Lak. Prec. Screw

Why is Lakshmi Precision Screws Ltd falling/rising?

As of 17-Jul, Lakshmi Precision Screws Ltd's stock price is at 5.20, showing a 4.84% increase today. However, it has underperformed over various time frames, with declines in the past week, month, and year-to-date, indicating a bearish trend and declining investor interest.

As of 17-Jul, Lakshmi Precision Screws Ltd's stock price is currently at 5.20, reflecting a change of 0.24 (4.84%) increase. Despite this rise in price, the stock has shown a negative performance in various time frames. Over the past week, it has underperformed with a decline of 0.95%, while in the last month, it has decreased by 3.70%. Year-to-date, the stock is down 3.53%, although it has performed positively over the past year with an increase of 10.64%.<BR><BR>Today's trading performance indicates that the stock has underperformed its sector significantly, by 99.49%. Additionally, the stock has not traded on 3 out of the last 20 days, suggesting erratic trading behavior. It is also trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume on 16 July falling by 39.23% compared to the 5-day average.<BR><BR>Overall, while there is a slight increase in the stock price today, the broader context shows a trend of underperformance and declining investor interest, which may contribute to a cautious outlook on the stock's future movements.

Which are the latest news on Lak. Prec. Screw?

How big is Lak. Prec. Screw?

As of 10th June, Lakshmi Precision Screws Ltd has a market capitalization of 5.00 Cr and reported Net Sales of 250.60 Cr, with a Net Profit loss of 33.16 Cr over the latest 4 quarters.

As of 10th June, Lakshmi Precision Screws Ltd has a market capitalization of 5.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 250.60 Cr. However, it experienced a loss of 33.16 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2017, with Shareholder's Funds amounting to 25.82 Cr and Total Assets valued at 462.29 Cr.

Who are in the management team of Lak. Prec. Screw?

The management team of Lak. Prec. Screw includes Lalit Kumar Jain (Chairman & Managing Director), Dinesh Kumar Jain (Vice Chairman & Managing Director), and several other directors, including independent and non-executive members, overseeing the company's governance and strategic direction.

The management team of Lak. Prec. Screw includes the following key members:<BR><BR>1. **Lalit Kumar Jain** - Chairman & Managing Director<BR>2. **Dinesh Kumar Jain** - Vice Chairman & Managing Director<BR>3. **Vijay Kumar Jain** - Joint Managing Director<BR>4. **Rajesh Jain** - Promoter & Non-Executive Director<BR>5. **Sushila Devi Jain** - Director and Promoter & Non-Executive Director<BR>6. **Ravi Shankar** - Non-Executive Independent Director<BR>7. **Brijendra Singh** - Independent Director<BR>8. **Bijendra Singh** - Non-Executive Independent Director<BR>9. **Ravi S Sharma** - Independent Director<BR>10. **Madhav Roy** - Non-Executive Independent Director and Independent Director<BR>11. **Kailash Sarup Bhatnagar** - Non-Executive Independent Director and Independent Director<BR>12. **Saumitra Choudhury** - Non-Executive Independent Director and Independent Director<BR>13. **Santosh Sharma** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in the governance and strategic direction of the company.

Who are the peers of the Lak. Prec. Screw?

Peers of Lak. Prec. Screw include Rasandik Engg., Jagan Lamps, Jainex Aamcol, Sibar Auto Parts, Amforge Inds., Kairosoft AI, Spectra Industri, and Mandeep Auto, with varying management risk and growth assessments. Amforge Inds. has the highest 1-year return at -16.94%, while Kairosoft AI has the lowest at -63.30%.

Peers: The peers of Lak. Prec. Screw are Rasandik Engg., Jagan Lamps, Jainex Aamcol, Sibar Auto Parts, Amforge Inds., Kairosoft AI, Spectra Industri, and Mandeep Auto.<BR><BR>Quality Snapshot: Below Average management risk is observed at Rasandik Engg., Jagan Lamps, Sibar Auto Parts, Kairosoft AI, and the rest. Average management risk is found at Jainex Aamcol and Mandeep Auto. Amforge Inds. and Spectra Industri do not qualify for management risk assessment. For growth, Below Average is noted at Rasandik Engg., Jagan Lamps, Sibar Auto Parts, Kairosoft AI, and the rest, while Average growth is found at Jainex Aamcol and Mandeep Auto. Amforge Inds. and Spectra Industri do not qualify for growth assessment. In terms of capital structure, Good is observed at Jagan Lamps and Mandeep Auto, while Below Average is noted at Rasandik Engg., Jainex Aamcol, Sibar Auto Parts, and Kairosoft AI, with Amforge Inds. and Spectra Industri not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Amforge Inds. at -16.94%, while the lowest is Kairosoft AI at -63.30%. Lak. Prec. Screw's 1-year return is -4.81%, which is better than Kairosoft AI but worse than Amforge Inds. Additionally, peers with a negative six-month return include Rasandik Engg., Jagan Lamps, Jainex Aamcol, Sibar Auto Parts, Amforge Inds., Kairosoft AI, Spectra Industri, and the rest.

What does Lak. Prec. Screw do?

Lakshmi Precision Screws Ltd is a micro-cap manufacturer of fasteners for the auto components industry, with a market cap of INR 5 Cr and reported net sales of 51 Cr and a net loss of 13 Cr for December 2017. The company has a high debt-to-equity ratio of 10.71 and a negative return on equity of -141.74%.

Overview: <BR>Lakshmi Precision Screws Ltd is a manufacturer of fasteners for the auto components industry, classified as a micro-cap company.<BR><BR>History: <BR>Incorporated on 27th December 1968, Lakshmi Precision Screws Ltd has established itself as a leading fastener manufacturer in the organized sector. The latest quarterly results reported net sales and profit for December 2017.<BR><BR>Financial Snapshot: <BR>Net Sales: 51 Cr (Quarterly Results - Dec 2017) <BR>Net Profit: -13 Cr (Quarterly Results - Dec 2017) <BR>Market cap: INR 5 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 10.71 <BR>Return on Equity: -141.74% <BR>Price to Book: 0.23<BR><BR>Contact Details: <BR>Address: 46/1 Milestone, Hissar Road Rohtak Haryana : 124001 <BR>Tel: 91-1262-248790/248289 <BR>Email: corp_aff@ipsboi.com <BR>Website: http://www.lpsindia.com

Who are the top shareholders of the Lak. Prec. Screw?

The top shareholders of Lak. Prec. Screw include promoters, with Rajesh Jain holding 15.87%, and individual investors owning 35.22%. The highest public shareholder is Arun Kumar Jain at 4.83%, while mutual funds and foreign institutional investors have minimal holdings.

The top shareholders of Lak. Prec. Screw primarily include the promoters, with Rajesh Jain holding the largest individual stake at 15.87%. The company does not have any pledged promoter holdings. Additionally, individual investors collectively own 35.22% of the shares. The highest public shareholder is Arun Kumar Jain, who holds 4.83%. Mutual funds and foreign institutional investors have minimal holdings, with mutual funds holding 0.01% across two schemes and six FIIs holding 0.02%.

Is Lak. Prec. Screw overvalued or undervalued?

As of April 25, 2023, Lak. Prec. Screw is considered risky and overvalued due to poor financial ratios, including a negative PE ratio and high EV to EBITDA, especially when compared to its peers, and despite a one-year stock return of 11.46%, it underperforms relative to the Sensex's 7.84%.

As of 25 April 2023, the valuation grade for Lak. Prec. Screw has moved from does not qualify to risky, indicating a significant shift in its investment profile. The company appears to be overvalued based on its key financial ratios, including a PE ratio of -0.16, an EV to EBITDA of 255.62, and a ROE of -141.74%. These figures suggest that the company is struggling to generate profits and is facing substantial financial challenges.<BR><BR>In comparison to its peers, Lak. Prec. Screw's valuation stands out unfavorably. For instance, Sundram Fastenings is categorized as expensive with a PE ratio of 39.02, while Sterling Tools and Simm. Marshall are both attractive with PE ratios of 23.12 and 15.54, respectively. The stark contrast in these valuations reinforces the notion that Lak. Prec. Screw is overvalued in its current state. Additionally, the company's recent stock performance has been lackluster compared to the Sensex, with a one-year return of 11.46% against the Sensex's 7.84%, which does not significantly bolster its valuation case.

What is the technical trend for Lak. Prec. Screw?

As of May 29, 2025, the market trend is mildly bearish due to bearish signals from daily moving averages and KST, despite some mildly bullish indicators from the weekly MACD and Dow Theory, suggesting caution is warranted.

As of 29 May 2025, the technical trend has changed from does not qualify to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly KST showing bearish momentum. The weekly Bollinger Bands also reflect a mildly bearish outlook. While the weekly MACD is mildly bullish and Dow Theory indicates a mildly bullish stance, these are overshadowed by the overall bearish signals from the moving averages and KST. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum. Overall, the mixed signals suggest caution in the current market environment.

How has been the historical performance of the Lak. Prec. Screw?

Lak. Prec. Screw experienced a significant decline in financial performance from March 2015 to March 2017, with net sales dropping from Rs 425.42 crore to Rs 286.81 crore and a net loss of Rs 40.94 crore in March 2017 compared to a profit of Rs 3.10 crore in March 2015. The company faced increasing losses, decreasing operating profit, and a notable reduction in cash flow during this period.

Answer:<BR>The historical performance of Lak. Prec. Screw shows a declining trend in net sales and profitability over the years, particularly from March 2015 to March 2017.<BR><BR>Breakdown:<BR>Lak. Prec. Screw's net sales decreased from Rs 425.42 crore in March 2015 to Rs 286.81 crore in March 2017, indicating a significant decline in revenue. The total operating income followed a similar trend, dropping from Rs 427.76 crore in March 2015 to Rs 286.81 crore in March 2017. The company faced increasing raw material costs, which fell from Rs 138.62 crore in March 2015 to Rs 88.80 crore in March 2017, but this did not offset the overall decline in sales. Operating profit (PBDIT) also saw a sharp decrease, falling from Rs 54.50 crore in March 2015 to Rs 16.85 crore in March 2017. The profit before tax turned negative, going from Rs 4.40 crore in March 2015 to Rs -40.93 crore in March 2017, and the profit after tax reflected a similar downturn, resulting in a net loss of Rs 40.94 crore in March 2017 compared to a profit of Rs 3.10 crore in March 2015. The company's total liabilities decreased from Rs 546.48 crore in March 2015 to Rs 462.29 crore in March 2017, while total assets also declined from Rs 546.48 crore to Rs 462.29 crore in the same period. Cash flow from operating activities decreased significantly, dropping from Rs 59.39 crore in March 2015 to Rs 30.18 crore in March 2017, contributing to a net cash outflow of Rs 2.30 crore in March 2017. Overall, the financial metrics indicate a challenging period for Lak. Prec. Screw, marked by declining revenues and increasing losses.

When is the next results date for Lak. Prec. Screw?

No Upcoming Board Meetings

Has Lak. Prec. Screw declared dividend?

Yes, Lakshmi Precision Screws Ltd has declared an 8% dividend, amounting to ₹0.80 per share, with an ex-date of September 18, 2013. However, the total returns over various periods have shown mixed performance, with significant fluctuations in price returns.

Lakshmi Precision Screws Ltd has declared an 8% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 8%<BR>- Amount per share: 0.8000<BR>- Ex-date: 18 Sep 13<BR><BR>Dividend Yield: 0.8000 per share<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.42%, the dividend return was 0%, resulting in a total return of -18.42%.<BR><BR>Over the past year, the price return was 8.3%, with a dividend return of 0%, leading to a total return of 8.3%.<BR><BR>In the 2-year period, the price return was 15.08%, the dividend return was 0%, and the total return was 15.08%.<BR><BR>For the 3-year period, the price return was -17.33%, with a dividend return of 0%, resulting in a total return of -17.33%.<BR><BR>In the last 4 years, the price return was 9.01%, the dividend return was 0%, leading to a total return of 9.01%.<BR><BR>Finally, over the 5-year period, the price return was 50.76%, with a dividend return of 0%, resulting in a total return of 50.76%.<BR><BR>Overall, while Lakshmi Precision Screws Ltd has declared a dividend, the dividend yield remains low, and the total returns over various periods show a mixed performance, with significant fluctuations in price returns.