Lakshmi Precision Screws Limited (LAKPRE) - Net Assets
Based on the latest financial reports, Lakshmi Precision Screws Limited (LAKPRE) has net assets worth Rs- INR (≈ $- USD) as of . Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs- ≈ $- USD) and total liabilities (Rs- ≈ $- USD). 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. Check LAKPRE cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs- |
| % of Total Assets | 0% |
| Annual Growth Rate | -11.01% |
| 5-Year Change | 21230.41% |
| 10-Year Change | -71.66% |
| Growth Volatility | 20009.52 |
Lakshmi Precision Screws Limited - Net Assets Trend (2007–2017)
This chart illustrates how Lakshmi Precision Screws Limited's net assets have evolved over time, based on quarterly financial data. Also explore LAKPRE current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Lakshmi Precision Screws Limited (2007–2017)
The table below shows the annual net assets of Lakshmi Precision Screws Limited from 2007 to 2017. For live valuation and market cap data, see market value of Lakshmi Precision Screws Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2017-03-31 | Rs263.36 Million ≈ $2.85 Million |
-60.31% |
| 2016-03-31 | Rs663.52 Million ≈ $7.18 Million |
+66682.29% |
| 2015-03-31 | Rs993.56K ≈ $10.74K |
+2.54% |
| 2014-03-31 | Rs968.98K ≈ $10.48K |
-21.52% |
| 2013-03-31 | Rs1.23 Million ≈ $13.35K |
-99.90% |
| 2012-03-31 | Rs1.18 Billion ≈ $12.81 Million |
+5.93% |
| 2011-03-31 | Rs1.12 Billion ≈ $12.09 Million |
+10.43% |
| 2010-03-31 | Rs1.01 Billion ≈ $10.95 Million |
+6.37% |
| 2009-03-31 | Rs952.05 Million ≈ $10.30 Million |
+2.44% |
| 2008-03-31 | Rs929.39 Million ≈ $10.05 Million |
+9.88% |
| 2007-03-31 | Rs845.80 Million ≈ $9.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lakshmi Precision Screws 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 decreased by 147.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2017)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs109.42 Million | 42.38% |
| Other Comprehensive Income | Rs30.60 Million | 11.85% |
| Other Components | Rs318.34 Million | 123.31% |
| Total Equity | Rs258.17 Million | 100.00% |
Lakshmi Precision Screws Limited Competitors by Market Cap
The table below lists competitors of Lakshmi Precision Screws Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hitech & Development Wireless Sweden Holding AB (publ)
ST:HDW-B
|
$588.92K |
|
Naked Wines plc
LSE:WINE
|
$588.97K |
|
Universal Partners Ltd
JSE:UPL
|
$591.34K |
|
Storage Drop Storage Technologies Ltd
TA:STRG
|
$593.69K |
|
African Dawn Capital Ltd
JSE:ADW
|
$586.01K |
|
PT Century Textile Industry Tbk
JK:CNTX
|
$582.44K |
|
FINCANNA CAPITAL CORP.
F:4AL0
|
$582.22K |
|
Tupperware Brands Corporation
NYSE:TUPBQ
|
$581.63K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lakshmi Precision Screws Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2016 to 2017, total equity changed from 658,422,462 to 258,167,200, a change of -400,255,262 (-60.8%).
- Net loss of 399,769,521 reduced equity.
- Dividend payments of 242,523 reduced retained earnings.
- Other comprehensive income decreased equity by 397,152,079.
- Other factors increased equity by 396,908,861.
Equity Change Factors (2016 to 2017)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-399.77 Million | -154.85% |
| Dividends Paid | Rs242.52K | -0.09% |
| Other Comprehensive Income | Rs-397.15 Million | -153.84% |
| Other Changes | Rs396.91 Million | +153.74% |
| Total Change | Rs- | -60.79% |
Book Value vs Market Value Analysis
This analysis compares Lakshmi Precision Screws 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: 0.21x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.06x to 0.21x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs82.92 | Rs4.96 | x |
| 2008-03-31 | Rs84.52 | Rs4.96 | x |
| 2009-03-31 | Rs86.59 | Rs4.96 | x |
| 2010-03-31 | Rs92.13 | Rs4.96 | x |
| 2011-03-31 | Rs101.78 | Rs4.96 | x |
| 2012-03-31 | Rs108.26 | Rs4.96 | x |
| 2013-03-31 | Rs0.11 | Rs4.96 | x |
| 2014-03-31 | Rs0.09 | Rs4.96 | x |
| 2015-03-31 | Rs0.09 | Rs4.96 | x |
| 2016-03-31 | Rs60.18 | Rs4.96 | x |
| 2017-03-31 | Rs23.59 | Rs4.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lakshmi Precision Screws 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): -154.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.59%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 17.91x
- Recent ROE (-154.85%) is below the historical average (-15.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 10.57% | 3.94% | 1.03x | 2.60x | Rs4.82 Million |
| 2008 | 10.12% | 4.04% | 0.85x | 2.96x | Rs1.07 Million |
| 2009 | 4.51% | 1.73% | 0.85x | 3.08x | Rs-51.97 Million |
| 2010 | 6.86% | 2.66% | 0.81x | 3.18x | Rs-31.67 Million |
| 2011 | 11.02% | 3.49% | 0.90x | 3.52x | Rs11.33 Million |
| 2012 | 8.14% | 2.46% | 0.89x | 3.69x | Rs-22.09 Million |
| 2013 | 4.26% | 1.43% | 0.80x | 3.74x | Rs-70.52K |
| 2014 | -28.57% | -6.94% | 0.80x | 5.16x | Rs-371.71K |
| 2015 | 3.31% | 0.77% | 0.78x | 5.54x | Rs-66.06K |
| 2016 | -49.06% | -8.70% | 0.76x | 7.42x | Rs-388.88 Million |
| 2017 | -154.85% | -15.59% | 0.55x | 17.91x | Rs-425.59 Million |
Industry Comparison
This section compares Lakshmi Precision Screws Limited's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $8,418,733,800
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lakshmi Precision Screws Limited (LAKPRE) | Rs- | 10.57% | N/A | $586.92K |
| NRB Industrial Bearings Limited (NIBL) | $330.00K | 0.00% | 1.00x | $8.22 Million |
| SKF India Limited (SKFINDIA) | $16.13 Billion | 12.68% | 0.25x | $916.93 Million |
| Sterling Tools Limited (STERTOOLS) | $5.00 Billion | 11.67% | 0.58x | $95.45 Million |
| Technocraft Industries (India) Limited (TIIL) | $4.39 Billion | 3.48% | 0.47x | $609.37 Million |
| Timken India Limited (TIMKEN) | $16.57 Billion | 19.74% | 0.32x | $2.79 Billion |
About Lakshmi Precision Screws Limited
Lakshmi Precision Screws Limited manufactures and sells in high tensile fasteners primarily in India. The company serves wind energy, oil and gas, locomotives, automobiles, agriculture equipment, machine building, and various other sectors. It exports its products primarily to the United States, Australia, Canada, Denmark, Dubai, France, Germany, Hong Kong, Indonesia, Japan, Malaysia, Singapore, … Read more