---
title: "Lakshmi Finance & Industrial Corporation Ltd (LFIC) — Share Price, Financials & Analysis"
symbol: "LFIC"
company: "Lakshmi Finance & Industrial Corporation Ltd"
canonical: "https://tapetide.com/stocks/LFIC"
isin: "INE850E01012"
nse_symbol: "LFIC"
sector: "Financial Services"
industry: "Investment Company"
market_cap_cr: 42
generated_at: "2026-09-13T18:57:50.063Z"
---

# Lakshmi Finance & Industrial Corporation Ltd (LFIC)

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

## Company

- **NSE Symbol:** LFIC
- **ISIN:** INE850E01012
- **Sector:** Financial Services
- **Industry:** Investment Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-04-15
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** lakshmifinance.org.in

## About

Incorporated in 1980, Lakshmi Finance & Industrial Corporation Ltd invests in Equity Shares, Mutual Funds and Other Securities[1]

## Latest Price

- **Price:** ₹139.35
- **Change:** -5.97 (-4.11%)
- **Open:** ₹144
- **Day High:** ₹144
- **Day Low:** ₹137
- **Previous Close:** ₹145.32
- **Volume:** 9389
- **As Of:** 2026-09-11T09:59:01+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:08.254256Z.

- **Market Cap:** ₹42 Cr
- **Classification:** Microcap
- **P/E (reported):** 31.6
- **P/E (TTM):** 30.43
- **EPS (TTM):** ₹4.58
- **Book Value:** ₹190.78
- **Price to Book:** 0.76
- **Dividend Yield:** 2.06%
- **ROE:** -1.25%
- **ROCE:** -2.14%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹7 Cr
- **Net Income:** ₹-0.7 Cr
- **EBITDA:** ₹-1 Cr
- **52-Week High:** ₹224.85
- **52-Week Low:** ₹111
- **RSI (14):** 57.76

## Tapetide Score

- **Score:** 56 / 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: Flat
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 97%
- **Data coverage:** 94%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 73.34 | 9% |
| growth | 37.05 | 9% |
| momentum | 54.66 | 12% |
| ownership | 50 | 24% |
| quality | 70.38 | 22% |
| valuation | 48.58 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.73 times its book value

### Weaknesses

- Company has a low return on equity of 7.91% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -78.72% | -79.82% | — |
| ebitda margin growth | 221.28% | -142.2% | -116.78% | -118.12% |
| net income growth | 242.86% | -119.44% | -106.73% | -112.28% |
| revenue growth | 205% | -9.09% | 25% | -14% |
| roce | — | -150.95% | -109.61% | 7.6% |
| roe | — | -120.56% | 7.73% | -110.31% |

## 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 | 3.18 | 5.11 | 3.55 | 6.76 | 4.81 | 2.02 | 1.69 | 5.46 | 1.47 | 2.44 | 2 | 6.13 |
| Expenses | 0.42 | 0.43 | 1.75 | 0.46 | 0.52 | 5.22 | 6.43 | 0.4 | 3.09 | 0.47 | 6.68 | 0.45 |
| Operating Profit | 2.76 | 4.68 | 1.8 | 6.3 | 4.29 | -3.2 | -4.74 | 5.06 | -1.62 | 1.97 | -4.68 | 5.68 |
| OPM % | 86.79 | 91.59 | 50.7 | 93.2 | 89.19 | -158.42 | -280.47 | 92.67 | -110.2 | 80.74 | -234 | 92.66 |
| Other Income | 0.02 | 0 | 0.01 | 0.01 | 0.02 | 0 | 0 | 0 | 0 | 0.01 | 0.04 | 0 |
| Interest | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 |
| Depreciation | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Profit before tax | 2.74 | 4.63 | 1.76 | 6.25 | 4.25 | -3.26 | -4.8 | 5 | -1.68 | 1.92 | -4.7 | 5.63 |
| Tax % | 24.09 | 19.87 | -8.52 | 23.68 | 18.59 | -38.04 | -45 | 25.2 | -26.19 | 30.21 | -41.06 | 28.24 |
| Net Profit | 2.09 | 3.72 | 1.91 | 4.77 | 3.46 | -2.02 | -2.64 | 3.74 | -1.24 | 1.34 | -2.77 | 4.04 |
| EPS in Rs | 6.97 | 12.4 | 6.37 | 15.9 | 11.53 | -6.73 | -8.8 | 12.47 | -4.13 | 4.47 | -9.23 | 13.47 |

### 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 | 6.63 | 2.95 | 2.75 | 15.03 | 7.96 | 3.59 | 14.86 | 7.69 | 7.01 | 12.04 |
| Expenses | 1.86 | 3.34 | 12.36 | 1.37 | 1.53 | 3.25 | 1.9 | 5.03 | 8.03 | 10.69 |
| Operating Profit | 4.77 | -0.39 | -9.61 | 13.66 | 6.43 | 0.34 | 12.96 | 2.66 | -1.02 | 1.35 |
| OPM % | 71.95 | -13.22 | -349.45 | 90.88 | 80.78 | 9.47 | 87.21 | 34.59 | -14.55 | 11.21 |
| Other Income | 0.02 | 0.55 | 0.56 | 0.47 | 0.01 | 0.01 | 0.03 | 0.02 | 0 | 0.05 |
| Interest | 0 | 0.03 | 0.02 | 0.01 | 0.04 | 0.03 | 0.01 | 0.04 | 0.03 | 0.03 |
| Depreciation | 0.05 | 0.14 | 0.13 | 0.13 | 0.15 | 0.14 | 0.17 | 0.21 | 0.2 | 0.2 |
| Profit before tax | 4.74 | -0.01 | -9.2 | 13.99 | 6.25 | 0.18 | 12.81 | 2.43 | -1.25 | 1.17 |
| Tax % | 2.53 | -6400 | -28.48 | 34.6 | 8.8 | -205.56 | 18.97 | -47.33 | -43.2 | — |
| Net Profit | 4.62 | 0.62 | -6.59 | 9.15 | 5.71 | 0.55 | 10.38 | 3.58 | -0.71 | 1.37 |
| EPS in Rs | 15.4 | 2.07 | -21.97 | 30.5 | 19.03 | 1.83 | 34.6 | 11.93 | -2.37 | 4.58 |
| Dividend Payout % | 25.97 | 0 | -9.1 | 9.84 | 15.76 | 109.09 | 11.56 | 25.14 | -105.63 | — |

### 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 35.74 | 39.09 | 38.32 | 30.72 | 39.23 | 44.05 | 43.68 | 53.51 | 55.85 | 54.23 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.04 | 1.42 | 1.8 | 1.97 | 2.4 | 2.72 | 2.26 | 3.21 | 2.58 | 2.59 |
| Total Liabilities | 39.78 | 43.51 | 43.12 | 35.69 | 44.63 | 49.77 | 48.94 | 59.72 | 61.43 | 59.82 |
| Fixed Assets | 0.71 | 0.67 | 0.82 | 0.69 | 0.57 | 0.81 | 0.67 | 0.67 | 0.91 | 0.72 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 35.89 | 33.4 | 34.11 | 26.12 | 38.01 | 39.98 | 45.76 | 52.21 | 54.37 | 48.46 |
| Other Assets | 3.18 | 9.44 | 8.19 | 8.88 | 6.05 | 8.98 | 2.51 | 6.84 | 6.15 | 10.64 |
| Total Assets | 39.78 | 43.51 | 43.12 | 35.69 | 44.63 | 49.77 | 48.94 | 59.72 | 61.43 | 59.82 |

### 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 | -1.1 | -3.96 | 1.88 | 0.79 | -2.96 | -0.19 | 1.24 | -3.27 | -3.29 | -5.88 |
| Cash from Investing Activity | 0.17 | 8.64 | 0.4 | -0.29 | 2.63 | 5.81 | -4.27 | 7.63 | 2.16 | 6.48 |
| Cash from Financing Activity | -0.95 | -1.01 | -1.19 | -0.87 | -0.71 | -1.06 | -1.12 | -0.86 | -1.4 | -1.06 |
| Net Cash Flow | -1.89 | 3.67 | 1.1 | -0.37 | -1.04 | 4.56 | -4.15 | 3.5 | -2.53 | -0.46 |
| Free Cash Flow | -1.1 | -3.97 | 1.88 | 0.79 | -2.97 | -0.2 | 1.24 | -3.42 | -3.3 | -5.89 |
| CFO/OP | -25 | -75 | -556 | -9 | -16 | 6 | 456 | -17 | -70 | 556 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 43.08 | 152.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 43.08 | 152.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 1.63 | 133.23 | -165.8 | -177.85 | -14.57 | -94.46 | -203.34 | -40.77 | -80.21 | -122.36 |
| ROCE % | 8.58 | 11.73 | 0.05 | -24.47 | 36.87 | 14.09 | 0.45 | 24.81 | 4.28 | -2.1 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 47% | 47% | 47% | 47% | 47% | 47% | 47% | 47% | 47% | 47% | 47% | 47% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 43.29% | 43.42% | 43.45% | 43.37% | 43.31% | 43.05% | 43.11% | 43.27% | 42.65% | 42.43% | 42.35% | 42.38% |
| Others | 9.67% | 9.55% | 9.51% | 9.6% | 9.66% | 9.92% | 9.86% | 9.7% | 10.32% | 10.53% | 10.62% | 10.59% |
| No. of Shareholders | 4428 | 5359 | 5111 | 5104 | 5201 | 5723 | 5684 | 5898 | 5674 | 5513 | 5464 | 5401 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 7 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 138.44 | Buy |
| EMA (10) | 140.26 | Sell |
| SMA (20) | 138.57 | Buy |
| EMA (20) | 139.5 | Sell |
| SMA (50) | 140.51 | Sell |
| EMA (50) | 140.31 | Sell |
| SMA (100) | 142.47 | Sell |
| EMA (100) | 142.24 | Sell |
| SMA (200) | 145.73 | Sell |
| EMA (200) | 150.36 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.67 | Neutral |
| MACD (12,26,9) | 0.35 | Buy |
| Stochastic (14,3,3) | 42.54 | Neutral |
| ADX (14) | 18.62 | Neutral |
| Williams %R (14) | -74.72 | Neutral |
| ATR (14) | 7.48 | High Volatility |
| ROC (12) | 1.98 | Buy |
| Stoch RSI (14) | 40.79 | Neutral |
| UO (7,14,28) | 38 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/LFIC_01092026113703_AGMNOTICE__1__merged.pdf) |
| 2026-08-27 | [Record Date](https://nsearchives.nseindia.com/corporate/LFIC_27082026134323_DIVIDEND.pdf) |
| 2026-08-27 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/LFIC_27082026133401_RECORDDATE.pdf) |
| 2026-08-13 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/LFIC_13082026104704_LFICNSEUFR30062026PAPEARCOPIES.pdf) |
| 2026-07-21 | [Reply to Clarification- Financial results](https://nsearchives.nseindia.com/corporate/LFIC_13072026154206_LFICOUTCOME-ocr.pdf) |
| 2026-07-07 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/LFIC_07072026113747_SEBI_LODR_Reg_74_5__Q1_Lakshmi.pdf) |
| 2026-06-25 | [Trading Window](https://nsearchives.nseindia.com/corporate/LFIC_25062026110659_LFICTW25062026.pdf) |
| 2026-06-17 | [General Updates](https://nsearchives.nseindia.com/corporate/LFIC_17062026123514_AUDIT_REPORT_-2025-26.pdf) |
| 2026-05-29 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/LFIC_29052026112557_LFICFINANCIALRESULTS31032026.pdf) |
| 2026-04-14 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/LFIC_14042026145408_LFICSEBIREG74.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LFIC_12082026145951_UFRPDF30062026.pdf) |
| 2026-05-28 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LFIC_28052026180703_LFIC_RESULTS-28052026.pdf) |
| 2026-02-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LFIC_11022026144904_LFICBMOUTCOME11022026__1_.pdf) |
| 2026-02-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LFIC_11022026143419_LFICBMOUTCOME11022026__1_.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LFIC_13112025153335_BM13112025UFR.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LFIC_13112025154030_BM13112025UFR.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 24 Jun - Exchange has sought clarification from Lakshmi Finance & Industrial Corporation Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) … | [Clarification - Financial Results 24 Jun - Exchange has sought clarification from Lakshmi Finance & Industrial Corporation Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) …](https://www.nseindia.com/get-quotes/equity?symbol=LFIC) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_30701_LFIC_2025_2026_A_1304445_27082026132341.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_28007_LFIC_2024_2025_A_1678555_01092025123834.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_24699_LFIC_2023_2024_29072024125613.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22319_LFIC_2022_2023_13072023153708_07132023160007.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21011_LFIC_2021_2022_01092022160228.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_18580_LFIC_2020_2021_02082021161814_03082021203959.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_16661_LFIC_2019_2020_05082020165818_05082020170004.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/AR_14930_LFIC_2018_2019_17072019141803_17072019150004.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/AR_12993_LFIC_2017_2018_11082018142031.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/AR_10917_LFIC_2016_2017_01082017142729.zip) |

---

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 2026-09-13T18:57:50.063Z.