Reported Earnings • May 22
Full year 2026 earnings released: EPS: ₹4.83 (vs ₹14.13 in FY 2025) Full year 2026 results: EPS: ₹4.83 (down from ₹14.13 in FY 2025). Revenue: ₹2.42b (up 14% from FY 2025). Net income: ₹11.9m (down 66% from FY 2025). Profit margin: 0.5% (down from 1.6% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • May 21
Lakshmi Electrical Control Systems Limited announces Annual dividend, payable on August 30, 2026 Lakshmi Electrical Control Systems Limited announced Annual dividend of INR 3.0000 per share payable on August 30, 2026, ex-date on July 24, 2026 and record date on July 24, 2026. Announcement • May 11
Lakshmi Electrical Control Systems Limited to Report Q4, 2026 Results on May 20, 2026 Lakshmi Electrical Control Systems Limited announced that they will report Q4, 2026 results on May 20, 2026 Reported Earnings • Jan 31
Third quarter 2026 earnings released: ₹4.29 loss per share (vs ₹0.53 profit in 3Q 2025) Third quarter 2026 results: ₹4.29 loss per share (down from ₹0.53 profit in 3Q 2025). Revenue: ₹596.0m (up 21% from 3Q 2025). Net loss: ₹10.5m (down ₹11.8m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Jan 06
Lakshmi Electrical Control Systems Limited to Report Q3, 2026 Results on Jan 30, 2026 Lakshmi Electrical Control Systems Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 04
Second quarter 2026 earnings released: EPS: ₹1.96 (vs ₹0.77 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹1.96 (up from ₹0.77 loss in 2Q 2025). Revenue: ₹595.4m (up 11% from 2Q 2025). Net income: ₹4.83m (up ₹6.72m from 2Q 2025). Profit margin: 0.8% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Oct 13
Lakshmi Electrical Control Systems Limited to Report Q2, 2026 Results on Nov 03, 2025 Lakshmi Electrical Control Systems Limited announced that they will report Q2, 2026 results on Nov 03, 2025 Upcoming Dividend • Aug 11
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 18 August 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.3%). In line with average of industry peers (0.4%). New Risk • Jul 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 90% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (₹2.77b market cap, or US$32.1m). Reported Earnings • Jul 24
Full year 2025 earnings released: EPS: ₹14.13 (vs ₹56.80 in FY 2024) Full year 2025 results: EPS: ₹14.13 (down from ₹56.80 in FY 2024). Revenue: ₹2.12b (down 37% from FY 2024). Net income: ₹34.7m (down 75% from FY 2024). Profit margin: 1.6% (down from 4.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Jul 09
Lakshmi Electrical Control Systems Limited to Report Q1, 2026 Results on Jul 31, 2025 Lakshmi Electrical Control Systems Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 12
Full year 2025 earnings released: EPS: ₹14.12 (vs ₹56.80 in FY 2024) Full year 2025 results: EPS: ₹14.12 (down from ₹56.80 in FY 2024). Revenue: ₹2.18b (down 36% from FY 2024). Net income: ₹34.7m (down 75% from FY 2024). Profit margin: 1.6% (down from 4.1% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Apr 21
Lakshmi Electrical Control Systems Limited to Report Q1, 2025 Results on May 08, 2025 Lakshmi Electrical Control Systems Limited announced that they will report Q1, 2025 results on May 08, 2025 New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (449% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (₹2.37b market cap, or US$27.1m). Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹0.53 (vs ₹7.81 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.53 (down from ₹7.81 in 3Q 2024). Revenue: ₹534.5m (down 34% from 3Q 2024). Net income: ₹1.31m (down 93% from 3Q 2024). Profit margin: 0.2% (down from 2.4% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹955, the stock trades at a trailing P/E ratio of 50.6x. Average trailing P/E is 44x in the Electrical industry in India. Total returns to shareholders of 39% over the past three years. Announcement • Jan 10
Lakshmi Electrical Control Systems Limited to Report Q3, 2025 Results on Feb 10, 2025 Lakshmi Electrical Control Systems Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: ₹0.77 loss per share (vs ₹18.01 profit in 2Q 2024) Second quarter 2025 results: ₹0.77 loss per share (down from ₹18.01 profit in 2Q 2024). Revenue: ₹554.1m (down 46% from 2Q 2024). Net loss: ₹1.89m (down 104% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • Oct 09
Lakshmi Electrical Control Systems Limited to Report Q2, 2025 Results on Nov 08, 2024 Lakshmi Electrical Control Systems Limited announced that they will report Q2, 2025 results at 12:15 PM, Indian Standard Time on Nov 08, 2024 Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹3.36 (vs ₹22.50 in 1Q 2024) First quarter 2025 results: EPS: ₹3.36 (down from ₹22.50 in 1Q 2024). Revenue: ₹525.3m (down 43% from 1Q 2024). Net income: ₹8.27m (down 85% from 1Q 2024). Profit margin: 1.6% (down from 6.0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 26
Upcoming dividend of ₹15.00 per share Eligible shareholders must have bought the stock before 02 August 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 26% and the cash payout ratio is 80%. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.3%). Reported Earnings • Jul 05
Full year 2024 earnings released: EPS: ₹56.80 (vs ₹81.07 in FY 2023) Full year 2024 results: EPS: ₹56.80 (down from ₹81.07 in FY 2023). Revenue: ₹3.38b (down 6.3% from FY 2023). Net income: ₹139.6m (down 30% from FY 2023). Profit margin: 4.1% (down from 5.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹1,429, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 48x in the Electrical industry in India. Total returns to shareholders of 302% over the past three years. Announcement • May 25
Lakshmi Electrical Control Systems Limited, Annual General Meeting, Aug 09, 2024 Lakshmi Electrical Control Systems Limited, Annual General Meeting, Aug 09, 2024. Announcement • May 24
Lakshmi Electrical Control Systems Limited Recommends Dividend for the Financial Year Ended 31 March 2024, Payable on 7 September 2024 Lakshmi Electrical Control Systems Limited Board of Directors at their meeting held on 23 May 2024 recommended dividend of INR 15.00 (150%) per equity share of the face value of INR 10 each for the financial year ended 31 March 2024 subject to the approval of the shareholders at the upcoming Annual General Meeting (AGM). Upon approval of the shareholders dividend amount would be credited by 7 September 2024 to the account of the shareholders who have registered their bank account details with Depositories /the Company. The shareholders who have not registered their bank account details, dividend warrants will be dispatched by 7 September 2024. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹7.81 (vs ₹17.45 in 3Q 2023) Third quarter 2024 results: EPS: ₹7.81 (down from ₹17.45 in 3Q 2023). Revenue: ₹867.8m (down 5.6% from 3Q 2023). Net income: ₹19.2m (down 55% from 3Q 2023). Profit margin: 2.2% (down from 4.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹1,237, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 39x in the Electrical industry in India. Total returns to shareholders of 312% over the past three years. Buy Or Sell Opportunity • Feb 12
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to ₹1,237. The fair value is estimated to be ₹1,745, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jan 23
Lakshmi Electrical Control Systems Limited to Report Q3, 2024 Results on Feb 12, 2024 Lakshmi Electrical Control Systems Limited announced that they will report Q3, 2024 results on Feb 12, 2024 New Risk • Oct 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹4.00b market cap, or US$48.0m). Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: ₹18.01 (vs ₹27.44 in 2Q 2023) Second quarter 2024 results: EPS: ₹18.01 (down from ₹27.44 in 2Q 2023). Revenue: ₹1.04b (up 8.8% from 2Q 2023). Net income: ₹44.3m (down 34% from 2Q 2023). Profit margin: 4.3% (down from 7.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹1,793, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 36x in the Electrical industry in India. Total returns to shareholders of 653% over the past three years. Announcement • Sep 28
Lakshmi Electrical Control Systems Limited to Report Q2, 2024 Results on Oct 27, 2023 Lakshmi Electrical Control Systems Limited announced that they will report Q2, 2024 results on Oct 27, 2023 Reported Earnings • Jul 25
First quarter 2024 earnings released: EPS: ₹22.50 (vs ₹19.69 in 1Q 2023) First quarter 2024 results: EPS: ₹22.50 (up from ₹19.69 in 1Q 2023). Revenue: ₹952.8m (up 23% from 1Q 2023). Net income: ₹55.3m (up 14% from 1Q 2023). Profit margin: 5.8% (down from 6.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 10
Upcoming dividend of ₹22.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 17 July 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%). Announcement • Jul 04
Lakshmi Electrical Control Systems Limited to Report Q1, 2023 Results on Jul 24, 2023 Lakshmi Electrical Control Systems Limited announced that they will report Q1, 2023 results on Jul 24, 2023 Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,222, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 25x in the Electrical industry in India. Total returns to shareholders of 475% over the past three years. Reported Earnings • May 27
Full year 2023 earnings released: EPS: ₹81.07 (vs ₹63.01 in FY 2022) Full year 2023 results: EPS: ₹81.07 (up from ₹63.01 in FY 2022). Revenue: ₹3.64b (up 42% from FY 2022). Net income: ₹199.3m (up 29% from FY 2022). Profit margin: 5.5% (down from 6.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹875, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 20x in the Electrical industry in India. Total returns to shareholders of 310% over the past three years. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹17.45 (vs ₹15.24 in 3Q 2022) Third quarter 2023 results: EPS: ₹17.45 (up from ₹15.24 in 3Q 2022). Revenue: ₹919.2m (up 33% from 3Q 2022). Net income: ₹42.9m (up 14% from 3Q 2022). Profit margin: 4.7% (down from 5.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Jan 11
Lakshmi Electrical Control Systems Limited to Report Q3, 2023 Results on Feb 03, 2023 Lakshmi Electrical Control Systems Limited announced that they will report Q3, 2023 results on Feb 03, 2023 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹786, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 22x in the Electrical industry in India. Total returns to shareholders of 153% over the past three years. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Non-Executive Independent Director Arjun Balu was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Second quarter 2023 earnings released: EPS: ₹27.44 (vs ₹21.09 in 2Q 2022) Second quarter 2023 results: EPS: ₹27.44 (up from ₹21.09 in 2Q 2022). Revenue: ₹965.2m (up 38% from 2Q 2022). Net income: ₹67.5m (up 30% from 2Q 2022). Profit margin: 7.0% (down from 7.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 20% share price gain to ₹895, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 24x in the Electrical industry in India. Total returns to shareholders of 186% over the past three years. Announcement • Oct 06
Lakshmi Electrical Control Systems Limited to Report Q2, 2023 Results on Nov 04, 2022 Lakshmi Electrical Control Systems Limited announced that they will report Q2, 2023 results on Nov 04, 2022 Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 17% share price gain to ₹812, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 173% over the past three years. Announcement • Aug 06
Lakshmi Electrical Control Systems Limited Announces Dividend for the Financial Year 2021-22 Lakshmi Electrical Control Systems Limited announced that at its AGM held on 4 August 2022, the company announced dividend for the financial year 2021-22 at the rate of INR 15.00 per equity share of INR 10 each fully paid up (150%), be declared and paid out of the current profits of the Company for the financial year ended 31st March 2022 on 2,458,000 equity shares of INR 10 each absorbing INR 36.870 million (subject to deduction of tax at source) to the members whose name appear on the Register of Members of the Company as on 28th July, 2022 for those holding shares in physical form and as per the details furnished by the Depositories for this purpose as at the end of business hours on 28 July, 2022 in respect of the shares held in demat form. Upcoming Dividend • Jul 20
Upcoming dividend of ₹15.00 per share Eligible shareholders must have bought the stock before 27 July 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.4%. Within top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (0.6%). Reported Earnings • Jul 10
Full year 2022 earnings released: EPS: ₹63.01 (vs ₹12.44 in FY 2021) Full year 2022 results: EPS: ₹63.01 (up from ₹12.44 in FY 2021). Revenue: ₹2.56b (up 94% from FY 2021). Net income: ₹154.9m (up 406% from FY 2021). Profit margin: 6.0% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Jul 09
Lakshmi Electrical Control Systems Limited to Report Q2, 2022 Results on Aug 09, 2022 Lakshmi Electrical Control Systems Limited announced that they will report Q2, 2022 results on Aug 09, 2022 Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹63.01 (vs ₹12.44 in FY 2021) Full year 2022 results: EPS: ₹63.01 (up from ₹12.44 in FY 2021). Revenue: ₹2.59b (up 96% from FY 2021). Net income: ₹154.9m (up 406% from FY 2021). Profit margin: 6.0% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 08
Lakshmi Electrical Control Systems Limited to Report Q4, 2022 Results on May 25, 2022 Lakshmi Electrical Control Systems Limited announced that they will report Q4, 2022 results on May 25, 2022 Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Additional Independent Non-Executive Director Arjun Balu was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Additional Independent Non-Executive Director Arjun Balu was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Additional Independent Non-Executive Director Arjun Balu was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹15.24 (up from ₹0.36 in 3Q 2021). Revenue: ₹697.6m (up 80% from 3Q 2021). Net income: ₹37.5m (up ₹36.6m from 3Q 2021). Profit margin: 5.4% (up from 0.2% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 26% share price gain to ₹713, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 20x in the Electrical industry in India. Total returns to shareholders of 28% over the past three years. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS ₹21.09 (vs ₹2.53 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹710.1m (up 164% from 2Q 2021). Net income: ₹51.8m (up ₹45.6m from 2Q 2021). Profit margin: 7.3% (up from 2.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Jun 15
Lakshmi Electrical Control Systems Limited Announces Resumption of Operations Lakshmi Electrical Control Systems Limited has resumed the operations with minimal workforce as per the new directives issued by the Government of Tamilnadu. The Company will increase the workforce as per the directives that may be issued by the Government of Tamilnadu from time to time. The Company is taking precautionary measures as per the directives issued by the Government of Tamilnadu for COVID 19 pandemic. Announcement • May 29
Lakshmi Electrical Control Systems Limited Recommends Dividend for the Financial Year Ended March 31, 2021, Payable on September 4, 2021 Lakshmi Electrical Control Systems Limited announced at the board meeting held on May 28, 2021 that the company recommended dividend of INR 3.50 (35%) per equity share of the face value of INR 10/- each for the financial year ended 31st March, 2021 subject to the approval of the shareholders at the upcoming Annual General Meeting. Upon approval of the shareholders dividend amount would be credited by September 4, 2021 to the account of the shareholders who have registered their bank account details with Depositories /the Company. The shareholders who have not registered their bank account details, dividend warrants will be dispatched by September 4, 2021 or when normalcy returns. Announcement • May 24
Lakshmi Electrical Control Systems Limited Announces Suspension of Operations Lakshmi Electrical Control Systems Limited announced Suspension Of Operations Due To Lock Down Restrictions Issued By The Government Of Tamilnadu Considering COVID 19 Pandemic. Is New 90 Day High Low • Mar 16
New 90-day high: ₹333 The company is up 10.0% from a price of ₹301 on 16 December 2020. Underperformed the Indian market, which is up 13% over the last 90 days. Lagged the Electrical industry, which is up 26% over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: ₹331 The company is up 35% from its price of ₹245 on 21 October 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 41% over the same period. Announcement • Jan 04
Lakshmi Electrical Control Systems Limited to Report Q3, 2021 Results on Jan 25, 2021 Lakshmi Electrical Control Systems Limited announced that they will report Q3, 2021 results on Jan 25, 2021 Is New 90 Day High Low • Jan 01
New 90-day high: ₹306 The company is up 20% from its price of ₹255 on 01 October 2020. The Indian market is also up 20% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electrical industry, which is up 32% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: ₹285 The company is up 11% from its price of ₹256 on 04 September 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 20% over the same period. Reported Earnings • Oct 30
First half earnings released Over the last 12 months the company has reported total losses of ₹21.7m, with earnings decreasing by ₹84.2m from the prior year. Total revenue was ₹865.3m over the last 12 months, down 42% from the prior year. Announcement • Oct 05
Lakshmi Electrical Control Systems Limited to Report Q2, 2021 Results on Oct 29, 2020 Lakshmi Electrical Control Systems Limited announced that they will report Q2, 2021 results on Oct 29, 2020 