L&T | ISGEC HEAVY ENG. | L&T/ ISGEC HEAVY ENG. |
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P/E (TTM) | x | 29.7 | 31.4 | 94.5% | View Chart |
P/BV | x | 5.6 | 3.8 | 148.8% | View Chart |
Dividend Yield | % | 1.0 | 0.3 | 314.1% |
L&T ISGEC HEAVY ENG. |
EQUITY SHARE DATA | |||||
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L&T Mar-24 |
ISGEC HEAVY ENG. Mar-24 |
L&T/ ISGEC HEAVY ENG. |
5-Yr Chart Click to enlarge
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High | Rs | 3,812 | 1,178 | 323.6% | |
Low | Rs | 2,156 | 436 | 494.8% | |
Sales per share (Unadj.) | Rs | 1,608.5 | 845.8 | 190.2% | |
Earnings per share (Unadj.) | Rs | 113.3 | 34.7 | 326.8% | |
Cash flow per share (Unadj.) | Rs | 140.0 | 49.1 | 285.2% | |
Dividends per share (Unadj.) | Rs | 34.00 | 4.00 | 850.0% | |
Avg Dividend yield | % | 1.1 | 0.5 | 229.8% | |
Book value per share (Unadj.) | Rs | 624.2 | 343.1 | 182.0% | |
Shares outstanding (eoy) | m | 1,374.67 | 73.53 | 1,869.5% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 1.9 | 1.0 | 194.5% | |
Avg P/E ratio | x | 26.3 | 23.3 | 113.2% | |
P/CF ratio (eoy) | x | 21.3 | 16.4 | 129.7% | |
Price / Book Value ratio | x | 4.8 | 2.4 | 203.3% | |
Dividend payout | % | 30.0 | 11.5 | 260.1% | |
Avg Mkt Cap | Rs m | 4,101,702 | 59,325 | 6,913.9% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 411,710 | 5,071 | 8,118.3% | |
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 | 62,193 | 3,555.2% | |
Other income | Rs m | 59,040 | 259 | 22,797.0% | |
Total revenues | Rs m | 2,270,169 | 62,452 | 3,635.0% | |
Gross profit | Rs m | 281,174 | 5,188 | 5,419.6% | |
Depreciation | Rs m | 36,823 | 1,062 | 3,466.0% | |
Interest | Rs m | 98,219 | 843 | 11,650.6% | |
Profit before tax | Rs m | 205,171 | 3,542 | 5,793.1% | |
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 | 993 | 4,982.8% | |
Profit after tax | Rs m | 155,697 | 2,549 | 6,108.8% | |
Gross profit margin | % | 12.7 | 8.3 | 152.4% | |
Effective tax rate | % | 24.1 | 28.0 | 86.0% | |
Net profit margin | % | 7.0 | 4.1 | 171.8% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 2,170,745 | 59,175 | 3,668.3% | |
Current liabilities | Rs m | 1,766,007 | 46,761 | 3,776.6% | |
Net working cap to sales | % | 18.3 | 20.0 | 91.7% | |
Current ratio | x | 1.2 | 1.3 | 97.1% | |
Inventory Days | Days | 176 | 10 | 1,827.7% | |
Debtors Days | Days | 8 | 1,719 | 0.5% | |
Net fixed assets | Rs m | 1,176,837 | 20,677 | 5,691.5% | |
Share capital | Rs m | 2,749 | 74 | 3,739.0% | |
"Free" reserves | Rs m | 855,338 | 25,152 | 3,400.7% | |
Net worth | Rs m | 858,087 | 25,226 | 3,401.6% | |
Long term debt | Rs m | 565,070 | 4,065 | 13,901.4% | |
Total assets | Rs m | 3,357,635 | 79,852 | 4,204.8% | |
Interest coverage | x | 3.1 | 5.2 | 59.4% | |
Debt to equity ratio | x | 0.7 | 0.2 | 408.7% | |
Sales to assets ratio | x | 0.7 | 0.8 | 84.6% | |
Return on assets | % | 7.6 | 4.2 | 178.0% | |
Return on equity | % | 18.1 | 10.1 | 179.6% | |
Return on capital | % | 21.3 | 15.0 | 142.4% | |
Exports to sales | % | 0 | 10.0 | 0.0% | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | 6,248 | 0.0% | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 186,232 | 6,248 | 2,980.9% | |
Fx outflow | Rs m | 184,485 | 3,152 | 5,852.2% | |
Net fx | Rs m | 1,747 | 3,095 | 56.4% |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 182,663 | 7,352 | 2,484.7% | |
From Investments | Rs m | 21,630 | -2,324 | -930.9% | |
From Financial Activity | Rs m | -254,134 | -4,868 | 5,220.2% | |
Net Cashflow | Rs m | -49,682 | -255 | 19,454.9% |
Indian Promoters | % | 0.0 | 62.4 | - | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 62.4 | 15.2 | 411.3% | |
FIIs | % | 21.7 | 3.9 | 554.5% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 100.0 | 37.6 | 266.2% | |
Shareholders | 1,689,155 | 30,009 | 5,628.8% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T With: OM INFRA IRCON INTERNATIONAL J KUMAR INFRA IRB INFRA NCC
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 | SARASWATI IND | S&P BSE CAPITAL GOODS |
---|---|---|---|
1-Day | -0.66% | -0.26% | -0.70% |
1-Month | -2.89% | -7.57% | -6.98% |
1-Year | 13.30% | 42.44% | 35.50% |
3-Year CAGR | 23.16% | 31.89% | 33.06% |
5-Year CAGR | 20.11% | 25.39% | 29.76% |
* Compound Annual Growth Rate
Here are more details on the L&T share price and the SARASWATI IND share price.
Moving on to shareholding structures...
The promoters of L&T hold a 0.0% stake in the company. In case of SARASWATI IND the stake stands at 62.4%.
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 SARASWATI IND.
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%.
SARASWATI IND paid Rs 4.0, and its dividend payout ratio stood at 11.5%.
You may visit here to review the dividend history of L&T, and the dividend history of SARASWATI IND.
For a sector overview, read our engineering sector report.
On Thursday, Indian share markets traded lower throughout the trading session and ended on a weak note.