Latteys Industries share price, P/E, ROE & financials

Latteys Industries (LATTEYS) had a P/E of 29.8× on 6 Nov 2026, below the industry P/E of 33.8×, and the shares are 38% below their 52-week high. It earns ROCE of 20% and ROE of 19%, and sales and net profit grew 31% and 39% a year over 3 years. Debt is 1.37× equity. It is a small-cap company with a market cap of ₹106 Cr, ranked 109th of 138 Specialty Industrial Machinery companies by market cap; the shares fell 35% over the past year.

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

past year

Open: ₹18.50
Day high: ₹19.62
Day low: ₹17.25
Prev. close: ₹18.96
Volume: 88.4K

Health check

1 good · 2 fair · 3 to check

ReturnsBehind
−34.6% over a year, better than 1 of 7 peers.
Price tagIn line
P/E 29.8 vs industry 33.8.
GrowthStrong
Sales +30.6%, profit +38.8% a year over 3 years.
ProfitabilityAverage
ROCE 20.4% vs peer median 24.8%.
Balance sheetStretched
Debt 1.37× equity, interest covered 5.8×, Piotroski 3 of 9.
Red flags1 to check
38% below its 52-week high.

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

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹106 Cr, #109 of 138 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Mar 2026: sales ₹147 Cr · profit ₹4 Cr

Market cap: ₹106 Cr; Small cap
P/E: 29.8; Industry 33.8
Price to book: 4.11; Peers 9.16
Dividend yield: 0.00%
ROE: 18.8%; Peers 19.1%
ROCE: 20.4%; Peers 24.8%
Debt to equity: 1.37; Debt ₹36 Cr
EPS (TTM): ₹0.62; Face value ₹2
OPM (TTM): 5.6%; Net margin 3.0%
Sales growth: +59.2%; Latest quarter vs a year ago
Profit growth: +182.2%; Latest quarter vs a year ago
Price to sales: 0.72; EV/EBITDA 16.0

Strengths

Return on equity of 18.8%.
Return on capital employed of 20.4%.
Quarterly profit up 182.2% on a year ago.
Quarterly sales up 59.2% on a year ago.

Risks to check

38% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Latteys Industries

Latteys Industries Limited manufactures and sells water pumping solutions in India. The company offers borewell submersible pumps, including cast iron, engineered plastic, and stainless-steel submersible pumps; vertical and horizontal open well submersible pumps; sewage pumps; centrifugal monoblock and regenerative pumps; self-priming pumps; shallow well, and solar water pumping systems.It also provides LED lights, such as home, street, and road lighting…

Headquarters: Ahmedabad
Employees: 176
Sector: Industrials
ISIN: INE262Z01023
Website: latteysindustries.com

Price range

52 weeks

₹15.79₹29.86

Today

₹17.25₹19.62

Avg volume (3M): 62.6K
1-year return: minus 34.6%
From 52-week high: minus 38.2%

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
BHELBharat Heavy Electricals	418.80	plus 0.17%	1,45,829	50.6	74.6	6.6%	10.1%	0.22	13.5%	plus 56.4%
ABBABB India	6,774.00	plus 2.20%	1,43,547	92.3	68.2	28.5%	13.8%	0.02	15.4%	plus 26.4%
SIEMENSSiemens	3,560.00	plus 3.73%	1,26,779	86.1	59.3	16.5%	10.4%	0.02	3.0%	plus 10.0%
CUMMINSINDCummins India	4,048.80	minus 0.25%	1,12,233	49.8	41.7	35.0%	19.1%	0.00	16.1%	minus 6.0%
GVT&DGE Vernova T&D India	4,018.00	minus 3.06%	1,02,879	71.3	56.6	58.5%	26.5%	0.01	31.1%	plus 31.7%
SUZLONSuzlon Energy	38.80	plus 0.54%	53,337	23.7	17.3	24.8%	16.7%	0.07	41.4%	minus 35.7%
AIAENGAIA Engineering	3,113.60	minus 2.77%	29,056	23.5	19.6	19.9%	27.4%	0.00	−3.4%	minus 3.9%
LATTEYSLatteys Industries	18.45	minus 2.69%	106	29.8	15.0	20.4%	5.5%	0.91	30.6%	minus 34.6%
Median of 7 peers	–	0.17%	1,12,233	50.6	56.6	24.8%	16.7%	0.02	15.4%	10.0%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26

SalesSelect a row below to chart it

Mar 25	Jun 25	Sep 25	Dec 25	Mar 26
24.4	23.6	20.5	33.9	38.9
23.3	22.3	19.4	32	36.5
1.1	1.2	1.1	1.9	2.4
4.5%	5.2%	5.1%	5.6%	6.1%
0.1	0	0	0	0
0.2	0.2	0.2	0.3	0.6
0.2	0.2	0.1	0.1	0.1
–	–	–	−0.1	–
0.8	0.9	0.8	1.4	1.7
39.9%	27.2%	23.7%	33.8%	18.3%
0.5	0.7	0.6	0.9	1.4
0.09	0.11	0.10	0.16	0.24

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +30.6%
Profit CAGR 3Y: +38.8%
ROE: 18.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
52.5	63.5	80.2	117
–	+21.0%	+26.3%	+45.7%
48.8	58.5	75.4	111
3.6	5	4.8	6.3
6.9%	7.8%	6.0%	5.4%
0.4	0	−0	2
1	1.4	1.3	1
1.2	1.4	0.6	0.5
−0	−0.2	−0.4	−2
1.8	2	2.6	4.8
26.8%	26.4%	29.5%	25.3%
1.3	1.5	1.8	3.6
–	+12.5%	+21.0%	+96.8%
0.23	0.26	0.31	–

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
11.5	11.5	11.5	11.5
5.4	6.9	8.8	12.4
12.4	16.9	8.8	21.8
14.6	13.5	17.1	36.9
43.9	48.8	46.3	82.6
6.5	8.9	8.8	8.7
0.3	0.3	0.2	0.6
0.5	0.1	0.3	0.6
36.6	39.6	36.9	72.7
43.9	48.8	46.3	82.6

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3.3	0.6	10.1	−11.2
−2.1	−3.4	−0.5	−0.5
−1.3	2.8	−9.7	11.7
−0.1	0	−0	0
−2	−3.8	−0.6	−0.6
1.3	−3.2	9.5	−11.8

Shareholding pattern

Source: NSE filings

70.4%

promoters

Promoters70.42%
Public29.58%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	70.42%	29.58%	0.00
30 Jun 2026	70.42%	29.58%	0.00
31 Mar 2026	70.42%	29.58%	0.00
31 Dec 2025	70.42%	29.58%	0.00
30 Sep 2025	70.42%	29.58%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you