Laxmi Goldorna House Ltd
Incorporated in 2010, Laxmi Goldorna House Ltd is in the business of real estate development and manufacture & sale of jewelries[1]
- Market Cap ₹ 1,732 Cr.
- Current Price ₹ 830
- High / Low ₹ 896 / 266
- Stock P/E 164
- Book Value ₹ 31.2
- Dividend Yield 0.00 %
- ROCE 18.4 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 149% CAGR over last 5 years
Cons
- Stock is trading at 26.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.91% over past five years.
- Debtor days have increased from 62.2 to 119 days.
- Working capital days have increased from 270 days to 475 days
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
50 | 51 | 47 | 51 | 70 | 73 | 80 | 77 | 60 | 61 | 202 | 88 | 101 | |
49 | 50 | 46 | 51 | 68 | 71 | 78 | 74 | 58 | 58 | 185 | 65 | 76 | |
Operating Profit | 1 | 1 | 0 | 0 | 2 | 3 | 2 | 2 | 2 | 3 | 17 | 22 | 25 |
OPM % | 2% | 2% | 1% | 1% | 2% | 4% | 2% | 3% | 3% | 5% | 9% | 26% | 24% |
0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 1 | 1 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 9 | 9 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 13 | 14 | 16 |
Tax % | 40% | 29% | 33% | 44% | 25% | 26% | 31% | 29% | 29% | 29% | 27% | 24% | |
0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 9 | 11 | 11 | |
EPS in Rs | 1.35 | 0.75 | 0.90 | 8.73 | 0.29 | 0.44 | 0.07 | 0.06 | 0.06 | 0.19 | 4.54 | 5.07 | 5.04 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 2% |
3 Years: | 14% |
TTM: | -47% |
Compounded Profit Growth | |
---|---|
10 Years: | 71% |
5 Years: | 149% |
3 Years: | 333% |
TTM: | 12% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 121% |
3 Years: | 224% |
1 Year: | 191% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 16% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.66 | 0.66 | 0.66 | 0.66 | 15 | 15 | 15 | 21 | 21 | 21 | 21 | 21 |
Reserves | 3 | 3 | 3 | 4 | 7 | 7 | 8 | 10 | 11 | 11 | 25 | 44 |
6 | 8 | 3 | 5 | 16 | 16 | 22 | 14 | 34 | 32 | 53 | 81 | |
0 | 0 | 1 | 1 | 0 | 0 | 2 | 12 | 46 | 79 | 10 | 14 | |
Total Liabilities | 10 | 12 | 8 | 10 | 39 | 39 | 47 | 58 | 112 | 142 | 108 | 160 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 15 | 21 |
10 | 12 | 8 | 10 | 39 | 39 | 47 | 58 | 110 | 139 | 92 | 138 | |
Total Assets | 10 | 12 | 8 | 10 | 39 | 39 | 47 | 58 | 112 | 142 | 108 | 160 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | -5 | -2 | -15 | 5 | -9 | -24 | ||||||
0 | -0 | -0 | -2 | -1 | -8 | 3 | ||||||
-3 | 5 | 3 | 18 | -5 | 17 | 20 | ||||||
Net Cash Flow | -0 | 0 | 0 | 1 | -1 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 5 | 8 | 2 | 0 | 38 | 30 | 30 | 14 | 4 | 3 | 64 | 119 |
Inventory Days | 68 | 77 | 59 | 60 | 161 | 166 | 183 | 265 | 786 | 923 | 107 | 559 |
Days Payable | 0 | 0 | 8 | 0 | 0 | 0 | 5 | 0 | 0 | 22 | 10 | 53 |
Cash Conversion Cycle | 73 | 85 | 53 | 60 | 199 | 197 | 208 | 278 | 790 | 905 | 161 | 625 |
Working Capital Days | 27 | 40 | 31 | 33 | 146 | 138 | 150 | 159 | 266 | 208 | 128 | 475 |
ROCE % | 7% | 5% | 17% | 7% | 7% | 5% | 5% | 3% | 4% | 21% | 18% |
Documents
Announcements
-
Copy of Newspaper Publication
5 September 2025 - Multiple companies' AGM notices: Alfa Ica (27 Sep), Unick (29 Sep), Laxmi Goldorna advertisement; e-voting details.
-
Outcome of Board Meeting
4 September 2025 - Board approved 7-for-5 bonus; authorised capital increased to Rs51 crore; AGM on Sept 30, 2025
-
Bonus
4 September 2025 - Board approved 7-for-5 bonus; authorised capital raised to Rs51 crore; AGM Sep 30, 2025; record date Oct 10, 2025.
-
Record Date
4 September 2025 - Approved 7:5 bonus; authorised capital to Rs51,00,00,000; AGM 30 Sept 2025; record date Oct 10, 2025.
-
Bonus
4 September 2025 - Board approved 7:5 bonus, authorised capital increase to Rs51 crore; AGM Sep 30, 2025; record date Oct 10, 2025.
Business Overview:[1][2]
Company is a Real Estate builder and property developer which offers a wide range of commercial & residential properties in Ahmedabad. Company is also engaged in manufacturing and trading business of branded gold Jewelry and ornaments. It does processing, wholesale and retail trading of all types of jewelry items. Its manufactured products include gold jewelry with or without studded precious and semi-precious stones