NSEI:LUXIND

Stock Analysis Report

Executive Summary

Lux Industries Limited manufactures and sells knitwear in India.


Snowflake Analysis

Outstanding track record with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LUXIND has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.5%

LUXIND

3.0%

IN Luxury

0.2%

IN Market


1 Year Return

21.6%

LUXIND

11.9%

IN Luxury

7.2%

IN Market

Return vs Industry: LUXIND exceeded the Indian Luxury industry which returned 8.4% over the past year.

Return vs Market: LUXIND exceeded the Indian Market which returned 6.7% over the past year.


Shareholder returns

LUXINDIndustryMarket
7 Day-0.5%3.0%0.2%
30 Day5.9%4.4%2.1%
90 Day21.3%1.2%5.7%
1 Year22.0%21.6%12.7%11.9%9.2%7.2%
3 Year100.9%99.8%57.4%55.4%33.1%26.2%
5 Yearn/a98.1%94.6%35.6%23.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

23.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LUXIND (₹1494.3) is trading below our estimate of fair value (₹1948.25)

Significantly Below Fair Value: LUXIND is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LUXIND is poor value based on its PE Ratio (31.5x) compared to the Luxury industry average (11.2x).

PE vs Market: LUXIND is poor value based on its PE Ratio (31.5x) compared to the Indian market (13.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LUXIND is overvalued based on its PB Ratio (8.2x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

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

20.2%

Forecasted Consumer Durables 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 Lux 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 Lux Industries performed over the past 5 years?

21.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LUXIND has high quality earnings.

Growing Profit Margin: LUXIND's current net profit margins (9.3%) are higher than last year (7.7%).


Past Earnings Growth Analysis

Earnings Trend: LUXIND's earnings have grown significantly by 21.9% per year over the past 5 years.

Accelerating Growth: LUXIND's earnings growth over the past year (37.3%) exceeds its 5-year average (21.9% per year).

Earnings vs Industry: LUXIND earnings growth over the past year (37.3%) exceeded the Luxury industry 1.2%.


Return on Equity

High ROE: LUXIND's Return on Equity (26%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Lux Industries's financial position?


Financial Position Analysis

Short Term Liabilities: LUXIND's short term assets (₹7.1B) exceed its short term liabilities (₹3.9B).

Long Term Liabilities: LUXIND's short term assets (₹7.1B) exceed its long term liabilities (₹124.6M).


Debt to Equity History and Analysis

Debt Level: LUXIND's debt to equity ratio (43.5%) is considered high.

Reducing Debt: LUXIND's debt to equity ratio has reduced from 267.3% to 43.5% over the past 5 years.

Debt Coverage: LUXIND's debt is well covered by operating cash flow (80.5%).

Interest Coverage: LUXIND's interest payments on its debt are well covered by EBIT (11.8x coverage).


Balance Sheet

Inventory Level: LUXIND has a high level of physical assets or inventory.

Debt Coverage by Assets: LUXIND's debt is covered by short term assets (assets are 3.5x debt).


Next Steps

Dividend

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

0.24%

Current Dividend Yield


Dividend Yield vs Market

company0.2%marketbottom25%0.6%markettop25%2.3%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: LUXIND's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: LUXIND's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (2.31%).


Stability and Growth of Payments

Stable Dividend: LUXIND is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: LUXIND 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: LUXIND is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LUXIND's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

12.2yrs

Average board tenure


CEO

Pradip Todi (57yo)

0yrs

Tenure

₹30,000,000

Compensation

Mr. Pradip Kumar Todi, M.D. serves as the Managing Director and Executive Director of Lux Industries Limited. Mr. Todi has sound technical knowhow and vast experience in the hosiery industry. He has over 3 ...


CEO Compensation Analysis

Compensation vs Market: Pradip's total compensation ($USD423.35K) is about average for companies of similar size in the Indian market ($USD402.62K).

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


Board Age and Tenure

12.2yrs

Average Tenure

60yo

Average Age

Experienced Board: LUXIND's board of directors are seasoned and experienced ( 12.2 years average tenure).


Insider Trading

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.


Management Team

  • Ashok Todi (60yo)

    Executive Chairman

    • Compensation: ₹30.00m
  • Pradip Todi (57yo)

    MD & Executive Director

    • Compensation: ₹30.00m
  • Ajay Patodia (45yo)

    Chief Financial Officer

    • Compensation: ₹3.92m
  • Smita Mishra

    Company Secretary & Compliance Officer

    • Tenure: 2.9yrs
    • Compensation: ₹1.16m
  • Bibekananda Maity (50yo)

    Head of Information Technology

    • Anand Poddar (34yo)

      Head of Advertisement

      • Saket Todi (30yo)

        President of Marketing

        • Udit Todi (30yo)

          President of Strategy

          • Priyanka Todi (35yo)

            Vice President of Electronic Media

            • Sanjay Mittal

              Vice President of Sales


              Board Members

              • Ashok Todi (60yo)

                Executive Chairman

                • Compensation: ₹30.00m
              • Nandanandan Mishra (77yo)

                Independent Non-Executive Director

                • Tenure: 12.5yrs
                • Compensation: ₹90.00k
              • Pradip Todi (57yo)

                MD & Executive Director

                • Compensation: ₹30.00m
              • Snehasish Ganguly

                Independent Non-Executive Director

                • Tenure: 16.3yrs
                • Compensation: ₹80.00k
              • Kamal Agarwal

                Independent Non-Executive Director

                • Tenure: 11.8yrs
                • Compensation: ₹110.00k
              • Prabha Todi

                Executive Director

                • Tenure: 4.9yrs
              • Rusha Mitra

                Independent Director

                • Tenure: 0.8yrs

              Company Information

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


              Key Information

              • Name: Lux Industries Limited
              • Ticker: LUXIND
              • Exchange: NSEI
              • Founded: 1957
              • Industry: Apparel, Accessories and Luxury Goods
              • Sector: Consumer Durables
              • Market Cap: ₹37.487b
              • Shares outstanding: 25.25m
              • Website: https://www.luxinnerwear.com

              Number of Employees


              Location

              • Lux Industries Limited
              • PS Srijan Tech Park
              • 10th Floor
              • Kolkata
              • West Bengal
              • 700091
              • India

              Listings

              TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
              539542BSE (Mumbai Stock Exchange)INR2ININRNo data
              LUXINDNSEI (National Stock Exchange of India)INR2ININRNo data
              LUXINDNSEI (National Stock Exchange of India)YesEquity SharesININRNov 2015
              539542BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2015

              Biography

              Lux Industries Limited manufactures and sells knitwear in India. The company primarily offers vests, briefs, boxers, T-shirts, shirts, shorts, winter wear, panties, racer backs, camisole straps, and slips under the Lux Venus, Lux Classic, Lux Karishma, Lux Touch, GenX, Lux Cozi, Lux Cozi Big Shot, Lux Cott’s Wool, Lux Inferno, Lux Mozze, ONN, Lyra, Lux Cozi GLO, Lux Cozi Her, and One8 for men, women, and children. It also exports its products. The company was formerly known as Biswanath Hosiery Mills and changed its name to Lux Industries Limited in 1995. Lux Industries Limited was founded in 1957 and is headquartered in Kolkata, India. 


              Company Analysis and Financial Data Status

              All financial data provided by Standard & Poor's Capital IQ.
              DataLast Updated (UTC time)
              Company Analysis2020/01/21 13:07
              End of Day Share Price2020/01/20 00:00
              Earnings2019/09/30
              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.