LEXORAA INDUSTRIES LIMITED

Operating in the industrial products space, this BSE-listed entity recorded FY26 revenue of Rs 1,576.48 lakhs, up roughly 4.7x from Rs 336.12 lakhs the prior year, with growth concentrated in the second half. The cost shape points to a trading-led model rather than heavy manufacturing: employee costs were 1.9% of FY26 revenue, other operating costs 0.8%, and depreciation was nil. In Q1 FY27, revenue jumped to Rs 1,113.47 lakhs from Rs 154.46 lakhs a year earlier, with stock-in-trade purchases of Rs 1,180.25 lakhs that quarter — consistent with buying and reselling goods rather than in-house production. On 1 April 2026, it acquired 100% of Hong Kong-based Any and Every Export Limited for Rs 10,000 cash; the target is engaged in general trading, export-import, international trade of goods, sourcing, distribution and cross-border merchant trading, and had nil turnover since its February 2025 incorporation. The board has approved a rights issue of up to Rs 69 crore at Rs 15 per share (Rs 10 face value plus Rs 5 premium), and shareholders have raised authorised share capital from Rs 20 crore to Rs 50 crore to support future issuance, while the FY26 balance sheet remains stressed with negative net worth of Rs 82.18 lakhs.