Price
Financials
Consolidated, Rs crore| Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 86.41 | 95.75 | 92.97 | 90.01 | 68.30 | 88.53 | 78.35 | 92.86 | 85.60 | 72.65 | 84.59 | 87.71 |
| Expenses | 78.37 | 80.01 | 78.14 | 82.06 | 60.32 | 78.25 | 65.04 | 76.77 | 73.84 | 61.15 | 71.18 | 75.72 |
| Operating Profit | 8.04 | 15.74 | 14.83 | 7.95 | 7.98 | 10.28 | 13.31 | 16.09 | 11.76 | 11.50 | 13.41 | 11.99 |
| OPM % | 9.30% | 16.44% | 15.95% | 8.83% | 11.68% | 11.61% | 16.99% | 17.33% | 13.74% | 15.83% | 15.85% | 13.67% |
| Other Income | 0.40 | 0.12 | 0.24 | 0.28 | 0.15 | 0.09 | 1.28 | 1.62 | 0.53 | 0.89 | 0.84 | 0.35 |
| Interest | 1.29 | 1.31 | 1.74 | 1.77 | 1.70 | 1.33 | 1.05 | 1.24 | 0.86 | 0.87 | 1.01 | 0.83 |
| Depreciation | 2.91 | 3.46 | 2.65 | 2.91 | 3.66 | 2.51 | 1.65 | 1.30 | 1.25 | 1.66 | 1.45 | 1.67 |
| Profit before tax | 4.24 | 11.09 | 10.68 | 3.55 | 2.77 | 6.53 | 11.89 | 15.17 | 10.18 | 9.86 | 11.79 | 9.84 |
| Tax % | 42.45% | 26.24% | 35.67% | 41.69% | 69.68% | 37.83% | 36.50% | 31.11% | 33.79% | 35.19% | 30.87% | 17.68% |
| Net Profit | 2.44 | 8.18 | 6.88 | 2.07 | 0.84 | 4.06 | 7.54 | 10.45 | 6.74 | 6.38 | 8.14 | 8.10 |
| EPS in Rs | 0.87 | 2.92 | 2.46 | 0.74 | 0.30 | 1.45 | 2.69 | 3.73 | 2.41 | 2.28 | 2.91 | 2.89 |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 384 | 437 | 419 | 452 | 483 | 494 | 365 | 327 | 331 |
| Expenses | 354 | 426 | 401 | 411 | 474 | 447 | 319 | 284 | 282 |
| Operating Profit | 30 | 11 | 18 | 41 | 9 | 47 | 46 | 43 | 49 |
| OPM % | 8% | 2.6% | 4.3% | 9% | 1.8% | 9% | 13% | 13% | 15% |
| Other Income | 1 | 0 | 1 | -0 | 5 | 62 | 2 | 9 | 3 |
| Interest | 17 | 18 | 17 | 23 | 22 | 16 | 7 | 6 | 4 |
| Depreciation | 11 | 13 | 13 | 14 | 16 | 15 | 12 | 9 | 6 |
| Profit before tax | 3 | -20 | -11 | 4 | -24 | 78 | 30 | 36 | 42 |
| Tax % | 49% | -0% | -11% | -56% | 2% | 15% | 34% | 37% | |
| Net Profit | 2 | -20 | -10 | 6 | -24 | 66 | 20 | 23 | 29 |
| EPS in Rs | 0.58 | -7.14 | -3.61 | 2.04 | -8.60 | 23.71 | 6.99 | 8.18 | 10.49 |
| Dividend Payout % | 69% | 0% | 0% | 0% | 0% | 68% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -5% | -12% | 1% | ||
| Compounded Profit Growth | % | 35% | 44% | 19% | ||
| Stock Price CAGR | 3% | % | % | % | ||
| Return on Equity | % | 9% | 20% | 18% |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 114 | 94 | 84 | 90 | 65 | 75 | 89 | 114 |
| Borrowings | 141 | 146 | 146 | 169 | 179 | 72 | 56 | 65 |
| Other Liabilities | 60 | 73 | 94 | 94 | 150 | 115 | 67 | 55 |
| Total Liabilities | 343 | 341 | 351 | 381 | 422 | 290 | 240 | 263 |
| Fixed Assets | 114 | 106 | 110 | 103 | 126 | 68 | 53 | 51 |
| CWIP | 8 | 12 | 3 | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 221 | 223 | 238 | 278 | 296 | 222 | 187 | 210 |
| Total Assets | 343 | 341 | 351 | 381 | 422 | 290 | 240 | 263 |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 29 | 28 | 39 | -1 | 34 | -11 | 151 | 18 |
| Cash from Investing Activity | -19 | -10 | -13 | -2 | 1 | 91 | -4 | 49 |
| Cash from Financing Activity | -5 | -11 | -15 | 4 | -43 | -72 | -57 | 3 |
| Net Cash Flow | 5 | 7 | 11 | 0 | -9 | 9 | 91 | 70 |
| Free Cash Flow | 8 | 19 | 24 | -4 | 31 | -12 | 147 | 2 |
| CFO/OP | 107% | 259% | 198% | 10% | 389% | 55% | 346% | 60% |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 82 | 93 | 100 | 79 | 42 | 58 | 79 |
| Inventory Days | 198 | 132 | 143 | 170 | 173 | 134 | 161 | 172 |
| Days Payable | 56 | 45 | 69 | 89 | 123 | 77 | 92 | 72 |
| Cash Conversion Cycle | 213 | 169 | 167 | 181 | 129 | 99 | 126 | 179 |
| Working Capital Days | 150 | 116 | 104 | 129 | 90 | 55 | 106 | 142 |
| ROCE % | -1% | 2% | 11% | -1% | 23% | 21% | 22% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | |
|---|---|---|---|---|---|
| Promoters | 61.93% | 61.93% | 61.93% | 61.93% | 61.93% |
| FIIs | 0.15% | 0.84% | 0.84% | 0.73% | 0.99% |
| DIIs | 0.25% | 0.19% | 0.19% | 0.18% | 0.27% |
| Public | 37.67% | 37.04% | 37.04% | 37.16% | 36.81% |
| No. of Shareholders | 23,269 | 23,037 | 23,543 | 23,388 | 22,805 |
Fundamentals
Market Cap₹ 616 Cr.
Current Price₹ 220
Stock P/E22.7
Book Value₹ 59.7
ROCE22.5 %
ROE17.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1%
Compounded Profit Growth (TTM)19%
Consolidated figures.
Valuation
Market capRs 616 Cr
Enterprise valueRs 664 Cr
P/E (TTM)21.00x
Price to book6.00x
Price to sales1.86x
EV / EBITDA12.95x
EV / EBIT14.68x
EV / sales2.01x
Earnings yield4.76%
Dividend yield7.27%
P/E, 3-year average16.68x
P/B, 3-year average1.77x
P/E, 5-year average16.68x
P/B, 5-year average1.96x
Profitability
Operating margin (excl. other income)9.48%
Operating margin (incl. other income)22.11%
EBITDA margin15.51%
Pre-tax margin12.61%
Net profit margin8.88%
Net margin, latest quarter9.23%
ROE67.72%
ROCE42.15%
ROA18.65%
ROE, 3-year average16.62%
ROCE, 3-year average17.05%
ROA, 3-year average4.74%
ROE, 5-year average5.22%
ROCE, 5-year average10.52%
ROA, 5-year average1.09%
ROIC (approx.)25.70%
Tax rate14.68%
Other income / net worth60.69%
Growth
Sales growth (latest year)2.22%
Sales CAGR, 3 years5.63%
Sales CAGR, 5 years5.14%
Profit CAGR, 5 years109.89%
Sales growth QoQ3.69%
Profit growth QoQ-0.49%
Sales growth YoY (latest quarter)-5.55%
Profit growth YoY (latest quarter)-22.49%
Per share
EPS (TTM)Rs 10.48
EPS (latest year)Rs 23.69
EPS (latest quarter)Rs 2.89
EPS, 3-year averageRs 5.71
EPS, 5-year averageRs 1.28
Book value per shareRs 36.64
Sales per shareRs 117.97
Cash flow per shareRs -3.75
Free cash flow per shareRs 0.71
Dividend per share (latest year)Rs 16.00
Dividend per share, 3-year averageRs 16.00
Dividend per share, 5-year averageRs 16.00
Dividends
Dividend payout67.53%
Dividend payout, 3-year average67.53%
Dividend payout, 5-year average67.53%
Efficiency
Asset turnover1.70x
Fixed asset turnover7.27x
Inventory turnover3.19x
Inventory days115 days
Debtor days42 days
Debtors turnover8.70x
Creditor days72 days
Cash conversion cycle179 days
Working capital days142 days
Leverage
Total debtRs 72 Cr
Cash and bankRs 24 Cr
Net debtRs 48 Cr
Debt to equity0.70x
Net debt / EBITDA0.93x
Interest coverage12.67x
Owners' fund to total sources35.46%
Debt to assets24.80%
Cash flow
Cash from Operating Activity (latest year)Rs -11 Cr
Cash from Investing Activity (latest year)Rs 91 Cr
Cash from Financing Activity (latest year)Rs -72 Cr
Net Cash Flow (latest year)Rs 9 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs -105 Cr
Cash from ops / profit, 5 years2.10x
Statement figures
Net sales (TTM)Rs 331 Cr
Net sales (latest year)Rs 494 Cr
Sales (latest quarter)Rs 88 Cr
Operating profit excl. other income (latest year)Rs 47 Cr
Operating profit (latest quarter)Rs 12 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 51 Cr
PBDT (TTM)Rs 48 Cr
Profit before tax (TTM)Rs 42 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 29 Cr
Net profit (latest year)Rs 66 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 320 Cr
Total expenditure (latest year)Rs 447 Cr
Total income (latest year)Rs 556 Cr
Share capitalRs 28 Cr
ReservesRs 75 Cr
Shareholders' fundsRs 103 Cr
Total assetsRs 290 Cr
Net blockRs 68 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 57 Cr
InventoryRs 100 Cr
Other liabilitiesRs 115 Cr
Shares outstanding (crore)2.80
Ownership
Promoter holding61.93% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | PHOENIXLL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +4.5% | -2.8% | +7.2 pts |
| 1 month | +5.9% | -6.8% | +12.7 pts |
| 3 months | +9.6% | -7.6% | +17.3 pts |
| 6 months | +38.6% | +0.4% | +38.2 pts |
| 1 year | +51.6% | -9.9% | +61.5 pts |
| 2 years | +109.5% | -13.6% | +123.1 pts |
| 3 years | +56.6% | +14.2% | +42.5 pts |
| 5 years | +331.8% | +27.9% | +303.9 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was 46% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 27% of total assets in 2016 |
| look | Profit leans on other income Other income was 80% of pre-tax profit in 2016 |
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
Mar 2017Sales ₹88 Cr -5.5% vs Mar 2016.
Net profit ₹8 Cr -22.5%.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2016-09-19 | Annual General Meeting | |
| 2015-08-26 | Annual General Meeting | |
| 2014-07-17 | Annual General Meeting / Special Dividend - Rs 10/- Per Share + Final Dividend - Re 1/- Per Share | |
| 2014-02-11 | Interim Dividend - Rs 5/- Per Share | |
| 2013-07-19 | Annual General Meeting | |
| 2012-06-07 | Annual General Meeting | |
| 2011-07-20 | Annual General Meeting | |
| 2010-09-14 | Annual General Meeting | |
| 2009-08-28 | Agm/Div-Re.0.40 Per Share | |
| 2008-11-21 | Egm | |
| 2008-08-13 | Agm/Dividend - 40% | |
| 2007-07-12 | Agm/Dividend-30% | |
| 2006-06-14 | Agm/Dividend-20% |
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 Phoenix Lamps Ltd(Merged)?
Phoenix Lamps Ltd(Merged) (PHOENIXLL) has a market capitalisation of Rs 616 Cr. at the 2017-09-11 close.
What is the P/E ratio of Phoenix Lamps Ltd(Merged)?
Phoenix Lamps Ltd(Merged) trades at a P/E of 22.7 on trailing twelve-month profit, at the 2017-09-11 close.
What were Phoenix Lamps Ltd(Merged)'s latest quarterly results?
In the Mar 2017 quarter, Phoenix Lamps Ltd(Merged) sales was Rs 88 Cr (-5.5% vs Mar 2016) and net profit was Rs 8 Cr.