Latteys Industries Ltd.

Latteys Industries Ltd.

NNSE:LATTEYS
19.61
INR
+0.04
(+0.20%)
0.61EPS
25.96P/E
908.43MMarket 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
3.23
3.74
4.53
6.21
7.73
4.71
4.26
4.71
7.11
9.13
11.05
13.95
20.32
19.99
Basic EPS, GAAP
0.02
0.02
0.05
0.11
0.25
0.14
0.07
0.09
0.18
0.23
0.26
0.31
0.62
0.61
Free Cash Flow per Basic Share
-1
-0.09
-0.19
-0.08
-0.59
-0.94
-0.07
0.4
0.31
0.23
-0.56
1.65
-2.06
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.16
0.23
0.43
0.6
1.21
2.36
2.43
2.52
2.71
2.94
3.21
3.53
4.15
4.15
Tangible Book Value per Share
0.16
0.23
0.43
0.6
1.2
2.35
2.43
2.52
2.7
2.93
3.19
3.51
4.13
4.13
Basic Weighted Avg Shares
57
57
57
57
42
57
57
57
57
57
57
57
57
58
Sales/Revenue/Turnover
186
215
260
357
326
271
245
271
409
525
635
802
1,168
1,169
Operating Margin (%)
3.99
4.33
5.03
5.85
7.66
7.31
6.48
8.14
5
4.58
5.56
5.27
6.79
5.16
Depreciation Expense
1
3
3
5
6
7
9
8
8
12
14
6
5
5
Net Income, GAAP
1
1
3
6
11
8
4
5
10
13
15
18
36
36
Effective Tax Rate (%)
31.34
30.2
31.94
36.98
28.58
26.3
30.14
25.65
26.6
26.79
26.35
29.46
25.31
25.39
Profit Margin (%)
0.76
0.65
1.19
1.8
3.22
2.92
1.71
1.89
2.53
2.53
2.35
2.25
3.04
3.04
Working Capital
11
4
8
16
28
87
99
102
109
109
96
125
174
174
LT Debt
30
26
30
33
40
28
33
30
16
11
8
1
- -
- -
Total Equity
9
13
25
35
51
136
140
145
156
169
184
203
238
238
Return on Invested Capital (%)
- -
8.65
9.39
10.47
11.58
6.4
4.04
3.72
5.11
6.05
7.65
8.39
11.85
11.83
Return on Capital (%)
- -
8.29
9.15
10.6
12.2
7.36
5.05
5.37
6.48
7.11
7.75
8.36
11.48
12.05
Return on Common Equity (%)
- -
12.48
16.23
21.64
24.53
8.48
3.05
3.59
6.88
8.18
8.45
9.33
16.11
16.13

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
79
- -
218
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
57
57
57
Market Capitalization
1,140
1,291
908

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
428
- -
718
Cash, Cash Equivalents & STI
9
- -
6
Accounts Receivable, Net
258
- -
440
Inventories
141
- -
231
Total Current Liabilities
262
- -
544
Payables & Accruals
- -
- -
- -
ST Debt
79
- -
218
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
31.09%
10.53%
17.54%
Free Cash Flow
-123.89%
-201.88%
-224.37%
Net Income, GAAP
38.15%
52.18%
96.79%
Sales/Revenue/Turnover
18.48%
34.45%
45.67%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
635
2025
197
187
174
244
802
2026
236
205
339
389
1,168

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.26
2025
0.07
0.12
0.04
0.09
0.31
2026
0.11
0.1
0.16
0.24
0.62

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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

Company Description

CEO
Kapoor Chand Garg
Full Time Employees
176
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Plot No. 16 Ahmedabad GU India 382330
IPO Date
Jun 5, 2018
Business
Latteys Industries Limited manufactures energy-efficient submersible pumps, solar pumping systems, and related water management solutions for agricultural, domestic, industrial, horticultural, and sewage applications; its core products include solar pumping systems with AC and DC motors, stainless steel pump sets for international markets, electric induction motors, submersible pump sets for agriculture and domestic use, self-priming pumps for household needs, pressure booster pumps, centrifugal monoblock pumps, shallow-well pumps, horizontal openwell submersible pumpsets, V3/V4 and V5-V10 submersible pumps, and sewage pumps. Founded in 2004 and headquartered in Ahmedabad, Gujarat, the company operates manufacturing facilities in GIDC Naroda with an annual production capacity of approximately 159,500 pumps, holds ISO 9001:2015 certification and multiple BIS standards, and exports 30% of its production to Asian countries and the UAE through a network of over 2,000 dealers and retailers across India and abroad. In 2024, Latteys secured major orders under India's PM-KUSUM scheme including a Rs 30 crore contract from Rajasthan Horticulture Department for 1,000 off-grid solar photovoltaic water pumping systems, additional solar submersible pump orders totaling Rs 37.525 crore plus GST from OEMs, state governments in Jharkhand, Maharashtra, and exports, while expanding empanelment in Madhya Pradesh, Gujarat, and Uttar Pradesh to support green energy initiatives.