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 ₹ 737 Cr.
- Current Price ₹ 353
- High / Low ₹ 397 / 140
- Stock P/E 63.8
- Book Value ₹ 28.7
- Dividend Yield 0.00 %
- ROCE 21.4 %
- ROE 24.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 70.0% CAGR over last 5 years
- Company's working capital requirements have reduced from 296 days to 147 days
Cons
- Stock is trading at 12.3 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.87% over last 3 years.
- Debtor days have increased from 23.8 to 64.0 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.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 50 | 51 | 47 | 51 | 70 | 73 | 80 | 77 | 60 | 61 | 202 | 192 | |
28 | 49 | 50 | 46 | 51 | 68 | 71 | 78 | 74 | 58 | 58 | 185 | 168 | |
Operating Profit | 0 | 1 | 1 | 0 | 0 | 2 | 3 | 2 | 2 | 2 | 3 | 17 | 24 |
OPM % | 0% | 2% | 2% | 1% | 1% | 2% | 4% | 2% | 3% | 3% | 5% | 9% | 13% |
0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 1 | 1 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 8 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 13 | 17 |
Tax % | 40% | 40% | 29% | 33% | 44% | 25% | 26% | 31% | 29% | 29% | 29% | 27% | |
0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 9 | 12 | |
EPS in Rs | 0.72 | 1.35 | 0.75 | 0.90 | 8.73 | 0.29 | 0.44 | 0.07 | 0.06 | 0.06 | 0.19 | 4.54 | 5.64 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 22% |
3 Years: | 38% |
TTM: | 108% |
Compounded Profit Growth | |
---|---|
10 Years: | 59% |
5 Years: | 70% |
3 Years: | 330% |
TTM: | 194% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 192% |
1 Year: | 128% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 10% |
Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.42 | 0.66 | 0.66 | 0.66 | 0.66 | 15 | 15 | 15 | 21 | 21 | 21 | 21 | 21 |
Reserves | 2 | 3 | 3 | 3 | 4 | 7 | 7 | 8 | 10 | 11 | 11 | 25 | 39 |
2 | 6 | 8 | 3 | 5 | 16 | 16 | 22 | 14 | 34 | 32 | 53 | 72 | |
0 | 0 | 0 | 1 | 1 | 0 | 0 | 2 | 12 | 46 | 79 | 10 | 6 | |
Total Liabilities | 4 | 10 | 12 | 8 | 10 | 39 | 39 | 47 | 58 | 112 | 142 | 108 | 138 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 15 | 23 |
4 | 10 | 12 | 8 | 10 | 39 | 39 | 47 | 58 | 110 | 139 | 92 | 114 | |
Total Assets | 4 | 10 | 12 | 8 | 10 | 39 | 39 | 47 | 58 | 112 | 142 | 108 | 138 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | -5 | -2 | -15 | 5 | -9 | |||||||
0 | -0 | -0 | -2 | -1 | -8 | |||||||
-3 | 5 | 3 | 18 | -5 | 17 | |||||||
Net Cash Flow | -0 | 0 | 0 | 1 | -1 | 0 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 5 | 8 | 2 | 0 | 38 | 30 | 30 | 14 | 4 | 3 | 64 |
Inventory Days | 68 | 77 | 59 | 60 | 161 | 166 | 183 | 265 | 786 | 923 | 107 | |
Days Payable | 0 | 0 | 8 | 0 | 0 | 0 | 5 | 0 | 0 | 22 | 10 | |
Cash Conversion Cycle | 0 | 73 | 85 | 53 | 60 | 199 | 197 | 208 | 278 | 790 | 905 | 161 |
Working Capital Days | 50 | 71 | 83 | 51 | 64 | 195 | 188 | 204 | 215 | 380 | 360 | 147 |
ROCE % | 2% | 7% | 5% | 17% | 7% | 7% | 5% | 5% | 3% | 4% | 21% |
Documents
Announcements
-
Shareholders meeting
30 October 2024 - Laxmi Goldorna House Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on October 28, 2024
-
Shareholders meeting
28 October 2024 - Laxmi Goldorna House Limited has informed about Shareholders meeting
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
26 October 2024 - Laxmi Goldorna House Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Financial Result Updates
25 October 2024 - Laxmi Goldorna House Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
25 October 2024 - Laxmi Goldorna House Limited has informed regarding Board meeting held on October 25, 2024.
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