LACTOSE
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Lactose (India) Approved Issue Of Convertible Share Warrants On Preferential Basis
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
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
Lactose (India) Approves Issue Of 1.5 Mln Convertible Warrants To Sg General Dealers Llp
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
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
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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 Sanjivani Paranteral, Aayush Wellness, Chemkart India, Natural Capsules, Auro Laboratories, Guj. Inject (Kerala), IndoAmerican Advance. Market Cap of Lactose India is ₹161 Crs. While the median market cap of its peers are ₹160 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 2.9 and is ranked 4 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 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 25.67, while 3 year average PE is 49.72. Also latest EV/EBITDA of Lactose India is 12.18 while 3yr average is 10.63.
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 ~36.12% over the last 3yrs while peers have grown at a median rate of 46.0%
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.