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
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% |
