Laxmi Goldorna House Ltd

Laxmi Goldorna House Ltd

₹ 499 -3.17%
21 Apr - close price
About

Incorporated in 2010, Laxmi Goldorna House Ltd is in the business of real estate development and manufacture & sale of jewelries[1]

Key Points

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

  • Market Cap 1,041 Cr.
  • Current Price 499
  • High / Low 655 / 245
  • Stock P/E 98.9
  • Book Value 31.2
  • Dividend Yield 0.00 %
  • ROCE 18.4 %
  • ROE 19.1 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 149% CAGR over last 5 years

Cons

  • Stock is trading at 16.0 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 1.91% over past five years.
  • Debtor days have increased from 62.2 to 119 days.
  • Working capital days have increased from 342 days to 520 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
10.18 18.37 26.53 26.38 21.32 26.95 127.28 15.85 22.08 22.16 27.72
9.92 17.55 24.38 24.19 19.91 22.05 118.48 12.73 14.77 15.41 22.43
Operating Profit 0.26 0.82 2.15 2.19 1.41 4.90 8.80 3.12 7.31 6.75 5.29
OPM % 2.55% 4.46% 8.10% 8.30% 6.61% 18.18% 6.91% 19.68% 33.11% 30.46% 19.08%
0.00 0.00 0.03 0.16 2.99 1.13 0.10 0.30 0.06 -0.30 0.56
Interest 0.38 0.19 1.61 0.31 0.27 0.27 3.38 1.86 2.16 1.85 2.73
Depreciation 0.00 0.00 0.10 0.00 0.06 0.03 0.08 0.00 0.05 0.05 0.11
Profit before tax -0.12 0.63 0.47 2.04 4.07 5.73 5.44 1.56 5.16 4.55 3.01
Tax % -75.00% 0.00% 29.79% 0.00% 0.00% 61.78% -0.37% 25.00% 20.74% 22.20% 77.74%
-0.03 0.63 0.34 2.04 4.07 2.20 5.45 1.17 4.10 3.54 0.68
EPS in Rs -0.02 0.30 0.16 0.98 1.95 1.05 2.61 0.56 1.96 1.70 0.33
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
50 51 47 51 70 73 80 77 60 61 202 88
49 50 46 51 68 71 78 74 58 58 185 65
Operating Profit 1 1 0 0 2 3 2 2 2 3 17 22
OPM % 2% 2% 1% 1% 2% 4% 2% 3% 3% 5% 9% 26%
0 0 0 1 0 0 0 0 0 0 0 0
Interest 1 1 0 0 1 2 2 2 2 2 4 9
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 1 1 1 0 0 0 1 13 14
Tax % 40% 29% 33% 44% 25% 26% 31% 29% 29% 29% 27% 24%
0 0 0 1 0 1 0 0 0 0 9 11
EPS in Rs 1.35 0.75 0.90 8.73 0.29 0.44 0.07 0.06 0.06 0.19 4.54 5.07
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 2%
3 Years: 14%
TTM: -57%
Compounded Profit Growth
10 Years: 71%
5 Years: 149%
3 Years: 333%
TTM: 11%
Stock Price CAGR
10 Years: %
5 Years: 101%
3 Years: 228%
1 Year: 85%
Return on Equity
10 Years: 9%
5 Years: 11%
3 Years: 16%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.66 0.66 0.66 0.66 15 15 15 21 21 21 21 21
Reserves 3 3 3 4 7 7 8 10 11 11 25 44
6 8 3 5 16 16 22 14 34 32 53 81
0 0 1 1 0 0 2 12 46 79 10 14
Total Liabilities 10 12 8 10 39 39 47 58 112 142 108 160
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
Investments 0 0 0 0 0 0 0 0 1 2 15 21
10 12 8 10 39 39 47 58 110 139 92 138
Total Assets 10 12 8 10 39 39 47 58 112 142 108 160

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
3 -5 -2 -15 5 -9 -24
0 -0 -0 -2 -1 -8 3
-3 5 3 18 -5 17 20
Net Cash Flow -0 0 0 1 -1 0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 5 8 2 0 38 30 30 14 4 3 64 119
Inventory Days 68 77 59 60 161 166 183 265 786 923 107 559
Days Payable 0 0 8 0 0 0 5 0 0 22 10 53
Cash Conversion Cycle 73 85 53 60 199 197 208 278 790 905 161 625
Working Capital Days 71 83 51 64 195 188 204 215 380 360 147 520
ROCE % 7% 5% 17% 7% 7% 5% 5% 3% 4% 21% 18%

Shareholding Pattern

Numbers in percentages

Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
73.55% 73.55% 73.55% 71.52% 73.63% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97%
26.45% 26.44% 26.45% 28.48% 26.37% 25.03% 25.03% 25.03% 25.03% 25.03% 25.03% 25.03%
No. of Shareholders 5462606664572549091,3171,5311,7581,680

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