L&T | NCC | L&T/ NCC |
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---|---|---|---|---|---|
P/E (TTM) | x | 33.4 | 22.3 | 149.7% | View Chart |
P/BV | x | 5.6 | 2.5 | 224.8% | View Chart |
Dividend Yield | % | 0.7 | 0.9 | 73.7% |
L&T NCC |
EQUITY SHARE DATA | |||||
---|---|---|---|---|---|
L&T Mar-23 |
NCC Mar-23 |
L&T/ NCC |
5-Yr Chart Click to enlarge
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High | Rs | 2,297 | 108 | 2,119.3% | |
Low | Rs | 1,457 | 51 | 2,856.5% | |
Sales per share (Unadj.) | Rs | 1,304.5 | 247.7 | 526.6% | |
Earnings per share (Unadj.) | Rs | 89.8 | 10.3 | 872.7% | |
Cash flow per share (Unadj.) | Rs | 114.7 | 13.5 | 848.7% | |
Dividends per share (Unadj.) | Rs | 24.00 | 2.20 | 1,090.9% | |
Avg Dividend yield | % | 1.3 | 2.8 | 46.3% | |
Book value per share (Unadj.) | Rs | 632.2 | 98.2 | 643.7% | |
Shares outstanding (eoy) | m | 1,405.48 | 627.85 | 223.9% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 1.4 | 0.3 | 447.3% | |
Avg P/E ratio | x | 20.9 | 7.7 | 269.9% | |
P/CF ratio (eoy) | x | 16.4 | 5.9 | 277.5% | |
Price / Book Value ratio | x | 3.0 | 0.8 | 365.9% | |
Dividend payout | % | 26.7 | 21.4 | 125.0% | |
Avg Mkt Cap | Rs m | 2,638,160 | 50,039 | 5,272.2% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 372,141 | 5,457 | 6,819.6% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
---|---|---|---|---|---|
Net Sales | Rs m | 1,833,407 | 155,534 | 1,178.8% | |
Other income | Rs m | 58,215 | 1,476 | 3,944.4% | |
Total revenues | Rs m | 1,891,622 | 157,010 | 1,204.8% | |
Gross profit | Rs m | 245,398 | 14,551 | 1,686.5% | |
Depreciation | Rs m | 35,023 | 2,026 | 1,728.6% | |
Interest | Rs m | 97,501 | 5,152 | 1,892.4% | |
Profit before tax | Rs m | 171,090 | 8,849 | 1,933.6% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 44,842 | 2,386 | 1,879.0% | |
Profit after tax | Rs m | 126,249 | 6,462 | 1,953.7% | |
Gross profit margin | % | 13.4 | 9.4 | 143.1% | |
Effective tax rate | % | 26.2 | 27.0 | 97.2% | |
Net profit margin | % | 6.9 | 4.2 | 165.7% |
BALANCE SHEET DATA | |||||
---|---|---|---|---|---|
Current assets | Rs m | 2,212,155 | 132,457 | 1,670.1% | |
Current liabilities | Rs m | 1,620,660 | 98,908 | 1,638.5% | |
Net working cap to sales | % | 32.3 | 21.6 | 149.6% | |
Current ratio | x | 1.4 | 1.3 | 101.9% | |
Inventory Days | Days | 187 | 41 | 460.4% | |
Debtors Days | Days | 9 | 7 | 119.5% | |
Net fixed assets | Rs m | 1,041,632 | 32,431 | 3,211.9% | |
Share capital | Rs m | 2,811 | 1,256 | 223.9% | |
"Free" reserves | Rs m | 885,778 | 60,413 | 1,466.2% | |
Net worth | Rs m | 888,589 | 61,668 | 1,440.9% | |
Long term debt | Rs m | 612,177 | 891 | 68,714.4% | |
Total assets | Rs m | 3,263,675 | 164,888 | 1,979.3% | |
Interest coverage | x | 2.8 | 2.7 | 101.4% | |
Debt to equity ratio | x | 0.7 | 0 | 4,768.8% | |
Sales to assets ratio | x | 0.6 | 0.9 | 59.6% | |
Return on assets | % | 6.9 | 7.0 | 97.3% | |
Return on equity | % | 14.2 | 10.5 | 135.6% | |
Return on capital | % | 17.9 | 22.4 | 80.0% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 0 | 0.6 | 0.0% | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | NA | 870 | 0.0% | |
Fx inflow | Rs m | 163,986 | 18 | 926,474.0% | |
Fx outflow | Rs m | 159,965 | 875 | 18,281.7% | |
Net fx | Rs m | 4,021 | -857 | -469.0% |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 227,770 | 11,001 | 2,070.4% | |
From Investments | Rs m | -83,117 | -1,916 | 4,339.0% | |
From Financial Activity | Rs m | -115,725 | -8,927 | 1,296.3% | |
Net Cashflow | Rs m | 31,565 | 159 | 19,914.5% |
Indian Promoters | % | 0.0 | 22.0 | - | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 62.7 | 38.0 | 165.1% | |
FIIs | % | 24.3 | 27.3 | 89.0% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 100.0 | 78.0 | 128.2% | |
Shareholders | 1,564,085 | 405,037 | 386.2% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T With: IRCON INTERNATIONAL J KUMAR INFRA POWER MECH PROJECTS IRB INFRA KNR CONSTRUCTIONS
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | L&T | NCC | S&P BSE CAPITAL GOODS |
---|---|---|---|
1-Day | 0.43% | -1.00% | 0.87% |
1-Month | -0.52% | 1.33% | 6.44% |
1-Year | 62.41% | 109.02% | 78.19% |
3-Year CAGR | 39.81% | 49.70% | 46.54% |
5-Year CAGR | 21.92% | 19.23% | 28.27% |
* Compound Annual Growth Rate
Here are more details on the L&T share price and the NCC share price.
Moving on to shareholding structures...
The promoters of L&T hold a 0.0% stake in the company. In case of NCC the stake stands at 22.0%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of L&T and the shareholding pattern of NCC.
Finally, a word on dividends...
In the most recent financial year, L&T paid a dividend of Rs 24.0 per share. This amounted to a Dividend Payout ratio of 26.7%.
NCC paid Rs 2.2, and its dividend payout ratio stood at 21.4%.
You may visit here to review the dividend history of L&T, and the dividend history of NCC.
For a sector overview, read our engineering sector report.
After opening the day on high, Indian share markets continued the momentum as the session progressed and ended the higher.