Latteys Industries Limited manufactures and sells pumps for domestic, agriculture, industrial, and horticultural sectors in India. More Details
+ 1 more risk
Proven track record with mediocre balance sheet.
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.
7 Day Return
1 Year Return
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.
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
1 month ago | Simply Wall StIs Latteys Industries (NSE:LATTEYS) A Risky Investment?
3 months ago | Simply Wall StLatteys Industries Limited's (NSE:LATTEYS) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
5 months ago | Simply Wall StLatteys Industries Limited (NSE:LATTEYS) Investors Are Less Pessimistic Than Expected
Is Latteys Industries undervalued compared to its fair value and its price relative to the market?
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.
How is Latteys Industries 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 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.
- Check out Latteys Industries's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Latteys Industries 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 Latteys Industries performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kapoor Garg (46 yo)
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.
|Chairman & MD||3.33yrs||₹1.92m||68.41% |
|Head of Marketing Department & Whole Time Director||7.92yrs||₹1.92m||4.74% |
|Non-Executive Director||4.67yrs||no data||0.28% |
|Independent & Non-Executive Director||3.17yrs||no data||no data|
|Independent & Non-Executive Director||3.17yrs||no data||no data|
Experienced Board: LATTEYS's board of directors are considered experienced (3.3 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.
Latteys Industries Limited's company bio, employee growth, exchange listings and data sources
- 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
- Latteys Industries Limited
- Plot No. 16
- Phase 1/2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LATTEYS||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jun 2018|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/07 12:21|
|End of Day Share Price||2021/02/23 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.