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 ₹ 1,299 Cr.
- Current Price ₹ 259
- High / Low ₹ 400 / 193
- Stock P/E 110
- Book Value ₹ 13.0
- Dividend Yield 0.00 %
- ROCE 17.0 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 20.0 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: | 99% |
| 3 Years: | 196% |
| 1 Year: | 4% |
| 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 | 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 |
|
|||||
| Number of Permanent Employees Number ・Standalone data |
||||||
| Total Project Area under Development Sq. Mtrs ・Standalone data |
||||||
| Yearly Real Estate Inventory (WIP) INR Crores ・Standalone data |
||||||
| Ongoing Real Estate Project Portfolio (Units) Number of Units ・Standalone data |
||||||
| Real Estate Booking Progress (Advances from Customers) INR Crores ・Standalone data |
||||||
| Real Estate Project Completion Percentage (Laxmi 101) % ・Standalone data |
||||||
| Real Estate Project Completion Percentage (Laxmi Courtyard) % ・Standalone data |
||||||
Documents
Announcements
-
Updates
23 February 2026 - Unaudited standalone Q3 and nine-month results for period ended 31-Dec-2025; limited review report attached.
-
Copy of Newspaper Publication
16 February 2026 - Newspaper ads for unaudited standalone results for quarter and nine months ended 31-Dec-2025, published 14-Feb-2026.
-
Outcome of Board Meeting
13 February 2026 - Unaudited standalone Q3 and nine-month results approved for period ended 31-Dec-2025; limited review unmodified; website changed.
-
Outcome of Board Meeting
13 February 2026 - Board approved unaudited Q3 and nine-month results to 31-Dec-2025; limited review unmodified; website changed.
-
Shareholders meeting
9 February 2026 - Postal ballot passed: approvals for Rs100 crore loans from each promoter for FY2025-26 (declared 07-Feb-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