Laxmi Goldorna House Ltd

Laxmi Goldorna Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Laxmi Goldorna House Ltd

₹ 266 -1.25%
23 Apr - close price
Company website NSE - BE : LGHL
About

Incorporated in 2010, Laxmi Goldorna House Ltd is in the business of real estate development and manufacture & sale of jewelries[1]

Key Points

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

Website NSE - BE
  • Market Cap ₹ 554 Cr.
  • Current Price ₹ 266
  • High / Low ₹ 355 / 28.0
  • Stock P/E
  • Book Value ₹ 15.3
  • Dividend Yield 0.00 %
  • ROCE 4.36 %
  • ROE 1.26 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 17.4 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 -2.69% over past five years.
  • Company has a low return on equity of 0.72% 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.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Mar 2018 Dec 2022 Sep 2023 Dec 2023
10.18 18.37 21.32 26.95
9.92 17.55 19.91 22.05
Operating Profit 0.26 0.82 1.41 4.90
OPM % 2.55% 4.46% 6.61% 18.18%
0.00 0.00 2.99 1.13
Interest 0.38 0.19 0.27 0.27
Depreciation 0.00 0.00 0.06 0.03
Profit before tax -0.12 0.63 4.07 5.73
Tax % 75.00% 0.00% 0.00% 0.00%
-0.03 0.63 4.07 5.73
EPS in Rs -0.02 0.30 1.95 2.75
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2.44 27.56 49.52 50.53 46.56 51.48 69.77 73.42 79.91 76.59 59.88 60.88
2.44 27.51 48.57 49.72 46.08 51.00 68.17 70.70 77.98 74.50 57.88 57.92
Operating Profit 0.00 0.05 0.95 0.81 0.48 0.48 1.60 2.72 1.93 2.09 2.00 2.96
OPM % 0.00% 0.18% 1.92% 1.60% 1.03% 0.93% 2.29% 3.70% 2.42% 2.73% 3.34% 4.86%
0.00 0.00 0.00 0.00 0.00 0.95 0.00 0.03 0.00 0.00 0.01 0.03
Interest 0.00 0.00 0.78 0.72 0.37 0.37 0.99 1.84 1.75 1.89 1.73 2.27
Depreciation 0.00 0.00 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.11 0.17
Profit before tax 0.00 0.05 0.15 0.07 0.09 1.04 0.59 0.89 0.16 0.17 0.17 0.55
Tax % 40.00% 40.00% 28.57% 33.33% 44.23% 25.42% 25.84% 31.25% 29.41% 29.41% 29.09%
0.00 0.03 0.09 0.05 0.06 0.58 0.44 0.67 0.11 0.12 0.13 0.40
EPS in Rs 0.00 0.72 1.35 0.75 0.90 8.73 0.29 0.44 0.07 0.06 0.06 0.19
Dividend Payout % 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%
3 Years: -9%
TTM: 2%
Compounded Profit Growth
10 Years: %
5 Years: -2%
3 Years: 54%
TTM: 208%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 158%
1 Year: 893%
Return on Equity
10 Years: %
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.21 0.42 0.66 0.66 0.66 0.66 15.35 15.35 15.35 20.87 20.87 20.87 20.87
Reserves 0.80 1.66 3.05 3.10 3.16 3.74 6.79 7.46 7.58 10.46 10.58 10.98 11.23
1.73 1.77 6.16 7.91 2.95 5.38 16.48 16.32 22.11 14.43 34.19 31.73 35.58
-0.01 0.01 0.02 0.06 1.09 0.51 0.17 0.31 1.63 12.39 46.43 78.67 96.40
Total Liabilities 2.73 3.86 9.89 11.73 7.86 10.29 38.79 39.44 46.67 58.15 112.07 142.25 164.08
0.00 0.00 0.12 0.10 0.09 0.07 0.05 0.03 0.04 0.09 0.96 0.94 0.90
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 0.00 0.00 0.00 0.00 0.00 0.00 0.12 0.00 0.00 0.00 0.99 1.93 1.80
2.73 3.86 9.77 11.63 7.77 10.22 38.62 39.41 46.63 58.06 110.12 139.38 161.38
Total Assets 2.73 3.86 9.89 11.73 7.86 10.29 38.79 39.44 46.67 58.15 112.07 142.25 164.08

Cash Flows

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 2.65 -5.05 -2.24 -15.34 5.26
0.00 0.00 -0.01 -0.05 -1.85 -1.10
0.00 -2.73 5.10 2.53 18.02 -4.73
Net Cash Flow 0.00 -0.08 0.05 0.24 0.82 -0.56

Ratios

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 34.41 0.00 5.09 7.66 1.72 0.00 37.77 30.23 29.55 13.58 4.21 3.30
Inventory Days 307.45 67.94 77.49 59.37 60.06 160.90 166.38 183.48 264.85 786.15 1,042.21
Days Payable 1.51 0.00 0.00 8.40 0.00 0.00 0.00 5.10 0.00 0.00 0.00
Cash Conversion Cycle 340.34 0.00 73.02 85.15 52.69 60.06 198.67 196.61 207.93 278.43 790.36 1,045.51
Working Capital Days 341.07 50.19 71.42 83.00 51.43 64.31 195.08 187.97 204.40 215.36 380.48 359.78
ROCE % 1.52% 7.34% 4.99% 17.04% 6.53% 7.02% 4.54% 4.54% 3.41% 4.36%

Shareholding Pattern

Numbers in percentages

Apr 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Dec 2023Mar 2024
73.55% 73.55% 73.55% 73.55% 73.55% 71.52% 73.63% 74.97% 74.97% 74.97%
26.46% 26.44% 26.45% 26.44% 26.45% 28.48% 26.37% 25.03% 25.03% 25.03%
No. of Shareholders 11251546260666457254909

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