Likhitha Infrastructure Ltd
LIKHITHALikhitha Infrastructure Ltd's price has outrun its earnings. −16.2% in a year against EPS −43.4% — the market is paying now for delivery later.
The sharpest disagreement: the price moved −16.2% in a year while annual EPS moved −43.4% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (4 weeks in) while the P/E sits at the 88th percentile of its own 4-year range. Underneath, the last four quarters read deteriorating — profit −76.7% year on year, and 10% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Likhitha Infrastructure Ltd trades at ₹241, in a confirmed uptrend and 4 weeks into that stage. That is +10.0% against its own 200-day average. It sits at 79% of a 52-week range of ₹142 to ₹266. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 20 straight weeks.
Today the stock is in a confirmed uptrend — week 4 of stage 2, confirmed. At ₹241 it trades +10.0% versus its 200-day average and sits at 79% of its 52-week range (₹142–₹266).
Against the market, two honest reads. Cumulative: over the last 5.8 years the stock moved +251% while the NIFTY 500 moved +139% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 20 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 88th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Likhitha Infrastructure Ltd trades at 22.8× P/E, at the pricey end of its own range (88th percentile). Its long-run median P/E is 16.8×, measured across 4.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 22.8× is at the pricey end of its own range (88th percentile), against a long-run median of 16.8× measured over 4.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved −43.4% against a −16.2% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 3y, of the −4.0%/yr price move, ~−13.4%/yr came from earnings growth and ~+9.4 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Likhitha Infrastructure Ltd reads as deteriorating on its fundamental arc. Deteriorating — revenue and profit growth are shrinking (revenue growth −10.9% latest (single-quarter readings) against +30.0% at its 12-quarter best), ROCE slipping at 14.0%. The read is built from 10 quarters across 3 curves, on partial evidence.
🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −12.1% | +7.8% | +19.1% | — |
| Profit | −43.5% | −13.4% | +6.1% | — |
| EPS | −43.4% | −13.0% | +6.3% | — |
| Share price | −16.2% | −4.0% | +2.7% | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
43.6/100 — rank 10 of 17 in Infra - Construction & Contracting · 81% evidence confidence
Likhitha Infrastructure Ltd scores 43.6 out of 100 against the 17 companies it is compared with in Infra - Construction & Contracting, ranking 10. Price leads the evidence: RS versus the benchmark is 12.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
The four contributions add to the total exactly: 6.4 + 14.4 + 7.1 + 15.7 = 43.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Likhitha Infrastructure Ltd reported ₹121 Cr of revenue in the Mar 26 quarter, −10.9% year on year. Over 5 years it has compounded at 19.1% a year. The last full year, FY26, came in at ₹457 Cr. The last four reported quarters add to ₹457 Cr.
Likhitha Infrastructure Ltd reported ₹121 Cr of revenue in the Mar 26 quarter, −10.9% year on year. Over 5 years it has compounded at 19.1% a year. The last full year, FY26, came in at ₹457 Cr. The last four reported quarters add to ₹457 Cr.
FY26 revenue came in at ₹457 Cr (−12.1% on the year), capping 5 years at 19.1% compound. The latest quarter (Mar 26) printed ₹121 Cr, −10.9% year on year.
Pace check: the last four quarters averaged −11.8% growth against the decade's 19.1% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −12.0% over the last 4 quarters against +4.1%/yr over the last 8 — rolling over; TTM profit −44.3% vs −23.1%/yr — rolling over.
→ Revenue slipped — did margins hold as it scaled? Next: 6.0% this quarter (−11.7 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Likhitha Infrastructure Ltd's operating margin is 6.0% in the Mar 26 quarter, −11.7 percentage points against the same quarter a year ago. Across 6 fiscal years the operating margin has ranged 12.0% to 24.0%. The current quarter is running below every full year in that window.
Likhitha Infrastructure Ltd's operating margin is 6.0% in the Mar 26 quarter, −11.7 percentage points against the same quarter a year ago. Across 6 fiscal years the operating margin has ranged 12.0% to 24.0%. The current quarter is running below every full year in that window.
The latest quarter's operating margin is 6.0%, −11.7 pp against the same quarter a year ago. Across 6 fiscal years the operating margin has ranged 12.0%–24.0%.
🚨 Why the margin moved: operating margin went −11.7 pp year on year while gross margin went −8.9 pp — the loss came mostly from the gross line: input costs and pricing.
→ Margins slipped — did that reach the bottom line? Next: profit −76.7% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Likhitha Infrastructure Ltd earned ₹4.1 Cr of net profit in the Mar 26 quarter, −76.7% year on year. Full-year FY26 profit was ₹39.0 Cr. The 5-year compound rate is 6.1%. That is 3.4% of the quarter's revenue. The same quarter a year earlier earned ₹17.6 Cr.
Likhitha Infrastructure Ltd earned ₹4.1 Cr of net profit in the Mar 26 quarter, −76.7% year on year. Full-year FY26 profit was ₹39.0 Cr. The 5-year compound rate is 6.1%. That is 3.4% of the quarter's revenue. The same quarter a year earlier earned ₹17.6 Cr.
Mar 26 profit was ₹4.1 Cr, −76.7% year on year. On the full year, FY26 printed ₹39.0 Cr (−43.5%), and the 5-year compound rate is 6.1%.
🚨 Why profit moved: revenue contributed −10.9% and the margin −11.7 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit −44.2% vs revenue −11.8%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
→ Profit rose — but did the cash follow? Next: 10% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 10% of Likhitha Infrastructure Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−5.0 Cr of operating cash against ₹39.0 Cr of profit. After ₹8.0 Cr of capital spending, ₹−13.0 Cr was left as free cash.
FY26: operating cash of ₹−5.0 Cr against reported profit of ₹39.0 Cr, leaving free cash of ₹−13.0 Cr after ₹8.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 10% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 10%: the cash cycle stretched 158 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 158 days — the next section's job is to find where the cash is stuck.
→ So follow the cash to where it goes. Next: the 232-day cycle, in money terms.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Likhitha Infrastructure Ltd's cash conversion cycle runs 232 days in FY26, up from 74 days in FY21. Capital spending ran ₹24.0 Cr over the last 3 years. At FY26 sales of ₹457 Cr each day of that cycle holds about ₹1.3 Cr, so roughly ₹290 Cr sits inside the business at any moment.
FY26: debtors at 81 days, inventory at 180 days — roughly 5.9 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 232 days, looser than FY21's 74.
The full loop: cash goes out to suppliers and production on day 0; stock waits 180 days to sell; customers pay about 81 days after that; and suppliers themselves are paid at 30 days — netting out to the 232-day cycle.
In money terms: at FY26 sales of ₹457 Cr, each day of the cycle holds about ₹1.3 Cr — so the 232-day loop keeps roughly ₹290 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹24.0 Cr over the last 3 fiscal years against ₹21.0 Cr of depreciation — building somewhat ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 14% and the ROIC − WACC spread is −1.1 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Likhitha Infrastructure Ltd earns a ROCE of 14% in FY26. Return on invested capital clears the cost of that capital by −1.1 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 8.5% net margin on 0.99× asset turns.
FY26 ROCE is 14%.
🚨 Why the return is what it is — the wiring (FY26): 8.5% net margin × 0.99× asset turns × 1.12× balance-sheet leverage ≈ 9.4% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 10.9% − 12.0% = a −1.1 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.00.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Likhitha Infrastructure Ltd carries total debt of ₹0.0 Cr against shareholder equity of ₹412 Cr as of Mar 26, a debt-to-equity of 0.00 — effectively unlevered. On the annual view that ratio went from 0.00 in FY25 to 0.00 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹0.0 Cr against shareholder equity of ₹412 Cr — a debt-to-equity of 0.00. On the annual view, debt-to-equity went from 0.00 (FY25) to 0.00 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: the register is quiet.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Likhitha Infrastructure Ltd moved a full percentage point over the last two years — the register is quiet. Foreign institutions moved −0.1 points over the same window, to 0.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +0.2 points over 8 quarters to 70.3%; Foreign institutions: −0.1 points over 8 quarters to 0.1%.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Likhitha Infrastructure Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Likhitha Infrastructure Ltd this page | 22.8× | ₹894 Cr | Deteriorating | |||
| Larsen & Toubro Ltd | 31.7× | ₹5.2L Cr | Mixed | |||
| Rail Vikas Nigam Ltd | 53.5× | ₹46,815 Cr | Mixed | |||
| NBCC (India) Ltd | 38.3× | ₹25,337 Cr | Mixed | |||
| Cemindia Projects Ltd | 42.1× | ₹24,755 Cr | Consistent | |||
| IRB Infrastructure Developers Ltd | 26.9× | ₹23,685 Cr | Mixed | |||
| PNC Infratech Ltd | 13.6× | ₹6,111 Cr | Turning around | |||
| Hindustan Construction Company Ltd | 40.8× | ₹5,614 Cr | No read | |||
| H.G. Infra Engineering Ltd | 11.8× | ₹3,499 Cr | Mixed | |||
| KNR Constructions Ltd | 7.8× | ₹3,409 Cr | Improving | |||
| Patel Engineering Ltd | 7.0× | ₹2,780 Cr | Turning around | |||
| Ramky Infrastructure Ltd | 11.3× | ₹2,568 Cr | Improving | |||
| Simplex Infrastructures Ltd | 48.0× | ₹1,892 Cr | No read | |||
| SPML Infra Ltd | 22.6× | ₹1,692 Cr | No read | |||
| Hazoor Multi Projects Ltd | 26.7× | ₹723 Cr | No read | |||
| Hazoor Multi Projects Ltd | 13.9× | ₹595 Cr | No read | |||
| Giriraj Civil Developers Ltd | 21.1× | ₹454 Cr | Turning around | |||
| Vishnu Prakash R Punglia Ltd | 59.9× | ₹412 Cr | Deteriorating |
Frequently asked questions
What is Likhitha Infrastructure Ltd's share price today?
Likhitha Infrastructure Ltd trades at ₹241, −16.2% over the past year. The company is valued at ₹894 Cr. The stock sits at 79% of its 52-week range of ₹142–₹266, +10.0% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 4 weeks in. — as of 24 July 2026.
What were Likhitha Infrastructure Ltd's latest quarterly results?
Likhitha Infrastructure Ltd reported revenue of ₹121 Cr and net profit of ₹4.1 Cr for the Mar 26 quarter. Revenue fell 10.9% and profit fell 76.7% year on year. Earnings per share were ₹1.16. The operating margin was 6.0%, 11.7 pp lower than a year earlier. — as of 24 July 2026.
What is Likhitha Infrastructure Ltd's revenue?
Likhitha Infrastructure Ltd reported revenue of ₹121 Cr in the Mar 26 quarter, −10.9% year on year. For the full FY26 fiscal year, revenue was ₹457 Cr (−12.1%). Over the last 5 years revenue compounded at 19.1% a year. — as of 24 July 2026.
What is Likhitha Infrastructure Ltd's profit?
Likhitha Infrastructure Ltd earned ₹4.1 Cr of net profit in the Mar 26 quarter, −76.7% year on year. Full-year FY26 profit was ₹39.0 Cr. The operating margin ran 6.0% in the latest quarter. — as of 24 July 2026.
What is Likhitha Infrastructure Ltd's market cap?
Likhitha Infrastructure Ltd's market capitalisation is ₹894 Cr at a share price of ₹241. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Likhitha Infrastructure Ltd's P/E ratio?
Likhitha Infrastructure Ltd trades at a P/E of 22.8×, at the 88th percentile of its own 4-year range, against a long-run median of 16.8×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Likhitha Infrastructure Ltd pay a dividend?
Not in its latest year — Likhitha Infrastructure Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 5 of its last 6 reported fiscal years, so there is a history but no current dividend. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Likhitha Infrastructure Ltd overvalued?
On its own history, Likhitha Infrastructure Ltd looks expensive against its own history: its P/E of 22.8× sits at the 88th percentile of its 4-year range (long-run median 16.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Likhitha Infrastructure Ltd growing?
Not right now — Likhitha Infrastructure Ltd's latest numbers are shrinking: latest-quarter revenue −10.9% year on year, profit −76.7%, and the margin −11.7 pp at 6.0%. The 5-year compound rates are 19.1% (revenue) and 6.1% (profit). The earnings engine currently reads: deteriorating — as of 24 July 2026.
How is Likhitha Infrastructure Ltd performing?
Likhitha Infrastructure Ltd is in a confirmed uptrend, 4 weeks in. Its latest quarter's revenue fell 10.9% and profit fell 76.7% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 20 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Likhitha Infrastructure Ltd in?
Deteriorating — revenue and profit growth are shrinking (revenue growth −10.9% latest (single-quarter readings) against +30.0% at its 12-quarter best), ROCE slipping at 14.0%. The read comes from the last 12 quarters of growth (revenue growth −10.9% latest, profit growth −76.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Likhitha Infrastructure Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 4 of stage 2), trading +10.0% versus its 200-day average and at 79% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Likhitha Infrastructure Ltd beating the market?
On recent form, yes — Likhitha Infrastructure Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 20 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 5.8 years the stock moved +251% against the NIFTY 500's +139% — ahead of the index over the full window. — as of 24 July 2026.
Will Likhitha Infrastructure Ltd's share price go up?
This page publishes no price forecast for Likhitha Infrastructure Ltd. What it measures instead: the share price is ₹241, the price is in a confirmed uptrend 4 weeks in. Its P/E of 22.8× sits at the 88th percentile of its own 4-year range. — as of 24 July 2026.
Who owns Likhitha Infrastructure Ltd?
Promoters hold 70.3% of Likhitha Infrastructure Ltd, foreign institutions 0.1%, domestic institutions null% and the public 29.6% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.
Does Likhitha Infrastructure Ltd have too much debt?
No — Likhitha Infrastructure Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill 57×. FY26 borrowings were ₹0.0 Cr against equity of ₹412 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Likhitha Infrastructure Ltd's capex?
Likhitha Infrastructure Ltd spent ₹24.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹8.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Likhitha Infrastructure Ltd's cash flow?
Likhitha Infrastructure Ltd generated ₹−5.0 Cr of operating cash flow in FY26 and ₹−13.0 Cr of free cash flow after ₹8.0 Cr of capital spending. Reported profit that year was ₹39.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Likhitha Infrastructure Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 10% of Likhitha Infrastructure Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−5.0 Cr against reported profit of ₹39.0 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 24 July 2026.
Where is Likhitha Infrastructure Ltd in its business cycle?
Likhitha Infrastructure Ltd's FY26 operating margin was 12.0%, against a 6-year band of 12.0%–24.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 6.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Likhitha Infrastructure Ltd story?
The sharpest disagreement: the price moved −16.2% in a year while annual EPS moved −43.4% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Likhitha Infrastructure Ltd a stock worth studying right now?
This is not investment advice. The machine read: Likhitha Infrastructure Ltd's price has outrun its earnings. −16.2% in a year against EPS −43.4% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.