NSEI:LATTEYS

Stock Analysis Report

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Executive Summary

Latteys Industries Limited manufactures and sells pumps for domestic, agriculture, industrial, and horticultural sectors in India. More Details


Snowflake Analysis

Proven track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has Latteys Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine LATTEYS's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine LATTEYS's volatility change over the past year.


Market Performance


7 Day Return

0%

LATTEYS

2.5%

IN Machinery

3.2%

IN Market


1 Year Return

n/a

LATTEYS

47.6%

IN Machinery

40.6%

IN Market

Return vs Industry: Insufficient data to determine how LATTEYS performed against the Indian Machinery industry.

Return vs Market: Insufficient data to determine how LATTEYS performed against the Indian Market.


Shareholder returns

LATTEYSIndustryMarket
7 Day0%2.5%3.2%
30 Day4.6%5.7%4.2%
90 Day-17.3%23.6%14.8%
1 Yearn/a50.2%47.6%43.1%40.6%
3 Yearn/a11.0%5.9%29.1%22.5%
5 Yearn/a73.8%62.4%93.4%78.3%

Long-Term Price Volatility Vs. Market

How volatile is Latteys Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Latteys Industries undervalued compared to its fair value and its price relative to the market?

34.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LATTEYS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LATTEYS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LATTEYS is poor value based on its PE Ratio (34.1x) compared to the IN Machinery industry average (22.8x).

PE vs Market: LATTEYS is poor value based on its PE Ratio (34.1x) compared to the Indian market (18.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LATTEYS's PB Ratio (1.5x) is in line with the IN Machinery industry average.


Next Steps

Future Growth

How is Latteys Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.9%

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 Latteys Industries 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 Latteys Industries performed over the past 5 years?

-7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LATTEYS has high quality earnings.

Growing Profit Margin: LATTEYS's current net profit margins (3.1%) are higher than last year (1.1%).


Past Earnings Growth Analysis

Earnings Trend: LATTEYS's earnings have declined by 7.1% per year over the past 5 years.

Accelerating Growth: LATTEYS's earnings growth over the past year (134.6%) exceeds its 5-year average (-7.1% per year).

Earnings vs Industry: LATTEYS earnings growth over the past year (134.6%) exceeded the Machinery industry -7.9%.


Return on Equity

High ROE: LATTEYS's Return on Equity (4.4%) is considered low.


Next Steps

Financial Health

How is Latteys Industries's financial position?


Financial Position Analysis

Short Term Liabilities: LATTEYS's short term assets (₹310.9M) exceed its short term liabilities (₹191.0M).

Long Term Liabilities: LATTEYS's short term assets (₹310.9M) exceed its long term liabilities (₹48.8M).


Debt to Equity History and Analysis

Debt Level: LATTEYS's debt to equity ratio (97.6%) is considered high.

Reducing Debt: LATTEYS's debt to equity ratio has reduced from 395.1% to 97.6% over the past 5 years.

Debt Coverage: LATTEYS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: LATTEYS's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Latteys Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LATTEYS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LATTEYS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LATTEYS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LATTEYS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LATTEYS'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?

3.3yrs

Average board tenure


CEO

Kapoor Garg (46 yo)

3.33yrs

Tenure

₹1,920,000

Compensation

Mr. Kapoor Chand Garg has been Chairman & Managing Director of Latteys Industries Limited since November 23, 2017 and has been its Executive Director since April 02, 2013. Mr. Garg has a rich experience of...


CEO Compensation Analysis

Compensation vs Market: Kapoor's total compensation ($USD26.20K) is below average for companies of similar size in the Indian market ($USD42.06K).

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


Board Members

NamePositionTenureCompensationOwnership
Kapoor Garg
Chairman & MD3.33yrs₹1.92m68.41%
₹ 148.8m
Pawan Garg
Head of Marketing Department & Whole Time Director7.92yrs₹1.92m4.74%
₹ 10.3m
Saroj Garg
Non-Executive Director4.67yrsno data0.28%
₹ 610.2k
Sandeep Mangal
Independent & Non-Executive Director3.17yrsno datano data
Sachin Gupta
Independent & Non-Executive Director3.17yrsno datano data

3.3yrs

Average Tenure

40yo

Average Age

Experienced Board: LATTEYS's board of directors are considered experienced (3.3 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

Latteys Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Latteys Industries Limited
  • Ticker: LATTEYS
  • Exchange: NSEI
  • Founded: 2013
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹217.564m
  • Shares outstanding: 4.60m
  • Website: https://www.latteysindustries.com

Number of Employees


Location

  • Latteys Industries Limited
  • Plot No. 16
  • Phase 1/2
  • Ahmedabad
  • Gujarat
  • 382330
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LATTEYSNSEI (National Stock Exchange of India)YesEquity SharesININRJun 2018

Biography

Latteys Industries Limited manufactures and sells pumps for domestic, agriculture, industrial, and horticultural sectors in India. The company offers submersible, self-priming, shallow well, horizontal ope...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 12:21
End of Day Share Price2021/02/23 00:00
Earnings2020/09/30
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.