Linc Ltd. News and Updates

Name: Latest research reports of Linc Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Linc Ltd.
Rating: 3
Author: ICICI Securities Limited

Keep track of all breaking news on Linc Ltd. from all sources in a single place.

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Linc Ltd.

10 Mar 2020

106.73

1.42%

Linc Pen ropes in consultant to expand market share

Business Line

Looking to widen reach to five lakh outlets from 60,000 now

Linc Ltd. is trading below its 50 day SMA of 110.9

Linc Ltd.

13 Jun 2019

106.73

1.42%

Linc Pen & Plastics

Hold: Linc Ltd.

Target

ICICI Securities Limited

Digitisation takes toll, limited volume growth on offer Linc is a writing instrument player manufacturing pens and associated consumables domestically. It derives ~75% of its sales from the domestic market and the rest ~25% of sales from exports. With increasing penetration of digitisation, the core writing instrument market is not growing globally with growth limited to ~10% in the domestic market, the size of which is pegged at ~| 4,100 crore (FY17). Domestic growth is supported by rising literacy rates and higher share of school going population. Going forward,...

Linc Ltd. has lost -25.53% in the last 1 Year

Linc Ltd.

05 Jul 2018

106.73

1.42%

Linc Pen & Plastics

Hold: Linc Ltd.

Target

ICICI Securities Limited

Linc Pen & Plastics (Linc) posted a muted Q4FY18 performance, primarily tracking headwinds in export markets coupled with a slower-than-expected rebound in domestic segment. On the margin front, Linc witnessed compression due to increase in crude price as crude derivatives form ~40% of raw material costs (~65% of sales) Net sales for the quarter came in at | 103.4 crore, down 1.5% EBITDA in Q4FY18 was at | 8.5 crore with corresponding EBITDA margins at 8.2%, down 130 bps YoY. PAT in Q4FY18 was at | 3.1...

Linc Ltd. is trading below its 50 day SMA of 110.9

Linc Ltd.

16 Jan 2018

106.73

1.42%

Linc Pen & Plastics

Hold: Linc Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Linc Pen & Plastics (Linc) witnessed stellar price appreciation in the recent past with the stock up 100% from lows in September 2017. A part of the journey is explained by the scarcity of profitable names in the writing instrument category in the listed space and reference to last M&A; activity involving Cello Pens (acquired by BIC Pens, France) However, Linc's financial performance has been weak with H1FY18 sales at | 146 crore, down 16% YoY, EBITDA at | 9.9 crore with...

Linc Ltd. has lost -31.97% in the last 6 Months

Linc Ltd.

14 Sep 2017

106.73

1.42%

Linc Pen & Plastics

Hold: Linc Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Linc Pen & Plastics (Linc) posted a muted Q1FY18 performance, largely tracking a decline in exports (down 50% YoY) on account of currency appreciation and trade barriers in its key export markets. Domestic sales also came in lower on account of de-stocking ahead of the implementation of new indirect tax regime i.e. GST Net sales in Q1FY18 were at | 67.5 crore, down 22.4% YoY EBITDA for the quarter came in at | 2.9 crore with corresponding...

Linc Ltd. is trading below its 50 day SMA of 110.9

Linc Ltd.

05 May 2017

106.73

1.42%

Linc Pen expands capacity with new plant in Gujarat

Business Standard

With its third production unit in Umbergaon, it has added a capacity of 18 crore pens annually

Linc Ltd. has lost -25.53% in the last 1 Year

Linc Ltd.

12 Jan 2017

106.73

1.42%

Linc Pen & Plastics

Buy: Linc Ltd.

ICICI Securities Limited

Linc Ltd. has lost -31.97% in the last 6 Months

Linc Ltd.

11 Aug 2016

106.73

1.42%

Linc Pen & Plastics Ltd

Accumulate: Linc Ltd.

Recommendation Target

Angel Broking

For 1QFY2017, Linc Pen & Plastics Ltd (LPPL)’ results have come in in line of our estimates on the top-line as well as the bottom-line front. Its top-line grew 10% yoy while on the operating front, the company reported margin improvement, primarily on account of lower raw material costs. Further, the net profit grew by ~17% yoy to `4.4cr aided by higher sales growth and a strong operating performance. Angel Broking recommend an Accumulate rating on the stock with a target price of `283.

Linc Ltd. has lost -25.53% in the last 1 Year

Linc Ltd.

27 May 2016

106.73

1.42%

Linc Pen & Plastics Ltd

Buy: Linc Ltd.

Recommendation Target

Angel Broking

For 4QFY2016, Linc Pen & Plastics Ltd (LPPL) outperformed our estimates on both the top-line and the bottom-line front. The company's top-line for the quarter grew 13% yoy. On the operating front, the company reported margin improvement, primarily on account of lower raw material costs. Further, the net profit grew by ~65% yoy to Rs6...

Linc Ltd. has lost -27.29% in the last 3 Months

Is Linc Pen & Plastics Ltd. worth buying?

37 Votes:

Buy 70.27%

Sell 16.22%

Hold 13.51%

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