---
title: "L. T. Elevator Ltd (544518) — Share Price, Financials & Analysis"
symbol: "544518"
company: "L. T. Elevator Ltd"
canonical: "https://tapetide.com/stocks/544518"
isin: "INE0TJ801010"
nse_symbol: "LTELEVATORLTD"
bse_code: "544518"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 762.26
generated_at: "2026-09-13T18:48:14.973Z"
---

# L. T. Elevator Ltd (544518)

Canonical page: https://tapetide.com/stocks/544518

## Company

- **NSE Symbol:** LTELEVATORLTD
- **BSE Code:** 544518
- **ISIN:** INE0TJ801010
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-09-19
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ltelevator.com

## About

Incorporated in 2008, L.T. Elevator provides end-to-end elevator and automated parking solutions covering design, manufacturing, installation and O&M [1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:38:52.039041Z.

- **Market Cap:** ₹762.26 Cr
- **Classification:** SME
- **P/E (reported):** 46.4
- **Book Value:** ₹62.08
- **Price to Book:** 5.98
- **Dividend Yield:** 0%
- **ROE:** 18.4%
- **ROCE:** 27.26%
- **Debt to Equity:** 0.22
- **Revenue (yearly):** ₹111.7 Cr
- **Net Income:** ₹17 Cr
- **EBITDA:** ₹26.7 Cr
- **52-Week High:** ₹380.4
- **52-Week Low:** ₹125.33
- **RSI (14):** 71.33

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 71.65 | 9% |
| growth | 98.9 | 9% |
| momentum | 90.28 | 12% |
| ownership | 50 | 24% |
| quality | 65.41 | 22% |
| valuation | 25.43 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 65.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%

### Weaknesses

- Stock is trading at 7.82 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.14%
- Company has high debtors of 150 days.
- Working capital days have increased from 106 days to 186 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -277.56% | -502.48% | -549.47% |
| ebitda margin growth | 7.61% | 45.7% | 234.87% |
| net income growth | 142.86% | 149% | 65% |
| revenue growth | 103.46% | 48% | 28% |
| roce | 13.07% | -40.7% | 27.1% |
| roe | 19.79% | 21.1% | -368.61% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 20 | 37 | 47 | 64 |
| Expenses | 17 | 24 | 37 | 48 |
| Operating Profit | 2 | 12 | 10 | 16 |
| OPM % | 13 | 34 | 21 | 25 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 2 | 11 | 9 | 15 |
| Tax % | 28 | 28 | 25 | 31 |
| Net Profit | 1 | 8 | 6 | 11 |
| EPS in Rs | 1.17 | 5.75 | 3.37 | 5.52 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 32 | 25 | 34 | 40 | 55 | 111 |
| Expenses | 28 | 24 | 31 | 33 | 42 | 84 |
| Operating Profit | 4 | 2 | 4 | 7 | 13 | 27 |
| OPM % | 13 | 7 | 11 | 17 | 23 | 24 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 1 | 2 | 1 | 2 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 0 | 2 | 5 | 10 | 24 |
| Tax % | 27 | -9 | 28 | 31 | 30 | 29 |
| Net Profit | 1 | 0 | 1 | 3 | 7 | 17 |
| EPS in Rs | 183.86 | -56.88 | 2.71 | 6.88 | 5.11 | 8.88 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.08 | 0.08 | 5 | 5 | 14 | 19 |
| Reserves | 7 | 6 | 3 | 6 | 32 | 73 |
| Borrowings | 15 | 14 | 14 | 14 | 17 | 20 |
| Other Liabilities | 16 | 18 | 21 | 18 | 24 | 30 |
| Total Liabilities | 38 | 38 | 43 | 43 | 87 | 142 |
| Fixed Assets | 13 | 12 | 11 | 8 | 19 | 21 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 25 | 26 | 31 | 35 | 68 | 121 |
| Total Assets | 38 | 38 | 43 | 43 | 87 | 142 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 4 | 3 | -3 | -4 | -17 |
| Cash from Investing Activity | — | -1 | -1 | 2 | 6 | 23 |
| Cash from Financing Activity | — | -2 | -2 | 1 | -2 | 1 |
| Net Cash Flow | — | 0 | 0 | 0 | -1 | 7 |
| Free Cash Flow | — | 4 | 3 | -4 | -5 | -27 |
| CFO/OP | — | 224 | 106 | -30 | -21 | -49 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 130 | 129 | 126 | 104 | 147 | 150 |
| Inventory Days | 143 | 249 | 178 | 238 | 479 | 226 |
| Days Payable | 136 | 154 | 163 | 120 | 105 | 62 |
| Cash Conversion Cycle | 137 | 224 | 141 | 221 | 520 | 315 |
| Working Capital Days | -31 | -90 | -72 | -6 | 139 | 186 |
| ROCE % | — | 5 | 15 | 27 | 27 | 30 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 62.92% | 62.92% | 62.92% |
| FIIs | 3.17% | 2.18% | 0% |
| DIIs | 10.63% | 9.23% | 8.67% |
| Government | 0% | 0% | 0% |
| Public | 16.26% | 17.34% | 20.04% |
| Others | 7.02% | 8.33% | 8.37% |
| No. of Shareholders | 772 | 49 | 711 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 2 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 337.49 | Buy |
| EMA (10) | 346.82 | Buy |
| SMA (20) | 332.8 | Buy |
| EMA (20) | 333.46 | Buy |
| SMA (50) | 295.45 | Buy |
| EMA (50) | 303.29 | Buy |
| SMA (100) | 257.58 | Buy |
| EMA (100) | 269.77 | Buy |
| SMA (200) | 222.01 | Buy |
| EMA (200) | 230.19 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 72.62 | Sell |
| MACD (12,26,9) | 16.98 | Buy |
| Stochastic (14,3,3) | 90.81 | Sell |
| ADX (14) | 41.07 | Buy |
| Williams %R (14) | -3.94 | Sell |
| ATR (14) | 16.34 | High Volatility |
| ROC (12) | 10.28 | Buy |
| Stoch RSI (14) | 92.16 | Sell |
| UO (7,14,28) | 68.47 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3107d8e-220a-44c1-b9d9-8227b952d969.pdf) |
| 2026-09-09 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76d512ad-e4b8-4b06-9ace-d8c1dbf54c63.pdf) |
| 2026-09-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75614964-65fc-4f4e-8a76-45653c98e0b0.pdf) |
| 2026-08-18 | [Notice Of 18Th Annual General Meeting Of The Shareholders Of The Company Will Be Held On Wednesday September 09 2026 At 02:00 PM (IST) Through Video Conference/Other Audio-Visual Means.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c08c747e-5746-4d21-96e2-4d761714dffc.pdf) |
| 2026-08-18 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df848724-7998-423f-ac4e-95c8cd4c4713.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting In Accordance With Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f42c9bf5-c0bf-4011-8177-6fd1fd6b8c32.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee7e18f4-af8a-41a2-970b-9dba0bc4c81f.pdf) |
| 2026-08-12 | [Intimation Of Participation In Alpha Ideas SME Stars 2026 Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d712042-47ab-4dfd-bf93-d0a6d5f6847e.pdf) |
| 2026-08-10 | [Board Meeting Intimation for Intimation Of Board Meeting In Accordance With Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8ec1b79-e54e-4fd5-98d9-32ef8d268bde.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1252e8c4-1524-41ea-93ce-cc456e591c1c.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-09-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=126542a6-d1a0-4f3c-88aa-272225b61dfe.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0cf6da23-6ddb-4f04-8b39-db8b55af796a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Proposed merger with Ricardo Elevators; combined order book ₹289 Cr; target capex go-live Q4'FY27. | [Power Point Presentation 9 Jan - Proposed merger with Ricardo Elevators; combined order book ₹289 Cr; target capex go-live Q4'FY27.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3dacd80-4eb7-4f4b-af3c-4db3f4b68df5.pdf) |
| 9 Jan - Board approved binding term sheet to merge Ricardo Elevators; Ricardo generates ₹6 crore monthly order inflows. | [Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 9 Jan - Board approved binding term sheet to merge Ricardo Elevators; Ricardo generates ₹6 crore monthly order inflows.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08ae5aa0-2cff-44fd-9947-a20bdaed4c24.pdf) |
| 9 Feb - 9M FY26 revenue ₹796.89Cr, net profit ₹39.81Cr; wins orders including ~₹3,300Cr consortium involvement, ₹269.69Cr, ₹230Cr, AED35m. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 9 Feb - 9M FY26 revenue ₹796.89Cr, net profit ₹39.81Cr; wins orders including ~₹3,300Cr consortium involvement, ₹269.69Cr, ₹230Cr, AED35m.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cb36ff1-b7f5-40dd-b9ac-0c52817aae29.pdf) |
| 8 May - Board approved audited standalone and consolidated FY2026 results; auditors issued unmodified report on 8 May 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held On May 8, 2026 Under Regulation 30 Read With Para A Of Schedule III Of SEBI (LODR) Regulations, 2015 8 May - Board approved audited standalone and consolidated FY2026 results; auditors issued unmodified report on 8 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b3f5d697-0cdb-43ee-a42e-32e6f4f63e3f.pdf) |
| 6h - SEPC's long- and short-term bank facilities downgraded to 'D' by CRISIL and Infomerics. | [Announcement under Regulation 30 (LODR)-Credit Rating 6h - SEPC's long- and short-term bank facilities downgraded to 'D' by CRISIL and Infomerics.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0322487a-2a14-40f4-af2a-ce426a76c6d3.pdf) |
| 31 Mar - Trading window closed April 1, 2026 until 48 hours after FY2026 results declaration. | [Closure of Trading Window 31 Mar - Trading window closed April 1, 2026 until 48 hours after FY2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b84c4241-c510-4f09-bbf6-da9dbbaa39ab.pdf) |
| 3 Mar - TCIL cancelled LOI to SEPC (LOI issued Feb 07); cancellation communicated March 03, 2026. | [General Update- Update On Earlier Intimation Dated February 07, 2026 3 Mar - TCIL cancelled LOI to SEPC (LOI issued Feb 07); cancellation communicated March 03, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/697e2b08-54ef-4cb7-9ee6-b237ba0c44a8.pdf) |
| 2d - Board approved audited standalone and consolidated FY2026 financial statements on 8 May 2026. | [Board Meeting Outcome for Revised Outcome 2d - Board approved audited standalone and consolidated FY2026 financial statements on 8 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/14d3715a-5e08-4172-8872-694d96ce5853.pdf) |
| 27 Feb - Madras HC ordered interim attachment of Rs.154,63,23,499 receivables; PwC audit of SEPC; report due 23/03/2026. | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Update On Earlier Intimation Regarding Order Of The Hon'Ble High Of Madras. 27 Feb - Madras HC ordered interim attachment of Rs.154,63,23,499 receivables; PwC audit of SEPC; report due 23/03/2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ba64293-c0f6-4d42-89a5-7d0786a61778.pdf) |
| 27 Apr - L.T. Elevator says Annual Secretarial Compliance Report is not applicable as it is listed on BSE SME platform. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 27 Apr - L.T. Elevator says Annual Secretarial Compliance Report is not applicable as it is listed on BSE SME platform.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6699457f-4fd6-4322-9f3b-834877b450d9.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15584598-4179-4a5d-9a5b-b3760ff4c6c7.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/15584598-4179-4a5d-9a5b-b3760ff4c6c7.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-01-23 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1aae577-c39e-48dd-b62f-74c37299a32d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-14 | [Results - Financial Results (Standalone & Consolidated) For Half Year September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e66864b-fcba-4eb6-9d18-30be05fa3c5c.pdf) |
| 2025-11-11 | [Results-Financial Results For Sep 30 2025 (Standalone & Consolidated)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c31d4b91-426b-4d28-b76c-3046f29734b9.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_2729_SHRIRAMEPC_2011_2012_22102013160025.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a73d7b7-3cfe-4fa9-a744-b9dee4b10524.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf59a2e9-9560-4f16-b8b2-3e869f9eeaac.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6dda5270-c4ee-44a8-80f5-169c2c7d62e7.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532945/74781532945.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532945/71935532945.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532945/65459532945.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532945/5329450319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532945/5329450318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532945/5329450317.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:48:14.973Z.