IKIO Lighting Ltd
Incorporated in 2016, IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) lighting solutions.[1]
- Market Cap ₹ 2,330 Cr.
- Current Price ₹ 302
- High / Low ₹ 438 / 245
- Stock P/E 38.5
- Book Value ₹ 71.5
- Dividend Yield 0.34 %
- ROCE 21.6 %
- ROE 17.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.8%
Cons
* 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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
220 | 213 | 332 | 359 | 438 | |
182 | 165 | 254 | 281 | 345 | |
Operating Profit | 38 | 48 | 77 | 78 | 93 |
OPM % | 17% | 23% | 23% | 22% | 21% |
2 | 1 | 2 | 3 | 15 | |
Interest | 5 | 4 | 5 | 9 | 12 |
Depreciation | 4 | 5 | 5 | 6 | 12 |
Profit before tax | 30 | 40 | 69 | 66 | 85 |
Tax % | 29% | 28% | 27% | 24% | 28% |
21 | 29 | 51 | 50 | 61 | |
EPS in Rs | 4,282.00 | 5,762.00 | 20.21 | 7.70 | 7.84 |
Dividend Payout % | 0% | 0% | 0% | 0% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 27% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 28% |
TTM: | 21% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 0 | 0 | 25 | 65 | 77 |
Reserves | 36 | 63 | 84 | 77 | 476 |
57 | 79 | 116 | 123 | 70 | |
52 | 32 | 40 | 46 | 35 | |
Total Liabilities | 145 | 174 | 265 | 311 | 658 |
54 | 59 | 60 | 65 | 106 | |
CWIP | 1 | 4 | 9 | 27 | 72 |
Investments | 0 | 0 | 0 | 0 | 0 |
90 | 112 | 195 | 219 | 480 | |
Total Assets | 145 | 174 | 265 | 311 | 658 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
23 | -9 | -15 | 57 | -5 | |
3 | -6 | -9 | -47 | -249 | |
-21 | 10 | 24 | -8 | 266 | |
Net Cash Flow | 5 | -4 | -1 | 2 | 12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 49 | 56 | 61 | 74 | 81 |
Inventory Days | 97 | 175 | 208 | 191 | 191 |
Days Payable | 85 | 70 | 44 | 38 | 30 |
Cash Conversion Cycle | 62 | 161 | 226 | 227 | 241 |
Working Capital Days | 48 | 127 | 162 | 170 | 195 |
ROCE % | 38% | 41% | 31% |
Documents
Announcements
- Closure of Trading Window 26 Jun
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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
- General-Updates Of Information Under Regulation 7(2) Read With Regulation 6(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015 7 Jun
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]