Lerthai Finance

Who are the top shareholders of the Lerthai Finance?

The top shareholders of Lerthai Finance are Calvera Capital Pte Ltd, holding 75.0%, followed by three foreign institutional investors with 16.04%, and Sparrow Asia Diversified Opportunities Fund, the largest public shareholder at 8.73%. Individual investors own a combined 7.26%, with no pledged promoter holdings reported.

The top shareholders of Lerthai Finance include Calvera Capital Pte Ltd, which holds a significant 75.0% stake as the major promoter. Additionally, there are three foreign institutional investors (FIIs) that collectively hold 16.04% of the company. The highest public shareholder is Sparrow Asia Diversified Opportunities Fund, owning 8.73%. Individual investors also hold a combined 7.26% of the shares. Overall, the majority of the shares are held by promoters, with no pledged promoter holdings reported.

how big is Lerthai Finance?

As of Jun 06, Lerthai Finance Ltd. has a market capitalization of 32.00 Cr, classifying it as a Micro Cap company. The latest quarterly performance shows net sales of 0.00 Cr and a net profit of -0.03 Cr, with shareholder's funds at 10.14 Cr and total assets of 10.54 Cr as of Mar'24.

Market Cap: As of Jun 06, Lerthai Finance Ltd. has a market capitalization of 32.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 0.00 Cr. The sum of Net Profit for the same quarters is -0.03 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 10.14 Cr, and the Total Assets amount to 10.54 Cr.

Has Lerthai Finance declared dividend?

No Dividend History Available

Who are the peers of the Lerthai Finance?

Lerthai Finance's peers include Coal India, Doms Industries, Sandur Manganese, and others, with varying management and growth risks. Doms Industries leads in 1-year returns at 32.62%, while Coal India has the lowest at -23.38%.

Peers: The peers of Lerthai Finance are Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, Infomedia Press, Laffans Petroch, Agarwal Float, and Winny Immigratio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coal India, Sandur Manganese, while Good management risk is found at Doms Industries, and Average management risk is found at Navneet Educat., Flair Writing, Agarwal Float, and Winny Immigratio, with Below Average management risk at Laffans Petroch and A G Universal. Excellent growth is noted for Coal India, Doms Industries, and Sandur Manganese, while Good growth is seen at Agarwal Float, Average growth at Navneet Educat., Flair Writing, and Winny Immigratio, and Below Average growth at Laffans Petroch and A G Universal. Excellent capital structure is present in Coal India, Doms Industries, Sandur Manganese, and Navneet Educat., while Below Average capital structure is noted for Laffans Petroch and Agarwal Float, and Average capital structure is found at Winny Immigratio.<BR><BR>Return Snapshot: Doms Industries has the highest 1-year return at 32.62%, while Coal India has the lowest at -23.38%, with Lerthai Finance's own 1-year return at 22.11%, indicating a better performance than Coal India. Additionally, Laffans Petroch and A G Universal have negative six-month returns.

Is Lerthai Finance overvalued or undervalued?

As of April 25, 2023, Lerthai Finance is considered overvalued and risky due to poor financial ratios, including a PE ratio of -31.50 and a year-to-date stock decline of 18.57%, significantly underperforming compared to its peers and the Sensex.

As of 25 April 2023, Lerthai Finance's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company is currently assessed as overvalued, primarily due to its troubling financial ratios, including a PE ratio of -31.50, an EV to EBIT of -24.26, and a ROCE of -21.53%. These figures suggest that the company is struggling to generate profits relative to its valuation.<BR><BR>In comparison to its peers, Lerthai Finance's ratios stand out negatively; for instance, MMTC has a PE ratio of 119.39 and an EV to EBITDA of -70.04, while PTC India, considered very attractive, boasts a PE of 9.02 and an EV to EBITDA of 4.14. The stark contrast in these ratios highlights Lerthai Finance's challenges within its industry. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date decline of 18.57% compared to the Sensex's gain of 5.62%, reinforcing the notion that Lerthai Finance is currently overvalued.

What is the technical trend for Lerthai Finance?

As of May 22, 2025, Lerthai Finance's trend is mildly bullish due to positive daily moving averages, but caution is advised as weekly and monthly MACD signals are mildly bearish, despite support from the KST and mixed signals from Dow Theory.

As of 22 May 2025, the technical trend for Lerthai Finance has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating a positive trend. However, the weekly and monthly MACD are both mildly bearish, suggesting some caution. The KST remains bullish on both weekly and monthly time frames, providing some support for the mildly bullish outlook. The Dow Theory shows a mixed signal with a mildly bearish weekly stance and a mildly bullish monthly stance. Overall, while there are some positive indicators, the presence of bearish signals in the MACD and Bollinger Bands indicates a lack of strong momentum.

Who are in the management team of Lerthai Finance?

As of March 2022, the management team of Lerthai Finance includes Aparna Goel (Director), Jayant Goyal (Executive Director), Shao Xing Yang (Chairman & Director), Ntasha Berry (Independent Director), and Sneha Khandelwal (Company Secretary & Compliance Officer).

As of March 2022, the management team of Lerthai Finance includes the following individuals:<BR><BR>1. Aparna Goel - Director<BR>2. Jayant Goyal - Executive Director<BR>3. Shao Xing Yang - Chairman & Director<BR>4. Ntasha Berry - Independent Director<BR>5. Sneha Khandelwal - Company Secretary & Compliance Officer

What does Lerthai Finance do?

Lerthai Finance Ltd. is a micro-cap company focused on identifying business opportunities, formerly known as Marathwada Refractories Limited. As of March 2025, it reported a net profit of -2 Cr and has a market cap of INR 30 Cr.

Overview:<BR>Lerthai Finance Ltd. operates in the miscellaneous industry as a micro-cap company, currently focused on identifying business opportunities.<BR><BR>History:<BR>Lerthai Finance Ltd. was incorporated on November 2, 1979, in Aurangabad and was formerly known as Marathwada Refractories Limited. The company changed its name to Lerthai Finance Limited on December 28, 2018. The latest quarterly results reported a net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 30 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A (Loss Making)<BR>Industry P/E: 35<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.72<BR>Return on Equity: -0.30%<BR>Price-to-Book: 2.94<BR><BR>Contact Details:<BR>Address: # 41 Vittal Mallya Road, Bangalore Karnataka: 560001<BR>Tel: +91-80-41300000<BR>Email: N/A<BR>Website: N/A

How has been the historical performance of Lerthai Finance?

Lerthai Finance has demonstrated stable financial performance from March 2020 to March 2025, maintaining a consistent share capital and a debt-free status, with total reserves peaking at Rs 9.44 crore in March 2024. Cash balances fluctuated, and the book value per share remained relatively stable, indicating effective cash flow management.

Answer:<BR>The historical performance of Lerthai Finance shows a consistent pattern in its financial metrics over the years.<BR><BR>Breakdown:<BR>Lerthai Finance has maintained a stable share capital of Rs 0.70 crore from March 2020 to March 2025. The total reserves peaked at Rs 9.44 crore in March 2024, slightly declining to Rs 9.42 crore in March 2025, while shareholder's funds increased from Rs 9.78 crore in March 2020 to Rs 10.12 crore in March 2025. The company has not taken on any long-term or short-term borrowings during this period, indicating a debt-free status. Total liabilities have remained relatively stable, with a slight decrease from Rs 10.54 crore in March 2024 to Rs 10.47 crore in March 2025. Total assets also showed a minor decline from Rs 10.54 crore to Rs 10.47 crore over the same period. Cash and bank balances have fluctuated, decreasing from Rs 9.42 crore in March 2023 to Rs 7.24 crore in March 2025, while the net cash inflow for March 2025 was Rs 1.00 crore, contrasting with a net outflow of Rs 4.00 crore in March 2024. The book value per share adjusted slightly from Rs 144.88 in March 2024 to Rs 144.61 in March 2025, reflecting a stable valuation over the years. Overall, Lerthai Finance has shown a consistent financial structure with no significant fluctuations in its capital and liabilities, while managing its cash flow effectively.

When is the next results date for Lerthai Finance Ltd.?

The next results date for Lerthai Finance Ltd. is 12 February 2026.

The next results date for Lerthai Finance Ltd. is scheduled for 12 February 2026.

Why is Lerthai Finance Ltd. falling/rising?

As of 05-May, Lerthai Finance Ltd. is stable at 700.00, showing a strong upward trend with a 39.72% increase over the past month. However, a 28.57% drop in delivery volume indicates declining investor participation, which may affect future price movements.

As of 05-May, Lerthai Finance Ltd. is experiencing a stable stock price at 700.00, with no change reported (0.00%). However, the stock has shown significant positive performance over various periods, which indicates a rising trend overall. In the past week, the stock has increased by 4.48%, outperforming the Sensex, which only rose by 0.17%. Over the past month, Lerthai Finance has surged by 39.72%, while the Sensex increased by just 5.04%. Year-to-date, the stock is up 34.50%, contrasting sharply with the Sensex's decline of 9.63%.<BR><BR>Today's trading performance indicates that the stock opened with a gain of 4.63% and reached an intraday high of Rs 700, maintaining this price throughout the trading session. Additionally, Lerthai Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive indicator of its price momentum.<BR><BR>Despite these positive trends, there are signs of falling investor participation, as evidenced by a 28.57% decrease in delivery volume compared to the 5-day average. This decline in participation could suggest a potential concern for future price movements. Nonetheless, the stock remains liquid enough for trading, indicating that it can still attract investors despite the recent drop in delivery volume.<BR><BR>In summary, while Lerthai Finance Ltd. is currently stable at 700.00, its recent performance over various timeframes shows a strong upward trend, although decreasing investor participation may pose a challenge moving forward.

Which are the latest news on Lerthai Finance?