Focus Lighting and Fixtures Limited
Focus Lighting and Fixtures Limited manufactures and deals in LED lighting, fixtures, and lighting solutions in India. The company offers recessed adjustable spotlights, recessed downlights, surface mounted spotlights, surface-mounted/suspended, system based spotlights / wall washer, track-mounted spotlights, etc. under the TRIX brand names. Focus Lighting and Fixtures Limited was incorporated in… Read more
Focus Lighting and Fixtures Limited (FOCUS) - Net Assets
Latest net assets as of September 2025: ₹1.45 Billion INR
Based on the latest financial reports, Focus Lighting and Fixtures Limited (FOCUS) has net assets worth ₹1.45 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.10 Billion) and total liabilities (₹656.70 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.45 Billion |
| % of Total Assets | 68.78% |
| Annual Growth Rate | 35.78% |
| 5-Year Change | 346.3% |
| 10-Year Change | 1687.45% |
| Growth Volatility | 40.98 |
Focus Lighting and Fixtures Limited - Net Assets Trend (2012–2025)
This chart illustrates how Focus Lighting and Fixtures Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Focus Lighting and Fixtures Limited (2012–2025)
The table below shows the annual net assets of Focus Lighting and Fixtures Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.40 Billion | +8.96% |
| 2024-03-31 | ₹1.29 Billion | +43.05% |
| 2023-03-31 | ₹899.46 Million | +155.20% |
| 2022-03-31 | ₹352.45 Million | +12.19% |
| 2021-03-31 | ₹314.14 Million | -6.03% |
| 2020-03-31 | ₹334.29 Million | +6.12% |
| 2019-03-31 | ₹315.01 Million | +44.86% |
| 2018-03-31 | ₹217.46 Million | +85.31% |
| 2017-03-31 | ₹117.34 Million | +49.61% |
| 2016-03-31 | ₹78.44 Million | +60.36% |
| 2015-03-31 | ₹48.91 Million | +29.59% |
| 2014-03-31 | ₹37.74 Million | +25.30% |
| 2013-03-31 | ₹30.12 Million | +14.52% |
| 2012-03-31 | ₹26.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Focus Lighting and Fixtures Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 18277.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.27 Billion | 90.48% |
| Common Stock | ₹133.42 Million | 9.52% |
| Other Comprehensive Income | ₹1.27 Billion | 90.48% |
| Total Equity | ₹1.40 Billion | 100.00% |
Focus Lighting and Fixtures Limited Competitors by Market Cap
The table below lists competitors of Focus Lighting and Fixtures Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Negri Sembilan Oil Palms Bhd
KLSE:2038
|
$25.76 Million |
|
CPE Technology Berhad
KLSE:5317
|
$25.76 Million |
|
JT Corporation
KQ:089790
|
$25.77 Million |
|
K & S Corporation Ltd
AU:KSC
|
$25.77 Million |
|
Noodles & Company
NASDAQ:NDLS
|
$25.75 Million |
|
DIVA Laboratories Ltd
TWO:4153
|
$25.75 Million |
|
Bangkok Ranch PCL
BK:BR
|
$25.75 Million |
|
Byggmästare Anders J Ahlström Holding AB (publ)
ST:AJA-B
|
$25.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Focus Lighting and Fixtures Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,286,713,000 to 1,402,006,000, a change of 115,293,000 (9.0%).
- Net income of 151,316,000 contributed positively to equity growth.
- Dividend payments of 33,105,000 reduced retained earnings.
- Share repurchases of 9,612,000 reduced equity.
- New share issuances of 9,612,000 increased equity.
- Other comprehensive income increased equity by 113,768,000.
- Other factors decreased equity by 116,686,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹151.32 Million | +10.79% |
| Dividends Paid | ₹33.10 Million | -2.36% |
| Share Repurchases | ₹9.61 Million | -0.69% |
| Share Issuances | ₹9.61 Million | +0.69% |
| Other Comprehensive Income | ₹113.77 Million | +8.11% |
| Other Changes | ₹-116.69 Million | -8.32% |
| Total Change | ₹- | 8.96% |
Book Value vs Market Value Analysis
This analysis compares Focus Lighting and Fixtures Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.24x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 26.22x to 3.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | ₹2.60 | ₹68.04 | x |
| 2013-03-31 | ₹2.97 | ₹68.04 | x |
| 2014-03-31 | ₹3.72 | ₹68.04 | x |
| 2015-03-31 | ₹4.83 | ₹68.04 | x |
| 2016-03-31 | ₹7.74 | ₹68.04 | x |
| 2017-03-31 | ₹11.58 | ₹68.04 | x |
| 2018-03-31 | ₹21.89 | ₹68.04 | x |
| 2019-03-31 | ₹31.08 | ₹68.04 | x |
| 2020-03-31 | ₹6.60 | ₹68.04 | x |
| 2021-03-31 | ₹6.13 | ₹68.04 | x |
| 2022-03-31 | ₹6.95 | ₹68.04 | x |
| 2023-03-31 | ₹14.05 | ₹68.04 | x |
| 2024-03-31 | ₹19.38 | ₹68.04 | x |
| 2025-03-31 | ₹21.02 | ₹68.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Focus Lighting and Fixtures Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.79%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.25%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.44x
- Recent ROE (10.79%) is below the historical average (19.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 13.16% | 2.28% | 1.70x | 3.40x | ₹830.70K |
| 2013 | 14.67% | 2.42% | 1.64x | 3.70x | ₹1.41 Million |
| 2014 | 20.10% | 2.22% | 2.60x | 3.49x | ₹3.81 Million |
| 2015 | 22.53% | 2.67% | 2.42x | 3.49x | ₹6.13 Million |
| 2016 | 41.51% | 5.33% | 2.80x | 2.78x | ₹24.71 Million |
| 2017 | 34.22% | 5.63% | 2.75x | 2.21x | ₹28.43 Million |
| 2018 | 27.41% | 6.47% | 2.28x | 1.86x | ₹37.87 Million |
| 2019 | 30.97% | 8.06% | 2.36x | 1.63x | ₹66.06 Million |
| 2020 | 6.87% | 2.31% | 1.63x | 1.82x | ₹-10.48 Million |
| 2021 | -7.50% | -3.88% | 1.04x | 1.85x | ₹-54.35 Million |
| 2022 | 12.93% | 4.32% | 1.32x | 2.26x | ₹10.32 Million |
| 2023 | 25.75% | 13.74% | 1.32x | 1.42x | ₹141.67 Million |
| 2024 | 18.00% | 10.35% | 1.18x | 1.48x | ₹102.95 Million |
| 2025 | 10.79% | 8.25% | 0.91x | 1.44x | ₹11.12 Million |
Industry Comparison
This section compares Focus Lighting and Fixtures Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $6,883,553,847
- Average return on equity (ROE) among peers: 3.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Focus Lighting and Fixtures Limited (FOCUS) | ₹1.45 Billion | 13.16% | 0.45x | $25.75 Million |
| Archidply Decor Limited (ADL) | $507.52 Million | 0.06% | 0.56x | $737.94K |
| Airo Lam limited (AIROLAM) | $135.86 Million | 11.79% | 3.15x | $10.06 Million |
| Amber Enterprises India Limited (AMBER) | $19.54 Billion | 8.05% | 2.20x | $1.59 Billion |
| AVRO INDIA LIMITED (AVROIND) | $132.77 Million | 8.55% | 0.48x | $7.12 Million |
| Bajaj Electricals Limited (BAJAJELEC) | $6.87 Billion | -2.03% | 3.12x | $176.78 Million |
| Borosil Limited (BOROLTD) | $6.29 Billion | 3.15% | 0.05x | $103.89 Million |
| Bosch Home Comfort India Limited (BOSCH-HCIL) | $6.41 Billion | 9.18% | 1.81x | $69.09 Million |
| Butterfly Gandhimathi Appliances Limited (BUTTERFLY) | $1.80 Billion | -30.85% | 1.26x | $21.59 Million |
| CARYSIL LIMITED (CARYSIL) | $3.07 Billion | 17.07% | 1.32x | $138.52 Million |
| Cello World Limited (CELLO) | $24.08 Billion | 14.07% | 0.10x | $203.80 Million |