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Last Updated on: 13 June, 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, Opp. Lakhdhirpur Village, Rajkot Gujarat 363642cs@lexustile.com
www.lexusgranito.com
Management
NamePosition Held
Mr. Anilkumar Babulal DetrojaChairman & Managing Director
Mr. Hitesh Babulal DetrojaWhole Time Director
Mrs. Dimpalben Anilbhai DetrojaWhole Time Director
Mr. Jitendrabhai Chandulal LakhtariyaIndependent Director
Mr. Rakesh Jayantilal AmrutiyaIndependent Director
Mr. Sagarbhai Rasikbhai JasaniIndependent Director

Basic Stock Data of Lexus Granito (India) Ltd

Last Updated: June 13, 2024, 5:44 am

Market Cap 79.8 Cr.
Current Price 39.5
High / Low61.3/31.6
Stock P/E
Book Value 4.62
Dividend Yield0.00 %
ROCE13.5 %
ROE109 %
Face Value 10.0
PEG Ratio0.00

Lexus Granito (India) Ltd Quarterly Results

MonthJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales20.3716.7626.8737.6831.5731.8526.55
Expenses19.4912.0126.2335.9731.4729.0926.65
Operating Profit0.884.750.641.710.102.76-0.10
OPM %4.32%28.34%2.38%4.54%0.32%8.67%-0.38%
Other Income0.080.480.080.460.100.380.23
Interest0.731.041.361.100.971.461.12
Depreciation2.372.264.324.382.552.602.55
Profit before tax-2.141.93-4.96-3.31-3.32-0.92-3.54
Tax %-2.80%88.60%-1.41%-2.11%-4.52%-16.30%-9.89%
Net Profit-2.200.22-5.03-3.38-3.47-1.07-3.89
EPS in Rs-1.150.11-2.62-1.76-1.81-0.56-1.93

Last Updated: June 6, 2024, 3:59 am

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 Profit2109131419311614-341454
OPM %7%15%15%16%13%12%17%12%14%-33%10%5%4%
Other Income00111436301111
Interest2444459886645
Depreciation3556610141311981312
Profit before tax-201358111-1-4911-12-11
Tax %-31%-881%41%33%34%18%36%36%-68%1%-8%-2%
Net Profit-32023770-2-4912-12-12
EPS in Rs-4.292.240.462.913.214.893.650.17-0.97-25.366.03-6.16-6.06
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:18%
3 Years:48%
1 Year:-35%
Return on Equity
10 Years:-10%
5 Years:-24%
3 Years:-57%
Last Year:-45%

Last Updated: May 1, 2024, 11:19 am

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days63109826571121105155118555238
Inventory Days1385352731643921,3231,7063349141,224470
Days Payable1391076476197380778880246672599243
Cash Conversion Cycle6255696238133650981206297677265
Working Capital Days55576164448214421913379160104
ROCE %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

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters69.99%69.99%51.75%52.80%52.80%52.80%52.79%52.79%52.79%52.79%55.13%55.13%
Public30.01%30.01%48.25%47.21%47.21%47.21%47.21%47.21%47.21%47.21%44.87%44.87%
No. of Shareholders5335275264694814655217621,1371,5882,7643,154

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.)-6.166.98-25.36-0.970.17
Diluted EPS (Rs.)-6.166.98-25.36-0.970.17
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)0.200.420.330.360.43
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.)190.50120.1879.1458.05125.25
EV / Net Operating Revenue (X)1.890.860.770.570.94
EV / EBITDA (X)30.684.69-2.343.335.75
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

Fair Value: 77.05

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.

Undervalued: 95.06% compared to the current price 39.5

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

Intrinsic Value: 53.68

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 35.91% compared to the current price ₹39.5

Default values used*: Deafault 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 of Lexus Granito (India) Ltd Stock

StrengthWeakness
    1. The stock has a low average ROCE of 4.67%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 100.17, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 291.25, which may not be favorable.
    4. The company has higher borrowings (55.38) compared to reserves (16.54), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (106.62) and profit (-2.69).

    FAQ

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

    The latest fair value of Lexus Granito (India) Ltd is ₹77.05.

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

    The Market Cap of Lexus Granito (India) Ltd is 79.8 Cr..

    What is the current Stock Price of Lexus Granito (India) Ltd as on 13 June 2024?

    The current stock price of Lexus Granito (India) Ltd as on 13 June 2024 is ₹39.5.

    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 61.3/31.6.

    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 4.62.

    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 13.5 %.

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

    The ROE of Lexus Granito (India) Ltd is 109 %.

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

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

    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