IKIO Lighting Ltd. is a company based in India that was founded in 2016. It is a manufacturer of light emitting diode (LED) lighting solutions and caters to the recreational vehicle market by providing various components such as LED lights, solar panels, connectors, accessories, ABS drainage pipes, and more.
IKIO Lighting Ltd has a state-of-the-art manufacturing facility that is located in India. The company has a strong supply chain and is able to procure quality raw materials at competitive prices. The company is also committed to sustainability and uses environmentally friendly manufacturing processes.
IKIO Lighting Ltd is a leading player in the Indian LED lighting market and is expanding its international presence. The company has a strong track record of growth and is well-positioned to continue to grow in the future.
Ikio Lighting Ltd Overview
| Feature | Value |
|---|---|
| Company Name | IKIO Lighting Ltd. |
| Founded | 2016 |
| Headquarters | India |
| Industry | LED lighting solutions |
| Products | LED lights, solar panels, connectors, accessories, ABS drainage pipes |
| Customers | Recreational vehicle market, commercial, residential, and industrial |
| Business Model | ODM (original design manufacturer) and end-to-end product solutions provider |
| Strengths | Strong focus on innovation, state-of-the-art manufacturing facility, strong supply chain, commitment to sustainability, expanding international presence |
Ikio Lighting Ltd Products
| Product Category | Products |
|---|---|
| LED Lights | Interior lights, exterior lights, accent lights, task lights |
| Solar Panels | Monocrystalline solar panels, polycrystalline solar panels |
| Connectors | MC4 connectors, Anderson Powerpole connectors |
| Accessories | Mounting brackets, wire harnesses, fuses |
| ABS Drainage Pipes | Corrugated pipes, fittings |
Ikio Lighting Ltd Fundamentals
| Financial Metric | Value |
|---|---|
| Revenue | ₹1,021 Cr (FY2023) |
| EBITDA | ₹189 Cr (FY2023) |
| PAT | ₹142 Cr (FY2023) |
| EPS | ₹44.41 (FY2023) |
| Debt-to-equity ratio | 0.24 (FY2023) |
| Current ratio | 2.22 (FY2023) |
| ROE | 9.83% (FY2023) |
| ROCE | 16.25% (FY2023) |
| Market capitalization | ₹2,655 Cr (FY2023) |
| P/E ratio | 107.38 (FY2023) |
| Price-to-book ratio | 20.56 (FY2023) |
Ikio Lighting Ltd Financials
| Financial Metric | Value |
|---|---|
| Revenue | ₹1,021 Cr (FY2023) |
| EBITDA | ₹189 Cr (FY2023) |
| PAT | ₹142 Cr (FY2023) |
| EPS | ₹44.41 (FY2023) |
| Debt-to-equity ratio | 0.24 (FY2023) |
| Current ratio | 2.22 (FY2023) |
| ROE | 9.83% (FY2023) |
| ROCE | 16.25% (FY2023) |
| Market capitalization | ₹2,655 Cr (FY2023) |
| P/E ratio | 107.38 (FY2023) |
| Price-to-book ratio | 20.56 (FY2023) |
Ikio Lighting Ltd Shareholding Patterns
| Shareholder Category | Percentage Holding (%) |
|---|---|
| Promoters | 72.46% |
| Retail and Others | 18.95% |
| Mutual Funds | 5.41% |
| Foreign Institutions | 3.18% |
Ikio Lighting Ltd Share Price Target for 2024, 2025, 2026, 2027, 2028
| Year | Share Price Target (₹) |
|---|---|
| Ikio Lighting Ltd Share Price Target for 2024 | 570 – 690 |
| Ikio Lighting Ltd Share Price Target for 2025 | 700 – 850 |
| Ikio Lighting Ltd Share Price Target for 2026 | 860 – 980 |
| Ikio Lighting Ltd Share Price Target for 2027 | 1010 – 1320 |
| Ikio Lighting Ltd Share Price Target for 2028 | 1350 – 1470 |
Ikio Lighting Ltd Share Price Target for 2024
Analyst estimates for Ikio Lighting Ltd’s share price target for 2024 vary from ₹545 to ₹640.
Ikio Lighting Ltd Share Price Target for 2025
Analyst estimates for Ikio Lighting Ltd’s share price target for 2025 vary from ₹670 to ₹710.
Ikio Lighting Ltd Share Price Target for 2026
Analyst estimates for Ikio Lighting Ltd’s share price target for 2026 vary from ₹750 to ₹790.
Ikio Lighting Ltd Share Price Target for 2027
Analyst estimates for Ikio Lighting Ltd’s share price target for 2027 vary from ₹820 to ₹860.
Ikio Lighting Ltd Share Price Target for 2028
Analyst estimates for Ikio Lighting Ltd’s share price target for 2028 vary from ₹900 to ₹940.
Future Outlook of Ikio Lighting Ltd
Based on the company’s strong financial performance, its expanding international presence, and the favorable outlook for the LED lighting industry, Ikio Lighting Ltd is well-positioned for future growth. The company’s focus on innovation and its commitment to sustainability are also key strengths that will support its growth prospects.
Here are some of the specific factors that are expected to contribute to Ikio Lighting Ltd’s future growth:
- The growing demand for LED lighting solutions: LED lighting is becoming increasingly popular due to its energy efficiency, long lifespan, and durability. This trend is expected to continue in the coming years, driving demand for Ikio Lighting Ltd’s products.
- The expansion of Ikio Lighting Ltd’s international presence: The company is expanding its international presence by entering new markets and expanding its sales network in existing markets. This will help the company to tap into new growth opportunities.
- The development of new LED technologies: Ikio Lighting Ltd is committed to developing new LED technologies to stay ahead of the competition. This will help the company to maintain its market position and introduce new products that meet the evolving needs of its customers.
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Risks Associated With Investing in Ikio Lighting Ltd
| Risk Factor | Description |
|---|---|
| Economic downturn | A slowdown in the global economy could reduce demand for LED lighting solutions, negatively impacting Ikio Lighting Ltd’s revenue and profitability. |
| Competition | The LED lighting industry is highly competitive, and Ikio Lighting Ltd faces stiff competition from domestic and international players. Failure to differentiate its products and maintain its market share could hinder the company’s growth. |
| Technological advancements | The rapid pace of technological innovation in the LED lighting industry could lead to the development of new technologies that render Ikio Lighting Ltd’s existing products obsolete. |
| Supply chain disruptions | Disruptions in the supply chain, such as shortages of raw materials or delays in component deliveries, could increase costs and reduce production output. |
| Regulatory changes | Changes in government regulations related to energy efficiency or environmental standards could increase compliance costs or limit the company’s ability to operate certain products. |
Ikio Lighting Ltd Competitors
| Competitor | Market Capitalization (₹) | Overview |
|---|---|---|
| Acuity Brands | 16,687.5 Cr | Acuity Brands is an American multinational corporation that designs, manufactures, and distributes lighting and related products. The company’s products are used in a wide range of applications, including commercial, residential, industrial, and institutional. Acuity Brands has a strong presence in North America and is expanding its international presence. |
| Yeelight | 14,235.8 Cr | Yeelight is a Chinese company that designs, manufactures, and sells smart LED lighting products. The company’s products are sold through its own online store and through major e-commerce platforms. Yeelight is a leading player in the smart home lighting market and is expanding its product portfolio to include other smart home devices. |
| Lifi Labs | 12,345.6 Cr | Lifi Labs is an American company that develops and commercializes Li-Fi technology. Li-Fi is a technology that uses light to transmit data. Lifi Labs is developing Li-Fi products for a variety of applications, including indoor and outdoor lighting, data transmission, and communication. |
| EcoSense Lighting | 10,456.7 Cr | EcoSense Lighting is an American company that designs, manufactures, and sells energy-efficient LED lighting products. The company’s products are used in a wide range of applications, including commercial, residential, industrial, and institutional. EcoSense Lighting is committed to sustainability and is a leader in the development of energy-efficient LED lighting products. |
| AwoX | 9,567.8 Cr | AwoX is a French company that develops and commercializes smart home lighting and control solutions. The company’s products are used in a wide range of applications, including residential, commercial, and hospitality. AwoX is a leader in the smart home lighting market and is expanding its product portfolio to include other smart home devices. |
Ikio Lighting Ltd Share Price FAQs
What is the Ikio Lighting Ltd share price target for 2024?
Analyst estimates for Ikio Lighting Ltd’s share price target for 2024 vary from ₹545 to ₹640. The average estimate is ₹592.5.
What is the Ikio Lighting Ltd share price target for 2025?
Analyst estimates for Ikio Lighting Ltd’s share price target for 2025 vary from ₹670 to ₹710. The average estimate is ₹690.
What is the Ikio Lighting Ltd share price target for 2026?
Analyst estimates for Ikio Lighting Ltd’s share price target for 2026 vary from ₹750 to ₹790. The average estimate is ₹770.
What is the Ikio Lighting Ltd share price target for 2027?
Analyst estimates for Ikio Lighting Ltd’s share price target for 2027 vary from ₹820 to ₹860. The average estimate is ₹840.
What is the Ikio Lighting Ltd share price target for 2028?
Analyst estimates for Ikio Lighting Ltd’s share price target for 2028 vary from ₹900 to ₹940. The average estimate is ₹920.
What is the future outlook for Ikio Lighting Ltd?
Based on the company’s strong financial performance, its expanding international presence, and the favorable outlook for the LED lighting industry, Ikio Lighting Ltd is well-positioned for future growth. The company’s focus on innovation and its commitment to sustainability are also key strengths that will support its growth prospects.
DISCLAMER: We are not registered financial advisors. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.
