L&T | NCC | L&T/ NCC |
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---|---|---|---|---|---|
P/E (TTM) | x | 30.7 | 20.6 | 148.8% | View Chart |
P/BV | x | 5.8 | 2.7 | 215.1% | View Chart |
Dividend Yield | % | 0.9 | 0.8 | 121.8% |
L&T NCC |
EQUITY SHARE DATA | |||||
---|---|---|---|---|---|
L&T Mar-24 |
NCC Mar-24 |
L&T/ NCC |
5-Yr Chart Click to enlarge
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High | Rs | 3,812 | 267 | 1,425.3% | |
Low | Rs | 2,156 | 100 | 2,165.3% | |
Sales per share (Unadj.) | Rs | 1,608.5 | 332.0 | 484.5% | |
Earnings per share (Unadj.) | Rs | 113.3 | 11.8 | 960.4% | |
Cash flow per share (Unadj.) | Rs | 140.0 | 15.2 | 923.3% | |
Dividends per share (Unadj.) | Rs | 34.00 | 2.20 | 1,545.5% | |
Avg Dividend yield | % | 1.1 | 1.2 | 95.0% | |
Book value per share (Unadj.) | Rs | 624.2 | 105.8 | 590.3% | |
Shares outstanding (eoy) | m | 1,374.67 | 627.85 | 218.9% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 1.9 | 0.6 | 335.6% | |
Avg P/E ratio | x | 26.3 | 15.6 | 169.3% | |
P/CF ratio (eoy) | x | 21.3 | 12.1 | 176.1% | |
Price / Book Value ratio | x | 4.8 | 1.7 | 275.5% | |
Dividend payout | % | 30.0 | 18.7 | 160.9% | |
Avg Mkt Cap | Rs m | 4,101,702 | 115,210 | 3,560.2% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 411,710 | 6,672 | 6,170.4% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
---|---|---|---|---|---|
Net Sales | Rs m | 2,211,129 | 208,450 | 1,060.7% | |
Other income | Rs m | 59,040 | 1,260 | 4,687.5% | |
Total revenues | Rs m | 2,270,169 | 209,709 | 1,082.5% | |
Gross profit | Rs m | 281,174 | 17,416 | 1,614.4% | |
Depreciation | Rs m | 36,823 | 2,119 | 1,737.6% | |
Interest | Rs m | 98,219 | 5,948 | 1,651.4% | |
Profit before tax | Rs m | 205,171 | 10,609 | 1,933.9% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 49,474 | 3,205 | 1,543.6% | |
Profit after tax | Rs m | 155,697 | 7,404 | 2,102.9% | |
Gross profit margin | % | 12.7 | 8.4 | 152.2% | |
Effective tax rate | % | 24.1 | 30.2 | 79.8% | |
Net profit margin | % | 7.0 | 3.6 | 198.2% |
BALANCE SHEET DATA | |||||
---|---|---|---|---|---|
Current assets | Rs m | 2,170,745 | 148,749 | 1,459.3% | |
Current liabilities | Rs m | 1,766,007 | 111,156 | 1,588.8% | |
Net working cap to sales | % | 18.3 | 18.0 | 101.5% | |
Current ratio | x | 1.2 | 1.3 | 91.9% | |
Inventory Days | Days | 176 | 28 | 638.4% | |
Debtors Days | Days | 8 | 5 | 147.5% | |
Net fixed assets | Rs m | 1,176,837 | 31,593 | 3,725.0% | |
Share capital | Rs m | 2,749 | 1,256 | 218.9% | |
"Free" reserves | Rs m | 855,338 | 65,141 | 1,313.0% | |
Net worth | Rs m | 858,087 | 66,397 | 1,292.4% | |
Long term debt | Rs m | 565,070 | 697 | 81,095.0% | |
Total assets | Rs m | 3,357,635 | 180,342 | 1,861.8% | |
Interest coverage | x | 3.1 | 2.8 | 111.0% | |
Debt to equity ratio | x | 0.7 | 0 | 6,275.0% | |
Sales to assets ratio | x | 0.7 | 1.2 | 57.0% | |
Return on assets | % | 7.6 | 7.4 | 102.1% | |
Return on equity | % | 18.1 | 11.2 | 162.7% | |
Return on capital | % | 21.3 | 24.7 | 86.4% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 0 | 0.1 | 0.0% | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | NA | 309 | 0.0% | |
Fx inflow | Rs m | 186,232 | 0 | - | |
Fx outflow | Rs m | 184,485 | 316 | 58,381.3% | |
Net fx | Rs m | 1,747 | -316 | -552.8% |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 182,663 | 13,595 | 1,343.7% | |
From Investments | Rs m | 21,630 | -3,187 | -678.7% | |
From Financial Activity | Rs m | -254,134 | -7,712 | 3,295.2% | |
Net Cashflow | Rs m | -49,682 | 2,695 | -1,843.2% |
Indian Promoters | % | 0.0 | 22.0 | - | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 62.4 | 33.2 | 187.9% | |
FIIs | % | 21.7 | 20.9 | 103.9% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 100.0 | 78.0 | 128.2% | |
Shareholders | 1,689,155 | 502,087 | 336.4% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T With: OM INFRA IRCON INTERNATIONAL J KUMAR INFRA POWER MECH PROJECTS IRB INFRA
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | L&T | NCC | S&P BSE CAPITAL GOODS |
---|---|---|---|
1-Day | 3.50% | 4.34% | 2.36% |
1-Month | 2.69% | -2.52% | -1.89% |
1-Year | 16.96% | 73.22% | 38.17% |
3-Year CAGR | 24.58% | 56.07% | 34.10% |
5-Year CAGR | 21.20% | 36.31% | 30.63% |
* Compound Annual Growth Rate
Here are more details on the L&T share price and the NCC share price.
Moving on to shareholding structures...
The promoters of L&T hold a 0.0% stake in the company. In case of NCC the stake stands at 22.0%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of L&T and the shareholding pattern of NCC.
Finally, a word on dividends...
In the most recent financial year, L&T paid a dividend of Rs 34.0 per share. This amounted to a Dividend Payout ratio of 30.0%.
NCC paid Rs 2.2, and its dividend payout ratio stood at 18.7%.
You may visit here to review the dividend history of L&T, and the dividend history of NCC.
For a sector overview, read our engineering sector report.
Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.