Laxmi Goldorna

Why is Laxmi Goldorna House Ltd falling/rising?

As of 24-Aug, Laxmi Goldorna House Ltd's stock price is rising to 178.20, but it has declined significantly over the past month and year. The stock's long-term performance is weak, with concerns over fundamentals and investor confidence, indicating that the recent increase may not be sustainable.

As of 24-Aug, Laxmi Goldorna House Ltd's stock price is rising, currently at 178.20, reflecting a change of 2.26 (1.28%) upward. This rise is notable as the stock has outperformed its sector by 0.86% today. However, it is essential to consider the broader context of the stock's performance. Over the past month, the stock has declined by 12.61%, and year-to-date, it has fallen by 37.22%. <BR><BR>Despite today's increase, the stock is still trading below its longer-term moving averages, indicating a weaker performance over time. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 71.41% against the 5-day average, suggesting a lack of confidence among investors. <BR><BR>The company's fundamentals also raise concerns, with a weak long-term growth rate in operating profits and a high debt-to-EBITDA ratio, indicating challenges in servicing debt. Furthermore, the stock has generated a return of -37.46% over the past year, with profits plummeting by 84.8%. The low return on equity and the absence of domestic mutual fund investment further highlight the lack of confidence in the company's prospects.<BR><BR>In summary, while Laxmi Goldorna House Ltd's stock is experiencing a short-term rise, the overall trend and fundamental weaknesses suggest that this may not be sustainable in the long run.

Which are the latest news on Laxmi Goldorna?

Should I buy, sell or hold Laxmi Goldorna House Ltd?

Who are in the management team of Laxmi Goldorna?

The management team of Laxmi Goldorna includes Jayesh Chinubhai Shah (Chairman & Managing Director), Rupalben Jayeshkumar Shah (Whole-time Director), and four Independent Directors: Niravbhai Arvindbhai Shah, Manish Mahendrabhai Jain, and Jugal Rajendrakumar Dave, along with Jay Rameshchandra Dholakia as Company Secretary.

The management team of Laxmi Goldorna includes the following individuals:<BR><BR>1. **Jayesh Chinubhai Shah** - Chairman & Managing Director<BR>2. **Rupalben Jayeshkumar Shah** - Whole-time Director<BR>3. **Niravbhai Arvindbhai Shah** - Independent Director<BR>4. **Manish Mahendrabhai Jain** - Independent Director<BR>5. **Jugal Rajendrakumar Dave** - Independent Director<BR>6. **Jay Rameshchandra Dholakia** - Company Secretary<BR><BR>If you need more information about their roles or the company, feel free to ask!

What does Laxmi Goldorna do?

Laxmi Goldorna House Ltd operates in the gold jewellery sector as a Micro Cap company, with recent net sales of 27 Cr and a net profit of -6 Cr as of March 2026. It was incorporated in 2010 and became a public company in 2017.

Overview:<BR>Laxmi Goldorna House Ltd operates in the gold jewellery and ornaments sector within the Realty industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated as a Private Limited Company on January 07, 2010, in Gujarat, and was later converted into a Public Limited Company on July 25, 2017. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 27 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -6 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 1,020 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 129.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.51 <BR>Return on Equity: 3.57% <BR>Price to Book: 14.21 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the peers of the Laxmi Goldorna?

Laxmi Goldorna's peers include Omaxe, Shriram Properties, Arihant Super, Unitech, Arihant Foundation Housing, Suraj Estate, PVP Ventures, GeeCee Ventures, and Modi's Navnirman. Laxmi Goldorna has average management risk, below average growth, and a 1-year return of -32.22%.

Peers: The peers of Laxmi Goldorna are Omaxe, Shriram Properti, Arihant Super., Unitech, Arih.Found.Hsg., Suraj Estate, PVP Ventures, GeeCee Vent., and Modi's Navnirman.<BR><BR>Quality Snapshot: Below Average management risk is observed at Omaxe, Shriram Properti, Unitech, and PVP Ventures, while Average management risk is found at Laxmi Goldorna, Suraj Estate, Arihant Super., GeeCee Vent., and Modi's Navnirman. Excellent growth is noted at Arih.Found.Hsg. and Modi's Navnirman, while Below Average growth is seen at Omaxe, Shriram Properti, Unitech, Arihant Super., Laxmi Goldorna, Suraj Estate, and PVP Ventures. Average capital structure is present at Suraj Estate and GeeCee Vent., while Below Average capital structure is found at Omaxe, Shriram Properti, Unitech, Laxmi Goldorna, PVP Ventures, and Arihant Super.<BR><BR>Return Snapshot: PVP Ventures has the highest 1-year return at 91.59%, while Arihant Super. has the lowest at -39.99%. Laxmi Goldorna's 1-year return of -32.22% is better than Arihant Super.'s but worse than PVP Ventures'. Additionally, Omaxe, Shriram Properti, Unitech, and Laxmi Goldorna have negative six-month returns.

How big is Laxmi Goldorna?

As of 14th August, Laxmi Goldorna House Ltd has a market capitalization of 917.19 Cr, with recent net sales of 94.40 Cr and a net profit of 7.61 Cr.

As of 14th August, Laxmi Goldorna House Ltd has a market capitalization of 917.19 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, Laxmi Goldorna reported Net Sales of 94.40 Cr and a Net Profit of 7.61 Cr.<BR><BR>The latest reporting period for the balance sheet is March 2025, showing Shareholder's Funds of 65.02 Cr and Total Assets of 180.67 Cr.

How has been the historical performance of Laxmi Goldorna?

Laxmi Goldorna's performance saw a significant decline in net sales from 201.93 crore in March 2024 to 87.82 crore in March 2025, despite an increase in operating profit margin to 25.58%. Total liabilities rose to 180.67 crore, and cash flow from operating activities worsened to -44.00 crore.

Answer:<BR>The historical performance of Laxmi Goldorna shows significant changes between the fiscal years ending March 2024 and March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Laxmi Goldorna reported net sales of 87.82 crore, a substantial decline from 201.93 crore in March 2024. Total operating income mirrored this trend, dropping to 87.82 crore from 201.93 crore. The company's total expenditure, excluding depreciation, decreased to 65.36 crore from 184.63 crore, primarily due to a notable reduction in raw material costs, which rose to 101.27 crore from 96.78 crore, and a significant decrease in stock changes, which shifted from an increase of 81.67 crore to a decrease of 40.66 crore. Operating profit (PBDIT) increased to 22.65 crore from 17.44 crore, leading to an operating profit margin that improved to 25.58% from 8.57%. Profit before tax rose to 13.91 crore from 13.00 crore, and profit after tax increased to 10.56 crore from 9.48 crore, resulting in a PAT margin of 12.02%, up from 4.69%. On the balance sheet, total liabilities grew to 180.67 crore from 107.78 crore, with long-term borrowings increasing to 70.32 crore from 42.36 crore. Total current assets also rose to 160.03 crore from 99.94 crore, while total debt increased to 102.07 crore from 52.78 crore. The book value per share improved to 31.15 from 21.77. Cash flow from operating activities worsened to -44.00 crore from -8.00 crore, indicating a challenging cash flow situation despite positive cash flow from financing activities of 40.00 crore, up from 16.00 crore.

Is Laxmi Goldorna technically bullish or bearish?

As of November 24, 2025, Laxmi Goldorna's technical trend is mildly bullish, supported by daily moving averages and monthly MACD, despite some caution from weekly indicators.

As of 24 November 2025, the technical trend for Laxmi Goldorna has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the monthly MACD supports a bullish outlook. However, the weekly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands show a mixed signal with a mildly bearish weekly view and a mildly bullish monthly perspective. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and the monthly MACD, despite some bearish signals in the weekly indicators.

Is Laxmi Goldorna overvalued or undervalued?

As of October 10, 2025, Laxmi Goldorna is considered very expensive with a PE ratio of 175.09 and significantly higher valuation metrics compared to peers like DLF and Lodha Developers, indicating it is overvalued despite a strong year-to-date return of 52.44%.

As of 10 October 2025, Laxmi Goldorna's valuation grade has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 175.09, a Price to Book Value of 28.36, and an EV to EBITDA ratio of 78.48. These ratios highlight a substantial premium over typical industry benchmarks.<BR><BR>In comparison to its peers, Laxmi Goldorna's valuation metrics are strikingly high. For instance, DLF has a PE ratio of 38.29 and an EV to EBITDA of 81.41, while Lodha Developers shows a PE of 38.89 and an EV to EBITDA of 28.43. This stark contrast suggests that Laxmi Goldorna is not only overvalued relative to its peers but also reflects a market sentiment that may not be sustainable. Despite a remarkable year-to-date return of 52.44% compared to the Sensex's 6.94%, the current valuation appears excessive given the underlying financial ratios.

What is the bonus history of Laxmi Goldorna?

Laxmi Goldorna recently announced a 7:5 bonus issue, with an ex-date of October 10, 2025, meaning shareholders on record by this date will receive additional shares in that ratio.

Laxmi Goldorna has a recent bonus issue where they announced a 7:5 bonus. The ex-date for this bonus is set for October 10, 2025. This means that shareholders on record as of this date will receive additional shares in the specified ratio. If you have any more questions about the company or its financial activities, feel free to ask!

Who are the top shareholders of the Laxmi Goldorna?

The top shareholder of Laxmi Goldorna is Rupalben Jayeshkumar Shah, holding 34.69%, with no pledged promoter holdings. The highest public shareholder is Renuka Pravinchandra Shah at 2.41%, while individual investors collectively own 22.14% of the shares.

The top shareholders of Laxmi Goldorna primarily consist of promoters, with Rupalben Jayeshkumar Shah holding the largest share at 34.69%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Renuka Pravinchandra Shah, who owns 2.41%. Additionally, individual investors collectively hold 22.14% of the shares.

When is the next results date for Laxmi Goldorna?

No Upcoming Board Meetings

Has Laxmi Goldorna declared dividend?

No Dividend History Available