BSE:504258

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Lakshmi Electrical Control Systems

Executive Summary

Lakshmi Electrical Control Systems Limited manufactures and sells control panels and plastic components in India. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.


Similar Companies

Share Price & News

How has Lakshmi Electrical Control Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 504258 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.0%

504258

3.0%

IN Electrical

-0.6%

IN Market


1 Year Return

-25.7%

504258

-17.3%

IN Electrical

0.9%

IN Market

Return vs Industry: 504258 underperformed the Indian Electrical industry which returned -17.4% over the past year.

Return vs Market: 504258 underperformed the Indian Market which returned 2.2% over the past year.


Shareholder returns

504258IndustryMarket
7 Day1.0%3.0%-0.6%
30 Day-2.0%5.4%4.0%
90 Day7.9%8.4%5.7%
1 Year-25.5%-25.7%-15.0%-17.3%2.6%0.9%
3 Year-66.3%-67.6%-27.4%-31.3%-2.8%-7.4%
5 Year-30.9%-35.6%-13.8%-19.2%39.9%29.5%

Price Volatility Vs. Market

How volatile is Lakshmi Electrical Control Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Lakshmi Electrical Control Systems undervalued compared to its fair value and its price relative to the market?

0.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 504258 (₹242.05) is trading above our estimate of fair value (₹212.93)

Significantly Below Fair Value: 504258 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 504258 is unprofitable, so we can't compare its PE Ratio to the IN Electrical industry average.

PE vs Market: 504258 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 504258's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 504258 is good value based on its PB Ratio (0.4x) compared to the IN Electrical industry average (0.7x).


Next Steps

Future Growth

How is Lakshmi Electrical Control Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lakshmi Electrical Control Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Lakshmi Electrical Control Systems performed over the past 5 years?

-10.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 504258 is currently unprofitable.

Growing Profit Margin: 504258 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 504258 is unprofitable, and losses have increased over the past 5 years at a rate of 10.5% per year.

Accelerating Growth: Unable to compare 504258's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 504258 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-13.5%).


Return on Equity

High ROE: 504258 has a negative Return on Equity (-1.14%), as it is currently unprofitable.


Next Steps

Financial Health

How is Lakshmi Electrical Control Systems's financial position?


Financial Position Analysis

Short Term Liabilities: 504258's short term assets (₹521.6M) exceed its short term liabilities (₹199.1M).

Long Term Liabilities: 504258's short term assets (₹521.6M) exceed its long term liabilities (₹37.1M).


Debt to Equity History and Analysis

Debt Level: 504258's debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: 504258's debt to equity ratio has reduced from 1.3% to 0.3% over the past 5 years.

Debt Coverage: 504258's debt is well covered by operating cash flow (2103.1%).

Interest Coverage: Insufficient data to determine if 504258's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Lakshmi Electrical Control Systems's current dividend yield, its reliability and sustainability?

0.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 504258's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: 504258's dividend (0.21%) is low compared to the top 25% of dividend payers in the Indian market (2.28%).


Stability and Growth of Payments

Stable Dividend: 504258 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 504258 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 504258 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 504258's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Nethra Jayavarthanavelu Kumar (48 yo)

10.25yrs

Tenure

Mrs. Nethra Jayavarthanavelu Senthil Kumar has been Managing Director of Lakshmi Electrical Control Systems Ltd since July 1, 2010. She was the past Chairperson of CII, Coimbatore Zone. Mrs. Kumar has been ...


CEO Compensation Analysis

Compensation vs Market: Nethra Jayavarthanavelu's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD54.90K).

Compensation vs Earnings: Nethra Jayavarthanavelu's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Nethra Jayavarthanavelu Kumar
Chairperson & MD10.25yrsno data30.95%
₹ 188.7m
A. Thiagarajan
Chief Financial Officer2.75yrs₹2.80mno data
R. Hariharan
Vice President of Operationsno data₹3.69mno data
S. Sathyanarayanan
Compliance Officer & Company Secretary5.17yrs₹2.23mno data
C. Palani
Group Head of HRno data₹2.68mno data

5.2yrs

Average Tenure

50yo

Average Age

Experienced Management: 504258's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nethra Jayavarthanavelu Kumar
Chairperson & MD10.25yrsno data30.95%
₹ 188.7m
Sanjay Jayavarthanavelu
Non-Executive Non-Independent Director31.33yrs₹75.00kno data
Narayanaswamy Suryakumar
Independent Non-Executive Director38.08yrs₹250.00kno data
Dinakaran Kumar
Non-Executive Non-Independent Director23.58yrs₹175.00k0.0041%
₹ 24.8k
Ramesh Rudrappan
Non Executive Independent Director9.42yrs₹300.00kno data
Annamalai Palaniappan
Non-Executive Independent Director7.75yrs₹225.00kno data
Naidoor Selvaraj
Additional Non-Executive Non-Independent Director1.67yrs₹100.00kno data
Arun Selvaraj
Non-Executive Independent Director7.75yrs₹175.00kno data

8.7yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 504258's board of directors are considered experienced (8.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lakshmi Electrical Control Systems Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lakshmi Electrical Control Systems Limited
  • Ticker: 504258
  • Exchange: BSE
  • Founded: 1981
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: ₹609.707m
  • Shares outstanding: 2.46m
  • Website: https://www.lecsindia.com

Number of Employees


Location

  • Lakshmi Electrical Control Systems Limited
  • Arasur
  • Coimbatore
  • Tamil Nadu
  • 641407
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
504258BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2001

Biography

Lakshmi Electrical Control Systems Limited manufactures and sells control panels and plastic components in India. It operates through three segments: Electricals, Plastics, and Wind Power Generation. The c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 12:34
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.