What does Lexus Granito do?

Lexus Granito (India) Ltd is a micro-cap company in the diversified consumer products industry, primarily involved in manufacturing tiles. As of March 2025, it reported net sales of ₹21 Cr and a net profit of ₹1 Cr.

Overview:<BR>Lexus Granito (India) Ltd operates in the diversified consumer products industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally formed as a Partnership Firm named "M/S Vitco Vitrified" in 2008, later converting to a Joint Stock Company as "Vitco Vitrified Private Limited" the same year. The name was changed to "Lexus Granito (India) Private Limited" in 2010. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 21 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: Rs 70 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 32<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 14.90<BR>- Return on Equity: -115.37%<BR>- Price to Book: 16.43<BR><BR>Contact Details:<BR>- Address: Survey No.800 Opp. Lakhdhirpur, Village NH 8A Tal. Morbi Rajkot Gujarat : 363642<BR>- Tel: 91-7567500110<BR>- Email: info@lexustile.com<BR>- Website: http://www.lexustile.com

When is the next results date for Lexus Granito?

No Upcoming Board Meetings

Has Lexus Granito declared dividend?

No Dividend History Available

Who are the peers of the Lexus Granito?

Peers of Lexus Granito include Kajaria Ceramics, Safari Inds., Cera Sanitary, and others. Key insights show excellent management risk at some peers, varied growth rates, and Lexus Granito has a 1-year return of 0.00%, lower than peers like Safari Inds. at 17.91%.

Peers: The peers of the Lexus Granito are Kajaria Ceramics, Safari Inds., Cera Sanitary., V I P Inds., Borosil, Restile Ceramics, Pearl Polymers, Premium Plast, Divyadhan Recy., and Polysil Irrigati.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., Cera Sanitary., Premium Plast, and Divyadhan Recy., while Average management risk is found at V I P Inds. and Pearl Polymers. Good growth is noted at Safari Inds. and Premium Plast, while Below Average growth is seen at Kajaria Ceramics, Cera Sanitary., V I P Inds., Pearl Polymers, and Divyadhan Recy. The Capital Structure is Excellent for Kajaria Ceramics, Safari Inds., Cera Sanitary., and Borosil, while Below Average Capital Structure is found at V I P Inds., Pearl Polymers, and Lexus Granito, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Safari Inds. at 17.91%, while the lowest is V I P Inds. at -24.30%. Lexus Granito's 1-year return is 0.00%, which is lower than both of these peers. Additionally, peers with negative six-month returns include V I P Inds., Borosil, Restile Ceramics, Pearl Polymers, and Lexus Granito.

What is the technical trend for Lexus Granito?

As of June 3, 2025, Lexus Granito's trend is mildly bearish, influenced by daily moving averages and weekly Bollinger Bands, while mixed signals from the MACD and RSI suggest a cautious approach.

As of 3 June 2025, the technical trend for Lexus Granito has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment and the weekly Bollinger Bands also reflecting a mildly bearish outlook. The MACD shows a mildly bullish trend on the weekly timeframe, but remains bearish on the monthly, which adds to the mixed signals. The RSI on the weekly timeframe shows no signal, while the monthly RSI is bullish, indicating potential divergence. Overall, the indicators suggest a cautious approach, with the strength of the bearish trend being moderate.

Who are in the management team of Lexus Granito?

As of March 2020, the management team of Lexus Granito includes Babulal Detroja (Chairman & Wholetime Director), Hitesh Detroja, Anilkumar Detroja (Managing Director), Parulben Detroja, Jitendrabhai Chandulal Lakhtariya, Rakesh Jayantilal Amrutiya, Sagarbhai Rasikbhai Jasani (Independent Directors), and Kirti Goyal (Company Secretary). These individuals are responsible for the company's governance and management.

As of March 2020, the management team of Lexus Granito includes the following individuals:<BR><BR>1. Babulal Detroja - Chairman & Wholetime Director<BR>2. Hitesh Detroja - Whole-time Director<BR>3. Anilkumar Detroja - Managing Director<BR>4. Parulben Detroja - Whole-time Director<BR>5. Jitendrabhai Chandulal Lakhtariya - Independent Director<BR>6. Rakesh Jayantilal Amrutiya - Independent Director<BR>7. Sagarbhai Rasikbhai Jasani - Additional Independent Director<BR>8. Kirti Goyal - Company Secretary<BR><BR>These individuals play key roles in the governance and management of the company.

Who are the top shareholders of the Lexus Granito?

The top shareholders of Lexus Granito are Pavan Blockrock Private Limited with 27.49%, Sainathkripa Commercial at 14.26%, and individual investors holding 19.41%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of Lexus Granito include Pavan Blockrock Private Limited, which holds the highest stake at 27.49%. Following that, Sainathkripa Commercial is the highest public shareholder with a holding of 14.26%. Additionally, individual investors collectively own 19.41% of the company. There are no mutual funds or foreign institutional investors currently holding shares in Lexus Granito.

How big is Lexus Granito?

As of 23rd July, Lexus Granito (India) Ltd has a market capitalization of 69.00 Cr and reported net sales of 75.25 Cr with a net loss of 5.03 Cr over the latest four quarters. Shareholder's funds are valued at 9.32 Cr, and total assets amount to 120.30 Cr.

As of 23rd July, <BR><BR>Market Cap: Lexus Granito (India) Ltd has a market capitalization of 69.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest four quarters is 75.25 Cr, while the sum of Net Profit for the same period reflects a loss of 5.03 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds are valued at 9.32 Cr, and Total Assets amount to 120.30 Cr.

Is Lexus Granito overvalued or undervalued?

As of September 23, 2025, Lexus Granito is considered overvalued with a negative PE ratio of -58.47 and a high Price to Book Value of 13.41, reflecting significant profitability concerns and a year-to-date stock decline of 31.39%, contrasting unfavorably with peers like Kajaria Ceramics and L T Foods.

As of 23 September 2025, the valuation grade for Lexus Granito has moved from fair to expensive, indicating a shift in its market perception. The company is currently overvalued, as evidenced by its negative PE ratio of -58.47, a high Price to Book Value of 13.41, and an EV to EBIT ratio of 45.71. These figures suggest significant concerns regarding profitability and valuation relative to its assets.<BR><BR>In comparison to its peers, Lexus Granito's valuation metrics stand out unfavorably. For instance, Kajaria Ceramics has a PE ratio of 55.47 and an EV to EBITDA of 29.15, while L T Foods, rated very attractive, has a PE of 24.28 and EV to EBITDA of 16.14. The stark contrast in these ratios highlights Lexus Granito's overvaluation in the current market context. Additionally, the company's recent stock performance has been disappointing, with a year-to-date decline of 31.39%, significantly underperforming the Sensex, which has gained 6.45% in the same period.

How has been the historical performance of Lexus Granito?

Lexus Granito has experienced a decline in net sales and profitability, with net sales dropping from 139.18 Cr in Mar'22 to 75.25 Cr in Mar'25, resulting in significant losses and negative cash flow in the most recent fiscal year. The company faces challenges in managing costs and maintaining profitability.

Answer:<BR>The historical performance of Lexus Granito shows a declining trend in net sales and profitability over the past few years, culminating in significant losses in the most recent fiscal year.<BR><BR>Breakdown:<BR>Lexus Granito's net sales have decreased from 139.18 Cr in Mar'22 to 75.25 Cr in Mar'25, reflecting a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 139.18 Cr in Mar'22 to 75.25 Cr in Mar'25. The company has faced increasing raw material costs, which peaked at 29.80 Cr in Mar'19 but have since fluctuated, reaching 15.55 Cr in Mar'25. Operating profit (PBDIT) has also seen a decline, moving from a profit of 25.63 Cr in Mar'22 to a loss of 5.47 Cr in Mar'25. This trend is mirrored in the profit after tax, which fell from a profit of 13.39 Cr in Mar'22 to a loss of 5.03 Cr in Mar'25. The company's total liabilities have remained relatively stable, increasing slightly from 120.30 Cr in Mar'24 to 121.40 Cr in Mar'25, while total assets have also seen a slight increase from 120.30 Cr to 121.40 Cr in the same period. Cash flow from operating activities has turned negative, showing a cash outflow of 3.00 Cr in Mar'25, compared to a positive inflow of 11.00 Cr in Mar'24. Overall, Lexus Granito's financial performance indicates significant challenges, particularly in maintaining profitability and managing costs.

Should I buy, sell or hold Lexus Granito?

Why is Lexus Granito falling/rising?

As of 18-Dec, Lexus Granito (India) Ltd's stock is at 26.21, down 4.13%, significantly underperforming against benchmarks with a year-to-date decline of 37.86%. The company faces high debt levels and weak profitability metrics, indicating a bearish trend and concerns about its financial health.

As of 18-Dec, Lexus Granito (India) Ltd's stock price is falling, currently at 26.21, which reflects a decrease of 1.13 or 4.13%. The stock has underperformed significantly against the benchmark, with a one-week decline of 1.72% compared to the Sensex's 0.32% drop, and a year-to-date decline of 37.86% against the Sensex's gain of 9.18%. <BR><BR>The stock is trading lower than its moving averages across various periods, indicating a bearish trend. Additionally, it is close to its 52-week low, being only 4.24% away from the low of Rs 25.1. Despite a rise in investor participation, with delivery volume increasing by 59.89% on December 17, the overall performance remains weak, having underperformed its sector by 2.72% today.<BR><BR>The company's financial health is concerning, characterized by a high debt-to-equity ratio of 14.9 times and a debt-to-EBITDA ratio of 6.18 times, which suggests a low ability to service its debt. Although there were positive results in net sales and profit after tax in the latest quarter, the stock's long-term fundamentals are weak, as evidenced by a return on capital employed (ROCE) of -2.2 and a low average return on equity of 8.43%. <BR><BR>Overall, the consistent underperformance against benchmarks over the last three years, combined with high debt levels and weak profitability metrics, contributes to the stock's decline.

Which are the latest news on Lexus Granito?