Lexus Granito (India) Ltd
NSE: LEXUS
Incorporated in 2007, Lexus Granito India Ltd manufacturing and exporting of vitrified ceramic tiles and wall tiles[1]
₹18.5
52W: ₹16.9 — ₹39.2
PE 0 · Book ₹7.87 · +135% vs bookMarket Cap₹38.4 Cr
Stock P/E—Price to Earnings
ROCE1.77%Return on Capital
ROE73.5%Return on Equity
Div. Yield0%Face Value ₹10
Weaknesses
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -1.21%
- −The company has delivered a poor sales growth of -5.60% over past five years.
- −Company has a low return on equity of -67.6% over last 3 years.
- −Contingent liabilities of Rs.23.7 Cr.
- −Company might be capitalizing the interest cost
- −Earnings include an other income of Rs.9.17 Cr.
- −Working capital days have increased from 59.9 days to 106 days
Shareholding Pattern
Promoters53.12%
FIIs0%
DIIs0%
Public46.88%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 55.13% | 55.13% | 55.13% | 55.13% | 55.13% | 55.13% | 54.33%▼0.8 | 53.12%▼1.2 |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 44.87% | 44.87% | 44.87% | 44.87% | 44.87% | 44.87% | 45.67%▲0.8 | 46.88%▲1.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 31.85 | 26.55 | 27.77 | 17.78 | 17.37 | 19.13 | 20.97 | 18.04 | 18.6 | 13.71 |
| Expenses | 29.09 | 26.65 | 29.21 | 18.55 | 16.55 | 16.21 | 17.33 | 14.91 | 19.48 | 16.07 |
| Operating Profit | 2.76 | -0.1 | -1.44 | -0.77 | 0.82 | 2.92 | 3.64 | 3.13 | -0.88 | -2.36 |
| OPM % | 8.67% | -0.38% | -5.19% | -4.33% | 4.72% | 15.26% | 17.36% | 17.35% | -4.73% | -17.21% |
| Net Profit | -1.07 | -3.89 | -8.15 | -3.76 | -1.87 | 0.08 | 0.52 | 0.62 | 0.37 | 0.71 |
| EPS ₹ | -0.56 | -1.93 | -4.04 | -1.86 | -0.93 | 0.04 | 0.26 | 0.31 | 0.18 | 0.35 |
AI Insights
Revenue Trend
TTM revenue at ₹71.32Cr, down 5.2% YoY. OPM at 4.95%.
Debt Position
Borrowings at ₹53.71Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 53.12%.
Margin & Efficiency
ROCE declining from 9.84% (Mar 2014) to -1.77% (Mar 2025). Working capital days: 105.8.
Recent Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 13 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; shares fully demat, no rematerialisation requests.
- Updates 8 April 2026 - NSE approved listing of 3,00,000 equity shares from warrant conversion, effective 9 April 2026.
- Trading Window 30 March 2026 - Trading window closed from 1 Apr 2026 until 48 hours after audited results for quarter/year ended 31 Mar 2026.
- Change in Auditors 24 March 2026 - Board appointed Jitendra Parmar & Associates as secretarial auditor; M.R. Bhatia resigned effective 24 Mar 2026.
- Outcome of Board Meeting 24 March 2026 - M/s. Jitendra Parmar appointed as secretarial auditor; M/s. M. R. Bhatia resigned, effective 24 March 2026.
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse