LATTEYS · Latteys Industries Ltd · Misc. Capital Goods
LATTEYS · Latteys Industries Ltd · Misc. Capital Goods
As of 06 Nov close
52-week range
39.2% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹39 Cr
Revenue YoY
PAT YoY
+92.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
5.1
P/S (TTM)
1
Sector P/E
28.6
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| LATTEYS (this stock) | 29.3 | 5.1 | +3.2% | +17.5% | 0.91 | 0.0% |
| Suzlon Energy | 25.9 | 6.9 | +18.0% | +33.2% | 0.06 | 0.0% |
| Bharat Heavy Electricals | 91.4 | 5.6 | +6.8% | Not available from data source | 0.64 | +0.3% |
| Thermax | 97.9 | 8 | +5.5% | +10.7% | 0.42 | +0.4% |
Promoter
rising 1q
FII
Not available from data source
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedLatteys Industries Limited reported a 20% increase in revenue to ₹6,364.61 lakh in FY2023-24, with a 13% rise in profit before tax to ₹149.55 lakh. The company maintains ISO 9001:2015 certification and has no material changes affecting its financial position. There are no significant regulatory actions or defaults noted, and the auditor's report did not highlight key audit matters. The company has a contingent liability of ₹23,44,550 related to an income tax dispute for AY 2020-21, pending at the National e-Assessment Centre.
- Revenue increased by 20% to ₹6,364.61 lakh in FY2023-24.
- Profit before tax rose by 13% to ₹149.55 lakh.
- No material changes or defaults affecting financial position.
- Contingent liability of ₹23,44,550 related to income tax dispute.
Key takeaway: Latteys Industries Limited shows improved financial performance with higher revenue and profit, but has a contingent liability related to an income tax dispute.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceEarlier (1-3 years ago)
The statutory auditor who resigned on 30/06/2024 did not issue a limited review report for the quarter ending June 30, 2024.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company faced delays in submitting Integrated Filing – Financial and Related Party Transactions filings, and in updating the Structured Digital Database (SDD) with Unpublished Price Sensitive Information (UPSI) as required by SEBI regulations.
Default / Covenant Breach
1 occurrenceRecent (last 12 months)
The Company's quarterly returns or statements filed with a bank do not agree with its books of accounts, indicating a potential default or covenant breach.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has recognised contingent liabilities related to pending litigations and proceedings, with demands outstanding on the income tax portal for AY 2020-21 (Rs. 52.39 Lacs) and AY 2018-19 (Rs. 5.19 Lacs), although management disagrees with the demand and has filed a reply with the IT department.
Earlier (1-3 years ago)
The company has outstanding demands on the income tax portal for AY 2020-21 amounting to Rs. 48.28 Lacs and for AY 2018-19 amounting to Rs. 3.04 Lacs, including accrued interest.
The company has outstanding tax demands from the income tax portal for AY 2020-21 amounting to ₹30,24,455 (including accrued interest) and for AY 2018-19 amounting to ₹3,03,740 (including accrued interest). Management disputes these demands and has filed a reply with the IT department, awaiting a response.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has disclosed transactions with related parties, including salaries, loans, investments, and rent paid to individuals and entities related to directors, such as Pawan Garg, Kapoor Chand Garg, and others, with amounts ranging from ₹2.22 lakh to ₹91.12 lakh in the fiscal years 2024-2025 and 2025-26.
Earlier (1-3 years ago)
The company has disclosed transactions with related parties, including entities like Latteys Electricals Private Limited and Fortune Telenet Pvt Ltd, with amounts listed in lakhs for the years 2023-2024 and 2022-2023.