Lexus Granito (India) Ltd
NSE: LEXUS · Other · sector
₹10.12NSE close 2026-10-26
Key numbers
Market cap₹21 cr
Price₹10.12
52w high / low₹39 / ₹9
P/E–Sector median 14.4x
P/B1.2xSector median 1.7x
Book value₹8.8
Dividend yield–Sector median 0.37%
ROE-19.9%Sector median 13.8%
ROCE2.5%Sector median 19.6%
OPM2.3%Sector median 10.4%
Debt / equity3.05xSector median 0.29x
EV/EBITDA64.4xSector median 8.4x
Interest cover0.4x
Current ratio1.95x
Sales growth 3y-15.1%Sector median +7.7%
Profit growth 3y–Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹56 cr (FY26): borrowings are higher by ₹56 cr.
- Operating profit covered interest 0.4x in the last 12 months.
- Promoter holding fell by 2.22 percentage points in a year, to 52.91% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 4 years.
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- No dividend in the last 4 financial years.
- Price ₹10.12 on 2026-10-26: -74.2% from the 52-week high, +12.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹50.09 · low ₹9.89
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 19 | 21 | 18 | 22 | 14 | 12 | 4 |
| EBITDA | 1 | 3 | 4 | 3 | 3 | 3 | -1 | -4 |
| OPM % | 4.7% | 15.3% | 17.4% | 17.4% | 11.9% | 22.1% | -7.7% | -100.6% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 |
| Net profit | -2 | 0 | 1 | 1 | 0 | 1 | -1 | -3 |
| EPS (₹) | -0.93 | 0.04 | 0.26 | 0.31 | 0.17 | 0.35 | -0.32 | -1.29 |
| Revenue YoY | +27.2% | -28.3% | -45.0% | -80.3% | ||||
| Profit YoY | – | +787.5% | -225.0% | -530.6% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 101 | 118 | 75 | 62 | 51 |
| EBITDA | 5 | 1 | 7 | -1 | 1 |
| Net profit | -12 | -17 | -5 | 1 | -2 |
| EPS (₹) | -6.14 | -8.44 | -2.49 | 0.51 | -1.09 |
| Revenue growth | +16.8% | -36.2% | -17.8% | -32.6% | |
| Profit growth | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -15.1% | – | -32.6% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -49.0% (2y) | -68.4% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | 20 | 9 | 4 | 18 |
| Borrowings | 69 | 58 | 65 | 56 |
| Cash & equivalents | 0 | 0 | 0 | 0 |
| Total assets | 156 | 121 | 122 | 109 |
| Fixed assets | 57 | 44 | 37 | 31 |
| Capital work in progress | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Receivables | 14 | 12 | 8 | 5 |
| Inventory | 72 | 54 | 64 | 63 |
| Payables | 35 | 28 | 21 | 9 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | 8 | 11 | -3 | 3 |
| Cash from investing | -14 | 1 | -1 | -0 |
| Cash from financing | 6 | -12 | 4 | -3 |
| Capex | 14 | 0 | 1 | 0 |
| Free cash flow | -6 | 11 | -4 | 3 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | -58.1% | -177.9% | -115.3% | 5.7% |
| ROCE % | -8.1% | -16.3% | -1.7% | 6.7% |
| Debtor days | 52 | 38 | 40 | 31 |
| Inventory days | 500 | 470 | 2,574 | 2,500 |
| Payable days | 245 | 243 | 846 | 349 |
| Cash conversion cycle (days) | 307 | 265 | 1,768 | 2,182 |
| Working capital days | 55 | 20 | 106 | 204 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 52.91% |
| Public (non-institutions) | 47.09% |
| Quarter | Jun 2025 | Sep 2025 | Nov 2025 | Dec 2025 | Feb 2026 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 55.13% | 55.13% | 54.33% | 54.33% | 53.54% | 53.12% | 52.91% | 52.91% |
| Promoter group | % |
|---|---|
| Pavan Blackrock Private Limited | 26.70% |
| Hitesh Babulal Detroja | 13.61% |
| Anilbhai Babubhai Detroja | 6.15% |
| Nilesh Babubhai Detroja | 4.01% |
| Babulal Mahadevbhai Detroja | 2.20% |
| Narbheram Ambabhai Dalsania | 0.12% |
| Maulik Dineshbhai Makasana | 0.10% |
| Parulben Nileshbhai Detroja | 0.02% |
| Public holders above 1% | % |
|---|---|
| Sainathkripa Commercial | 8.89% |
| Arthkumbh Ventures LLP | 1.68% |
| Piyush Jashawantlal Shah | 1.67% |
| MAL Chand Dugar | 1.54% |
| Sahi Trading Private Limited | 1.47% |
| Virendra Dugar | 1.45% |
| Thomson and Wyman Enterprises Private Limited | 1.44% |
5,807 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| LEXUS | ₹21 cr | – | 1.2x | -19.9% | 2.5% | 2.3% | -15.1% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| India | ₹61 cr | 97.9% | ₹5 cr | 8.2% |
| Overseas | ₹1 cr | 2.1% | ₹0 cr | 0.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-10-22 | Other | Extra Ordinary General Meeting |
| 2024-09-23 | Other | Annual General Meeting |
| 2023-09-21 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | LEXUS |
| BSE code | – |
| ISIN | INE500X01013 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.