Lava Unlisted Unlisted Shares
Buy - ₹32.00
Sell - ₹39.00
About Lava Unlisted Unlisted Shares
Lava International Limited is a prominent Indian multinational company in the mobile handset industry. Founded in 2009, Lava was established as an offshoot of a telecommunication venture by Hari Om Rai, Sunil Bhalla, Shailendra Nath Rai, and Vishal Sehgal. The company is headquartered in Noida, India, and operates across various international markets, including Thailand, Nepal, Bangladesh, Sri Lanka, Indonesia, Mexico, and the Middle East. Lava expanded its presence in Africa by launching products in Egypt in 2016 and is continuing to grow its footprint in the continent.
Present in over 11 countries, Lava is a market leader in multiple regions, ranking as the 4th largest mobile handset brand in India, 2nd largest in Thailand, 3rd largest in Sri Lanka, and 5th largest in Bangladesh. The company is focused on expanding its presence further in Africa.
Product and Design Capabilities
Lava has developed significant mobile handset design capabilities, covering various aspects such as industrial design, mechanical design, hardware design, and software design. The company’s product portfolio includes tablets, feature phones, and smartphones, catering to a wide range of consumer categories. Lava previously offered a broad product range of around 50 devices, including approximately 20 smartphones and 35 feature phones. This range has now been streamlined to fewer than 15 models, including five smartphones and nine feature phones, targeting more specific consumer needs.
Growth and Expansion
Since its inception, Lava has experienced rapid and robust growth, demonstrating profitability and increasing sales from its very first year of operations. With the guiding principle of ‘Create Possibilities,’ Lava is committed to becoming the first global consumer brand from India, empowering individuals worldwide with quality and innovative products. Lava and Xolo are the two primary brands operating under the Lava International umbrella.
Manufacturing and Research Facilities
Lava operates two manufacturing plants in India and is the only Indian mobile brand to design devices domestically and handle PCB Surface Mount Technology (SMT) in-house. The company also boasts an advanced research and development center, alongside its manufacturing facilities located in Noida, which enables it to maintain full control over the design and production process.
Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided
Pros
- Stock is trading at 1.14 times its book value
- Company is expected to give good quarter
- The company has been maintaining a healthy dividend payout of 26.3%
Cons
- Stock is trading at 1.14 times its book value
- Company is expected to give good quarter
- The company has been maintaining a healthy dividend payout of 26.3%
Fundamentals
Lava Unlisted | ₹46 |
---|---|
Shares Price | Per Equity Share |
Lot Size | 250 Shares |
52 Week High | ₹85 |
52 Week LoW | ₹45 |
Depository | NSDL & CDSL |
PAN Number | AABCL5987H |
ISIN Number | INE745X01022 |
CIN | U32201DL2009PLC188920 |
RTA | Link Intime |
Market Cap (in cr.) | ₹ 2489 |
---|---|
P/E Ratio | 73.02 |
P/B Ratio | 2.06 |
Debt to Equity | 0.12 |
ROE (%) | 4% |
Book Value | 17.7 |
Face Value | 5 |
Total Shares | 541126216 |
Financials
P&L Statement | 2024 | 2023 | 2022 |
---|---|---|---|
Revenue | 3646 | 5443 | 5877.64 |
Cost of Material Consumed | 2849 | 4572 | 1147.37 |
Gross Margins | 21.86 | 16 | 80.48 |
Change in Inventory | 218 | -49 | -103.78 |
Employee Benefit Expenses | 181 | 210 | 212.27 |
Other Expenses | 316 | 445 | 4298.11 |
EBITDA | 82 | 265 | 323.67 |
OPM | 2.25 | 4.87 | 5.51 |
Other Income | 21 | 27 | 20.36 |
Finance Cost | 34.5 | 54 | 44.11 |
D&A | 23 | 140 | 96.71 |
EBIT | 59 | 125 | 226.96 |
EBIT Margins | 1.62 | 2.3 | 3.86 |
PBT | 46 | 99 | 203.11 |
PBT Margins | 1.26 | 1.82 | 3.46 |
Tax | 12 | 11 | 16.24 |
PAT | 34 | 88 | 186.87 |
NPM | 0.93 | 1.62 | 3.18 |
EPS | 0.62 | 1.61 | 3.45 |
Financial Ratios | FY24 | FY23 | FY22 |
---|---|---|---|
Operating Margin | 2% | 3% | 4% |
Net Profit Margin | 1% | 2% | 3% |
Return on Equity | 4% | 6% | 8% |
Debt-Equity | 0.12 | 0.15 | 0.14 |
Current Ratio | 1.63 | 1.98 | 2.58 |
Dividend Payout | 0% | 0% | 0% |
Company | LAVA International Ltd | Prabhat Technologies Ltd | HFCL Ltd |
---|---|---|---|
Market Cap (₹ Crores) | 2545 | 107 | 16547 |
Profitability Margin (%) | 3% | -10% | 8% |
ROCE (%) | 8% | -2% | 13% |
ROE (%) | 12% | -4% | 9% |
D/E Ratio | 0.12 | 27.1 | 0.29 |
P/E Ratio | 79.66 | 0 | 44 |
P/B Ratio | 2.67 | 66.5 | 4 |
Book Value per Share (₹) | 17.59 | 1.5 | 29 |
Assets | 2024 | 2023 | 2022 |
---|---|---|---|
Fixed Assets | 48.5 | 269 | 161.96 |
CWIP | 20 | 19 | 56.86 |
Investments | 384 | 107 | 75.62 |
Trade Receivables | 393 | 738 | 1292.11 |
Inventory | 384 | 736 | 682.87 |
Other Assets | 501.5 | 657 | 1123.92 |
Total Assets | 1731 | 2526 | 3393.34 |
Liabilities | 2024 | 2023 | 2022 |
Share Capital | 273.8 | 273.8 | 270.56 |
FV | 5 | 5 | 5 |
Reserves | 679 | 1130 | 2016.75 |
Borrowings | 112 | 306 | 322.41 |
Trade Payables | 404 | 586 | 515.76 |
Other Liabilities | 262.2 | 230.2 | 267.86 |
Total Liabilities | 1731 | 2526 | 3393.34 |