FOCUS
Focus Lighting and Fixtures financials
- Market cap
- ₹417 Cr
- Sector
- Consumer Durables
What Focus Lighting and Fixtures Limited does
Focus Lighting and Fixtures Limited designs, manufactures and markets LED lighting fixtures and luminaires across four verticals — retail/architectural lighting, home lighting, infrastructure lighting and railway lighting. It develops proprietary optics (reflectors and lenses, including a technical partnership with Bartenbach GmbH) and IoT-enabled smart-lighting controls via a partnership branded L&B, manufacturing at integrated facilities in Mumbai and Ahmedabad. The company runs an in-house, NABL-accredited testing laboratory and holds international product-safety certifications, supporting an export presence in Singapore, the UAE, the Middle East and Italy.
Segments
- Retail Lighting
- Home Lighting
- Infrastructure Lighting
- Railways
- Manufacturing facilities
- 2 — integrated assembly & R&D unit (Mumbai) and state-of-the-art factory (Ahmedabad)
- Permanent employees
- 166 (FY24)
- Business verticals
- 4 (Retail Lighting, Home Lighting, Infrastructure Lighting, Railways)
- Core luminaire product families
- 9+ (Array Pro, Dione Cove, Elite, EOS, Hyperway, Ilios, Magnus, NIX, Perdu)
- International presence
- Offices/operations in Singapore & UAE; export operations to the Middle East and Italy (via Dubai office)
- In-house testing lab
- NABL-accredited (ISO/IEC 17025:2017) Focus Testing Laboratory, Ahmedabad — photometry & electrical testing of luminaires and control gear
Quarterly results
Q1 FY27: revenue up 17.9%, net profit up 32.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 45 | 42 | 42 | 41 | 49 +7% | 38 −9% | 60 +44% | 49 +18% |
| EBITDA | 8 | 3 | 4 | 4 | 4 −46% | 1 −58% | 6 +59% | 6 +45% |
| Net profit | 5 | -0 | 1 | 2 | 2 −65% | -1 −6900% | 3 +113% | 3 +33% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −36.7% 1Y
1Y: ₹97.65 on 10 Sept 2025 → ₹61.84. High ₹97.65 (10 Sept 2025), low ₹58.15 (30 Mar 2026).
Financials, as filed
Revenue grew 3.7% a year over 3 years, FY23 to FY26. Operating margin narrowed to 8.4%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹169 Cr | ₹224 Cr | ₹183 Cr | ₹188 Cr |
| Operating profit | ₹34 Cr | ₹46 Cr | ₹26 Cr | ₹16 Cr |
| Operating margin | 19.9% | 20.7% | 14.3% | 8.4% |
| Interest | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹4 Cr | ₹7 Cr | ₹8 Cr | ₹10 Cr |
| Net profit | ₹23 Cr | ₹39 Cr | ₹15 Cr | ₹5 Cr |
| Net margin | 13.6% | 17.3% | 8.3% | 2.7% |
| Cash from operations | ₹-14 Cr | ₹6 Cr | ₹32 Cr | ₹26 Cr |
| Free cash flow | ₹-24 Cr | ₹-19 Cr | ₹5 Cr | ₹6 Cr |
| ROCE | 46.0% | 39.0% | 14.0% | 6.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr |
| Reserves | ₹21 Cr | ₹25 Cr | ₹77 Cr | ₹115 Cr | ₹131 Cr | ₹133 Cr |
| Borrowings | ₹5 Cr | ₹3 Cr | ₹3 Cr | ₹13 Cr | ₹13 Cr | ₹20 Cr |
| Other liabilities | ₹26 Cr | ₹42 Cr | ₹35 Cr | ₹49 Cr | ₹53 Cr | ₹48 Cr |
| Total liabilities | ₹62 Cr | ₹80 Cr | ₹128 Cr | ₹190 Cr | ₹210 Cr | ₹214 Cr |
| Fixed assets | ₹15 Cr | ₹15 Cr | ₹21 Cr | ₹21 Cr | ₹36 Cr | ₹38 Cr |
| Capital work in progress | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹19 Cr | ₹28 Cr | ₹32 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹11 Cr | ₹6 Cr | ₹3 Cr | ₹4 Cr |
| Other assets | ₹46 Cr | ₹64 Cr | ₹95 Cr | ₹144 Cr | ₹144 Cr | ₹141 Cr |
| Total assets | ₹62 Cr | ₹80 Cr | ₹128 Cr | ₹190 Cr | ₹210 Cr | ₹214 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, others trimmed −0.45 pp while the public added +0.36 pp. The shareholder count shrank 16% to 20,510.
- Promoters
- 55.4%
- FIIs
- 0.0%
- Public
- 44.4%
- Others
- 0.1%
Since Jun 2025
- Others −0.45 pp
- Public +0.36 pp
- Promoters +0.14 pp
How it drifted, 12 quarters
Over this window promoters fell from 56.8% to 55.4% — −1.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 56.8%, Public 43.2%.Dec '23: Promoters 56.1%, Public 42.7%.Mar '24: Promoters 56.1%, FIIs 0.0%, Public 43.4%.Jun '24: Promoters 56.1%, FIIs 0.5%, Public 42.9%.Sep '24: Promoters 55.3%, FIIs 0.8%, Public 42.4%, Others 1.5%.Dec '24: Promoters 55.3%, FIIs 0.2%, Public 43.7%, Others 0.8%.Mar '25: Promoters 55.3%, FIIs 0.4%, Public 43.5%, Others 0.8%.Jun '25: Promoters 55.3%, FIIs 0.1%, Public 44.0%, Others 0.6%.Sep '25: Promoters 55.3%, Public 44.5%, Others 0.2%.Dec '25: Promoters 55.3%, FIIs 0.0%, Public 44.4%, Others 0.3%.Mar '26: Promoters 55.4%, Public 44.3%, Others 0.3%.Jun '26: Promoters 55.4%, FIIs 0.0%, Public 44.4%, Others 0.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Hitesha A Bhalodia +0.34 pp 2.66% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Focus Lighting and Fixtures Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Amit Vinod Sheth | 51.05% | unchanged |
| Sri Jay Pharma Exim Llp | 4.38% | unchanged |
| Hitesha A Bhalodia | 2.66% | +0.34 pp |
| Mukesh Sharma | 1.34% | unchanged |
| Anil Narsinhbhai Patel | 1.28% | unchanged |
| Key Managerial Personnel | 0.15% | unchanged |
| Dhun Amit Sheth | 0.00% | unchanged |
| Bela Turakhia | 0.00% | unchanged |
| Foram Thanawala | 0.00% | unchanged |
| Jigar Ghelani | 0.00% | unchanged |
| Bhavna Bharat Ghelani | 0.00% | unchanged |
| Khushi Amit Sheth | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Focus Lighting and Fixtures Limited
Guides on how to read this kind of business and the numbers that matter.