LCI Lucky Core Industries Limited

Lucky Core Industries Limited (LCI) financial ratios

Lucky Core Industries Limited earned a net margin of 8.6% in FY2026 against a five-year average of 8.7% (Chemical median 4.7%). Return on equity was 17.0%, compared with a sector median of 12.2%. The current ratio stood at 1.62× and debt was 46.5% of equity. Cash took about 95 days to cycle through receivables, inventory and payables.

FY2026 vs the Chemical median

Gross margin: 21.7%; Sector median 18.7%
Operating margin: 12.5%; Sector median 11.8%
Net margin: 8.6%; Sector median 4.7%
Return on equity (ROE): 17.0%; Sector median 12.2%
Return on assets (ROA): 9.0%; Sector median 7.1%
Current ratio: 1.62×; Sector median 1.46×
Debt to equity: 46.5%; Sector median 45.9%
Asset turnover: 1.05×; Sector median 1.05×
Dividend payout ratio: 54.2%; Sector median 19.3%

Median of the 25 companies in the sector with the figure for their latest fiscal year.

LCI financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 * Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 * Jul 2012 – Jun 2013	FY2012 Jan – Dec 2012	FY2011 * Jan – Dec 2011	FY2010 Jan – Dec 2010	FY2009 * Jan – Dec 2009	FY2008 * Jan – Dec 2008	FY2007 * Jan – Dec 2007
Profitability
Gross margin	21.7%	22.9%	22.4%	20.5%	21.8%	22.5%	19.9%	16.4%	17.9%	19.2%	17.8%	15.8%	12.6%	—	11.9%	13.3%	19.5%	20.4%	19.4%	20.3%
EBITDA margin	16.5%	17.6%	16.6%	15.9%	16.1%	16.0%	14.7%	12.5%	13.7%	15.2%	14.2%	12.4%	9.4%	—	8.7%	9.8%	13.0%	13.5%	13.8%	16.4%
Operating margin	12.5%	14.4%	13.7%	13.0%	13.2%	11.5%	9.6%	8.0%	8.7%	9.7%	8.9%	7.8%	5.8%	—	5.5%	6.7%	10.1%	10.1%	10.6%	12.3%
Pre-tax margin	13.4%	15.5%	12.9%	11.0%	13.4%	11.2%	6.5%	5.7%	7.9%	10.5%	9.2%	7.6%	5.6%	—	4.2%	7.1%	10.8%	10.9%	9.5%	11.3%
Net margin	8.6%	9.8%	9.3%	7.0%	8.8%	8.1%	4.4%	4.3%	6.6%	7.9%	7.4%	6.1%	4.8%	—	2.9%	5.0%	7.1%	7.3%	6.1%	6.3%
Effective tax rate	35.9%	36.9%	28.5%	36.3%	34.3%	28.0%	32.3%	25.5%	16.2%	25.4%	19.4%	20.2%	13.2%	—	32.6%	30.2%	34.5%	32.8%	36.2%	44.8%
Returns
Return on equity (ROE)	17.0%	22.5%	23.9%	20.7%	32.4%	25.2%	13.1%	13.3%	18.3%	20.0%	18.6%	17.6%	—	—	9.6%	13.9%	17.1%	15.4%	13.5%	12.3%
Return on assets (ROA)	9.0%	12.0%	12.2%	9.3%	14.2%	10.7%	5.0%	5.4%	8.1%	9.8%	9.6%	9.2%	—	—	4.8%	8.3%	11.6%	10.5%	9.2%	8.1%
Return on invested capital (ROIC)	13.8%	18.3%	20.8%	32.5%	19.9%	16.6%	9.8%	9.2%	12.1%	15.0%	14.9%	14.9%	—	—	9.4%	16.4%	17.1%	15.4%	13.5%	12.4%
Liquidity
Current ratio	1.62×	1.57×	1.50×	1.40×	1.03×	1.23×	1.27×	1.19×	1.31×	1.14×	1.23×	1.09×	1.48×	—	1.15×	1.28×	2.13×	1.87×	1.70×	1.45×
Quick ratio	0.93×	0.92×	0.84×	0.72×	0.38×	0.44×	0.53×	0.52×	0.64×	0.60×	0.59×	0.53×	0.76×	—	0.47×	0.79×	1.35×	1.23×	0.95×	0.98×
Leverage
Debt to equity	46.5%	40.0%	34.0%	45.5%	65.2%	45.5%	69.3%	89.0%	82.6%	43.4%	38.4%	31.2%	29.8%	—	25.7%	0.0%	0.0%	0.3%	1.8%	0.0%
Debt to capital	31.7%	28.6%	25.4%	31.3%	39.5%	31.3%	40.9%	47.1%	45.2%	30.3%	27.8%	23.8%	23.0%	—	20.4%	0.0%	0.0%	0.3%	1.7%	0.0%
Debt to assets	24.9%	21.1%	18.2%	22.2%	28.9%	23.2%	31.9%	38.0%	36.8%	20.9%	19.6%	16.1%	15.9%	—	12.6%	0.0%	0.0%	0.2%	1.2%	0.0%
Assets to equity	1.88×	1.88×	1.96×	2.14×	2.13×	2.06×	2.26×	2.30×	2.17×	2.02×	1.95×	1.91×	—	—	2.02×	1.67×	1.47×	1.46×	1.47×	1.52×
Efficiency
Asset turnover	1.05×	1.22×	1.32×	1.32×	1.62×	1.33×	1.15×	1.27×	1.22×	1.24×	1.30×	1.52×	—	—	1.66×	1.67×	1.64×	1.44×	1.51×	1.29×
Receivable days days	28	25	27	33	31	40	50	47	49	48	49	45	—	—	27	23	24	28	28	32
Inventory days days	91	83	88	94	80	91	93	78	75	71	71	63	—	—	63	52	53	60	53	61
Payable days days	24	26	26	29	27	30	45	35	33	49	48	46	—	—	47	38	41	42	67	98
Cash conversion cycle days	95	82	89	98	85	100	98	90	91	70	72	62	—	—	43	37	36	46	15	(5)
Dividends
Dividend payout ratio	54.2%	77.0%	49.7%	18.5%	21.8%	33.2%	39.1%	16.5%	23.9%	47.8%	44.0%	36.5%	20.1%	—	51.3%	27.5%	98.1%	53.6%	53.5%	53.1%
Earnings retention rate	0.46×	0.23×	0.50×	0.81×	0.78×	0.67×	0.61×	0.84×	0.76×	0.52×	0.56×	0.63×	0.80×	—	0.49×	0.72×	0.02×	0.46×	0.46×	0.47×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

LCI: frequently asked questions

What is LCI's EPS?

Lucky Core Industries Limited reported basic earnings per share of Rs 21.11 for FY2026 (Jul 2025 – Jun 2026).

What is LCI's P/E ratio?

At the closing price of Rs 194.44 on 16 Oct 2026, LCI trades at a P/E of 9.2× based on EPS of Rs 21.11 (FY2026).

Does LCI pay dividends?

Yes. Lucky Core Industries Limited declared a dividend of Rs 10.50 per share for FY2026. It has paid a dividend in each of the last 13 years. At Rs 194.44 that is a dividend yield of 5.4%.

What was LCI's revenue and profit in FY2026?

Lucky Core Industries Limited reported revenue of Rs 113.4 bn and profit attributable to shareholders of Rs 9.7 bn for FY2026 (Jul 2025 – Jun 2026).

What is LCI's book value per share?

Lucky Core Industries Limited's book value per share was Rs 128.68 at the end of FY2026. The shares trade at 1.51× book value.

Information only, not investment advice.