Laxmi Goldorna House Ltd (LGHL.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-127.4%

-₹69.20

vs ₹252.90 price

Levered DCF

-₹218.46

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	259.2×	42.3×	27.25×	326.21×	1,033×	1,033×	1,133.09×	193.69×
P/B	16.1×	6.87×	5.69×	4.06×	4.14×	3.99×	5.64×	5.67×
P/S	10.9×	5.09×	1.28×	2.12×	2.17×	1.63×	1.62×	1.76×
EV / EBITDA	75.72×	24.21×	17.83×	53.47×	131.63×	67.23×	108.87×	53.5×
Gross margin	19.2%	31.0%	11.7%	23.0%	17.1%	6.5%	4.2%	4.1%
Operating margin	15.6%	25.3%	10.4%	4.6%	3.2%	2.9%	2.4%	3.8%
Net margin	4.2%	12.0%	4.7%	0.7%	0.2%	0.2%	0.1%	0.9%
Current ratio	4.63×	3.52×	4.97×	1.33×	1.7×	2.39×	3.45×	3.45×
Debt / equity	1.53×	1.57×	1.16×	1×	1.09×	0.46×	0.96×	0.72×
Interest coverage	1.49×	2.6×	4.96×	4,081.14×	2.03×	3.35×	1.61×	1.53×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.2%	16.2%	20.9%	1.2%	0.4%	0.4%	0.5%	2.9%
Return on invested capital	6.9%	10.1%	15.6%	3.1%	2.2%	3.4%	3.1%	5.3%
Return on assets	2.2%	5.8%	8.8%	0.3%	0.1%	0.2%	0.2%	1.7%
Free cash flow yield	-2.0%	-10.0%	-3.4%	3.9%	-12.5%	-1.8%	-3.9%	2.0%
Earnings yield	0.4%	2.4%	3.7%	0.3%	0.1%	0.1%	0.1%	0.5%
Enterprise value	₹12.5B	₹5.5B	₹3.1B	₹1.6B	₹1.6B	₹1.4B	₹1.5B	₹1.5B
Net debt / EBITDA	6.58×	4.49×	2.99×	10.35×	26.59×	6.77×	15.77×	5.94×
Cash conversion cycle (days)	631	804	166	1,045	790	279	208	197