Lakshmi Electrical Control Systems Falls to 52-Week Low of Rs.706.25

Recent Price Movement and Market Context

On 21 Nov 2025, Lakshmi Electrical Control Systems touched an intraday low of Rs.706.25, representing a 3.48% decline during the trading session. This level is the lowest the stock has traded at in the past 52 weeks, underscoring a period of sustained downward momentum. Over the last three trading days, the stock has recorded a cumulative return of -6.22%, signalling a consistent retreat from previous price levels.

The stock’s performance today also lagged behind its sector, underperforming by 0.28%. This contrasts with the broader market, where the Sensex opened 285.28 points lower but remains only 0.55% below its 52-week high of 85,801.70. The Sensex continues to trade above its 50-day and 200-day moving averages, indicating a generally bullish trend for the benchmark index despite the pressures on Lakshmi Electrical Control Systems.

In terms of technical indicators, Lakshmi Electrical Control Systems is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This positioning suggests a prevailing weakness in the stock’s price trend relative to its historical trading ranges.

Long-Term Performance and Financial Metrics

Over the past year, Lakshmi Electrical Control Systems has recorded a return of -44.48%, a stark contrast to the Sensex’s 10.56% gain over the same period. The stock’s 52-week high was Rs.1,349.95, highlighting the extent of the decline to the current low. This underperformance extends beyond the last year, with the stock also lagging behind the BSE500 index across one-year, three-month, and three-year timeframes.

Financially, the company’s return on equity (ROE) stands at 4.96%, indicating modest profitability relative to shareholders’ funds. This figure points to limited efficiency in generating returns from equity capital. Operating profit growth over the last five years has averaged 16.28% annually, reflecting some expansion but at a pace that may not meet investor expectations for robust long-term growth.

Recent quarterly results show a notable contribution from non-operating income, which accounted for 232.69% of profit before tax (PBT), suggesting that core business earnings have been subdued. Additionally, the company’s operating cash flow for the year was recorded at Rs.5.41 crores, the lowest in recent periods, while the debtors turnover ratio for the half-year was 0.34 times, indicating slower collection efficiency.

Balance Sheet and Valuation Considerations

Lakshmi Electrical Control Systems maintains a low average debt-to-equity ratio of 0.01 times, reflecting minimal reliance on debt financing. The stock’s price-to-book value ratio is 0.7, which suggests a valuation that is fair relative to its book value but trades at a premium compared to peer averages based on historical valuations.

Profitability trends over the past year show a decline of 23.5%, aligning with the downward trajectory in share price. The majority of the company’s shares are held by non-institutional investors, which may influence trading dynamics and liquidity.

Sector and Market Environment

The Other Electrical Equipment sector, to which Lakshmi Electrical Control Systems belongs, has experienced mixed performance in recent sessions. While the broader market indices such as the Sensex maintain a positive trend, individual stocks within the sector have shown varied results. Lakshmi Electrical Control Systems’ current price level contrasts with the sector’s overall movement, reflecting company-specific factors impacting its valuation.

Despite the stock’s recent declines, the sector continues to attract attention due to its role in the electrical equipment industry, which is integral to infrastructure and industrial development. However, Lakshmi Electrical Control Systems’ financial indicators and price trends suggest challenges in aligning with sector momentum.

Summary of Key Data Points

To summarise, Lakshmi Electrical Control Systems’ stock has reached Rs.706.25, its lowest point in 52 weeks, following a three-day decline and a year-long return of -44.48%. The company’s ROE of 4.96% and operating profit growth of 16.28% over five years indicate modest financial performance. Operating cash flow and debtor turnover ratios remain subdued, while non-operating income has played a significant role in recent profitability. The stock trades below all major moving averages and at a price-to-book ratio of 0.7, with a low debt-to-equity ratio of 0.01 times.

These factors collectively provide a comprehensive view of the stock’s current standing within its sector and the broader market context.

Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →