Lexus Granito (India) Ltd (LEXUS) Share Price & Fundamentals

What we do

Lexus Granito (India) Ltd manufactures and markets vitrified ceramic and wall tiles, serving domestic and international markets from its integrated manufacturing plant in Morbi, Gujarat.

Founded in

2,008

Market share

Recognized as Two Star Export House with a significant presence in tile manufacturing, focusing on low-cost vitrified tiles to enhance market position.

Problem solved

Provides durable, water and frost-resistant flooring alternatives to marble and granite for residential and commercial construction.

Top clients or who we serve

B2B and B2C markets including builders, architects, wholesalers, and retailers in India and overseas.

Key management

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Our journey and innovations

Founded in 2008, went public in 2017, expanded product portfolio, and integrated advanced tile manufacturing processes like hydraulic pressing and glazing.

Where we operate

Primarily India and export markets internationally.

Top products or what we offer

Vitrified ceramic tiles and wall tiles, water-resistant and suitable for floors and walls.

Top brands

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Raw materials needed

Clay, quartz, feldspar, silica, and water for manufacturing tiles.

Raw materials supplier

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Recurring vs cyclical contribution

Revenues are subject to cyclical construction industry trends.

Our industry position

Mid-sized player with growing export credentials in the competitive vitrified tile industry.

Financial highlights

FY 2024-25 revenue was Rs. 75.25 crore with net loss of Rs. 5.03 crore; recovering from previous losses.

Geographical revenue split

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Order book

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Whats driving growth

Shift to low-cost tiles, export market focus, and process efficiencies driving current growth.

Our future plans

Emphasis on cost efficiency and product diversification to improve performance.

Our green promise

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Our people and values

Committed to employee skill development, diversity, and safe work environment.

Key challenges ahead

Addressing statutory dues, improving financial health, and enhancing market share remain challenges.

Interesting facts

Transformed from a partnership to a public limited company in less than a decade.

Risks and strategy

Mitigating financial and compliance risks through strengthened governance and strategic focus.