Lakhani India Ltd - Stock Valuation and Financial Performance

BSE: 531085 | NSE: | Leather | Small Cap

BSE Share Price
Not Listed

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akhani India stock performance -

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P/E Ratio (CD):
0.00
Market Cap:
46.8 Cr.
52-wk low:
0
52-wk high:
0

Is Lakhani India Ltd an attractive stock to invest in?

1. Is Lakhani India Ltd a good quality company?

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

2. Is Lakhani India Ltd undervalued or overvalued?

No data found

3. Is Lakhani India Ltd a good buy now?

No data found

10 Year X-Ray of Lakhani India:

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.
Lakhani India 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'03Mar'04Mar'05Mar'07Mar'08Mar'09Mar'10Mar'11TTM
ROCE % 0%0%0%5.6%3.8%0%9%-2%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00040.91480290361361
Sales YoY Gr.-NANANA262.8%-100%NA24.4%-
Adj EPS 00040.902.5-19.9-19.9
YoY Gr.-NANANA-78.1%-100%NA-904.1%-
BVPS (₹) 00045.646.4050.730.910
Adj Net
Profit
0005.41.203.3-26.7-27
Cash Flow from Ops. 00014.7-21.104.5-3.4-
Debt/CF from Ops. 0003.5-5.6037.2-61.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA34.5%24.4%
Adj EPS NANA-382.6%-904.1%
BVPSNANA-12.7%-39.2%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'03Mar'04Mar'05Mar'07Mar'08Mar'09Mar'10Mar'11TTM
Return on
Equity %
0008.81.905.1-48-97.2
Op. Profit
Mgn %
00089.9011.62.5NAN
Net Profit
Mgn %
00013.20.801.2-7.4-7.4
Debt to
Equity
0000.81.902.45-
Working Cap
Days
000029002482760
Cash Conv.
Cycle
000015001321470

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 34.48%

Return on Equity is Poor

Debt to equity has increased versus last 3 years average to 4.97

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Lakhani India Ltd.

Standalone Consolidated
TTM EPS (₹) -18.5 -19.9
TTM Sales (₹ Cr.) 343 361
BVPS (₹.) 41.6 10
Reserves (₹ Cr.) 42 -
P/BV 0.84 3.48
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) 29.60 / 128.60
Market Cap (₹ Cr.) 46.8
Equity (₹ Cr.) 13.5
Face Value (₹) 10
Industry PE 36.5

Management X-Ray of Lakhani India:

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

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Analyst's Notes

Key Ratios of Lakhani India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'10Mar'11
Sales40.86148.23289.80360.51
Operating Expenses 37.61133.62256.28351.41
Manufacturing Costs6.7418.0126.0621.99
Material Costs19.0886.61173.63265.14
Employee Cost 7.5518.7936.3538.25
Other Costs 4.2510.2120.2426.03
Operating Profit 3.2514.6133.519.10
Operating Profit Margin (%) 8.0%9.9%11.6%2.5%
Other Income 0.250.140.883.79
Interest 1.266.3121.9231.34
Depreciation 1.833.857.037.64
Exceptional Items 0000
Profit Before Tax 0.424.595.45-26.08
Tax -4.973.402.160.64
Profit After Tax 5.391.193.29-26.73
PAT Margin (%) 13.2%0.8%1.1%-7.4%
Adjusted EPS (₹)4.00.92.5-19.9
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'10Mar'11

Equity and Liabilities

Shareholders Fund 61.3362.4468.2541.53
Share Capital 13.4513.4513.4513.45
Reserves 47.8748.9954.8028.07
Minority Interest0000
Debt51.09118.78165.73206.30
Long Term Debt51.09118.78165.73206.30
Short Term Debt0000
Trade Payables29.7844.3592.95123.41
Others Liabilities 611.9625.7132.74
Total Liabilities 148.20237.53352.65403.99

Fixed Assets

Gross Block35.0988.31113.52119.41
Accumulated Depreciation11.5715.4228.1435.77
Net Fixed Assets23.5272.9085.3883.65
CWIP 27.97000
Investments 0.3914.7917.0717.04
Inventories62.1386.50139.93136.09
Trade Receivables18.774489.72149.61
Cash Equivalents 0.721.311.821.98
Others Assets14.7018.0218.7315.62
Total Assets 148.20237.53352.65403.99

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'10Mar'11
Cash Flow From Operating Activity 14.73-21.054.46-3.37
PBT 0.424.595.45-26.08
Adjustment 2.9010.1529.2538.82
Changes in Working Capital 11.42-35.8-30.23-16.1
Tax Paid 0000
Cash Flow From Investing Activity -36.11-39.67-11.24-5.71
Capex -35.77-25.26-10.16-5.71
Net Investments 00-1.080
Others -0.35-14.4000
Cash Flow From Financing Activity 21.3461.317.939.24
Net Proceeds from Shares 0000
Net Proceeds from Borrowing 20.6469.1900
Interest Paid -1.26-6.31-21.92-31.34
Dividend Paid 0000
Others 1.96-1.5729.8440.58
Net Cash Flow -0.040.591.150.16
PARTICULARSMar'07Mar'08Mar'10Mar'11
Ratios
ROE (%)8.791.925.03-48.69
ROCE (%)1.497.4213.162.17
Asset Turnover Ratio0.30.80.990.96
PAT to CFO Conversion(x)2.73-17.691.36N/A
Working Capital Days
Receivable Days1557584120
Inventory Days513177142139
Payable Days570156144149

Lakhani India Ltd Stock News

Lakhani India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Lakhani India on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Lakhani India stood at ₹46.82.
The latest P/E ratio of Lakhani India as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Lakhani India as of 01-Jan-1970 05:30 is 0.84.
The 52-week high of Lakhani India is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Lakhani India is ₹343.3 ( Cr.) .

About Lakhani India Ltd

Lakhani India was incorporated as a private limited company on December 28, 1981. It was earlier known as Lakbros Shoes, it was converted into a public limited company with the present name on September 12, 1994. The company is part of the Lakhani Vardaan - PD Lakhani Group, which has business activities in footwear and detergents.

The company produces hawai slippers, leather and canvas footwear, and sports shoes, marketing them under brand names like Breezers, Comfort, Evalite, Hawai, Kids, Pace, Princess, and Soldier.

The manufacturing units are located at Faridabad in Haryana. Through group activities, it has a focused sales team with over 150 distributors and over 1,00,000 retailers across the country. A manufacturing partnership program is in place with global brands for both the Indian and global markets.

Export destinations include the UK, the Netherlands, France, Germany, Switzerland, and Spain. The company has been suspended from the BSE on account of non-compliance with listing agreement clauses.

The registered office is located at Plot No 131, Sector 24, Faridabad 121005, Haryana. 

Business area of the company

The company is engaged in manufacturing and marketing of shoes and slippers.

Group companies

  • Lakhani Rubber Udyog
  • Laksons Footwear
  • Lakhani Footcare
  • Lakhani Detergents & Soaps
  • Lakhani Apparel
  • Lakhani Medicare
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