NSEI:LEXUS

Stock Analysis Report

Executive Summary

Lexus Granito (India) Limited manufactures, trades, and markets vitrified ceramic tiles and wall tiles in India.

Risk Analysis

Earnings have declined by -22.21% per year over past 5 years

Interest payments are not well covered by earnings

Does not have a meaningful market cap (₹171M)

Shareholders have been diluted in the past year



Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has Lexus Granito (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LEXUS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.2%

LEXUS

-2.3%

IN Consumer Durables

-0.4%

IN Market


1 Year Return

-53.5%

LEXUS

34.8%

IN Consumer Durables

11.1%

IN Market

Return vs Industry: LEXUS underperformed the Indian Consumer Durables industry which returned 34.8% over the past year.

Return vs Market: LEXUS underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

LEXUSIndustryMarket
7 Day-2.2%-2.3%-0.4%
30 Day-2.7%6.5%-1.2%
90 Day-13.2%11.3%3.3%
1 Year-53.5%-53.5%35.7%34.8%13.0%11.1%
3 Yearn/a49.1%46.8%25.3%18.6%
5 Yearn/a97.3%92.6%35.4%23.1%

Price Volatility Vs. Market

How volatile is Lexus Granito (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Lexus Granito (India) undervalued compared to its fair value and its price relative to the market?

0.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LEXUS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LEXUS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LEXUS is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: LEXUS is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LEXUS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LEXUS is good value based on its PB Ratio (0.3x) compared to the IN Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is Lexus Granito (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.9%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lexus Granito (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Lexus Granito (India) performed over the past 5 years?

-22.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LEXUS is currently unprofitable.

Growing Profit Margin: LEXUS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LEXUS is unprofitable, and losses have increased over the past 5 years at a rate of -22.2% per year.

Accelerating Growth: Unable to compare LEXUS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LEXUS is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (13.9%).


Return on Equity

High ROE: LEXUS has a negative Return on Equity (-3.34%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Lexus Granito (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: LEXUS's short term assets (₹1.2B) exceed its short term liabilities (₹828.5M).

Long Term Liabilities: LEXUS's short term assets (₹1.2B) exceed its long term liabilities (₹379.1M).


Debt to Equity History and Analysis

Debt Level: LEXUS's debt to equity ratio (85.4%) is considered high.

Reducing Debt: LEXUS's debt to equity ratio has reduced from 213.6% to 85.4% over the past 5 years.


Balance Sheet

Inventory Level: LEXUS has a high level of physical assets or inventory.

Debt Coverage by Assets: LEXUS's debt is covered by short term assets (assets are 2.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LEXUS has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if LEXUS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Lexus Granito (India)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate LEXUS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate LEXUS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LEXUS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LEXUS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LEXUS's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Anilkumar Detroja (33yo)

2.8yrs

Tenure

₹1,200,000

Compensation

Mr. Anilkumar Babulal Detroja serves as Managing Director of Lexus Granito (India) Limited since May 04, 2017 and has been its Whole Time Director since May 22, 2010. Mr. Detroja has an experience of more  ...


CEO Compensation Analysis

Compensation vs Market: Anilkumar's total compensation ($USD16.78K) is below average for companies of similar size in the Indian market ($USD50.14K).

Compensation vs Earnings: Anilkumar's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Babulal Detroja
Founder & Chairman0yrs₹1.20m1.86% 3.2m
Anilkumar Detroja
MD & Whole Time Director2.8yrs₹1.20m4.06% 6.9m
Dilipbhai Fultariya
Chief Financial Officer2.8yrs₹885.00kno data
Nilesh Detroja
Whole-Time Director2.8yrs₹1.20m4.11% 7.0m
Hitesh Detroja
Whole-Time Director2.8yrs₹1.20m2.58% 4.4m
Parulben Detroja
Whole-Time Director2.8yrs₹1.08m0.026% 44.5k
Kirti Goyal
Company Secretary & Compliance Officer0.08yrsno datano data

2.8yrs

Average Tenure

34.5yo

Average Age

Experienced Management: LEXUS's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Babulal Detroja
Founder & Chairman0yrs₹1.20m1.86% 3.2m
Anilkumar Detroja
MD & Whole Time Director2.8yrs₹1.20m4.06% 6.9m
Nilesh Detroja
Whole-Time Director2.8yrs₹1.20m4.11% 7.0m
Hitesh Detroja
Whole-Time Director2.8yrs₹1.20m2.58% 4.4m
Parulben Detroja
Whole-Time Director2.8yrs₹1.08m0.026% 44.5k
Yagneshkumar Adroja
Non-Executive Independent Director2.8yrsno datano data
Jitendrabhai Lakhtariya
Additional & Independent Director0.8yrsno datano data
Rakesh Amrutiya
Additional & Independent Director0.8yrsno datano data

2.8yrs

Average Tenure

33.5yo

Average Age

Experienced Board: LEXUS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.8%.


Top Shareholders

Company Information

Lexus Granito (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lexus Granito (India) Limited
  • Ticker: LEXUS
  • Exchange: NSEI
  • Founded: 2007
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: ₹170.797m
  • Shares outstanding: 19.19m
  • Website: https://www.lexusgranito.com

Number of Employees


Location

  • Lexus Granito (India) Limited
  • Survey No. 800
  • Opposite Lakhdhirpur Village, Lakhdhirpur Road
  • Rajkot
  • Gujarat
  • 363642
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LEXUSNSEI (National Stock Exchange of India)YesEquity SharesININROct 2017

Biography

Lexus Granito (India) Limited manufactures, trades, and markets vitrified ceramic tiles and wall tiles in India. The company offers wall, floor, and decorative elevation tiles. It serves home owners and commercial facilities. The company also exports its products to Saudi Arabia, Mexico, Kuwait, Oman, Canada, Nepal, Poland, Taiwan, etc. Lexus Granito (India) Limited was founded in 2007 and is based in Rajkot, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 13:12
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.