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 ₹ 5,694 Cr.
- Current Price ₹ 1,893
- High / Low ₹ 2,493 / 1,072
- Stock P/E 39.6
- Book Value ₹ 521
- Dividend Yield 0.11 %
- ROCE 11.0 %
- ROE 8.22 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
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
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 | |
---|---|---|---|---|---|---|---|---|
1,078 | 1,207 | 1,668 | 1,953 | 2,296 | 2,382 | 2,324 | 2,334 | |
923 | 1,029 | 1,398 | 1,570 | 1,823 | 2,166 | 2,131 | 2,124 | |
Operating Profit | 154 | 178 | 269 | 382 | 473 | 215 | 193 | 210 |
OPM % | 14% | 15% | 16% | 20% | 21% | 9% | 8% | 9% |
2 | 9 | 6 | 10 | 17 | 18 | 21 | 26 | |
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 | 196 |
Tax % | 36% | 35% | 26% | 26% | 26% | 27% | 27% | |
78 | 99 | 177 | 269 | 338 | 137 | 126 | 144 | |
EPS in Rs | 30.84 | 39.12 | 70.35 | 107.47 | 112.95 | 47.23 | 43.07 | 48.82 |
Dividend Payout % | 7% | 9% | 19% | 0% | 11% | 11% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 6% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | -23% |
TTM: | 40% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | -21% |
1 Year: | 36% |
Return on Equity | |
---|---|
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 | |
---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
Reserves | 313 | 406 | 734 | 999 | 1,303 | 1,446 | 1,560 |
329 | 181 | 237 | 137 | 350 | 268 | 211 | |
224 | 209 | 274 | 349 | 353 | 399 | 412 | |
Total Liabilities | 872 | 802 | 1,250 | 1,492 | 2,012 | 2,119 | 2,189 |
126 | 132 | 162 | 199 | 236 | 288 | 343 | |
CWIP | 5 | 0 | 1 | 9 | 34 | 50 | 3 |
Investments | 1 | 5 | 39 | 75 | 62 | 103 | 206 |
740 | 664 | 1,049 | 1,208 | 1,681 | 1,678 | 1,637 | |
Total Assets | 872 | 802 | 1,250 | 1,492 | 2,012 | 2,119 | 2,189 |
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)-Change in Management
7h - Resignation of Mr. Debraj S. Roy, Head-HR.
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Board Meeting Intimation for Consider, Approve And Take On Record Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended On 30" September, 2024.
25 Oct - Board meeting scheduled to approve financial results.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Oct - Certificate under Regulation 74(5) for Q3 2024.
- Disclosure Of Voting Result Of 29Th AGM Of The Company As per Regulation 44 Of SEBI (LODR) Regulations, 2015 27 Sep
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Sep
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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Aug 2024TranscriptNotesPPT
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Aug 2022Transcript PPT
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Dec 2019TranscriptNotesPPT
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Nov 2019Transcript PPT
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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]