IKIO Lighting

₹288.7 4.6 | 1.6%

WEBSITE BSE:543923 NSE : IKIO 10 May, 16:01

Market Cap ₹2231 Cr.

Stock P/E 30.9

P/B 4.1

Current Price ₹288.7

Book Value ₹ 70.3

Face Value 10

52W High ₹477.2

Dividend Yield 0%

52W Low ₹ 277.7

Edit Ratio

IKIO Lighting Research see more...

Overview Inc. Year: 2016Industry: Electronics - Components

IKIO Lighting Ltd is a cutting-edge lighting solutions company renowned for its innovative and sustainable products. With a commitment to revolutionizing the lighting industry, IKIO Lighting specializes in the design, manufacturing, and distribution of energy-efficient LED lighting solutions for residential, commercial, and industrial applications. The company's product portfolio includes a diverse range of high-quality lighting fixtures, including LED bulbs, tubes, panels, downlights, and streetlights, among others. IKIO Lighting prioritizes sustainability by incorporating advanced technologies and materials that reduce energy consumption and minimize environmental impact. Their products are known for their exceptional performance, longevity, and aesthetic appeal. With a customer-centric approach, IKIO Lighting strives to provide tailored lighting solutions, working closely with architects, designers, and end-users to meet their specific requirements. Committed to excellence and innovation, IKIO Lighting continues to push the boundaries of lighting technology, enhancing the quality of life and creating greener environments.

IKIO Lighting Share Price

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Quarterly Price

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Peer Comparison

IKIO Lighting Quarterly Results

#(Fig in Cr.)	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Net Sales	49	80	115	108	118	117
Other Income	0	1	1	1	6	4
Total Income	50	81	116	109	124	121
Total Expenditure	40	65	86	86	91	91
Operating Profit	9	16	30	24	33	30
Interest	1	1	4	3	3	3
Depreciation	1	1	2	2	4	3
Exceptional Income / Expenses	0	0	0	0	0	0
Profit Before Tax	7	14	25	19	26	25
Provision for Tax	2	3	7	5	8	6
Profit After Tax	6	11	18	14	18	19
Adjustments	0	0	0	0	0	0
Profit After Adjustments	6	11	18	14	18	19
Adjusted Earnings Per Share	0.9	1.7	2.7	1.8	2.4	2.5

IKIO Lighting Profit & Loss

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	220	213	332	359	458
Other Income	2	1	2	3	12
Total Income	222	215	334	362	470
Total Expenditure	183	166	254	281	354
Operating Profit	39	49	80	81	117
Interest	5	4	5	9	13
Depreciation	4	5	5	6	11
Exceptional Income / Expenses	0	0	0	0	0
Profit Before Tax	30	40	69	66	95
Provision for Tax	9	11	19	16	26
Profit After Tax	21	29	51	50	69
Adjustments	0	0	0	0	0
Profit After Adjustments	21	29	51	50	69
Adjusted Earnings Per Share	3.3	4.4	7.8	7.7	9.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	8%	18%	0%	0%
Operating Profit CAGR	1%	28%	0%	0%
PAT CAGR	-2%	34%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	NA%	NA%	NA%	NA%
ROE Average	40%	52%	54%	54%
ROCE Average	32%	39%	40%	40%

IKIO Lighting Balance Sheet

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	36	63	109	142
Minority's Interest	0	0	0	0
Borrowings	17	35	39	1
Other Non-Current Liabilities	9	9	9	9
Total Current Liabilities	82	66	107	157
Total Liabilities	144	173	263	310
Fixed Assets	54	59	60	65
Other Non-Current Assets	2	6	14	31
Total Current Assets	88	108	188	214
Total Assets	144	173	263	310

IKIO Lighting Cash Flow

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	2	8	3	1
Cash Flow from Operating Activities	23	-9	-15	57
Cash Flow from Investing Activities	3	-6	-9	-50
Cash Flow from Financing Activities	-21	10	24	-8
Net Cash Inflow / Outflow	5	-4	-1	-1
Closing Cash & Cash Equivalent	8	3	2	2

IKIO Lighting Ratios

#	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	3.29	4.43	7.77	7.7
CEPS(Rs)	3.92	5.15	8.55	8.59
DPS(Rs)	0	0	0	0
Book NAV/Share(Rs)	5.52	9.67	16.75	21.87
Core EBITDA Margin(%)	17.07	22.44	23.33	21.62
EBIT Margin(%)	15.94	20.77	22.44	20.89
Pre Tax Margin(%)	13.7	18.68	20.93	18.35
PAT Margin (%)	9.72	13.5	15.22	13.95
Cash Profit Margin (%)	11.57	15.69	16.75	15.56
ROA(%)	14.87	18.2	23.18	17.47
ROE(%)	59.63	58.34	58.83	39.87
ROCE(%)	42.42	41.25	42.85	31.74
Receivable days	49.42	53.5	48.75	65.4
Inventory Days	61.62	81.26	92.19	117.2
Payable days	85.13	84.23	43.98	37.47
PER(x)	0	0	0	0
Price/Book(x)	0	0	0	0
Dividend Yield(%)	0	0	0	0
EV/Net Sales(x)	0.18	0.31	0.39	0.49
EV/Core EBITDA(x)	0.99	1.34	1.62	2.19
Net Sales Growth(%)	0	-3.09	55.47	8.11
EBIT Growth(%)	0	26.29	67.97	0.64
PAT Growth(%)	0	34.56	75.37	-0.95
EPS Growth(%)	0	34.56	75.37	-0.95
Debt/Equity(x)	1.31	1.1	0.98	0.81
Current Ratio(x)	1.08	1.63	1.76	1.36
Quick Ratio(x)	0.63	0.76	0.74	0.59
Interest Cover(x)	7.12	9.95	14.87	8.21
Total Debt/Mcap(x)	0	0	0	0

IKIO Lighting Shareholding Pattern

#	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	72.46	72.46	72.46	72.46
FII	5.05	3.18	1.51	1.55
DII	7.22	7.51	7.1	4.95
Public	15.27	16.85	18.93	21.03
Others	0	0	0	0
Total	100	100	100	100

#	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	5.6	5.6	5.6	5.6
FII	0.39	0.25	0.12	0.12
DII	0.56	0.58	0.55	0.38
Public	1.18	1.3	1.46	1.63
Others	0	0	0	0
Total	7.73	7.73	7.73	7.73

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 52%
Debtor days have improved from 43.98 to 37.47days.
Company has reduced debt.

Cons

Stock is trading at 4.1 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.