Linc Ltd

Linc Ltd

₹ 614 1.69%
22 Nov - close price
About

Incorporated in 1976, LINC Ltd manufactures and sells Writing instruments and stationeries[1]

Key Points

Business Overview:[1]
Linc is India’s largest & oldest writing instrument manufacturers with an assortment of ball pens, gel pens, roller pens, retractable ball pens, dark pencils and other stationery.

  • Market Cap 913 Cr.
  • Current Price 614
  • High / Low 768 / 463
  • Stock P/E 25.2
  • Book Value 143
  • Dividend Yield 0.81 %
  • ROCE 23.7 %
  • ROE 17.8 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 47.2% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 24.9%

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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
93.95 95.33 110.55 97.94 126.98 124.55 137.29 111.88 131.22 120.34 138.46 127.75 134.64
86.34 88.61 104.71 89.94 111.41 106.37 117.67 98.73 118.63 106.84 121.88 113.75 118.72
Operating Profit 7.61 6.72 5.84 8.00 15.57 18.18 19.62 13.15 12.59 13.50 16.58 14.00 15.92
OPM % 8.10% 7.05% 5.28% 8.17% 12.26% 14.60% 14.29% 11.75% 9.59% 11.22% 11.97% 10.96% 11.82%
0.44 0.42 1.61 1.32 0.84 0.41 0.91 1.34 1.93 0.67 2.82 1.38 0.02
Interest 0.15 0.08 0.20 0.11 0.10 0.15 0.29 0.72 0.46 0.44 0.47 0.42 0.42
Depreciation 3.10 3.37 3.27 3.28 3.64 3.54 3.65 3.73 3.79 3.60 3.66 3.71 3.71
Profit before tax 4.80 3.69 3.98 5.93 12.67 14.90 16.59 10.04 10.27 10.13 15.27 11.25 11.81
Tax % 25.42% 24.66% 24.87% 26.14% 24.55% 25.30% 25.68% 26.49% 24.93% 25.37% 25.08% 25.69% 25.74%
3.58 2.79 2.99 4.38 9.56 11.13 12.33 7.39 7.71 7.57 11.45 8.37 8.78
EPS in Rs 2.41 1.88 2.01 2.95 6.43 7.48 8.29 4.97 5.18 5.09 7.70 5.63 5.90
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
299 305 308 331 344 327 363 393 257 355 487 502 521
285 282 283 300 311 301 338 354 246 333 425 446 461
Operating Profit 14 22 25 31 34 26 25 38 10 22 62 56 60
OPM % 5% 7% 8% 9% 10% 8% 7% 10% 4% 6% 13% 11% 12%
0 -0 0 1 0 1 2 3 1 3 3 7 5
Interest 2 2 1 2 2 5 6 5 3 1 1 2 2
Depreciation 4 5 6 6 8 10 10 13 13 13 14 15 15
Profit before tax 7 15 18 25 24 12 11 23 -4 11 50 46 48
Tax % 23% 22% 21% 26% 28% 37% 53% 17% -101% 25% 25% 25%
5 12 14 18 17 8 5 19 0 8 37 34 36
EPS in Rs 3.66 7.78 9.68 12.39 11.67 5.30 3.48 12.94 0.03 5.47 25.15 22.94 24.32
Dividend Payout % 41% 26% 26% 24% 26% 28% 43% 12% 0% 33% 20% 22%
Compounded Sales Growth
10 Years: 5%
5 Years: 7%
3 Years: 25%
TTM: 3%
Compounded Profit Growth
10 Years: 11%
5 Years: 47%
3 Years: 685%
TTM: -6%
Stock Price CAGR
10 Years: 13%
5 Years: 25%
3 Years: 38%
1 Year: -13%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 16%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 15 15 15 15 15 15 15 15 15 15 15 15 15
Reserves 56 64 73 86 104 106 106 122 120 128 162 188 197
32 34 18 31 51 66 62 47 9 3 1 19 19
46 44 42 53 41 51 50 61 57 55 59 75 83
Total Liabilities 148 156 148 185 210 237 232 245 200 202 237 296 314
29 33 30 42 47 67 75 76 68 81 89 111 110
CWIP 0 0 0 2 11 0 1 3 3 1 1 9 12
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
118 123 117 142 152 170 157 167 129 119 147 176 192
Total Assets 148 156 148 185 210 237 232 245 200 202 237 296 314

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 11 25 10 9 13 33 38 47 20 43 38
-5 -9 -4 -18 -22 -18 -17 -14 -4 -14 -29 -23
5 -2 -20 7 13 5 -17 -25 -43 -6 -7 -10
Net Cash Flow 0 -0 1 -1 -0 0 -0 0 0 -0 8 5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 54 50 48 53 42 51 43 40 51 35 29 37
Inventory Days 112 119 110 129 124 130 101 122 132 99 98 110
Days Payable 46 41 37 48 31 46 37 62 81 62 49 68
Cash Conversion Cycle 119 127 121 133 135 135 107 101 102 73 78 80
Working Capital Days 87 91 82 92 102 115 95 86 90 65 55 61
ROCE % 10% 16% 18% 22% 17% 9% 9% 16% -1% 8% 31% 24%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
59.02% 58.70% 58.70% 58.70% 58.83% 59.25% 59.28% 59.28% 59.44% 59.46% 59.50% 59.43%
0.03% 0.06% 0.06% 0.07% 0.14% 0.25% 0.94% 1.43% 1.42% 1.27% 1.04% 1.10%
0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.38% 0.38% 0.38% 0.38% 0.00%
40.95% 41.24% 41.24% 41.23% 41.04% 40.49% 39.78% 38.92% 38.76% 38.88% 39.09% 39.46%
No. of Shareholders 5,6685,7755,8065,7865,9876,0397,5228,3909,69410,87311,28011,479

* 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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