LGHL
Laxmi Goldorna House share price & financials
- Price
- ₹229.15
- Market cap
- ₹922 Cr
- Sector
- Consumer Durables
What Laxmi Goldorna House Limited does
Laxmi Goldorna House processes, wholesales and retails gold jewellery and ornaments — traditional, modern and Indo-Western designs studded with precious and semi-precious stones — without owning its own manufacturing establishment; all designing and processing is outsourced to third-party job workers under the company's quality control, and finished pieces are BIS Hallmark certified. Since 2017 the company has also engaged in real estate, developing residential and commercial projects in and around Ahmedabad. It currently has five ongoing real estate projects offering a mix of 2BHK/3BHK flats and retail shops with amenities such as clubhouses, gyms and landscaped gardens.
Segments
- Gold Jewellery
- Real Estate
- Ongoing real estate projects
- 5 (The Universe by Laxmi, Laxmi Eternia, Laxmi Aashiyana, Laxmi 101, Laxmi Courtyard)
- Planned residential units across ongoing projects
- 2,041 flats (2BHK/3BHK)
- Planned retail shops across ongoing projects
- 221
- Total ongoing-project land area
- ~1,62,360 sq. mtr
- Business segments
- 2 (Gold Jewellery; Real Estate)
- Jewellery manufacturing model
- No in-house manufacturing; processing entirely outsourced to third-party job workers
Quarterly results
Q1 FY27: revenue up 30.6%, net profit down 47.3% 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 | 22 | 22 | 28 | 29 | 25 +13% | 24 +9% | 27 −4% | 37 +31% |
| EBITDA | 7 | 7 | 5 | 5 | 8 +3% | 6 −16% | -2 −136% | 5 −13% |
| Net profit | 4 | 4 | 1 | 2 | 4 −8% | 3 −12% | -6 −1006% | 1 −47% |
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 −79.6% 1Y
1Y: ₹904.1 on 10 Sept 2025 → ₹183.99. High ₹904.1 (10 Sept 2025), low ₹172.23 (9 Sept 2026).
Financials, as filed
Revenue fell 28.1% a year over 2 years, FY24 to FY26. Operating margin widened to 15.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹202 Cr | ₹88 Cr | ₹104 Cr |
| Operating profit | ₹17 Cr | ₹22 Cr | ₹16 Cr |
| Operating margin | 8.6% | 25.6% | 15.8% |
| Interest | ₹4 Cr | ₹9 Cr | ₹11 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹14 Cr | ₹9 Cr | ₹3 Cr |
| Net margin | 6.8% | 10.8% | 2.8% |
| Cash from operations | ₹-9 Cr | ₹-45 Cr | — |
| Free cash flow | ₹-9 Cr | ₹-45 Cr | — |
| ROCE | — | 17.0% | — |
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 | FY24 | FY25 |
|---|---|---|
| Equity capital | ₹21 Cr | ₹21 Cr |
| Reserves | ₹25 Cr | ₹44 Cr |
| Borrowings | ₹53 Cr | ₹102 Cr |
| Other liabilities | ₹10 Cr | ₹14 Cr |
| Total liabilities | ₹108 Cr | ₹181 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr |
| Investments | ₹15 Cr | ₹21 Cr |
| Other assets | ₹92 Cr | ₹159 Cr |
| Total assets | ₹108 Cr | ₹181 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, FIIs added +0.11 pp while the public trimmed −0.11 pp. The shareholder count grew 69% to 2,798.
- Promoters
- 75.0%
- FIIs
- 0.1%
- Public
- 24.9%
Since Jun 2025
- FIIs +0.11 pp
- Public −0.11 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, Public 25.0%.Dec '23: Promoters 75.0%, Public 25.0%.Mar '24: Promoters 75.0%, Public 25.0%.Jun '24: Promoters 75.0%, Public 25.0%.Sep '24: Promoters 75.0%, Public 25.0%.Dec '24: Promoters 75.0%, Public 25.0%.Mar '25: Promoters 75.0%, Public 25.0%.Jun '25: Promoters 75.0%, Public 25.0%.Sep '25: Promoters 75.0%, FIIs 0.3%, DIIs 0.0%, Public 24.7%.Dec '25: Promoters 75.0%, FIIs 0.1%, Public 24.9%.Mar '26: Promoters 75.0%, FIIs 0.1%, Public 24.9%.Jun '26: Promoters 75.0%, FIIs 0.1%, Public 24.9%.
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.
- Goldkart Jewels Limited newly disclosed 2.14% held
The same filing shows 0 holders 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 Laxmi Goldorna House Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rupalben Jayeshkumar Shah | 34.69% | unchanged |
| Jayesh Chinubhai Shah | 24.51% | unchanged |
| Jayesh Chinubhai Shah Huf | 7.76% | unchanged |
| Jinit Jayeshkumar Shah | 2.95% | unchanged |
| Badal Jayeshkumar Shah | 2.91% | unchanged |
| Renuka Pravinchandra Shah | 2.41% | unchanged |
| Monaben Prakashkumar Shah | 2.38% | unchanged |
| Prakash Jayantilal Shah | 2.26% | unchanged |
| Goldkart Jewels Limited | 2.14% | newly disclosed |
| Shah Bhavanaben Sureshkumar | 2.03% | unchanged |
| Pareshkumar Kirtibhai Shah | 1.61% | unchanged |
| Dineshkumar Hargovandas Shah | 1.49% | 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.
What the price assumes
- Growth the price implies
- 47.1% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse Laxmi Goldorna House Limited
Guides on how to read this kind of business and the numbers that matter.