Lords Mark Industries Pvt Ltd - Unlisted Shares
Fundamentals
- Current Price
- ₹0
- Market Cap
- 0
- ISIN
- INE0MPL01010
- Face Value
- ₹5
- P/E Ratio
- 0
- EPS
- ₹2.20
- P/B Ratio
- 0
- Book Value
- 20.17
- Debt / Equity Ratio
- 1.843
Key Financials
Profit & Loss
| Metric | FY2024 | FY2023 |
|---|---|---|
| Revenue from Operations | 422.24 | 301.08 |
| Growth % | 40.24% | - |
| Operating Expenses | 386.57 | 278.55 |
| Growth % | 38.78% | - |
| Operating Profit | 35.67 | 22.53 |
| Op. Profit Margin % | 8.45% | 7.48% |
| Other Income | 1.50 | 0.89 |
| Finance Costs | 16.60 | 11.30 |
| Depreciation | 4.83 | 4.60 |
| Profit Before Tax | 15.74 | 7.53 |
| Tax | 4.04 | 1.85 |
| Tax % | 25.67% | 24.58% |
| Profit After Tax | 11.70 | 5.68 |
| Growth % | 106.13% | - |
| PAT % | 2.77% | 1.89% |
| Diluted EPS | 2.20 | - |
Company Financials
| Metric | FY2024 | FY2023 |
|---|---|---|
| Equity Capital | 56.24 | 28.29 |
| Reserves | 50.91 | 19.14 |
| Total Equity | 107.15 | 47.43 |
| Borrowings | 81.51 | 72.22 |
| Other Non-Current Liabilities | 0 | 0 |
| Total Non current Liabilities | 81.51 | 72.22 |
| Borrowings | 115.91 | 94.69 |
| Provisions | 6.06 | 4.64 |
| Other Current Liabilities | 8.94 | 10.85 |
| Total current Liabilities | 130.91 | 110.18 |
| Equity + Liabilities | 319.57 | 229.83 |
| Fixed Assets (incl. WIP) | 47.31 | 35.19 |
| Other Non Current Assets | 6.70 | 2.01 |
| Total Non Current Assets | 54.00 | 37.20 |
| Trade Receivables | 145.82 | 81.74 |
| Cash & Cash Equivalents | 17.71 | 9.91 |
| Other Current Assets | 101.74 | 100.98 |
| Total current Assets | 265.26 | 192.63 |
| Preliminary Expenses | 0.30 | 0 |
| Total Assets | 319.57 | 229.83 |
Strengths & Weaknesses
Strengths
- Established Expertise: Founded in 1998, Lord’s Mark Industries leverages 25+ years of experience from its promoters, fostering strong supplier/customer ties and product diversification.
- Improved Financials: Gearing reduced from 3.59x (FY23) to 1.94x (FY24 provisional) with ₹28 crore equity infusion; adjusted gearing at 0.98x and strong debt metrics.
- Diversified Operations: Revenue from key divisions—Paper Products (₹74.90 crore), Solar LED (₹172.22 crore, ₹1,415 crore backlog), and Pharma (₹56.45 crore order book).
- Growth Outlook: A robust order book and diversified portfolio ensure sustained growth and financial stability.
Weaknesses
- Improved Operating Cycle The operating cycle improved to 171 days in FY24 (provisional) from 176 days in FY23 and 186 days in FY22, driven by reduced inventory (103 to 82 days) and collection periods (230 to 98 days). Low counterparty risk is ensured due to a government-focused clientele.
- Intense Competition and Tender-Based Revenue The company’s reliance on tender-based contracts for its paper, LED, and solar businesses makes it vulnerable to competitive pressures, which also constrain margins.
- Challenges in Paper and Pharma Segments The paper industry’s cyclicality and fragmentation, particularly in the industrial paper segment, pose challenges due to competition from unorganized players. Similarly, the pharma segment, being highly regulated, requires timely approvals and licenses, which could impact future expansion.
About Lords Mark Industries Pvt Ltd
Lord’s Mark Industries Private Limited (LMIPL), established on July 1, 1998, has its registered office in Mumbai. The company operates across multiple sectors, including the processing of continuous printed stationery, copier paper slitting, manufacturing of LED products, and the design and installation of solar lighting systems through EPC services.
Board of Directors
- Vinay Sharda - Director Admin
- Veer Singh - Independent Director
- Vinod Tiwari - Independent Director
- Subodh Gupta - Independent Director
- Manish Mehta - Independent Director
Senior Management
- Dr. Sachidanand Upadhyay - Promoter, MD and CEO
- Manav Teli - Executive Director