Focus Lighting and Fixtures Ltd

Focus Lighting and Fixtures Ltd

NNSE:FOCUS
50.00
INR
-2.53
(-4.82%)
0.64EPS
88.21P/E
3.91BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
8.52
10.28
15.15
17.77
18.54
23.88
17.31
11.59
18.69
25.84
34.22
27.27
27.93
16.6
Basic EPS, GAAP
0.19
0.27
0.73
1
1.2
1.92
0.4
-0.45
0.81
3.55
5.99
2.26
0.75
0.66
Free Cash Flow per Basic Share
0.35
0.07
0.52
- -
0.44
1.21
0.48
0.29
0.42
-3.63
-2.99
0.69
0.95
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
0.06
- -
- -
- -
0.3
0.49
- -
- -
Book Value per Share
0.74
0.97
1.52
3.16
4.29
6.22
6.6
6.13
6.95
13.78
19.51
21.02
21.77
21.77
Tangible Book Value per Share
0.74
0.97
1.52
3.16
4.29
6.22
6.6
6.13
6.95
13.74
19.51
21.02
21.73
21.73
Basic Weighted Avg Shares
40
40
40
40
50
51
57
52
56
65
65
67
67
65
Sales/Revenue/Turnover
342
413
608
714
921
1,210
993
600
1,054
1,686
2,238
1,833
1,878
1,087
Operating Margin (%)
6.9
-7.84
8.67
7.84
11.76
11.35
4.6
-5.44
33.91
-77.29
18.93
9.79
3.6
4.86
Depreciation Expense
2
3
4
4
8
23
35
41
34
46
58
81
98
51
Net Income, GAAP
8
11
29
40
60
98
23
-23
46
232
392
152
51
43
Effective Tax Rate (%)
34.4
31.78
35.87
33.37
39.49
27.37
47.14
- -
23.36
22.35
13.37
24.06
33.09
27.16
Profit Margin (%)
2.22
2.67
4.8
5.63
6.47
8.06
2.31
-3.88
4.32
13.74
17.5
8.29
2.7
3.97
Working Capital
20
38
80
94
130
172
194
179
214
587
946
878
809
809
LT Debt
2
10
19
1
- -
3
2
53
41
51
143
132
103
103
Total Equity
38
49
77
117
217
315
334
311
352
899
1,287
1,402
1,463
1,463
Return on Invested Capital (%)
21.89
-27.9
30.41
31.21
31.34
32.8
6.65
- -
66.02
-143.47
28.15
8.82
2.51
2.33
Return on Capital (%)
14.59
17.43
29.98
35.25
33.48
34.6
7.14
- -
12.41
34.72
33.55
10.33
3.5
2.99
Return on Common Equity (%)
22.36
25.43
46.27
41.29
35.61
36.64
7.07
-7.22
13.74
37
35.84
11.3
3.54
3.01

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
66
31
106
LT Borrowings
106
96
90
LT Finance Leases
26
- -
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
67
Market Capitalization
5,187
6,044
3,909

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,342
1,392
1,360
Cash, Cash Equivalents & STI
57
192
96
Accounts Receivable, Net
695
533
577
Inventories
476
514
526
Total Current Liabilities
464
519
551
Payables & Accruals
- -
- -
- -
ST Debt
66
31
106
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
40.63%
45.01%
4.38%
Free Cash Flow
- -
-227.41%
38.66%
Net Income, GAAP
-7.42%
10.78%
-66.62%
Sales/Revenue/Turnover
17.3%
30.57%
2.43%
Total Cash Common Dividend
- -
- -
-99.97%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
562
- -
596
2,238
2025
- -
454
- -
415
1,833
2026
- -
488
- -
599
1,878

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.48
- -
1.62
5.99
2025
- -
0.74
- -
0.17
2.26
2026
- -
0.26
- -
0.4
0.75

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.3
2025
- -
- -
- -
- -
0.49
2026
- -
- -
- -
- -
- -

Company Description

CEO
Amit Vinod Sheth
Full Time Employees
214
Sector
Producer manufacturing
Industry
Electrical products
Address
Plot No. 71/72 Mumbai MA India 382213
IPO Date
Apr 13, 2017
Business
Focus Lighting and Fixtures Limited (NSE: FOCUS.NS), incorporated in 2005 and headquartered in Mumbai, India, manufactures and trades innovative LED lighting fixtures and solutions, with a primary focus on high-end retail, architectural, home, infrastructure, and railway applications. The company operates through Own Manufactured and Trading segments, offering recessed adjustable spotlights, recessed downlights, surface-mounted spotlights, surface-mounted/suspended downlights, system-based spotlights/wall washers, track-mounted spotlights, LED tube lights, ceiling lights, panel lights, façade lighting, underwater lighting, accent lighting, and intelligent solutions powered by L&B technology including IoT-enabled products such as tunable lighting, human-centric lighting, and smart poles like Deep Stambh; brands include Plus Light Tech, TRIX, and Lumens & Beyond. It serves retail chains, residential customers, airports, and infrastructure projects primarily in India, emphasizing energy efficiency, glare control below UGR 9, sustainable designs, and a standard five-year warranty on products. In April 2025, the company completed the acquisition of Xandos Lighting and Fixtures Private Limited, establishing it as a wholly-owned subsidiary to bolster its manufacturing capabilities. Recent strategic developments include securing a Rs 1.88 crore LED lighting order from Gandhinagar Municipal Corporation in October 2025 for city beautification and ongoing advanced-stage talks reported in July 2025 for Panasonic to acquire a controlling stake valued at approximately Rs 526 crore, involving promoter shareholding and a mandatory open offer. The company listed on the NSE SME board in April 2017 and migrated to the main board in November 2021, with recent expansions into IoT and new segments over the past five years.