Wednesday, April 14, 2010

LAKSHMI ELECRICAL CONTROL SYSTEMS 


Lakshmi Electrical control system (LECS)is a 
Lakshmi Machine Works group company
established in 1981.LECS is located at
Coimbatore.Its products line includes
Switch Gears,Control Panels,Robotics,Motor
protection devices and Engineering
plastic components.40 % of company’s revenue
is coming from electrical related business
,35% from textile machinery,10% from engineering
plastic and rest from others.Company
has a technical collaboration with Switzerland
based Rockwell Automation. Due to global recession
company’s last year performance badly affected
especially in the second half ,but now things
are changing rapidly and it is expected to
post excellent performance going forward.
Last year company posted a turnover of 101 crore
and a NP of Rs.5.4 crore .For the nine month
period ended in Dec.2009 LECS already
posted 5.19 crore Np and expected to post
an EPS of Rs.30/-for the full year .This LMW group
company is a BUY on decline around Rs.200,CMP is Rs.238/-
Posted by VALUEPICK at 6:07 AM

6 comments :

  1. vvvvvApril 14, 2010 at 7:36 AM

    Sir,
    I would like to contact you through mail. Ur id please.
    Mine is 'acharyamadhusudan04@gmail.com'

    ReplyDelete
  2. VALUEPICKApril 14, 2010 at 7:43 AM

    mail id is given on the top of the blog itself

    ReplyDelete
  3. vvvvvApril 14, 2010 at 8:17 AM

    which one at the top, I dont find the same, I beg your pardon

    ReplyDelete
  4. VALUEPICKApril 14, 2010 at 9:43 AM

    Mail me at : valuepick@rediffmail.com

    ReplyDelete
  5. AnonymousSeptember 15, 2010 at 6:39 PM

    ut vire on super sales

    ReplyDelete
  6. UnknownNovember 23, 2014 at 1:26 PM

    Dear VP,

    The CMP of LECS is Rs. 506. It has as P/E of 12.34 and EPS of Rs. 40. The industry PE is 40. Is there upside in LECS? What is your recommendation.
    Regards,
    NG.

    ReplyDelete

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