LAKSHMI PRECISION chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 236.43
Dividend & YieldN/A₹ (N/A)
Beta 0.81
Market capitalization 66.2M
Operating cash flow 301.83M
ESG Scores unknown

Company description

Lakshmi Precision Screws Limited manufactures, sells, and trades in high tensile fasteners primarily in India. The company's products include bolts and screws, pins, nuts, and allen keys. Its products are used in various sectors, such as wind energy, oil and gas, locomotives, automobiles, agriculture equipment, defense, electronic and communication, construction, tool and die, machine building, and various other sectors. The company also exports its products primarily to the United States, Australia, Canada, Denmark, Dubai, France, Germany, Hong Kong, Indonesia, Japan, Malaysia, Singapore, South Africa, Switzerland, Sweden, etc. Lakshmi Precision Screws Limited was incorporated in 1968 and is based in Rohtak, India.

Sector: Industrials - Industry: Tools & Accessories

Financial Ratios
Quick Ratio0.23
Working Capital0.75
Return On Equity-1.55
Debt To Equity2.41
Fixed Asset Ratio0
Fixed Interest Cover-0.01

Financial data

Financial Statements

Cashflow Statement 2014-03-31 2015-03-31 2016-03-31 2017-03-31
Change To Liabilities 69.13M 279.12M -160.58M -179.9M
Total Cashflows From Investing Activities -217.1M -260.06M -289.53M 25.65M
Net Borrowings 276.33M 49.14M -180.38M -68M
Total Cash From Financing Activities -99.24M -334.23M -459.56M -350.46M
Change To Operating Activities 255.82M 37.32M 109.58M 266.25M
Issuance Of Stock
Net Income -275.34M 32.75M -323.04M -399.77M
Change In Cash -30.61M -396.26k 14.15M -22.98M
Effect Of Exchange Rate
Total Cash From Operating Activities 285.74M 593.89M 763.24M 301.83M
Depreciation 173.58M 118.08M 159.11M 40.21M
Change To Account Receivables -92.72M -39.72M 200.01M 190.98M
Other Cashflows From Financing Activities -365.43M -383.36M -279.18M -282.21M
Change To Netincome 337.93M 378.26M -49.8M 340.34M
Capital Expenditures -207.72M -348.23M -702.29M -76.91M

Income Statement 2014-03-31 2015-03-31 2016-03-31 2017-03-31
Research Development 19.51M
Income Before Tax -268.61M 45.88M -283.64M -399.56M
Net Income -275.34M 32.75M -323.04M -399.77M
Selling General Administrative 1.31B 839.48M 816.14M 748.26M
Gross Profit 1.7B 2.33B 1.93B 1.4B
Ebit 113.82M 407.78M 78.09M -2.15M
Operating Income 113.82M 407.78M 78.09M -2.15M
Interest Expense -319.34M -325.11M -321.87M -368.49M
Income Tax Expense 6.71M 12.92M 39.71M 119.64k
Total Revenue 3.97B 4.28B 3.75B 2.59B
Cost Of Revenue 2.27B 1.95B 1.82B 1.19B
Total Other Income ExpenseNet -382.43M -361.9M -361.73M -397.41M
Net Income From Continuing Ops -275.32M 32.96M -323.35M -399.68M
Net Income Applicable To Common Shares -275.34M 32.75M -323.04M -399.77M

Balance Sheet Statement 2014-03-31 2015-03-31 2016-03-31 2017-03-31
Total Liabilities 4.01B 4.48B 4.22B 4.36B
Total Stockholder Equity 963.78M 988.15M 658.42M 258.17M
Other Current Liabilities 288.79M 287.26M 199.91M 152.59M
Total Assets 4.97B 5.48B 4.88B 4.62B
Common Stock 134.78M 134.78M 111.26M 109.42M
Other Current Assets 107.51M 79.3M 59.64M 148.47M
Retained Earnings 517.02M 540.96M 211.87M -188.56M
Treasury Stock -6.36M -5.93M 16.95M 18.98M
Cash 139.16M 159.91M 107.43M 52.48M
Total Current Liabilities 3.23B 3.3B 3.12B 3.38B
Other Stockholder Equity -6.36M -5.93M 16.95M 18.98M
Property, Plant, and Equipment 921.93M 1.14B 1.68B 1.68B
Total Current Assets 3.93B 4.22B 3.12B 2.84B
Net Tangible Assets 957.31M 984.9M 655.63M 255.3M
Net Receivables 961.34M 1.02B 801.54M 558.93M
Accounts Payable 602.62M 885.58M 725M 545.1M


Insider Transactions

Here are the insider transactions of stock shares related to LAKSHMI PRECISION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Jain (Arun Kumar)D2013-10-10UNREPORTED4.5k
Jain (Arun Kumar)D2013-06-26UNREPORTED4k
Jain (Arun Kumar)D2013-06-24UNREPORTED500
Jain (Arun Kumar)D2013-06-19UNREPORTED383
Jain (Arun Kumar)D2013-06-18UNREPORTED1.2k
Jain (Arun Kumar)D2013-06-13UNREPORTED1.56k
Jain (Arun Kumar)D2013-06-01UNREPORTED18k
Jain (Arun Kumar)D2013-05-31UNREPORTED345k
Reliance Capital Trustee Company Ltd A/C Reliance Long TermD2013-05-30Investment Management Company241.84k
Jain (Arun Kumar)D2013-05-30UNREPORTED250k
Reliance Capital Trustee Company Ltd A/C Reliance Long TermD2012-06-11Investment Management Company299.35k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to LAKSHMI PRECISION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on LAKSHMI PRECISION

Here is the result of two systematic investment strategies applied to LAKSHMI PRECISION. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on LAKSHMI PRECISION

The following chart shows the equity curve of the two systematic investment strategies applied to LAKSHMI PRECISION:

LAKSHMI PRECISION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 5.95% on the backtest period.

Performance at glance

Performance

5.95 %

Latent gain

148.2 ₹

Invested capital

2491.05 ₹

Annualized return

1.27 %
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Momentum strategy results on LAKSHMI PRECISION

This is the result of two momentum investment strategies applied to LAKSHMI PRECISION. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on LAKSHMI PRECISION

The following chart shows all the entries opened by the momentum investment system on LAKSHMI PRECISION:

LAKSHMI PRECISION momentum entries
  • The first momentum investment strategy would give 38.79% of return on LAKSHMI PRECISION. That represents 1459.3₹ of latent gain with 3761.7₹ of employed capital.
  • The second momentum investment strategy would give 30.68% of return on LAKSHMI PRECISION. That represents 997.7₹ of latent gain with 3251.55₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

38.79 %

Latent gain

1459.3 ₹

Invested capital

3761.7 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

30.68 %

Latent gain

997.7 ₹

Invested capital

3251.55 ₹

Annualized return

7.27 %

Momentum equity curve on LAKSHMI PRECISION

The following chart shows the equity curve of the two momentum strategies applied to LAKSHMI PRECISION:

LAKSHMI PRECISION momentum equity

Note: the dividends potentially given by LAKSHMI PRECISION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on LAKSHMI PRECISION

The following chart shows the employed capital evolution of the two momentum strategies on LAKSHMI PRECISION since the beginning:

LAKSHMI PRECISION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on LAKSHMI PRECISION

Buy the dip entry openings on LAKSHMI PRECISION

LAKSHMI PRECISION

The performance achieved by the robo-advisor on LAKSHMI PRECISION is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows LAKSHMI PRECISION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of LAKSHMI PRECISION, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to LAKSHMI PRECISION

The following chart shows the result of the investment strategy applied to LAKSHMI PRECISION:

LAKSHMI PRECISION

Note: the dividends potentially given by LAKSHMI PRECISION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on LAKSHMI PRECISION

The following chart shows the employed capital evolution since the beginning of the investment strategy on LAKSHMI PRECISION:

LAKSHMI PRECISION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on LAKSHMI PRECISION

In this section, I will compare the three previous investment strategies applied to LAKSHMI PRECISION.

Equity curve comparison on LAKSHMI PRECISION

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

LAKSHMI PRECISION investment strategy comparison

Employed capital comparison on LAKSHMI PRECISION

LAKSHMI PRECISION investment comparison

Performance comparison on LAKSHMI PRECISION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 5.95% 148.2₹ 2491.05₹ 1.27%
Momentum 1 quarter 38.79% 1459.3₹ 3761.7₹ 8.7%
Momentum 2 quarters 30.68% 997.7₹ 3251.55₹ 7.27%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

1.27 %

Momentum 1Q

7.27 %

Momentum 2Q

7.27 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with LAKSHMI PRECISION:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between LAKSHMI PRECISION and the other stocks. There may be false positives or some missing correlated stocks. If the price of LAKSHMI PRECISION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name LAKSHMI PRECISION
Country India
City Rohtak
Address 46/1, Mile Stone
Phone 91 12 6224 8790
Website www.lpsindia.com
FullTime employees
Industry Tools & Accessories
Sector Industrials
Exchange XNSE
Ticker LAKPRE.XNSE
Market

LAKSHMI PRECISION ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown