LAVA International Limited Unlisted Shares

LAVA International Limited Unlisted Shares

Fundamentals

LAVA International Limited Unlisted Shares
₹38 Per Equity Share

Lot Size 1000 Shares

52 Week High 46

52 Week Low 38

Depository NSDL & CDSL

PAN Number AABCL5987H

ISIN Number INE745X01022

CIN U32201DL2009PLC188920

RTA Link Intime
Market Cap (in cr.) 2056

P/E Ratio 60.32

P/B Ratio 2.15

Debt to Equity 0.12

ROE (%) 3.57

Book Value 17.7

Face Value 5

Total Shares 541126216

P&L Statement

P&L Statement 2021 2022 2023 2024
Revenue 5512.87 5877.64 5443 3646
Cost of Material Consumed 1154.6 1147.37 4570 2849
Change in Inventory -127.33 -103.78 -49 218
Gross Margins 79.06 80.48 16 21.86
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

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

Balance Sheet

Assets 2021 2022 2023 2024
Fixed Assets 119.14 161.96 269 48.5
CWIP 3.27 56.86 19 20
Investments 13.05 75.62 107 384
Trade Receivables 1162.41 1292.11 738 393
Inventory 443.86 682.87 736 384
Other Assets 688.02 1123.92 657 501.5
Total Assets 2429.75 3393.34 2526 1731

Liabilities

Liabilities 2021 2022 2023 2024
Share Capital 124.86 270.56 273.8 273.8
FV 5 5 5 5
Reserves 1461.34 2016.75 1130 679
Borrowings 103.12 322.41 306 112
Trade Payables 508.18 515.76 586 404
Other Liabilities 232.26 267.86 230.2 262.2
Total Liabilities 2429.76 3393.34 2526 1731

Cash-Flow Statement

Cash-Flow Statement 2021 2022 2023 2024
PBT 183.42 203.11 99 45
OPBWC 266.45 339.16 267 76
Change in Receivables 49.44 -91.95 -184 -79
Change in Inventories -204.67 -73.84 -51 243
Change in Payables -24.88 -42.36 51 -42
Other Changes 94.43 -36.61 -20 -74
Working Capital Change -85.68 -244.76 -204 48
Cash Generated From Operations 180.77 94.4 63 124
Tax -28.99 -39.06 -26 -11
Cash Flow From Operations 151.78 55.34 37 113
Purchase of PPE -68.44 -191.03 -20 -10
Sale of PPE 0.43 0.01 0.3 0
Cash Flow From Investment -95.14 -210.98 6.6 19
Borrowing -21.75 65.14 -16.5 -92
Dividend 0 0 0 0
Equity 0 102 0 0
Others From Financing -27.34 -2.84 -44.5 -26
Cash Flow from Financing -49.09 164.3 -61 -118
Net Cash Generated 7.55 8.66 -17.4 14
Cash at the Start 18.63 23.87 93 82
Cash at the End 26.18 32.53 75.6 96

Shareholding Pattern

Promoters 85.95%
Others 14.05%
Promoters 79.33%
Others 20.67%
Promoters 65.27%
Others 34.73%
Promoters 38.47%
Others 61.53%

Promoters or Management

Name Designation Experience LinkedIn Profile
Hari Om Rai Chairman & MD 21 yrs
Sunil Raina Director 21 yrs
Sachin Nandwani CFO 20 Yrs


LAVA International Limited is one of India’s leading mobile handset manufacturers, recognized for its strong focus on indigenous design, engineering, and manufacturing. Established with the vision of creating a global Indian brand, LAVA has steadily built its presence across feature phones, smartphones, tablets, and electronics accessories. The company’s “Make in India” commitment is reflected in its robust manufacturing capabilities, including large-scale production facilities and an expanding R&D ecosystem. Over the years, LAVA has gained a loyal customer base, particularly in the mass and mid-range segments, due to its reliable product quality, affordability, and strong after-sales support.

In recent years, LAVA has intensified its emphasis on innovation and product development, aiming to compete with global technology brands and emerging Indian smartphone companies. LAVA’s efforts in designing smartphones within India, along with initiatives like providing customizable phone configurations, demonstrate its attempt to differentiate itself in a highly competitive market. The company has also expanded its presence in international markets such as Africa, the Middle East, and Southeast Asia, which strengthens its revenue diversification. Strategic partnerships, improvements in supply chain efficiency, and a focus on customer-centric features have further bolstered the company’s market relevance.

From an investment perspective, LAVA International Limited’s unlisted shares offer exposure to India’s growing electronics and mobile manufacturing sector. As the government continues to promote domestic production through schemes like PLI (Production Linked Incentive), companies with strong manufacturing foundations—like LAVA—stand to benefit significantly. However, investors should also consider market challenges such as intense competition from Chinese brands, rapid technological shifts, and margin pressure in the smartphone sector. Despite these challenges, LAVA’s long-term growth prospects remain encouraging, driven by its strong brand positioning, localized manufacturing strength, and expansion into global markets. This makes its unlisted shares a potential opportunity for investors seeking exposure to the Indian consumer electronics and mobility sector.

FAQs about LAVA International Limited Unlisted Shares


Q:1 How do I confirm my booking for LAVA International Limited Unlisted Shares?Answer: You can confirm your booking by contacting us and providing the trading price for the shares you wish to purchase.

Q:2 What documents do I need to provide for purchasing unlisted shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque if you are not transferring funds from the bank account mentioned in the CMR Copy.These are KYC documents required as per SEBI regulations.

Q:3 How will I receive the bank details for fund transfer?

Answer: We will provide you with the necessary bank details once you confirm your booking for the shares.

Q:4 What payment methods are accepted for purchasing LAVA International Limited Unlisted Shares?Answer: Payments can be made via RTGS, NEFT, IMPS, or CHEQUE TRANSFER.Please note that cash deposits are not accepted.

Q:5 Can I transfer funds from any bank account to purchase the shares?

Answer: No, payment has to be done from the same account in which the shares are to be credited as per our policy.

Q:6 Is it necessary to provide a Cancelled Cheque for the purchase?Answer: Yes, a Cancelled Cheque is required if you are not transferring funds from the bank account specified in your CMR Copy.

Q:7 What happens if I do not have a client master report?

Answer: If you do not have a client master report, you should ask your broker for it, as it is a necessary document for the purchase.

Q:8 Are there any restrictions on the payment method for buying unlisted shares?Answer: Yes, payments must be made through RTGS, NEFT, IMPS, or CHEQUE TRANSFER only.Cash deposits are strictly prohibited.



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