Lakshmi Mills Company Ltd Stock Analysis

BSE: 502958 | NSE: LAKSHMIMIL | Textile | Small Cap

BSE Share Price 29-Nov-2022 18:01
4320.00 19.45 (0.45%)

DeciZen - Make an Informed Decision on Lakshmi Mills Co

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

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Lakshmi Mills Co Price Chart

P/E Ratio (SA) :
21.60
Market Cap :
299.1 Cr.
52-wk low :
3,010
52-wk high :
5,480
Bole Toh?

1. Is Lakshmi Mills Company Ltd a good quality company?

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

2. Is Lakshmi Mills Company Ltd undervalued or overvalued?

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

3. Is Lakshmi Mills Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Lakshmi Mills Company Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Lakshmi Mills Co:

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.
Lakshmi Mills Company 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.1%6.1%6.1%4.3%1.9%1.8%-0.1%-0.1%2.4%5%-
Value Creation Index -0.4-0.6-0.6-0.7-0.9-0.9-1.0-1.0-0.8-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 164218221199227239248218184347333
YoY Gr. Rt. %-33%1.5%-10%14.1%5.3%3.5%-11.8%-15.8%88.5%-
Adj EPS 123.866.872.419.3-9.931.7-117-118.629.3341.5199.1
YoY Gr. Rt. %--46%8.4%-73.4%-151.6%NA-469.4%NANA1067.4%-
BVPS (₹) 351.9469.5508.1512.45,141.37,063.96,377.43,494.46,853.59,076.810,893.3
Adj Net Profit 8.64.751.3-0.72.2-8.1-8.3223.814
Cash Flow from Ops. 3.95.518.911.116.512.62.928.68.127.8-
Debt/CF from Ops. 18.712.33.35.63.96.129.3310.23-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.7%8.8%11.9%88.5%
Adj EPS 11.9%NANA1067.4%
BVPS 43.51212.532.4
Share Price 11.7% 9.7% 32.4% 16.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 7.23.63.81-0.30.5-1.7-2.40.64.32
Op. Profit Mgn % 9.56.87.57.35.98.263.512.914.49.3
Net Profit Mgn % 5.32.12.30.7-0.30.9-3.3-3.81.16.94.2
Debt to Equity 2.92.11.81.80.20.20.20.40.20.10
Working Cap Days 34027827230218510210611713592111
Cash Conv. Cycle 28022221824413347617683590

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.00%

Sales growth is growing at healthy rate in last 3 years 11.86%

Sales growth is good in last 4 quarters at 13.39%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Lakshmi Mills Company Ltd.

Standalone Consolidated
TTM EPS (₹) 199.1 -
TTM Sales (₹ Cr.) 333 -
BVPS (₹.) 10,893.3 -
Reserves (₹ Cr.) 751 -
P/BV 0.39 -
PE 21.60 -
From the Market
52 Week Low / High (₹) 3010.00 / 5480.00
All Time Low / High (₹) 134.00 / 5480.00
Market Cap (₹ Cr.) 299
Equity (₹ Cr.) 7
Face Value (₹) 100
Industry PE 23.7

Management X-Ray of Lakshmi Mills Co :

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 Lakshmi Mills Co

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Lakshmi Mills Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Lakshmi Mills Co on 29-Nov-2022 18:01 is : 4,320.
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 29-Nov-2022 18:01 the market cap of Lakshmi Mills Co stood at ₹ 299.1.
The latest PE ratio of Lakshmi Mills Co as of 29-Nov-2022 18:01 is 21.60.
The latest PB ratio of Lakshmi Mills Co as of 29-Nov-2022 18:01 is 0.39
The 52-week high of Lakshmi Mills Co is ₹ 5,480 and the 52-week low is ₹ 3,010.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Lakshmi Mills Co is ₹ 332.7 ( Cr.) .

About Lakshmi Mills Company Ltd

Lakshmi Mills Company was established in the year 1910 by the visionary and pioneer late G. Kuppuswamy Naidu. The history of Lakshmi Mills is in many ways the history of the textile industry in Coimbatore.

For close to a century Lakshmi Mills has contributed to the development of the industry by promoting self reliance, research, import substitution, exports and technology. The company has also demonstrated its staying power by ensuring quality and customer satisfaction as the prime objectives. In fact, as a pioneer, Lakshmi Mills today is looked upon with respect and reverence as a company that paved the way for the rest to follow.

The company celebrated its golden jubilee, diamond jubilee and platinum jubilee and is now gearing up for the centenary celebration by 2010.The annual turnover of the company is around Rs. 100 crores.

Subsidiaries:

The Lakshmi Mills Company Limited has under its wing diverse concerns that have made their mark in various fields - education, synthetic machinery and support systems. The companies have contributed in a large measure to the industry and to society.

Lakshmi Automatic Loom Works Limited - Lakshmi Automatic Loom Works Limited (LAL) is the result of collaboration between Ruti and Sulzer Brothers of Switzerland and Lakshmi Mills. The company is an ambitious Rs. 90-million project and produces upward of 5000 automatic looms annually.

Educational Institutions - The Lakshmi Mills Group, in conjunction with the Kuppuswamy Naidu Charity Trust for Education and Medical Relief, has various educational institutions under its banner. They are spread across various locations and cover the gamut of the educational spectrum.

Product range of the company includes:

  • Yarns- The company manufactures 100% combed cotton yarn from NE 40s to NE 120s, polyester cotton blended yarn from NE 40s to NE 80s as well as open end yarn of 10s. Besides, the company manufactures 100% micro modal yarn, micro modal/cotton blended yarn, 100% micro tencel yarn, tencel/cotton blended yarn in counts NE 40s to 100s and X-Static yarns in counts NE 20s to 40s.
  • Fabrics - The company manufactures 100% cotton, polyester/cotton, 100% micro modal / micro modal/cotton, 100% polyester and polyester viscose fabrics in 245 looms installed in its Coimbatore Unit.
  • Garments- Tyche Life is an exciting, new casual wear brand for men, women and children, made from super-soft Modal from Lenzing, Austria. Tyche Life brings international styling, bright colours and exotic prints. The emphasis is on comfortable fashion, with an uncompromising commitment to quality.
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