Lippi Systems Ltd (LIPPISYS)

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Lippi Systems Ltd (LIPPISYS) · mywealthgrid

About

Lippi Systems Ltd manufactures industrial products within Industrial Manufacturing. Valued at ₹164.33 Cr, the company trades at ₹234.75 per share with a 52-week range of ₹20.4–₹275.7, indicating significant volatility.

Face value: ₹10

Market cap

₹150 Cr

P/E

—

P/B

6.0×

Dividend yield

ROE

16.4%

ROCE

21.7%

Debt / equity

0.12

OPM

—

EPS (TTM)

₹-1.1

Book value

₹35.6

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Consistent net losses across all visible quarters (Jun 2023–Mar 2025): ₹0.15–0.28 Cr negative; latest filing required to assess stabilization
Revenue entirely missing from quarterly data—operational scale and margin trends cannot be assessed
Stock price volatility extreme (52-week range ₹20.4–₹275.7, or 13.5x relative to ₹164.33 Cr market cap) suggests binary risk or speculation rather than fundamentals-driven pricing
Jun 2023 EPS of 700.21 versus -0.40 in Dec 2023 indicates stock split/bonus issue; verify adjusted share count and pricing comparability

Generated analysis · source review pending

Growth drivers

Latest results filing (2026-08-14) should clarify revenue, currently unavailable across all quarters
Return to profitability from consistent losses (₹0.15–0.28 Cr quarterly, Jun 2023–Mar 2025) requires operational stabilization
Industrial products sector may benefit from infrastructure and manufacturing capex cycles; verify company's specific end-market exposure and order book

Generated analysis · source review pending

1,930 historical price candles were omitted because the exchange source has not been verified.

₹214.1-6.1%1Y

Quick read

rule-based

Pros

+Comfortable interest coverage of 127.5×

Cons

−Low return on equity of 3% (3-yr avg)

Research score

Structured signal from quality, growth, valuation and momentum.

64/100

Business quality: 74
Valuation: 54

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Indo-Mim LimitedINDOMIMINDOMIM	₹62,891 Cr	₹63,981 Cr	₹4,193 Cr	₹1,071 Cr	25.5%	₹534 Cr	12.7%	29.6%	21.3%	—
Aditya Infotech LimitedCPPLUSCPPLUS	₹44,797 Cr	₹44,910 Cr	₹4,883 Cr	₹709 Cr	13.4%	₹477 Cr	8.7%	33.8%	25.5%	61
Syrma Sgs Technology LimitedSYRMASYRMA	₹33,121 Cr	₹33,474 Cr	₹5,464 Cr	₹610 Cr	11.3%	₹402 Cr	7.2%	18.7%	15%	48
Honeywell Automation India LimitedHONAUTHONAUT	₹29,454 Cr	₹29,454 Cr	₹4,703 Cr	₹637 Cr	12.9%	₹551 Cr	11.2%	16.7%	12.4%	-12
Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC	₹23,470 Cr	₹24,320 Cr	₹2,191 Cr	₹535 Cr	25.2%	₹322 Cr	16.1%	25.3%	18.2%	359
Kaynes Technology India LimitedKAYNESKAYNES	₹22,773 Cr	₹23,648 Cr	₹3,899 Cr	₹609 Cr	15.8%	₹346 Cr	10%	15.4%	9.6%	193
Lmw LimitedLMWLMW	₹17,706 Cr	₹17,706 Cr	₹3,374 Cr	₹219 Cr	5.3%	₹175 Cr	4.1%	6.4%	4.6%	23
Tega Industries LimitedTEGATEGA	₹15,721 Cr	₹16,039 Cr	₹3,059 Cr	₹231 Cr	13.7%	₹21 Cr	8.4%	8.5%	5.9%	153
Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG	₹14,553 Cr	₹14,587 Cr	₹1,611 Cr	₹229 Cr	14.5%	₹163 Cr	15.2%	17.5%	16.4%	184
Kennametal India LimitedKENNAMETKENNAMET	₹9,411 Cr	₹9,411 Cr	₹991 Cr	₹179 Cr	18.1%	₹114 Cr	11.5%	24.5%	18.5%	170
Dynamatic Technologies LimitedDYNAMATECHDYNAMATECH	₹9,354 Cr	₹9,883 Cr	₹1,675 Cr	₹200 Cr	11.3%	₹42 Cr	2%	12.3%	4.3%	142
Standard Engineering Technology LimitedSETLSETL	₹8,318 Cr	₹8,376 Cr	₹849 Cr	₹129 Cr	15.4%	₹89 Cr	10.7%	15.5%	10.7%	335

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	15	12	17	16	14	13	11	0	0	0	0
COGS	0	-1	-4	-5	-4	5	4	0	0	0	0
Gross profit	—	—	—	—	—	9	7	—	—	—	—
	12	13	18	18	16	8	8	2	1	1	2
	3	1	3	3	1	1	-1	-2	-1	-1	-2
OPM %	18.3%	5.3%	17%	16.5%	9.1%	6.1%	-10%	—	—	—	—
Depreciation	1	1	—	1	1	1	1	1	1	1	1
Interest	1	1	1	1	1	1	0	0	0	0	0
	—	1	1	1	1	1	4	1	1	1	8
Profit before tax	1	2	2	1	0	-1	1	-2	-1	-1	5
Tax	0	1	1	0	0	-0	0	-1	-0	-0	1
Tax %	34.6%	34.1%	41.5%	6.2%	22.7%	-17.7%	30.3%	-25.7%	-25.9%	-32.1%	25.5%
	1	2	1	1	0	-0	1	-2	-1	-1	4
PAT margin %	3.6%	13.3%	5.8%	5.7%	1.3%	-3.2%	7.9%	—	—	—	—
EPS (₹)	0.8	2.3	0.6	1.4	0.3	-0.6	1.2	-2.3	-1.2	-1.1	5.4
EPS adjusted (₹)	—	—	—	—	0.3	-0.6	1.2	-2.3	-1.2	-1.1	5.4
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	7	7	7	7	7	7	7
Reserves	—	17	17	16	15	14	18
	—	6	0	0	1	0	3
	—	4	3	2	1	1	1
Total equity & liabilities	—	34	27	25	24	22	29
	15	14	8	7	7	6	2
CWIP	—	—	—	0	0	0	0
Investments	—	0	0	0	0	0	0
	—	20	19	17	17	16	27
Total assets	—	34	27	25	24	22	29

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	65.5%	61.6%	—	—	—	—
EBITDA margin %	16.5%	9.1%	6.1%	-10%	—	—	—	—
EBIT margin %	7.2%	-1%	-5%	-22.3%	—	—	—	—
PAT margin %	5.7%	1.3%	-3.2%	7.9%	—	—	—	—
Working capital
Receivable days	—	—	127	48	—	—	—	—
Inventory days	—	—	141	0	—	—	—	—
Payable days	—	—	58	27	—	—	—	—
NWC days	—	—	209	21	—	—	—	—
Leverage
Current ratio	—	—	1.16	4.46	5.96	3.3	29	4.16
Debt to EBITDA	—	—	7.21	—	—	—	—	—
Debt to equity	—	—	0.24	0.02	0.01	0.04	0	0.12
Interest coverage	1.8	1.2	0.3	3.9	—	—	—	127.5
Asset turnover	—	—	0.39	0.39	0	0	0	0
Return ratios
Return on assets %	—	—	-1.2%	3.1%	-6.6%	-3.6%	-3.4%	12.9%
Return on capital employed %	—	—	0.6%	6%	-8.7%	-4.9%	-4.9%	21.7%
Return on equity %	—	—	-1.8%	3.5%	-7.1%	-3.9%	-3.5%	15.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	51.68%	51.68%	51.68%	51.68%	51.68%	51.68%	51.68%	51.68%	51.68%	51.68%	51.68%	51.68%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	48.32%	48.32%	48.32%	48.32%	48.32%	48.32%	48.32%	48.32%	48.32%	48.32%	48.32%	48.32%
No. of shareholders	—	—	—	—	—	—	—	—	4,833	4,760	4,805	4,966

Promoter holding up 0 percentage points since Sep 2023.

22 deals · 15 Jan 2024 – 29 Jun 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
29 Jun 2026	GUTTIKONDA RAJASEKHAR	Bulk	BSE	Buy	35,623	₹215.77	₹0.77 Cr
11 Jun 2026	GUTTIKONDA RAJASEKHAR	Bulk	BSE	Buy	1,67,751	₹139.10	₹2.33 Cr
11 Jun 2026	PATEL RAJ S.	Bulk	BSE	Sell	1,30,391	₹139.10	₹1.81 Cr
10 Jun 2026	GUTTIKONDA RAJASEKHAR	Bulk	BSE	Buy	1,32,244	₹126.76	₹1.68 Cr
9 Jun 2026	ARTIBEN JAGDISHBHAI AKHANI	Bulk	BSE	Sell	35,411	₹126.18	₹0.45 Cr
5 Jun 2026	GUTTIKONDA VARA LAKSHMI	Bulk	BSE	Buy	73,809	₹114.46	₹0.84 Cr
5 Jun 2026	SAVITA PATEL	Bulk	BSE	Sell	62,812	₹114.46	₹0.72 Cr
12 May 2026	MINESH CHANDRAKANT SHAH	Bulk	BSE	Sell	45,483	₹56.26	₹0.26 Cr
4 May 2026	MINESH CHANDRAKANT SHAH	Bulk	BSE	Sell	95,000	₹58.00	₹0.55 Cr
4 May 2026	SHAH SHARMISTHA SHAILESHKUMAR	Bulk	BSE	Buy	63,000	₹58.00	₹0.37 Cr

1–10 of 22

1 / 3

Nandlal J AgrawalManaging Director
Ms. Apexa Ajaykumar PanchalNon - Executive Independent Director
Kunal Nandlal AgrawalWhole Time Director
Ms. Mansi Hardik ShahNon - Executive Independent Director
Tirthraj Ashokbhai PandyaNon - Executive Non -Independent Director
Gopalkrishna D SharmaChief Finance Officer
Darshan Bipinchandra ShahCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Lippi Systems Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

90 announcementsExport CSV

30 Sept 2026, 5:29 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

29 Sept 2026, 12:57 pmOthers

Board Meeting Outcome for Appointment Of Independent Director

Outcome without intimation PDF

21 Sept 2026, 5:39 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

Resignation of Company Secretary / Compliance Officer PDF

21 Sept 2026, 5:37 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)

Resignation of Chief Financial Officer (CFO) PDF

18 Sept 2026, 6:58 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

18 Sept 2026, 2:28 pmInsider Trading / SAST

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 PDF

18 Sept 2026, 12:25 pmInsider Trading / SAST

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 PDF

12 Sept 2026, 2:16 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Date	Category	Subject	Filing
30 Sept 2026, 5:29 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
29 Sept 2026, 12:57 pm	Others Outcome without intimation	Board Meeting Outcome for Appointment Of Independent Director	PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	65.5%	61.6%	—	—	—	—
EBITDA margin %	16.5%	9.1%	6.1%	-10%	—	—	—	—
EBIT margin %	7.2%	-1%	-5%	-22.3%	—	—	—	—
PAT margin %	5.7%	1.3%	-3.2%	7.9%	—	—	—	—
Working capital
Receivable days	—	—	127	48	—	—	—	—
Inventory days	—	—	141	0	—	—	—	—
Payable days	—	—	58	27	—	—	—	—
NWC days	—	—	209	21	—	—	—	—
Leverage
Current ratio	—	—	1.16	4.46	5.96	3.3	29	4.16
Debt to EBITDA	—	—	7.21	—	—	—	—	—
Debt to equity	—	—	0.24	0.02	0.01	0.04	0	0.12
Interest coverage	1.8	1.2	0.3	3.9	—	—	—	127.5
Asset turnover	—	—	0.39	0.39	0	0	0	0
Return ratios
Return on assets %	—	—	-1.2%	3.1%	-6.6%	-3.6%	-3.4%	12.9%
Return on capital employed %	—	—	0.6%	6%	-8.7%	-4.9%	-4.9%	21.7%
Return on equity %	—	—	-1.8%	3.5%	-7.1%	-3.9%	-3.5%	15.1%

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	3	-1	-0	-1	2	-15
	-2	7	0	1	1	10
	-1	-6	-0	1	-1	3
Net cash flow	0	0	-0	-0	2	-2
Free cash flow	2	-1	-0	-1	2	-15
CFO / Operating profit %	315%	—	—	—	—	—

Lippi Systems Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

Board meetings1

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded profit growth

Return on equity

1

1