Laxmi Goldorna House Ltd

NSE: LGHLInfra

Incorporated in 2010, Laxmi Goldorna House Ltd is in the business of real estate development and manufacture & sale of jewelries[1]

₹239

52W: ₹219 — ₹400

PE 291 · Book ₹14.1 · +1595% vs book

Market Cap₹1,196 Cr

Stock P/E291Price to Earnings

ROCE10.1%Return on Capital

ROE6.06%Return on Equity

Div. Yield0%Face Value ₹10

Weaknesses

−Stock is trading at 17.2 times its book value
−Though the company is reporting repeated profits, it is not paying out dividend
−Company has low interest coverage ratio.

Promoters74.97%

FIIs0.11%

DIIs0%

Public24.93%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%
FIIs	0%	0%	0%	0%	0%	0.31%▲0.3	0.1%▼0.2	0.11%▲0.0
DIIs	0%	0%	0%	0%	0%	0.03%▲0.0	0%▼0.0	0%
Public	25.03%	25.03%	25.03%	25.03%	25.03%	24.69%▼0.3	24.93%▲0.2	24.93%

Metric	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	26.95	127.28	15.85	22.08	22.16	27.72	28.64	24.85	24.18	26.64
Expenses	22.05	118.48	12.73	14.77	15.41	22.43	23.46	17.34	18.5	28.55
Operating Profit	4.9	8.8	3.12	7.31	6.75	5.29	5.18	7.51	5.68	-1.91
OPM %	18.18%	6.91%	19.68%	33.11%	30.46%	19.08%	18.09%	30.22%	23.49%	-7.17%
Net Profit	2.2	5.45	1.17	4.1	3.54	0.68	2.2	3.76	3.1	-6.16
EPS ₹	0.44	1.09	0.23	0.82	0.71	0.14	0.44	0.75	0.62	-1.23

Revenue Trend

Mar 2026 revenue at ₹104Cr, up 18.2% YoY. OPM at 16%.

Debt Position

Borrowings at ₹108Cr. Debt-to-equity ratio: 5.14x. High leverage — monitor closely.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0.11% (+0.11pp change). Promoters hold 74.97%.

Margin & Efficiency

ROCE improving from 7% (Mar 2015) to 10% (Mar 2026). Working capital days: 468.

Valuation

PE 291x with 10.1% ROCE. Price is 1595% above book value of ₹14.1. Dividend yield: 0%.