MarketFriction

Laxmi Organic Industries Ltd

NSE LXCHEM · BSE 543277 · Specialty Chemicals
₹181.39 +2.27%
NSE close2026-10-01
52 week range107.60 - 216.80
Market cap₹4,903 Cr.
P/E39.0
IPO 2021 · +40% since Microcap 250 Price band 20% Delivery 31.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales652694792718771786710693700719735968
Expenses613642702647697712651662663669682854
Operating Profit3952907175755931375054114
OPM %6%8%11%10%10%10%8%4.4%5%7%7%12%
Other Income8581276164333
Interest21-1382756754
Depreciation282831262731401720201922
Profit before tax183068544647131416263292
Tax %39%8%35%36%39%38%-64%-51%29%2%34%26%
Net Profit112744342829222111252268
EPS in Rs0.400.991.611.241.021.060.790.770.400.920.782.44
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,0471,0761,3761,5691,5341,7683,0842,7972,8652,9852,8473,122
Expenses9669571,2221,4141,4181,5482,7132,5482,6092,6992,6742,867
Operating Profit80119154155117220371248256286172255
OPM %8%11%11%10%8%12%12%9%9%10%6%8%
Other Income2236304151228191413
Interest19111219171919157202221
Depreciation29283144494749721071247781
Profit before tax3482113988115831817317116188166
Tax %22%13%33%26%13%20%19%28%29%29%10%
Net Profit277276727012725612512111479126
EPS in Rs26.5671.5075.6314.4615.574.829.724.704.374.102.864.54
Dividend Payout %0%0%0%0%11%10%7%11%14%12%10%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%10%1%5%
Compounded Profit Growth12%-9%-14%25%
Stock Price CAGR%-20%-14%-14%
Return on Equity11%9%6%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010105045535353555555
Reserves1992252953694003829821,2481,3591,7421,8511,930
Borrowings249221104215175159149139406143258543
Other Liabilities152176240300389484654825595887880915
Total Liabilities6106326498951,0141,0691,8382,2652,4122,8273,0453,443
Fixed Assets2262152022933463383253947158791,1661,481
CWIP254061303167148374447444398652
Investments000000352312614837
Other Assets3583773865716376641,3611,4921,2281,3781,3321,274
Total Assets6106326498951,0141,0691,8382,2652,4122,8273,0453,443
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity80150-718819610646199561108175
Cash from Investing Activity-21-37-85-123-56-64195-384-490-268-404
Cash from Financing Activity-57-10785-63-123527-124232-4290247
Net Cash Flow16-7216-7164730-7018
Free Cash Flow53114-9590118-10-243-277314-286-427
CFO/OP90%113%13%139%181%60%27%100%234%47%107%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days646779867686907974746667
Inventory Days375737555751636558547170
Days Payable5267858110513814812392145131140
Cash Conversion Cycle4956306028-152141-166-3
Working Capital Days656636282817-14231191231
ROCE %12%22%25%19%12%20%26%11%9%9%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.39%69.83%69.71%69.55%69.50%69.39%69.39%69.38%69.36%69.36%69.36%69.34%
FIIs0.48%0.67%0.85%1.05%1.67%1.97%2.48%1.63%1.60%1.60%1.16%0.69%
DIIs1.55%3.53%3.43%2.16%3.22%3.47%3.38%4.05%3.19%3.40%3.82%3.83%
Public25.58%25.97%26.00%27.25%25.61%25.17%24.75%24.93%25.85%25.65%25.68%26.14%
No. of Shareholders4,52,2924,48,0684,28,1844,20,5093,87,4893,80,0593,76,1363,72,6413,62,1073,50,8993,40,4363,35,793

Fundamentals

Market Cap₹ 4,903 Cr.
Current Price₹ 176
Stock P/E39.0
Book Value₹ 71.6
ROCE4.72 %
ROE4.11 %
Dividend Yield0.17 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)25%
Consolidated figures.
Valuation
Market capRs 5,027 Cr
Enterprise valueRs 5,509 Cr
P/E (TTM)39.99x
Price to book2.53x
Price to sales1.61x
EV / EBITDA20.54x
EV / EBIT29.46x
EV / sales1.76x
Price to cash flow28.74x
Earnings yield2.50%
Dividend yield0.17%
P/E, 3-year average44.78x
P/B, 3-year average2.55x
P/E, 5-year average44.57x
P/B, 5-year average3.99x
Profitability
Operating margin (excl. other income)6.05%
Operating margin (incl. other income)6.56%
EBITDA margin8.59%
Pre-tax margin5.30%
Net profit margin4.03%
Net margin, latest quarter6.99%
ROE4.08%
ROCE4.69%
ROA2.45%
ROE, 3-year average5.91%
ROCE, 3-year average7.65%
ROA, 3-year average3.64%
ROE, 5-year average9.77%
ROCE, 5-year average12.03%
ROA, 5-year average5.75%
ROIC (approx.)6.84%
Tax rate9.79%
Other income / net worth0.73%
Growth
Sales growth (latest year)-4.65%
Profit growth (latest year)-30.08%
Sales CAGR, 3 years0.59%
Sales CAGR, 5 years9.99%
Profit CAGR, 3 years-13.95%
Profit CAGR, 5 years-8.98%
Sales growth QoQ31.69%
Profit growth QoQ214.25%
Sales growth YoY (latest quarter)39.75%
Profit growth YoY (latest quarter)216.60%
Per share
EPS (TTM)Rs 4.54
EPS (latest year)Rs 2.86
EPS (latest quarter)Rs 2.44
EPS, 3-year averageRs 3.78
EPS, 5-year averageRs 5.15
Book value per shareRs 71.64
Sales per shareRs 112.65
Cash flow per shareRs 6.31
Free cash flow per shareRs -15.41
Dividend per share (latest year)Rs 0.30
Dividend per share, 3-year averageRs 0.47
Dividend per share, 5-year averageRs 0.52
Dividends
Dividend payout10.47%
Dividend payout, 3-year average12.13%
Dividend payout, 5-year average10.85%
Efficiency
Asset turnover0.83x
Fixed asset turnover1.92x
Inventory turnover6.39x
Inventory days57 days
Debtor days67 days
Debtors turnover5.44x
Creditor days140 days
Cash conversion cycle-3 days
Working capital days31 days
Leverage
Total debtRs 543 Cr
Cash and bankRs 61 Cr
Net debtRs 482 Cr
Debt to equity0.27x
Net debt / EBITDA1.80x
Interest coverage8.71x
Current ratio (filing 2026-03-31)1.36x
Quick ratio (filing 2026-03-31)0.97x
Trade payables (filing 2026-03-31)Rs 730 Cr
Owners' fund to total sources57.67%
Debt to assets15.77%
Cash flow
Cash from Operating Activity (latest year)Rs 175 Cr
Cash from Investing Activity (latest year)Rs -404 Cr
Cash from Financing Activity (latest year)Rs 247 Cr
Net Cash Flow (latest year)Rs 18 Cr
Free cash flow (latest year)Rs -427 Cr
FCFE (approx.: FCF + change in debt)Rs -142 Cr
Cash from ops / profit, 5 years1.57x
Sales to cash flow16.28x
Statement figures
Net sales (TTM)Rs 3,122 Cr
Net sales (latest year)Rs 2,847 Cr
Sales (latest quarter)Rs 968 Cr
Operating profit excl. other income (latest year)Rs 172 Cr
Operating profit (latest quarter)Rs 114 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 268 Cr
PBDT (TTM)Rs 247 Cr
Profit before tax (TTM)Rs 166 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 126 Cr
Net profit (latest year)Rs 79 Cr
Net profit (latest quarter)Rs 68 Cr
Depreciation (TTM)Rs 81 Cr
Depreciation (latest quarter)Rs 22 Cr
Interest (TTM)Rs 21 Cr
Cost of goods sold (latest year)Rs 2,335 Cr
Total expenditure (latest year)Rs 2,674 Cr
Total income (latest year)Rs 2,861 Cr
Share capitalRs 55 Cr
ReservesRs 1,930 Cr
Shareholders' fundsRs 1,986 Cr
Total assetsRs 3,443 Cr
Net blockRs 1,481 Cr
Capital work in progressRs 652 Cr
InvestmentsRs 37 Cr
ReceivablesRs 524 Cr
InventoryRs 365 Cr
Other liabilitiesRs 915 Cr
Shares outstanding (crore)27.71
Ownership
Promoter holding69.34% (-0.04 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 40.0 is at the 26th percentile of its own 5.7-year range (median 55.7, low 24.1, high 119.3).
P/B 2.53 is at the 15th percentile (median 5.02).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodLXCHEMNifty 50Difference
1 week+0.4%-2.8% +3.2 pts
1 month+10.0%-6.8% +16.8 pts
3 months+12.3%-7.6% +19.9 pts
6 months+67.8%+0.4% +67.4 pts
1 year-17.2%-9.9% -7.3 pts
2 years-37.5%-13.6% -23.9 pts
3 years-34.9%+14.2% -49.1 pts
5 years-66.5%+27.9% -94.4 pts
10 mutual fund schemes hold about ₹210 Cr. Over three months 0 bought more and 10 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Multi Cap Fund0.35%69 -11%
ICICI Pru Multi Cap Fund0.35%67 -11%
ICICI Pru Multi Asset Allocation Fund0.04%37 -25%
ICICI Pru Commodities Fund0.79%34 -13%
Motilal Oswal Nifty Microcap 250 Index Fund0.15%4 -11%
Groww Nifty Total Market Index Fund0.01%0 -11%
Angel One Nifty Total Market Index Fund0.01%0 -11%
Mirae Asset Nifty Total Market Index Fund0.01%0 -11%
Bandhan Nifty Total Market Index Fund0.01%0 -11%
Motilal Oswal BSE 1000 Index Fund0.01%0 -11%

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 111% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹968 Cr +39.7% vs Jun 2025. Net profit ₹68 Cr +223.8%.
Against our estimate for Jun 2026: sales +43.3%, profit +234.2% big beat. Our estimate for Sep 2026: sales Rs 851 Cr, profit Rs 28 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-21Dividend - Rs 0.30 Per Share
2025-07-18Dividend - Rs 0.50 Per Share
2024-07-19Dividend - Rs 0.60 Per Sh
2023-07-21Dividend - Rs 0.50 Per Share
2022-07-18Dividend - Rs 0.70 Per Share
2021-07-14 Dividend - Rs 0.50 Per Share
DateTypeWhat it says
2026-09-08ResignationResignation of Director/KMP/SMP
2026-09-08Board meeting outcomeOutcome of Board Meeting held on September 08, 2026.
2026-08-18ResignationResignation of Director/KMP/SMP
2026-08-18ResignationResignation of Director/KMP/SMP
2026-08-18Change in ManagementResignation of Senior Management Personnels named 1. Mr. Keshav Ruthia - Chief Procurement Officer2. Mr. Salil Mukundan - Chief Technology Officerwith...
2026-08-13UpdatesAllotment of Shares under Employee Stock Options as per Laxmi Employee Stock Option Plan 2020 ( ESOP-2020 ).
2026-08-07Shareholder meetingLaxmi Organic Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 05, 2026
2026-08-05Shareholder meetingProceedings of Annual General Meeting held on August 05, 2026.
2026-08-04Concall / analyst meetTranscript
2026-07-30Concall / analyst meetLink of Recording
2026-07-30Monitoring Agency ReportLaxmi Organic Industries Limited has submitted Monitoring Agency Report issued by India Ratings & Research Private Limited (Monitoring Agent) with res...
2026-07-29Investor PresentationInvestor Presentation
2026-07-29Board meeting outcomeLaxmi Organic Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-22Concall / analyst meetSchedule of meet
2026-07-14UpdatesGeneral Update under Reg 36(1)(b)
2026-07-14Shareholder meetingNotice of Annual General Meeting to be held on August 05, 2026
2026-06-23Volume querySignificant increase in volume has been observed in Laxmi Organic Industries Limited. The Exchange, in order to ensure that investors have latest rele...
2026-06-22Volume querySignificant increase in volume has been observed in Laxmi Organic Industries Limited. The Exchange, in order to ensure that investors have latest rele...
2026-06-19Disclosure under SEBI TakeovLaxmi Organic Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Ind...
2026-06-18UpdatesLaxmi Organic Industries Limited has informed the Exchange regarding NSE circular no. : NSE/CML/2018/02 dated January 16, 2018 wherein NSE has directe...
2026-05-29Concall / analyst meetTranscript of Investor & Analyst Meet held on May 22, 2026, to discuss performance for the quarter and year ended March 31, 2026, hosted by Strategic ...
2026-05-22General UpdatesLaxmi Organic Industries Limited has Submitted Disclosure with regards to Commissioning of Ethyl Acetate Plant at "Lote" pursuant to Regulation 30 of ...
2026-05-22Monitoring Agency ReportLaxmi Organic Industries Limited has Submitted Monitoring Agency Report relating to QIP for the quarter ended March 31, 2026, under Regulation 32 of S...
2026-05-22Concall / analyst meetLink of Recording of Investor & Analyst Meet held to discuss performance for the quarter and year ended March 31, 2026, on Friday, May 22, 2026, at 11...
2026-05-21General UpdatesAnnouncement Under Regulation 30 Regarding Clarification/Correction In The Consolidated Financial Results For The Quarter And Year Ended March 31, 202...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-04-20NCLTM/S. Jeypore Sugar Company Ltd Vs M/S. Laxmi Organic Industries Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Laxmi Organic Industries Ltd?

Laxmi Organic Industries Ltd (LXCHEM) has a market capitalisation of Rs 4,903 Cr. at the 2026-10-01 close.

What is the P/E ratio of Laxmi Organic Industries Ltd?

Laxmi Organic Industries Ltd trades at a P/E of 39.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Laxmi Organic Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Laxmi Organic Industries Ltd sales was Rs 968 Cr (+39.7% vs Jun 2025) and net profit was Rs 68 Cr.

What is the 52-week high and low of Laxmi Organic Industries Ltd?

The 52-week high is Rs 216.80 and the 52-week low is Rs 107.60.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03