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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Lexus Granito (India) Ltd

About the Company - Lexus Granito (India) Ltd

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.
INDUSTRYADDRESSCONTACT
Ceramics/Tiles/SanitarywareSurvey No. 800, Rajkot Gujarat 363642info@lexustile.com
http://www.lexustile.com
Management
NamePosition Held
Mr. Anilkumar Babulal DetrojaChairman & Managing Director
Mr. Hitesh Babulal DetrojaExecutive Director
Ms. Dimpalben Anilbhai DetrojaExecutive Director
Mr. Jitendrabhai Chandulal LakhtariyaIndependent Director
Mr. Rakesh Jayantilal AmrutiyaIndependent Director
Mr. Sagarbhai Rasikbhai JasaniIndependent Director

Lexus Granito (India) Ltd. Share Price Update

Share PriceValue
Today₹44.05
Previous Day₹44.50

Basic Stock Data of Lexus Granito (India) Ltd

Market Cap 81.5 Cr.
Current Price 40.4
High / Low88.8/34.0
Stock P/E
Book Value 7.87
Dividend Yield0.00 %
ROCE8.02 %
ROE45.1 %
Face Value 10.0

Data Source: screener.in

Lexus Granito (India) Ltd Quarterly Results

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales28.8620.3716.7626.8737.6831.5731.85
Expenses25.9719.4912.0126.2335.9731.4729.09
Operating Profit2.890.884.750.641.710.102.76
OPM %10.01%4.32%28.34%2.38%4.54%0.32%8.67%
Other Income10.320.080.480.080.460.100.38
Interest1.060.731.041.361.100.971.46
Depreciation2.952.372.264.324.382.552.60
Profit before tax9.20-2.141.93-4.96-3.31-3.32-0.92
Tax %-10.33%-2.80%88.60%-1.41%-2.11%-4.52%-16.30%
Net Profit10.14-2.200.22-5.03-3.38-3.47-1.07
EPS in Rs5.28-1.150.11-2.62-1.76-1.81-0.56

Lexus Granito (India) Ltd Quarterly Chart

Lexus Granito (India) Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales35635980101165181134100101138101128
Expenses32545068881461501188613512496123
Operating Profit2109131419311614-341455
OPM %7%15%15%16%13%12%17%12%14%-33%10%5%4%
Other Income00111436301111
Interest2444459886645
Depreciation3556610141311981314
Profit before tax-201358111-1-4911-12-13
Tax %-31%-881%41%33%34%18%36%36%-68%1%-8%-2%
Net Profit-32023770-2-4912-12-13
EPS in Rs-4.292.240.462.913.214.893.650.17-0.97-25.366.03-6.16-6.75
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Lexus Granito (India) Ltd Profit & Loss Yearly Chart

Lexus Granito (India) Ltd Growth

Compounded Sales Growth
10 Years:5%
5 Years:-11%
3 Years:0%
TTM:-27%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-280%
Stock Price CAGR
10 Years:%
5 Years:13%
3 Years:29%
1 Year:-35%
Return on Equity
10 Years:-10%
5 Years:-24%
3 Years:-57%
Last Year:-45%

Lexus Granito (India) Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital7777101319191919191919
Reserves46681124494948-1131-3
Borrowings28353131558168646467596968
Other Liabilities32221613224971555459616665
Total Liabilities7270605998168208187185144152156149
Fixed Assets40343227524571605045335753
CWIP010003200002400
Investments0000022222000
Other Assets32342932468813412513296959895
Total Assets7270605998168208187185144152156149

Lexus Granito (India) Ltd Reserves and Borrowings Chart

Lexus Granito (India) Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 03961210109114366
Cash from Investing Activity 0-1-1-1-33-36-6-24-3-14-14
Cash from Financing Activity 0-2-8-52226-4-7-151-218
Net Cash Flow0-0-0-00-00-10200

Lexus Granito (India) Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days108631098265711211051551185552
Inventory Days1385352731643921,3231,7063349141,224
Days Payable1391076476197380778880246672599
Cash Conversion Cycle1086255696238133650981206297677
Working Capital Days-2455576164448214421913379160
ROCE %-1%10%10%16%14%14%15%7%5%-40%13%-8%

Lexus Granito (India) Ltd Financial Efficiency Indicators Chart

Lexus Granito (India) Ltd Share Holding Pattern

MonthMar 2018Jun 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022
Promoters69.99%69.99%69.99%69.99%69.99%69.99%69.99%51.75%52.80%52.80%52.80%52.79%
DIIs0.86%0.86%0.72%0.09%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public29.16%29.16%29.30%29.93%30.01%30.01%30.01%48.25%47.21%47.21%47.21%47.21%
No. of Shareholders405474509537536533527526469481465521

Lexus Granito (India) Ltd Shareholding Pattern Chart

No. of Lexus Granito (India) Ltd Shareholders

This stock is not held by any mutual fund

Lexus Granito (India) Ltd ROCE Trend

Lexus Granito (India) Ltd EPS Trend

Lexus Granito (India) Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-6.146.98-25.36-0.970.17
Diluted EPS (Rs.)-6.146.98-25.36-0.970.17
Cash EPS (Rs.)0.8411.24-20.544.706.97
Book Value[Excl.RevalReserv]/Share (Rs.)10.6116.419.4434.7935.77
Book Value[Incl.RevalReserv]/Share (Rs.)10.6116.419.4434.7935.77
Revenue From Operations / Share (Rs.)52.6272.5252.9652.4568.90
PBDIT / Share (Rs.)3.2313.35-17.619.0811.36
PBIT / Share (Rs.)-3.779.08-22.433.414.56
PBT / Share (Rs.)-6.036.02-25.64-0.570.27
Net Profit / Share (Rs.)-6.166.97-25.36-0.970.17
PBDIT Margin (%)6.1418.41-33.2617.3116.48
PBIT Margin (%)-7.1612.52-42.356.506.61
PBT Margin (%)-11.458.29-48.42-1.100.39
Net Profit Margin (%)-11.719.61-47.88-1.850.25
Return on Networth / Equity (%)-58.1042.50-268.73-2.790.48
Return on Capital Employeed (%)-8.6529.96-78.826.808.53
Return On Assets (%)-7.588.90-33.77-1.010.17
Long Term Debt / Equity (X)1.930.801.780.370.46
Total Debt / Equity (X)3.371.853.010.700.78
Asset Turnover Ratio (%)0.650.940.610.540.66
Current Ratio (X)1.210.991.031.431.36
Quick Ratio (X)0.210.310.380.490.47
Inventory Turnover Ratio (X)0.660.420.330.360.43
Interest Coverage Ratio (X)1.434.35-5.492.282.65
Interest Coverage Ratio (Post Tax) (X)-1.733.27-6.900.751.04
Enterprise Value (Cr.)190.99120.1879.1458.05125.25
EV / Net Operating Revenue (X)1.890.860.770.570.94
EV / EBITDA (X)30.764.69-2.343.335.75
MarketCap / Net Operating Revenue (X)1.210.450.240.100.53
Price / BV (X)6.002.001.370.161.04
Price / Net Operating Revenue (X)1.210.450.240.100.53
EarningsYield-0.090.21-1.97-0.160.00

Lexus Granito (India) Ltd Profitability Ratios (%)

Lexus Granito (India) Ltd Liquidity Ratios

Lexus Granito (India) Ltd Liquidity Ratios (%)

Lexus Granito (India) Ltd Interest Coverage Ratios (%)

Lexus Granito (India) Ltd Valuation Ratios

Fair Value of Lexus Granito (India) Ltd Stock

Fair Value: ₹54.31

The stock is undervalued by 34.42% compared to the current price ₹40.4

*Investments are subject to market risks

Strength and Weakness of Lexus Granito (India) Ltd Stock

StrengthWeakness
    1. The stock is trading at a high valuation with an average P/B ratio of -1.83 and average Dividend Yield of -10.46%.
    2. The stock has a low average ROCE of 4.58%, which may not be favorable.
    3. The stock has a high average Working Capital Days of 89.50, which may not be favorable.
    4. The stock has a high average Cash Conversion Cycle of 278.17, which may not be favorable.
    5. The company has higher borrowings (55.38) compared to reserves (16.54), which may suggest financial risk.
    6. The company has not shown consistent growth in sales (106.62) and profit (-2.85).

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Lexus Granito (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE