LEXUS

Lexus Granito (India) Limited

Listed company · ISIN INE500X01013 · NSE EQ · FV ₹10
Last price
₹13
-1.85%today
What this company does

Lexus Granito (India) Limited is a listed company. It booked ₹4 cr of revenue in its latest quarter (Q1 FY27) and kept -75.0% of sales as profit.

Lexus Granito (India) Limited is a leading manufacturer & supplier of Polished Glazed Vitrified Tiles, Glazed Vitrified Tiles and digital wall tiles for the domestic and international markets The LEXUS GROUP is recognized for its exquisite new collections which bears the exceptionality of high definition digital printing. We have quality since long and for eternity.
In the report:
35out of 100
Equitytale Health Score
Strained

Healthier than 35% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,561–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
45

At close. Not part of the score.

Profitability & returns2

How much profit it earns on the money it employs

Balance sheet11

How much it owes, and whether earnings cover the interest

Cash quality69

Whether reported profit actually arrives as cash

Growth & consistency13

Whether sales and profit have grown, and how steadily

Valuation67

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 53%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -75.0% net margin
! Sales down 80% vs last year
! Low -58.6% return on equity
! Carries high debt (D/E 3.1)

What if I invest in LEXUS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹13 -1.85%
latest close · 2026-09-17
1-year return
+7.4%
52-wk low ₹1052-wk high ₹77
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio1.51Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-58.6%Loss
WeakFairStrong ▸15%
Return on capital-8.9%Loss
WeakFairStrong
Net margin-75.0%Loss
ThinDecentStrong
EBITDA margin-8.1%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity3.05High
LowModerateHigh ▸1
Interest cover-1.6×Risky
RiskyOkayStrong ▸5×
Current ratio1.95Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹28 cr
Book value
₹9
EPS
₹-1.29
latest quarter
Net debt
₹56 cr
owes more than its cash
Enterprise value
₹83 cr
EBITDA
₹-1 cr
annualised
EBIT
₹-6 cr
annualised
Operating margin
-45.4%
Return on assets
-9.8%
Earnings yield
P/S
1.94
Sales / share
₹6.9
Tax rate
Face value
₹10
Shares
2.1 cr
Working capital
₹35 cr
Current assets
₹71 cr
Current liabilities
₹36 cr
Delivery %
71.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹4 cr
Other Income₹3 cr
Total Income₹7 cr
Cost of Materials₹1 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹41.7 L
Employee Benefit Expense₹22.1 L
Finance Costs₹1 cr
Depreciation & Amortisation₹1 cr
Other Expenses₹5 cr
Total Expenses₹9 cr
Profit before Tax₹-3 cr
Tax Expense₹3 L
Net Profit₹-3 cr
Net margin on total income-39.0%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹1 cr15.7%
Employee benefit expense₹22.1 L2.3%
Finance costs₹1 cr10.8%
Depreciation & amortisation₹1 cr14.0%
Other expenses₹5 cr56.9%
Tax expense₹3 L0.3%
Total income ₹7 cr

The company made a net loss of ₹3 cr this quarter — income covered only 72 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue14 cr12 cr4 cr
Total income14 cr15 cr7 cr
Expenses18 cr16 cr9 cr
Profit before tax65.5 L-63.8 L-3 cr
Tax-5.4 L1.7 L3 L
Net profit (owners' share)70.8 L-65.5 L-3 cr
Net margin (owners' share, on revenue)5.2%-5.7%-75.0%
EPS (₹)0.35-0.32-1.29
YoY (latest quarter): total income -62.0% · net profit
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹109 cr
Shareholder equity
₹18 cr
parent shareholders
Total debt
₹56 cr
Cash
₹1.5 L
Cash flow · H1 FY26
Operating
₹2 cr
Investing
₹10 L
Financing
₹-2 cr
Who owns it · 2026-06-30
No pledge
Promoter
52.9%
Public
47.1%
Promoter stake down 2.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldNilesh Babubhai Detroja · Promoters48,602 · ₹18.9 L5 Mar 26
SoldNilesh Babubhai Detroja · Promoters38,633 · ₹14.9 L23 Feb 26
SoldLexus Ceramic Private Limited · Promoter Group19.54 L · ₹10.0 cr1 Jun 22
Bulk / block deals
SoldHARSHIL KHAKHKHAR - HUF · NSE1.05 L @ ₹38.0927 Feb 26
SoldSAINATHKRIPA COMMERCIAL LLP · NSE3.00 L @ ₹34.511 Feb 26
SoldSAINATHKRIPA COMMERCIAL LLP · NSE2.31 L @ ₹36.1910 Feb 26
Stake changes
BoughtSainathkripa Commercial LLP→ 22.87% · 35.00 L21 Aug 20
SoldSAINATHKRIPA COMMERCIAL LLP→ 28.92% · 35.00 L21 Aug 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2025
See the official result
1
To consider and adopt the Audited Standalone Financial Statements of the Company for the year ended March 31, 2025 together with the reports of the Board of Directors and Auditors
Backed by 100% of shareholders other than promotersneeded 50%
2.68 L votes for, 0 against
2
To Re-Appoint Mrs. Dimpal Detroja (DIN: 09639482) who retires by rotation at this Annual General Meeting and being eligible offers herself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
2.68 L votes for, 0 against
3
To Appoint M R Bhatia & Co as Secretarial Auditors
Backed by 100% of shareholders other than promotersneeded 50%
2.68 L votes for, 0 against
4
To Change Designation of Mrs Dimple Detroja from whole Time Director to Non-Executive Director
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
2.68 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 52.9% between them · as of 2026-06-30
PAVAN BLACKROCK PRIVATE LIMITED26.70%
HITESH BABULAL DETROJA13.61%
ANILBHAI BABUBHAI DETROJA6.15%
NILESH BABUBHAI DETROJA4.01%
BABULAL MAHADEVBHAI DETROJA2.20%
NARBHERAM AMBABHAI DALSANIA0.12%
MAULIK DINESHBHAI MAKASANA0.10%
PARULBEN NILESHBHAI DETROJA0.02%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Sep 2024 by selling shares to selected investors

As of Mar 2026, the company says it has spent 30% of what it set aside.

Issue related expenses (Statutory and Professional Fees)
29%
of what was set aside
Repayment of Unsecured loan
budget changed
36%
of what was set aside
To meet working capital requirement of the Company
20%
of what was set aside
General Corporate Purpose
0%
of what was set aside

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Money raised in Nov 2025 by selling shares to selected investors

As of Dec 2025, the company says it has spent 27% of what it set aside.

Issue related expenses (Statutory and Professional Fees)
29%
of what was set aside
Repayment of Unsecured loan
budget changed
36%
of what was set aside
To meet working capital requirement of the Company
10%
of what was set aside
General Corporate Purpose
0%
of what was set aside

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.