Linc Ltd - Stock Valuation and Financial Performance

BSE: 531241 | NSE: LINC | Printing & Stationery | Small Cap

Linc Share Price

192.60 -1.06 -0.55%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Linc

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

inc stock performance -

mw4me loader
P/E Ratio (SA):
31.68
Market Cap:
1,145.8 Cr.
52-wk low:
115.9
52-wk high:
207.2

Is Linc Ltd an attractive stock to invest in?

1. Is Linc Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Linc Ltd is a average quality company.

2. Is Linc Ltd undervalued or overvalued?

The key valuation ratios of Linc Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Linc Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Linc Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Linc:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Linc Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 18.1%22%17.3%9.8%9.4%15.7%-0.7%8%31.4%25.2%-
Value Creation
Index
0.30.60.2-0.3-0.30.1-1.1-0.41.20.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 318344349331367397257355487502521
Sales YoY Gr.-8.1%1.3%-5%10.7%8.2%-35.4%38.3%37.1%3.1%-
Adj EPS 2.432.91.20.82.9-0.11.165.36.1
YoY Gr.-26.1%-5.3%-58.3%-30.8%248.2%-104.5%NA441.4%-11.2%-
BVPS (₹) 14.917.12020.420.42322.62429.834.138.1
Adj Net
Profit
14.31817.17.14.917.2-0.86.635.831.836
Cash Flow from Ops. 24.89.79.113.233.238.447.220.443.438.4-
Debt/CF from Ops. 0.73.25.651.91.20.20.200-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.2%6.5%25.1%3.1%
Adj EPS 9.2%45.1%NA-11.2%
BVPS9.6%10.9%14.6%14.4%
Share Price 15.8% 32.3% 50.4% 15.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
17.11915.664.113.3-0.64.822.416.716.8
Op. Profit
Mgn %
7.99.19.77.86.99.646.112.711.111.5
Net Profit
Mgn %
4.55.24.92.21.34.3-0.31.97.46.36.9
Debt to
Equity
0.20.30.40.50.50.30.10000
Working Cap
Days
14815016719317916724515211813857
Cash Conv.
Cycle
93919410187749557475533

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.80%

Sales growth is growing at healthy rate in last 3 years 25.05%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 3.57%

Latest Financials - Linc Ltd.

Standalone Consolidated
TTM EPS (₹) 6.1 6.1
TTM Sales (₹ Cr.) 521 532
BVPS (₹.) 38.1 38.4
Reserves (₹ Cr.) 205 199
P/BV 5.05 5.01
PE 31.68 31.53
From the Market
52 Week Low / High (₹) 115.88 / 207.15
All Time Low / High (₹) 1.25 / 220.91
Market Cap (₹ Cr.) 1,146
Equity (₹ Cr.) 29.7
Face Value (₹) 5
Industry PE 65

Management X-Ray of Linc:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Linc

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales318344349331367397257355487502
Operating Expenses 293313315306342359246333425446
Manufacturing Costs24283832303417151415
Material Costs211219232221254249173237295301
Employee Cost 17192125283628396175
Other Costs 41472528304129415655
Operating Profit 25313426253810226156
Operating Profit Margin (%) 7.9%9.1%9.6%7.8%6.9%9.6%4.0%6.1%12.6%11.1%
Other Income 0101231337
Interest 1225653112
Depreciation 66810101313131415
Exceptional Items 0000000000
Profit Before Tax 182524121123-4115046
Tax 467564-431312
Profit After Tax 1418178519083734
PAT Margin (%) 4.5%5.3%5.0%2.4%1.4%4.8%0.0%2.3%7.7%6.8%
Adjusted EPS (₹)2.43.12.91.30.93.20.01.46.35.7
Dividend Payout Ratio (%)26%24%26%28%43%12%0%33%20%22%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 88101118121120137135143177203
Share Capital 15151515151515151515
Reserves 7386103106106122120128162188
Minority Interest0000000000
Debt1831506258428300
Long Term Debt00131420190000
Short Term Debt1831374838248300
Trade Payables21291928264238403956
Others Liabilities 31414445495144415985
Total Liabilities 159202231256254272225227276344

Fixed Assets

Gross Block72885584103116121146166201
Accumulated Depreciation4146817284053657690
Net Fixed Assets304247677576688189111
CWIP 02110133119
Investments 0000000000
Inventories64777979708363657991
Trade Receivables40484046424436343951
Cash Equivalents 200000001213
Others Assets23335564656756465668
Total Assets 159202231256254272225227276344

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 2510913333847204338
PBT 182524121123-4115046
Adjustment 77912141515131413
Changes in Working Capital 5-18-17-911634-1-8-8
Tax Paid -5-4-7-2-3-62-3-13-12
Cash Flow From Investing Activity -4-18-22-18-17-14-4-14-29-23
Capex -4-19-22-18-17-14-4-14-25-27
Net Investments 00000000-55
Others 000000000-1
Cash Flow From Financing Activity -207135-17-25-43-6-7-10
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 001342-2-22000
Interest Paid -1-1-2-5-6-5-3-10-1
Dividend Paid -3-4-4-4-2-2-20-3-7
Others -1613610-11-16-16-6-4-2
Net Cash Flow 1-100000085
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)17.1819.3615.746.564.2714.950.035.8623.3717.95
ROCE (%)18.0521.9817.349.759.4115.72-0.668.0331.425.16
Asset Turnover Ratio1.971.921.671.41.471.541.041.591.961.63
PAT to CFO Conversion(x)1.790.560.531.636.62N/A2.51.161.12
Working Capital Days
Receivable Days46464446433956362732
Inventory Days767478847369103655361
Payable Days40423839395085614958

Linc Ltd Stock News

Linc Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Linc on 20-Dec-2024 16:59 is ₹192.6.
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 20-Dec-2024 16:59 the market cap of Linc stood at ₹1,145.8.
The latest P/E ratio of Linc as of 20-Dec-2024 16:59 is 31.68.
The latest P/B ratio of Linc as of 20-Dec-2024 16:59 is 5.05.
The 52-week high of Linc is ₹207.2 and the 52-week low is ₹115.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Linc is ₹521.2 ( Cr.) .

About Linc Ltd

Linc Pen & Plastics Limited was incorporated on October 24, 1994 at Calcutta in West Bengal and obtained the certificate of Commencement of Business on November 7,1994.

Linc Pen and Plastics prides itself on being a leading manufacturer and exporter of quality writing instruments in India. Their sales continue to grow year after year because of the quality of their products, and the innovation of their research and development teams. Their spirit of innovation has always focused on serving consumers writing needs.

Linc has three large state-of-the-art manufacturing units in India located at two places, in Goa and in West Bengal.

Linc Pen is an ISO-9001:2000 certified unit. All the three units are well equipped with modern technologies and machineries which help in making a better work environment and thus resulting in production of quality writing instruments at competent prices. All their units operate under strict quality control standards, ensuring the superior quality of all Linc products.

In exports, in spite of the appreciation in Indian Rupee against the major currencies, Linc Pens has registered a growth of about 45% over last year.

All manufacturing units are divided into several departments like :

  • Injection moulding
  • Extrusion
  • Auto-Refilling
  • Assembling & Checking
  • Packing

Product range of the company includes:

  • Gel Pen 
  • Stationery
  • Ball Pens 
  • Retractable Ball Pens 
  • Stickball Pens
  • Designer pens 
  • Rubber grip ball point pen

Achievements/ recognition:

  • ISO 9001:2000 certified.
  • Emerging India award from ICICI Bank.
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