Laxmi Goldorna

What does Laxmi Goldorna do?

Laxmi Goldorna House Ltd is a small-cap company in the realty industry, incorporated in 2010 and converted to a public company in 2017. As of March 2025, it reported net sales of 28 Cr and a net profit of 1 Cr, with a market cap of Rs 1,197 Cr.

Overview:<BR>Laxmi Goldorna House Ltd operates in the realty industry and is categorized as a small-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, changing its name to Laxmi Goldorna House Limited on July 25, 2017. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 28 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 1,197 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 127.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.23 <BR>Return on Equity: 14.40% <BR>Price to Book: 18.34 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are in the management team of Laxmi Goldorna?

As of March 2021, the management team of Laxmi Goldorna includes Jayesh Chinubhai Shah (Chairman & Managing Director), Rupalben Jayeshkumar Shah (Whole-time Director), and independent directors Niravbhai Arvindbhai Shah, Manish Mahendrabhai Jain, and Jugal Rajendrakumar Dave, along with Company Secretary Jay Rameshchandra Dholakia. Each member contributes to the company's governance and operations.

As of March 2021, the management team of Laxmi Goldorna includes the following members:<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>Each member plays a significant role in the governance and operational management of the company.

When is the next results date for Laxmi Goldorna?

No Upcoming Board Meetings

Has Laxmi Goldorna declared dividend?

No Dividend History Available

Who are the peers of the Laxmi Goldorna?

Laxmi Goldorna's peers include Nxt-Infra Trust, AGI Infra, Unitech, Omaxe, and others, with varying management risks and growth rates. Laxmi Goldorna has a 1-year return of 155.18%, outperforming AGI Infra's 133.20% and Unitech's -28.13%.

Peers: The peers of Laxmi Goldorna are Nxt-Infra Trust, AGI Infra, Unitech, Omaxe, Arihant Super., Shriram Properti, Suraj Estate, Elpro Internatio, Kesar India, and Arih.Found.Hsg.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kesar India, while Good management risk is found at Suraj Estate, and Average management risk is noted at AGI Infra, Elpro Internatio, and the rest. Growth is Excellent at Kesar India, Good at Laxmi Goldorna and Elpro Internatio, Average at AGI Infra and Suraj Estate, and Below Average at Unitech, Omaxe, Arihant Super., Shriram Properti, and the rest. Capital Structure is Good at AGI Infra, while Below Average is seen at Laxmi Goldorna, Unitech, Omaxe, Arihant Super., Shriram Properti, Suraj Estate, Elpro Internatio, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is AGI Infra at 133.20%, while the lowest is Unitech at -28.13%. Laxmi Goldorna's own 1-year return is 155.18%, which is higher than both. Additionally, Shriram Properti and Suraj Estate have negative six-month returns.

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.

How big is Laxmi Goldorna?

As of 24th July, Laxmi Goldorna House Ltd has a market capitalization of 1,719.00 Cr, with recent net sales of 94.40 Cr and a net profit of 7.61 Cr. The balance sheet for March 2024 shows shareholder's funds of 45.44 Cr and total assets of 107.78 Cr.

As of 24th July, Laxmi Goldorna House Ltd has a market capitalization of 1,719.00 Cr, classifying it as a Small Cap company.<BR><BR>For 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 annual period for the balance sheet is March 2024, showing Shareholder's Funds of 45.44 Cr and Total Assets of 107.78 Cr.

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!

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.

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.

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.

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

Why is Laxmi Goldorna House Ltd falling/rising?

As of 03-Apr, Laxmi Goldorna House Ltd's stock price is rising to 236.87, despite a 19.60% decline over the past month and concerns about its financial health, including a high Debt to EBITDA ratio and reduced investor participation. The stock has shown strong long-term growth but faces challenges that may affect future performance.

As of 03-Apr, Laxmi Goldorna House Ltd's stock price is rising, currently at 236.87, reflecting a change of 2.88 (1.23%) upward. This increase occurs despite the stock's recent performance, which shows a decline of 19.60% over the past month and a year-to-date decrease of 16.55%. However, the stock has demonstrated strong long-term growth, with an impressive annual operating profit growth rate of 49.59% and a remarkable 2080.12% increase over the past three years.<BR><BR>Today's performance aligns with the sector, although the stock is trading below its moving averages across various time frames, indicating a potential short-term weakness. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 91.87% against the five-day average, which could suggest reduced interest from investors.<BR><BR>Despite these challenges, the stock has outperformed the BSE500 over the last three years and generated a 17.10% return in the past year, although profits have decreased by 33.7%. The company's high Debt to EBITDA ratio of 3.91 times raises concerns about its ability to service debt, and the flat results in net sales for the last quarter further complicate its outlook. Furthermore, the lack of domestic mutual fund investment may indicate a lack of confidence in the company's valuation or business prospects.<BR><BR>In summary, while Laxmi Goldorna House Ltd is experiencing a rise in its stock price today, the overall context includes significant concerns regarding its financial health and investor sentiment.

Why is Laxmi Goldorna House Ltd falling/rising?

As of 04-Apr, Laxmi Goldorna House Ltd's stock price is rising to 236.87, driven by strong long-term growth and past performance. However, it faces challenges such as low investor participation and trading below moving averages, indicating mixed signals about its financial health.

As of 04-Apr, Laxmi Goldorna House Ltd's stock price is rising, currently at 236.87, with a change of 2.88 (1.23%) upward. This increase can be attributed to a few key factors. Firstly, the company has demonstrated healthy long-term growth, with an operating profit growth rate of 49.59% annually. Additionally, the stock has consistently outperformed the BSE500 index over the last three years, generating a return of 17.10% in the past year alone.<BR><BR>However, it is important to note that the stock is currently trading below its moving averages across various time frames, indicating a potential weakness in momentum. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 91.87% against the 5-day average, which may suggest a lack of confidence among investors.<BR><BR>Despite these concerns, the stock's rise today may reflect a temporary positive sentiment or reaction to its long-term growth potential, despite the challenges it faces, such as a high Debt to EBITDA ratio of 3.91 times and a recent decline in net sales. Overall, while the stock is experiencing a rise, it is amidst a backdrop of mixed signals regarding its financial health and market perception.

Why is Laxmi Goldorna House Ltd falling/rising?

As of 05-Apr, Laxmi Goldorna House Ltd's stock price is 236.87, showing a slight increase today but trading below key moving averages, indicating a downward trend. Despite a strong annual return, the stock faces challenges such as high debt levels, declining sales, and lack of domestic mutual fund investment, suggesting potential future declines.

As of 05-Apr, Laxmi Goldorna House Ltd's stock price is currently at 236.87, reflecting a change of 2.88 (1.23%) upward. The stock's performance today is inline with the sector; however, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a general downward trend in the stock price over a longer period.<BR><BR>Despite the recent rise, the stock has shown a decline of 19.60% over the past month and a year-to-date decrease of 16.55%. This is contrasted by a strong performance over the last year, where it generated a return of 17.10%, significantly outperforming the BSE500 index. The company has demonstrated healthy long-term growth, with an operating profit growth rate of 49.59% annually and consistent returns over the last three years.<BR><BR>However, there are negative factors influencing the stock's price. The company has a high Debt to EBITDA ratio of 3.91 times, indicating a low ability to service its debt. Additionally, the net sales for the last quarter fell by 6.4% compared to the previous four-quarter average, which could raise concerns among investors. Furthermore, the stock's valuation appears expensive with a ROCE of 14.4 and a 7.5 enterprise value to capital employed ratio, despite trading at a discount compared to its peers' average historical valuations. The lack of investment from domestic mutual funds, holding only 0% of the company, may also reflect a lack of confidence in the stock's current price or business prospects.<BR><BR>In summary, while Laxmi Goldorna House Ltd has seen a slight rise in its stock price today, the overall trend and various financial indicators suggest underlying weaknesses that could lead to further declines in the future.

Which are the latest news on Laxmi Goldorna?