| 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 | 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 |
| 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 | 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 | 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 |
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.
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.