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 ₹ 4,481 Cr.
- Current Price ₹ 1,490
- High / Low ₹ 1,721 / 1,072
- Stock P/E 35.7
- Book Value ₹ 521
- Dividend Yield 0.34 %
- ROCE 11.1 %
- ROE 8.32 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Dividend payout has been low at 7.36% 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 | |
---|---|---|---|---|---|---|---|
1,078 | 1,207 | 1,668 | 1,953 | 2,296 | 2,379 | 2,324 | |
923 | 1,029 | 1,398 | 1,570 | 1,823 | 2,163 | 2,131 | |
Operating Profit | 154 | 178 | 269 | 382 | 473 | 215 | 193 |
OPM % | 14% | 15% | 16% | 20% | 21% | 9% | 8% |
2 | 9 | 6 | 10 | 17 | 18 | 21 | |
Interest | 25 | 24 | 21 | 13 | 16 | 24 | 20 |
Depreciation | 10 | 11 | 15 | 18 | 18 | 20 | 22 |
Profit before tax | 121 | 152 | 239 | 362 | 456 | 189 | 172 |
Tax % | 36% | 35% | 26% | 26% | 26% | 27% | 27% |
78 | 99 | 177 | 269 | 338 | 137 | 126 | |
EPS in Rs | 30.84 | 39.12 | 70.35 | 107.47 | 112.95 | 47.23 | 43.07 |
Dividend Payout % | 7% | 9% | 19% | 0% | 11% | 11% | 0% |
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: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | -26% |
1 Year: | -1% |
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 |
Preference Capital | 0 | 0 | 0 | 2 | 2 | 2 | |
329 | 181 | 237 | 135 | 348 | 266 | 211 | |
224 | 209 | 274 | 351 | 355 | 401 | 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 | 217 |
Days Payable | 207 | 129 | 157 | 162 | 174 | 118 | 113 |
Cash Conversion Cycle | 253 | 182 | 322 | 200 | 430 | 252 | 217 |
Working Capital Days | 173 | 138 | 169 | 125 | 197 | 190 | 213 |
ROCE % | 28% | 33% | 36% | 34% | 13% |
Documents
Announcements
- Closure of Trading Window 27 Jun
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 24 Jun
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 24 Jun
- Announcement under Regulation 30 (LODR)-Investor Presentation 4 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Newspaper Publication of Audited Financial Results of the Company for the quarter and year ended 31.03.2024
Annual reports
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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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Jun 2024TranscriptNotesPPT
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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]