170 134 98 139 153
Days Payable 21 14 55 56 45 69 90 98 65 95 65
Cash Conversion Cycle 181 180 237 213 156 167 179 172 102 143 168
Working Capital Days 108 117 153 150 117 117 143 134 63 142 144
ROCE % 21% 27% 7% -0% 3% 11% 5% 32% 20% 17%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017
61.93% 61.93% 61.93% 61.93% 61.93%
0.15% 0.84% 0.84% 0.73% 0.99%
0.25% 0.19% 0.19% 0.18% 0.27%
37.67% 37.04% 37.04% 37.16% 36.81%
No. of Shareholders 23,26923,03723,54323,38822,805

* 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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