Lake Shore Realty Ltd
₹ 68.0
4.99%
05 May
- close price
About
Incorporated in 1987, Lake Shore Reality (Formely knows as Mahaan Foods Ltd.) is engaged in business of real estate.[1]
Key Points
- Market Cap ₹ 23.8 Cr.
- Current Price ₹ 68.0
- High / Low ₹ 121 / 46.6
- Stock P/E 54.1
- Book Value ₹ 57.9
- Dividend Yield 0.00 %
- ROCE 4.89 %
- ROE 3.68 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.17 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 16.4%
- Company has a low return on equity of 3.42% over last 3 years.
- Promoter holding has decreased over last 3 years: -37.7%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.27 | 8.85 | -0.01 | 1.68 | 0.72 | 0.61 | 5.30 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 13.72 | 9.40 | 0.48 | 1.46 | 0.94 | 0.82 | 4.13 | 0.82 | 0.26 | 0.30 | 0.32 | 0.38 | 0.61 | |
| Operating Profit | -0.45 | -0.55 | -0.49 | 0.22 | -0.22 | -0.21 | 1.17 | -0.75 | -0.26 | -0.30 | -0.32 | -0.38 | -0.61 |
| OPM % | -3.39% | -6.21% | 13.10% | -30.56% | -34.43% | 22.08% | -1,071.43% | ||||||
| 2.78 | 0.64 | 0.70 | -2.14 | 1.95 | 3.60 | 0.58 | 0.88 | 0.52 | 1.14 | 1.25 | 1.36 | 1.11 | |
| Interest | 1.34 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.40 | 0.18 | 0.12 | 0.11 | 0.11 | 0.10 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.01 | 0.00 |
| Profit before tax | 0.59 | -0.09 | 0.09 | -2.04 | 1.61 | 3.29 | 1.70 | 0.08 | 0.21 | 0.79 | 0.89 | 0.97 | 0.50 |
| Tax % | -81.36% | -533.33% | -55.56% | 7.84% | 9.94% | 2.74% | 37.65% | -37.50% | 23.81% | 26.58% | 24.72% | 24.74% | |
| 1.07 | 0.39 | 0.15 | -2.20 | 1.45 | 3.19 | 1.06 | 0.10 | 0.15 | 0.58 | 0.66 | 0.73 | 0.44 | |
| EPS in Rs | 3.06 | 1.11 | 0.43 | -6.28 | 4.14 | 9.11 | 3.03 | 0.29 | 0.43 | 1.66 | 1.89 | 2.09 | 1.26 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | -7% |
| 3 Years: | 69% |
| TTM: | -47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 31% |
| 3 Years: | 38% |
| 1 Year: | 35% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 2% |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 |
| Reserves | 10.44 | 10.83 | 10.98 | 8.78 | 10.23 | 13.43 | 14.48 | 14.58 | 14.74 | 15.32 | 15.98 | 16.71 | 16.78 |
| 0.07 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 7.60 | 7.49 | 7.49 | 8.13 | 6.75 | 0.64 | 1.05 | 0.20 | 0.19 | 0.42 | 0.42 | 0.43 | 0.14 | |
| Total Liabilities | 21.61 | 21.83 | 21.97 | 20.41 | 20.48 | 17.57 | 19.03 | 18.28 | 18.43 | 19.24 | 19.90 | 20.64 | 20.42 |
| 1.21 | 0.84 | 0.72 | 0.59 | 0.48 | 0.35 | 0.30 | 0.25 | 0.20 | 0.15 | 0.10 | 0.09 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.75 | 9.31 | 9.31 | 7.16 | 7.16 | 6.56 | 6.56 | 6.56 | 6.56 | 0.00 | 0.00 | 0.00 | 0.01 |
| 17.65 | 11.68 | 11.94 | 12.66 | 12.84 | 10.66 | 12.17 | 11.47 | 11.67 | 19.09 | 19.80 | 20.55 | 20.41 | |
| Total Assets | 21.61 | 21.83 | 21.97 | 20.41 | 20.48 | 17.57 | 19.03 | 18.28 | 18.43 | 19.24 | 19.90 | 20.64 | 20.42 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.35 | 4.76 | -0.31 | 6.86 | -0.30 | -4.05 | 1.61 | -0.46 | 0.01 | -0.72 | -0.76 | -0.66 | |
| 6.81 | -5.72 | 0.70 | 0.02 | 0.43 | 1.35 | 0.58 | 0.88 | 0.52 | 7.70 | 1.25 | 1.36 | |
| -11.41 | -0.06 | -0.01 | -0.01 | -0.01 | 2.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | 0.75 | -1.02 | 0.38 | 6.87 | 0.12 | 0.17 | 2.19 | 0.42 | 0.53 | 6.99 | 0.49 | 0.70 |
| Free Cash Flow | 5.34 | 4.96 | -0.31 | 6.87 | -0.30 | -3.43 | 1.61 | -0.46 | 0.01 | -0.72 | -0.76 | -0.66 |
| CFO/OP | -1,271% | -865% | 63% | 3,186% | 123% | 1,867% | 162% | 61% | -27% | 167% | 172% | 108% |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91.32 | 36.29 | -20,805.00 | 82.56 | 263.61 | 263.28 | 36.50 | 1,564.29 | ||||
| Inventory Days | 315.37 | 8.16 | -7,300.00 | 68.87 | ||||||||
| Days Payable | 226.44 | 273.24 | 2,479.25 | |||||||||
| Cash Conversion Cycle | 180.24 | -228.79 | -28,105.00 | -2,327.82 | 263.61 | 263.28 | 36.50 | 1,564.29 | ||||
| Working Capital Days | 248.10 | 155.07 | 130,670.00 | -693.07 | -826.32 | 1,244.59 | 94.35 | 5,579.29 | ||||
| ROCE % | -1.89% | -0.63% | 0.62% | 4.48% | 1.23% | 2.80% | 9.74% | 0.44% | 1.16% | 4.26% | 4.65% | 4.89% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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| Sales Volume - Dairy Creamer Kg |
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| Sales Volume - Pure Ghee Kg |
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| Installed Capacity - Base Proteins / Maltodextrin MT |
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| Installed Capacity - Energy Drinks MT |
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| Installed Capacity - Ghee (Leased Plant) MT per annum |
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| Installed Capacity - Milk Powders (Leased Plant) MT per annum |
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| Production Volume - Goods manufactured for others (Complan) MT |
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Documents
Announcements
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
30 Apr - Al Maha sold 155,000 Lake Shore Realty shares via SPA on 28-29 Apr 2026; holding became nil.
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Response To Query On Price Fluctuation
27 Apr - Responds to BSE price fluctuation query, citing no undisclosed material event.
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Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
24 Apr - Unreadable document pages with no announcement details.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
24 Apr - Al Maha Investment Fund sold 13,43,741 shares, exiting Lake Shore Realty on 23/04/2026.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 24 Apr
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Share Purchase Agreement & Change in Control[1]
The Acquirers (AL Maha Investment Fund PCC - ONYX STRATEGY & Indigo Infracon Pvt. Ltd.) entered into a Share Purchase Agreement on May 30, 2025 to acquire 19,19,630 equity shares (54.84%) at Rs. 57.51 per share, aggregating to ~Rs. 11.04 Crs, payable in cash. The transaction results in a change in control and management of the Company.