LAPL Automotive (BSE: LAPL) had a P/E of 16.2× on 6 Nov 2026, below the industry P/E of 25.6×, and the shares are 20% below their 52-week high. Sales and net profit grew 16% and 63% a year over 3 years; its ROCE of 46% is the highest among the 7 largest Auto Parts peers. Debt is 0.86× equity. It is listed on an SME platform with a market cap of ₹140 Cr, ranked 115th of 140 Auto Parts companies by market cap; the shares fell 13% over the past year.
- ₹111.20
- ₹113.40
- ₹110.00
- ₹114.25
- 12K
Health check
- ReturnsBehind
−13.0% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 16.2 vs industry 25.6.
- GrowthStrong
Sales +15.7%, profit +63.3% a year over 3 years.
- ProfitabilityStrong
ROCE 45.9% vs peer median 15.6%.
- Balance sheetFair
Debt 0.86× equity, interest covered 8.4×, Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹140 Cr
- Small cap
- P/E
- 16.2
- Industry 25.6
- Price to book
- 3.89
- Peers 8.75
- Dividend yield
- 0.00%
- ROE
- 41.2%
- Peers 12.3%
- ROCE
- 45.9%
- Peers 15.6%
- Debt to equity
- 0.86
- Debt ₹22 Cr
- EPS (TTM)
- ₹6.88
- OPM (TTM)
- 14.7%
- Net margin 9.3%
- Sales growth
- +81.5%
- Latest quarter vs a year ago
- Profit growth
- +81.9%
- Latest quarter vs a year ago
- Price to sales
- 1.50
- EV/EBITDA 7.8
Strengths and risks
Strengths
- Return on equity of 41.2%.
- Return on capital employed of 45.9%.
- Quarterly profit up 81.9% on a year ago.
- Quarterly sales up 81.5% on a year ago.
- P/E of 16.2 against an industry P/E of 25.6.
About LAPL Automotive
LAPL Automotive Limited designs, manufactures, and supplies a range of automotive components and accessories under the LAPL brand. Its Lighting segment provides tail lamps, front and rear indicators, reflex reflectors, head lamps, stop lamps, position lamps, reverse lamps, roof lamps, utility lamps, and side lamps. The Mirror segment offers rear view mirrors. The Motor segment includes starter motors, wiper motors, rotors, and magnetos. The Other…
- Headquarters
- Aurangabad
- Employees
- 73
- Sector
- Consumer Cyclical
- ISIN
- INE0X9I01023
- Website
- laplautomotive.com
Price range
- Avg volume (3M)
- 1.1 L
- 1-year return
- minus 13.0%
- From 52-week high
- minus 19.7%
Peers · Auto Parts
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTHERSONSamvardhana Motherson International | 158.55 | minus 5.62% | 1,68,549 | 35.4 | 3.70 | 11.5% | 10.2% | 9.6% | 17.1% | 37.2% | 0.32% | plus 60.8% |
| BOSCHLTDBosch | 50,700.00 | minus 3.38% | 1,49,545 | 54.2 | 19.50 | 24.2% | 19.4% | 13.4% | 10.3% | 24.8% | 0.53% | plus 38.6% |
| UNOMINDAUNO Minda | 1,326.00 | minus 0.67% | 76,572 | 58.1 | 11.21 | 20.5% | 19.1% | 11.0% | 20.5% | 22.3% | 0.22% | plus 6.6% |
| SONACOMSSona BLW Precision Forgings | 900.00 | minus 1.67% | 56,266 | 75.0 | 8.75 | 13.2% | 11.9% | 23.2% | 18.8% | 17.4% | 0.40% | plus 89.2% |
| SCHAEFFLERSchaeffler India | 3,519.70 | minus 1.17% | 55,014 | 41.9 | 8.97 | 25.7% | 20.2% | 17.9% | 12.3% | 9.4% | 0.99% | minus 13.9% |
| MRFMRF | 1,25,295.00 | minus 0.50% | 53,139 | 22.0 | 2.53 | 15.6% | 12.3% | 15.1% | 10.6% | 46.7% | 0.19% | minus 20.3% |
| BALKRISINDBalkrishna Industries | 2,410.00 | plus 0.34% | 46,589 | 32.7 | 4.25 | 13.8% | 11.6% | 21.1% | 3.6% | 5.5% | 0.71% | plus 1.6% |
| LAPLLAPL Automotive | 111.65 | minus 2.28% | 140 | 16.2 | 3.89 | 45.9% | 41.2% | 14.7% | 15.7% | 63.3% | 0.00% | minus 13.0% |
| Median of 7 peers | – | −1.17% | 56,266 | 41.9 | 8.75 | 15.6% | 12.3% | 15.1% | 12.3% | 22.3% | 0.40% | 6.6% |
Quarterly results
| ₹ Cr | Mar 25 | Mar 26 |
|---|---|---|
| 17.3 | 31.3 | |
| 13.8 | 26 | |
| 3.4 | 5.3 | |
| 19.9% | 17.0% | |
| 0.1 | −0.1 | |
| 0.7 | 0.5 | |
| 0.6 | 0.7 | |
| 2.2 | 4.1 | |
| 24.6% | 26.4% | |
| 1.6 | 3 |
Profit & loss
- Sales CAGR 3Y
- +15.7%
- Profit CAGR 3Y
- +63.3%
- ROE
- 41.2%
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| – | 59.9 | 60.6 | 65.8 | 92.9 | |
| – | – | +1.2% | +8.5% | +41.2% | |
| – | 56.8 | 55.5 | 55.9 | 77.1 | |
| – | 3.1 | 5.2 | 9.9 | 15.8 | |
| – | 5.2% | 8.5% | 15.0% | 17.1% | |
| – | −0 | 0.2 | 0.1 | −0.1 | |
| – | 0.6 | 0.9 | 1.3 | 1.6 | |
| – | 1.3 | 1.4 | 1.7 | 2.5 | |
| 1 | 1.6 | – | – | – | |
| – | 2.8 | 3.1 | 6.9 | 11.7 | |
| – | 29.4% | 30.4% | 26.7% | 26.1% | |
| – | 2 | 2.2 | 5 | 8.6 | |
| – | – | +9.8% | +131.6% | +71.4% | |
| 1.01 | 1.58 | 1.73 | 4.02 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.2 | 3.2 | 8.8 | 8.8 | |
| 6.2 | 8.4 | 7.8 | 16.5 | |
| 7.8 | 13.4 | 15.8 | 21 | |
| 7.9 | 7.8 | 11.9 | 16.4 | |
| 25.1 | 32.8 | 44.3 | 62.7 | |
| 5.8 | 16.5 | 21 | 24.2 | |
| – | 6.7 | 0.7 | 1.6 | |
| – | – | – | 0 | |
| 2.4 | 2.5 | 0.1 | 0.2 | |
| 16.9 | 7.1 | 22.6 | 36.7 | |
| 25.1 | 32.8 | 44.3 | 62.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.2 | 3.5 | 2.6 | 2 | |
| −3.4 | −8.4 | −6.5 | −5.8 | |
| 3.6 | 5 | 1.4 | 3.9 | |
| 2.3 | 0.1 | −2.4 | 0.1 | |
| −4.7 | −8.7 | −6.5 | −5.8 | |
| −2.5 | −5.2 | −3.9 | −3.8 |
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
Filings & events
News
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