Laxmi Goldorna House Ltd: Stock Surges 4% on Bonus Share Approval
A small-cap company, Laxmi Goldorna House Ltd, saw its stock jump 4% after the board approved a 7:5 bonus share issue and set the record date for October 10, 2025.
Bonus SharesLaxmi Goldorna House LtdStock MarketReal EstateJewelry ManufacturingReal Estate NewsSep 05, 2025
With a Market Capitalization of Rs. 1,648.88 crore, Laxmi Goldorna House Ltd is trading at 790, up by 4.69 percent from its previous closing price of Rs. 754.60 per equity share.
What’s the News?
Laxmi Goldorna House Limited’s board has approved a bonus issue in the ratio of 7:5, where seven equity shares will be issued for every five existing shares held. It has also set the record date for October 10, 2025, which will increase the authorized share capital to Rs. 51 crore.
About the Company
Laxmi Goldorna House Limited is an Indian company engaged in real estate development and gold jewelry manufacturing and trading. It develops residential and commercial projects like Laxmi Villa Greens and Laxmi Eternia, while also producing and selling a variety of traditional, modern, and Indo-Western gold jewelry, including pieces with precious and semi-precious stones, using advanced 3D CAD design technology.
In Q1FY26, the company reported revenue of Rs. 28.67 crore, up 80.88 percent year-on-year from Rs. 15.85 crore in Q1FY25 and 3.43 percent quarter-on-quarter from Rs. 27.72 crore in Q4FY25. Profit rose to Rs. 2.22 crore, an 89.74 percent increase year-on-year from Rs. 1.17 crore and a 226.47 percent jump quarter-on-quarter from Rs. 0.68 crore, showing strong growth across both revenue and profitability.
At the moment, the company is trading at a price-to-earnings (P/E) ratio of 155x, which is higher than the industry average of 29x. A return on equity (ROE) of about 16.9 percent and a return on capital employed (ROCE) of about 16.9 percent demonstrate the company’s financial position. Its debt-to-equity ratio stands at 1.57.
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Frequently Asked Questions
What is a bonus share issue?
A bonus share issue is when a company provides additional shares to its existing shareholders at no cost. This is usually done to reward shareholders or to increase the liquidity of the stock.
Why did Laxmi Goldorna House Ltd's stock price increase?
Laxmi Goldorna House Ltd's stock price increased due to the board's approval of a 7:5 bonus share issue, which is seen as a positive signal by investors.
What is the record date for the bonus issue?
The record date for the bonus issue is October 10, 2025. Shareholders on this date will be eligible to receive the bonus shares.
What is the current market capitalization of Laxmi Goldorna House Ltd?
The current market capitalization of Laxmi Goldorna House Ltd is Rs. 1,648.88 crore.
What are the main business activities of Laxmi Goldorna House Ltd?
Laxmi Goldorna House Ltd is involved in real estate development and the manufacture and sale of gold jewelry. They develop residential and commercial projects and produce a variety of traditional and modern gold jewelry.
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