July 22, 2017 8:01 PM ET

Electrical Equipment

Company Overview of LEEL Electricals Limited

Company Overview

LEEL Electricals Limited designs, develops, manufactures, and sells heating, ventilation, air conditioning, and refrigeration (HVAC & R) equipment. The company operates through OEM & Packaged Air-Conditioning, and Heat Exchangers & Components segments. It offers fin and tube type heat exchangers for use in various applications, such as commercial refrigeration systems, automobile-buses/car air conditioning, railway and marine air conditioning, telecom/mainframe air conditioning, and special application coils, as well as window, split, and package air conditioning systems; packaged air-conditioning units, including air conditioning units for passenger coaches and locomotives in the railway in...

159, Okhla Industrial Estate

Phase-III

New Delhi,  110020

India

Founded in 1987

Phone:

91 11 4064 5454

Fax:

91 11 4161 5416

Key Executives for LEEL Electricals Limited

Executive Chairman and Managing Director
Age: 72
Total Annual Compensation: 7.2M
Chief Financial Officer and Whole Time Director
Age: 73
Total Annual Compensation: 3.9M
Whole Time Director
Age: 67
Total Annual Compensation: 8.9M
Deputy Managing Director and Executive Director
Age: 41
Total Annual Compensation: 5.4M
Compensation as of Fiscal Year 2016.

LEEL Electricals Limited Key Developments

LEEL Electricals Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Full Year Ended on March 31, 2017

LEEL Electricals Limited announced audited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the full year ended on March 31, 2017. For the quarter, on standalone basis, the company’s total income was INR 10,521.0 million as compared to INR 8,036 million a year ago. Profit from operations before exceptional items was INR 358.9 million against INR 665.9 million a year ago. Profit before tax was INR 358.9 million as compared to INR 207.9 million a year ago. Net profit was INR 225.6 as compared to INR 97.1 million a year ago. Basic and diluted earnings per share were INR 5.59 as compared to INR 2.68 a year ago. For the year, on standalone basis, the company’s total income was INR 30,244.1 million as compared to INR 23,886.8 million a year ago. Profit from operations before exceptional items was INR 1,189.7 million against INR 1,252.7 million a year ago. Profit before tax was INR 1,189.7 million as compared to INR 794.7 million a year ago. Net profit was INR 851.4 as compared to INR 558.2 million a year ago. Basic and diluted earnings per share were INR 21.19 as compared to INR 15.61 a year ago. For the year, on consolidated basis, the company’s total income was INR 33,757.7 million as compared to INR 27,294.1 million a year ago. Profit from operations before exceptional items was INR 1,042.8 million against INR 1,105.9 million a year ago. Profit before tax was INR 1,042.8 million as compared to INR 647.9 million a year ago. Net profit was INR 699.9 as compared to INR 417 million a year ago. Basic and diluted earnings per share were INR 17.44 as compared to INR 11.71 a year ago.

LEEL Electricals Limited Recommends Final and Special Dividend for the Year 2017

LEEL Electricals Limited, at its board of directors meeting held on May 30, 2017 has recommended a final dividend of INR 1.50 per equity share of face value of INR 10 each (15%), aggregating to INR 7,280 million for the financial year 2016-17, subject to the approval of the shareholders in the upcoming annual general meeting of the company and will be paid within 30 days of conclusion of AGM. The company also announced declaration of special dividend of INR 20 per equity share of face value of INR 10 each (200%) out of proceeds of sale of Consumer Durable Business, aggregating to INR 97,080 million (including dividend distribution tax). The record date for the purpose of payment of special dividend has been fixed as June 09, 2017 and the dividend shall be paid on or before 30 days from the date of declaration.

LEEL Electricals Limited, Q4 2017 Earnings Call, May 31, 2017

LEEL Electricals Limited, Q4 2017 Earnings Call, May 31, 2017

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