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Linaks Microelectronics Ltd (517463)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517463 NSE: Electronics - Components | Small Cap | Linaks Microelectron Share Price

₹1.38 0.00 (0.00%)

As on 09-Sep'24 16:01

Linaks Microelectronics Ltd (517463)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517463 NSE: Electronics - Components | Small Cap | Linaks Microelectron Share Price

₹1.38 0.00 (0.00%)

As on 09-Sep'24 16:01

Key Metrics
Valuation Multiples
Market Cap
₹2 Cr.
Current Price
₹1.4
52-Week Low / High
₹1 / 1
TTM EPS
₹-0.1
TTM Sales
₹0 Cr.
Book Value per Share
₹-13.9
P/E Ratio
0.00
Industry PE
43.8
Price to Book (P/B)
-0.10
Lower than its 5-year historical median
Price to Sales (P/S)
0.00
Lower than its 5-year historical median
EV/EBITDA
-791.09
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
-8.01%
Return on Assets (ROA)
-7.40%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
52.38%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-26 Cr.
Equity
₹1.7 Cr.
Face Value
₹1
All Time Low / High
₹0.20 / 49.00

Linaks Microelectronics stock performance

Key Ratios
mw4me loader

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.
Linaks Microelectronics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%0%0%0%0%0%0%0%0%-8%-
Value Creation
Index
NANANANANANANANANANA-

Growth Parameters

Sales 00.61.60.70.40.200000
Sales YoY Gr.-1,325%184.2%-59.3%-40.9%-59%-75%-50%-100%NA-
Adj EPS -0.9-0.3-0.4-0.5-0.4-0.2-0.4-0.1-0.1-0.1-0.1
YoY Gr.-NANANANANANANANANA-
BVPS (₹) -11.5-11.8-12.1-12.6-13-13.2-13.7-13.8-13.9-14-13.9
Adj Net
Profit
-1.6-0.6-0.6-0.8-0.7-0.4-0.8-0.2-0.1-0.2-0
Cash Flow from Ops. 0.5-0.8-0.6-0.3-0.4-0.4-0000-
Debt/CF from Ops. 0-0.2-0.5-1.1-0.90007365.83606.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS NANANANA
BVPSNANANANA
Share Price 6.7% 9.4% 6.6% -

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
9.73.43.54.43.71.93.71.10.71.10.6
Op. Profit
Mgn %
-3833.3-76-27.9-99.1-141.4-180-2074.4-1359.200NAN
Net Profit
Mgn %
-3560.6-100.6-37.9-121.7-178.5-234.4-1924.1-1502.600-INF
Debt to
Equity
-0-0-0-0-0000-1.1-1.1-
Working Cap
Days
7,4994672264875399823,6338,552000
Cash Conv.
Cycle
6,0762581353643847292,9697,129000

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales0.040.571.620.660.390.160.040.0200
Operating Expenses + 1.7512.071.310.940.450.950.230.180.17
Manufacturing Costs0.040.120.270.120.090.070.010.0100.01
Material Costs0.650.350.880.380.240.140.010.0200
Employee Cost 0.180.190.270.240.190.060.060.070.060.04
Other Costs 0.870.350.660.570.420.180.860.130.120.13
Operating Profit -1.70-0.43-0.45-0.65-0.55-0.30-0.91-0.21-0.18-0.17
Operating Profit Margin (%) -3,833.3%-76.0%-27.9%-99.1%-141.0%-189.0%-2,334.5%-1,359.2%--
Other Income + 0.140.080.050.040.040.050.230.110.180.05
Exceptional Items 0.9900.130000000
Interest 00.020.030.030.0300000
Depreciation 0.310.200.220.160.150.130.140.140.140.11
Profit Before Tax -0.89-0.57-0.52-0.80-0.69-0.38-0.82-0.24-0.14-0.23
Tax 0000000000
Profit After Tax -0.89-0.57-0.52-0.80-0.69-0.38-0.82-0.24-0.14-0.23
PAT Margin (%) -1,995.5%-100.0%-32.2%-121.0%-177.0%-241.0%-2,106.1%-1,502.6%--
Adjusted EPS (₹)-0.5-0.3-0.3-0.5-0.4-0.2-0.5-0.1-0.1-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Linaks Microelectron - Standalone

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

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

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

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

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + -16.73-17.31-17.83-18.63-19.32-19.69-20.52-20.75-20.89-21.12
Share Capital 4.954.954.954.954.954.954.954.954.954.95
Reserves -21.69-22.26-22.78-23.58-24.27-24.65-25.47-25.70-25.84-26.07
Debt +00.160.300.290.3200023.8823.88
Long Term Debt0000000023.8823.88
Short Term Debt00.160.300.290.3200000
Minority Interest0000000000
Trade Payables0.270.300.140.110.060.040.060.060.060.16
Others Liabilities 23.0623.5623.5823.6724.012423.9723.990.120.15
Total Liabilities 6.606.726.185.455.084.353.523.293.173.08

Fixed Assets

Net Fixed Assets +4.504.714.534.394.193.983.102.972.832.72
Gross Block21.2121.6221.6621.6821.5221.3519.0718.9218.9218.92
Accumulated Depreciation16.7116.9217.1317.2917.3317.3715.9715.9616.1016.20
CWIP 0.13000000000
Investments 0000000000
Inventories0.440.470.460.330.260.240.270.250.250.25
Trade Receivables0.010.210.450.220.110.060.080.010.010.02
Cash Equivalents 1.451.080.580.390.420.010.010.010.010.02
Others Assets 0.080.250.160.130.110.070.060.060.060.06
Total Assets 6.606.726.185.455.084.353.523.293.173.08

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.48-0.75-0.59-0.27-0.35-0.40-0.03000.01
PBT -2.02-0.64-0.68-0.81-0.69-0.43-0.82-0.24-0.14-0.23
Adjustment 0.580.190.200.130.120.140.820.140.140.11
Changes in Working Capital 0.79-0.38-0.290.370.19-0.17-0.030.100.13
Tax Paid 0000000000
Cash Flow From Investing Activity + -1.09-0.28-0.04-0.010.040.070.03-000
Capex -1.09-0.28-0.04-0.010.040.070.03-000
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity + 0.450.670.130.090.34-0.080000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0.450.670.130.090.34-0.080000
Net Cash Flow -0.16-0.36-0.51-0.190.03-0.41-0-00.010.01

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.010.090.250.110.070.030.01000
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days676.9069.1074.70186.70152.10190.80660.901,15200
Inventory Days5,440.10293.10104.90219.70275.60583.902,390.206,072.5000
Payable Days75.30298.6091122.90135.30131.801,298.601,36200

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Linaks Microelectronics Ltd FAQs

The current trading price of Linaks Microelectron on 09-Sep-2024 16:01 is ₹1.38.

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 08-Sep-2024 the market cap of Linaks Microelectron stood at ₹2.39 Cr

The latest P/E ratio of Linaks Microelectron as of 08-Sep-2024 is 0.00.

The latest P/B ratio of Linaks Microelectron as of 08-Sep-2024 is -0.10.

The 52-week high of Linaks Microelectron is ₹1.38 and the 52-week low is ₹1.38.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Linaks Microelectron is ₹0.00 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Linaks Microelectronics Ltd is a below average quality company.

The key valuation ratios of Linaks Microelectronics Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

No data found

About Linaks Microelectronics Ltd

Linaks Microelectronics was established in 1986 by a group of professionals led by A K Singh, a graduate of IIT, Kanpur and IIM, Ahmedabad with an initial investment of Rs 1.68 crore. The company commenced commercial production of professional grade single side and double side Printed Circuit Boards (PCB) in 1987 end. The installed capacity in the beginning was very small i.e. 5000 sq. m. of double side PTH PCBs per annum.

Through aggressive and quality service, Linaks was able to establish itself as a leading manufacturer of double side PTH PCBs in India and was soon in qualified vendor list of all the major Indian OEMs like, ITI Ltd., C-DOT licencees, Bharat Electronics Ltd., Avery India Ltd., Allen Bradley India Ltd., Alcatel India Ltd., etc.

In keeping with the growth in business, the management went in for capacity enhancement and technology upgradation in 1989 with an investment of Rs. 1.27 crores ($273,000.00). Linaks became the sixth largest shop in India and a leading player in the PCB market.

The management team's philosophy of constant improvement saw a lot of investment in training of operators and engineers in new process and technologies abroad in PCB shops and factories based in Italy, UK, Switzerland, etc. All this saw further investment of Rs 1 crore ($250,000.00) in 1992 which doubled the capacity to 10,000 sq. m. and enhanced the capacity in the area of micro drilling. It enabled Linaks to retain its pre-eminent position in the market.

In 1994 Linaks had started exporting approx 20% of its production to European OEM agents and PCB shops. It had become very clear by 1994 that to survive the competition from abroad Linaks had to upgrade its technology and increase its capacity. So in 1994-95, Linaks went in for a public issue and became a public company, as the management floated 25% of its shares.

The company embarked on a major expansion with an investment of Rs 15 crore ($3.5 million) in 1995-96 which envisaged trebling of DSPTH capacity by 1997 and start up of 12000 sq. m., four and six layer Multilayer facility by 1999, which has been implemented and Linaks already has the approval of the Indian telecom and some select international customers.

In 2004-05, Linaks targeted a turnover of Rs 12 crore ($ 2.5 million) and in 2005-06, Linaks hoped to be doing a turnover of around Rs 25 crore ($5 million). The company is at the same time working towards introduction of new technologies like direct metallisation, alternative to tin lead finish, copper recovery system, etc.

Product range of the company includes:

Manufacturers and exporters of professional grade single side and double side PCB. The company is one of the leading PCB manufacturer in India.

Clientele:

  • ITI Limited
  • BARCO
  • Elymer Limited
  • HTL Limited
  • NCAB
  • C-DOT licencees
  • Bharat Electronics Limited
  • GDM electronics
  • Deutronics Gmbh
  • Teletask Bvba
  • Semi Conductor Complex Ltd.

Achievements/ recognition:-

  • ISO 9002
  • IECQ's Product approval for DSPTH PCB
  • UL 94 VO rating for DSPTH PCBs.
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