Focus Lighting & Fixtures Ltd
Incorporated in 2005, Focus Lighting & Fixtures Limited is engaged in manufacturing and trading of innovative LED lights and fixtures. [1]
- Market Cap ₹ 981 Cr.
- Current Price ₹ 148
- High / Low ₹ 218 / 121
- Stock P/E 25.3
- Book Value ₹ 19.4
- Dividend Yield 0.20 %
- ROCE 39.2 %
- ROE 35.4 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 31.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.2%
Cons
- Stock is trading at 7.63 times its book value
- Tax rate seems low
- Debtor days have increased from 98.0 to 140 days.
- Promoter holding has decreased over last 3 years: -17.3%
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
78 | 92 | 121 | 99 | 60 | 105 | 168 | 224 | |
72 | 81 | 105 | 92 | 58 | 96 | 135 | 177 | |
Operating Profit | 6 | 11 | 16 | 8 | 2 | 9 | 33 | 46 |
OPM % | 8% | 12% | 13% | 8% | 3% | 9% | 20% | 21% |
1 | 0 | 1 | 1 | 1 | 1 | 1 | 6 | |
Interest | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 0 | 1 | 2 | 4 | 4 | 3 | 5 | 7 |
Profit before tax | 6 | 10 | 13 | 4 | -3 | 6 | 29 | 45 |
Tax % | 33% | 39% | 27% | 47% | 13% | 23% | 22% | 13% |
4 | 6 | 10 | 2 | -2 | 5 | 23 | 39 | |
EPS in Rs | 3.24 | 3.53 | 5.78 | 0.45 | -0.46 | 0.90 | 3.54 | 5.91 |
Dividend Payout % | 0% | 0% | 3% | 0% | 0% | 11% | 8% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 55% |
TTM: | 33% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 164% |
TTM: | 71% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 173% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 32% |
Last Year: | 35% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 3 | 3 | 10 | 10 | 10 | 13 | 13 |
Reserves | 9 | 18 | 28 | 23 | 21 | 25 | 77 | 115 |
0 | 2 | 3 | 4 | 5 | 3 | 3 | 13 | |
14 | 16 | 17 | 23 | 26 | 42 | 35 | 49 | |
Total Liabilities | 26 | 40 | 51 | 61 | 62 | 80 | 128 | 190 |
2 | 3 | 13 | 13 | 15 | 15 | 21 | 21 | |
CWIP | 0 | 4 | 1 | 0 | 1 | 1 | 2 | 19 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
24 | 33 | 37 | 47 | 46 | 64 | 105 | 144 | |
Total Assets | 26 | 40 | 51 | 61 | 62 | 80 | 128 | 190 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
0 | 2 | 6 | 3 | 3 | 6 | -14 | 6 | |
0 | -6 | -9 | -3 | -1 | -3 | -10 | -20 | |
0 | 5 | 0 | 0 | -1 | -3 | 31 | 9 | |
Net Cash Flow | 0 | 2 | -2 | -0 | 1 | -1 | 7 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 70 | 57 | 93 | 106 | 86 | 68 | 140 |
Inventory Days | 39 | 42 | 57 | 86 | 160 | 124 | 152 | 129 |
Days Payable | 70 | 66 | 56 | 94 | 148 | 136 | 68 | 94 |
Cash Conversion Cycle | 33 | 46 | 58 | 86 | 118 | 73 | 152 | 175 |
Working Capital Days | 38 | 46 | 58 | 84 | 126 | 80 | 118 | 152 |
ROCE % | 57% | 48% | 13% | -4% | 18% | 46% |
Documents
Announcements
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Trading Window
28 June 2024 - Focus Lighting and Fixtures Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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Trading Window-XBRL
28 June 2024 - Focus Lighting And Fixtures Limited has informed about Closure of Trading Window
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Analysts/Institutional Investor Meet/Con. Call Updates
1 June 2024 - Focus Lighting and Fixtures Limited has informed about Transcript of the Earnings Conference Call held in connection with the Audited Financial Results of the Company …
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Analysts/Institutional Investor Meet/Con. Call Updates
31 May 2024 - Focus Lighting and Fixtures Limited has informed about Presentation
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Analysts/Institutional Investor Meet/Con. Call Updates
31 May 2024 - Focus Lighting and Fixtures Limited has informed about Link of Recording
Annual reports
Concalls
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Jul 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptPPT
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Feb 2023Transcript PPT
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Dec 2022TranscriptNotesPPT
Products[1]
The Company offers a range of products for retail industry, office and home lighting, hospitality lighting, and lighting for infrastructure projects. It has a product range of cabinet lights, Dione Cove, EOS, Lightning systems, Pendant, Recessed, Semi-recessed, surface, track, and trimless. [2]