Synopsis: Lykis Ltd rose 11% after Q2 results, with revenue up 7% YoY to ₹89.6 Cr and net profit up 226% YoY to ₹3 Cr.
The shares of the Penny stock company specializing in the manufacturing, private labeling, and exporting of fast-moving consumer goods (FMCG), cosmetics, and raw/packaging materials, jumped upto 11 percent following their results with a 226 percent rise in Profit.
With a market capitalization of 71.82 Crores on Monday, the shares of Lykis Ltd jumped upto 11.4 percent, reaching a high of Rs. 39.50 compared to its previous close of Rs. 35.45.
What Happened
Lykis Ltd, engaged in the manufacturing, private labeling, and exporting of fast-moving consumer goods (FMCG), cosmetics, and raw/packaging materials, has announced its Q2 results as follows:
Its Revenue from operations rose by 7 percent YoY from Rs. 83.9 Crores in Q2FY25 to Rs. 89.6 Crores in Q2FY26, and it rose by 33 percent QoQ from Rs. 67.2 Crores in Q1FY26 to Rs. 89.6 Crores in Q2FY26.
Its Net Profit YoY rose by 226 percent from Rs. 0.92 Crores in Q2FY25 to Rs. 3.00 Crores in Q2FY26, and in QoQ from a loss of Rs. 0.46 Crores in Q1FY26 it turned to a profit of Rs. 3.00 Crores in Q2FY26.
The earnings per share (EPS) for the quarterly period stood at Rs. 1.55, compared to Rs. negative 1.24 in the previous quarter.
The company appears undervalued compared to its industry, with a stock P/E of 17.2 versus the industry P/E of 38.2. It has a strong track record of profitability, delivering a 3-year average ROE of 27.6%. Additionally, operational efficiency has improved, as debtor days have decreased significantly from 76.4 to 41.8 days.
Company Overview & Others
Lykis Ltd is an Indian company specializing in exporting Fast-Moving Consumer Goods (FMCG), cosmetics, and personal care products, and has been operating for over 30 years. The company, formerly known as Greenline Tea Exports Ltd, underwent a name change in 2012.
It now serves clients in many countries through its private labelling and manufacturing support services. Lykis is recognized as a Three-star Export House by the Government of India and offers a wide range of products, from skincare and beverages to raw materials and commodities.
The company, with a foundation of unwavering trust, a pervasive global presence, and an extensive network of strategic partners, stands as a reliable choice for exceptional FMCG, cosmetic, and RM/PM solutions, operating in over 50 countries, manufacturing more than 1,400 SKUs, and offering over 170 private-label products.
Written by Sridhar J
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