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LAVA International Ltd

Sell
Market Cap ₹2,489Cr. Stock P/E 13.3
Current Price ₹50 Book Value ₹42.3
Lot Size 1000 52W Low
52W High Demat Account NSDL\CDSL
EPS 3.45 ISIN INE745X01022
Debt to Equity 0.14 Valuation ⭐⭐⭐⭐
Face Value 5 No. of Shares 54.11
Current Price : ₹50
Price History

Description

Buy Price Minimum Quantity Amount
₹ 30 1000 ₹ 30000

Sell Price Minimum Quantity Amount
₹ 50 1000 ₹ 50,000

Company Overview:

Industry: Consumer Durables - Electronics

Incorporation Year: 2009

Website: https://www.lavamobiles.com/

Company Overview: Lava International Limited was founded on 27 march, 2009 and registered as the registrar of companies in Delhi. The company is engaged in trading and manufacturing mobile phones, storage devices, and other wireless telecommunication devices.

Headquarters: Noida, India

Products: Lava International Limited is an Indian multinational technology company that designs, manufactures, and distributes a range of consumer electronics, including: smartphones, tablets, laptops, computer hardware, Mobile handsets, IT accessories and communication equipment.

Market share: The third-largest feature phone manufacturer in India and the fifth-largest globally.

Growth Plans and Future Outlook: Over the next few years, the company aims to increase production by ₹500 crore annually, either through expanding its market share or by offering manufacturing support to other brands. Lava is positioning itself as a leader in quality, cost efficiency, and delivery.

Announcement and News

Lava adds Band 28 (700 MHz) to 5G, 4G phones

  • ava International Limited, one of India’s fastest-growing homegrown smartphone brands, has confirmed that its devices now support Band 28 (700 MHz), reinforcing its commitment to digital inclusion. This rollout spans Lava’s AGNI, Play, Bold, Yuva, Blaze, and SHARK series, highlighting the company’s proactive approach to product readiness as India’s telecom network continues to evolve.

    The 700 MHz spectrum, also known as Band 28, is particularly impactful for improving mobile connectivity in rural and semi-urban areas. Its lower frequency allows signals to cover longer distances, making it an effective solution for extending seamless 4G coverage to underserved regions.

    Commenting on the development, Mr. Sumit Singh, Head of Product at Lava International, said, “We have designed our smartphones to be fully compatible with Band 28 to deliver superior 4G connectivity. Our devices combine robust hardware, optimized software, and extensive field testing to provide a seamless user experience. As the only Indian brand competing with global smartphone makers, we are proud to offer products tailored to the needs of the Indian market.”

    To ensure the best performance of Band 28-enabled devices, Lava has implemented several technical enhancements, including:

    Hardware improvements: Integration of RF components (MMPA, FEM), high-isolation antennas, antenna active tuners, and updated motherboard designs.

    Software optimization: Fine-tuning processors, modems, and RF components to ensure strong connectivity across different network conditions in both urban and rural areas.

    Power management: Adjustments to power consumption algorithms for efficient operation.

    Carrier aggregation: Enhancements to support Band 28 and ensure seamless performance.

Financial Data (IN CR.)

 

YEAR 2024 2023 2022
NET SALES 3646.1 5443.6 5877.6
TOTAL INCOME 3667 5471 5898
NET PROFIT 33.9 88 186.9
SHAREHOLDERS FUND 952.7 1404.3 2288.5
TOTAL ASSETS 1730.6 2526.1 3393.4
EPS 0.63 1.63 3.45

Financial Docs

Type Period/Date Document
Annual Report 2023-24
Download
Annual Report 2022-23
Download
Annual Report 2021-22
Download
Annual Report 2020-21
Download

Profit and Loss (IN CR.)

 

Mar 2022 Mar 2023 Mar 2024
Revenue 5877.64 5443 3646
Cost of Material Consumed 1147.37 4572 2849
Gross Margin 80.48 16 21.86
OPM 5.51 4.87 2.25
Other Income 20.36 27 21
Other Expenses 4298.11 445 316
Depreciation & Amortization 96.71 140 23
Profit before tax 203.11 99 46
Net Profit Margin 3.18 1.62 0.62
EPS in Rs 3.45 1.61 0.62
Finance Cost 44.11 54 34.5

Balance Sheet (IN MILLIONS.)

 

Mar 2022 Mar 2023 Mar 2024
Share Capital 270.56 273.8 273.8
Reserves 2016.75 1130 679
Borrowings 322.41 306 112
Other Liabilities 267.86 230.2 262.2
Total Liabilities 3393.34 2526 1731
Fixed Assets 161.96 269 48.5
CWIP 56.86 19 20
Investments 75.62 107 384
Other Assets 1123.92 657 501.5
Total Assets 3393.34 2526 1731

Shareholding Pattern

 

Mar 2022 Mar 2023 Mar 2024
Promoters 79.33% 65.27% 38.47%
Others 20.67% 34.73% 61.53%
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