LEXUS
Lexus Granito (India) financials
- Market cap
- ₹28 Cr
- Sector
- Consumer Durables
What Lexus Granito (India) Limited does
Lexus Granito (India) Limited manufactures Polished Glazed Vitrified Tiles, Glazed Vitrified Tiles and digital wall tiles, marketed under the brand name LEXUS to domestic and international clients. Its manufacturing facility is located at Morbi, Gujarat, spread over more than 4 hectares, equipped with an in-house laboratory used to develop new colours and to test and analyse products. The company sells through a network of dealers and sub-dealers and also exports its ceramic products.
Segments
- Ceramic tiles
- Manufacturing facility
- 1 facility at Morbi, Gujarat, spread over 4+ hectares
- Product lines
- Polished Glazed Vitrified Tiles, Glazed Vitrified Tiles, digital wall tiles
- Quality certification
- ISO 9001:2008 certified
- Export quality compliance
- Certificate of Compliance from UK Certification & Inspection Ltd (design, manufacture, final inspection)
- In-house R&D/testing
- In-house laboratory for colour development and product testing
- Market reach
- Domestic and international markets
Quarterly results
Q1 FY27: revenue down 80.3%, net profit down 530.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 19 | 21 | 18 | 19 +7% | 14 −28% | 12 −45% | 4 −80% |
| EBITDA | 1 | 3 | 4 | 3 | -1 −207% | -2 −181% | -1 −124% | -4 −214% |
| Net profit | -2 | 0 | 1 | 1 | 0 +120% | 1 +788% | -1 −225% | -3 −531% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −54.5% 1Y
1Y: ₹29.28 on 10 Sept 2025 → ₹13.31. High ₹38.31 (27 Feb 2026), low ₹12.75 (29 Jun 2026).
Financials, as filed
Revenue fell 27.5% a year over 2 years, FY24 to FY26. Operating margin narrowed to -1.6%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹118 Cr | ₹75 Cr | ₹62 Cr |
| Operating profit | ₹1 Cr | ₹7 Cr | ₹-1 Cr |
| Operating margin | 1.1% | 8.8% | -1.6% |
| Interest | ₹5 Cr | ₹4 Cr | ₹4 Cr |
| Depreciation | ₹11 Cr | ₹8 Cr | ₹7 Cr |
| Net profit | ₹-17 Cr | ₹-5 Cr | ₹1 Cr |
| Net margin | -14.1% | -6.7% | 1.7% |
| Cash from operations | ₹11 Cr | ₹-3 Cr | ₹3 Cr |
| Free cash flow | ₹11 Cr | ₹-4 Cr | ₹3 Cr |
| ROCE | -12.6% | -1.8% | 6.9% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹20 Cr | ₹20 Cr | ₹21 Cr |
| Reserves | ₹-1 Cr | ₹13 Cr | ₹1 Cr | ₹-11 Cr | ₹-4 Cr | ₹-3 Cr |
| Borrowings | ₹67 Cr | ₹59 Cr | ₹69 Cr | ₹58 Cr | ₹54 Cr | ₹56 Cr |
| Other liabilities | ₹59 Cr | ₹61 Cr | ₹66 Cr | ₹53 Cr | ₹50 Cr | ₹35 Cr |
| Total liabilities | ₹144 Cr | ₹152 Cr | ₹156 Cr | ₹121 Cr | ₹120 Cr | ₹109 Cr |
| Fixed assets | ₹45 Cr | ₹33 Cr | ₹57 Cr | ₹44 Cr | ₹34 Cr | ₹31 Cr |
| Capital work in progress | ₹0 Cr | ₹24 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹96 Cr | ₹95 Cr | ₹98 Cr | ₹77 Cr | ₹86 Cr | ₹79 Cr |
| Total assets | ₹144 Cr | ₹152 Cr | ₹156 Cr | ₹121 Cr | ₹120 Cr | ₹109 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters trimmed −2.22 pp while the public added +2.22 pp. The shareholder count grew 20% to 5,531.
- Promoters
- 52.9%
- Public
- 47.1%
Since Jun 2025
- Promoters −2.22 pp
- Public +2.22 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 52.8%, Public 47.2%.Dec '23: Promoters 55.1%, Public 44.9%.Mar '24: Promoters 55.1%, Public 44.9%.Jun '24: Promoters 55.1%, Public 44.9%.Sep '24: Promoters 55.1%, Public 44.9%.Dec '24: Promoters 55.1%, Public 44.9%.Mar '25: Promoters 55.1%, Public 44.9%.Jun '25: Promoters 55.1%, Public 44.9%.Sep '25: Promoters 55.1%, Public 44.9%.Dec '25: Promoters 54.3%, Public 45.7%.Mar '26: Promoters 53.1%, Public 46.9%.Jun '26: Promoters 52.9%, Public 47.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Arthkumbh Ventures newly disclosed 1.68% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Lexus Granito (India) Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Pavan Blackrock Private Limited | 26.70% | unchanged |
| Hitesh Babulal Detroja | 13.61% | unchanged |
| Sainathkripa Commercial | 8.89% | unchanged |
| Anilbhai Babubhai Detroja | 6.15% | unchanged |
| Nilesh Babubhai Detroja | 4.01% | −0.21 pp |
| Babulal Mahadevbhai Detroja | 2.20% | unchanged |
| Arthkumbh Ventures | 1.68% | newly disclosed |
| Piyush Jashawantlal Shah | 1.67% | unchanged |
| Mal Chand Dugar | 1.54% | unchanged |
| Sahi Trading Private Limited | 1.47% | unchanged |
| Virendra Dugar | 1.45% | unchanged |
| Thomson And Wyman Enterprises Private Limited | 1.44% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Lexus Granito (India) Limited
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