Lexus Granito

Why is Lexus Granito (India) Ltd falling/rising?

As of 20-Jun, Lexus Granito (India) Ltd's stock price is at 15.85, down 2.88%, with a year-to-date decline of 39.27% and a 52.66% drop over the past year. The company faces significant financial challenges, including operating losses, declining sales, and a high debt-to-equity ratio, leading to reduced investor interest and ongoing stock price decline.

As of 20-Jun, Lexus Granito (India) Ltd's stock price is falling, currently at 15.85, reflecting a change of -0.47 or -2.88%. The stock has underperformed its sector by 4.42% today and has shown a significant decline in performance over the past month, with a decrease of 15.47%. Year-to-date, the stock has dropped by 39.27%, and over the past year, it has experienced a substantial decline of 52.66%. <BR><BR>The company's financial health is concerning, as it has reported operating losses and a weak long-term fundamental strength. Net sales have decreased at an annual rate of 15.25%, and operating profit has also declined by 15.90% over the last five years. Additionally, the company has a high debt-to-equity ratio of 6.89 times, indicating financial instability.<BR><BR>Recent financial results have further exacerbated the situation, with a profit before tax (PBT) of -4.00 crore, a fall of 1181.08%, and a profit after tax (PAT) of -0.65 crore, down by 225.0%. The net sales for the quarter were the lowest at 11.54 crore, and the company recorded a negative EBITDA of -0.98 crore. <BR><BR>Investor participation has also declined, with delivery volume falling by 43.76% against the 5-day average, indicating reduced interest in the stock. Overall, the consistent underperformance against benchmarks, coupled with poor financial results and high debt, contributes to the ongoing decline in the stock price of Lexus Granito (India) Ltd.

Which are the latest news on Lexus Granito?

What does Lexus Granito do?

Lexus Granito (India) Ltd is a micro-cap company in the diversified consumer products industry, originally established in 2008 and specializing in vitrified tiles. As of March 2026, it reported net sales of 12 Cr and a net loss of 1 Cr, with a market cap of 32 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" on May 8, 2008. The name was changed to "Lexus Granito (India) Private Limited" on June 26, 2010. The most recent quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 12 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -1 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 32 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 30<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 3.05<BR>- Return on Equity: -13.43%<BR>- Price to Book: 1.77<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

How big is Lexus Granito?

As of 10th June, Lexus Granito (India) Ltd has a market capitalization of 32.00 Cr, with recent net sales of 61.89 Cr and a net profit of 1.05 Cr. The company reported shareholder's funds of 4.36 Cr and total assets of 121.40 Cr for the annual period ending March 2025.

As of 10th June, Lexus Granito (India) Ltd has a market capitalization of 32.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Lexus Granito reported Net Sales of 61.89 Cr and a Net Profit of 1.05 Cr.<BR><BR>For the latest annual period ending March 2025, the company had Shareholder's Funds of 4.36 Cr and Total Assets amounting to 121.40 Cr.

Who are in the management team of Lexus Granito?

The management team of Lexus Granito includes Babulal Detroja (Chairman & Wholetime Director), Hitesh Detroja, Anilkumar Detroja (Managing Director), Parulben Detroja, and several independent directors, along with Kirti Goyal as Company Secretary. They oversee the company's operations and strategic direction.

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>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Lexus Granito?

Peers of the Lexus Granito include Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Madhav Marbles, Pearl Polymers, Medistep Health., SPP Polymer, Ahimsa Industrie, and Amin Tannery. Lexus Granito has a 1-year return of -57.73%, better than Oriental Trimex's -58.55%, while Medistep Health. and Ahimsa Industrie are the only peers with positive returns.

Peers: The peers of the Lexus Granito are Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Madhav Marbles, Pearl Polymers, Medistep Health., SPP Polymer, Ahimsa Industrie, and Amin Tannery.<BR><BR>Quality Snapshot: Excellent management risk is observed at Medistep Health., while Below Average management risk is found at Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Madhav Marbles, Lexus Granito, Pearl Polymers, SPP Polymer, Ahimsa Industrie, and Amin Tannery. Growth is Excellent at Medistep Health., while Below Average growth is noted for Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Madhav Marbles, Lexus Granito, Pearl Polymers, SPP Polymer, Ahimsa Industrie, and Amin Tannery. Good capital structure is seen at Medistep Health., while Below Average capital structure is present at Oriental Trimex, Archies, A B M Internatl., Aro Granite Inds, Madhav Marbles, Lexus Granito, Pearl Polymers, SPP Polymer, Ahimsa Industrie, and Amin Tannery.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ahimsa Industrie at 11.76%, while the peer with the lowest is Oriental Trimex at -58.55%. Lexus Granito's own 1-year return is -57.73%, which is slightly better than Oriental Trimex. Additionally, all peers except Medistep Health. and Ahimsa Industrie have negative six-month returns.

Should I buy, sell or hold Lexus Granito (India) Ltd?

Are Lexus Granito (India) Ltd latest results good or bad?

Lexus Granito (India) Ltd's latest results are concerning, showing a 44.97% decline in net sales and a net loss of ₹0.65 crores, indicating significant financial distress and an unprofitable core business. The company's high debt-to-equity ratio further raises concerns about its operational viability and financial health.

The latest results for Lexus Granito (India) Ltd are concerning and indicate significant financial distress. In the quarter ending March 2026, the company reported net sales of ₹11.54 crores, which reflects a staggering decline of 44.97% year-on-year and marks the lowest revenue in seven quarters. Additionally, the operating profit margin, excluding other income, was negative at -7.63%, highlighting that the core business is unprofitable and burning cash.<BR><BR>The company also posted a net loss of ₹0.65 crores, a drastic drop of 225% compared to the previous year. This decline in profitability, coupled with a high debt-to-equity ratio of 14.90 times, raises serious questions about the company's operational viability and financial health.<BR><BR>Overall, the financial performance suggests that Lexus Granito is in a downward spiral, with collapsing revenues, negative operating margins, and a balance sheet under severe strain. Given these factors, the results can be characterized as bad, and the outlook appears bleak for the company moving forward.

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.

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.

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.

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.

When is the next results date for Lexus Granito?

No Upcoming Board Meetings

Has Lexus Granito declared dividend?

No Dividend History Available