Focus Lighting & Fixtures Ltd.

70-0.03%

2026-08-21

Market Cap₹ 456 Cr.
Current Price₹ 70
High / Low₹ 100 / 57
Stock P/E78.9
Book Value₹ 22
Price to Book3.72
Dividend Yield0.00 %
ROCE14.0 %
ROE11.3 %
Face Value₹ 2

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ABOUT

KEY POINTS

Revenue Breakup Mar 2024 • Manufacturing: 50.5% • Trading: 49.5%

PROS

  • Company has delivered good profit growth of 45.9% CAGR over last 5 years
  • Company has a healthy return on capital (ROCE) of 33.2%
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.7%
  • Latest quarter profit grew 32.9% YoY, showing strong momentum
  • Operating margins have improved to 14.3% from 9.6%

CONS

  • Recent results are weak - TTM profit is down 14.3% versus prior year
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.32x)
  • Equity base is being diluted - shares outstanding up 31.6%
  • Total debt has risen sharply - up 33.8% year on year
  • Debtor days have increased from 96 to 154
  • Though reporting repeated profits, the company pays out little dividend (0.0%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.ABB7400.0052.48156812.200.533623.00930.0235588.701110.3130.1812.56
2.POWERINDIA33550.000.00149540.280.02294.15123.522493.6974.4628.7314.58
3.SIEMENS3880.1042.19138178.320.46214.31-49.384713.708.4421.429.14
4.CGPOWER862.90108.75135945.590.15308.2815.523280.8113.9927.9412.11
5.ENRIN3483.600.00124058.140.114409.001578.3424856.001292.8140.1923.56
6.GVT&D4119.00564.77105465.570.24362.9924.651836.1438.0475.5125.10
7.HAVELLS1278.0049.1180202.380.78289.71-16.646518.1919.4825.747.15
8.WAAREEENER2688.0020.2677320.680.15891.8715.397931.7979.2234.7118.15
9.APARINDS16607.6558.8669540.110.364674.501677.9865910.601191.3133.4711.50
10.SUZLON46.7820.4564302.090.00305.22-5.893829.0922.8335.7915.55
11.SCHNEIDER1254.750.0030001.580.00124.40201.656513.60947.8331.015.23
12.FOCUS67.6378.90456.130.002.8732.9048.8617.8914.0312.68
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
51
40
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
1
11
Tax %
20.11%
Net Profit
0
7
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
56
45
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
2
11
Tax %
15.21%
Net Profit
0
7
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
57
46
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
2
10
Tax %
6.47%
Net Profit
0
1
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
60
46
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
2
12
Tax %
11.24%
Net Profit
0
2
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
55
43
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
11
Tax %
13.78%
Net Profit
9
1
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
45
37
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
2
7
Tax %
25.91%
Net Profit
5
1
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
42
39
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
2
2
Tax %
101.12%
Net Profit
-0
0
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
42
38
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
3
1
Tax %
-14.02%
Net Profit
1
0
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
41
37
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
2
3
Tax %
18.25%
Net Profit
2
0
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
49
44
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
2
2
Tax %
25.65%
Net Profit
2
0
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
38
36
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
3
-1
Tax %
-42.86%
Net Profit
-1
-0
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
60
54
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
3
4
Tax %
28.18%
Net Profit
3
0
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
49
46
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
3
4
Tax %
26.39%
Net Profit
3
0
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
13
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
79
73
Operating Profit
7
OPM %
9
Other Income
1
Interest
1
Depreciation
0
6
Tax %
33
Net Profit
4
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2018
92
82
Operating Profit
11
OPM %
12
Other Income
0
Interest
0
Depreciation
1
10
Tax %
39
Net Profit
6
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2019
121
105
Operating Profit
16
OPM %
14
Other Income
1
Interest
1
Depreciation
2
13
Tax %
27
Net Profit
10
EPS
0
Dividend Payout %
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2020
99
92
Operating Profit
9
OPM %
9
Other Income
1
Interest
1
Depreciation
4
4
Tax %
47
Net Profit
2
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2021
60
59
Operating Profit
1
OPM %
2
Other Income
1
Interest
1
Depreciation
3
-2
Tax %
15
Net Profit
-2
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-0
Mar 2022
105
96
Operating Profit
10
OPM %
10
Other Income
1
Interest
1
Depreciation
3
6
Tax %
23
Net Profit
5
EPS
4
Dividend Payout %
12
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2023
169
135
Operating Profit
35
OPM %
21
Other Income
1
Interest
1
Depreciation
5
29
Tax %
22
Net Profit
23
EPS
18
Dividend Payout %
8
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2024
224
179
Operating Profit
53
OPM %
24
Other Income
8
Interest
1
Depreciation
7
45
Tax %
13
Net Profit
39
EPS
6
Dividend Payout %
8
Minority Interest
0
Share of Associates
0
Adjusted EPS
6
Minority Interest
0
Share of Associates
0
Adjusted EPS
6
Mar 2025
183
157
Operating Profit
29
OPM %
16
Other Income
3
Interest
1
Depreciation
8
20
Tax %
24
Net Profit
15
EPS
2
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
TTM
195
181
Operating Profit
OPM %
Other Income
3
Interest
2
Depreciation
10
9
Tax %
35
Net Profit
6
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
13%
3 Years:
20%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
46%
3 Years:
55%

STOCK PRICE CAGR

10 Years:
5 Years:
39%
3 Years:
-23%
1 Year:
-28%

RETURN ON EQUITY

10 Years:
5 Years:
18%
3 Years:
28%
Last Year:
11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2024

Aug 30

₹ 0.25

2023

Aug 18

₹ 0.15

2022

Sep 13

₹ 0.05

Mar 2017
Equity Capital
2
9
0
Trade Payables
11
3
Total Liabilities
26
2
Capital Work in Progress
0
0
6
0
Cash & Bank
2
16
Total Assets
26
Total Debt
0
Net Working Capital
9
Contingent Liabilities
1
Book Value per Share
47.34
Face Value
10.00
Total Debt
0
Net Working Capital
9
Contingent Liabilities
1
Book Value per Share
47.34
Face Value
10.00
Mar 2018
Equity Capital
3
18
2
Trade Payables
12
5
Total Liabilities
40
3
Capital Work in Progress
4
0
8
0
Cash & Bank
3
22
Total Assets
40
Total Debt
2
Net Working Capital
13
Contingent Liabilities
1
Book Value per Share
59.78
Face Value
10.00
Total Debt
2
Net Working Capital
13
Contingent Liabilities
1
Book Value per Share
59.78
Face Value
10.00
Mar 2019
Equity Capital
3
28
3
Trade Payables
13
4
Total Liabilities
51
13
Capital Work in Progress
1
0
13
0
Cash & Bank
1
23
Total Assets
51
Total Debt
3
Net Working Capital
17
Contingent Liabilities
0
Book Value per Share
93.24
Face Value
10.00
Total Debt
3
Net Working Capital
17
Contingent Liabilities
0
Book Value per Share
93.24
Face Value
10.00
Mar 2020
Equity Capital
10
23
4
Trade Payables
17
6
Total Liabilities
60
13
Capital Work in Progress
0
0
16
0
Cash & Bank
1
31
Total Assets
60
Total Debt
4
Net Working Capital
19
Contingent Liabilities
1
Book Value per Share
32.98
Face Value
10.00
Total Debt
4
Net Working Capital
19
Contingent Liabilities
1
Book Value per Share
32.98
Face Value
10.00
Mar 2021
Equity Capital
10
21
4
Trade Payables
17
4
Total Liabilities
56
11
Capital Work in Progress
1
0
18
0
Cash & Bank
2
25
Total Assets
56
Total Debt
5
Net Working Capital
19
Contingent Liabilities
0
Book Value per Share
30.99
Face Value
10.00
Total Debt
5
Net Working Capital
19
Contingent Liabilities
0
Book Value per Share
30.99
Face Value
10.00
Mar 2022
Equity Capital
10
25
2
Trade Payables
26
14
Total Liabilities
78
15
Capital Work in Progress
1
0
24
0
Cash & Bank
1
38
Total Assets
78
Total Debt
3
Net Working Capital
21
Contingent Liabilities
1
Book Value per Share
34.77
Face Value
10.00
Total Debt
3
Net Working Capital
21
Contingent Liabilities
1
Book Value per Share
34.77
Face Value
10.00
Mar 2023
Equity Capital
13
77
3
Trade Payables
17
15
Total Liabilities
125
21
Capital Work in Progress
2
0
39
0
Cash & Bank
7
57
Total Assets
125
Total Debt
3
Net Working Capital
59
Contingent Liabilities
1
Book Value per Share
68.92
Face Value
10.00
Total Debt
3
Net Working Capital
59
Contingent Liabilities
1
Book Value per Share
68.92
Face Value
10.00
Mar 2024
Equity Capital
13
115
0
Trade Payables
32
29
Total Liabilities
189
21
Capital Work in Progress
19
6
44
86
Cash & Bank
3
11
Total Assets
189
Total Debt
13
Net Working Capital
95
Contingent Liabilities
0
Book Value per Share
19.42
Face Value
2.00
Total Debt
13
Net Working Capital
95
Contingent Liabilities
0
Book Value per Share
19.42
Face Value
2.00
Mar 2025
Equity Capital
13
126
6
Trade Payables
25
30
Total Liabilities
200
38
Capital Work in Progress
22
3
48
69
Cash & Bank
6
13
Total Assets
200
Total Debt
17
Net Working Capital
88
Contingent Liabilities
0
Book Value per Share
20.88
Face Value
2.00
Total Debt
17
Net Working Capital
88
Contingent Liabilities
0
Book Value per Share
20.88
Face Value
2.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
0
Cash from Investing
0
Cash from Financing
0
0
Free Cash Flow
0
OCF / Net Profit
0.00
Cumulative 5-Year FCF
0
OCF / Net Profit
0.00
Cumulative 5-Year FCF
0
Mar 2018
2
Cash from Investing
-6
Cash from Financing
5
2
Free Cash Flow
-5
OCF / Net Profit
0.37
Cumulative 5-Year FCF
0
OCF / Net Profit
0.37
Cumulative 5-Year FCF
0
Mar 2019
6
Cash from Investing
-9
Cash from Financing
0
-2
Free Cash Flow
-0
OCF / Net Profit
0.63
Cumulative 5-Year FCF
0
OCF / Net Profit
0.63
Cumulative 5-Year FCF
0
Mar 2020
3
Cash from Investing
-3
Cash from Financing
0
-0
Free Cash Flow
-2
OCF / Net Profit
1.20
Cumulative 5-Year FCF
0
OCF / Net Profit
1.20
Cumulative 5-Year FCF
0
Mar 2021
2
Cash from Investing
-1
Cash from Financing
-0
1
Free Cash Flow
1
OCF / Net Profit
-1.22
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.22
Cumulative 5-Year FCF
0
Mar 2022
6
Cash from Investing
-3
Cash from Financing
-3
-1
Free Cash Flow
-0
OCF / Net Profit
1.32
Cumulative 5-Year FCF
-7
OCF / Net Profit
1.32
Cumulative 5-Year FCF
-7
Mar 2023
-14
Cash from Investing
-10
Cash from Financing
31
7
Free Cash Flow
-22
OCF / Net Profit
-0.63
Cumulative 5-Year FCF
-24
OCF / Net Profit
-0.63
Cumulative 5-Year FCF
-24
Mar 2024
6
Cash from Investing
-20
Cash from Financing
9
-5
Free Cash Flow
-16
OCF / Net Profit
0.16
Cumulative 5-Year FCF
-40
OCF / Net Profit
0.16
Cumulative 5-Year FCF
-40
Mar 2025
32
Cash from Investing
-25
Cash from Financing
-4
3
Free Cash Flow
7
OCF / Net Profit
2.14
Cumulative 5-Year FCF
-30
OCF / Net Profit
2.14
Cumulative 5-Year FCF
-30

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
EPS (₹)
16.20
Book Value (₹)
47.34
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.18
Operating Margin %
8.85%
Net Margin %
5.11%
ROE %
34.22%
ROCE %
54.11%
15.56%
Debtor Days
63
Inventory Days
27
Payable Days
70
21
Debt to Equity (x)
0.04x
Interest Coverage (x)
11.55x
1.66x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2018
EPS (₹)
17.64
Book Value (₹)
59.78
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.33
Operating Margin %
11.86%
Net Margin %
6.46%
ROE %
37.34%
ROCE %
59.43%
17.99%
Debtor Days
62
Inventory Days
27
Payable Days
62
26
Debt to Equity (x)
0.09x
Interest Coverage (x)
32.79x
1.71x
Revenue Growth %
17.24%
Operating Profit Growth %
57.18%
Net Profit Growth %
48.44%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2019
EPS (₹)
28.87
Book Value (₹)
93.24
Dividend per Share (₹)
1.00
Cash EPS (₹)
2.39
Operating Margin %
13.53%
Net Margin %
8.06%
ROE %
37.74%
ROCE %
49.82%
21.27%
Debtor Days
55
Inventory Days
31
Payable Days
55
31
Debt to Equity (x)
0.09x
Interest Coverage (x)
23.70x
1.88x
Revenue Growth %
31.22%
Operating Profit Growth %
49.60%
Net Profit Growth %
63.65%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2020
EPS (₹)
2.26
Book Value (₹)
32.98
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.15
Operating Margin %
8.64%
Net Margin %
2.31%
ROE %
7.07%
ROCE %
14.10%
4.11%
Debtor Days
81
Inventory Days
53
Payable Days
82
52
Debt to Equity (x)
0.12x
Interest Coverage (x)
6.98x
1.71x
Revenue Growth %
-17.93%
Operating Profit Growth %
-47.55%
Net Profit Growth %
-76.47%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2021
EPS (₹)
-1.86
Book Value (₹)
30.99
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.24
Operating Margin %
2.33%
Net Margin %
-3.14%
ROE %
-5.82%
ROCE %
-4.58%
-3.23%
Debtor Days
130
Inventory Days
103
Payable Days
149
84
Debt to Equity (x)
0.15x
Interest Coverage (x)
-3.14x
1.76x
Revenue Growth %
-39.63%
Operating Profit Growth %
-83.76%
Net Profit Growth %
-182.14%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
4.04
Book Value (₹)
34.77
Dividend per Share (₹)
0.50
Cash EPS (₹)
1.56
Operating Margin %
9.62%
Net Margin %
4.32%
ROE %
13.67%
ROCE %
18.35%
6.77%
Debtor Days
73
Inventory Days
72
Payable Days
112
33
Debt to Equity (x)
0.07x
Interest Coverage (x)
8.16x
1.55x
Revenue Growth %
75.77%
Operating Profit Growth %
626.96%
Net Profit Growth %
341.67%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
18.09
Book Value (₹)
68.92
Dividend per Share (₹)
1.50
Cash EPS (₹)
4.18
Operating Margin %
20.67%
Net Margin %
13.46%
ROE %
36.25%
ROCE %
46.30%
22.28%
Debtor Days
61
Inventory Days
67
Payable Days
85
43
Debt to Equity (x)
0.03x
Interest Coverage (x)
29.28x
2.86x
Revenue Growth %
59.96%
Operating Profit Growth %
243.76%
Net Profit Growth %
398.01%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
5.95
Book Value (₹)
19.42
Dividend per Share (₹)
0.50
Cash EPS (₹)
6.90
Operating Margin %
20.15%
Net Margin %
17.30%
ROE %
35.52%
ROCE %
39.17%
24.64%
Debtor Days
96
Inventory Days
67
Payable Days
72
90
Debt to Equity (x)
0.10x
Interest Coverage (x)
37.81x
3.06x
Revenue Growth %
32.76%
Operating Profit Growth %
51.19%
Net Profit Growth %
70.63%
-67.13%
P/E (x)
24.19x
P/B (x)
7.41x
Dividend Yield %
0.35%
18.20x
Mar 2025
EPS (₹)
2.28
Book Value (₹)
20.88
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.48
Operating Margin %
14.28%
Net Margin %
8.27%
ROE %
11.34%
ROCE %
14.03%
7.80%
Debtor Days
154
Inventory Days
91
Payable Days
101
145
Debt to Equity (x)
0.12x
Interest Coverage (x)
20.98x
2.89x
Revenue Growth %
-18.09%
Operating Profit Growth %
-44.88%
Net Profit Growth %
-60.84%
-61.67%
P/E (x)
34.12x
P/B (x)
3.72x
Dividend Yield %
0.00%
18.26x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
56.09
0.49
DIIs
0.00
Government
0.00
43.42
Sep 2024
55.28
0.85
DIIs
0.00
Government
0.00
43.87
Dec 2024
55.28
0.19
DIIs
0.00
Government
0.00
44.53
Mar 2025
55.28
0.37
DIIs
0.00
Government
0.00
44.35
Jun 2025
55.28
0.09
DIIs
0.00
Government
0.00
44.63
Sep 2025
55.28
0.00
DIIs
0.00
Government
0.00
44.72
Dec 2025
55.31
0.01
DIIs
0.00
Government
0.00
44.68
Mar 2026
55.42
0.00
DIIs
0.00
Government
0.00
44.58
Jun 2026
55.43
0.03
DIIs
0.00
Government
0.00
44.55

Documents

Announcements

  • Press Release

    2026-08-17 - Focus Lighting and Fixtures Limited has informed the Exchange regarding a press release dated August 17, 2026, titled "Focus Lighting And Fixtures Limited successfully completes Landmark Lighting Project at Kankaria Lake, Ahmedabad".

  • Copy of Newspaper Publication

    2026-08-12 - Focus Lighting and Fixtures Limited has informed the Exchange about Copy of Newspaper Publication

Credit Ratings

Nothing filed yet.

Concalls