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 ₹ 1,165 Cr.
- Current Price ₹ 233
- High / Low ₹ 400 / 224
- Stock P/E 99.1
- Book Value ₹ 13.0
- Dividend Yield 0.00 %
- ROCE 17.0 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 17.9 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 299 days to 471 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 | 23 |
| OPM % | 9% | 26% |
| 0 | 0 | |
| Interest | 4 | 9 |
| Depreciation | 0 | 0 |
| Profit before tax | 13 | 14 |
| Tax % | 27% | 24% |
| 9 | 11 | |
| EPS in Rs | 1.89 | 2.11 |
| 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: | 109% |
| 3 Years: | 175% |
| 1 Year: | 0% |
| 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 |
| Free Cash Flow | -9 | -45 |
| CFO/OP | -50% | -183% |
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 | 128 | 471 |
| ROCE % | 17% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Jewelry Inventory (Finished Goods) INR Crores ・Standalone data |
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| Number of Permanent Employees Number ・Standalone data |
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| Total Project Area under Development Sq. Mtrs ・Standalone data |
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| Yearly Real Estate Inventory (WIP) INR Crores ・Standalone data |
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| Ongoing Real Estate Project Portfolio (Units) Number of Units ・Standalone data |
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| Real Estate Booking Progress (Advances from Customers) INR Crores ・Standalone data |
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| Real Estate Project Completion Percentage (Laxmi 101) % ・Standalone data |
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| Real Estate Project Completion Percentage (Laxmi Courtyard) % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Updates
25 May 2026 - Ahmedabad Municipal Corporation granted BU certificate for Laxmi Eternia, a 915,160 sq ft project with 723 flats and 52 shops.
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Copy of Newspaper Publication
19 May 2026 - Audited standalone financial results for quarter and year ended 31 March 2026 published on 18 May 2026.
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Outcome of Board Meeting
16 May 2026 - Audited FY26 results approved; fraud by former CFO led to Rs 87.2 lakh write-off.
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Fraud/Default/Arrest
14 May 2026 - LGHL disclosed embezzlement by former CFO over last year; estimated fraud Rs. 85-90 lakh.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
30 April 2026 - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.
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