Likhitha Infrastructure Ltd
Incorporated in 1998, Likhitha Infrastructure
Ltd is engaged in the laying of gas pipe lines and development of allied infrastructure[1]
- Market Cap ₹ 1,533 Cr.
- Current Price ₹ 389
- High / Low ₹ 497 / 230
- Stock P/E 22.2
- Book Value ₹ 85.8
- Dividend Yield 0.39 %
- ROCE 32.5 %
- ROE 23.6 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 29.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
- Company's median sales growth is 20.3% of last 10 years
Cons
- Promoter holding has decreased over last 3 years: -4.08%
* 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: Infrastructure Developers & Operators Industry: Construction
Part of BSE Industrials BSE Allcap BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39 | 50 | 31 | 54 | 107 | 87 | 139 | 161 | 191 | 257 | 351 | 422 | 473 | |
| 36 | 45 | 29 | 48 | 94 | 76 | 110 | 131 | 151 | 196 | 274 | 329 | 374 | |
| Operating Profit | 4 | 5 | 3 | 6 | 13 | 11 | 29 | 30 | 39 | 61 | 77 | 93 | 100 |
| OPM % | 10% | 11% | 8% | 11% | 12% | 13% | 21% | 19% | 21% | 24% | 22% | 22% | 21% |
| 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 4 | 8 | 6 | 5 | |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 4 | 5 | 8 | 8 |
| Profit before tax | 4 | 6 | 3 | 5 | 12 | 11 | 25 | 27 | 38 | 60 | 79 | 90 | 96 |
| Tax % | 47% | 38% | 30% | 53% | 38% | 34% | 29% | 25% | 24% | 25% | 24% | 26% | |
| 2 | 4 | 2 | 3 | 8 | 7 | 18 | 20 | 29 | 45 | 60 | 66 | 69 | |
| EPS in Rs | 10.35 | 18.85 | 9.90 | 12.70 | 38.40 | 7.99 | 19.84 | 6.89 | 7.34 | 11.51 | 15.22 | 16.74 | 17.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 11% | 10% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 25% |
| 3 Years: | 30% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 30% |
| 3 Years: | 32% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| 1 Year: | 37% |
| Return on Equity | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 26% |
| 3 Years: | 25% |
| Last Year: | 24% |
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 | 1 | 1 | 1 | 1 | 1 | 4 | 4 | 15 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 8 | 12 | 14 | 16 | 24 | 28 | 46 | 55 | 134 | 172 | 230 | 290 | 319 |
| 1 | 0 | 1 | 0 | 4 | 14 | 10 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 14 | 18 | 11 | 14 | 21 | 21 | 25 | 30 | 15 | 23 | 44 | 40 | 44 | |
| Total Liabilities | 24 | 31 | 27 | 31 | 51 | 67 | 85 | 101 | 169 | 215 | 294 | 350 | 384 |
| 3 | 4 | 3 | 5 | 4 | 15 | 14 | 12 | 12 | 18 | 22 | 28 | 27 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 6 | 56 | 39 | 4 | 5 | 6 |
| 21 | 27 | 24 | 27 | 47 | 51 | 71 | 83 | 101 | 158 | 269 | 316 | 351 | |
| Total Assets | 24 | 31 | 27 | 31 | 51 | 67 | 85 | 101 | 169 | 215 | 294 | 350 | 384 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 4 | -3 | -1 | 3 | 18 | 1 | 5 | 45 | 7 | |
| 0 | 0 | 0 | -9 | -4 | -5 | -2 | -6 | -50 | 8 | -19 | 20 | |
| 0 | 0 | 0 | -1 | 4 | 9 | -3 | -4 | 53 | -7 | -3 | -7 | |
| Net Cash Flow | 0 | 0 | 0 | -6 | -4 | 3 | -2 | 8 | 4 | 5 | 23 | 19 |
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 | 4 | 45 | 87 | 48 | 104 | 118 | 42 | 37 | 74 | 96 | 74 | 66 |
| Inventory Days | 198 | 114 | 395 | 36 | 1 | 298 | 278 | 525 | 709 | 835 | ||
| Days Payable | 398 | 452 | 719 | 88 | 81 | 182 | 157 | 107 | 289 | 174 | ||
| Cash Conversion Cycle | -196 | -292 | -237 | -4 | 24 | 118 | 158 | 158 | 74 | 514 | 493 | 727 |
| Working Capital Days | -52 | -45 | 33 | -7 | 36 | 47 | 78 | 82 | 125 | 144 | 129 | 157 |
| ROCE % | 41% | 55% | 20% | 36% | 55% | 32% | 51% | 43% | 35% | 35% | 36% | 33% |
Documents
Announcements
-
Clarification On Volume Movement
6 Dec - Clarification on significant increase in trading volume.
-
Clarification On Price Movement
6 Dec - Clarification on recent price movement of shares.
-
Clarification sought from Likhitha Infrastructure Ltd
6 Dec - Exchange has sought clarification from Likhitha Infrastructure Ltd on December 6, 2024, with reference to Movement in Volume.
-
Clarification On Price Movement
5 Dec - Clarification on recent price movement of shares.
-
Investor Presentation For The Second Quarter And Half Year Ended September 30, 2024.
16 Nov - Investor presentation for Q2 and H1 FY25.
Business Overview:[1][2][3]
LIL is an ISO 9001:2015 certified company which is in the business of laying oil & gas supply pipe lines infrastructure and irrigation canals, constructing associated facilities, building bridges over the canals and provide maintenance works service to oil and gas companies throughout India. Company operates in 19 states and 2 union territories. At present, company has laid around 1000+ Km of Oil and Gas pipelines including steel and Medium-Density Polyethylene (MDPE) networks and 1500 km of Oil & Gas pipelines for ongoing projects