LAKSELEC share price, P/E, ROE & financials

On 6 Nov 2026, Lakshmi Electrical Control Systems was priced at ₹810.00, or 56.5× trailing earnings, against an industry P/E of 30.0×, and the shares are 12% below their 52-week high. Its ROCE of 0.8% is the lowest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit fell 13% and 61% a year over 3 years. It has almost no debt, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹199 Cr, ranked 71st of 97 Electrical Equipment & Parts companies by market cap; the shares fell 3.9% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹821.00
Day high: ₹845.00
Day low: ₹798.00
Prev. close: ₹819.15
Volume: 1.8K

Health check

1 fair · 5 to check

ReturnsBehind
−3.9% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 56.5 vs industry 30.0.
GrowthShrinking
Sales −13.0%, profit −60.9% a year over 3 years.
ProfitabilityWeak
ROCE 0.8% vs peer median 22.1%.
Balance sheetFair
Practically debt-free, Piotroski 6 of 9.
Red flags2 to check
Return on equity is low at 1.2%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹199 Cr, #71 of 97 in its industry by size.

Defensive

Beta 0.53 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹287 Cr · profit ₹4 Cr

Market cap: ₹199 Cr; Small cap
P/E: 56.5; Industry 30.0
Price to book: 0.67; Peers 7.24
Dividend yield: 0.37%
ROE: 1.2%; Peers 18.0%
ROCE: 0.8%; Peers 22.1%
Debt to equity: 0.05; Debt ₹14 Cr
EPS (TTM): ₹14.34
OPM (TTM): 1.6%; Net margin 1.2%
Sales growth: +61.7%; Latest quarter vs a year ago
Profit growth: +495.3%; Latest quarter vs a year ago
Price to sales: 0.69; EV/EBITDA 38.6

Strengths

Practically debt-free.
Quarterly profit up 495.3% on a year ago.
Quarterly sales up 61.7% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 1.2%.
P/E of 56.5 against an industry P/E of 30.0.

Derived automatically from reported figures. Not a recommendation.

About Lakshmi Electrical Control Systems

Lakshmi Electrical Control Systems Limited manufactures and sells control panels and plastic components in India and internationally. The company operates through three segments: Electricals, Plastics, and Wind Power Generation. It offers control panels, electric vehicles chargers, and components for textile machinery and automobiles, as well as commercial tool rooms and smart energy meters. The company serves railways and metro, power and transmission,…

Headquarters: Coimbatore
Employees: 202
Sector: Industrials
ISIN: INE284C01018
Website: lecsindia.com

Price range

52 weeks

₹646.10₹919.00

Today

₹798.00₹845.00

Avg volume (3M): 1.8K
1-year return: minus 3.9%
From 52-week high: minus 11.9%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
LAKSELECLakshmi Electrical Control Systems	810.00	minus 1.12%	199	56.5	2.8	0.8%	0.3%	0.05	−13.0%	minus 3.9%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
58.3	58.4	68.5	65.9	94.3
57.9	59.5	67.1	65.7	90.3
0.4	−1.1	1.4	0.2	4
0.8%	−2.0%	2.0%	0.3%	4.3%
1.2	1.2	1.3	1.8	0.8
0.2	0.3	0.2	0.3	0.3
0.9	0.9	0.9	0.9	0.9
–	−0	–	–	–
0.5	−1.2	1.5	0.8	3.6
7.7%	8.4%	20.7%	32.8%	20.4%
0.5	−1.1	1.2	0.5	2.9
1.96	-4.29	4.83	2.11	11.69

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −13.0%
Profit CAGR 3Y: −60.9%
EPS CAGR 3Y: −60.9%
ROE: 1.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
360	338	212	237
–	minus 6.3%	minus 37.2%	+11.9%
333	322	207	231
27.1	15.9	4.8	6
7.5%	4.7%	2.3%	2.5%
1.4	2.2	2.4	−2
0.5	0.5	0.5	0.8
2.5	3.1	3.7	3.7
1.7	4.4	2.7	2
27.2	18.9	5.7	1.4
26.7%	26.2%	39.6%	17.3%
19.9	14	3.5	1.2
–	minus 29.9%	minus 75.1%	minus 65.8%
81.07	56.79	14.12	4.83

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.5	2.5	2.5	2.5
230	279	283	253
7.6	6.7	10.2	14.4
70.4	48.9	57.4	78.3
310	337	353	348
47.9	41.1	46.1	47.9
11.6	11.1	8.4	12.8
130	177	186	148
5	10.3	10.7	15.9
116	97.3	102	123
310	337	353	348

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
11.1	15.6	5.4	3.7
−8.3	−8.8	−4.7	−6.1
−2.8	−6.9	−0.7	2.4
−0	−0	−0	0
−17.3	−8.9	−8.5	−5.2
−6.3	6.7	−3.1	−1.5
−3.7	−5.4	−3.7	−1

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you