LGT Business Connextions IPO Review

The travel and tours brand of LGT Business Connextions Ltd, offers an extensive range of services across the tourism industry. Established in 2016 by a team of dedicated and visionary travel professionals, LGT Holidays was founded with the goal of reshaping travel trends. Driven by passion and a spirit of innovation, they are committed to crafting unforgettable travel experiences. With a focus on excellence, their mission is to make each journey remarkable and leave a lasting impression on every traveler.

The company is founded by Mr. Wilfred Selvaraj and Mrs. Padma Wilfred, who are the first-generation promoters. Their experience in managing and being instrumental in the growth of the Company is limited to the extent of their knowledge and experience and they cannot assure that this will not affect the business growth. However, the promoters Mr. Wilfred Selvaraj have more than three decades of experience in the field of travelling segment, while Ms. Padma Wilfred has around one decade of experience in real estate sector.

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 10,080.94 Lakh, ₹ 8,953.07 Lakh and ₹ 6,117.62 Lakh. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 844.76 Lakh, ₹ 570.72 Lakh and ₹ 450.01 Lakh. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 521.59 Lakh, ₹ 363.17 Lakh and ₹ 297.43 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 7.44 and post-issue EPS of ₹ 5.56 for FY24. The pre-issue P/E ratio is 14.38x, while the post-issue P/E ratio is 19.23x against the Industry P/E ratio is 34x. The company's ROCE for FY24 is 45.19%, ROE for FY24 is 41.89% and RoNW is 41.89%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of LGT Business Connextions showing listing gains of 0.00 %.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the LGT Business Connextions Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.