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Latteys Industries Ltd. (LATTEYS) AI Stock Analysis
Latteys Industries Ltd.
(NSE:LATTEYS)
The overall score reflects a company with strong revenue growth and improving profitability but offset by higher leverage and a recent swing to negative operating and free cash flow, which elevate financial risk. Technicals are moderately supportive, with the price above key moving averages and momentum indicators in a neutral‑to‑positive zone, while valuation at a high‑teens P/E appears reasonable but offers limited income appeal without a visible dividend.
Latteys Industries Ltd. (LATTEYS) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 1.05B
- Dividend Yield
- ―
- Average Volume (3M)
- 61.36K
- Price to Earnings (P/E)
- 16.6
- Beta (1Y)
- 0.88
- Revenue Growth
- 56.92%
- EPS Growth
- 100.06%
- Country
- India
- Employees
- 176
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Machinery
Latteys Industries Ltd. Business Overview & Revenue Model
Company Description
Latteys Industries Limited, based in Ahmedabad, India, designs, manufactures, and distributes a comprehensive range of pumps across various sectors within India. Founded in 2004, the company serves domestic, agricultural, industrial, and horticultura...
How the Company Makes Money
Latteys Industries Ltd. makes money primarily by executing orders for engineered-to-specification industrial equipment and systems. Its key revenue stream is the sale of manufactured process equipment—especially heat exchangers and heavy fabrication...
Latteys Industries Ltd. Financial Statement Overview
Summary
Financial performance is solid but unbalanced: revenue is growing about 36% with net income nearly doubling and margins improving modestly, yet leverage has risen sharply and cash generation has deteriorated with operating and free cash flow turning negative.
Income Statement
78PositiveBalance Sheet
65PositiveCash Flow
32Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.32B | 1.17B | 802.68M | 636.46M | 529.37M | 408.52M |
| Gross Profit | 243.33M | 199.94M | 140.40M | 166.40M | 104.55M | 102.72M |
| EBITDA | 76.75M | 65.55M | 47.52M | 48.39M | 40.29M | 33.08M |
| Net Income | 41.73M | 35.56M | 18.07M | 14.94M | 13.28M | 10.35M |
Balance Sheet | ||||||
| Total Assets | 0 | 825.88M | 462.62M | 488.08M | 441.30M | 416.05M |
| Cash, Cash Equivalents and Short-Term Investments | 5.60M | 487.00K | 407.00K | 793.00K | 4.94M | 2.06M |
| Total Debt | 0 | 217.90M | 88.25M | 171.05M | 124.23M | 122.25M |
| Total Liabilities | -238.50M | 587.39M | 259.72M | 303.62M | 270.06M | 260.74M |
| Stockholders Equity | 238.50M | 238.50M | 202.88M | 184.42M | 168.40M | 155.32M |
Cash Flow | ||||||
| Free Cash Flow | 13.63M | -130.76M | 79.93M | -32.45M | 9.84M | 17.93M |
| Operating Cash Flow | 16.34M | -124.46M | 100.77M | 5.65M | 29.04M | 26.30M |
| Investing Cash Flow | -2.42M | -5.10M | -4.60M | -33.71M | -19.01M | -11.58M |
| Financing Cash Flow | -12.97M | 129.65M | -96.56M | 28.15M | -11.38M | -17.73M |
Latteys Industries Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LATTEYS, the sentiment is Negative. The current price of 18.26 is below the 20-day moving average (MA) of 20.14, below the 50-day MA of 20.85, and below the 200-day MA of 21.34, indicating a bearish trend. The MACD of -0.58 indicates Positive momentum. The RSI at 32.16 is Neutral, neither overbought nor oversold. The STOCH value of 19.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:LATTEYS.
Latteys Industries Ltd. Peers Comparison
Overall Rating
- IN:LATTEYS62Neutral
IN:SOMICONVEY60Neutral
IN:ATAM50.7Neutral
IN:DUCON41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:LATTEYS | 62Neutral | INR 1.05B | 16.60 | ― | ― | 56.92% | 100.06% |
| IN:SOMICONVEY | 60Neutral | INR 892.90M | 19.97 | ― | ― | -19.72% | -25.61% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:ATAM | 51Neutral | INR 639.52M | 35.70 | ― | 0.62% | -23.10% | -72.55% |
| IN:DUCON | 41Neutral | INR 718.59M | 4.06 | ― | ― | -9.15% | -26.97% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:LATTEYS | Latteys Industries Ltd. | 18.26 | -11.20 | -38.02% | |
| IN:ATAM | Atam Valves Ltd. | 55.79 | -52.86 | -48.65% | |
| IN:BEWLTD | BEW Engineering Ltd. | 44.30 | -90.65 | -67.17% | |
| IN:DUCON | Ducon Infratechnologies Ltd. | 1.25 | -2.15 | -63.22% | |
| IN:EMKAYTOOLS | Emkay Taps & Cutting Tools Ltd. | 94.95 | -52.85 | -35.76% | |
| IN:SOMICONVEY | Somi Conveyor Beltings Limited | 75.80 | -79.75 | -51.27% |
Latteys Industries Ltd. Corporate Events
Latteys Industries Secures Shareholder Approval on All AGM Resolutions
Latteys Industries Ltd. has reported to the National Stock Exchange of India the voting results of its 13th Annual General Meeting, held on September 30, 2026, via audio-visual means in compliance with SEBI’s Listing Obligations and Disclosure...
Latteys Industries Holds Routine 13th AGM Via Video Conferencing
Latteys Industries Ltd. held its 13th Annual General Meeting on September 30, 2026, via video conferencing and other audio-visual means in line with regulatory guidance from the Ministry of Corporate Affairs and SEBI. The meeting was deemed to be con...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 07, 2026