---
title: "Focus Lighting & Fixtures Ltd (FOCUS) — Share Price, Financials & Analysis"
symbol: "FOCUS"
company: "Focus Lighting & Fixtures Ltd"
canonical: "https://tapetide.com/stocks/FOCUS"
isin: "INE593W01028"
nse_symbol: "FOCUS"
sector: "Consumer Goods"
industry: "Electronics"
market_cap_cr: 408.38
generated_at: "2026-09-13T18:45:12.505Z"
---

# Focus Lighting & Fixtures Ltd (FOCUS)

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

## Company

- **NSE Symbol:** FOCUS
- **ISIN:** INE593W01028
- **Sector:** Consumer Goods
- **Industry:** Electronics
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2021-11-24
- **CEO:** Mr. Amit Vinod Sheth
- **Employees:** 179
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** focuslightingandfixtures.com

## About

Incorporated in 2005, Focus Lighting & Fixtures Limited is engaged in manufacturing and trading of innovative LED lights and fixtures. [1]

## Latest Price

- **Price:** ₹61.84
- **Change:** -0.13 (-0.21%)
- **Open:** ₹62.28
- **Day High:** ₹62.5
- **Day Low:** ₹59.56
- **Previous Close:** ₹61.97
- **Volume:** 22532
- **As Of:** 2026-09-11T10:22:58+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:13.539025Z.

- **Market Cap:** ₹408.38 Cr
- **Classification:** Microcap
- **P/E (reported):** 72.1
- **P/E (TTM):** 65.09
- **EPS (TTM):** ₹0.95
- **Book Value:** ₹21.7
- **Price to Book:** 2.86
- **Dividend Yield:** 0.81%
- **ROE:** 3.46%
- **ROCE:** 5.61%
- **Debt to Equity:** 0.16
- **Revenue (yearly):** ₹190.7 Cr
- **Net Income:** ₹5.1 Cr
- **EBITDA:** ₹18.9 Cr
- **52-Week High:** ₹69.5
- **52-Week Low:** ₹59.64
- **RSI (14):** 31

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 77.33 | 9% |
| growth | 60.49 | 9% |
| momentum | 46.82 | 12% |
| ownership | 50.71 | 24% |
| quality | 74.11 | 22% |
| valuation | 26.72 | 24% |

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

## Key Insights

### Weaknesses

- Stock is trading at 3.43 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.52% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -20.31% | 319.81% | 329.57% |
| ebitda margin growth | 4.29% | -36.5% | -56.77% | 4.1% |
| net income growth | 11.54% | -66.45% | -39% | 39% |
| revenue growth | -17.76% | 2.42% | 4% | 28% |
| roce | 8.98% | -58.44% | -82.35% | 19.83% |
| roe | 10.38% | -67.99% | 14.79% | -73.24% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 44.74 | 30.46 | 36.08 | 30.97 | 43.95 | 38.69 | 40.34 | 40.8 | 45.08 | 36.3 | 57.93 | 46.05 |
| Expenses | 37 | 28.78 | 32.5 | 26.51 | 36.38 | 36.15 | 35.83 | 36.73 | 40.68 | 34.23 | 51.04 | 39.9 |
| Operating Profit | 7.74 | 1.68 | 3.58 | 4.46 | 7.57 | 2.54 | 4.51 | 4.07 | 4.4 | 2.07 | 6.89 | 6.15 |
| OPM % | 17.3 | 5.52 | 9.92 | 14.4 | 17.22 | 6.57 | 11.18 | 9.98 | 9.76 | 5.7 | 11.89 | 13.36 |
| Other Income | 1.2 | 1.22 | 0.45 | 0.31 | 0.51 | 7.64 | -0.02 | 0.23 | 0.33 | 0.61 | -0.03 | 1.07 |
| Interest | 0.19 | 0.21 | 0.4 | 0.16 | 0.13 | 0.27 | 0.35 | 0.12 | 0.19 | 0.38 | 0.6 | 0.69 |
| Depreciation | 1.46 | 1.59 | 1.73 | 1.31 | 1.8 | 2.21 | 2.7 | 2.15 | 2.35 | 2.51 | 2.73 | 2.68 |
| Profit before tax | 7.29 | 1.1 | 1.9 | 3.3 | 6.15 | 7.7 | 1.44 | 2.03 | 2.19 | -0.21 | 3.53 | 3.85 |
| Tax % | 23.59 | 60 | 69.47 | 25.76 | 26.99 | 22.99 | -4.86 | 23.15 | 26.48 | 200 | 26.63 | 26.75 |
| Net Profit | 5.57 | 0.44 | 0.58 | 2.45 | 4.48 | 5.93 | 1.51 | 1.55 | 1.61 | -0.62 | 2.59 | 2.82 |
| EPS in Rs | 0.85 | 0.07 | 0.09 | 0.37 | 0.67 | 0.88 | 0.22 | 0.23 | 0.24 | -0.09 | 0.38 | 0.42 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 91 | 110 | 90 | 52 | 102 | 162 | 156 | 154 | 180 | 185 |
| Expenses | 80 | 94 | 80 | 49 | 93 | 129 | 136 | 135 | 163 | 166 |
| Operating Profit | 11 | 16 | 10 | 3 | 8 | 33 | 20 | 19 | 17 | 20 |
| OPM % | 12 | 14 | 11 | 5 | 8 | 21 | 13 | 12 | 10 | 11 |
| Other Income | 0 | 1 | 1 | 1 | 1 | 1 | 4 | 8 | 1 | 2 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Depreciation | 1 | 2 | 3 | 4 | 3 | 4 | 6 | 8 | 10 | 10 |
| Profit before tax | 10 | 13 | 6 | -2 | 5 | 29 | 17 | 19 | 8 | 9 |
| Tax % | 40 | 27 | 33 | -17 | 28 | 23 | 35 | 23 | 32 | — |
| Net Profit | 6 | 10 | 4 | -2 | 3 | 22 | 11 | 14 | 5 | 6 |
| EPS in Rs | 3.47 | 5.76 | 0.84 | -0.32 | 0.69 | 3.42 | 1.71 | 2.14 | 0.76 | 0.95 |
| Dividend Payout % | 0 | 3 | 0 | 0 | 15 | 44 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 3 | 3 | 10 | 10 | 10 | 13 | 13 | 13 | 13 |
| Reserves | 9 | 18 | 28 | 25 | 24 | 27 | 78 | 90 | 102 | 108 |
| Borrowings | 0 | 2 | 3 | 4 | 5 | 3 | 3 | 12 | 17 | 19 |
| Other Liabilities | 14 | 16 | 16 | 22 | 26 | 43 | 34 | 23 | 28 | 46 |
| Total Liabilities | 26 | 40 | 51 | 61 | 64 | 82 | 128 | 138 | 160 | 187 |
| Fixed Assets | 2 | 3 | 13 | 13 | 15 | 15 | 20 | 21 | 38 | 38 |
| CWIP | 0 | 4 | 1 | 0 | 1 | 1 | 2 | 19 | 22 | 32 |
| Investments | 0 | 0 | 0 | 1 | 1 | 1 | 11 | 6 | 4 | 4 |
| Other Assets | 24 | 32 | 36 | 48 | 48 | 66 | 95 | 91 | 96 | 113 |
| Total Assets | 26 | 40 | 51 | 61 | 64 | 82 | 128 | 138 | 160 | 187 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 2 | 6 | 3 | 3 | 5 | -14 | 5 | 31 | 21 |
| Cash from Investing Activity | 0 | -6 | -9 | -3 | -2 | -4 | -9 | -20 | -25 | -19 |
| Cash from Financing Activity | 0 | 5 | 0 | 0 | -1 | -1 | 29 | 9 | -4 | -3 |
| Net Cash Flow | 0 | 1 | -2 | 0 | 0 | 0 | 6 | -6 | 1 | -1 |
| Free Cash Flow | 0 | -4 | -2 | 0 | 1 | 1 | -23 | -15 | 5 | 2 |
| CFO/OP | 0 | 53 | 66 | 53 | 105 | 78 | -19 | 60 | 180 | 138 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 70 | 72 | 64 | 109 | 149 | 105 | 80 | 81 | 77 | 79 |
| Inventory Days | 39 | 42 | 57 | 88 | 171 | 108 | 136 | 170 | 191 | 178 |
| Days Payable | 69 | 65 | 61 | 99 | 171 | 136 | 68 | 43 | 55 | 85 |
| Cash Conversion Cycle | 40 | 49 | 60 | 97 | 149 | 78 | 148 | 208 | 213 | 172 |
| Working Capital Days | 40 | 41 | 53 | 80 | 132 | 76 | 115 | 153 | 140 | 107 |
| ROCE % | 49 | 56 | 48 | 18 | -2 | 15 | 45 | 18 | 16 | 7 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 56.8% | 56.09% | 56.09% | 56.09% | 55.28% | 55.28% | 55.28% | 55.28% | 55.28% | 55.31% | 55.42% | 55.42% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0% | 0.03% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 40.82% | 40.19% | 40.71% | 39.37% | 36.98% | 37.09% | 38.18% | 38.81% | 39.29% | 39.05% | 38.61% | 38.83% |
| Others | 2.38% | 3.71% | 3.2% | 4.54% | 7.74% | 7.63% | 6.53% | 5.91% | 5.42% | 5.63% | 5.96% | 5.72% |
| No. of Shareholders | 8127 | 15283 | 16249 | 18253 | 28712 | 25179 | 25162 | 24416 | 23721 | 22956 | 21909 | 20510 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 63.36 | Sell |
| EMA (10) | 63.29 | Sell |
| SMA (20) | 65.83 | Sell |
| EMA (20) | 65.19 | Sell |
| SMA (50) | 70.57 | Sell |
| EMA (50) | 70 | Sell |
| SMA (100) | 78.3 | Sell |
| EMA (100) | 73.55 | Sell |
| SMA (200) | 74.25 | Sell |
| EMA (200) | 77.04 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 30.69 | Neutral |
| MACD (12,26,9) | -2.57 | Sell |
| Stochastic (14,3,3) | 17.38 | Buy |
| ADX (14) | 37.46 | Buy |
| Williams %R (14) | -77.06 | Neutral |
| ATR (14) | 2.73 | High Volatility |
| ROC (12) | -7.48 | Sell |
| Stoch RSI (14) | 38.64 | Neutral |
| UO (7,14,28) | 44.39 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 12 Sep - Revised press release: Focus Lighting wins Rs 5-10 crore order from Ingka Centres India Private Limited. | [Press Release (Revised) 12 Sep - Revised press release: Focus Lighting wins Rs 5-10 crore order from Ingka Centres India Private Limited.](https://nsearchives.nseindia.com/corporate/FOCUS_12092026164828_PRrevised.pdf) |
| 12 Sep - Focus Lighting won Rs 5-10 crore order from Ingka Centres for LED lights and fixtures. | [Press Release 12 Sep - Focus Lighting won Rs 5-10 crore order from Ingka Centres for LED lights and fixtures.](https://nsearchives.nseindia.com/corporate/FOCUS_12092026153025_PR_covering_merged.pdf) |
| 12 Sep - Focus Lighting won Rs 5-10 crore LED order from Ingka Centres India, to be delivered by December 2026. | [Bagging/Receiving of orders/contracts 12 Sep - Focus Lighting won Rs 5-10 crore LED order from Ingka Centres India, to be delivered by December 2026.](https://nsearchives.nseindia.com/corporate/FOCUS_12092026164433_SErevisedorder.pdf) |
| 12 Sep - Focus Lighting bagged domestic LED lights order from Ingka Centres, worth Rs 5-10 crore, to be executed by December 2026. | [Bagging/Receiving of orders/contracts 12 Sep - Focus Lighting bagged domestic LED lights order from Ingka Centres, worth Rs 5-10 crore, to be executed by December 2026.](https://nsearchives.nseindia.com/corporate/FOCUS_12092026152457_SEaward.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Press Release](https://nsearchives.nseindia.com/corporate/FOCUS_09092026171808_IntimationofPressRelease.pdf) |
| 2026-09-09 | [Bagging/Receiving of orders/contracts](https://nsearchives.nseindia.com/corporate/FOCUS_09092026170802_IntimationtoNSEBaggingoforder.pdf) |
| 2026-08-22 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/FOCUS_22082026142242_IntimationofNewspaper.pdf) |
| 2026-08-21 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/FOCUS_21082026183323_IntimationofAGMNoticeandAnnualReport.pdf) |
| 2026-08-21 | [General Updates](https://nsearchives.nseindia.com/corporate/FOCUS_21082026203247_IntimationtoUnRegisteredSHforWeb-linkandQR.pdf) |
| 2026-08-21 | [Record Date](https://nsearchives.nseindia.com/corporate/FOCUS_21082026184314_IntimationofRecorddate.pdf) |
| 2026-08-17 | [Press Release](https://nsearchives.nseindia.com/corporate/FOCUS_17082026154901_IntimationofPressRelease.pdf) |
| 2026-08-12 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/FOCUS_12082026181126_IntimationofNewspaperAdvertisementJune302026.pdf) |
| 2026-08-11 | [General Updates](https://nsearchives.nseindia.com/corporate/FOCUS_11082026212607_DisclosureofAcquisiton.pdf) |
| 2026-08-11 | [Acquisition](https://nsearchives.nseindia.com/corporate/FOCUS_11082026221818_DisclosureofAcquisiton.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_11082026221033_DisclosureofAcquisiton.pdf) |
| 2026-08-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_11082026173840_OutcomeofBoardMeetingFinancials.pdf) |
| 2026-08-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_11082026185412_OutcomeofBoardMeetingStatutoryAuditor.pdf) |
| 2026-08-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_11082026182726_IntimationtoNSEResignationofAuditor.pdf) |
| 2026-08-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_11082026180229_OutcomeofBoardMeetingReappointmentofMD.pdf) |
| 2026-05-27 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_27052026185148_OutcomeofBMwithResults.pdf) |
| 2026-05-27 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_27052026192531_OutcomeofBMwithResults.pdf) |
| 2026-05-27 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_27052026185722_OutcomeofBMInternalAuditor.pdf) |
| 2026-02-09 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_09022026184733_OutofBMwithresults.pdf) |
| 2026-02-09 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/FOCUS_09022026184206_OutofBMwithresults.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_30504_FOCUS_2025_2026_A_12946983_21082026183913.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_27805_FOCUS_2024_2025_A_22136879_28082025155211.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_25003_FOCUS_2023_2024_19082024145022.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22705_FOCUS_2022_2023_09082023122320_08092023130000.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21105_FOCUS_2021_2022_02092022174030_09022022180009.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_18577_FOCUS_2020_2021_02082021133553_03082021194650.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17448_FOCUS_2019_2020_05092020234226_06092020070004.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_14561_FOCUS_2018_2019_20062019190803_20062019200008.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_14379_FOCUS_2017_2018_22102018211037.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2023 | [Concall - Nov 2023](https://nsearchives.nseindia.com/corporate/FOCUS_01112023153605_IntimationofTranscriptQ2.pdf) |
| May 2023 | [Concall - May 2023](https://archives.nseindia.com/corporate/FOCUS_05052023162908_IntimationofInvestorPresentationforQ4.pdf) |
| May 2023 | [Concall - May 2023](https://archives.nseindia.com/corporate/FOCUS_08052023120258_IntimationofTranscriptQ4.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://nsearchives.nseindia.com/corporate/FOCUS_01062024163600_IntimationofTranscriptQ4FY24.pdf) |
| Jul 2023 | [Concall - Jul 2023](https://archives.nseindia.com/corporate/FOCUS_25072023135852_IntimationofInvestorPresentationforQ1.pdf) |
| Jul 2023 | [Concall - Jul 2023](https://archives.nseindia.com/corporate/FOCUS_28072023154546_IntimationofTranscriptQ4.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://nsearchives.nseindia.com/corporate/FOCUS_19022024122322_5IntimationofTranscriptQ3FY24.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://archives.nseindia.com/corporate/FOCUS_18022023111749_IntimationofTranscriptQ3.pdf) |
| Dec 2024 | [Concall - Dec 2024](https://nsearchives.nseindia.com/corporate/FOCUS_02122024112927_5IntimationofTranscriptQ2FY25.pdf) |
| Dec 2022 | [Concall - Dec 2022](https://archives.nseindia.com/corporate/FOCUS_30122022152128_IntimationofInvestorPresentation.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 2026-09-13T18:45:12.505Z.