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 ₹ 1,457 Cr.
- Current Price ₹ 698
- High / Low ₹ 896 / 245
- Stock P/E 139
- Book Value ₹ 31.2
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 19.0 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 22.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 91.7 to 119 days.
- Working capital days have increased from 309 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 202 | 88 | |
| 185 | 65 | |
| Operating Profit | 17 | 22 |
| OPM % | 9% | 26% |
| 0 | 0 | |
| Interest | 4 | 9 |
| Depreciation | 0 | 0 |
| Profit before tax | 13 | 14 |
| Tax % | 27% | 24% |
| 9 | 11 | |
| EPS in Rs | 4.54 | 5.06 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 114% |
| 3 Years: | 219% |
| 1 Year: | 165% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 21 | 21 |
| Reserves | 25 | 44 |
| 53 | 102 | |
| 10 | 14 | |
| Total Liabilities | 108 | 181 |
| 1 | 1 | |
| CWIP | 0 | 0 |
| Investments | 15 | 21 |
| 92 | 159 | |
| Total Assets | 108 | 181 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -9 | -45 | |
| -8 | 3 | |
| 17 | 41 | |
| Net Cash Flow | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 64 | 119 |
| Inventory Days | 107 | 682 |
| Days Payable | 10 | 53 |
| Cash Conversion Cycle | 161 | 748 |
| Working Capital Days | 143 | 475 |
| ROCE % | 17% |
Documents
Announcements
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General Updates
13 August 2025 - Company bought land for Rs.11.95 crore from Managing Director, approved by shareholders and audit committee.
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Amalgamation/Merger
12 August 2025 - Regional Director approves amalgamation scheme effective 1 April 2025 for Laxmi Goldorna House.
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General Updates
12 August 2025 - Subsidiary receives commencement letter for 390 Cr commercial-residential project in Ahmedabad, completion by 2031.
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Copy of Newspaper Publication
24 July 2025 - Unaudited Q1 2025 financial results published; lost share certificates notice issued for Torrent Power Ltd.
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Outcome of Board Meeting
22 July 2025 - Laxmi Goldorna House Ltd Q1 FY26 unaudited results approved; unmodified audit opinion declared.
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