Loading...

Latteys Industries

NSEI:LATTEYS
Snowflake Description

Mediocre balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LATTEYS
NSEI
₹228M
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

Latteys Industries Limited manufactures and sells pumps for domestic, agriculture, industrial, and horticultural sectors in India. The last earnings update was 49 days ago. More info.


Add to Portfolio Compare Print
  • Latteys Industries has significant price volatility in the past 3 months.
LATTEYS Share Price and Events
7 Day Returns
0%
NSEI:LATTEYS
-2.2%
IN Machinery
-0.5%
IN Market
1 Year Returns
-23.8%
NSEI:LATTEYS
-10.9%
IN Machinery
-2.4%
IN Market
LATTEYS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Latteys Industries (LATTEYS) 0% 9.3% -23.3% -23.8% - -
IN Machinery -2.2% -2.8% -10.7% -10.9% 5.8% 51%
IN Market -0.5% -2% -4.8% -2.4% 21.3% 31.2%
1 Year Return vs Industry and Market
  • LATTEYS underperformed the Machinery industry which returned -10.9% over the past year.
  • LATTEYS underperformed the Market in India which returned -2.4% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

LATTEYS Value

 Is Latteys Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Latteys Industries. This is due to cash flow or dividend data being unavailable. The share price is ₹49.5.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Latteys Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Latteys Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:LATTEYS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹1.72
NSEI:LATTEYS Share Price ** NSEI (2019-06-26) in INR ₹49.5
India Machinery Industry PE Ratio Median Figure of 145 Publicly-Listed Machinery Companies 13.48x
India Market PE Ratio Median Figure of 2,834 Publicly-Listed Companies 14.62x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Latteys Industries.

NSEI:LATTEYS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:LATTEYS Share Price ÷ EPS (both in INR)

= 49.5 ÷ 1.72

28.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Latteys Industries is overvalued based on earnings compared to the IN Machinery industry average.
  • Latteys Industries is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Latteys Industries's expected growth come at a high price?
Raw Data
NSEI:LATTEYS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
13.1%per year
India Machinery Industry PEG Ratio Median Figure of 26 Publicly-Listed Machinery Companies 1.52x
India Market PEG Ratio Median Figure of 535 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Latteys Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Latteys Industries's assets?
Raw Data
NSEI:LATTEYS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹29.46
NSEI:LATTEYS Share Price * NSEI (2019-06-26) in INR ₹49.5
India Machinery Industry PB Ratio Median Figure of 167 Publicly-Listed Machinery Companies 1.28x
India Market PB Ratio Median Figure of 3,669 Publicly-Listed Companies 0.94x
NSEI:LATTEYS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:LATTEYS Share Price ÷ Book Value per Share (both in INR)

= 49.5 ÷ 29.46

1.68x

* Primary Listing of Latteys Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Latteys Industries is overvalued based on assets compared to the IN Machinery industry average.
X
Value checks
We assess Latteys Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Latteys Industries has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LATTEYS Future Performance

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

  • No analysts cover Latteys Industries, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Latteys Industries expected to grow at an attractive rate?
  • Latteys Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Latteys Industries's earnings growth is positive but not above the India market average.
  • Unable to compare Latteys Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:LATTEYS Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:LATTEYS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13.1%
India Machinery Industry Earnings Growth Rate Market Cap Weighted Average 12%
India Machinery Industry Revenue Growth Rate Market Cap Weighted Average 11.8%
India Market Earnings Growth Rate Market Cap Weighted Average 17%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:LATTEYS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:LATTEYS Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 271 8
2018-03-31 327 -8 11
2017-03-31 357 9 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Latteys Industries's earnings are expected to grow by 13.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Latteys Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:LATTEYS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Latteys Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:LATTEYS Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 1.72
2018-03-31 3.12
2017-03-31 4.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Latteys Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Latteys Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Latteys Industries has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LATTEYS Past Performance

  How has Latteys Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Latteys Industries's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Latteys Industries has delivered over 20% year on year earnings growth in the past 5 years.
  • Latteys Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Latteys Industries's 1-year earnings growth is negative, it can't be compared to the IN Machinery industry average.
Earnings and Revenue History
Latteys Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Latteys Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:LATTEYS Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 270.93 7.92 22.97
2018-03-31 326.78 10.52 17.53
2017-03-31 356.96 6.44 15.98
2016-03-31 260.33 3.11 49.89
2015-03-31 215.24 1.40 35.34
2014-03-31 185.55 1.41 24.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Latteys Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Latteys Industries used its assets less efficiently than the IN Machinery industry average last year based on Return on Assets.
  • Latteys Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Latteys Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Latteys Industries has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LATTEYS Health

 How is Latteys Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Latteys Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Latteys Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Latteys Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Latteys Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Latteys Industries Company Filings, last reported 3 months ago.

NSEI:LATTEYS Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 135.65 110.31 4.00
2018-03-31 51.22 117.45 -0.51
2017-03-31 34.58 97.31 8.90
2016-03-31 24.96 82.04 2.33
2015-03-31 13.35 69.69 1.01
2014-03-31 9.06 58.40 0.75
  • Latteys Industries's level of debt (81.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (644.2% vs 81.3% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Latteys Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Latteys Industries has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LATTEYS Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Latteys Industries dividends.
If you bought ₹2,000 of Latteys Industries shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Latteys Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Latteys Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:LATTEYS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Machinery Industry Average Dividend Yield Market Cap Weighted Average of 98 Stocks 1.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1446 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Latteys Industries has not reported any payouts.
  • Unable to verify if Latteys Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Latteys Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Latteys Industries has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Latteys Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Latteys Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Latteys Industries has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LATTEYS Management

 What is the CEO of Latteys Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kapoor Garg
COMPENSATION ₹1,920,000
AGE 45
TENURE AS CEO 1.7 years
CEO Bio

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 approximately 15 years in Pump Industry. He is the key person and the guiding force behind all the corporate decisions, formulation and implementation of business strategy for growth & expansion. At present he looks after the overall working of the company.

CEO Compensation
  • Insufficient data for Kapoor to compare compensation growth.
  • Kapoor's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Latteys Industries management team in years:

1.8
Average Tenure
34
Average Age
  • The average tenure for the Latteys Industries management team is less than 2 years, this suggests a new team.
Management Team

Kapoor Garg

TITLE
Chairman & MD
COMPENSATION
₹2M
AGE
45
TENURE
1.7 yrs

Viralbhai Patel

TITLE
Chief Financial Officer
COMPENSATION
₹150K
AGE
29
TENURE
1.8 yrs

Jayesh Bhavsar

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹141K
AGE
26
TENURE
1.8 yrs

Pawan Garg

TITLE
Whole Time Director
COMPENSATION
₹2M
AGE
39
Board of Directors Tenure

Average tenure and age of the Latteys Industries board of directors in years:

1.7
Average Tenure
39
Average Age
  • The average tenure for the Latteys Industries board of directors is less than 3 years, this suggests a new board.
Board of Directors

Kapoor Garg

TITLE
Chairman & MD
COMPENSATION
₹2M
AGE
45
TENURE
1.7 yrs

Pawan Garg

TITLE
Whole Time Director
COMPENSATION
₹2M
AGE
39
TENURE
1.7 yrs

Sandeep Mangal

TITLE
Independent & Non-Executive Director
AGE
30
TENURE
1.5 yrs

Saroj Garg

TITLE
Non-Executive Director
AGE
44
TENURE
3 yrs

Sachin Gupta

TITLE
Independent & Non-Executive Director
AGE
35
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Latteys Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Latteys Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LATTEYS News

Simply Wall St News

Here's What Latteys Industries Limited's (NSE:LATTEYS) P/E Is Telling Us

We'll look at Latteys Industries Limited's (NSE:LATTEYS) P/E ratio and reflect on what it tells us about the company's share price. … The formula for P/E is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Latteys Industries: P/E of 28.78 = ₹49.5 ÷ ₹1.72 (Based on the trailing twelve months to March 2019.) Is A High P/E Ratio Good? … NSEI:LATTEYS Price Estimation Relative to Market, July 3rd 2019 Its relatively high P/E ratio indicates that Latteys Industries shareholders think it will perform better than other companies in its industry classification.

Simply Wall St -

Is Latteys Industries Limited's (NSE:LATTEYS) 5.8% ROE Worse Than Average?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Latteys Industries: 5.8% = ₹7.9m ÷ ₹136m (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Combining Latteys Industries's Debt And Its 5.8% Return On Equity Latteys Industries has a debt to equity ratio of 0.81, which is far from excessive. … If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

Simply Wall St -

Could Latteys Industries Limited's (NSE:LATTEYS) Investor Composition Influence The Stock Price?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' Latteys Industries is a smaller company with a market capitalization of ₹253m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Latteys Industries NSEI:LATTEYS Ownership Summary, May 25th 2019 What Does The Lack Of Institutional Ownership Tell Us About Latteys Industries? … Insider Ownership Of Latteys Industries While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.

Simply Wall St -

What Kind Of Shareholder Appears On The Latteys Industries Limited's (NSE:LATTEYS) Shareholder Register?

The big shareholder groups in Latteys Industries Limited (NSE:LATTEYS) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Latteys Industries is not a large company by global standards.

Simply Wall St -

Latteys Industries Limited (NSE:LATTEYS) Is Employing Capital Very Effectively

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand Latteys Industries Limited (NSE:LATTEYS)

To keep it practical, we'll show how Latteys Industries Limited's (NSE:LATTEYS) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Latteys Industries's P/E ratio is 10.45. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

What Kind Of Shareholder Owns Most Latteys Industries Limited (NSE:LATTEYS) Stock?

A look at the shareholders of Latteys Industries Limited (NSE:LATTEYS) can tell us which group is most powerful. … With a market capitalization of ₹259m, Latteys Industries is a small cap stock, so it might not be well known by many institutional investors. … We can zoom in on the different ownership groups, to learn more about LATTEYS

Simply Wall St -

Boasting A 21% Return On Equity, Is Latteys Industries Limited (NSE:LATTEYS) A Top Quality Stock?

Latteys Industries has a ROE of 21%, based on the last twelve months. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.21 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Investors Should Know About Latteys Industries Limited's (NSE:LATTEYS) Financial Strength

Latteys Industries Limited (NSE:LATTEYS) is a small-cap stock with a market capitalization of ₹310.25m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

LATTEYS Company Info

Description

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 open well submersible, and pressure booster pumps, as well as centrifugal monoblock pumpsets; and induction motors. It also provides support services. Latteys Industries Limited was incorporated in 2013 and is based in Ahmedabad, India.

Details
Name: Latteys Industries Limited
LATTEYS
Exchange: NSEI
Founded: 2013
₹227,683,467
4,599,666
Website: http://www.latteysindustries.com
Address: Latteys Industries Limited
Plot No. 16,
Phase-1/2,
Ahmedabad,
Gujarat, 382330,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI LATTEYS Equity Shares National Stock Exchange of India IN INR 05. Jun 2018
Number of employees
Current staff
Staff numbers
92
Latteys Industries employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 13:07
End of day share price update: 2019/06/26 00:00
Last earnings filing: 2019/05/31
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.