As of 6 Nov 2026, Focus Lighting and Fixtures trades at 74.6× trailing earnings, above the industry P/E of 30.6×, and the shares are 42% below their 52-week high. It earns ROCE of 5.4% and ROE of 3.5%, and sales grew 3.7% a year over 3 years while net profit fell 40%. Debt is 0.14× equity. It is a small-cap company with a market cap of ₹381 Cr, ranked 32nd of 54 Furnishings, Fixtures & Appliances companies by market cap; the shares fell 30% over the past year.
- ₹58.00
- ₹58.00
- ₹56.00
- ₹58.20
- 13.4K
Health check
- ReturnsIn line
−30.4% over a year, better than 3 of 7 peers.
- Price tagPricier
P/E 74.6 vs industry 30.6.
- GrowthSlow
Sales +3.7%, profit −39.7% a year over 3 years.
- ProfitabilityWeak
ROCE 5.4% vs peer median 9.0%.
- Balance sheetFair
Debt 0.14× equity, interest covered 8.8×, Piotroski 4 of 9.
- Red flags3 to check
Return on equity is low at 3.5%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹381 Cr
- Small cap
- P/E
- 74.6
- Industry 30.6
- Price to book
- 2.24
- Peers 4.21
- Dividend yield
- 0.00%
- ROE
- 3.5%
- Peers 5.8%
- ROCE
- 5.4%
- Peers 9.0%
- Debt to equity
- 0.14
- Debt ₹21 Cr
- EPS (TTM)
- ₹0.76
- Face value ₹2
- OPM (TTM)
- 6.4%
- Net margin 3.4%
- Sales growth
- +44.3%
- Latest quarter vs a year ago
- Profit growth
- +121.5%
- Latest quarter vs a year ago
- Price to sales
- 1.85
- EV/EBITDA 19.5
Strengths and risks
Strengths
- Quarterly profit up 121.5% on a year ago.
- Quarterly sales up 44.3% on a year ago.
Risks to check
- Return on equity is low at 3.5%.
- P/E of 74.6 against an industry P/E of 30.6.
- 42% below its 52-week high.
About Focus Lighting and Fixtures
Focus Lighting and Fixtures Limited, together with its subsidiaries, manufactures and deals in LED lighting, fixtures, and lighting solutions in India and internationally. The company offers retail, home, infrastructure, and railways lighting products under the Plus Light Tech, TRIX, and Lumens & Beyond brand names. It exports its products. The company was incorporated in 2005 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Employees
- 214
- Sector
- Consumer Cyclical
- ISIN
- INE593W01028
- Website
- focuslightingandfixtures.com
Price range
- Avg volume (3M)
- 36.2K
- 1-year return
- minus 30.4%
- From 52-week high
- minus 41.5%
Peers · Furnishings, Fixtures & Appliances
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VOLTASVoltas | 1,099.00 | minus 1.47% | 36,364 | 77.8 | 5.39 | 9.3% | 5.8% | 4.9% | 14.5% | 40.7% | 0.36% | minus 17.9% |
| AMBERAmber Enterprises India | 6,403.00 | minus 2.76% | 22,582 | 236.1 | 5.15 | 7.2% | 5.3% | 7.2% | 20.7% | 4.2% | 0.00% | minus 15.5% |
| CROMPTONCrompton Greaves Consumer Electricals | 215.66 | plus 4.42% | 13,887 | – | 4.59 | −1.5% | −4.4% | 10.3% | 5.6% | – | 1.39% | minus 27.1% |
| WHIRLPOOLWhirlpool of India | 826.70 | plus 0.44% | 10,493 | 41.8 | 2.52 | 9.0% | 7.2% | 6.2% | 6.4% | 10.3% | 0.60% | minus 40.1% |
| TTKPRESTIGTTK Prestige | 608.75 | plus 10.47% | 8,338 | 43.1 | 4.21 | 10.8% | 8.3% | 8.8% | 2.3% | −14.2% | 1.23% | minus 17.6% |
| CELLOCello World | 363.75 | minus 2.27% | 8,204 | 26.4 | 2.91 | 16.1% | 13.0% | 19.9% | 9.2% | 7.6% | 0.41% | minus 41.6% |
| EUREKAFORBEureka Forbes | 366.20 | plus 4.27% | 7,092 | 37.1 | 1.54 | 4.0% | 3.6% | 11.5% | 9.0% | 83.1% | 0.00% | minus 35.1% |
| FOCUSFocus Lighting and Fixtures | 56.72 | minus 2.54% | 381 | 74.6 | 2.24 | 5.4% | 3.5% | 7.2% | 3.7% | −39.7% | 0.00% | minus 30.4% |
| Median of 7 peers | – | 0.44% | 10,493 | 42.5 | 4.21 | 9.0% | 5.8% | 8.8% | 9.0% | 8.9% | 0.41% | −27.1% |
Quarterly results
| ₹ Cr | Mar 25 | Sep 25 | Mar 26 |
|---|---|---|---|
| 41.5 | 48.8 | 59.9 | |
| 37.7 | 44.5 | 53.8 | |
| 3.9 | 4.3 | 6.1 | |
| 9.3% | 8.8% | 10.2% | |
| 0.3 | 0.6 | 0.9 | |
| 0.4 | 0.2 | 0.6 | |
| 2.7 | 2.4 | 2.8 | |
| 1.1 | 2.3 | 3.6 | |
| −14.0% | 25.7% | 28.1% | |
| 1.2 | 1.7 | 2.6 | |
| 0.16 | 0.25 | 0.39 |
Profit & loss
- Sales CAGR 3Y
- +3.7%
- Profit CAGR 3Y
- −39.7%
- ROE
- 3.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 169 | 224 | 183 | 188 | |
| – | +32.8% | minus 18.1% | +2.4% | |
| 294 | 176 | 157 | 171 | |
| −126 | 48.2 | 26 | 16.6 | |
| −74.6% | 21.5% | 14.2% | 8.8% | |
| 161 | 6.2 | 2.8 | 2.4 | |
| 0.8 | 1.2 | 0.7 | 1 | |
| 4.6 | 5.8 | 8.1 | 9.8 | |
| −0.4 | −2.6 | −0.1 | −0.6 | |
| 29.2 | 44.7 | 20 | 7.6 | |
| 22.4% | 13.4% | 24.1% | 33.1% | |
| 23.2 | 39.2 | 15.2 | 5.1 | |
| – | +69.1% | minus 61.2% | minus 66.6% | |
| 16.77 | 5.90 | 2.22 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.1 | 13.2 | 13.3 | 13.4 | |
| 76.9 | 115 | 127 | 133 | |
| 8.1 | 15.7 | 19.8 | 20.9 | |
| 29.7 | 45.9 | 41.6 | 47 | |
| 128 | 190 | 202 | 214 | |
| 22.3 | 40.6 | 60.3 | 69.6 | |
| 2 | 19.1 | 21.9 | 31.5 | |
| 10.5 | 5.6 | 3.3 | 3.5 | |
| 7.4 | 2.6 | 5.7 | 9.6 | |
| 85.6 | 122 | 110 | 100 | |
| 128 | 190 | 202 | 214 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −13.8 | 5.2 | 32.4 | 25.9 | |
| −9.8 | −19.8 | −25.4 | −19.6 | |
| 30.3 | 9 | −3.9 | −2.3 | |
| 6.7 | −5.6 | 3.1 | 3.9 | |
| −9.9 | −24.8 | −27.8 | −19.5 | |
| −23.7 | −19.6 | 4.6 | 6.4 | |
| – | −2 | −3.3 | −0 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.