Lactose (India)
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Forensics
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Nov 15 (Reuters) - Lactose (India) Ltd LACT.BO:
APPROVED ISSUE OF CONVERTIBLE SHARE WARRANTS ON PREFERENTIAL BASIS
APPROVED 1.5 MILLION CONVERTIBLE SHARE WARRANTS ISSUE AT ISSUE PRICE 174 RUPEES APIECE
Source text: ID:nBSE9SNWx9
Further company coverage: LACT.BO
(([email protected];))
Nov 15 (Reuters) - Lactose (India) Ltd LACT.BO:
APPROVED ISSUE OF CONVERTIBLE SHARE WARRANTS ON PREFERENTIAL BASIS
APPROVED 1.5 MILLION CONVERTIBLE SHARE WARRANTS ISSUE AT ISSUE PRICE 174 RUPEES APIECE
Source text: ID:nBSE9SNWx9
Further company coverage: LACT.BO
(([email protected];))
Oct 23 (Reuters) - Lactose (India) Ltd LACT.BO:
APPROVED ISSUE OF 1.5 MILLION CONVERTIBLE WARRANTS TO SG GENERAL DEALERS LLP
APPROVED SCHEME OF AMALGAMATION OF VITANOSH INGREDIENTS WITH CO
Source text for Eikon: ID:nBSE8FfJr5
Further company coverage: LACT.BO
(([email protected];;))
Oct 23 (Reuters) - Lactose (India) Ltd LACT.BO:
APPROVED ISSUE OF 1.5 MILLION CONVERTIBLE WARRANTS TO SG GENERAL DEALERS LLP
APPROVED SCHEME OF AMALGAMATION OF VITANOSH INGREDIENTS WITH CO
Source text for Eikon: ID:nBSE8FfJr5
Further company coverage: LACT.BO
(([email protected];;))
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What does Lactose (India) do?
Lactose (India) Limited in Vadodara, Gujarat, ensures only the highest quality products leave its facility, meeting the rigorous standards set by the company and its customers.
Who are the competitors of Lactose (India)?
Lactose (India) major competitors are Godavari Drugs, Krebs Biochem.&Inds, Balaxi Pharma., Tyche Industries, Pharmaids Pharma, Aayush Wellness, Smruthi Organics. Market Cap of Lactose (India) is ₹130 Crs. While the median market cap of its peers are ₹122 Crs.
Is Lactose (India) financially stable compared to its competitors?
Lactose (India) seems to be less financially stable compared to its competitors. Altman Z score of Lactose (India) is 2.2 and is ranked 5 out of its 8 competitors.
Does Lactose (India) pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Lactose (India) latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Lactose (India) allocated its funds?
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress
How strong is Lactose (India) balance sheet?
Balance sheet of Lactose (India) is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Lactose (India) improving?
The profit is oscillating. The profit of Lactose (India) is ₹6.06 Crs for TTM, ₹5.16 Crs for Mar 2025 and ₹6.79 Crs for Mar 2024.
Is the debt of Lactose (India) increasing or decreasing?
Yes, The net debt of Lactose (India) is increasing. Latest net debt of Lactose (India) is ₹60.92 Crs as of Mar-26. This is greater than Mar-25 when it was ₹46.4 Crs.
Is Lactose (India) stock expensive?
Lactose (India) is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Lactose (India) is 21.46, while 3 year average PE is 50.45. Also latest EV/EBITDA of Lactose (India) is 10.72 while 3yr average is 10.71.
Has the share price of Lactose (India) grown faster than its competition?
Lactose (India) has given lower returns compared to its competitors. Lactose (India) has grown at ~3.75% over the last 10yrs while peers have grown at a median rate of 11.34%
Is the promoter bullish about Lactose (India)?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Lactose (India) is 53.65% and last quarter promoter holding is 53.65%.
Are mutual funds buying/selling Lactose (India)?
There is Insufficient data to gauge this.