Laxmi Organic Industries
- Market cap
- ₹ 4,168 Cr.
- P/E
- 34.2x
- P/B
- 2.17x
- 52-week range
- 107.6 – 204.86
- ROE
- 4%
- ROCE
- 5%
- Dividend yield
- 0.2%
- Debt / equity
- 0.27
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE, BSE
About
Laxmi Organic Industries Limited is an India-based company, which is engaged in the business of specialty chemicals. The Company manufacturing of acetyl intermediates and specialty chemicals. The Company's business unit includes an essentials business unit and a specialties business unit. Its essentials business unit offers Ethyl Acetate, Acetaldehyde, Acetic Anhydride, N-Propyl Acetate, N-Butyl Acetate, and Other Proprietary Solvents. Its specialties business unit offers Ketene and Diketene Derivatives and fluorospeciality intermediates. It is also a manufacturer of specialty intermediates, including esters, amides, and green solvents. Its chemicals have applications in Pharmaceutical, Packaging, Agrochemicals, Dyes, Inks & Paints, CASE (Coating, Adhesives, Sealants, And Elastomer, Flame Retardants & Thermal Fluides, Electronics, Fragrances & Flavours, Personal Care, Electrical Equipment.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Laxmi Organic Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)34.2 against a typical 25.8: pricier than most peers (1st = cheapest).83rd of 129
- Sales growth+39.7% against a typical +25.9% from a year earlier.32nd of 112
- Profit growth+223.8% against a typical +42.4% from a year earlier.14th of 102
- Share price, 3 months−22.7% against a typical −5.8%.109th of 118
- Size₹ 4,167.8 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).24th of 126
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated AA to AA- by 2 agencies- CRISIL lowered its rating on 2 Mar 2026.
- India Ratings and CRISIL expect things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA- | Negative | 2 Mar 2026 |
| India Ratings | IND AA; IND A1+ | Negative | 23 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Mar 2026 | ▼ Downgrade1 notch | Crisil AA → Crisil AA- | — | CRISIL | ₹ 1,320 Cr. | |
| 23 Dec 2025 | Reaffirmed | IND AA | — | India Ratings | ₹ 1,320 Cr. | |
| 20 Nov 2025 | Reaffirmed | Crisil AA | — | CRISIL | ₹ 1,320 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | Laxmi Organic Industries Ltd has informed that the meeting of the Board of Directors of the Company is scheduled on November 05, 2026, inter alia, to consider and approve Unaudited Financial Results for the Quarter and Half year ended September 30, 2026. |
| 29 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 21 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 29 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the quarter and nine months ended December 31, 2025, and other business matters |
| 29 Oct 2025 | Financial Results/Other business matters | To consider and approve the financial results for the quarter and half year ended September 30, 2025, and other business matters |
| 28 Jul 2025 | Financial Results/Other business matters | To consider and approve the Un-audited financial results (Standalone & Consolidated) for the quarter ended June 30, 2025 and other business matters |
| 20 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend, Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 ( SEBI LODR ), this is to inform you that a meeting of Board of Directors of the Company is scheduled to be held on Tuesday, May 20, 2025 to inter-alia consider and approve the following matters: 1. Consider and approve the standalone and consolidated audited financial results of the Company for the quarter/ year ended March 31, 2025;2. Recommend the dividend on equity shares of the Company.We request you to take the above on record. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 652 | 694 | 792 | 718 | 771 | 786 | 710 | 693 | 700 | 719 | 735 | 968 |
| Expenses | 613 | 642 | 702 | 647 | 697 | 712 | 651 | 662 | 663 | 669 | 682 | 854 |
| Operating Profit | 39 | 52 | 90 | 71 | 75 | 75 | 59 | 31 | 37 | 50 | 54 | 114 |
| OPM % | 6% | 8% | 11% | 10% | 10% | 10% | 8% | 4.4% | 5% | 7% | 7% | 12% |
| Other Income | 8 | 5 | 8 | 12 | 7 | 6 | 1 | 6 | 4 | 3 | 3 | 3 |
| Interest | 2 | 1 | −1 | 3 | 8 | 2 | 7 | 5 | 6 | 7 | 5 | 4 |
| Depreciation | 28 | 28 | 31 | 26 | 27 | 31 | 40 | 17 | 20 | 20 | 19 | 22 |
| Profit before tax | 18 | 30 | 68 | 54 | 46 | 47 | 13 | 14 | 16 | 26 | 32 | 92 |
| Tax % | 39% | 8% | 35% | 36% | 39% | 38% | −64% | −51% | 29% | 2% | 34% | 26% |
| Net Profit | 11 | 27 | 44 | 34 | 28 | 29 | 22 | 21 | 11 | 25 | 22 | 68 |
| EPS in Rs | 0.4 | 0.99 | 1.61 | 1.24 | 1.02 | 1.06 | 0.79 | 0.77 | 0.4 | 0.92 | 0.78 | 2.44 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 10%
- 3 Years
- 1%
- TTM
- 5%
- 10 Years
- 12%
- 5 Years
- −9%
- 3 Years
- −14%
- TTM
- 25%
- 10 Years
- —
- 5 Years
- −14%
- 3 Years
- −12%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 9%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Laxmi Organic Industries | ₹ 154.95 | ₹ 4,168 Cr. | 34.2x | 2.2x | 4% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Ravi Vasudeo Goenka
- Executive Chairman of the Board
- Rajan Venkatesh
- Chief Executive Officer, Managing Director, Executive Director
- Harshvardhan Ravi Goenka
- Interim Chief Financial Officer, Executive Director
- Jitendra Agarwal
- President - Essentials BU
- Virag Shah
- President - Specialties BU
- Prashant Patil
- Executive Vice President - Manufacturing (SI)
- Aniket B. Hirpara
- Senior Vice President - Legal and Secretarial, Compliance Officer, Company Secretary
- Keshav Ruthiya
- Chief Procurement Officer
Prices are delayed and for information only. Nothing on this page is investment advice.