Lancor Holdings Ltd - Stock Valuation and Financial Performance

BSE: 509048 | NSE: LANCORHOL | Construction - Real Estate | Small Cap

Lancor Holdings Share Price

53.57 0.47 0.89%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Lancor Holdings

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

ancor Holdings stock performance -

mw4me loader
P/E Ratio (SA):
96.43
Market Cap:
325.4 Cr.
52-wk low:
17.8
52-wk high:
63

Is Lancor Holdings Ltd an attractive stock to invest in?

1. Is Lancor Holdings Ltd a good quality company?

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

2. Is Lancor Holdings Ltd undervalued or overvalued?

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

3. Is Lancor Holdings Ltd a good buy now?

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

10 Year X-Ray of Lancor Holdings:

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

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 12.1%10%7.4%10%6.3%6%4%2.2%2.3%5%-
Value Creation
Index
-0.1-0.3-0.5-0.3-0.6-0.6-0.7-0.8-0.8-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7810382.878.572.192.558.451.3105114120
Sales YoY Gr.-32.7%-20%-5.2%-8.3%28.3%-36.9%-12.1%105.1%8.5%-
Adj EPS 2.62.51.72.610.6-0.9-1.9-1.7-0.10.6
YoY Gr.--6.1%-32.4%54.5%-62.8%-37.5%-253.3%NANANA-
BVPS (₹) 17.918.819.625.125.926.325.223.321.621.622.2
Adj Net
Profit
161510.215.75.83.6-5.6-11.7-10.5-0.43
Cash Flow from Ops. 22.512.9-4.622.413.8-10.918.757.888.5-
Debt/CF from Ops. 6.311.7-37.376.567.712-18.21131.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.3%9.7%25.1%8.5%
Adj EPS -166.8%-159.2%NANA
BVPS2.1%-3.6%-5.1%-0.2%
Share Price 15% 35.6% 138.9% 171%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
15.512.77.8113.82.3-3.6-7.9-7.7-0.32.6
Op. Profit
Mgn %
47.436.435.251.637.830.632.224.511.518.716.3
Net Profit
Mgn %
20.514.512.319.98.13.9-9.6-22.8-10-0.42.8
Debt to
Equity
1.31.31.41111.31.51.30.8-
Working Cap
Days
1,0637839361,1141,3461,0861,8182,156968785337
Cash Conv.
Cycle
5845177119391,1798961,5671,856835643146

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.60%

Sales growth is growing at healthy rate in last 3 years 25.07%

Debt to equity has declined versus last 3 years average to 0.84

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 5.54%

Latest Financials - Lancor Holdings Ltd.

Standalone Consolidated
TTM EPS (₹) 0.6 0.6
TTM Sales (₹ Cr.) 120 121
BVPS (₹.) 22.2 22.1
Reserves (₹ Cr.) 123 122
P/BV 2.42 2.42
PE 96.43 97.00
From the Market
52 Week Low / High (₹) 17.80 / 63.00
All Time Low / High (₹) 0.37 / 63.00
Market Cap (₹ Cr.) 325
Equity (₹ Cr.) 12.2
Face Value (₹) 2
Industry PE 81.3

Management X-Ray of Lancor Holdings:

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 (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Lancor Holdings

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales78103837972925851105114
Operating Expenses 41665438456440399393
Manufacturing Costs2212113222
Material Costs28534026314922277774
Employee Cost 6655567566
Other Costs 45868885810
Operating Profit 37372940272819131221
Operating Profit Margin (%) 47.4%36.1%35.2%51.5%37.5%30.4%32.1%24.5%11.4%18.7%
Other Income 8411113111
Interest 19171621202227282620
Depreciation 3322211112
Exceptional Items 0000000000
Profit Before Tax 2422121976-7-15-141
Tax 872312-1-4-41
Profit After Tax 1615101664-6-12-100
PAT Margin (%) 20.5%14.3%12.3%20.0%7.9%3.8%-9.6%-22.6%-9.9%-0.3%
Adjusted EPS (₹)2.62.41.72.60.90.6-0.9-1.9-1.7-0.1
Dividend Payout Ratio (%)25%27%40%5%14%23%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 109128133152157160153142131131
Share Capital 4488888888
Reserves 105124125144149152145134123123
Minority Interest0000000000
Debt1081351469915816214511712478
Long Term Debt6594821951111103698049
Short Term Debt434164801085142484429
Trade Payables1512964755416
Others Liabilities 734150555453855061
Total Liabilities 305316338313325333357349309286

Fixed Assets

Gross Block72101101447454581010
Accumulated Depreciation1718201346223
Net Fixed Assets5683813444039687
CWIP 125323023434
Investments 33343333345
Inventories165166164248234229280265209196
Trade Receivables2012253591114
Cash Equivalents 42174125446
Others Assets7437466354320597054
Total Assets 305316338313325333357349309286

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2213-52214-11195888
PBT 2422121976-7-15-141
Adjustment 1317-19-3-2361615
Changes in Working Capital -8-4-194111-6285772
Tax Paid -7-6-5-2-2-1-10-10
Cash Flow From Investing Activity 02-18078-1-1-1-2
Capex -3-1-20-28-1-1-1-2
Net Investments 00080800000
Others 3310000000
Cash Flow From Financing Activity -20-174-77-11-167-20-56-84
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000-510774211-27-31
Interest Paid -19-21-21-21-21-21-24-28-25-20
Dividend Paid -4-4-4-4-1-1-1000
Others 3829-111-71-10-4-4-33
Net Cash Flow 2-2-25-26-5-212
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)15.4913.268.711.543.662.21-3.57-7.85-7.62-0.25
ROCE (%)17.6314.8610.1413.38.458.716.113.533.477.63
Asset Turnover Ratio0.270.330.250.240.230.280.170.150.320.38
PAT to CFO Conversion(x)1.380.87-0.50.130.333.5N/AN/AN/AN/A
Working Capital Days
Receivable Days1252733191626493340
Inventory Days6755837269581,2229151,5931,940822647
Payable Days15391921046343105742149

Lancor Holdings Ltd Stock News

Lancor Holdings Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Lancor Holdings on 12-Apr-2024 16:59 is ₹53.57.
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 12-Apr-2024 16:59 the market cap of Lancor Holdings stood at ₹325.4.
The latest P/E ratio of Lancor Holdings as of 12-Apr-2024 16:59 is 96.43.
The latest P/B ratio of Lancor Holdings as of 12-Apr-2024 16:59 is 2.42.
The 52-week high of Lancor Holdings is ₹63.00 and the 52-week low is ₹17.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Lancor Holdings is ₹120.4 ( Cr.) .

About Lancor Holdings Ltd

Lancor Holdings Ltd. is a professionally managed property development company, acquiring the business interest of erstwhile DBS Properties Limited and is engaged principally in development of properties in Chennai, Bangalore and Coimbatore.

DBS Properties Ltd. is now Lancor Holdings Ltd. and nothing else has changed. All Lancor projects are maintained, managed and refurbished by Lancor group companies.

Lancor Holdings Ltd. pays highest attention to design, quality and adoption of modern methods of project execution and construction. Significant changes in specifications, methods of construction and execution of projects have already been proved under LANCOR banner in respect of three projects developed, two in Chennai and one in Bangalore. More attention has been paid to the lay out, design and style while almost every aspect of material specification has been upgraded to meet International standards.

Construction achievements of the company

  • Lancor Westminster (previously DBS Westminster), which is a 10 storied building curtain walled in glass. The entire building is occupied by top multinational Ccompanies operating in Chennai. 
  • Ramco Systems building, the first private sector Software Technology Park to be developed in the city having a total constructed area of 135,000 sq.ft. between 13 floors. The Ramco Systems building was built in about 15 months.
  • Amongst the Residential developments, there are few parallels to THE ATRIUM which was completed two years ago, developed in about 6 acres of land. THE ATRIUM bench marks large community living for the city of Chennai. 
  • Residency, Regency & Regalia, is a 10/12 storied residential building developed on Sardar Patel Road in about 24 months' time having 92 apartments with excellent ventilation and view of the City of Chennai. These two major residential developments have apart from the aspect of housing, provide a lot of features for sports, recreation, entertainment, etc the like of which Chennai is yet to experience.
  • DBS/Lancor Holdings have made number of other buildings both residential and commercial, which have all been well received.

 On going projects of the company:

  • Coral - T.Nagar
  • The Central Park
  • West - Shollinganallur
  • Central Park South - Shollinganallur
  • Eden - Adyar
  • Trafalgar - Thiruvanmiyur
  • Abodevalley - Potheri, GST Road
  • Sports & Recreation Centre(For Central Park, Central Park West, Central Park South) 
  • Casablanca- Bangalore
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.