FOCUS

Focus Lighting and Fixtures Limited

Listed company · ISIN INE593W01028 · NSE EQ · FV ₹2
Last price
₹57
+10.20%today
What this company does

Focus Lighting and Fixtures Limited is a listed company. It booked ₹49 cr of revenue in its latest quarter (Q1 FY27) and kept 5.9% of sales as profit.

Their stated vision

“is to be the leading provider of energy-efficient LED lighting .”

Their stated mission

“to deliver cutting-edge lighting solutions that blend innovation with sustainability.”

In the report:
57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,198–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns40

How much profit it earns on the money it employs

Balance sheet64

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency37

Whether sales and profit have grown, and how steadily

Valuation38

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Sales up 18% vs last year
✓ Profit up 33% vs last year
✓ Promoters hold 56%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 5.9% net margin
! Low 7.8% return on equity

What if I invest in FOCUS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹57▲ +10.20%
latest close · 2026-11-04
52-wk low ₹4874 sessions so far52-wk high ₹75
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio33.7High
LowAverageHigh
P/B ratio2.61Moderate
Below bookModerateHigh
EV / EBITDA13.4Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.8%Weak
WeakFairStrong ▸15%
Return on capital11.6%Fair
WeakFairStrong
Net margin5.9%Decent
ThinDecentStrong
EBITDA margin14.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.13Comfortable
LowModerateHigh ▸1
Interest cover6.5×Strong
RiskyOkayStrong ▸5×
Current ratio2.47Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹381 cr
Book value
₹22
EPS
₹0.42
latest quarter
Net debt
₹10 cr
owes more than its cash
Enterprise value
₹391 cr
EBITDA
₹29 cr
annualised
EBIT
₹18 cr
annualised
Operating margin
9.4%
Return on assets
5.4%
Earnings yield
2.97%
P/S
1.95
Sales / share
₹29.0
Tax rate
26.4%
Face value
₹2
Shares
6.7 cr
Working capital
₹81 cr
Current assets
₹136 cr
Current liabilities
₹55 cr
Delivery %
73.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹14–₹24, midpoint ₹19

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹49 cr
Other Income₹1 cr
Total Income₹50 cr
Cost of Materials₹21 cr
Purchases of Stock-in-Trade₹10 cr
Inventory Change (±)₹-5 cr
Employee Benefit Expense₹9 cr
Finance Costs₹70.6 L
Depreciation & Amortisation₹3 cr
Other Expenses₹8 cr
Total Expenses₹46 cr
Profit before Tax₹4 cr
Tax Expense₹1 cr
Net Profit₹3 cr
Net margin on total income5.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹26 cr51.7%
Employee benefit expense₹9 cr18.1%
Finance costs₹70.6 L1.4%
Depreciation & amortisation₹3 cr5.4%
Other expenses₹8 cr15.6%
Tax expense₹1 cr2.1%
Profit for the period₹3 cr5.7%
Total income ₹50 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue38 cr60 cr49 cr
Total income39 cr61 cr50 cr
Expenses39 cr57 cr46 cr
Profit before tax-97.9 L4 cr4 cr
Tax42.3 L1 cr1 cr
Net profit (owners' share)-1 cr3 cr3 cr
Net margin (owners' share, on revenue)-3.7%4.3%5.9%
EPS (₹)-0.220.400.42
YoY (latest quarter): total income +18.7% · net profit +32.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹214 cr
Shareholder equity
₹146 cr
parent shareholders
Total debt
₹20 cr
Cash
₹10 cr
Cash flow · H1 FY26
Operating
₹22 cr
Investing
₹-8 cr
Financing
₹-84 L
Who owns it · 2026-09-30
No pledge
Promoter
55.7%
FII / Foreign
0.0%
DII / Domestic
—
Retail / others
44.1%
Promoter stake down 0.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtAmit Vinod Sheth · Promoter64,000 · ₹40.0 L10 Sep 26
BoughtAmit Vinod Sheth · Promoter5,000 · ₹3.2 L4 Sep 26
BoughtAmit Vinod Sheth · Promoter32,500 · ₹21.0 L1 Sep 26
Bulk / block deals
SoldRISHI RAJENDRA SHAH · NSE4.61 L @ ₹104.4521 Aug 24
BoughtRISHI RAJENDRA SHAH · NSE7,144 @ ₹104.4521 Aug 24
SoldRISHI RAJENDRA SHAH · NSE3.79 L @ ₹94.7519 Aug 24
Stake changes
BoughtAmit Vinod Sheth · promoter→ 51.04% · 1.35 L31 Dec 25
BoughtAmit Vinod Sheth · promoter→ 51.04% · 1.35 L31 Dec 25
BoughtAmit Vinod Sheth · promoter→ 50.84% · 67,24922 Dec 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 16 Sep 2026
See the official result
1
To consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year ended March 31, 2026 which includes the Balance Sheet, Statement of Profit & Loss and Cash Flow Statement for the Financial Year ended March 31, 2026, together with the Directors’ Report and Auditor’s Report thereon for the Financial Year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
17.94 L votes for, 0 against
2
To appoint a Director in place of Mrs. Deepali Amit Sheth (DIN: 01141083), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers herself for re-appointment
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
17.94 L votes for, 0 against
3
Appointment of M/s. N. A. Shah Associates LLP, (Firm Registration No: 116560W / W100149) as the Statutory Auditors of the Company for a period of 05 (five) consecutive years and fix remuneration thereof
Backed by 100% of shareholders other than promotersneeded 50%
17.94 L votes for, 0 against
4
To approve the increase in the overall managerial remuneration limit of Directors of the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
17.94 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 55.7% between them · as of 2026-09-30
AMIT VINOD SHETH51.32%
SRI JAY PHARMA EXIM LLP4.38%
BELA TURAKHIAno shares
BHAVNA BHARAT GHELANIno shares
DEEPALI AMIT SHETHno shares
DHUN AMIT SHETHno shares
FORAM THANAWALAno shares
JIGAR GHELANIno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.