IKIO Lighting Ltd
Incorporated in 2016, IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) lighting solutions.[1]
- Market Cap ₹ 2,345 Cr.
- Current Price ₹ 303
- High / Low ₹ 438 / 245
- Stock P/E 81.8
- Book Value ₹ 62.1
- Dividend Yield 0.33 %
- ROCE 14.6 %
- ROE 9.87 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Earnings include an other income of Rs.19.2 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
141 | 160 | 220 | 241 | 241 | |
114 | 129 | 180 | 202 | 212 | |
Operating Profit | 26 | 30 | 40 | 39 | 29 |
OPM % | 19% | 19% | 18% | 16% | 12% |
0 | 0 | 1 | 3 | 19 | |
Interest | 2 | 1 | 1 | 6 | 6 |
Depreciation | 2 | 2 | 2 | 3 | 3 |
Profit before tax | 22 | 28 | 38 | 33 | 39 |
Tax % | 28% | 26% | 26% | 25% | 27% |
16 | 21 | 28 | 25 | 29 | |
EPS in Rs | 3,198.00 | 4,116.00 | 11.20 | 3.79 | 3.71 |
Dividend Payout % | 0% | 0% | 0% | 0% | 27% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 0 | 0 | 25 | 65 | 77 |
Reserves | 28 | 48 | 51 | 36 | 403 |
8 | 5 | 16 | 25 | 10 | |
16 | 21 | 20 | 24 | 19 | |
Total Liabilities | 51 | 74 | 113 | 150 | 509 |
15 | 15 | 17 | 18 | 17 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 13 | 127 |
36 | 59 | 95 | 119 | 364 | |
Total Assets | 51 | 74 | 113 | 150 | 509 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
13 | -0 | -5 | 53 | -7 | |
-4 | -3 | -5 | -56 | -314 | |
-5 | -3 | 10 | 3 | 329 | |
Net Cash Flow | 5 | -6 | 0 | -1 | 9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 12 | 36 | 43 | 25 | 33 |
Inventory Days | 66 | 109 | 141 | 92 | 99 |
Days Payable | 54 | 60 | 35 | 38 | 28 |
Cash Conversion Cycle | 24 | 84 | 149 | 79 | 104 |
Working Capital Days | 36 | 85 | 123 | 123 | 138 |
ROCE % | 64% | 53% | 35% | 15% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2024
- Closure of Trading Window 26 Jun
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
24 Jun - Resignation of CFO Mr. Subhash Chand Agrawal w.e.f 30th June 2024 (Along with Resignation Letter and reason of resignation)
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Plant Visit - Outcome 19 Jun
-
Announcement under Regulation 30 (LODR)-Credit Rating
15 Jun - Regarding Credit Rating under Regulation 30 of SEBI (LODR) Regulations, 2015
Concalls
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT REC
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
Product Portfolio[1]
<h1>IKIO Group caters to the distributor of USA’s</h1>1 LED Lights : High-End Home Decorative LED Lights, Indoor and Outdoor Lights, LED Lights for RVs.
2 Product Display Lighting : Interior LED Lights for product display including Commercial Refrigeration (CR)
3 Energy Solutions & Others : Solar Panels for RVs, ABS Pipes for RVs, IPS Stabilisers for CR, Rotary Switches, Fan Regulators & Assembly, Lithium Battery and USB Chargers.
The company has ~1000+ SKUs.
largest RV player (Forest River) and is well-placed to capture further wallet share by Expanding Product Offerings.[2]