Laxmi Organic Industries Limited has scheduled its 37th Annual General Meeting for August 5, 2026, via video conferencing. The meeting will consider the audited financial statements for the financial year ended March 31, 2026, which show a decline in profitability due to pricing pressure and raw material volatility. The Board has recommended a final dividend of 15%, or ₹0.30 per equity share, subject to shareholder approval.

Financial Performance Overview

The company reported a standalone net profit of ₹792.58 Million for FY2025-26, a decrease from ₹1,180.21 Million in the previous year. Revenue from operations stood at ₹28,085.32 Million, down from ₹29,446.06 Million in FY2024-25. Consolidated net profit was ₹793.62 Million on revenue of ₹28,466.67 Million. The company attributed the performance to continued pricing pressure, raw material volatility, and geopolitical uncertainties, although spreads began to recover toward the latter part of the year.

Key Financial Ratios and Capital

The Debt-to-Equity Ratio increased to 0.27 from 0.13, attributed to higher borrowings including a ₹5,000 Million term loan from HDFC Bank for capacity expansion. The Interest Coverage Ratio declined to 4.20 from 9.47. The paid-up share capital increased marginally to ₹554.30 Million from ₹554.05 Million following the issuance of 1,24,060 equity shares under ESOP-2020.

Dividend and AGM Details

The record date for the dividend is fixed as Tuesday, July 21, 2026, with payment scheduled on or after August 10, 2026. The special business at the AGM includes the ratification of Cost Auditor remuneration of ₹0.27 Million for FY2026-27 and approval for payment of remuneration to Executive Directors in the event of absence or inadequacy of profits for FY2025-26, FY2026-27, and FY2027-28.

Yellowstone Trust, on behalf of the promoter and promoter group, disclosed holding 19,22,06,496 equity shares in Laxmi Organic Industries as of March 31, 2026. The filing confirms that the shares have not been encumbered directly or indirectly during the financial year ended March 31, 2026. This disclosure was submitted to BSE Limited and National Stock Exchange Limited in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The total shareholding of 19,22,06,496 equity shares is distributed among the promoter and promoter group entities. Ravi Vasudeo Goenka, the Managing Trustee of Yellowstone Trust, signed the disclosure on April 09, 2026. The detailed breakdown of the shareholding indicates that the majority of the shares are held by Yellowstone Trust, followed by other individual promoters and group entities.

Shareholding Breakdown

The following table details the shareholding distribution among the promoter and promoter group as of March 31, 2026:

The submission was addressed to the corporate relationship departments of both stock exchanges, with a copy marked to the Audit Committee of the Board of Directors of Laxmi Organic Industries Limited. The company is headquartered at Nariman Point, Mumbai.