Laxmi Goldorna

Why is Laxmi Goldorna House Ltd falling/rising?

As of 12-Jun, Laxmi Goldorna House Ltd's stock price is 226.62, showing a slight increase of 0.79%. However, the stock has significantly declined over various periods, with a year-to-date drop of 20.16% and a bearish trend indicated by underperformance against its sector and low investor confidence.

As of 12-Jun, Laxmi Goldorna House Ltd's stock price is currently at 226.62, reflecting a change of 1.77 (0.79%) upward. However, despite this slight increase, the stock has been experiencing a significant decline over various periods. Over the past week, the stock has fallen by 6.08%, and in the last month, it has decreased by 6.18%. Year-to-date, the stock is down 20.16%, and over the past year, it has declined by 15.97%. <BR><BR>The stock is currently trading close to its 52-week low, just 2.77% above the low of Rs 220.35. Additionally, it has underperformed its sector by 2.61% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a bearish trend in the stock's performance.<BR><BR>Investor participation has also decreased significantly, with delivery volume falling by 70.87% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors. Furthermore, the company is facing operational challenges, including high debt levels relative to its earnings, as indicated by a Debt to EBITDA ratio of 6.59 times. The recent financial results show substantial losses, with a profit before tax of Rs -5.71 crore and a profit after tax of Rs -6.33 crore, both reflecting significant declines compared to previous quarters.<BR><BR>Moreover, the company's return on equity is low at 8.98%, and its return on capital employed is also modest at 9.2%. The stock is trading at a discount compared to its peers, but the lack of domestic mutual fund investment, which stands at 0%, suggests that institutional investors are not confident in the company's prospects. Overall, while there is a minor uptick in the stock price today, the broader context indicates a persistent decline driven by weak fundamentals and negative market sentiment.

Which are the latest news on Laxmi Goldorna?

What does Laxmi Goldorna do?

Laxmi Goldorna House Ltd is a Micro Cap company engaged in wholesale and retail trading of gold jewellery, incorporated in 2010 and converted to a public company in 2017. As of March 2026, it reported net sales of 27 Cr and a net loss of 6 Cr, with a market cap of INR 1,167 Cr.

Overview:<BR>Laxmi Goldorna House Ltd is engaged in the wholesale and retail trading of gold jewellery and ornaments, operating within the Realty industry and classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 2010 as "Laxmi Goldorna House Private Limited" in Gujarat and later converted to a Public Limited Company on July 25, 2017. The latest quarterly results reported net sales and net 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 1,167 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 150.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.51 <BR>Return on Equity: 3.57% <BR>Price to Book: 16.52 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Laxmi Goldorna?

As of 10th June, Laxmi Goldorna House Ltd has a market capitalization of 1,167.00 Cr, with Net Sales of 94.40 Cr and a Net Profit of 7.61 Cr reported in the latest four quarters. The company has Shareholder's Funds of 65.02 Cr and Total Assets of 180.67 Cr for the annual period ending March 2025.

As of 10th June, Laxmi Goldorna House Ltd has a market capitalization of 1,167.00 Cr, categorizing it 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>For the latest annual period ending in March 2025, the company had Shareholder's Funds amounting to 65.02 Cr and Total Assets of 180.67 Cr.

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 details about any specific member or their roles, feel free to ask!

Who are the peers of the Laxmi Goldorna?

Laxmi Goldorna's peers include Arkade, Omaxe, Shriram Properti, Unitech, and others, with average management risk and a 1-year return of -15.83%. PVP Ventures leads with a 33.35% return, while Unitech has the lowest at -49.74%.

Peers: The peers of Laxmi Goldorna are Arkade, Omaxe, Shriram Properti, Unitech, Arihant Super., Arih.Found.Hsg., Suraj Estate, PVP Ventures, and B-Right Real.<BR><BR>Quality Snapshot: Excellent management risk is observed at Arkade and Meghna Infracon, while Average management risk is found at Laxmi Goldorna, Arihant Super., and Suraj Estate. Below Average management risk is present at Omaxe, Shriram Properti, Unitech, Arih.Found.Hsg., PVP Ventures, and B-Right Real. Growth is Excellent at Arih.Found.Hsg., Average at Arihant Super. and Laxmi Goldorna, and Below Average at Arkade, Omaxe, Shriram Properti, Unitech, Suraj Estate, PVP Ventures, and B-Right Real. Capital Structure is Excellent at Arkade and Meghna Infracon, Below Average at Laxmi Goldorna, Arihant Super., Arih.Found.Hsg., Omaxe, Shriram Properti, Unitech, PVP Ventures, and B-Right Real, and Average at Suraj Estate.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PVP Ventures at 33.35%, while the lowest is Unitech at -49.74%. Laxmi Goldorna's 1-year return is -15.83%, which is better than Unitech but worse than PVP Ventures. Additionally, the six-month return is negative for Arkade, Shriram Properti, Unitech, Arihant Super., Suraj Estate, and Meghna Infracon.

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

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