Login & Signup

  • PreIPO
  • Startup Fund Raising
  • Valuations
  • Equity Restructing

  • Investments
  • Mutual Funds
  • Demat Account
  • Bonds/NCD
  • Insurance
  • Life Insurance
  • Health Insurance
  • Car Insurance
  • Corporates & Business
  • Property Insurance
  • Group Health Insurance
  • Marine Insurance

RATING

RECOMMENDATION

Buy

  • Portfolio

  • Basket

  • Watchlist

  • More

RATING

RECOMMENDATION

Buy

Business Type

Traditional Business

  • Lava International Unlisted Shares Essentials

ISIN

INE745X01014

Face Value

₹10.00

Total Share

13,90,00,000

Total Income

₹5,269.00

Profile After Tax

₹108.00

Promoter Holding

₹85.55 %

EPS

₹9.00

Sector

Information Technology

Sub-sector

Technology Hardware

Category

Upcoming IPO

Cashflow - Operations

-₹132.73

Cashflow - Financing

₹1.81

Lava International Growth

Compounded Sales Growth

  • 3.09%

    1 Year

  • 4.42%

    2 Year

  • -7.81%

    4 Year

Pro Only

Compounded Profit Growth

  • 45.95%

    1 Year

  • 38.87%

    2 Year

  • -20.25%

    4 Year

Pro Only

Return On Equity

  • 8.11%

    1 Year

  • 5.46%

    3 Year

  • 19.68%

    4 Year

Pro Only

About Lava International

  • Lava International Limited is an Indian multi-national company in the Mobile Handset industry. The company was founded in 2009 as an offshoot of a telecommunication venture by Hari Om Rai, Sunil Bhalla, Shailendra Nath Rai, and Vishal Sehgal. 
  • It is headquartered in Noida, India, and has overseas operations in Thailand, Nepal, Bangladesh, Sri-Lanka, Indonesia, Mexico, and the Middle East. The company started its Africa operations by launching its product in Egypt in 2016.
  • The company has been building mobile handset design capability including industrial design, mechanical design, hardware design & software design.
  • It has demonstrated quick and robust expansion since inception, showing profitability and growing sales since the first year of operations. 
  • Lava and Xolo are two brands that operate under the parent company. With ‘Create Possibilities’ as its guiding principle, Lava has embarked on an ambitious journey of becoming the 1st global consumer brand from India by empowering every human with quality innovative products.
  • LAVA has a wide product portfolio that encompasses tablets, feature phones, and smartphones having various models in bar and touch form factors at multiple price points to suit all categories of consumers.
  • Lava has two manufacturing plants in India and the company claims to be the only Indian brand to design devices in India and do PCB SMT in its own factory.
  • The Company has an in-house research and development center and manufacturing facilities in Noida.

  • Lava International IPO Details

The Company is planning to raise INR 1,400-1,500 Cr. via an IPO. The company is expected to file a DRHP by the end of June. The IPO is likely to be a combination of fresh equity and an offer-for-sale. China’s Unic Memory Technology, a Tsinghua group company is likely to sell at least part of its stake. China’s Unic Memory Technology currently holds 3.3% share in Lava International.

  • Lava International Product & Services

The company currently offers a wide range of smartphones, feature phones, laptops,  tablets, and accessories.

  • Lava International Industry Overview

Industry Statistics

·Indian mobile phone manufacturing sector has grown at 6.7% in terms of volumes and 6.5% in terms of value between 2007 and 2018. This made India the second largest market in the world with an average monthly sale of 1 Cr. handsets.

·There were around 75 brands and 3,400 models of mobile handsets in the market in 2019. India produces 11.0% of all mobile phones produced in the world.The figure was just 3.0% in 2014

·The total number of mobile manufacturing units in India has increased to 268 in 2019 from just two in 2014. The sector employs 6.7 lakh people.

·Indian service providers offer the cheapest mobile data and call rates in the world, according to the department of telecommunication data in 2018. This has reduced the cost of using mobile phones in the country.

·India’s young demographic profile has facilitated the sharp increase in demand for mobile phones. More than half of India’s population are below the age of 25, while more than 65.0% are below 35 years. Around 50.0% of all Indians have mobile phone connections.

·The government has designed several policies to make the industry a success. However, the dependence on foreign parts and technology is a real challenge. 



Future Prospects

·As per GSMA, India is on its way to becoming the second-largest smartphone market globally by 2025 with around 1 billion installed devices and is expected to have 92 Cr. unique mobile subscribers by 2025 which will include 8.8 Cr. 5G connections



Lava International Awards & Achievements

1-Most Trusted Brand – CMR Retail Sentiment index 2018

2-Golden Peacock Awards – Innovative product and services 2018

3-Best customer experience team of the team by Kamikaze B2B Media

Lava International Strengths

· The company’s profit after tax has grown at a 2-year CAGR of 40.5%

· The company has an excellent liquidity position.

· The company’s operational efficiency ratios are better than its peers.

· Lava International is one among the 16 companies approved under the Production Linked Incentive(PLI) scheme by Government of India.

·The company’s share’s current market price is less than the price at which the company had issued its shares via right issue in the month of May 2021.

Lava International Shortcomings

·Though the company’s profit margins have increased, they remain below the expectation.

· The company has a moderate solvency risk.

Lava International Opportunities

·The no. of smartphone users in India are expected to reach 97 Cr. till the year 2025. This gives the company a fast-growing potential customer base.

Lava International Threats

·The industry depends highly on the continuous improvement of technology.

·The customer base is price sensitive

·The company is likely to face a stiff competition, at every segment of the current market, from brands like Xiaomi, OPPO, Realme, Micromax, Honor,                      Oneplus, Samsung etc

Lava International Rating

  • RECOMMENDATION

    Buy

  • Lava International Detail Info

Industry Statistics

PUBLIC LIMITED

Registered In

India

Registered Date

27/03/2009

Stock Exchange Ticker

LAVA

Reg Office: B-14, HOUSE 2 , BASEMENT, SHIVLOK COMMERCIAL COMPLEX, Karampura Delhi, West Delhi, DELHI, INDIA – 110015

Website: http://www.lavamobiles.com