L&T | POWER & INSTRUMENTATION | L&T/ POWER & INSTRUMENTATION |
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P/E (TTM) | x | 30.7 | 53.3 | 57.5% | View Chart |
P/BV | x | 5.8 | 9.8 | 59.1% | View Chart |
Dividend Yield | % | 0.9 | 0.1 | 1,448.6% |
L&T POWER & INSTRUMENTATION |
EQUITY SHARE DATA | |||||
---|---|---|---|---|---|
L&T Mar-24 |
POWER & INSTRUMENTATION Mar-24 |
L&T/ POWER & INSTRUMENTATION |
5-Yr Chart Click to enlarge
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High | Rs | 3,812 | 93 | 4,079.2% | |
Low | Rs | 2,156 | 37 | 5,900.8% | |
Sales per share (Unadj.) | Rs | 1,608.5 | 77.2 | 2,083.8% | |
Earnings per share (Unadj.) | Rs | 113.3 | 4.7 | 2,428.7% | |
Cash flow per share (Unadj.) | Rs | 140.0 | 4.8 | 2,894.9% | |
Dividends per share (Unadj.) | Rs | 34.00 | 0.20 | 17,000.0% | |
Avg Dividend yield | % | 1.1 | 0.3 | 370.3% | |
Book value per share (Unadj.) | Rs | 624.2 | 40.0 | 1,559.9% | |
Shares outstanding (eoy) | m | 1,374.67 | 12.63 | 10,884.2% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 1.9 | 0.8 | 220.3% | |
Avg P/E ratio | x | 26.3 | 13.9 | 189.0% | |
P/CF ratio (eoy) | x | 21.3 | 13.4 | 158.5% | |
Price / Book Value ratio | x | 4.8 | 1.6 | 294.2% | |
Dividend payout | % | 30.0 | 4.3 | 699.7% | |
Avg Mkt Cap | Rs m | 4,101,702 | 821 | 499,551.1% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 411,710 | 35 | 1,172,963.5% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 2,211,129 | 975 | 226,805.7% | |
Other income | Rs m | 59,040 | 14 | 421,711.4% | |
Total revenues | Rs m | 2,270,169 | 989 | 229,565.0% | |
Gross profit | Rs m | 281,174 | 110 | 256,545.6% | |
Depreciation | Rs m | 36,823 | 2 | 1,673,786.4% | |
Interest | Rs m | 98,219 | 44 | 222,719.3% | |
Profit before tax | Rs m | 205,171 | 77 | 265,421.9% | |
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 | 18 | 268,879.9% | |
Profit after tax | Rs m | 155,697 | 59 | 264,341.6% | |
Gross profit margin | % | 12.7 | 11.2 | 113.1% | |
Effective tax rate | % | 24.1 | 23.8 | 101.3% | |
Net profit margin | % | 7.0 | 6.0 | 116.5% |
BALANCE SHEET DATA | |||||
---|---|---|---|---|---|
Current assets | Rs m | 2,170,745 | 861 | 252,265.6% | |
Current liabilities | Rs m | 1,766,007 | 513 | 344,250.9% | |
Net working cap to sales | % | 18.3 | 35.6 | 51.4% | |
Current ratio | x | 1.2 | 1.7 | 73.3% | |
Inventory Days | Days | 176 | 74 | 237.8% | |
Debtors Days | Days | 8 | 1,148 | 0.7% | |
Net fixed assets | Rs m | 1,176,837 | 211 | 559,067.2% | |
Share capital | Rs m | 2,749 | 126 | 2,176.8% | |
"Free" reserves | Rs m | 855,338 | 379 | 225,623.2% | |
Net worth | Rs m | 858,087 | 505 | 169,783.7% | |
Long term debt | Rs m | 565,070 | 44 | 1,296,031.4% | |
Total assets | Rs m | 3,357,635 | 1,071 | 313,504.7% | |
Interest coverage | x | 3.1 | 2.8 | 112.2% | |
Debt to equity ratio | x | 0.7 | 0.1 | 763.3% | |
Sales to assets ratio | x | 0.7 | 0.9 | 72.3% | |
Return on assets | % | 7.6 | 9.6 | 78.6% | |
Return on equity | % | 18.1 | 11.7 | 155.7% | |
Return on capital | % | 21.3 | 22.1 | 96.4% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 186,232 | 0 | - | |
Fx outflow | Rs m | 184,485 | 0 | - | |
Net fx | Rs m | 1,747 | 0 | - |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 182,663 | 85 | 215,404.2% | |
From Investments | Rs m | 21,630 | -2 | -1,351,900.0% | |
From Financial Activity | Rs m | -254,134 | -82 | 309,919.0% | |
Net Cashflow | Rs m | -49,682 | 1 | -4,140,158.3% |
Indian Promoters | % | 0.0 | 41.0 | - | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 62.4 | 0.0 | - | |
FIIs | % | 21.7 | 0.0 | - | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 100.0 | 59.1 | 169.3% | |
Shareholders | 1,689,155 | 4,190 | 40,314.0% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T With: OM INFRA IRCON INTERNATIONAL J KUMAR INFRA NCC 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 | POWER & INSTRUMENTATION | S&P BSE CAPITAL GOODS |
---|---|---|---|
1-Day | 3.50% | 4.99% | 2.36% |
1-Month | 2.69% | 31.18% | -1.89% |
1-Year | 16.96% | 645.69% | 38.17% |
3-Year CAGR | 24.58% | 53.55% | 34.10% |
5-Year CAGR | 21.20% | 29.35% | 30.63% |
* Compound Annual Growth Rate
Here are more details on the L&T share price and the POWER & INSTRUMENTATION share price.
Moving on to shareholding structures...
The promoters of L&T hold a 0.0% stake in the company. In case of POWER & INSTRUMENTATION the stake stands at 41.0%.
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 POWER & INSTRUMENTATION.
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%.
POWER & INSTRUMENTATION paid Rs 0.2, and its dividend payout ratio stood at 4.3%.
You may visit here to review the dividend history of L&T, and the dividend history of POWER & INSTRUMENTATION.
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.