Lamosaic IndiaShare price, financial results, shareholding and management
- Market cap
- ₹50 cr
- Stock P/E
- 29.9peers 12.1
- Book value
- ₹77
- Price to book
- 0.63
- EV / operating profit
- 14.4
- Market cap to sales
- 0.49
- ROCE · FY26
- 4.6%
- ROE · FY26
- 2.1%
- ROE, 3-year average
- 3.7%
- Operating margin · FY26
- 3.9%peers 12.0%
- Sales growth, 3 years
- -28.8%
- Profit growth, 3 years
- -32.7%
- Debt to equity
- 0.10peers 0.50
- Borrowings
- ₹7.7 cr
- Interest cover
- 3.5×
- Cash from business / op. profit
- -394%
- Debtor days
- 326
- Pledged
- 0.00%
- Promoter holding
- 49.50%
- Change in promoter holding
- -19.76 pts
- Shareholders
- 2,511
- 52-week high / low
- ₹62 / ₹20
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
Lamosaic India share price chart
Close on 6 Nov 2026 · -1.23% on the day · Vol 6,600
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- +2.3%
- 3 months
- -12.3%
- 6 months
- +105.5%
- 1 year
- +23.1%
- Since IPO
- -75.8%
- Traded a day, 20 days
- ₹0.36 cr
- Taken for delivery
- 89%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | -29% | -33% |
| 3 years, a year | - | - |
| Latest half, H2 FY26 | -1% | - |
About Lamosaic India: business, products and customers
Lamosaic India trades decorative laminates, plywood, printed paper, acrylic sheets and doors, supplied mainly through dealers in Maharashtra from godowns in Pune. Its shares trade on NSE Emerge.
Lamosaic India began as the partnership firm Swastik Marketing in 2020 and became a public company in June 2023. It purchases decorative laminates, printed and base paper, acrylic sheets, plywood, flush doors and other wood based products and supplies them, mostly to dealers in Maharashtra; the FY25 annual report also described a small workshop at Chembur making flush doors and customised doors, and a small franchise income. In FY26 the company reported no material consumed at all, so the year was almost entirely trading, run with three permanent employees.
Because it is a trader, the cost of goods bought is nearly all of its sales and the margin left is thin, so profit depends on volume and on collecting money from dealers. The company itself names credit risk from its dealer model and long collection cycles as a concern, and money owed by customers was close to a full year of sales at March 2026. The annual reports name no listed rival; they describe competition from national brands, unorganised makers and cheap imports.
Read more about the business
What is new: in June 2026 the board proposed adding textiles as a new line of business, raising the authorised share capital to ₹61 cr ahead of a possible fund raise, moving the registered office to Mumbai, and appointing Sukhdev Singh as Chairman and Managing Director. Over the same months the two promoters sold shares in the market.
From the FY25 and FY26 annual reports and the promoters' share sale disclosures of June and July 2026.
Read the deeper study ↓In its favour
- It has little debt for its size: debt to equity 0.10.
To watch
- The outcome of the DGGI proceedings that began with the April 2025 search.
- Payment of the income tax and TDS that were unpaid at March 2026.
- Collection of the ₹91.2 cr owed by customers at March 2026.
- The proposed fund raise and the move into textiles put to the July 2026 annual general meeting.
- Customers take longer to pay than before: 326 days in FY26, against 133 in FY24.
From the company's documents first, then the reported figures read by fixed rules, the same for every company. Facts, not a view on the shares.
Lamosaic India revenue and profit growth
Half-yearly results · Profit and lossSales have fallen. Last year profit grew roughly in step with sales.
SME companies report every six months. In the latest half, sales were lower than in the same half a year before.
Lamosaic India half-yearly results
SME companies report every six months · ₹ crore
| H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|
| Sales | 35 | 73 | 70.67 | 32.40 | 69.71 |
| Expenses | 27 | 56 | 80.35 | 27.49 | 70.62 |
| Operating profit | 8 | 16 | -9.67 | 4.91 | -0.92 |
| OPM | 22.0% | 23.0% | -13.7% | 15.2% | -1.3% |
| Interest | 2 | 2 | 1.14 | 0.61 | 0.50 |
| Depreciation | 0 | 0 | 0.17 | 0.17 | 0.06 |
| Profit before tax | 6 | 14 | -10.93 | 4.20 | -1.38 |
| Net profit | 4 | 10 | -7.93 | 2.75 | -1.08 |
Lamosaic India profit and loss
Full years to March, FY24 to FY26 · ₹ crore, consolidated where reported
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Sales | 51 | 143.49 | 102.11 |
| Expenses | 38 | 136.73 | 98.12 |
| Operating profit | 13 | 6.77 | 3.99 |
| OPM | 26.0% | 4.7% | 3.9% |
| Other income | 0 | 0.10 | 0.17 |
| Interest | 2 | 3.05 | 1.11 |
| Depreciation | 0 | 0.39 | 0.23 |
| Exceptional and other items | -1 | · | · |
| Profit before tax | 10 | 3.43 | 2.82 |
| Tax rate | 20.0% | 27.7% | 40.8% |
| Net profit | 8 | 2.48 | 1.67 |
| EPS ₹ | 10.50 | 2.98 | 1.61 |
| Dividend payout | 0.0% | 0.0% | 0.0% |
The years to FY24 come rounded to the nearest crore in the source.
Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.
Lamosaic India profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a low return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Operating margin | 26.0% | 4.7% | 3.9% |
| Tax rate | 20.0% | 27.7% | 40.8% |
| ROCE | · | 11.1% | 4.6% |
| ROE | · | 5.3% | 2.1% |
| Dividend payout | 0.0% | 0.0% | 0.0% |
Lamosaic India debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. Its loans are smaller than its own money. Last year the business used more cash than it brought in. Customers take longer to pay than they did in FY24, which ties up more of the company's money in unpaid bills.
Bars below the line are cash going out.
Lamosaic India balance sheet
At each 31 March · ₹ crore
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Equity capital | 7 | 10.34 | 10.34 |
| Reserves | 8 | 67.56 | 69.23 |
| Net worth | 15 | 77.90 | 79.57 |
| Borrowings | 17 | 7.26 | 7.70 |
| Other liabilities | 19 | 29.48 | 41.15 |
| Total liabilities | 51 | 114.64 | 128.42 |
| Fixed assets | 6 | 5.17 | 0.22 |
| Capital work in progress | 0 | 2 | 2 |
| Investments | 0 | 0 | 1.40 |
| Other assets | 45 | 107.47 | 124.80 |
| Receivables | · | 57.54 | 91.22 |
| Inventory | · | 29.50 | 27.40 |
| Cash | · | 2.38 | 0.06 |
| Trade payables | · | 20.28 | 21.66 |
Lamosaic India cash flow
₹ crore
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Cash from operations | -4 | -31.44 | -15.71 |
| Cash from investing | -6 | -19.20 | 16.60 |
| Cash from financing | 11 | 51.55 | -1.80 |
| Net cash flow | 1 | 0.91 | -0.91 |
| Capital spending | · | 1.76 | 0 |
Working capital
Days
| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Debtor days | 133 | 146 | 326 |
| Inventory days | 224 | 86 | 103 |
| Days payable | 128 | 59 | 82 |
| Cash conversion cycle | 229 | 173 | 348 |
| Working capital days | 102 | 131 | 251 |
Lamosaic India peers and competitors
Listed SME companies in the same industryBy sales, Lamosaic India is number 41 of the 79 listed SME companies in consumer durables.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Arham Technologies | 427 | 35.0 | 119 | 12.2 | 16.1% | 0.27 |
| Goldkart Jewels | 175 | 49.2 | 117 | 3.6 | 6.0% | 0.60 |
| Manoj Jewellers | 17 | 1.9 | 114 | 9 | 12.0% | 0.44 |
| Visdem Technosys | 101 | 13.0 | 105 | 7.8 | 15.6% | 0.73 |
| Manilam Industries India | 126 | 61.2 | 104 | 2.1 | 11.3% | 0.72 |
| TNA Solutions | 106 | 10.6 | 103 | 10 | 12.0% | 1.28 |
| Lamosaic India | 50 | 29.9 | 102 | 1.7 | 3.9% | 0.10 |
| Aritas Vinyl | 29 | 5.7 | 101 | 5 | 9.0% | 0.56 |
| Sham Foam | 96 | 11.1 | 92.3 | 8.7 | 12.1% | 0.19 |
| Koura Fine Diamond Jewelry | 27 | 36.1 | 91.8 | 0.8 | 1.3% | 0.02 |
| Omfurn India | 64 | 10.1 | 86.4 | 6.3 | 14.5% | 0.16 |
| Median of the 10 others | 99 | 12.1 | 104 | 7 | 12.0% | 0.50 |
Lamosaic India shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own less than half the company, a little less than in the first filing shown. Big foreign and Indian funds own very little. The number of shareholders has come down.
Lamosaic India shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Nov 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | |
|---|---|---|---|---|---|---|---|
| Promoters | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% | 69.26% | 49.50% |
| Foreign investors (FIIs) | - | 0.00% | - | - | - | - | - |
| Indian institutions (DIIs) | - | 0.00% | - | - | - | - | - |
| HNIs (over ₹2 lakh each) | 3.50% | 2.61% | 1.94% | 2.37% | 2.22% | 3.53% | 14.96% |
| Small holders (up to ₹2 lakh) | 22.30% | 24.99% | 25.68% | 25.46% | 25.48% | 25.87% | 26.88% |
| Companies and others | 3.80% | 2.00% | 1.98% | 1.77% | 1.90% | 1.34% | 8.66% |
| Number of shareholders | 3,936 | 2,895 | 2,831 | 2,755 | 2,649 | 2,538 | 2,511 |
The named holders are at 30 June 2026, beside 31 March 2026, each under the group the pattern files them in.
Lamosaic India study: the business from its own documents
Read from 2 of the company's own documentsLamosaic India so far
From the company's own record
- 29 Nov 2024Listed on NSE Emerge at ₹200
- 21 Aug 2026An order announced
- 30 June 2026Promoters at 49.50%
- 29 Nov 2024Highest close since listing, ₹144.54
Lamosaic India key facts from the filings
Each figure with the document it comes from
- Sales
- ₹102.1 cr
- FY26 revenue from operations, down from ₹143.5 cr in FY25; profit after tax fell to ₹1.7 cr.Annual report FY26, p.55
- Money owed by customers
- ₹91.2 cr
- Trade receivables at March 2026, up from ₹57.5 cr; ₹10.7 cr was more than six months past due.Annual report FY26, p.136 and p.137; reported figures, our arithmetic
- Cash from operations
- ₹-15.7 cr
- FY26 operating cash flow, after ₹-31.4 cr in FY25; cash in hand and at bank was ₹0.06 cr at March 2026.Annual report FY26, p.123
- Unpaid income tax
- ₹3.6 cr
- Self-assessment tax for FY24 and FY25 still unpaid at March 2026; the auditor notes the FY24 return was not filed for want of cash.Annual report FY26, p.103 and p.111
- GST search
- April 2025
- The DGGI searched the Pune and Mumbai offices; proceedings on past GST compliance are pending and no provision has been made.Annual report FY26, p.82 and p.102
Show 5 more facts
- IPO money
- ₹61.2 cr
- Raised in November 2024 at ₹200 a share and fully used by March 2026, ₹44.1 cr of it for working capital.Annual report FY26, p.58 and p.59
- Promoter selling
- 50.69% → 26.29%
- Vinod Juthalal Visaria's holding, from March 2025 to after an open market sale on 6 July 2026.Annual report FY25, p.110; Disclosure under Regulation 29(2), 7 July 2026, p.4
- Exchange fines
- ₹0.13 cr
- Fines for filing the FY25 and first half FY26 results late, which the company links to the GST search.Annual report FY26, p.76 and p.77
- Permanent staff
- 3
- Permanent employees at March 2026, for a business with more than ₹100 cr of sales.Annual report FY26, p.101
- New line proposed
- Textiles
- The June 2026 notice adds textiles to the main objects and lifts authorised capital to ₹61 cr for a possible fund raise.Annual report FY26, p.32 to p.34
Is it a good business? Six questions
Each answer is about that one question, read from the documents; tap one for the evidence. Not a view on the shares.
Lamosaic India earns a thin margin by purchasing laminates and plywood in bulk and passing them on to dealers, so its profit rests on volume and on getting paid.
Its weak spots are money stuck with dealers, unpaid taxes, a pending GST case, promoters selling shares, and a plan to move into an unrelated business.
WatchCan it set its own prices?No. It passes on products made by others and faces pricing pressure from brands, small makers and imports.
WatchHow strong is it against rivals?It has no brand or plant of its own described, and many competitors.
WatchWho are its customers?Dealers, mainly in Maharashtra, who pay slowly.
WatchDoes it need a lot of money?Yes. Its money is tied up in dealer credit and stock, and it has run short of cash despite the IPO.
WatchCan it keep finding new work?Sales fell in FY26 and the board is now looking at textiles rather than its own trade.
WatchDo good and bad years swing a lot?Demand follows building and interiors work, and the company has only a short record as a company.
Who runs Lamosaic India?
Promoters, directors and officers; tap a name for the background
VJVinod Juthalal VisariaPromoter and Managing Director · holds 26.29%
Chairman and Managing Director until 29 June 2026, then Managing Director. The annual reports read give no education or earlier work. Paid ₹0.12 cr in FY26. Sold 7,26,000 shares in the market on 6 July 2026, leaving 26.29%.
Annual report FY26, p.7, p.62 and p.141; Disclosure under Regulation 29(2), 7 July 2026, p.4JMJay Manilal ChhedaPromoter and Non-Executive Director · holds 13.54%
A Bachelor of Commerce graduate described as knowing decorative laminates and plywood well. On the board since June 2023, Chief Financial Officer until October 2025 and Executive Director until January 2026. Held 13.54% after a market sale on 18 June 2026.
Annual report FY25, p.30; Annual report FY26, p.61 and p.62; Disclosure under Regulation 29(2), 19 June 2026, p.4SSSukhdev SinghChairman and Managing Director
Senior secondary education, with over six years in banking and financial services at Indiabulls Venture (collections), Cholamandalam Investment and Finance (relationship manager) and Unity Small Finance Bank (manager). Appointed from 29 June 2026 for three years, subject to shareholders; holds no shares and is not related to any director.
Annual report FY26, p.35, p.36 and p.40JKJitesh Khushalchand MamaniyaExecutive Director and Chief Financial Officer · holds 0.22%
Educated to matriculation, with more than thirteen years in laminates and with the company since its incorporation. Chief Financial Officer from 29 October 2025; paid ₹0.06 cr in FY26.
Annual report FY26, p.43, p.51 and p.54GGGarima GuptaIndependent Director
Appointed for five years from 29 January 2026, when all three earlier independent directors resigned; the annual report gives no further background.
Annual report FY26, p.61 and p.62DBDevesh BhatiIndependent Director
Appointed for five years from 29 January 2026, approved by postal ballot in March 2026; the annual report gives no further background.
Annual report FY26, p.62Lamosaic India latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹69.7 cr (-1%), net profit -₹1.1 cr (-) on H2 FY25.
- Shareholding, 30 June 2026: promoters 69.26% to 49.50%.
- 21 Aug 2026: an order announced.
Lamosaic India announcements
39 on record, latest first; each opens the filing on the exchange
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Updates'Board comments on fine levied by the Exchange'PDF ↗
- Rights IssueRaising of Funds through Rights IssuePDF ↗
- Change in Director(s)Of the companyPDF ↗
- Outcome of Board MeetingHeld on September 25, 2026PDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Action(s) taken or orders passedAction(s) taken or orders passedPDF ↗
- Change in Director(s)Of the companyPDF ↗
- Amendment to AOA/MOAOf the companyPDF ↗
- Shareholders meetinga Voting Results and copy Scrutinizer's report of the Third Annual General Meeting held on 24th July, 2026PDF ↗
- Shareholders meetingProceedings of Annual General Meeting held on July 24, 2026PDF ↗
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Certificates under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the Quarter ended 30th JPDF ↗
Lamosaic India annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Lamosaic India share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Lamosaic India's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (1,03,38,008 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY24 to FY26.
- iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.
Questions people ask about Lamosaic India
What does Lamosaic India do?
Lamosaic India trades decorative laminates, plywood, printed paper, acrylic sheets and doors, supplied mainly through dealers in Maharashtra from godowns in Pune. Its shares trade on NSE Emerge.
What is the share price of Lamosaic India?
₹48.3 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Lamosaic India?
₹50 cr at the close on 6 Nov 2026, on 1,03,38,008 shares.
What is the P/E of Lamosaic India?
29.9 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Lamosaic India's revenue and profit?
Revenue ₹102 cr and profit after tax ₹2 cr in FY26.
Who are the promoters of Lamosaic India?
Vinod Juthalal Visaria, Jay Manilal Chheda; promoters held 49.50% at 30 June 2026.
What was the IPO price of Lamosaic India?
₹200 a share; it listed on 29 Nov 2024.
What is Lamosaic India's website?
www.lamosaic.in
More SME companies like Lamosaic India
Other listed SME companies in consumer durables, the closest in size first, each read from its own documents.
- Ganga Bath FittingsGANGABATH · NSE Emerge · Consumer Durables · listed 2025Market cap ₹51 cr
- Shoora DesignsSHOORA · BSE SME · Consumer DurablesMarket cap ₹47 cr
- Eighty JewellersEIGHTY · BSE SME · Consumer DurablesMarket cap ₹45 cr
- Naman Industries ProximaNAMAN · NSE Emerge · Consumer Durables · listed 2024Market cap ₹56 cr
- Omfurn IndiaOMFURN · NSE Emerge · Consumer Durables · listed 2017Market cap ₹56 cr
- Pulz ElectronicsPULZ · NSE Emerge · Consumer Durables · listed 2017Market cap ₹56 cr
Every listed SME company in Consumer Durables → · SME companies listed in 2024 →
Built from 2 annual reports, 39 exchange announcements, 7 shareholding patterns and 3 years of reported results. Every figure carries its source; where the documents are silent, the page says so.