Lakshmi Precision Screws Ltd
Incorporated in 1968, Lakshmi Precision Screws Ltd is a holding company engaged in the business of manufacturing and trading of high tensile fasteners.
- Market Cap ₹ 6.22 Cr.
- Current Price ₹ 5.69
- High / Low ₹ 7.42 / 3.70
- Stock P/E
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE 0.29 %
- ROE -84.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.24 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.82% over past five years.
- Company has a low return on equity of -29.2% over last 3 years.
- Contingent liabilities of Rs.11.5 Cr.
- Earnings include an other income of Rs.12.9 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: Castings, Forgings & Fastners Industry: Fasteners
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
190 | 220 | 227 | 244 | 255 | 351 | 386 | 363 | 393 | 425 | 372 | 257 | |
163 | 190 | 196 | 213 | 218 | 299 | 326 | 305 | 366 | 373 | 348 | 253 | |
Operating Profit | 27 | 30 | 32 | 31 | 38 | 52 | 60 | 58 | 27 | 53 | 24 | 4 |
OPM % | 14% | 14% | 14% | 13% | 15% | 15% | 15% | 16% | 7% | 12% | 6% | 2% |
1 | 3 | 4 | 4 | 2 | 4 | 1 | 3 | 1 | 2 | 2 | 13 | |
Interest | 7 | 9 | 12 | 16 | 15 | 19 | 26 | 32 | 37 | 38 | 39 | 41 |
Depreciation | 7 | 9 | 9 | 10 | 13 | 19 | 23 | 22 | 17 | 12 | 16 | 17 |
Profit before tax | 14 | 16 | 15 | 8 | 11 | 18 | 12 | 7 | -27 | 4 | -29 | -41 |
Tax % | 39% | 42% | 38% | 46% | 39% | 33% | 21% | 24% | 2% | 29% | 14% | 0% |
9 | 9 | 9 | 4 | 7 | 12 | 10 | 5 | -28 | 3 | -32 | -40 | |
EPS in Rs | 8.72 | 8.17 | 8.55 | 3.91 | 6.32 | 11.21 | 8.81 | 4.79 | -25.16 | 3.00 | -29.52 | -36.54 |
Dividend Payout % | 23% | 22% | 14% | 15% | 16% | 13% | 17% | 17% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | -8% |
3 Years: | -13% |
TTM: | -31% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -19% |
TTM: | -27% |
Stock Price CAGR | |
---|---|
10 Years: | -20% |
5 Years: | 16% |
3 Years: | 4% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | -5% |
5 Years: | -19% |
3 Years: | -29% |
Last Year: | -84% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 59 | 74 | 82 | 84 | 90 | 100 | 108 | 112 | 85 | 88 | 55 | 15 |
62 | 70 | 110 | 121 | 123 | 148 | 201 | 239 | 266 | 271 | 253 | 261 | |
60 | 65 | 73 | 76 | 97 | 134 | 119 | 100 | 138 | 181 | 169 | 176 | |
Total Liabilities | 191 | 220 | 275 | 291 | 321 | 394 | 439 | 462 | 500 | 550 | 488 | 462 |
37 | 49 | 57 | 67 | 64 | 95 | 106 | 93 | 88 | 90 | 150 | 144 | |
CWIP | 4 | 0 | 3 | 1 | 1 | 1 | 0 | 1 | 4 | 24 | 18 | 24 |
Investments | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
148 | 169 | 214 | 221 | 255 | 296 | 331 | 366 | 405 | 434 | 318 | 290 | |
Total Assets | 191 | 220 | 275 | 291 | 321 | 394 | 439 | 462 | 500 | 550 | 488 | 462 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 1 | -13 | 6 | 11 | 43 | 19 | 7 | 29 | 59 | 76 | 30 | |
-14 | -16 | -19 | -19 | -9 | -50 | -34 | -8 | -22 | -26 | -29 | 3 | |
4 | 10 | 38 | 9 | 0 | 7 | 14 | 3 | -10 | -33 | -46 | -35 | |
Net Cash Flow | -6 | -6 | 7 | -3 | 3 | -1 | -1 | 2 | -3 | -0 | 1 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 85 | 79 | 105 | 91 | 94 | 80 | 79 | 84 | 85 | 82 | 73 | 78 |
Inventory Days | 415 | 413 | 465 | 437 | 548 | 421 | 475 | 593 | 575 | 539 | 404 | 604 |
Days Payable | 200 | 190 | 209 | 186 | 245 | 218 | 171 | 129 | 131 | 167 | 146 | 168 |
Cash Conversion Cycle | 301 | 302 | 361 | 342 | 397 | 282 | 383 | 548 | 529 | 454 | 331 | 515 |
Working Capital Days | 162 | 165 | 212 | 211 | 213 | 140 | 170 | 229 | 229 | 206 | 133 | 140 |
ROCE % | 17% | 15% | 12% | 12% | 15% | 13% | 11% | 3% | 12% | 3% | 0% |
Documents
Announcements
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Compliance Certificate U/R 40(9)
30 Oct 2019 - Compliance Certificate U/R 40(9) for the half year ended 30.09.2019.
- Shareholding for the Period Ended September 30, 2019 22 Oct 2019
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Statement Of Investor Complaints For The Quarter Ended September 2019
22 Oct 2019 - No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter …
- Shareholding for the Period Ended June 30, 2019 20 Jul 2019
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Statement Of Investor Complaints For The Quarter Ended June 2019
18 Jul 2019 - No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter …
Annual reports
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Financial Year 2007
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Business Overview:[1]
Company manufactures and supplies fasteners for Automotive, Industrial and Torx Drive Systems, with a product range covering around 9000 variants and customized products for automotive and industrial OEMs as well.