(i) Lava International Limited is an Indian multi-national company in the Mobile Handset industry. The company was founded in 2009 as an offshoot of a telecommunication venture by Hari Om Rai, Sunil Bhalla, Shailendra Nath Rai, and Vishal Sehgal. It is headquartered in Noida, India, and has overseas operations in Thailand, Nepal, Bangladesh, Sri-Lanka, Indonesia, Mexico, and the Middle East. The company started its Africa operations by launching its product in Egypt in 2016. The company is present in more than 11 countries and it’s business spans over India, South East Asia, Middle East, North America. It is a market leader in several countries being 4th largest in India, 2nd largest in Thailand, 3rd largest in Sri Lanka and 5th largest in Bangladesh. It is currently in the works to expand it’s presence in the continent of Africa.
(ii) The company has been building mobile handset design capability including industrial design, mechanical design, hardware design & software design.
(iii) It has demonstrated quick and robust expansion since inception, showing profitability and growing sales since the first year of operations. Lava and Xolo are two brands that operate under the parent company. With ‘Create Possibilities’ as its guiding principle, Lava has embarked on an ambitious journey of becoming the 1st global consumer brand from India by empowering every human with quality innovative products.
(iv) LAVA has a wide product portfolio that encompasses tablets, feature phones, and smartphones having various models in bar and touch form factors at multiple price points to suit all categories of consumers. The handset-maker a couple of years ago had 50 products (about 20 smartphones and some 35 feature phones) in its portfolio which has now brought down to less than 15 phones (five smartphones and nine feature phones).
(v) Lava has two manufacturing plants in India and the company claims to be the only Indian brand to design devices in India and do PCB SMT in its own factory. The Company has an in-house research and development center and manufacturing facilities in Noida.
Ques.Is Lava a listed company?
Ans. No, Lava is not a listed company. But you can buy its Pre-IPO shares at Unlistedzone
Ques. Where can I buy unlisted stocks in India?
Ans. You can easily buy unlisted stocks in India at Unlistedzone.com - India's no 1 Platform for Pre-IPO, Unlisted, or Delisted Shares.
Ques. What is the revenue of lava?
Ans. In FY-21 LAVA generated more than Rs. 5000crs in Revenue and made a net profit of Rs. 173cr.
Ques. What is the operating revenue of LAVA INTERNATIONAL LIMITED?
Ans. The operating revenue of Lava in FY21 is Rs 5513 crores.
Ques. What is the change in EBITDA of LAVA INTERNATIONAL LIMITED since last year?
Ans. Lava International EBITDA grows more than 37% since Mar 2020.
Valuation of LAVA
Lava total shares outstanding are 54.11 Crores
Current share value = 100
Valuation = 5400 Crores.
Revenue (FY22-23) = 5800 Crores.
Mcap/Revenue = <1 (<2 is Under-Valued)
Price Per Equity Share | ₹ 46 |
Lot Size | 250 Shares |
52 Week High | ₹ 85 |
52 Week Low | ₹ 45 |
Depository | NSDL & CDSL |
PAN Number | AABCL5987H |
ISIN Number | INE745X01022 |
CIN | U32201DL2009PLC188920 |
RTA | Link Intime |
Market Cap (in cr.) | ₹ 2489 |
P/E Ratio | 73.02 |
P/B Ratio | 2.6 |
Debt to Equity | 0.12 |
ROE (%) | 3.57 |
Book Value | 17.7 |
Face Value | 5 |
Total Shares | 541126216 |
P&L Statement | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenue | 5512.87 | 5877.64 | 5443 | 3646 |
Cost of Material Consumed | 1154.6 | 1147.37 | 4572 | 2849 |
Gross Margins | 79.06 | 80.48 | 16 | 21.86 |
Change in Inventory | -127.33 | -103.78 | -49 | 218 |
Employee Benefit Expenses | 190.22 | 212.27 | 210 | 181 |
Other Expenses | 4054.96 | 4298.11 | 445 | 316 |
EBITDA | 240.42 | 323.67 | 265 | 82 |
OPM | 4.36 | 5.51 | 4.87 | 2.25 |
Other Income | 10.8 | 20.36 | 27 | 21 |
Finance Cost | 28.57 | 44.11 | 54 | 34.5 |
D&A | 39.03 | 96.71 | 140 | 23 |
EBIT | 201.39 | 226.96 | 125 | 59 |
EBIT Margins | 3.65 | 3.86 | 2.3 | 1.62 |
PBT | 183.42 | 203.11 | 99 | 46 |
PBT Margins | 3.33 | 3.46 | 1.82 | 1.26 |
Tax | 10.82 | 16.24 | 11 | 12 |
PAT | 172.6 | 186.87 | 88 | 34 |
NPM | 3.13 | 3.18 | 1.62 | 0.93 |
EPS | 6.91 | 3.45 | 1.61 | 0.62 |
Financial Ratios | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Operating Profit Margin | 4.36 | 5.51 | 4.87 | 2.25 |
Net Profit Margin | 3.13 | 3.18 | 1.62 | 0.93 |
Earning Per Share (Diluted) | 6.91 | 3.45 | 1.61 | 0.62 |