loader2
Partner With Us NRI

IKIO Lighting Ltd share Price Today

Company details

284.35
297.95
245.45
477.00
6M Return -17.27%
1Y Return -34.85%
Mkt Cap.(Cr) 2,242.69
Volume 274,376
Div Yield 0.34%
OI
-
OI Chg %
-
Volume 274,376

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Consumer electronics company IKIO Lighting announced Q1FY24 results:

  • Revenue from operations stood at Rs 1,084 million in Q1FY24 and Rs 3,588 million in FY23
  • Profitability maintained with an EBITDA margin of 21.7% in Q1FY24 and 22.3% in FY23
  • Healthy return ratios with RoE at 35.2% and RoCE of 28.3% for FY23
  • With the repayment of debt from the IPO proceeds, the company remains net debt negative
  • ODM Lighting Solutions: Grew in line with our expectations
  • Customized Lighting Solutions: Despite the slowdown in the organized Retail Industry, IKIO continued its growth trajectory with ~25% YoY in Q1FY24
  • Exports: The inventory clearances in the USA impacted deliveries in May and June 2023. However, regular deliveries have commenced from Aug 2023 onwards

 

 

Result PDF

View Other Company Results

IKIO Lighting Ltd shares SWOT Analysis

Strengths (4)

  • Company with Low Debt
  • Annual Net Profits improving for last 2 years
  • Company with Zero Promoter Pledge

Weakness (8)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 297.3
R2 304.4
R3 310.9
Pivot

290.83

S1 283.7
S2 277.2
S3 270.1
EMA SMA
279.8
285.1
297.0
325.0
275.8
287.2
294.7
319.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SARAVANA STOCKS INVT. P LTD. Bulk Sell 2024-02-09 301.39 461174 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-11-06 351.44 521719 NSE
GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO Bulk Sell 2023-11-06 346.77 634055 NSE
Name Category Shares
HARDEEP SINGH PROMOTER 42.7%
SURMEET KAUR PROMOTER 29.76%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

IKIO Lighting Ltd Stocks COMPARISON

Financials( in Cr) IKIO Lighting Ltd Siemens Ltd ABB India Ltd Bharat Heavy Electricals Ltd CG Power & Industrial Solutions Ltd
Price 290.20 7,538.00 8,544.00 297.05 675.45
% Change 0.07 -2.46 -3.64 -2.80 -1.54
Mcap Cr 2,242.69 268,443.26 181,054.20 103,434.68 103,163.71
Revenue TTM Cr 358.77 19,553.80 10,446.52 23,364.94 6,972.54
Net Profit TTM Cr 50.04 1,961.90 1,242.05 477.39 962.97
PE TTM 36.98 114.96 123.75 366.67 120.79
1 Year Return -34.85 97.97 97.43 240.07 85.31
ROCE 30.35 20.44 30.39 2.44 40.59
ROE 39.87 15.89 22.82 1.54 34.91
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 142.16 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 33,341.08 2,221.69
LAST 3M 102,344.89 -28,029.53
LAST 6M 175,303.31 -12,219.28
LAST 12M 288,302.63 96,022.29

IKIO Lighting Ltd Information

Stock PE (TTM)
36.98
Promoter Holding
72.46%
Book Value
71.5328
ROCE
30.35%
ROE
39.87%
Description
  • IKIO Lighting Ltd. was incorporated as `IKIO Lighting Private Limited` issued by the ROC at New Delhi on March 21, 2016. The name of Company was subsequently changed to `IKIO Lighting Limited`, upon conversion into a Public Company, pursuant to a Shareholders` Resolution dated January 31, 2022, and a fresh Certificate of Change in Name was issued on April 18, 2022 by the RoC. The Company is an Indian manufacturer of light emitting diode (LED) lighting solutions. They are an original design manufacturer (ODM) and design, develop, manufacture and supply products to customers who then distribute these products under their own brands. These products are categorised as LED lighting; refrigeration lights; ABS (acrylonitrile butadiene styrene) piping; and other products. Their LED lighting offerings focus on the premium segment including lighting, fittings, fixtures, accessories and components. The Company provide lighting solutions such as lights, drivers and controls to commercial refrigeration equipment suppliers under refrigeration light segment. It manufacture an alternative to polyvinyl chloride (PVC) piping called ABS piping used by the US customers for plumbing applications in the recreational vehicles (RVs) that they fit out. In addition, it manufacture and assemble other products including fan regulators that are designed by clients; light strips, moulding, and other components and spares. Their equipment and systems are used in various industries and products, including residential, industrial and commercial lighting. Apart from these, the Company has 4 manufacturing facilities with 1 located in Uttarakhand and 3 in Noida. These manufacturing units are equipped with machinery and equipment like assembly lines, automatic surface-mounted machines, automatic metal cutting and shaping machines and automatic powder coating for fixtures. Their backward integration includes automatic surface mounted machines for placing diodes and other components on circuit boards; automatic metal cutting and shaping machines; automatic powder coating on fixtures; LED light assembly lines, manual insertion, checking and final packing and Injection moulding including machines, moulds and tools. In 2016, the Company commenced business of manufacturing of Refrigerator Light. In 2019, it commenced new business in Noida Special Economic Zone area to carry out 100% export activity. In 2022, it acquired equity shares of IKIO Solutions Private Limited and Fine Technologies (India) Private Limited and made them subsidiaries of the Company effective from September 12, 2022. The Company is planning to raise capital from Public by raising Rs 350 crore through Fresh Issue and issuing 7,500,000 Equity Shares through Offer for Sale.

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543923
NSE Code : IKIO
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE0LOJ01019

FAQ’s on IKIO Lighting Ltd Shares

You can buy IKIO Lighting Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy IKIO Lighting Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 19, 2024 03:59 PM the closing price of IKIO Lighting Ltd was Rs.290.20.

The latest PE ratio of IKIO Lighting Ltd as of Jun 19, 2024 03:59 PM is 36.98

The latest PB ratio of IKIO Lighting Ltd as of Jun 19, 2024 03:59 PM is 0.25

The 52-week high of IKIO Lighting Ltd share price is Rs. 477.00 while the 52-week low is Rs. 245.45

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 19, 2024 03:59 PM, the market cap of IKIO Lighting Ltd stood at Rs. 2,242.69.

Download App

Download Our App

Play Store App Store
market app