Latteys Industries share price & results
- Mar 2026
- Jun 2026
Ahmedabad-based manufacturer of submersible, solar and self-priming water pumps and motors for agriculture, domestic and industrial use, sold via dealers/retailers across India and exported to Asia and the UAE.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 38.9 | +59.2% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 6.1 | +1.6 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.4 | +183.7% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | 15.87 | +7.8 pts | Trailing twelve months | TTM to Mar 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -9.77 | −21.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 45.63 | +19.3 pts | Trailing twelve months | TTM to Mar 2026 | Revenue change against the same period one year earlier. |
Price
Performance −40.7% 1Y
1Y: ₹32.54 on 24 Oct 2025 → ₹19.31. High ₹32.54 (24 Oct 2025), low ₹15.8 (30 Mar 2026).
- Previous close
- ₹19.24
- Market cap
- ₹117 Cr
- 52-week range
- ₹15.8 – ₹29.46
- One year
- −34.05%
- Price to earnings (TTM to Mar 2026)
- 32.77×
- Return on equity (TTM to Mar 2026)
- 15.87%
Overview
- Symbol
- NSE:LATTEYS
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Latteys Industries Limited does
Based on the company's own presentations, annual report and earnings calls.
Latteys Industries Limited manufactures submersible pumps (borewell and openwell), centrifugal monoblock pumps, self-priming pumps, shallow well pumps and solar water pumping systems used for irrigation, rural water supply and household needs, including under government solar schemes like PM-KUSUM. Products are made at a single manufacturing facility in GIDC Naroda, Ahmedabad, and sold through a network of dealers and retailers spread across several Indian states, alongside branch offices in other states. The company also makes electric induction motors and stainless-steel pump sets aimed at international markets, and runs an in-house R&D division focused on pump efficiency.
Segments
- Solar
- Agriculture
- Domestic
- Sewage
- Manufacturing facility
- 1 unit at GIDC Naroda, Ahmedabad, >1,50,000 sq. ft. built-up area
- Production capacity
- ~180,000 pumps/year
- Dealer & retailer network
- 1,200+ dealers and 1,200+ retailers
- Branch offices
- 8 (Delhi, Indore, Ranchi, Patna, Pune, Kanpur, Jaipur, Odisha)
- States of manufacturer registration
- Gujarat, MP, UP, Maharashtra, Rajasthan, AP, Haryana, Bihar
- BEE 5-star rated pump models
- 260+
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 4 fiscal years held (Mar 2023 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +184% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 20 | 19 | 17 | 24 | 24 | 20 | 34 | 39 |
| Expenses | 19 | 17 | 17 | 23 | 22 | 19 | 32 | 37 |
| Operating profit | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Operating margin | 5.7% | 7.6% | 4.5% | 4.5% | 5.2% | 5.1% | 5.6% | 6.1% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 2 |
| Tax rate | 25.5% | 25.5% | 20.7% | 40.2% | 26.7% | 24.0% | 33.3% | 18.2% |
| Net profit | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
| EPS (₹ per share) | 0.07 | 0.12 | 0.04 | 0.09 | 0.11 | 0.10 | 0.16 | 0.24 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 64 | 80 | 117 |
| Expenses | 59 | 76 | 110 |
| Operating profit | 5 | 4 | 7 |
| Other income | 0 | 0 | -0 |
| Interest | 2 | 2 | 1 |
| Depreciation | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 5 |
| Net profit | 1 | 2 | 4 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 12 | 12 | 12 | 12 | 12 |
| Reserves | 5 | 7 | 9 | 10 | 12 |
| Borrowings | 12 | 17 | 9 | 8 | 22 |
| Other liabilities | 15 | 13 | 17 | 23 | 37 |
| Total liabilities | 44 | 49 | 46 | 53 | 83 |
| Fixed assets | 7 | 9 | 9 | 9 | 9 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other assets | 37 | 40 | 37 | 44 | 74 |
| Total assets | 44 | 49 | 46 | 53 | 83 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from operations | 3 | 1 | 10 | -11 |
| Cash from investing | -2 | -3 | 0 | 0 |
| Cash from financing | -1 | 3 | -10 | 12 |
| Net cash flow | 0 | 0 | 0 | 0 |
| Free cash flow | 1 | -3 | 10 | -12 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor days | 88 | 96 | 94 | 138 |
| Inventory days | 187 | 170 | 86 | 94 |
| Days payable | 115 | 85 | 74 | 105 |
| Cash conversion cycle | 160 | 180 | 106 | 126 |
| Working capital days | 72 | 52 | 57 | 54 |
| Return on capital employed | — | 12.0% | 13.0% | 16.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% |
What the price assumes
AttractiveTo justify its price of ₹19, this stock must grow earnings at 21% every year for 7 years. Our analysis caps realistic growth at ~53%. At that growth it is worth ₹87 — upside of 350%.
- Growth the price implies
- 21.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 54.8% a year
- net profit, FY24–FY26 · EPS 53.2%
- The gap
- -0.3 pp
- 350% downside if it only repeats history
Ownership
Who owns it
Promoters hold 74.37% as of Jun 2026.
- Promoters 74.37%
- Public 25.63%
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.
- +3.56 pp 66.96% held
- +0.16 pp 2.89% held
- +0.13 pp 2.34% held
- +0.07 pp 1.20% 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 Latteys Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 66.96% | +3.56 pp | |
| 2.89% | +0.16 pp | |
| 2.34% | +0.13 pp | |
| 1.20% | +0.07 pp | |
| 0.40% | unchanged | |
| 0.30% | unchanged | |
| 0.30% | 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.
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