Lakshmi Precision Screws Ltd

Lakshmi Precision Screws Ltd

₹ 5.69 4.40%
22 Nov - close price
About

Incorporated in 1968, Lakshmi Precision Screws Ltd is a holding company engaged in the business of manufacturing and trading of high tensile fasteners.

Key Points

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.

  • 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2005 Jun 2005 Sep 2005 Dec 2005 Mar 2006 Jun 2006 Sep 2006 Jun 2007
42.03 40.74 46.84 50.74 54.76 50.17 56.02 53.33
36.83 35.14 40.92 44.08 46.43 43.05 48.20 45.59
Operating Profit 5.20 5.60 5.92 6.66 8.33 7.12 7.82 7.74
OPM % 12.37% 13.75% 12.64% 13.13% 15.21% 14.19% 13.96% 14.51%
0.35 0.20 0.21 0.28 0.60 0.35 0.09 0.29
Interest 1.83 1.78 1.90 1.85 1.74 1.92 2.27 2.89
Depreciation 1.32 1.49 1.55 1.68 1.86 1.91 2.24 2.26
Profit before tax 2.40 2.53 2.68 3.41 5.33 3.64 3.40 2.88
Tax % 56.67% 31.62% 38.43% 42.23% 27.58% 35.71% 27.94% 31.25%
1.04 1.73 1.53 1.81 3.69 2.25 2.38 1.93
EPS in Rs 1.52 1.80 3.67 2.24 2.37 1.76
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019
63.16% 63.16% 63.16% 63.16% 63.16% 62.94% 62.85% 62.85% 62.85% 62.85% 62.85% 62.85%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
36.80% 36.80% 36.80% 36.80% 36.80% 37.03% 37.11% 37.11% 37.11% 37.11% 37.11% 37.11%
No. of Shareholders 6,6436,6656,6346,5336,5136,5176,3946,4926,4766,4366,4006,382

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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