Lakshmi Electrical Control Systems Limited manufactures and sells control panels and plastic components in India. More Details
Excellent balance sheet and overvalued.
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.
7 Day Return
1 Year Return
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.
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
Is Lakshmi Electrical Control Systems undervalued compared to its fair value and its price relative to the market?
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).
How is Lakshmi Electrical Control Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Lakshmi Electrical Control Systems's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Lakshmi Electrical Control Systems competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Lakshmi Electrical Control Systems performed over the past 5 years?
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.
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.
What is Lakshmi Electrical Control Systems's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nethra Jayavarthanavelu Kumar (48 yo)
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.
|Chairperson & MD||10.25yrs||no data||30.95% |
|Chief Financial Officer||2.75yrs||₹2.80m||no data|
|Vice President of Operations||no data||₹3.69m||no data|
|Compliance Officer & Company Secretary||5.17yrs||₹2.23m||no data|
|Group Head of HR||no data||₹2.68m||no data|
Experienced Management: 504258's management team is seasoned and experienced (5.2 years average tenure).
|Chairperson & MD||10.25yrs||no data||30.95% |
|Non-Executive Non-Independent Director||31.33yrs||₹75.00k||no data|
|Independent Non-Executive Director||38.08yrs||₹250.00k||no data|
|Non-Executive Non-Independent Director||23.58yrs||₹175.00k||0.0041% |
|Non Executive Independent Director||9.42yrs||₹300.00k||no data|
|Non-Executive Independent Director||7.75yrs||₹225.00k||no data|
|Additional Non-Executive Non-Independent Director||1.67yrs||₹100.00k||no data|
|Non-Executive Independent Director||7.75yrs||₹175.00k||no data|
Experienced Board: 504258's board of directors are considered experienced (8.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lakshmi Electrical Control Systems Limited's company bio, employee growth, exchange listings and data sources
- 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
- Lakshmi Electrical Control Systems Limited
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|504258||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2001|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 12:34|
|End of Day Share Price||2020/10/26 00:00|
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.