Lux Industries Ltd
Lux Industries Limited was incorporated in 1995 having a market share of 15% of the organised industry. It is the largest mid-segment hosiery enterprise in India.Company is engaged in the manufacturing and marketing of innerwear, thermals, and casuals under various brands, with ‘LUX’ being its flagship brand. [1]
- Market Cap ₹ 5,257 Cr.
- Current Price ₹ 1,745
- High / Low ₹ 2,493 / 1,072
- Stock P/E 33.0
- Book Value ₹ 549
- Dividend Yield 0.12 %
- ROCE 11.0 %
- ROE 8.22 %
- Face Value ₹ 2.00
Pros
Cons
- Dividend payout has been low at 8.97% of profits over last 3 years
* 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: Textiles Industry: Textiles - Composite
Part of BSE Allcap BSE Consumer Discretionary BSE SmallCap Nifty Total Market Nifty Microcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
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1,078 | 1,207 | 1,668 | 1,953 | 2,296 | 2,382 | 2,324 | 2,372 | |
923 | 1,029 | 1,398 | 1,570 | 1,823 | 2,166 | 2,131 | 2,153 | |
Operating Profit | 154 | 178 | 269 | 382 | 473 | 215 | 193 | 219 |
OPM % | 14% | 15% | 16% | 20% | 21% | 9% | 8% | 9% |
2 | 9 | 6 | 10 | 17 | 18 | 21 | 36 | |
Interest | 25 | 24 | 21 | 13 | 16 | 24 | 20 | 19 |
Depreciation | 10 | 11 | 15 | 18 | 18 | 20 | 22 | 21 |
Profit before tax | 121 | 152 | 239 | 362 | 456 | 189 | 172 | 215 |
Tax % | 36% | 35% | 26% | 26% | 26% | 27% | 27% | |
78 | 99 | 177 | 269 | 338 | 137 | 126 | 160 | |
EPS in Rs | 30.84 | 39.12 | 70.35 | 107.47 | 112.95 | 47.23 | 43.07 | 53.51 |
Dividend Payout % | 7% | 9% | 19% | 0% | 11% | 11% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 6% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | -23% |
TTM: | 63% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | -26% |
1 Year: | 26% |
Return on Equity | |
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10 Years: | % |
5 Years: | 19% |
3 Years: | 15% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 |
Reserves | 313 | 406 | 734 | 999 | 1,303 | 1,446 | 1,560 | 1,644 |
329 | 181 | 237 | 137 | 350 | 268 | 211 | 244 | |
224 | 209 | 274 | 349 | 353 | 399 | 412 | 458 | |
Total Liabilities | 872 | 802 | 1,250 | 1,492 | 2,012 | 2,119 | 2,189 | 2,352 |
126 | 132 | 162 | 199 | 236 | 288 | 343 | 348 | |
CWIP | 5 | 0 | 1 | 9 | 34 | 50 | 3 | 5 |
Investments | 1 | 5 | 39 | 75 | 62 | 103 | 206 | 287 |
740 | 664 | 1,049 | 1,208 | 1,681 | 1,678 | 1,637 | 1,712 | |
Total Assets | 872 | 802 | 1,250 | 1,492 | 2,012 | 2,119 | 2,189 | 2,352 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-2 | 190 | 153 | 389 | -228 | 181 | 240 | |
-19 | -12 | -18 | -177 | 44 | -88 | -124 | |
16 | -178 | -130 | -133 | 152 | -118 | -91 | |
Net Cash Flow | -5 | -0 | 4 | 79 | -32 | -25 | 24 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 132 | 111 | 97 | 86 | 103 | 123 | 114 |
Inventory Days | 328 | 200 | 382 | 276 | 501 | 247 | 288 |
Days Payable | 207 | 129 | 157 | 162 | 174 | 118 | 150 |
Cash Conversion Cycle | 253 | 182 | 322 | 200 | 430 | 252 | 251 |
Working Capital Days | 173 | 138 | 169 | 125 | 197 | 190 | 181 |
ROCE % | 28% | 33% | 36% | 34% | 13% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
13 Nov - Investor presentation of Lux Industries Limited submitted.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Newspaper publication for publication of Unaudited Financial Results for half year ended 30/09/2024.
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Announcement under Regulation 30 (LODR)-Change in Management
13 Nov - Appointment of new General Manager-Finance and resignation of AVP.
- Approval Of Unaudited Standalone & Consolidated Financial Results For The Half Year And Quarter Ended September 30, 2024 12 Nov
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Board Meeting Outcome for Board Meeting Outcome Held On 12 November Inter Alia To Approve Unaudited Financial Statement For Half Year Ended, 30 September 2024
12 Nov - Approved unaudited financial results and management appointments.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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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 2012
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Concalls
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Nov 2024TranscriptNotesPPT
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Dec 2019TranscriptNotesPPT
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Dec 2017Transcript PPT
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Sep 2017TranscriptNotesPPT
High Marketing Spends
Company has invested a sizable amount in last seven years for brand building amounting to ~Rs.900 Cr. On a average Company spent 8% of revenues on branding.Salman Khan, Sourav
Ganguly, Jacqueline Fernandez, Vijay Deverakonda, Varun Dhawan, Boman Irani, Janhvi Kapoor are their brand endorsers. Company even sposored KKR team in IPL.[1]