Lords Mark Industries Pvt Ltd

Platform	Last Traded Price	Min Quantity

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.

Balance Sheet	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

Profit & Loss	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	-

Shareholding Pattern

No shareholding data available.

Fundamentals

Quick Insights

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.

Market Cap-

PE Ratio-

EPS₹2.2

Dividend Yield-

Book Value₹20.17 Cr

Debt/Equity1.843

Price/Book-

Price/Sales-

Industry PE-

Sales₹422.24 Cr

Profit After Tax₹11.7 Cr

Share Capital₹56.24 Cr

Shares Outstanding-

ISININE0MPL01010

SectorPaper, LED-Solar, and Diagnostics and Medtech

Symbol-

About Company

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.