Lakshmi Finance & Industrial Corporation Limited Share Price and Company Fundamentals



Price
₹93.3
Change
-0.950 (-1.008%)
52 week
72.55 - 219.25

Last traded: Yesterday at 9:59 AM

Lakshmi Finance & Industrial Corporation Limited, a non-banking finance company, invests in equity shares and mutual funds in India. The company was formerly known as The Andhra Bank Ltd. and changed its name to Lakshmi Finance & Industrial Corporation Limited in April 1980. Lakshmi Finance & Industrial Corporation Limited was incorporated in 1923 and is based in Hyderabad, India.

Key Metrics

PE ratio

4.96

PB ratio

0.60

Dividend yield

3.18%

Beta

0.37

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAsset Management / Financial Services
Websitehttps://www.lakshmifinance.org.in
Mailing addressSuryodaya, 1-10-60/3 1st Floor Begumpet Hyderabad 500016 India
Phone / Fax91 40 2776 0301 / 91 40 2776 7793

Dividends

Dividend yield

3.18%

Dividend amount

₹3.00

Payout ratio

15.77%

5Y Avg. yield

4.07%

Lakshmi Finance & Industrial Corporation Limited paid ₹3.00 dividend and the ex-dividend date was 17 Aug 2021.The dividend payout ratio is 15.77%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LFIC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

LFIC's forward dividend amount is ₹3 and the forward dividend yield is 3.18%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Lakshmi Finance & Industrial Corporation Limited.

NameTitleAgeTotal Pay
Mr. Kanuri Harishchandra Prasad M.B.A., M.S., MBA, MSMD & Exec. Non-Independent Director698.01M
Mr. U. Vijaya KumarCFO and Mang. of Fin. & Accounting58986.77k
Ms. Deepa GusainCompany Sec. & Compliance Officer239.99k

Profitability and management effectiveness

Profit margin

75.98%

Operating margin

83.76%

Return on assets

8.33%

Return on equity

12.78%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Lakshmi Finance & Industrial Corporation Limited is and its enterprise value is .

The LFIC's stocks Beta value is 0.37 making it 63% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) Frequently Asked Questions

1. What is Lakshmi Finance & Industrial Corporation Limited's Stock Symbol?

Lakshmi Finance & Industrial Corporation Limited trades on NSE under the ticker symbol "LFIC".

2. What is Lakshmi Finance & Industrial Corporation Limited's stock price today?

One share of LFIC stock can currently be purchased for approximately ₹93.3.

3. How can I contact Lakshmi Finance & Industrial Corporation Limited?

Lakshmi Finance & Industrial Corporation Limited's mailing address is Suryodaya, 1-10-60/3 1st Floor Begumpet Hyderabad 500016 India. The company can be reached via phone at 91 40 2776 0301.

4. What is Lakshmi Finance & Industrial Corporation Limited's official website?

The official website of Lakshmi Finance & Industrial Corporation Limited is https://www.lakshmifinance.org.in.