Share Price and Basic Stock Data

Last Updated: November 22, 2024, 9:59 pm

Market Cap	92.6 Cr.
Current Price	45.9
High / Low	56.7/31.6
Stock P/E
Book Value	1.85
Dividend Yield	0.00 %
ROCE	12.6 %
ROE	105 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Lexus Granito (India) Ltd

Competitors of Lexus Granito (India) Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Exxaro Tiles Ltd	405 Cr.	90.6	126/76.0		60.9	0.00 %	4.54 %	0.72 %	10.0
Carysil Ltd	2,121 Cr.	746	1,151/721	33.4	174	0.27 %	17.1 %	17.6 %	2.00
Somany Ceramics Ltd	2,629 Cr.	641	873/561	33.0	180	0.47 %	14.4 %	12.9 %	2.00
Orient Bell Ltd	475 Cr.	324	447/300	708	214	0.15 %	0.97 %	0.34 %	10.0
Nitco Ltd	850 Cr.	118	127/26.8		82.2	0.00 %	14.0 %	%	10.0
Industry Average	3,943.56 Cr	1,025.42		150.07	198.15	0.38%	11.55%	19.42%	7.00

All Competitor Stocks of Lexus Granito (India) Ltd

Quarterly Result

Month	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	20.37	16.76	26.87	37.68	31.57	31.85	26.55
Expenses	19.49	12.01	26.23	35.97	31.47	29.09	26.65
Operating Profit	0.88	4.75	0.64	1.71	0.10	2.76	-0.10
OPM %	4.32%	28.34%	2.38%	4.54%	0.32%	8.67%	-0.38%
Other Income	0.08	0.48	0.08	0.46	0.10	0.38	0.23
Interest	0.73	1.04	1.36	1.10	0.97	1.46	1.12
Depreciation	2.37	2.26	4.32	4.38	2.55	2.60	2.55
Profit before tax	-2.14	1.93	-4.96	-3.31	-3.32	-0.92	-3.54
Tax %	-2.80%	88.60%	-1.41%	-2.11%	-4.52%	-16.30%	-9.89%
Net Profit	-2.20	0.22	-5.03	-3.38	-3.47	-1.07	-3.89
EPS in Rs	-1.15	0.11	-2.62	-1.76	-1.81	-0.56	-1.93

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	35	63	59	80	101	165	181	134	100	101	138	101	128
Expenses	32	54	50	68	88	146	150	118	86	135	124	96	123
Operating Profit	2	10	9	13	14	19	31	16	14	-34	14	5	4
OPM %	7%	15%	15%	16%	13%	12%	17%	12%	14%	-33%	10%	5%	4%
Other Income	0	0	1	1	1	4	3	6	3	0	11	1	1
Interest	2	4	4	4	4	5	9	8	8	6	6	4	5
Depreciation	3	5	5	6	6	10	14	13	11	9	8	13	12
Profit before tax	-2	0	1	3	5	8	11	1	-1	-49	11	-12	-11
Tax %	-31%	-881%	41%	33%	34%	18%	36%	36%	-68%	1%	-8%	-2%
Net Profit	-3	2	0	2	3	7	7	0	-2	-49	12	-12	-12
EPS in Rs	-4.29	2.24	0.46	2.91	3.21	4.89	3.65	0.17	-0.97	-25.36	6.03	-6.16	-6.06
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2012-2013	2013-2014	2015-2016	2016-2017	2017-2018	2018-2019	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	166.67%	-100.00%	50.00%	133.33%	0.00%	-100.00%	-2350.00%	124.49%	-200.00%
Change in YoY Net Profit Growth (%)	0.00%	-266.67%	150.00%	83.33%	-133.33%	-100.00%	-2250.00%	2474.49%	-324.49%

Lexus Granito (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	-3%
3 Years:	5%
TTM:	-30%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	19%
TTM:	-34%

Stock Price CAGR
10 Years:	%
5 Years:	40%
3 Years:	46%
1 Year:	15%

Return on Equity
10 Years:	-14%
5 Years:	-40%
3 Years:	-31%
Last Year:	-105%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	7	7	7	10	13	19	19	19	19	19	19	20
Reserves	6	6	8	11	24	49	49	48	-1	13	1	-11
Borrowings	35	31	31	55	81	68	64	64	67	59	69	58
Other Liabilities	22	16	13	22	49	71	55	54	59	61	66	53
Total Liabilities	70	60	59	98	168	208	187	185	144	152	156	121
Fixed Assets	34	32	27	52	45	71	60	50	45	33	57	44
CWIP	1	0	0	0	32	0	0	0	0	24	0	0
Investments	0	0	0	0	2	2	2	2	2	0	0	0
Other Assets	34	29	32	46	88	134	125	132	96	95	98	77
Total Assets	70	60	59	98	168	208	187	185	144	152	156	121

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	3	9	6	12	10	10	9	11	4	36	6	11
Cash from Investing Activity +	-1	-1	-1	-33	-36	-6	-2	4	-3	-14	-14	1
Cash from Financing Activity +	-2	-8	-5	22	26	-4	-7	-15	1	-21	8	-12
Net Cash Flow	-0	-0	-0	0	-0	0	-1	0	2	0	0	-0

Free Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	2.00	-25.00	-22.00	-18.00	-41.00	-62.00	-37.00	-48.00	-50.00	-101.00	-45.00	-64.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	63	109	82	65	71	121	105	155	118	55	52	38
Inventory Days	138	53	52	73	164	392	1,323	1,706	334	914	1,224	470
Days Payable	139	107	64	76	197	380	778	880	246	672	599	243
Cash Conversion Cycle	62	55	69	62	38	133	650	981	206	297	677	265
Working Capital Days	55	57	61	64	44	82	144	219	133	79	160	104
ROCE %	10%	10%	16%	14%	14%	15%	7%	5%	-40%	13%	-8%	-13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	69.99%	51.75%	52.80%	52.80%	52.80%	52.79%	52.79%	52.79%	52.79%	55.13%	55.13%	55.13%
Public	30.01%	48.25%	47.21%	47.21%	47.21%	47.21%	47.21%	47.21%	47.21%	44.87%	44.87%	44.87%
No. of Shareholders	527	526	469	481	465	521	762	1,137	1,588	2,764	3,154	4,286

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-8.44	-6.16	6.98	-25.36	-0.97
Diluted EPS (Rs.)	-8.44	-6.16	6.98	-25.36	-0.97
Cash EPS (Rs.)	-1.92	0.84	11.24	-20.54	4.70
Book Value[Excl.RevalReserv]/Share (Rs.)	4.62	10.61	16.41	9.44	34.79
Book Value[Incl.RevalReserv]/Share (Rs.)	4.62	10.61	16.41	9.44	34.79
Revenue From Operations / Share (Rs.)	58.43	52.62	72.52	52.96	52.45
PBDIT / Share (Rs.)	1.04	3.23	13.35	-17.61	9.08
PBIT / Share (Rs.)	-5.25	-3.77	9.08	-22.43	3.41
PBT / Share (Rs.)	-7.89	-6.03	6.02	-25.64	-0.57
Net Profit / Share (Rs.)	-8.21	-6.16	6.97	-25.36	-0.97
PBDIT Margin (%)	1.78	6.14	18.41	-33.26	17.31
PBIT Margin (%)	-8.98	-7.16	12.52	-42.35	6.50
PBT Margin (%)	-13.49	-11.45	8.29	-48.42	-1.10
Net Profit Margin (%)	-14.05	-11.71	9.61	-47.88	-1.85
Return on Networth / Equity (%)	-177.91	-58.10	42.50	-268.73	-2.79
Return on Capital Employeed (%)	-18.13	-8.65	29.96	-78.82	6.80
Return On Assets (%)	-13.73	-7.58	8.90	-33.77	-1.01
Long Term Debt / Equity (X)	3.32	1.93	0.80	1.78	0.37
Total Debt / Equity (X)	6.22	3.37	1.85	3.01	0.70
Asset Turnover Ratio (%)	0.85	0.65	0.94	0.61	0.54
Current Ratio (X)	1.11	1.21	0.99	1.03	1.43
Quick Ratio (X)	0.23	0.21	0.31	0.38	0.49
Inventory Turnover Ratio (X)	0.38	0.20	0.42	0.33	0.36
Interest Coverage Ratio (X)	0.42	1.43	4.35	-5.49	2.28
Interest Coverage Ratio (Post Tax) (X)	-2.27	-1.73	3.27	-6.90	0.75
Enterprise Value (Cr.)	123.57	190.50	120.18	79.14	58.05
EV / Net Operating Revenue (X)	1.05	1.89	0.86	0.77	0.57
EV / EBITDA (X)	58.63	30.68	4.69	-2.34	3.33
MarketCap / Net Operating Revenue (X)	0.55	1.21	0.45	0.24	0.10
Price / BV (X)	7.05	6.00	2.00	1.37	0.16
Price / Net Operating Revenue (X)	0.55	1.21	0.45	0.24	0.10
EarningsYield	-0.25	-0.09	0.21	-1.97	-0.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Lexus Granito (India) Ltd as of November 25, 2024 is: 29.72

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 25, 2024, Lexus Granito (India) Ltd is Overvalued by 35.25% compared to the current share price 45.90

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Lexus Granito (India) Ltd as of November 25, 2024 is: 20.71

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 25, 2024, Lexus Granito (India) Ltd is Overvalued by 54.88% compared to the current share price 45.90

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -30.33%

*Investments are subject to market risks

Strength and Weakness

Strength

Weakness

The stock has a low average ROCE of 3.58%, which may not be favorable.
The stock has a high average Working Capital Days of 100.17, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 291.25, which may not be favorable.
The company has higher borrowings (56.83) compared to reserves (16.92), which may suggest financial risk.
The company has not shown consistent growth in sales (106.62) and profit (-2.69).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Lexus Granito (India) Ltd:
1. Net Profit Margin: -14.05%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -18.13% (Industry Average ROCE: 11.55%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -177.91% (Industry Average ROE: 19.42%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -2.27
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.23
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 150.07)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 6.22
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Lexus Granito (India) Ltd. is a Public Limited Listed company incorporated on 05/05/2008 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L26914GJ2008PLC053838 and registration number is 053838. Currently Company is involved in the business activities of Manufacture of refractory products. Company’s Total Operating Revenue is Rs. 139.18 Cr. and Equity Capital is Rs. 19.19 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Ceramics/Tiles/Sanitaryware	Survey No. 800, Opp. Lakhdhirpur Village, Rajkot Gujarat 363642	cs@lexustile.com www.lexusgranito.com

Management
Name	Position Held
Mr. Anilkumar Babulal Detroja	Chairman & Managing Director
Mr. Hitesh Babulal Detroja	Whole Time Director
Mrs. Dimpalben Anilbhai Detroja	Whole Time Director
Mr. Jitendrabhai Chandulal Lakhtariya	Independent Director
Mr. Chirag Mukeshbhai Hirani	Independent Director
Mr. Sagarbhai Rasikbhai Jasani	Independent Director
Mr. UmangKumar Mahendrabhai Jagodana	Independent Director

FAQ

What is the latest intrinsic value of Lexus Granito (India) Ltd?

The latest intrinsic value of Lexus Granito (India) Ltd as on 24 November 2024 is ₹29.72, which is 35.25% lower than the current market price of ₹45.90.

What is the Market Cap of Lexus Granito (India) Ltd?

The Market Cap of Lexus Granito (India) Ltd is 92.6 Cr..

What is the current Stock Price of Lexus Granito (India) Ltd as on 24 November 2024?

The current stock price of Lexus Granito (India) Ltd as on 24 November 2024 is 45.9.

What is the High / Low of Lexus Granito (India) Ltd stocks in FY 2024?

In FY 2024, the High / Low of Lexus Granito (India) Ltd stocks is 56.7/31.6.

What is the Stock P/E of Lexus Granito (India) Ltd?

The Stock P/E of Lexus Granito (India) Ltd is .

What is the Book Value of Lexus Granito (India) Ltd?

The Book Value of Lexus Granito (India) Ltd is 1.85.

What is the Dividend Yield of Lexus Granito (India) Ltd?

The Dividend Yield of Lexus Granito (India) Ltd is 0.00 %.

What is the ROCE of Lexus Granito (India) Ltd?

The ROCE of Lexus Granito (India) Ltd is 12.6 %.

What is the ROE of Lexus Granito (India) Ltd?

The ROE of Lexus Granito (India) Ltd is 105 %.

What is the Face Value of Lexus Granito (India) Ltd?

The Face Value of Lexus Granito (India) Ltd is 10.0.

Share Price and Basic Stock Data

Stock P/E, Current Price, and Intrinsic Value Over Time

Competitors of Lexus Granito (India) Ltd

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

Stock Analysis

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of Lexus Granito (India) Ltd?

What is the Market Cap of Lexus Granito (India) Ltd?

What is the current Stock Price of Lexus Granito (India) Ltd as on 24 November 2024?

What is the High / Low of Lexus Granito (India) Ltd stocks in FY 2024?

What is the Stock P/E of Lexus Granito (India) Ltd?

What is the Book Value of Lexus Granito (India) Ltd?

What is the Dividend Yield of Lexus Granito (India) Ltd?

What is the ROCE of Lexus Granito (India) Ltd?

What is the ROE of Lexus Granito (India) Ltd?

What is the Face Value of Lexus Granito (India) Ltd?

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