Laxmi Goldorna House (NSE:LGHL) ROE %: -34.89% (As of Mar. 2026)

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NSE:LGHL Laxmi Goldorna House Ltd NSE:LGHL
70 GF Score
Price ₹182.00
GF Value ₹139.25
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Laxmi Goldorna House ROE %?

Laxmi Goldorna House NSE:LGHL -7.35% 70 ROE % is -34.89% as of Mar. 2026. GuruFocus rates NSE:LGHL with a GF Score™ of 70/100 and a GF Value™ of ₹139.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,101 Retail - Cyclical companies, Laxmi Goldorna House ranks worse than 59.13% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Laxmi Goldorna House's annualized net income for the quarter that ended in Mar. 2026 was ₹-247 Mil. Laxmi Goldorna House's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹707 Mil. Therefore, Laxmi Goldorna House's annualized ROE % for the quarter that ended in Mar. 2026 was -34.89%.

The historical rank and industry rank for Laxmi Goldorna House's ROE % or its related term are showing as below:

NSE:LGHL' s ROE % Range Over the Past 10 Years
Min: 0.4   Med: 3.15   Max: 24.53
Current: 4.16

During the past 10 years, Laxmi Goldorna House's highest ROE % was 24.53%. The lowest was 0.40%. And the median was 3.15%.

NSE:LGHL's ROE % is ranked worse than
59.13% of 1101 companies
in the Retail - Cyclical industry
Industry Median: 6.49 vs NSE:LGHL: 4.16

Laxmi Goldorna House  (NSE:LGHL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-246.576/706.645
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-246.576 / 1065.512)*(1065.512 / 1969.73)*(1969.73 / 706.645)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.14 %*0.5409*2.7874
=ROA %*Equity Multiplier
=-12.52 %*2.7874
=-34.89 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-246.576/706.645
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-246.576 / -220.564) * (-220.564 / -79.58) * (-79.58 / 1065.512) * (1065.512 / 1969.73) * (1969.73 / 706.645)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1179 * 2.7716 * -7.47 % * 0.5409 * 2.7874
=-34.89 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Laxmi Goldorna House ROE % Related Terms


Laxmi Goldorna House ROE % Historical Data

* Premium members only.

The historical data trend for Laxmi Goldorna House's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Laxmi Goldorna House ROE % Chart

Laxmi Goldorna House Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 1.25 24.53 19.11 6.47

Laxmi Goldorna House Quarterly Data
Mar18 Mar19 Sep19 Mar20 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.76 13.68 20.09 16.53 -34.89

NSE:LGHL vs TPR: ROE % Comparison

For the Luxury Goods subindustry, Laxmi Goldorna House's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Laxmi Goldorna House ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laxmi Goldorna House's ROE % distribution charts can be found below:

* The bar in red indicates where Laxmi Goldorna House's ROE % falls into.


NSE:LGHL
70GF Score
Laxmi Goldorna House Ltd NSE:LGHL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Laxmi Goldorna House ROE % Calculation

Laxmi Goldorna House's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=43.881/( (650.224+706.645)/ 2 )
=43.881/678.4345
=6.47 %

Laxmi Goldorna House's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-246.576/( (0+706.645)/ 1 )
=-246.576/706.645
=-34.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -34.89% mean?
Laxmi Goldorna House (NSE:LGHL) has a ROE % of -34.89% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Laxmi Goldorna House and its competitors. Over the past decade, Laxmi Goldorna House's ROE % has ranged from 0.40 to 24.53. According to the industry distribution chart, Laxmi Goldorna House ranks #651 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 59.1%.
Is Laxmi Goldorna House's ROE % too high?
Laxmi Goldorna House's current ROE % is -34.89%. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 24.53. Based on the distribution chart, Laxmi Goldorna House ranks #651 out of 1101 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Laxmi Goldorna House has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Laxmi Goldorna House's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Laxmi Goldorna House ranks #651 out of 1101 companies for ROE %. This places Laxmi Goldorna House in the lower half of its industry. The industry median ROE % is 6.49. Historically, Laxmi Goldorna House's own ROE % has ranged from 0.40 to 24.53 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,101 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Laxmi Goldorna House and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Goldorna House's current ROE % is -34.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Goldorna House stock overvalued right now?
Based on GuruFocus' analysis, Laxmi Goldorna House (NSE:LGHL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹139.25, compared to a current price of ₹182.00 — trading 30.7% above its estimated fair value. The current ROE % is -34.89%. Laxmi Goldorna House's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Laxmi Goldorna House (NSE:LGHL), the current ROE % is -34.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Laxmi Goldorna House (NSE:LGHL) Overvalued in 2026?

Based on GuruFocus' analysis, Laxmi Goldorna House stock appears to be overvalued. The current stock price of ₹182.00 is trading 30.7% above its estimated GF Value™ of ₹139.25. GuruFocus considers Laxmi Goldorna House to be Significantly Overvalued.

Key valuation signals for NSE:LGHL:

  • ROE %: -34.89%
  • GF Value™: ₹139.25 vs. price of ₹182.00 (30.7% above fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the NSE:LGHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Laxmi Goldorna House Business Description

Address M. G. Haveli Road, Laxmi House, Opposite Bandharano Khancho, Manekchowk, Ahmedabad, GJ, IND, 380001
Laxmi Goldorna House Ltd is engaged in the business of processing, wholesale, and retail trading of gold jewellery and ornaments. Its collection of manufactured products includes gold jewellery with or without studded precious and semi-precious stones. It is engaged in two business segments, which include the processing and trading business of Gold Jewellery and Real Estate activity. The group generates the majority of its revenue from the Gold Jewellery segment.
70GF Score

Get the complete analysis for NSE:LGHL

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹182.00
Price
₹139.25
GF Value