Analysis of Financial Track Record
Value Creation |
|---|
| Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Capital Employed | 15.21% | 13.56% | 4.74% | 8.14% | 9.95% | 9.91% | 7.38% | 6.15% | 4.62% | -1.04% |
| Growth Parameters |
|---|
| 9 yrs | 5 yrs | 3 yrs | 1 yr | |
|---|---|---|---|---|
| Net Sales | -2.8% | -9.1% | -11% | -40.7% |
| Adjusted EPS | -182.8% | -172.5% | -155.9% | -120.2% |
| Book Value per Share | 9 | 9.6 | -0.9 | -21.5 |
| Share Price | 2.9% | -3.7% | -26.5% | -12.1% |
| Key Financial Parameter |
|---|
Management X-Ray
Shareholding Pattern
| Entity | Percentage Holding |
|---|---|
| Promoters | 36.13% |
| Non-Institutions | 63.87% |
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
FAQs
The 5-year analysis of Lakshmi Electrical Control Systems Ltd's performance infers:
Lakshmi Electrical Control Systems Ltd earnings have declined by -172.5%, whereas share price has depreciated -3.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.We analysed the performance of Lakshmi Electrical Control Systems Ltd share prices over the last 10 years. Here is what we found out:
Lakshmi Electrical Control Systems Ltd share price has depreciated 0.6% annually over the past ten years. About Company
Lakshmi Electrical Control Systems (LECS) was established in 1981, with an objective to build custom-engineered control panels for the textile machinery and machine tools . The panels were to integrate with these sophisticated machinery, for centralized control of all actuating & operating elements and motorized drives.
LECS resolved to foray into the manufacture of LV Switchgear, which were needed in large numbers in the building of control panels. They were able to access the
Lakshmi Electrical Control Systems (LECS) was established in 1981, with an objective to build custom-engineered control panels for the textile machinery and machine tools . The panels were to integrate with these sophisticated machinery, for centralized control of all actuating & operating elements and motorized drives.
LECS resolved to foray into the manufacture of LV Switchgear, which were needed in large numbers in the building of control panels. They were able to access the know-how from the renowned Sprecher+Schuh, Switzerland; which is now a part of Rockwell Automation, USA. Their entire production is branded as “Sprecher+Schuh†to international standards and marketed by Rockwell Automation.
Similarly,they added to their lines of manufacture many other related products or extensions. Very high quality standards were ensured through in-house facilities for manufacture of most of the parts – Plastic & Metal – with stringent inspection procedures at every stage.
LECS carries the certification of BVQI for management systems according to ISO 9001:2000 standards. Operations are governed by contemporary management practices and controls like ERP, Kanban, 5S etc.Thus high standards of quality and punctuality in performance got ingrained into the manufacturing culture of LECS.
Being an associated company of the engineering conglomerate LMW, they have substantial resources, manufacturing facilities and support systems on tap.
Product range of the company includes:
- Switchgear
- Contactors, Control Relays, Thermal Overload Relays & Accessories. - Electrovalves, Limit Switches and Starters.
- LECS Motor Protection & Control Devices
- LECS Motor Control Solutions
- Dol & Star Delta Starters and Motor Control Panels
- LECS Automatic Power Management Systems
- LECS Custom Engineers Control Panels for Industrial Machinery
- LECS Automation Devices & Elements
- Industrial Plastic Components
Achievements/ recognition:
- LECS has been awarded the ISO 9001/1994 certification for Contactors, Thermal Overload Relays, Electrovalves, Limit Switches and Starters and recertified on 1998 for Electrovalves, Limit Switches and Starters.
- ISO 9002/1994 for CNC Systems, Plastic & Metal components and Control panels for Textile Machinery and recertified on 1998 for Contactors, Thermal Overload Relays, CNC Systems, Plastic & Metal components and Control panels for Textile Machinery by Bureau Veritas Quality International (BVQI).
