📝 Lak. Prec. Screw — results explained
Quarter ended December 2017 (Q3 FY18)
Lak. Prec. Screw reported revenue of ₹51 crore for the quarter ended December 2017 (Q3 FY18), down 16.4% from ₹61 crore in the same quarter last year, and down 8.9% sequentially over the September 2017 quarter.
The company reported a net loss of ₹13 crore, against a net loss of ₹18 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-11.57.
Operating profit stood at ₹0 crore — an operating margin (OPM) of 0.0%, compared with -3.3% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY18, Lak. Prec. Screw posted revenue of ₹158 crore, a decline of 38.5% over FY17, with a net loss of ₹38 crore.
On a trailing-twelve-month (TTM) basis, revenue stands at ₹231 crore with a net loss of ₹33 crore.
Valuation snapshot
At the current price of ₹5.00, LAKPRE has a market capitalisation of ₹11 crore.
Within the Fasteners industry, it is the 3rd-largest of the 3 companies we track by market value.
Shareholding pattern
As of Sep 2019, promoters held 62.85%, foreign institutional investors (FIIs) 0.01%, domestic institutional investors (DIIs) 0.03%, public shareholders 37.11% of Lak. Prec. Screw.