MoneyWorks4Me

Laser Power & Infra Ltd (LASERPOWER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544822 NSE: LASERPOWER Cable | Small Cap | Laser Power & Infra Share Price

₹287.50 12.50 (4.55%)

As on 23-Sep'26 11:44

Laser Power & Infra Ltd (LASERPOWER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544822 NSE: LASERPOWER Cable | Small Cap | Laser Power & Infra Share Price

₹287.50 12.50 (4.55%)

As on 23-Sep'26 11:44

Key Metrics
Valuation Multiples
Market Cap
₹3,860 Cr.
Current Price
₹287.5
52-Week Low / High
₹250 / 344
TTM EPS
₹10.8
TTM Sales
₹2,326 Cr.
Book Value per Share
₹91.8
P/E Ratio
25.46
Industry PE
54.3
Price to Book (P/B)
3.00
Price to Sales (P/S)
1.66
EV/EBITDA
14.01
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
23.32%
Outperforms industry median
Return on Capital Employed (ROCE)
24.84%
Outperforms industry median
Return on Assets (ROA)
6.15%
Operating Profit Margin
12.7%
Net Profit Margin
6.52%
Gross Profit Margin
8.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
50.72%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
19.03%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
42%
Asset Quality
Promoter Holding
75.30%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,218 Cr.
Equity
₹70.2 Cr.
Face Value
₹5
All Time Low / High
₹250.00 / 343.70

Laser Power & Infra stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Laser Power & Infra Ltd a good quality company?
Laser Power & Infra Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Laser Power & Infra Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Laser Power & Infra Ltd vs industry peers?
Laser Power & Infra Ltd revenue CAGR is 16.54%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Laser Power & Infra Ltd?
Promoters hold 75.30% of the Laser Power & Infra Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Laser Power & Infra Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Laser Power & Infra Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 23%27.2%26%41.1%44%27.4%19%15.1%18%23.6%-
Value Creation
Index
NA0.90.91.92.11.00.40.10.30.7-

Growth Parameters

Sales 2683956501,2111,0828389121,2311,6182,4382,438
Sales YoY Gr.-47%64.8%86.2%-10.7%-22.6%8.8%35%31.4%50.7%-
Adj EPS 0.40.61.12.24.518.63.823.28.47.2
YoY Gr.-63.9%86.4%102.7%100.9%314.7%-79.3%-47.7%56.7%166.7%-
BVPS (₹) 3.445.17.311.879.726.928.844.352.987.1
Adj Net
Profit
7.612.523.24794.46144.223.136.396.7100
Cash Flow from Ops. 6.720.4-18.567.222.429.78.413917248.9-
Debt/CF from Ops. 6.43.7-7.92.410.29.537.62.52.19.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 27.8%17.7%38.8%50.7%
Adj EPS 41.9%13.4%29.8%166.7%
BVPS35.6%35%25.3%19.3%
Share Price - - - -

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
11.21624.235.946.823.915.57.28.617.310.2
Op. Profit
Mgn %
9.210.28.410.2171812.28.69.29.612.1
Net Profit
Mgn %
2.83.23.63.98.77.34.91.92.244.1
Debt to
Equity
0.60.91.410.91.1110.70.8-
Working Cap
Days
1421571491161743353072362712430
Cash Conv.
Cycle
52493612181916796111960

Valuation of Laser Power & Infra - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'22Mar'23Mar'24Mar'25Mar'26
Sales2683956501,2111,0821,0791,3141,7482,5702,326
Operating Expenses + 2443545961,0878989541,2101,5922,3212,030
Manufacturing Costs10122435288892195286246
Material Costs2042844608566627911,0331,2861,9011,654
Employee Cost 8173451583234465271
Other Costs 2141781441504352648259
Operating Profit 254055124184125104156249296
Operating Profit Margin (%) 9.2%10.2%8.4%10.2%17.0%11.6%7.9%8.9%9.7%12.7%
Other Income + 216464818162427
Exceptional Items 00000000033
Interest 1117184450476891103133
Depreciation 44711167619273229
Profit Before Tax 12203573124503554138194
Tax 481226301311143142
Profit After Tax 812234794372340107152
PAT Margin (%) 2.9%3.2%3.6%3.9%8.7%3.4%1.8%2.3%4.2%6.5%
Adjusted EPS (₹)0.40.61.12.24.51.42.03.59.013.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 7285108155250273293473575725
Share Capital 66666366658
Reserves 6679103150244270287467568668
Debt +4176146160216313363377473794
Long Term Debt1014404966617673121112
Short Term Debt3162106111150252286304352682
Minority Interest000001661661671700
Trade Payables46121199331298295435595761783
Others Liabilities 931324778156227363295356
Total Liabilities 1683124876948421,2021,4841,9752,2742,658

Fixed Assets

Net Fixed Assets +18333873101107160192176214
Gross Block385668114153136211270276327
Accumulated Depreciation1923294052295178100113
CWIP 6220215263628
Investments 9788423432
Inventories47688610158235352569511564
Trade Receivables561552784346036866027871,1201,375
Cash Equivalents 102943656781136172120160
Others Assets 23171311987230245307316
Total Assets 1683124876948421,2021,4841,9752,2742,658
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 720-196722-5611917160-119
PBT 12203573124503554138194
Adjustment 101517445511881108125114
Changes in Working Capital -8-10-65-26-136-2061332-181-413
Tax Paid -6-4-5-24-21-17-9-23-21-13
Cash Flow From Investing Activity + -10-31-38-46-35-2-78-65-61-71
Capex -10-15-27-28-43-17-33-35-18-52
Net Investments 0000010-53-40-23-40
Others -0-16-11-198599-2021
Cash Flow From Financing Activity + 12407011359-39-1095213
Net Proceeds from Shares 00000640000
Net Proceeds from Borrowing 000017-215-448-1
Interest Paid -8-12-16-37-45-47-68-91-101-133
Dividend Paid 0000000000
Others 20518538414413-1457347
Net Cash Flow 8291322012-4424
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)10.7515.923.9935.6446.6114.28.1910.5420.3723.32
ROCE (%)20.1427.225.884143.9118.0316.2818.8924.7524.84
Asset Turnover Ratio1.761.771.92.471.661.180.981.011.210.94
PAT to CFO Conversion(x)0.881.67-0.831.430.23-1.515.174.280.56-0.78
Working Capital Days
Receivable Days68.9090.60104.2089.20148.30195.10178.60144.80135.20195.70
Inventory Days57.7049.403723.4022.7044.3081.409676.5084.30
Payable Days82.40107126.90113.10173.50136.80128.90146.10130.10170.30

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Laser Power & Infra Ltd FAQs

The current trading price of Laser Power & Infra on 23-Sep-2026 11:44 is ₹287.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Sep-2026 the market cap of Laser Power & Infra stood at ₹3,860.1 Cr

The latest P/E ratio of Laser Power & Infra as of 22-Sep-2026 is 38.40.

The latest P/B ratio of Laser Power & Infra as of 22-Sep-2026 is 3.16.

The 52-week high of Laser Power & Infra is ₹343.7 and the 52-week low is ₹250.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Laser Power & Infra is ₹2,438 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Laser Power & Infra Ltd is a good quality company.

The key valuation ratios of Laser Power & Infra Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Laser Power & Infra Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Laser Power & Infra Ltd

Laser Power & Infra was originally incorporated as ‘Laser Cables Private Limited’ at Kolkata, West Bengal, as a private limited company on January 7, 1988. Subsequently, pursuant to a resolution dated December 7, 2015 and January 28, 2016 passed by the Board and the Shareholders, respectively, the name of the company was changed from ‘Laser Cables Private Limited’ to ‘Laser Power & Infra Private Limited’ on February 3, 2016. Thereafter, pursuant to a board resolution dated August 28, 2025 and a special resolution passed by the shareholders dated September 1, 2025, the company was converted from a private company to a public limited company and the name of the company was changed to ‘Laser Power & Infra Limited’ on September 8, 2025.

The company is an integrated manufacturer of power cables, conductors and other specialised products and components to the power transmission and distribution industry in India. It operates two key business segments namely manufacturing and EPC (engineering, procurement, and construction). Its manufacturing segment consists of three key product categories -- power and control cables, speciality products, and conductors. In the power and control cables category, it manufactures low voltage (LV) and medium voltage (MV) power cables, aerial bunched cables (ABC), control and quad cables. These products are deployed across diverse applications including power distribution networks, substations, communication systems, machine tools, and railway signalling and electrification.

Its speciality products division supports backward integration through the in-house production of aluminium rods, aluminium alloy rods, and PVC compounds used in cable insulation and manufacture of speciality cables. Speciality products are one of the key product categories in its manufacturing segment as these are customized and specially engineered electrical cables, designed to perform in unique, demanding, or harsh environments. Its conductor segment offers a comprehensive range of products range including Aluminium Conductor Steel Reinforced (ACSR), All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), AL-59, Aluminium Conductor steel support (ACSS), eco-conductors and MV overhead covered conductors (MVCC), which play a vital role in the power transmission and distribution of electricity over long distances.

Further, the company has expanded its business by entering the EPC segment in power distribution sector, focusing on rural electrification projects, power distribution infrastructure development, and installation of substations, among other turnkey solutions. Its EPC offerings include complete design, supply, erection, testing and commissioning of high tension (HT) and low tension (LT) overhead lines, substations, distribution transformers and switchgear, aerial bunched cabling and underground cabling, feeder segregation and system strengthening and household electrification and last-mile connectivity. 

Business area of the company 

The company is primarily engaged in the manufacture of cables and conductors. It is also engaged in EPC related to power Infrastructure Projects.

Products and services of the company

Power and control cables

  • Low Tension Power Cables (LT cables) (armoured and unarmoured)
  • Hight Tension Power Cables (HT cables)
  • LT control cable (armoured and unarmoured)
  • LT aerial bunched (AB) cable (with bare / insulated messenger)
  • HT aerial bunched (AB) cable (with bare / insulated messenger)
  • Railway signaling cable
  • Concentric communication cables
  • Telecommunication quad cables
  • Service cables IS: 694
  • LT and HT single core (armoured and unarmoured)

Speciality products

  • Aluminium alloy wire rods

Conductors

  • Covered conductors
  • Aluminium conductors
  • ACSR/AAAC/AAC conductors
  • Insulated conductor
  • Medium Voltage Covered Conductor (MVCC Conductor)
  • AL-59 All Alloy Aluminum Conductor (AAAC Conductor)
  • Eco conductors
  • AECC / HTLS (/TW) conductors
  • Aluminium conductor steel supported (ACSS) (/TW) conductor
  • Gap-type (GTACSR / GZTACSR) HTLS conductor

EPC Services

  • Power distribution
  • Setting up of substations
  • Water distribution line
  • Solar EPC

Awards, accreditations and recognition 

  • 2018: Received a certificate of award for ‘Completion of Har Ghar Bijli - Saubhagya Scheme way ahead of its scheduled target’ by Bihar State Power (Holding) Company Limited.
  • 2019: Awarded ‘Outstanding Business Commitment’ award at the Strategic Partners Meet.
  • 2019: Awarded ‘Company of the Year in Manufacturing’ at the Dare to Dream Awards by Zee Business.
  • 2021: Received a certificate of recognition for ‘Outstanding contribution in quality and excellence, in realm of customer satisfaction, impact on society through service and management to boost up all’ by India 500.
  • 2022: Awarded ‘Excellence in Marketing and Branding’ award at the third edition of Rail Analysis Innovation and Excellence Summit.
  • 2023: Received a certificate of regards and appreciation for ‘valuable efforts in prompt filing of ASI returns over the years’ from the Field Operations Division, National Statistical Office, Ministry of Statistics and Programme Implementation.
  • 2023: Awarded ‘Best Employer of the Year - 2023’ at the HRD India Awards 2023 by the Economic Times.
  • 2024: Awarded certificate of appreciation for ‘Completion of the high voltage distribution system project works across semi-urban and rural areas of WEBSEDCL in Alipurduar, West Bengal’ by West Bengal State Electricity Distribution Company Limited.

History and milestones

  • 2006: Secured order for supplying PVC insulated armoured unscreened underground cable.
  • 2009: Started its first manufacturing unit at Kandua (Manufacturing Unit I) measuring 6.26 acres.
  • 2010: Secured its first international order for supply of AAAC conductors for the Ethiopian Electric Power Corporation Universal Electrification Access Program.
  • 2018: Secured its first solar EPC project.
  • 2018: Started its second manufacturing unit at Dhulagori (Manufacturing Unit II) measuring 8.84 acres.
  • 2018: Obtained CCV line capable of manufacturing up to 66kv.
  • 2019: Set up of aluminium rod rolling mill in Manufacturing Unit II.
  • 2021: Secured its first international EPC project for design and manufacture certain facilities or supply and installation of medium tension and base tension to strengthen electricity distribution in six major cities of Republic of Togo.
  • 2022: Secured its first water EPC project.
  • 2025: Acquisition of Manufacturing Unit III at Kharagpur measuring 25.29 acres, pursuant to a Composite Scheme of Arrangement amongst Bhuvee Stenovate Private Limited, Suncity Metals and Tubes Private Limited and the company.
  • 2025: Secured a power purchase agreement from Maharashtra State Electricity Distribution Company Limited for supply of 50 MW(AC) solar power under Mukhyamantri Saur Krushi Vahini Yojana 2.0.
  • 2025: Entered into a contract with Ethiopian Electric Utility for manufacture and supply of concentric cables and LV aerial bunched cables for $16.41 million.
  • 2025: Entered into a manufacturing agreement with TS Conductor Corp.

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