Laxmi Organic FY26 PAT Falls 30%; Revenue Declines
Laxmi Organic Industries reported a 30% decline in FY26 net profit to ₹794 million, with revenue decreasing 5% to ₹28,467 million. Q4 net profit was ₹216 million on revenue of ₹7.4 billion. The Board recommended a final dividend of ₹0.30 per share and appointed Mr. Amit Jain as CFO effective June 16, 2026.
*this image is generated using AI for illustrative purposes only.
Laxmi Organic Industries has announced its audited consolidated financial results for the financial year ended March 31, 2026. The company reported a net profit of ₹794 million for FY26, a decline of 30% from ₹1,135 million in the previous year. Revenue from operations stood at ₹28,467 million, down 5% from ₹29,854 million in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹216 million compared to ₹218 million in the same quarter of the previous year, while revenue from operations rose to ₹7.4 billion from ₹7.1 billion year-on-year.
Financial Performance
The company's EBITDA for FY26 was reported at ₹1,714 million, a decrease of 39% compared to the previous year. The EBITDA margin for the year stood at 6.0%. Profitability was impacted by one-time expenses, including costs related to a Labour Code Impact of ₹38 million and a Supply Chain redesign project, partially offset by a one-time gain from a favorable litigation settlement for wheeling & transmission charges of ₹407 million. The following table summarizes the full-year and quarterly financial metrics:
| Metric: | FY26 | FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹28,467 million | ₹29,854 million | -5% |
| EBITDA | ₹1,714 million | ₹2,796 million | -39% |
| Net Profit | ₹794 million | ₹1,135 million | -30% |
| EBITDA Margin | 6.0% | 9.4% | -330 bps |
Q4 performance on a year-on-year basis is presented below:
| Metric: | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue from Operations | ₹7.4 billion | ₹7.1 billion |
| EBITDA | ₹537 million | ₹590 million |
| Net Profit | ₹216 million | ₹218 million |
| EBITDA Margin | 7.30% | 8.31% |
Business Segment Performance
Revenue from the Essentials segment remained stable at ₹20,268 million for FY26, while the Specialties segment reported a revenue of ₹7,791 million, a decline of 18% year-on-year. The company noted that revenue growth in Q4 was driven by higher price realizations, and Adjusted EBITDA margin improved sequentially by 520 basis points.
Board Decisions
The Board of Directors has recommended a final dividend of ₹0.30 per equity share of face value ₹2 each, amounting to 15% of the face value, subject to shareholder approval at the Annual General Meeting scheduled for August 5, 2026. The record date for the dividend has been fixed as July 21, 2026.
The Board approved the re-appointment of M/s B. J. D. Nanabhoy & Company as Cost Auditor for FY26-27. Additionally, Mr. Amit Jain has been appointed as the Chief Financial Officer and Key Managerial Personnel effective June 16, 2026. Consequently, Mr. Harshvardhan Goenka will cease to hold the responsibilities of Interim Chief Financial Officer effective June 15, 2026.
The company also corrected a typographical error in the Consolidated Financial Results for the quarter ended March 31, 2026. The Basic and Diluted EPS for the quarter were incorrectly reported as ₹(0.77) and ₹(0.78) respectively, and have been corrected to ₹0.77 for both.
Historical Stock Returns for Laxmi Organic Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.46% | -2.58% | +7.78% | -16.93% | -19.97% | -32.51% |
How will the newly appointed CFO Amit Jain's strategic priorities influence Laxmi Organic's cost optimization and margin recovery trajectory in FY27?
Given the 18% decline in the Specialties segment revenue, what new product launches or capacity expansions could drive a turnaround in this higher-margin business?
With the Supply Chain redesign project already incurring one-time costs, when can investors expect the benefits of this restructuring to reflect in improved EBITDA margins?
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
