MarketFriction

Lakshmi Electrical Control Systems Ltd

BSE 504258 · Other Electrical Equipment
₹765.55 -1.68%
BSE close2026-10-01
Market cap₹187 Cr.
P/E161

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales102.0081.2361.9551.4253.4249.3758.1052.3958.3258.3968.4765.92
Expenses96.9378.8359.4150.2153.3049.1754.8151.9657.8659.5467.0965.72
Operating Profit5.072.402.541.210.120.203.290.430.46-1.151.380.20
OPM %4.97%2.95%4.10%2.35%0.22%0.41%5.66%0.82%0.79%-1.97%2.02%0.30%
Other Income1.841.091.260.671.990.991.451.201.211.191.261.75
Interest0.110.160.100.140.140.140.110.130.210.270.240.27
Depreciation0.770.800.850.900.920.920.920.930.930.930.900.91
Profit before tax6.032.532.850.841.050.133.710.570.53-1.161.500.77
Tax %26.53%24.11%27.37%2.38%118.10%0.00%27.22%-1.75%7.55%-8.62%20.67%33.77%
Net Profit4.431.922.080.83-0.190.132.700.570.48-1.051.190.52
EPS in Rs18.027.818.463.38-0.770.5310.982.321.95-4.274.842.12
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales187160188191113132256361338212238251
Expenses174149173180113128236334322207236250
Operating Profit13121611-04202716511
OPM %7%7%8%6%-0.1%3.0%8%8%4.7%2.3%0.5%0.3%
Other Income233431337555
Interest000000011111
Depreciation222222223444
Profit before tax1313171313212719612
Tax %34%31%29%22%53%-17%25%27%26%40%17%
Net Profit99121003152014311
EPS in Rs34.9935.8047.7641.541.7512.4563.0281.0856.7914.124.844.64
Dividend Payout %23%22%21%22%29%28%24%27%26%28%62%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth2%12%-13%18%
Compounded Profit Growth-18%-25%-61%-64%
Stock Price CAGR6%11%-21%-15%
Return on Equity5%4%2%0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital222222222222
Reserves8289135167168132174211230279283253
Borrowings1322550116871014
Other Liabilities382727322423395770495778
Total Liabilities124121186207200158226277310337353348
Fixed Assets232625262635333338445148
CWIP300000011303
Investments1115910310070103126130177185148
Other Assets889310277755389116141113116148
Total Assets124121186207200158226277310337353348
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-9211578-107111654
Cash from Investing Activity-89-184-4-1-1-1-8-9-5-6
Cash from Financing Activity-4-117-19-3-810-6-3-7-12
Net Cash Flow-22100-000-0-0-0000
Free Cash Flow-22-11125-3-103-69-3-2
CFO/OP-66%42%41%125%95%-6,143%-229%52%67%126%148%414%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days667088977899124959065100111
Inventory Days5138414249811085440417085
Days Payable75465957427010874673568120
Cash Conversion Cycle426271828511012475627010376
Working Capital Days5564516769103906355567964
ROCE %15%15%11%10%7%1%3%10%12%7%2%1%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters36.14%36.14%36.14%36.14%36.14%36.14%36.14%36.14%36.14%36.14%36.14%36.14%
Public63.86%63.86%63.86%63.87%63.86%63.87%63.86%63.86%63.87%63.86%63.86%63.86%
No. of Shareholders9,84110,30210,1539,9669,8759,6629,5529,5309,4329,2629,0268,916

Fundamentals

Market Cap₹ 187 Cr.
Current Price₹ 761
Stock P/E161
Book Value₹ 1,038
ROCE0.82 %
ROE0.44 %
Dividend Yield0.39 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)18%
Compounded Profit Growth (TTM)-64%
Standalone figures.
Valuation
Market capRs 188 Cr
Enterprise valueRs 186 Cr
P/E (TTM)165.06x
Price to book0.74x
Price to sales0.75x
EV / EBITDA29.59x
EV / EBIT70.89x
EV / sales0.74x
Price to cash flow51.00x
Earnings yield0.61%
Dividend yield0.39%
P/E, 3-year average82.92x
P/B, 3-year average0.98x
P/E, 5-year average53.50x
P/B, 5-year average0.88x
Profitability
Operating margin (excl. other income)0.47%
Operating margin (incl. other income)2.52%
EBITDA margin2.51%
Pre-tax margin0.65%
Net profit margin0.45%
Net margin, latest quarter0.79%
ROE0.44%
ROCE0.81%
ROA0.34%
ROE, 3-year average2.37%
ROCE, 3-year average3.44%
ROA, 3-year average1.89%
ROE, 5-year average4.80%
ROCE, 5-year average6.56%
ROA, 5-year average3.73%
ROIC (approx.)0.86%
Tax rate16.67%
Other income / net worth1.91%
Growth
Sales growth (latest year)11.90%
Profit growth (latest year)-65.71%
Sales CAGR, 3 years-13.00%
Sales CAGR, 5 years12.43%
Profit CAGR, 3 years-60.91%
Profit CAGR, 5 years-17.21%
Sales growth QoQ-3.72%
Profit growth QoQ-56.30%
Sales growth YoY (latest quarter)25.83%
Profit growth YoY (latest quarter)-8.77%
Per share
EPS (TTM)Rs 4.64
EPS (latest year)Rs 4.84
EPS (latest quarter)Rs 2.12
EPS, 3-year averageRs 25.25
EPS, 5-year averageRs 43.97
Book value per shareRs 1,038.12
Sales per shareRs 1,021.56
Cash flow per shareRs 15.01
Free cash flow per shareRs -8.14
Dividend per share (latest year)Rs 3.01
Dividend per share, 3-year averageRs 7.34
Dividend per share, 5-year averageRs 11.81
Dividends
Dividend payout62.18%
Dividend payout, 3-year average38.95%
Dividend payout, 5-year average33.57%
Efficiency
Asset turnover0.68x
Fixed asset turnover4.93x
Inventory turnover4.57x
Inventory days80 days
Debtor days111 days
Debtors turnover3.28x
Creditor days120 days
Cash conversion cycle76 days
Working capital days64 days
Leverage
Total debtRs 14 Cr
Cash and bankRs 16 Cr
Net debtRs -2 Cr
Debt to equity0.06x
Net debt / EBITDA-0.28x
Interest coverage2.66x
Owners' fund to total sources73.35%
Debt to assets4.15%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs 2 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Cash from ops / profit, 5 years0.81x
Sales to cash flow64.38x
Statement figures
Net sales (TTM)Rs 251 Cr
Net sales (latest year)Rs 238 Cr
Sales (latest quarter)Rs 66 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 190 Cr
Total expenditure (latest year)Rs 236 Cr
Total income (latest year)Rs 242 Cr
Share capitalRs 2 Cr
ReservesRs 253 Cr
Shareholders' fundsRs 255 Cr
Total assetsRs 348 Cr
Net blockRs 48 Cr
Capital work in progressRs 3 Cr
InvestmentsRs 148 Cr
ReceivablesRs 72 Cr
InventoryRs 42 Cr
Other liabilitiesRs 78 Cr
Shares outstanding (crore)0.25
Ownership
Promoter holding36.14% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 165.1 is at the 94th percentile of its own 9.4-year range (median 21.3, low 4.8, high 216.6).
P/B 0.74 is at the 36th percentile (median 0.81).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period504258Nifty 50Difference
1 week-4.3%-2.8% -1.5 pts
1 month-8.6%-6.8% -1.9 pts
3 months-2.6%-7.6% +5.0 pts
3 years-49.8%+14.2% -64.0 pts
5 years+74.1%+27.9% +46.2 pts

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 42% while net profit fell in 2026
lookProfit leans on other income Other income was 338% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹66 Cr +25.8% vs Jun 2025. Net profit ₹1 Cr -8.8%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Lakshmi Electrical Control Systems Ltd?

Lakshmi Electrical Control Systems Ltd (504258) has a market capitalisation of Rs 187 Cr. at the 2026-10-01 close.

What is the P/E ratio of Lakshmi Electrical Control Systems Ltd?

Lakshmi Electrical Control Systems Ltd trades at a P/E of 161 on trailing twelve-month profit, at the 2026-10-01 close.

What were Lakshmi Electrical Control Systems Ltd's latest quarterly results?

In the Jun 2026 quarter, Lakshmi Electrical Control Systems Ltd sales was Rs 66 Cr (+25.8% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03