Lake Shore Realty Ltd

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

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.

  • 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

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
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
0.07 0.08 0.08 0.07 0.05 0.10 0.08 0.08 0.10 0.12 0.11 0.19 0.19
Operating Profit -0.07 -0.08 -0.08 -0.07 -0.05 -0.10 -0.08 -0.08 -0.10 -0.12 -0.11 -0.19 -0.19
OPM %
0.23 0.39 0.10 0.29 0.32 0.53 0.15 0.46 0.34 0.41 0.34 0.02 0.34
Interest 0.00 0.00 0.00 0.00 0.01 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.15 0.30 0.01 0.21 0.25 0.43 0.07 0.38 0.24 0.29 0.23 -0.17 0.15
Tax % 26.67% 30.00% 0.00% -128.57% 152.00% 25.58% 28.57% 23.68% 25.00% 27.59% 26.09% -47.06% 0.00%
0.11 0.20 0.00 0.47 -0.13 0.32 0.05 0.28 0.18 0.22 0.17 -0.10 0.15
EPS in Rs 0.31 0.57 0.00 1.34 -0.37 0.91 0.14 0.80 0.51 0.63 0.49 -0.29 0.43
Raw PDF

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
Sales Volume - Pure Ghee
Kg
Installed Capacity - Base Proteins / Maltodextrin
MT
Installed Capacity - Energy Drinks
MT
Installed Capacity - Ghee (Leased Plant)
MT per annum
Installed Capacity - Milk Powders (Leased Plant)
MT per annum
Production Volume - Goods manufactured for others (Complan)
MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
54.16% 54.16% 54.16% 54.16% 54.16% 54.16% 54.16% 54.84% 54.84% 16.60% 16.45% 16.45%
0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18%
45.66% 45.66% 45.66% 45.66% 45.67% 45.66% 45.66% 44.99% 44.99% 83.20% 83.37% 83.37%
No. of Shareholders 3,7843,8473,8873,9163,9964,2854,7024,6334,5334,4344,3874,356

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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