| Quarterly Financials | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 389 | 404 | 410 | 437 | 521 | 741 | 615 | 862 | 882 | 759 | 655 | 658 | 737 | 733 | 661 | 700 | 800 | 730 | 778 | 792 | 711 | 698 | 704 |
| Expenses | 367 | 362 | 366 | 368 | 456 | 591 | 577 | 741 | 795 | 656 | 624 | 600 | 673 | 652 | 613 | 642 | 702 | 647 | 697 | 712 | 651 | 662 | 663 |
| EBITDA | 22 | 43 | 44 | 70 | 65 | 150 | 38 | 121 | 87 | 103 | 32 | 58 | 65 | 81 | 47 | 58 | 98 | 83 | 81 | 80 | 60 | 36 | 41 |
| Operating Profit % | 5 % | 10 % | 11 % | 16 % | 12 % | 20 % | 5 % | 14 % | 10 % | 13 % | 4 % | 8 % | 8 % | 11 % | 6 % | 8 % | 11 % | 10 % | 10 % | 10 % | 8 % | 4 % | 5 % |
| Depreciation | 13 | 11 | 12 | 12 | 12 | 11 | 11 | 13 | 13 | 14 | 17 | 19 | 23 | 21 | 28 | 28 | 31 | 26 | 28 | 31 | 40 | 17 | 20 |
| Interest | 4 | 4 | 4 | 4 | 5 | 3 | 1 | 7 | 5 | 2 | 4 | 6 | -1 | 5 | 2 | 1 | -1 | 3 | 8 | 2 | 7 | 5 | 6 |
| Profit Before Tax | 4 | 28 | 29 | 54 | 49 | 136 | 25 | 100 | 69 | 87 | 10 | 34 | 43 | 56 | 18 | 30 | 68 | 54 | 46 | 47 | 13 | 14 | 16 |
| Tax | -6 | 6 | 5 | 8 | 12 | 34 | 11 | 18 | -1 | 22 | 2 | 6 | 19 | 17 | 7 | 2 | 24 | 20 | 18 | 18 | -9 | -7 | 5 |
| Net Profit | 10 | 21 | 24 | 45 | 36 | 102 | 15 | 82 | 70 | 64 | 9 | 27 | 24 | 38 | 11 | 27 | 44 | 34 | 28 | 29 | 22 | 21 | 11 |
| EPS in ₹ | 0.46 | 0.95 | 1.07 | 2.01 | 1.56 | 3.88 | 0.55 | 3.11 | 2.30 | 2.44 | 0.32 | 1.03 | 0.92 | 1.44 | 0.41 | 0.99 | 1.62 | 1.24 | 1.01 | 1.06 | 0.79 | 0.77 | 0.41 |
Laxmi Organic Industries
Laxmi Organic Industries
194.88
-0.40
(-0.20%)
There are new updates from the company1 day ago
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Key Fundamentals
Market Cap
5,412.10 Cr
EPS
4.10
PE Ratio
64.75
Dividend Yield
0.26 %
Industry
Chemicals 52 Week High
284.00
52 Week Low
160.20
PB Ratio
2.83
Debt to Equity
0.11
Sector
Specialty Chemicals Analyst Rating and Forecast
- By Refinitiv from3 analysts
Actual
Company News
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Laxmi Organic Industries has initiated a postal ballot seeking shareholder approval for two key matters. The company proposes to re-appoint Dr. Rajeev Vaidya as Independent Director for a second three-year term from November 25, 2025 to November 24, 2028. Dr. Vaidya brings 33 years of chemicals industry experience and previously served as Global President at DuPont Building Innovations. The company also seeks approval to reallocate ₹109.58 million of unutilized proceeds from its October 2023 QIP issue. These funds, originally allocated for the Mahape innovation center project, will be redirected to the Dahej manufacturing facility project due to cost savings achieved in the Mahape project. The revised timeline for utilizing Dahej project proceeds has been extended to June 30, 2026. The e-voting period runs from November 7, 2025 to December 6, 2025, with results to be announced by December 9, 2025.
Laxmi Organic Industries Limited confirmed no deviation in the utilization of Qualified Institutional Placement (QIP) proceeds from the stated objectives in the placement document dated October 10, 2023. The monitoring agency report by India Ratings Research Private Limited for the quarter ended September 30, 2025, verified this compliance. The QIP raised funds for three main purposes: ₹360.01 million for setting up a new innovation center at Mahape MIDC, ₹1,619.66 million for establishing a new manufacturing facility at Dahej, Gujarat, and ₹500.97 million for general corporate purposes. As of the quarter end, ₹250.43 million has been utilized for the innovation center project, ₹1,383.38 million for the manufacturing facility, and the full amount for general corporate purposes. The actual QIP issue expenses were ₹105.49 million against the estimated ₹110.57 million, resulting in a surplus of ₹5.08 million that was allocated to general corporate purposes. Both projects experienced delays of more than 18 months due to workspace limitations and government approval delays respectively.
Laxmi Organic Industries Reports 9% Revenue Decline in Q2 FY26, Specialty Chemicals Drop 20%
3 days ago
3 days agoLaxmi Organic Industries reported a 9% decline in revenue for Q2 FY26, primarily driven by a 20% drop in specialty chemicals business. The specialty segment decline was attributed to three factors: 10% from anticipated phase-out of an agrochemical product, 7% from market price moderation, and the remainder from deferred orders to the second half. Essentials revenue declined 5% due to feedstock-linked pricing, though volumes remained in line with the previous year. EBITDA fell to INR 37 crores from INR 74 crores in the same quarter last year, with EBITDA margin dropping from 9.7% to 5.3%. The company received consent to operate from Gujarat Pollution Control Board for Phase 1 of its Dahej facility and has started supplying customers. The fluorination project is ramping up according to plan, targeting 40-50% of peak revenues for FY26. Laxmi signed a contract with Hitachi Energy for SF6-free gas production with a 60 metric tonne capacity and INR 75 crores capex, expected to be mechanically complete by Q2 of next financial year.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,454.80 | #1 1,46,835.80 | 65.93 | 13,387.50 | 6.91 | #1 2,096 | 8.20 | 40.02 | |
2,896.80 | 85,942.40 | 53.11 | 14,825.80 | 12.13 | 1,251 | 92.75 | 38.02 | |
3,614.00 | 40,056.80 | 63.86 | 4,853.20 | 10.61 | 546 | 70.37 | 44.43 | |
5,969.00 | 31,138.20 | 68.89 | 2,393.10 | 12.83 | 289 | #1 152.38 | 76.85 | |
1,720.60 | 23,630.10 | 38.68 | 8,365.80 | 7.84 | 697 | -44.54 | 35.11 | |
4,448.60 | 19,025.80 | 48.63 | #1 15,339.40 | 10.81 | 479 | -37.72 | 44.97 | |
1,643.50 | 17,317.30 | 39.10 | 2,292.50 | 18.24 | 405 | 10.06 | 38.81 | |
5,691.00 | 16,959.90 | #1 29.79 | 5,692.40 | #1 18.99 | 499 | 30.75 | 34.76 | |
391.80 | 14,159.30 | 48.98 | 7,285.40 | 14.16 | 331 | 103.85 | 59.51 | |
4,351.70 | 13,451.10 | 32.92 | 2,366.70 | 7.83 | 411 | -7.50 | 30.65 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
4.06 %
Net Income Growth
-5.81 %
Cash Flow Change
-80.77 %
ROE
-11.19 %
ROCE
-0.87 %
EBITDA Margin (Avg.)
3.26 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 895 | 1,015 | 1,069 | 1,838 | 2,250 | 2,412 | 2,827 | 3,045 |
| Fixed Assets | 293 | 346 | 338 | 325 | 379 | 715 | 879 | 1,167 |
| Current Assets | 544 | 625 | 639 | 1,305 | 1,473 | 1,217 | 1,477 | 1,411 |
| Capital Work in Progress | 30 | 32 | 68 | 148 | 374 | 447 | 444 | 398 |
| Investments | 0 | 0 | 0 | 3 | 5 | 23 | 126 | 148 |
| Other Assets | 571 | 637 | 664 | 1,361 | 1,492 | 1,228 | 1,379 | 1,332 |
| Total Liabilities | 895 | 1,015 | 1,069 | 1,838 | 2,250 | 2,412 | 2,827 | 3,045 |
| Current Liabilities | 431 | 460 | 529 | 768 | 932 | 830 | 891 | 1,052 |
| Non Current Liabilities | 84 | 105 | 113 | 35 | 27 | 170 | 138 | 85 |
| Total Equity | 380 | 450 | 427 | 1,035 | 1,290 | 1,412 | 1,798 | 1,907 |
| Reserve & Surplus | 369 | 400 | 382 | 982 | 1,237 | 1,359 | 1,743 | 1,851 |
| Share Capital | 10 | 50 | 45 | 53 | 53 | 53 | 55 | 55 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 3 | 1 | 6 | -7 | 2 | 17 | -8 | 17 | 47 | 30 | -70 |
| Investing Activities | -60 | -22 | -37 | -85 | -123 | -56 | -641 | 76 | -384 | -490 | -268 |
| Operating Activities | 109 | 80 | 151 | -7 | 188 | 196 | 106 | 65 | 199 | 561 | 108 |
| Financing Activities | -46 | -57 | -107 | 85 | -63 | -123 | 527 | -124 | 233 | -42 | 90 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 72.92 % | 72.92 % | 72.92 % | 72.92 % | 72.92 % | 72.53 % | 72.51 % | 72.51 % | 72.50 % | 72.39 % | 72.39 % | 69.83 % | 69.72 % | 69.55 % | 69.50 % | 69.38 % | 69.38 % | 69.37 % | 69.35 % |
| FIIs | 5.54 % | 3.58 % | 0.87 % | 0.33 % | 0.34 % | 0.60 % | 0.45 % | 0.45 % | 0.48 % | 0.48 % | 0.48 % | 0.67 % | 0.85 % | 1.05 % | 1.67 % | 1.97 % | 2.48 % | 1.63 % | 1.60 % |
| DIIs | 6.05 % | 5.01 % | 3.30 % | 3.28 % | 3.39 % | 3.22 % | 1.62 % | 1.65 % | 1.73 % | 1.54 % | 1.56 % | 3.54 % | 3.44 % | 2.16 % | 3.22 % | 3.47 % | 3.38 % | 4.05 % | 3.20 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 9.10 % | 13.43 % | 17.38 % | 18.42 % | 18.46 % | 19.58 % | 21.39 % | 21.45 % | 21.38 % | 21.89 % | 22.00 % | 22.27 % | 22.35 % | 23.41 % | 21.78 % | 21.54 % | 20.84 % | 21.16 % | 21.88 % |
| Others | 6.39 % | 5.06 % | 5.53 % | 5.05 % | 4.88 % | 4.08 % | 4.02 % | 3.94 % | 3.91 % | 3.69 % | 3.56 % | 3.69 % | 3.65 % | 3.83 % | 3.83 % | 3.64 % | 3.92 % | 3.78 % | 3.97 % |
| No of Share Holders | 91 | 1,55,600 | 3,35,933 | 4,13,344 | 4,21,458 | 4,40,446 | 4,76,928 | 4,73,411 | 4,64,938 | 4,55,337 | 4,52,292 | 4,48,068 | 4,28,184 | 4,20,509 | 3,87,489 | 3,80,059 | 3,76,136 | 3,72,641 | 3,62,107 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 1.75 | 0.5 | 0.7 | 0.5 | 0.6 | 0.5 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 1 | 0.13 | 0.31 | 0.21 | 0.34 | 0.26 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 15 Jul 2021 |  Dividend | ₹ 0.50 /share | 14 Jul 2021 | 237.75 | 268.75 |
| 19 Jul 2022 | Dividend | ₹ 0.70 /share | 18 Jul 2022 | 424.30 | 285.35 |
| 21 Jul 2023 | Dividend | ₹ 0.50 /share | 21 Jul 2023 | 278.65 | 255.30 |
| 19 Jul 2024 | Dividend | ₹ 0.60 /share | 19 Jul 2024 | 259.10 | 260.60 |
| 30 Jul 2024 |  Annual General Meeting | NA | 30 Jul 2024 | 259.10 | 257.45 |
| 29 Oct 2024 |  Quarterly Result Announcement | NA | 29 Oct 2024 | 277.70 | 248.70 |
| 22 Jan 2025 | Quarterly Result Announcement | NA | 22 Jan 2025 | 231.70 | 227.90 |
| 20 May 2025 | Quarterly Result Announcement | NA | 20 May 2025 | 170.70 | 200.70 |
| 18 Jul 2025 | Dividend | ₹ 0.50 /share | 18 Jul 2025 | 200.70 | 199.38 |
| 28 Jul 2025 | Quarterly Result Announcement | NA | 28 Jul 2025 | 192.20 | 205.72 |
| 31 Jul 2025 | Annual General Meeting | NA | 31 Jul 2025 | 200.70 | 199.00 |
| 29 Oct 2025 | Quarterly Result Announcement | NA | 29 Oct 2025 | 201.77 | 198.30 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper Publication1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Monitoring Agency Report2 days ago
2 days agoCalendar Of Events- Postal Ballot2 days ago
2 days agoShareholder Meeting / Postal Ballot-Notice of Postal Ballot2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation9 days ago
9 days agoAnnouncement under Regulation 30 (LODR)-Monitoring Agency Report9 days ago
9 days agoAnnouncement under Regulation 30 (LODR)-Change in Management9 days ago
9 days agoUn-Audited Financial Results (Standalone And Consolidated) For Quarter And Half Year Ended September 30 20259 days ago
9 days agoBoard Meeting Outcome for Outcome Of The Board Meeting And Disclosure Under Regulation 30 Of The Securities And
Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015 (Listing
Regulations)9 days ago
9 days agoGrant Of Employee Stock Options As Per Laxmi - Employee Stock Option Plan 2024 (ESOP-2024)10 days ago
10 days agoIntimation Under Regulation 30(4) Of SEBI (Listing Obligation And Disclosure Requirements) Regulation 2015Oct 18, 2025
Oct 18, 2025Announcement Under Regulation 30(LODR)- Newspaper Intimation Under Saksham NiveshakOct 17, 2025
Oct 17, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 15, 2025
Oct 15, 2025Board Meeting Intimation for Approval Of Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Half-Year Ended September 30 2025.Oct 15, 2025
Oct 15, 2025Disclosure (Update On Litigation) As Required Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Oct 14, 2025
Oct 14, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Oct 13, 2025Intimation Regarding Communication To Shareholders Under 100 Days Campaign -Saksham NiveshakOct 10, 2025
Oct 10, 2025Issuance Of Commercial Papers Of Rs. 50 CroresSep 30, 2025
Sep 30, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 18, 2025
Sep 18, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 12, 2025
Sep 12, 2025Clarification On Volume Of Security On The Stock ExchangeSep 10, 2025
Sep 10, 2025Clarification sought from Laxmi Organic Industries LtdSep 10, 2025
Sep 10, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderSep 10, 2025
Sep 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 05, 2025
Sep 05, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 03, 2025
Sep 03, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 01, 2025
Sep 01, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 07, 2025
Aug 07, 2025Intimation of Repayment of Commercial Paper (CP)Aug 07, 2025
Aug 07, 2025Intimation of Repayment of Commercial Paper (CP)Aug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 07, 2025
Aug 07, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 02, 2025
Aug 02, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMJul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportJul 28, 2025
Jul 28, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJul 28, 2025
Jul 28, 2025Statement Of Deviation Or Variation Of QIP ProceedsJul 28, 2025
Jul 28, 2025Statement Of Deviation Or Variation Of IPO ProceedsJul 28, 2025
Jul 28, 2025Financial Results Dated July 28 2025Jul 28, 2025
Jul 28, 2025Board Meeting Outcome for Outcome Of The Board Meeting Dated July 28 2025Jul 28, 2025
Jul 28, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 15, 2025
Jul 15, 2025Board Meeting Intimation for Approval Of Un-Audited Financial Results (Standalone & Consolidated) For The Quarter Ended June 30 2025.Jul 15, 2025
Jul 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 11, 2025
Jul 11, 2025Mutual Fund Holdings
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RSI(14)
Neutral 39.42
ATR(14)
Less Volatile 5.45
STOCH(9,6)
Neutral 28.27
STOCH RSI(14)
Oversold 5.55
MACD(12,26)
Bearish -0.57
ADX(14)
Weak Trend 12.18
UO(9)
Bearish 42.82
ROC(12)
Downtrend And Accelerating -3.17
WillR(14)
Oversold -84.12
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