Lexus Granito (India) Limited

NSE: LEXUS
Lexus Granito (India) Limited - manufacturing in Lakhdhirpur, Gujarat, India. FY 2026 financials & compliance.
CIN L26914GJ2008PLC053838 Incorporated 08 May 2008 ROC Ahmedabad HQ Lakhdhirpur, Gujarat, India
Active Listed - NSE: LEXUS Public Limited Company manufacturing MSME · Medium
Data last updated
Market Cap
₹22.79 Cr
LEXUS · NSE
Share Price
₹10.66
-2.74% today
Revenue
₹61.88 Cr
FY 2025-26 · -17.8% YoY
EBITDA
−₹0.99 Cr
Margin -1.6%
Net Profit
₹1.04 Cr
FY 2025-26 · +120.7% YoY
Authorised capital
₹22 Cr
Registered with MCA
Paid-up capital
₹20.79 Cr
Issued & subscribed
Open charges
₹35.95 Cr
Secured borrowings

About Lexus Granito (India) Limited

Data last updated:

Lexus Granito (India) Limited is a public limited company based in Lakhdhirpur, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 08 May 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L26914GJ2008PLC053838. Its GSTIN is 24AACCV7197E1Z5 (Gujarat). It is a listed company as per MCA records. Its shares are listed on NSE: LEXUS.

The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹20.79 Cr. It was formerly known as Vitco Vitrified Private Limited and Lexus Granito (India) Private Limited. It is led by directors including Anilkumar Babulal Detroja (Managing Director) and Hitesh Babulal Detroja (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No. 800 Opp. Lakhdhirpur Village Lakhdhirpur Road N. H. 8A Tal. Morbi, Gujarat, India – 363642.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹61.88 Cr, a decline of 17.8% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 1.7%) and EBITDA of -₹99 Lakh (EBITDA margin -1.6%). The net worth stands at ₹18.24 Cr (up 318.3% YoY). Total assets are valued at ₹93.15 Cr (down 0.4% YoY).

The company has about 13 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Lexus Granito. As per MCA filings, the company has open charges of ₹35.95 Cr on record. Court records list 205 cases involving the company, including 103 filed by the company and 102 filed against it; 93 cases are pending. The company has 23 deals on record (22 market trades, 1 ipo); the latest was in February 2026. Its 6 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 4 smaller; the largest is Vintage Tiles Private Limited with revenue of ₹124.17 Cr.

Lexus Granito (India) Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003575). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lexusgranito.com.

Company details

CIN L26914GJ2008PLC053838
Registration Number 053838
Incorporation Date 08 May 2008
ROC Ahmedabad
Listing Status Listed - Listed on NSE (LEXUS)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0003575

Name history

Lexus Granito (India) has undergone 2 name changes throughout its history. The company was previously known as Vitco Vitrified Private Limited, and Lexus Granito (India) Private Limited. The current legal name is Lexus Granito (India) Limited.

Company NameStatus
Lexus Granito (India) LimitedCurrent
Vitco Vitrified Private LimitedPrevious
Lexus Granito (India) Private LimitedPrevious

CIN history

Lexus Granito (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L26914GJ2008PLC053838, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L26914GJ2008PLC053838Current
U26914GJ2008PLC053838Previous
U26914GJ2008PTC053838Previous
Key People
Anilkumar Babulal Detroja Managing Director Hitesh Babulal Detroja Whole-Time Director Jitendrabhai Chandulal Lakhtariya Director

Recognitions & Rankings of Lexus Granito (India)

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0003575

Contact details

Lexus Granito (India) Limited's registered office is in Lakhdhirpur, Gujarat. Its website is lexusgranito.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    lexusgranito.com
  • Social Media
  • Registered Address
    Survey No. 800 Opp. Lakhdhirpur Village Lakhdhirpur Road N. H. 8A Tal. Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics

To see the full contact details of Lexus Granito (India) Limited, buy the company report.

Comprehensive company report
Lexus Granito (India) Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

Lexus Granito (India) operates one associated brand: Lexus Granito. Each brand links to its own profile.

BrandDescriptionWebsite
Lexus Granito
Manufactures and supplies vitrified tiles.lexusgranito.com

Business activity

The main business activities of Lexus Granito (India) are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Lexus Granito (India) Limited, buy the company report.

Financials of Lexus Granito (India) Limited

FY 2025-26 filings available

Lexus Granito (India) Limited reported revenue of ₹61.88 Cr (down 17.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹61.88 Cr
-17.8% YoY
EBITDA
−₹0.99 Cr
-115.0% YoY
Profit After Tax
₹1.04 Cr
+120.7% YoY
Net Worth
₹18.24 Cr
+318.3% YoY
Total Assets
₹93.15 Cr
-0.4% YoY
Total Debt
₹55.65 Cr
-14.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue61.8875.25118101139102101
Revenue growth-17.8%-36.2%+16.8%-27.2%+36.5%+1.0%-
EBITDA(0.99)6.611.215.1114.25(33.88)14.41
EBITDA margin-1.6%+8.8%+1.0%+5.1%+10.3%-33.3%+14.3%
Profit before tax0.90(5.47)(15.92)(11.58)10.73(49.22)(1.09)
Net profit1.04(5.03)(15.51)(11.84)6.57(48.66)(1.85)
Net profit margin+1.7%-6.7%-13.2%-11.7%+4.7%-47.9%-1.8%
EPS (₹)0.36(2.49)(8.21)(6.16)6.03(25.36)(0.97)
Balance sheet
Total assets93.1593.5585.4311397.6188.43133
Net worth18.244.369.3220.3532.1418.1166.77
Total debt55.6565.0758.0369.0858.8966.9663.53
Cash & bank0.020.110.070.240.191.890.05
Net working capital54.8145.9933.5444.4130.2238.7676.79
Cash flow
Cash from operations3.15(3.13)11.255.7835.863.5610.75
Cash from investing0.10(1.24)0.76(13.57)(14.39)(3.05)3.84
Cash from financing(3.34)4.41(12.18)7.84(21.45)1.33(14.59)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3.5611.5413.7118.6018.0420.9719.1317.37
Revenue growth (YoY)-80.3%-45.0%-28.3%+7.1%+1.5%---
Other income3.293.365.443.700.010.020.090.16
Total expenses7.1412.4216.0619.4814.9117.3316.2116.56
EBITDA(3.58)(0.88)(2.35)(0.88)3.133.642.920.81
EBITDA margin-100.6%-7.6%-17.1%-4.7%+17.4%+17.4%+15.3%+4.7%
Depreciation1.331.601.651.651.682.082.022.02
Interest1.031.520.780.870.871.191.000.95
Profit before tax(2.65)(0.64)0.660.300.590.39(0.01)(2.00)
Tax0.030.02(0.05)(0.07)(0.03)(0.14)(0.08)(0.11)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3.5611.5413.7118.6018.0420.9719.1317.37
Revenue growth (YoY)-80.3%-45.0%-28.3%+7.1%+1.5%---
Other income3.293.365.443.700.010.020.090.16
Total expenses7.1412.4216.0619.4814.9117.3316.2116.56
EBITDA(3.58)(0.88)(2.35)(0.88)3.133.642.920.81
EBITDA margin-100.6%-7.6%-17.1%-4.7%+17.4%+17.4%+15.3%+4.7%
Depreciation1.331.601.651.651.682.082.022.02
Interest1.031.520.780.870.871.191.000.95
Profit before tax(2.65)(0.64)0.660.300.590.39(0.01)(2.00)
Tax0.030.02(0.05)(0.07)(0.03)(0.14)(0.08)(0.11)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue61.8875.25118101139102101
Revenue growth-17.8%-36.2%+16.8%-27.2%+36.5%+1.0%-
Other income12.510.290.541.0910.850.093.06
Total expenses62.8768.6411795.8712413686.24
Employee cost0.001.843.193.594.723.615.58
EBITDA(0.99)6.611.215.1114.25(33.88)14.41
EBITDA margin-1.6%+8.8%+1.0%+5.1%+10.3%-33.3%+14.3%
Depreciation6.588.1112.7113.458.429.2510.88
Interest4.044.264.964.335.956.187.68
Profit before tax0.90(5.47)(15.92)(11.58)10.73(49.22)(1.09)
Tax(0.14)(0.44)0.660.26(0.85)(0.55)0.76
Net profit1.04(5.03)(15.51)(11.84)6.57(48.66)(1.85)
Net profit margin+1.7%-6.7%-13.2%-11.7%+4.7%-47.9%-1.8%
EPS (₹)0.36(2.49)(8.21)(6.16)6.03(25.36)(0.97)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital20.7920.1920.1919.1919.1919.1919.19
Reserves & surplus(12.61)(15.83)(10.87)1.1612.95(1.08)47.58
Shareholders' funds (net worth)18.244.369.3220.3532.1418.1166.77
Secured loans22.5327.4831.7431.7333.1145.0138.97
Unsecured loans33.1237.5926.2937.3525.7821.9524.56
Total debt55.6565.0758.0369.0858.8966.9663.53
Total liabilities93.1593.5585.4311397.6188.43133
Assets
Gross block13013113013698.43127122
Net block30.5336.9343.7357.2832.9345.2749.94
Capital work in progress0.000.030.250.2824.350.000.00
Investments0.010.010.010.010.012.362.36
Inventories62.7663.5053.9371.5562.6957.4383.01
Sundry debtors5.298.3512.2014.4420.6832.8942.65
Cash & bank balances0.020.110.070.240.191.890.05
Loans & advances2.802.702.621.201.041.370.96
Total current assets70.8774.6668.8287.4384.6093.58127
Total current liabilities16.0628.6735.2843.0254.3854.8249.88
Net working capital54.8145.9933.5444.4130.2238.7676.79
Total assets93.1593.5585.4311397.6188.43133
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.110.070.240.190.180.050.05
Net cash from operating activities3.15(3.13)11.255.7835.863.5610.75
Net cash from investing activities0.10(1.24)0.76(13.57)(14.39)(3.05)3.84
Net cash from financing activities(3.34)4.41(12.18)7.84(21.45)1.33(14.59)
Net change in cash(0.10)0.04(0.17)0.050.021.840.00
Closing cash0.020.110.070.240.191.890.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-17.8%-36.2%+16.8%-27.2%+36.5%+1.0%-
EBITDA growth-115.0%+446.3%-76.3%-64.1%+142.1%-335.1%-
PBT growth+9998.0%+65.6%-37.5%-+9998.0%-4415.6%-
Net income growth+120.7%+67.6%-31.0%-280.2%+113.5%-2530.3%-
Revenue CAGR (3Y)-15.1%-18.5%+5.1%+0.1%+1.0%-17.6%-15.1%
EBITDA CAGR (3Y)--22.6%--29.2%-3.7%--8.5%
Profitability & leverage
Net income margin+1.7%-6.7%-14.1%-11.7%+8.4%-47.9%-1.8%
Return on capital employed-0.0%0.0%0.0%+11.5%0.0%+4.9%
Return on net worth-0.0%0.0%0.0%+19.5%0.0%-2.8%
Debt / equity-9.004.282.442.501.540.94
Long-term debt / equity-5.262.391.251.160.680.42
Interest cover-53.37-284.00-43.13-51.92102.06-14.33217.56
Efficiency & per share
Fixed asset turnover-0.580.890.861.230.820.83
Inventory turnover-1.281.881.502.311.451.27
Debtors turnover-7.328.865.755.182.692.47
EPS (₹)0.36(2.49)(8.21)(6.16)6.03(25.36)(0.97)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.002.164.6210.6116.759.4434.79

To see the full year-wise statements and ratios of Lexus Granito (India) Limited, buy the company report.

Board of directors of Lexus Granito (India) Limited

Lexus Granito (India) has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hitesh Babulal Detroja
Also directs: Detroja Foundation
Whole-Time Director02 Aug 201016 Years 2 MonthsCurrent
Anilkumar Babulal Detroja
Also directs: Detroja Foundation
Managing Director22 May 201016 Years 5 MonthsCurrent
Jitendrabhai Chandulal LakhtariyaDirector05 Feb 20197 Years 8 MonthsCurrent
Dimpalben Anilbhai DetrojaDirector17 Jun 20224 Years 4 MonthsCurrent
Chirag Mukeshbhai HiraniDirector22 Jul 20242 Years 3 MonthsCurrent
Umangkumar Mahendrabhai JagodanaDirector22 Jul 20242 Years 3 MonthsCurrent
View all directors

Peer comparison

Lexus Granito (India) Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vintage Tiles Private Limited₹124.17 Cr (FY 2025)-17.0%Morbi, Gujarat, India
Spentagon Ceramic Private Limited₹120.07 Cr (FY 2025)14.0%Rangpar, Gujarat, India
Bonza Vitrified Private Limited₹114.35 Cr (FY 2025)-22.0%Wankaner, Gujarat, India
Proton Granito Private Limited₹113.79 Cr (FY 2025)29.0%Wankaner, Gujarat, India
Sonic Ceramic Private Limited₹111.39 Cr (FY 2025)138.0%Ghuntu, Gujarat, India
Qutone Granito Private Limited₹111.33 Cr (FY 2017)21.0%Vaghasiya, Gujarat, India
Lexus Granito (India) Limitedthis company₹61.88 Cr (FY 2026)₹1.04 Cr1.7%-17.8%13Lakhdhirpur, Gujarat, India

To see the full peer comparison of Lexus Granito (India) Limited, buy the company report.

Auditor

Lexus Granito (India) Limited is audited by ASHOKHOLANI&CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASHOKHOLANI&COFY 2023009840C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 52.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 47.10%.

Promoters: 52.90%Retail & Others: 47.10%
Sep 2026
QUARTER
52.90% Promoters
47.10% Retail & Others
Promoter holding - history
Now 52.90% · Sep 2026High 55.10% · Dec 2025Low 52.90% · Sep 2026
51%52.5%54%55.5%57%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 55.10%Mar 2026: 54.30%Jun 2026: 53.10%Sep 2026: 52.90%55.10%52.90%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters52.90%53.10%54.30%55.10%
Public47.10%46.90%45.70%44.90%

Charges & borrowings

Open charges
₹35.95 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹29.55 Cr
Others₹6.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 May 2026101336336State Bank of India₹3.52 CrOpen
17 Aug 2020100374427State Bank of India₹2.2 CrOpen
03 Apr 2017100177771Others₹6.4 CrOpen
12 Oct 201010247180State Bank of India₹23.83 CrOpen

To see the full charge records of Lexus Granito (India) Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Lexus Granito (India) Limited has 23 deals on record (22 market trades, 1 ipo); the latest was in February 2026.

Total deals
23
Market trades
22
IPO
1

Deals on record (5 of 23)

WhenDealAmountParties
Feb 2026Market trade₹1.04 CrSeller: Sainathkripa Commercial LLP
Feb 2026Market trade₹83.7 LakhSeller: Sainathkripa Commercial LLP
Feb 2026Market trade₹97.1 LakhSeller: Sainathkripa Commercial LLP
Jun 2024Market trade₹2.63 CrBuyer: Setu Securities Private Limited , Indra Kiran Ventures, an individual
Seller: Setu Securities Private Limited , Indra Kiran Ventures, an individual
Apr 2024Market trade₹1.68 CrBuyer: NK Securities Research Private Limited , an individual
Seller: NK Securities Research Private Limited , an individual

To see the full deal history of Lexus Granito (India) Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Lexus Granito (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Lexus Granito (India) Limited has a workforce of 13 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
-23.53%

GST

Lexus Granito (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCV7197E1Z5GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Lexus Granito (India) Limited, buy the company report.

Recent activity

Lexus Granito (India) Limited has 38 board changes on record since 2008: 22 appointments and 16 cessations. The latest: Sagarbhai Rasikbhai Jasani ceased to be Director on 26 Nov 2024.

Charges
A charge with State Bank Of India amounted to Rs. 3.52 Cr with Charge ID 101336336 was registered on 27 May 2026.
Charges
A charge with State Bank Of India of Rs. 23.83 Cr registered on 12 Oct 2010 with Charge ID 10247180 was modified on 27 May 2026.
Filing
Lexus Granito (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Lexus Granito (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Sagarbhai Rasikbhai Jasani ceased to be Director.
Appointed
Chirag Mukeshbhai Hirani was appointed as Director.
Appointed
Umangkumar Mahendrabhai Jagodana was appointed as Director.
Ceased
Rakesh Jayantilal Amrutiya ceased to be Director.
Ceased
Ishwarbhai Keshavjibhai Sanghani ceased to be CFO.
Ceased
Babulal Mahadevbhai Detroja ceased to be Whole-Time Director.
Appointed
Dimpalben Anilbhai Detroja was appointed as Director.
Ceased
Nileshbhai Babubhai Detroja ceased to be Whole-Time Director.

34 earlier events are in the company report.

News

Frequently asked questions

Lexus Granito (India) is an active public limited company based in Lakhdhirpur, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 08 May 2008 (18+ years old) and is registered under CIN L26914GJ2008PLC053838. Listed on NSE: LEXUS.

Lexus Granito (India) reported revenue of ₹61.88 Cr for FY 2025-26 (down 17.8% YoY) based on standalone financials.

Lexus Granito (India) has 6 current directors:

The latest financial statements of Lexus Granito (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Lexus Granito (India) is 24AACCV7197E1Z5, registered in Gujarat.

The CIN (Corporate Identification Number) of Lexus Granito (India) is L26914GJ2008PLC053838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Lexus Granito (India) is a listed company as per MCA records. Its shares are listed on NSE (symbol: LEXUS).

Lexus Granito (India) has 205 court cases on record: 103 filed by the company and 102 filed against it. 93 are pending. Most are in the district courts.

Lexus Granito (India) was incorporated on 08 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Lexus Granito (India) has 23 deals on record (22 market trades, 1 ipo); the latest was in February 2026.

The peers of Lexus Granito (India) by revenue are Vintage Tiles Private Limited, Spentagon Ceramic Private Limited, Bonza Vitrified Private Limited, Proton Granito Private Limited, Sonic Ceramic Private Limited and 1 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).