Lexus Granito (India) Ltd

Lexus Granito (India) Ltd

₹ 39.4 -0.13%
19 Jun 10:09 a.m.
About

Incorporated in 2007, Lexus Granito India Ltd does manufacturing, trading and marketing of vitrified ceramic tiles and wall tiles[1]

Key Points

Business Overview:[1][2]
Company is engaged in manufacturing and exporting of vitrified tiles and wall tiles and has 300+ designs of elegant wall tiles & floor
tiles, decorative elevation tile, etc. Company
also has an in-house laboratory, enabling
them to develop new colors, besides facilitating tests and analysis of various products. Apart from this, company also deals in industrial shoe/ uppers segment both internationally and in the domestic market

  • Market Cap 79.5 Cr.
  • Current Price 39.4
  • High / Low 61.3 / 31.6
  • Stock P/E
  • Book Value 4.62
  • Dividend Yield 0.00 %
  • ROCE -13.5 %
  • ROE -109 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 48.2 to 37.8 days.

Cons

  • Stock is trading at 8.54 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -2.57% over past five years.
  • Company has a low return on equity of -32.5% over last 3 years.
  • Company might be capitalizing the interest cost

* 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.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
20.37 16.76 26.87 37.68 31.57 31.85 26.55 28.00
19.49 12.01 26.23 35.97 31.47 29.09 26.65 29.19
Operating Profit 0.88 4.75 0.64 1.71 0.10 2.76 -0.10 -1.19
OPM % 4.32% 28.34% 2.38% 4.54% 0.32% 8.67% -0.38% -4.25%
0.08 0.48 0.08 0.46 0.10 0.38 0.23 -0.54
Interest 0.73 1.04 1.36 1.10 0.97 1.46 1.12 1.41
Depreciation 2.37 2.26 4.32 4.38 2.55 2.60 2.55 5.00
Profit before tax -2.14 1.93 -4.96 -3.31 -3.32 -0.92 -3.54 -8.14
Tax % -2.80% 88.60% -1.41% -2.11% -4.52% -16.30% -9.89% -0.25%
-2.20 0.22 -5.03 -3.38 -3.47 -1.07 -3.89 -8.15
EPS in Rs -1.15 0.11 -2.62 -1.76 -1.81 -0.56 -1.93 -4.04
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
63 59 80 101 165 181 134 100 101 138 101 118
54 50 68 88 146 150 118 86 135 124 96 116
Operating Profit 10 9 13 14 19 31 16 14 -34 14 5 2
OPM % 15% 15% 16% 13% 12% 17% 12% 14% -33% 10% 5% 1%
0 1 1 1 4 3 6 3 0 11 1 0
Interest 4 4 4 4 5 9 8 8 6 6 4 5
Depreciation 5 5 6 6 10 14 13 11 9 8 13 13
Profit before tax 0 1 3 5 8 11 1 -1 -49 11 -12 -16
Tax % -881% 41% 33% 34% 18% 36% 36% -68% 1% -8% -2% -4%
2 0 2 3 7 7 0 -2 -49 12 -12 -17
EPS in Rs 2.24 0.46 2.91 3.21 4.89 3.65 0.17 -0.97 -25.36 6.03 -6.16 -8.21
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: -3%
3 Years: 5%
TTM: 17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 19%
TTM: -37%
Stock Price CAGR
10 Years: %
5 Years: 12%
3 Years: 47%
1 Year: -27%
Return on Equity
10 Years: -15%
5 Years: -41%
3 Years: -32%
Last Year: -109%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 7 7 7 10 13 19 19 19 19 19 19 20
Reserves 6 6 8 11 24 49 49 48 -1 13 1 -11
35 31 31 55 81 68 64 64 67 59 69 58
22 16 13 22 49 71 55 54 59 61 66 53
Total Liabilities 70 60 59 98 168 208 187 185 144 152 156 121
34 32 27 52 45 71 60 50 45 33 57 44
CWIP 1 0 0 0 32 0 0 0 0 24 0 0
Investments 0 0 0 0 2 2 2 2 2 0 0 0
34 29 32 46 88 134 125 132 96 95 98 77
Total Assets 70 60 59 98 168 208 187 185 144 152 156 121

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 9 6 12 10 10 9 11 4 36 6 11
-1 -1 -1 -33 -36 -6 -2 4 -3 -14 -14 1
-2 -8 -5 22 26 -4 -7 -15 1 -21 8 -12
Net Cash Flow -0 -0 -0 0 -0 0 -1 0 2 0 0 -0

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 63 109 82 65 71 121 105 155 118 55 52 38
Inventory Days 138 53 52 73 164 392 1,323 1,706 334 914 1,224 470
Days Payable 139 107 64 76 197 380 778 880 246 672 599 243
Cash Conversion Cycle 62 55 69 62 38 133 650 981 206 297 677 265
Working Capital Days 55 57 61 64 44 82 144 219 133 79 160 104
ROCE % 10% 10% 16% 14% 14% 15% 7% 5% -40% 13% -8%

Shareholding Pattern

Numbers in percentages

8 Recently
Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.99% 69.99% 51.75% 52.80% 52.80% 52.80% 52.79% 52.79% 52.79% 52.79% 55.13% 55.13%
30.01% 30.01% 48.25% 47.21% 47.21% 47.21% 47.21% 47.21% 47.21% 47.21% 44.87% 44.87%
No. of Shareholders 5335275264694814655217621,1371,5882,7643,154

Documents