Laxmi Goldorna House Ltd
Laxmi Goldorna House Ltd is an Ahmedabad-
focused residential and commercial developer
and wholesale/retail trader of BIS-hallmarked
gold and studded jewellery. Jewellery designing
and processing are outsourced to job workers;
it has no owned manufacturing plant.
- Market Cap ₹ 888 Cr.
- Current Price ₹ 177
- High / Low ₹ 400 / 168
- Stock P/E 75.5
- Book Value ₹ 13.0
- Dividend Yield 0.00 %
- ROCE 17.0 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 13.6 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: | 95% |
| 3 Years: | 77% |
| 1 Year: | -55% |
| 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Customer advances from real estate bookings Rs ・Standalone data |
|
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| Number of ongoing real estate projects projects ・Standalone data |
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| Total real estate project area Sq. Mtr ・Standalone data |
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| Total real estate units under development units ・Standalone data |
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| Laxmi Eternia - Sold units (out of 775 total) units ・Standalone data |
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| Real Estate Revenue Share (% of total revenue) % ・Standalone data |
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| Construction completion percentage - new projects % ・Standalone data |
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| Laxmi Courtyard - Booking percentage % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Shareholders meeting
- Shareholders approved Rs 100 crore related-party borrowings from promoter, promoter spouse and promoter group entity.
-
Copy of Newspaper Publication
- Newspaper advertisement published on 10 September 2026 for 17th AGM and e-voting information.
-
Shareholders meeting
- 17th AGM on 30 Sep 2026 via VC/OAVM; book closure 23-30 Sep 2026.
-
Outcome of Board Meeting
- Board approved FY26 report, AGM on 30 Sep 2026, book closure 23-30 Sep 2026.
-
Copy of Newspaper Publication
- Newspaper advertisement for unaudited standalone results for quarter ended 30 June 2026, published 15 August 2026.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
-
Annual Report 2020
from nse
Business model:[1]
LGHL was incorporated in 2010 for the jewellery business and added real estate in 2017. Jewellery includes traditional, modern and Indo-Western gold ornaments, with/without precious and semi-precious stones, sold wholesale and retail across price points. Designing/processing is outsourced; hence economics depend on trading spreads, inventory turns and gold prices. Real estate develops and sells residential/commercial units in Ahmedabad.