Lexus Granito

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.

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

Lexus Granito (India) Ltd's latest results show strong revenue growth of 27.23% to ₹22.10 crores, but a significant 40.32% decline in net profit and a high debt-to-equity ratio of 14.90 times raise concerns about its financial health. Overall, the results indicate more challenges than positives for investors.

Lexus Granito (India) Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year revenue growth of 27.23%, reaching ₹22.10 crores, which is the highest quarterly revenue in recent history. This indicates a recovery in demand within the vitrified tiles segment. However, the net profit for Q2 FY26 was ₹0.37 crores, reflecting a sharp decline of 40.32% compared to the previous quarter. <BR><BR>Additionally, the operating margin has contracted to 11.86% from 17.35% in the prior quarter, indicating deteriorating operational efficiency despite the increase in sales. The company's debt-to-equity ratio is alarmingly high at 14.90 times, raising concerns about its long-term financial sustainability. <BR><BR>Overall, while there are positive signs in terms of revenue growth, the significant drop in profitability and high debt levels suggest that the results are more concerning than favorable. Investors should be cautious, as the company faces substantial operational and financial challenges.

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

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

As of 03-Apr, Lexus Granito (India) Ltd's stock price is declining, currently at Rs. 22.27, reflecting a significant drop due to high debt levels and poor financial performance, including a 28.33% decrease in net sales and a profit after tax decline of 5950%. The stock has underperformed the benchmark, indicating ongoing financial challenges.

As of 03-Apr, Lexus Granito (India) Ltd's stock price is falling, currently at Rs. 22.27, which represents a decrease of Rs. 1.17 or 4.99%. This decline is reflected in the stock's performance over various periods, with a significant drop of 18.48% over the past week and 40.36% over the past month. The stock has also reached a new 52-week low today, indicating a persistent downward trend.<BR><BR>Several factors contribute to this decline. The company is facing high debt levels, with a Debt-Equity Ratio of 14.9 times, which indicates a weak long-term fundamental strength. Additionally, the company's ability to service its debt is low, as evidenced by a high Debt to EBITDA ratio of 9.86 times. Financial performance metrics show a concerning trend, with net sales falling by 28.33% to Rs. 13.71 crore and a staggering decline in profit after tax (PAT) to Rs. -4.68 crore, a drop of 5950.0%. The company has also recorded negative operating profits, with an EBIT of Rs. -3.52 crore.<BR><BR>Moreover, the stock has consistently underperformed against the benchmark, generating a return of -32.29% over the past year while the BSE500 has shown a much smaller decline of 2.65%. This consistent underperformance over the last three years further highlights the stock's riskiness and the challenges the company faces in improving its financial standing. Overall, these factors collectively explain the ongoing decline in Lexus Granito (India) Ltd's stock price.

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

As of 04-Apr, Lexus Granito (India) Ltd's stock price has fallen to Rs. 22.27, marking a new 52-week low and reflecting significant underperformance with a 1-week decline of 18.48% and a 1-month decline of 40.36%. The company's poor financial health, indicated by a high debt-to-equity ratio and substantial losses, suggests it is a risky investment with weak long-term fundamentals.

As of 04-Apr, Lexus Granito (India) Ltd's stock price is falling, currently at Rs. 22.27, which reflects a decrease of Rs. 1.17 or 4.99%. This decline is significant as it marks a new 52-week low for the stock. The company's performance over various periods shows a consistent underperformance, with a 1-week decline of 18.48% and a 1-month decline of 40.36%, compared to the Sensex, which fell only 2.55% and 8.66% respectively during the same periods.<BR><BR>The stock is trading below all its moving averages, indicating a bearish trend. Additionally, the company's financial health is concerning, highlighted by a high debt-to-equity ratio of 14.9 times and a low ability to service its debt, evidenced by a debt-to-EBITDA ratio of 9.86 times. The latest quarterly results show a significant drop in net sales by 28.33% and a staggering fall in profit after tax by 5950.0%, resulting in a negative EBIT of Rs. -3.52 crore.<BR><BR>Moreover, the stock has underperformed against benchmarks consistently over the last three years, generating a return of -32.29% in the past year while the BSE500 index has shown more stability. These factors collectively contribute to the stock's decline, making it a risky investment with weak long-term fundamental strength.

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

As of 05-Apr, Lexus Granito (India) Ltd's stock price is Rs. 22.27, down 4.99%, reflecting significant declines over various periods and concerning financial health with a high Debt-Equity Ratio and low sales and profit figures. The stock is trading below key moving averages and has reached a new 52-week low, indicating a negative sentiment and persistent underperformance.

As of 05-Apr, Lexus Granito (India) Ltd is experiencing a decline in its stock price, currently at Rs. 22.27, which reflects a change of -1.17 or -4.99%. This drop is part of a broader trend, as the stock has underperformed significantly over various periods, including a 1-week decline of -18.48% and a 1-month decline of -40.36%. <BR><BR>The company's financial health is concerning, highlighted by a high Debt-Equity Ratio of 14.9 times, indicating substantial debt levels relative to equity. This situation is compounded by a low ability to service this debt, evidenced by a Debt to EBITDA ratio of 9.86 times. Furthermore, the company's net sales have fallen by -28.33%, and its profit after tax has plummeted by -5950.0%, resulting in a negative EBIT of Rs. -3.52 crore. <BR><BR>Additionally, the stock is trading below all key moving averages, suggesting a persistent downward trend. The stock has also reached a new 52-week low today, further indicating its struggles. With a consistent underperformance against benchmarks like the Sensex and BSE500 over the last three years, the overall sentiment around Lexus Granito remains negative, contributing to its falling stock price.

Which are the latest news on Lexus Granito?