Lava International | Globe Capital Market LTD.
Lava International
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Link Intime India Private Ltd

Axis Capital Limited, BOB Capital Markets Limited, DAM Capital Advisors Limited, SBI Capital Markets Limited

Lava International a leading end-to-end focused mobile handset and mobile handset Solutions Company based in India, with operations in a number of countries. The company is engaged in designing, manufacturing, marketing, distributing, and servicing mobile handsets, tablets, and other electronics accessories under the LAVA and XOLO brands, and also provides value-added software services. Along with this it also offers mobile handsets solutions to original equipment manufacturers (OEMs) ranging from sourcing, design, manufacturing, quality testing, embedding software and distribution. It is the third-largest feature phone company in India with a market share of 13.4% and the fifth-largest feature phone company with a market share of 5.0% in the world with a presence in many emerging markets, such as Thailand, Sri Lanka, the Middle East, Bangladesh, Mexico, Indonesia, and Nepal.

For year/ period ended ( in Cr.)

31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 5,523.68 5,282.45 5,128.75
Profit After Tax 172.61 107.76 73.18
EPS 3.15 1.97 1.34
  • A leading end-to-end focused mobile handset and mobile handset solutions company in India with growing international presence;
  • Robust research and development capabilities with a strong track record in product innovation and design;
  • Large-scale state-of-the-art manufacturing and quality service capabilities;
  • Extensive distribution network supported by advanced information technology capabilities; and
  • Highly qualified and experienced leadership team and motivated and skilled workforce;
  • Marketing and brand building activities
  • Funding acquisition and other strategic initiatives
  • Investment in Material Subsidiaries for funding their working capital requirements and
  • General corporate purpose
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