Latent Light Finance Ltd

Latent Light Finance Ltd

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About

Latent Light Finance is to carry on the business of Non-Banking Financial Institution ('NBFC') without accepting public deposits.(Source : 201903 Annual Report Page No:68)

  • Market Cap Cr.
  • Current Price
  • High / Low /
  • Stock P/E
  • Book Value
  • Dividend Yield %
  • ROCE 3.60 %
  • ROE 2.20 %
  • Face Value 10.0

Pros

Cons

  • Company has a low return on equity of 3.68% over last 3 years.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 219 days to 315 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: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
0.30 0.24 0.24 0.25 0.29 0.31 0.44 0.43 -0.14 0.00 0.00 0.00 1.37
0.10 0.06 0.03 0.03 0.21 0.08 0.06 0.04 0.27 0.06 0.08 0.03 0.29
Operating Profit 0.20 0.18 0.21 0.22 0.08 0.23 0.38 0.39 -0.41 -0.06 -0.08 -0.03 1.08
OPM % 66.67% 75.00% 87.50% 88.00% 27.59% 74.19% 86.36% 90.70% 78.83%
0.00 0.02 0.00 0.00 0.58 0.12 0.00 0.09 1.67 0.00 0.00 0.00 0.00
Interest 0.04 0.06 0.08 0.10 0.00 0.02 0.09 0.10 0.05 0.00 0.00 0.00 0.37
Depreciation 0.03 0.02 0.02 0.02 0.03 0.01 0.00 0.01 0.01 0.00 0.00 0.00 0.01
Profit before tax 0.13 0.12 0.11 0.10 0.63 0.32 0.29 0.37 1.20 -0.06 -0.08 -0.03 0.70
Tax % 15.38% -25.00% 27.27% 60.00% 28.57% 21.88% 34.48% 5.41% -27.50% 100.00% 0.00% 0.00% 20.00%
0.11 0.15 0.08 0.04 0.44 0.25 0.19 0.35 1.53 -0.12 -0.08 -0.03 0.56
EPS in Rs 0.91 1.24 0.66 0.33 3.63 2.06 1.57 2.89 12.62 -0.99 -0.66 -0.25 4.62
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
9.24 9.59 2.92 0.00 0.49 0.23 0.48 1.13 1.07 1.01 1.05 1.38
7.52 9.20 4.40 2.04 0.02 0.65 0.15 0.56 0.22 0.29 2.11 0.47
Operating Profit 1.72 0.39 -1.48 -2.04 0.47 -0.42 0.33 0.57 0.85 0.72 -1.06 0.91
OPM % 18.61% 4.07% -50.68% 95.92% -182.61% 68.75% 50.44% 79.44% 71.29% -100.95% 65.94%
0.60 1.32 2.90 5.85 0.45 1.47 0.45 0.56 0.23 0.58 3.51 0.00
Interest 0.22 0.73 1.77 1.83 0.34 0.05 0.10 0.39 0.32 0.24 0.26 0.37
Depreciation 0.56 0.49 0.27 0.17 0.25 0.24 0.29 0.20 0.14 0.10 0.03 0.02
Profit before tax 1.54 0.49 -0.62 1.81 0.33 0.76 0.39 0.54 0.62 0.96 2.16 0.52
Tax % 41.56% 42.86% 16.13% 16.57% 9.09% 2.63% 23.08% 24.07% 17.74% 30.21% -6.94% 26.92%
0.90 0.28 -0.72 1.51 0.29 0.73 0.30 0.40 0.51 0.67 2.31 0.39
EPS in Rs 7.42 2.31 -5.94 12.45 2.39 6.02 2.47 3.30 4.21 5.53 19.05 3.22
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 24%
3 Years: 9%
TTM: 31%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: -9%
TTM: -48%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 4%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity Capital 1.21 1.21 1.21 1.21 1.21 1.21 1.21 1.21 1.21 1.21 1.21 1.21
Reserves 5.58 6.43 5.68 7.20 11.88 12.58 12.88 13.27 13.78 14.02 16.33 16.73
1.10 10.35 12.77 12.04 3.16 0.14 1.76 5.05 2.13 1.11 2.13 11.80
3.39 2.87 2.92 1.28 1.44 0.32 0.42 1.04 0.21 0.45 0.31 0.65
Total Liabilities 11.28 20.86 22.58 21.73 17.69 14.25 16.27 20.57 17.33 16.79 19.98 30.39
5.11 4.38 1.25 0.69 0.74 0.51 0.63 1.78 1.64 1.42 0.09 0.07
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.03 2.38 6.39 5.90 1.72 1.72 1.72 0.37 0.37 0.27 0.30 0.29
6.14 14.10 14.94 15.14 15.23 12.02 13.92 18.42 15.32 15.10 19.59 30.03
Total Assets 11.28 20.86 22.58 21.73 17.69 14.25 16.27 20.57 17.33 16.79 19.98 30.39

Cash Flows

Figures in Rs. Crores

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
2.91 -7.00 -0.73 1.25 5.34 2.14 1.49 -5.47 0.07 -7.15 -2.10
-3.31 -1.88 1.34 -0.49 0.35 0.00 0.38 0.23 0.58 3.14 0.00
0.00 9.25 -0.72 -0.87 -3.03 1.66 3.77 -3.53 -1.02 1.02 9.67
Net Cash Flow -0.40 0.37 -0.11 -0.11 2.66 3.81 5.64 -8.77 -0.37 -2.99 7.57

Ratios

Figures in Rs. Crores

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 62.81 62.04 71.25 201.12 507.83 266.15 171.19 184.21 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 62.81 62.04 71.25 201.12 507.83 266.15 171.19 184.21 0.00 0.00 0.00
Working Capital Days 119.69 404.96 1,443.75 10,398.78 14,441.30 5,322.92 1,847.61 3,977.48 36.14 305.90 314.75
ROCE % 22.77% 9.51% 5.31% 11.82% 1.79% 3.02% 5.26% 5.13% 7.17% 4.22% 3.60%

Shareholding Pattern

Numbers in percentages

Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021
61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87%
38.13% 38.13% 38.13% 38.13% 38.13% 38.13% 38.13% 38.13% 38.13% 38.13% 38.13% 38.13%
No. of Shareholders 509215204373737373737363636

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