NSEI:LATTEYS

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Mediocre balance sheet with concerning outlook.

Risks

  • Latteys Industries is not covered by any analysts.

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


Market Performance


7 Day Return

0%

NSEI:LATTEYS

2.9%

IN Machinery

1.5%

IN Market


1 Year Return

n/a

NSEI:LATTEYS

-25.5%

IN Machinery

-11.2%

IN Market

No trading data on LATTEYS.

No trading data on LATTEYS.


Share holder returns

LATTEYSIndustryMarket
7 Day0%2.9%1.5%
30 Day0%2.3%1.1%
90 Day14.8%-14.0%-6.7%
1 Yearn/a-24.2%-25.5%-9.5%-11.2%
3 Yearn/a-2.4%-6.1%19.7%13.7%
5 Yearn/a32.5%25.2%34.6%21.9%

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 based on future cash flows and its price relative to the stock market?

30.2x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Latteys Industries to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Latteys Industries to establish if it is available at substantial discount.


Price Based on Earnings

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

Unable to calculate PEG ratio for Latteys Industries, we can't assess if its growth is good value.


Price Based on Value of Assets

Latteys Industries is overvalued based on assets compared to the IN Machinery industry average.


Next Steps

Future Growth

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

13.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Latteys Industries is high growth as no revenue estimate data is available.

Latteys Industries's earnings are expected to grow by 13.7% yearly, however this is not considered high growth (20% yearly).

Unable to compare Latteys Industries's revenue growth to the India market average as no estimate data is available.

Latteys Industries's earnings growth is positive but not above the India market average.

Latteys Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Latteys Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Latteys Industries performed over the past 5 years?

35.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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.


Return on Equity

Latteys Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Latteys Industries used its assets less efficiently than the IN Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Latteys Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Latteys Industries's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Latteys Industries's level of debt (89.1%) 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 89.1% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.3x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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.

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

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.


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Kapoor Garg (45yo)

1.8yrs

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

Kapoor's remuneration is about average for companies of similar size in India.

Insufficient data for Kapoor to compare compensation growth.


Management Age and Tenure

1.9yrs

Average Tenure

34yo

Average Age

The average tenure for the Latteys Industries management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.8yrs

Average Tenure

39yo

Average Age

The average tenure for the Latteys Industries board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Kapoor Garg (45yo)

    Chairman & MD

    • Tenure: 1.8yrs
    • Compensation: ₹1.92m
  • Pawan Garg (39yo)

    Whole Time Director

    • Tenure: 1.8yrs
    • Compensation: ₹1.92m
  • Viralbhai Patel (29yo)

    Chief Financial Officer

    • Tenure: 1.9yrs
    • Compensation: ₹150.07k
  • Jayesh Bhavsar (26yo)

    Company Secretary & Compliance Officer

    • Tenure: 1.9yrs
    • Compensation: ₹141.34k

Board Members

  • Kapoor Garg (45yo)

    Chairman & MD

    • Tenure: 1.8yrs
    • Compensation: ₹1.92m
  • Pawan Garg (39yo)

    Whole Time Director

    • Tenure: 1.8yrs
    • Compensation: ₹1.92m
  • Saroj Garg (44yo)

    Non-Executive Director

    • Tenure: 3.2yrs
  • Sandeep Mangal (30yo)

    Independent & Non-Executive Director

    • Tenure: 1.7yrs
  • Sachin Gupta (35yo)

    Independent & Non-Executive Director

    • Tenure: 1.7yrs

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: ₹239.183m
  • 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 Analysis2019/09/15 13:02
End of Day Share Price2019/07/24 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.