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Laxmi Organic Industries Ltd

Tue 29/04/2025,15:57:56 | NSE : LXCHEM

₹ 181.090.28 (0.15%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 181.50

Previous Close

₹ 180.81

Volume

409181

Mkt Cap ( Rs. Cr)

₹5017.40

High

₹ 183.80

Low

₹ 180.00

52 Week High

₹ 325.50

52 Week Low

₹ 160.20

Book Value Per Share

₹ 66.96

Dividend Yield

0.33

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on Laxmi Organic Industries Ltd

Your Vote -

Buy

86.80%

Hold

5.92%

Sell

7.28%

86.80%

2349 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

181.09

306

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0

Bid Total

306

Bid Price

Qty

0.00

0

0.00

0

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0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts Laxmi Organic Industries Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Laxmi Organic Indust has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    17 Apr 2025, 3:20PM As of March 2025, 69.39% is owned by Indian Promoters and 30.62% by Public. <p align=justify> Institutional holds 5.86% (Insurance Companies 0.09%) an
  • Laxmi Organic Indust - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Apr 2025, 3:15PM Laxmi Organic Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018, Please see
  • Laxmi Organic Indust - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    7 Apr 2025, 2:46PM Please see enclosed Certificate dated April 07, 2025 received from MUFG Intime India Private Limited, Registrar and Share Transfer Agent of the Compan
  • Laxmi Organic Indust - Alteration Of Capital and Fund Raising-XBRL

    3 Apr 2025, 4:36PM Laxmi Organic Industries Limited has informed the Exchange regarding Allotment of Securities
  • Laxmi Organic Indust - General Updates

    2 Apr 2025, 11:23AM Laxmi Organic Industries Limited has informed the Exchange about General Updates, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosur
  • Laxmi Organic Indust - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    2 Apr 2025, 11:18AM Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Nomination and Remun
  • Laxmi Organic Indust - Trading Window

    27 Mar 2025, 12:05PM Laxmi Organic Industries Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regu
  • Laxmi Organic Indust - Analysts/Institutional Investor Meet/Con. Call Updates

    19 Mar 2025, 4:16PM Laxmi Organic Industries Limited has informed the Exchange about Schedule of meet
  • Laxmi Organic Indust - Amalgamation/Merger

    19 Mar 2025, 4:14PM Laxmi Organic Industries Limited has informed the Exchange about Amalgamation/Merger
  • Laxmi Organic Indust - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    19 Mar 2025, 4:09PM Pursuant to the above referred Regulation, we would like to inform you that the officials of the Company will be meeting Investors/Analysts (Participa
  • Laxmi Organic Indust - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    19 Mar 2025, 4:02PM We refer to the letter dated 21st May, 2024 intimating about the approval granted by the Board of the Company vide board resolution dated 21st May, 20
  • Laxmi Organic Indust - Analysts/Institutional Investor Meet/Con. Call Updates

    25 Feb 2025, 6:37PM Laxmi Organic Industries Limited has informed the Exchange about Schedule of meet
  • Laxmi Organic Indust - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    25 Feb 2025, 6:24PM Pursuant to above referred Regulation, we would like to inform you that the officials of the Company will be meeting Investors/ Analysts (Participants
  • Laxmi Organic Indust - Monitoring Agency Report

    11 Feb 2025, 6:40PM Laxmi Organic Industries Limited has submitted Monitoring Agency Report issued by India Ratings & Research Private Limited (Monitoring Agency) in resp
  • Laxmi Organic Indust - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    11 Feb 2025, 6:31PM Laxmi Organic Industries Limited has submitted Monitoring Agency Report issued by India Ratings & Research Private Limited (Monitoring Agency) in resp
  • Laxmi Organic Industries

    27 Dec 2023 , 11:47AM India Ratings and Research has revised company’s outlook to Positive while affirming its Long-Term Issuer Rating at ‘IND AA-’.
  • Laxmi Organics Industries

    11 Oct 2023 , 10:33AM The company’s Fund-Raising Committee of Directors has approved the issue and allotment of 0.96 crore equity shares to eligible qualified institutional buyers at the issue price of Rs269.2/share (discount of 5% to floor price of Rs283.27/share) aggregating to Rs259 crore. The major qualified institutional buyers include ICICI Prudential MF and Societe Generale among others.
  • Laxmi Organic Industries

    6 Oct 2023 , 10:40AM Company’s board approved the floor price for QIP at Rs 283.27 per share.
  • Laxmi Organic board approves capex of Rs. 710 cr

    31 Jul 2023 , 11:42AM Laxmi Organic board approves capex of Rs. 710 cr to set up a manufacturing site at Dahej, Gujarat
  • Laxmi Organics

    21 Apr 2023 , 10:21AM Laxmi Organics: The board approved the proposal to raise funds through equity and/or debt, and to borrow in excess of limit specified u/s 180(1)(c) of the Companies Act, 2013 but not exceeding Rs. 2,000 crores.
  • Laxmi Organic Industries

    26 Sep 2022 , 11:15AM The company's plants at Mahad Industrial Area (MIDC, Raigad) has resumed operations in staggered manner post 21 days planned maintenance shutdown. The company plans to increase our capacity utilisation in next few weeks. Positive read through for Laxmi Organics.
  • Laxmi Organic Industries

    31 May 2021 , 2:41PM Laxmi Organics: Government imposed anti-dumping duty ($0.28/kg to $0.4/kg) on imports of Methyl Acetoacetate for next 5 years. Positive for Laxmi Organics as it the major producers of Acetoacetate in India.
  • Laxmi Organics makes decent market debut

    25 Mar 2021 , 10:35AM Laxmi Organics makes decent market debut; lists at 19.6% premium to issue price

Key fundamentals

Evaluate the intrinsic value of Laxmi Organic Industries Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 1972.29 1786.98 1382.441 1065.723 539.231
Liabilities 1972.29 1786.98 1382.441 1065.723 539.231
Equity 55.156 53.035 52.733 52.733 45.016
Gross Profit 270.368 246.227 319.424 202.452 117.634
Net Profit 155.651 134.739 231.142 122.551 78.621
Cash From Operating Activities 521.472 161.305 58.522 122.056 134.561
NPM(%) 5.51 5 7.71 7.63 5.78
Revenue 2824.477 2693.411 2996.467 1606.11 1358.693
Expenses 2554.109 2447.184 2677.043 1403.658 1241.059
ROE(%) 8.38 7.26 12.45 6.6 4.23

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
19 Jul 2024 0.6 30 0.33 256.6
21 Jul 2023 0.5 25 0.33 272.1
18 Jul 2022 0.7 35 0.33 424.55
14 Jul 2021 0.5 25 0.33 233.6

Peers

Other companies within the same industry or sector that are comparable to Laxmi Organic Industries Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Sharda Cropchem Ltd 551.85 -0.37 20.39 1630.74 35.34 0.54
Amines and Plasticizers Ltd 213.39 -0.13 28.53 994.49 361.94 0.23
Grauer and Weil (India) Ltd 115.60 0.00 32.66 4097.71 322.62 0.43
HP Adhesives Ltd 53.28 1.02 25.01 1660.63 111.94 0.00

Company Info

.The Company was incorporated as Laxmi Organic Industries Limited at Mumbai, Maharashtra as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 15, 1989, issued by the RoC. the Company received a certificate for commencement of business on December 20, 1989, pursuant to the provisions of the Companies Act, 1956.Major events and milestones of the Company :1992- Commission of the AI Manufacturing Facility at Raigad for manufacturing of glacial acetic acid 1996 Commenced production of ethyl acetate2004- Installation of two windmills at Chitradurga district, Karnataka with capacities of 0.6 MW each.- Receipt of ISO 9001-2000 certifications for manufacture and marketing of ethyl acetate, acetic acid and absolute alcohol.2006- Installation of windmill at Ghatnandre, Sangli, Maharashtra with capacity of 1.25 MW2008- Expansion of ethyl acetate manufacturing capacity at the AI Manufacturing Facility to 51,000 MT- Setting up of distillery at Jarandeshwar2010- Acquisition of Clariant's ketene/diketene business and expansion into diketene and diketene derivatives products by commissioning of the SI Manufacturing Facility- Receipt of ISO 14001:2009 and OHSAS 18001:2007 certifications for manufacturing and marketing of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol2011- Increase from 8,900 MT to 13,380 MT in the capacity of diketene and diketene derivatives and expansion of ethyl acetate capacity to 120,750 MT- Setting up of DSIR approved R&D centre at the SI Manufacturing Facility2012- Investment by the International Finance Corporation in the Company2013- Incorporation of the Subsidiary, Laxmi Organic (Europe) B.V., in Netherlands, Europe- Incorporation of the Subsidiary, Laxmi Petrochem Middle East FZE in Sharjah2018- Commissioning of the hydro-electric power project at Yedgaon2019- Receipt of DSIR registration for the Rabale Innovation Centre2020- Acquisition of assets from Miteni by VLPL2021- Receipt of USDA Certified Biobased Product label from U.S. Department of Agriculture for ethyl acetate- Signing of definitive agreements for the YCPL Acquisition- Receipt of ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015 certification for the manufacturing, marketing and sales of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol- Investment in Cleanwin Energy One LLP, which is engaged in the business of generation of renewable energy to acquire 26% stake, and execution of a power purchase agreement in connection therewith.

.The Company was incorporated as Laxmi Organic Industries Limited at Mumbai, Maharashtra as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 15, 1989, issued by the RoC. the Company received a certificate for commencement of business on December 20, 1989, pursuant to the provisions of the Companies Act, 1956.Major events and milestones of the Company :1992- Commission of the AI Manufacturing Facility at Raigad for manufacturing of glacial acetic acid 1996 Commenced production of ethyl acetate2004- Installation of two windmills at Chitradurga district, Karnataka with capacities of 0.6 MW each.- Receipt of ISO 9001-2000 certifications for manufacture and marketing of ethyl acetate, acetic acid and absolute alcohol.2006- Installation of windmill at Ghatnandre, Sangli, Maharashtra with capacity of 1.25 MW2008- Expansion of ethyl acetate manufacturing capacity at the AI Manufacturing Facility to 51,000 MT- Setting up of distillery at Jarandeshwar2010- Acquisition of Clariant's ketene/diketene business and expansion into diketene and diketene derivatives products by commissioning of the SI Manufacturing Facility- Receipt of ISO 14001:2009 and OHSAS 18001:2007 certifications for manufacturing and marketing of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol2011- Increase from 8,900 MT to 13,380 MT in the capacity of diketene and diketene derivatives and expansion of ethyl acetate capacity to 120,750 MT- Setting up of DSIR approved R&D centre at the SI Manufacturing Facility2012- Investment by the International Finance Corporation in the Company2013- Incorporation of the Subsidiary, Laxmi Organic (Europe) B.V., in Netherlands, Europe- Incorporation of the Subsidiary, Laxmi Petrochem Middle East FZE in Sharjah2018- Commissioning of the hydro-electric power project at Yedgaon2019- Receipt of DSIR registration for the Rabale Innovation Centre2020- Acquisition of assets from Miteni by VLPL2021- Receipt of USDA Certified Biobased Product label from U.S. Department of Agriculture for ethyl acetate- Signing of definitive agreements for the YCPL Acquisition- Receipt of ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015 certification for the manufacturing, marketing and sales of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol- Investment in Cleanwin Energy One LLP, which is engaged in the business of generation of renewable energy to acquire 26% stake, and execution of a power purchase agreement in connection therewith.

Read More

Parent Organisation

Laxmi Organic Industries Ltd.

Founded

15/05/1989

Managing Director

Mr.Rajan Venkatesh

NSE Symbol

LXCHEMEQ

FAQ

The current price of Laxmi Organic Industries Ltd is ₹ 181.09.

The 52-week high for Laxmi Organic Industries Ltd is ₹ 183.80 and the 52-week low is ₹ 180.00.

The market capitalization of Laxmi Organic Industries Ltd is currently ₹ 5017.40. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Laxmi Organic Industries Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Laxmi Organic Industries Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Laxmi Organic Industries Ltd shares.

The CEO of Laxmi Organic Industries Ltd is Mr.Rajan Venkatesh, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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