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    Process industries

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    Chemicals: specialty
Laxmi Organic Industries Ltd.

Laxmi Organic Industries Ltd.

150.46
INR
-5.26
(-3.38%)
4.89EPS
31.57P/E
42.96BMarket Cap
Nov 03Next Earn
Laxmi Organic Industries Ltd.
NSE:LXCHEM
(National Stock Exchange of India)

Recent

price

150.46

P/E

ratio

31.57

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
51.86
59.14
67.82
66.74
116.59
105.17
104.97
107.63
99.98
112.4
Revenue per Share
2.87
2.75
3.11
4.82
9.76
4.7
4.46
4.1
2.86
4.91
Basic EPS, GAAP
-0.26
7.12
8.68
3.41
2.46
7.51
20.77
3.9
6.31
- -
Free Cash Flow per Basic Share
0.05
0.06
0.08
0.3
0.5
0.7
0.49
0.6
0.5
- -
Dividend per Share
14.39
17.06
16.19
39.24
48.92
53.24
65.18
68.83
71.64
- -
Book Value per Share
14.06
16.74
15.9
39.18
48.89
53.22
65.14
68.8
71.62
- -
Tangible Book Value per Share
264
264
225
264
264
265
270
277
277
277
Basic Weighted Avg Shares
13,673
15,594
15,263
17,597
30,741
27,868
28,361
29,770
27,707
31,153
Sales/Revenue/Turnover
9.12
7.8
4.72
10.2
10.81
6.59
5.11
5.87
4.01
5.46
Operating Margin (%)
313
441
489
465
482
725
1,076
1,240
766
785
Depreciation Expense
757
724
701
1,270
2,573
1,246
1,205
1,135
794
1,361
Net Income, GAAP
33.2
25.82
13.07
19.79
19.27
27.93
29.43
29.29
9.79
17.15
Effective Tax Rate (%)
5.54
4.64
4.59
7.22
8.37
4.47
4.25
3.81
2.86
4.37
Profit Margin (%)
1,125
1,652
1,098
5,373
5,410
3,866
5,861
3,583
3,346
- -
Working Capital
654
854
985
156
65
1,385
1,036
452
4,946
- -
LT Debt
3,795
4,502
4,273
10,350
12,902
14,124
17,980
19,070
19,859
- -
Total Equity
- -
14.34
13.69
15.23
19.77
8.17
5.99
5.61
4.17
- -
Return on Invested Capital (%)
- -
13.52
13.09
14.89
19.83
8.16
6.64
6.23
4.22
- -
Return on Capital (%)
- -
17.46
15.99
17.38
22.14
9.22
7.51
6.13
4.08
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
485
- -
LT Borrowings
- -
4,932
- -
LT Finance Leases
- -
14
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
277
277
277
Market Capitalization
46,891
29,962
42,959

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
12,613
- -
Cash, Cash Equivalents & STI
- -
943
- -
Accounts Receivable, Net
- -
5,236
- -
Inventories
- -
3,651
- -
Total Current Liabilities
- -
9,267
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
485
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
14.32%
4.14%
Free Cash Flow
- -
68.37%
62%
Net Income, GAAP
- -
2.37%
-30.08%
Sales/Revenue/Turnover
- -
13.03%
-6.93%
Total Cash Common Dividend
- -
17.62%
-16.52%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7,182
7,713
7,863
7,097
29,770
2026
6,929
- -
7,187
7,353
27,707
2027
9,683
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.24
1.01
1.06
0.79
4.1
2026
0.77
- -
0.92
0.78
2.86
2027
2.44
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.6
2026
- -
- -
- -
- -
0.5
2027
- -
- -
- -
- -
- -
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Business
Laxmi Organic Industries Limited manufactures and markets acetyl intermediates and specialty chemicals, focusing on two primary segments: Essentials, encompassing bulk solvents such as ethyl acetate, acetic acid, and acetaldehyde, and aldehydes; and Specialties, including ketene and diketene derivatives like esters, amides, and arylides, alongside fluorine intermediates. The company serves diverse end-markets including pharmaceuticals and life sciences, agrochemicals, food packaging, pigments, coatings, dyes, inks, paints, flame retardants, and thermal fluids, positioning it as India's leading player in acetyl intermediates and ketene & diketene derivatives, with top global rankings excluding China and a production capacity exceeding 232 kTPA. Founded in 1989 and headquartered in Mumbai, India, with manufacturing facilities in Mahad, Maharashtra, and Dahej, Gujarat, Laxmi operates primarily in India while exporting to global customers in crop science, life sciences, and pigments sectors. Recent developments include the receipt of Consent to Operate from the Gujarat Pollution Control Board for its Dahej facility in October 2025, enabling commercial operations and first shipments from the first phase, as part of a broader INR 11 billion capacity expansion plan by FY28 to double output in essentials and specialties segments. The company completed the acquisition of Acetyls Holding Private Limited and its subsidiary Yellowstone Chemicals in 2021, followed by their merger into the parent in 2022, bolstering acetyl capabilities; ventured into the USD 2.5 billion fluorine intermediates market via assets from Miteni SpA in Italy, with production commencing in 2024 after relocation to Maharashtra; invested in Cleanwin Energy One LLP for 26% stake to secure renewable energy; and launched the Laxmi Employee Stock Option Plan 2024, alongside over 30 in-house R&D developed products emphasizing innovation, quality, safety, and ISO certifications.