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Lava International Ltd ₹48.00 ▼ 7.7% 1M

Lava International Ltd Unlisted Shares

Consumer Electronics Mobile Handsets

Lava International is a Noida based company in the business of mobile phones, tablets and communication equipment, sold under the Lava brand. It reported standalone revenue from operations of Rs 23,295.45 million for FY24.

Read the full company profile
Indicative price
As of 23 Oct 2026
₹48.00 ▼ 7.69% in 1 month
Dealer quotes: ₹46.00 – ₹48.00 across 2 dealers
Key facts

Lava International Ltd share details

Lot size
1,000 shares
Min. investment
₹48,000
Face value
₹5
Implied market cap
₹2,599 Cr
Shares outstanding
541,550,388
Founded
2009
Headquarters
Noida, Uttar Pradesh
Website
lavamobiles.com
ISIN
INE745X01022
CIN
U32201DL2009PLC188920
Lock-in after IPO
6 months
Price history

Lava International Ltd share price chart

1Y change
+26.32%
High
₹60.00
Low
₹38.00

Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.

About

About Lava International Ltd

Lava International Limited is an Indian multinational mobile handset and electronics manufacturing company headquartered in Noida. It designs, manufactures and markets smartphones, feature phones and accessories under the Lava brand.

Strengths

  • Standalone revenue from operations grew about 6% to Rs 23,295.45 million in FY24 from Rs 22,056.74 million in FY23.
  • Standalone profit before tax rose about 18%, from Rs 462.85 million to Rs 546.03 million, so profit grew faster than revenue.
  • Standalone profit for the year was Rs 428.78 million in FY24 against Rs 353.30 million in FY23.
  • Standalone EBITDA improved to Rs 1,118.84 million from Rs 1,055.87 million, while finance cost came down to Rs 345.24 million from Rs 366.41 million.
  • The group has a wide structure with 9 direct subsidiaries, 26 further subsidiaries, 1 joint venture and 1 associate, including five foreign subsidiaries in different jurisdictions.

Risks

  • Consolidated revenue from operations fell 26% to Rs 36,460.55 million in FY24 from Rs 49,026.55 million in FY23.
  • Consolidated profit before tax dropped to Rs 454.42 million in FY24 from Rs 859.36 million the year before.
  • Standalone EBITDA of Rs 1,118.84 million is only about 5% of standalone revenue, so margins are thin.
  • Finance cost of Rs 345.24 million in FY24 takes a large part of standalone EBITDA, which leaves less room if sales slow down.
  • The secretarial audit noted the board was not duly constituted after a woman director vacancy arose on 22 August 2023; it was filled on 20 May 2024.
  • FY23 audited accounts were delayed because the audits of foreign subsidiaries, some with a different year end, took longer than planned.
  • The group structure is complex, with many subsidiaries across countries, which makes the consolidated numbers harder to follow.
  • The company did not recommend a dividend for FY24, so returns depend on a future listing or sale.
  • The financials here are for FY24; newer results may differ and we could not read them in text form.
  • Unlisted shares trade off-market, so prices are indicative, liquidity is low and there is no assurance an IPO will happen.
Financials

Lava International Ltd financial performance

Revenue, profit and balance-sheet figures by fiscal year.

Revenue & PAT (₹ Cr)
Revenue PAT
Metric FY24Latest FY23
Revenue (₹ Cr) 2,330 2,206
EBITDA (₹ Cr) 112 106
PAT (₹ Cr) 42.88 35.33
EBITDA Margin (%) 4.80 4.79
PAT Margin (%) 1.84 1.60

Swipe the table sideways for earlier years →

Leadership

Management team

Shailendra Nath Rai
Whole Time Director
Listed as a Whole Time Director in the FY24 annual report.
Sunil Raina
Whole Time Director
Listed as a Whole Time Director in the FY24 annual report.
Sanjeev Agarwal
Whole Time Director
Listed as a Whole Time Director in the FY24 annual report.
Rajesh Sethi
Chief Financial Officer
Chief Financial Officer as per the FY24 annual report.
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Get a live quote on WhatsApp in under 60 seconds. Current price ₹48.00. Shares are delivered to your own demat in 24–48 hours, never to a custodian.

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FAQs

Lava International Ltd unlisted shares: common questions

Important disclaimer

Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.