- Valuation
- ₹6,755 Cr

About Laxmi Organic Industries
Laxmi Organic Industries is a publicly listed company based in Mumbai (India) founded in 1992. Diversified chemicals are manufactured by Laxmi in Mumbai, India. It operates on a B2B2C and Reseller / Distribution model. Laxmi Organic Industries has raised $9.88 million across 3 funding rounds from investors including Société Générale, International Finance Corporation and 360 One. The company has 2,050 employees. Laxmi Organic Industries was last valued at $92.85 million in March 2012. Its chief executive, as recorded, is Rajan Venkatesh. Its website laxmi.com draws about 31 thousand monthly visits. Its Indian entity Laxmi Organic Industries Limited reported revenue of ₹2,862 Cr. Laxmi Organic Industries offers products and services including Acetyl Products, Ketene & Diketene Derivatives, Speciality Ingredients, and Solvents. Its focus areas include Chemicals, Specialty Chemicals, Industrial Specialties and Life Sciences.
Company details
Laxmi Organic Industries Ltd. is involved in the production of specialty chemicals and acetyl intermediates. Operations are focused on essentials and specialty business units, catering to sectors such as life sciences, crop sciences, paints, coatings, inks, and industrial specialties. A wide range of products, including bulk solvents, aldehydes, ketene, and diketene derivatives, are manufactured. Solutions are provided for diverse applications in pharmaceuticals, agrochemicals, food packaging, pigments, and coatings. Global presence is maintained with headquarters in Mumbai, India, alongside manufacturing and storage facilities across multiple countries.
Recognitions & Rankings of Laxmi Organic Industries
- Market Cap₹4,655 Cr
LXCHEM · NSE
- Share Price₹163.15
-2.60% today
- Revenue₹2,847 Cr
FY 2025-26 · -4.7% YoY
- EBITDA₹171 Cr
Margin 6.0%
- Net Profit₹79.94 Cr
FY 2025-26 · -32.4% YoY
- P/E (TTM)35.8x
P/B 2.3x
- ROE4.1%
ROCE 4.7%
- Debt / Equity0.21
Interest cover 23.3x
- Total Equity Funding$9.88M (USD)
in 3 rounds
- Latest Funding Round$31.12M (USD), Post-IPO
Oct 2023
- InvestorsSociété Générale
& 7 more
- Employee Count2,050
Associated legal entities of Laxmi Organic Industries
Laxmi Organic Industries is associated with 6 registered companies on The Company Check; the primary company is Laxmi Organic Industries Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Laxmi Organic Industries Limited Listed CIN L24200MH1989PLC051736 | Active | 15 May 1989 | Mahad, Maharashtra | ₹2,862 Cr | 926 | 13 | View details |
| Greenwin Energy Two Llp CIN ABZ-8270 | Active | 13 Jan 2023 | Mumbai, Maharashtra | 3 | View details | ||
| Laxmi Zest Llp CIN ACE-6069 | Active | 28 Dec 2023 | Ahmedabad, Gujarat | 2 | View details | ||
| Laxmi Lifesciences Private Limited CIN U24233MH2013PTC245224 | Strike Off | 04 Jul 2013 | Mumbai, Maharashtra | 2 | View details | ||
| Laxmi Bioenergie Limited. CIN U15400MH1999PLC118245 | Active | 09 Feb 1999 | Mumbai, Maharashtra | 4 | View details | ||
| Laxmi Natural Products Private Limited CIN U15130MH1998PTC115829 | Active | 17 Jul 1998 | Mumbai, Maharashtra | ₹0.1 Cr | 2 | View details |
Products & Services of Laxmi Organic Industries
Laxmi Organic Industries offers a comprehensive portfolio of products and services, including Acetyl Products, Ketene & Diketene Derivatives, Speciality Ingredients, and Solvents.
Bulk solvents and aldehydes are produced for industries.
Esters, amides, and arylides are manufactured for applications.
Speciality ingredients are offered for diverse market sectors.
Solvents are provided for pharmaceuticals and agrochemicals sectors.
Funding Insights of Laxmi Organic Industries
Laxmi Organic Industries has successfully raised a total of $9.88M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $31.12 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.88M
- Total Rounds 3
- Last Round Post-IPO — $31.12M
- First Round $798,214
(Oct 2009)
- Investors Count 8
All 3 funding rounds of Laxmi Organic Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $31.12M | Post-IPO | – | – | |
| Mar 2012 | $9.08M | Series A | $92.85M | IFC | – |
| Oct 2009 | $798,214 | Angel Round | $37.38M | Kailash Agarwal | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2012 | $92.85M | •••••••• |
| Oct 2009 | $37.38M | •••••••• |
Last known valuation $92.85M (Mar 2012). 8 investors in total: 7 institutional and 1 angel.
Investors in Laxmi Organic Industries
Laxmi Organic Industries has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Société Générale, International Finance Corporation and 360 One.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Real estate funds are managed through multiple investment strategies. | 1993 | icicipruamc.com | Mumbai, India | |
Full-service corporate advisory is provided to global clients. | 1864 | societegenerale.com | Paris, France | |
Asset and wealth management software is provided for businesses. | 2008 | 360.one | Mumbai, India | |
Diversified asset management firm | 2018 | ashokaindiaequity.com | London, United Kingdom | |
Diversified investments in infrastructure and other sectors are managed. | 1982 | authum.com | Mumbai, India | |
KA Kailash Agarwal | unknown_de64d5772cf34697b | |||
Investor details for Laxmi Organic Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Laxmi Organic Industries Limited (Laxmi Organic Industries)
Laxmi Organic Industries Limited is the primary company behind Laxmi Organic Industries. The boards of the 6 registered companies of Laxmi Organic Industries currently have 17 directors; the longest-serving is Ravi Goenka Vasudeo, appointed in 1999. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Goenka Vasudeo DIN 00059267 | Director | 09 Feb 1999 | 27 yrs 8 mo | Laxmi Bioenergie Limited., Laxmi Organic Industries Limited |
| Rajeev Vasudeo Goenka DIN 00059346 | Director | 09 Feb 1999 | 27 yrs 8 mo | Laxmi Bioenergie Limited., Laxmi Organic Industries Limited |
| Manish Chokhani DIN 00204011 | Director | 30 Mar 2012 | 14 yrs 7 mo | Laxmi Organic Industries Limited |
| Brijesh Kumar Soni DIN 00037955 | Director | 30 Mar 2015 | 11 yrs 7 mo | Laxmi Lifesciences Private Limited, Laxmi Natural Products Private Limited |
| Sunilkumar Liladhar Gupta DIN 00059659 | Director | 30 Mar 2015 | 11 yrs 7 mo | Laxmi Lifesciences Private Limited, Laxmi Natural Products Private Limited |
| Sangeeta Kapil Jit Singh DIN 06920906 | Director | 04 Sep 2017 | 9 yrs 2 mo | Laxmi Organic Industries Limited |
| Rajeev Arvind Vaidya DIN 05208166 | Director | 25 Nov 2020 | 5 yrs 11 mo | Laxmi Organic Industries Limited |
| Rajiv Manohar Banavali DIN 09128266 | Director | 18 May 2021 | 5 yrs 5 mo | Laxmi Organic Industries Limited |
| Aryavrat Rajeev Goenka DIN 09113814 | Director | 01 Dec 2021 | 4 yrs 11 mo | Laxmi Bioenergie Limited. |
| Niharika Ravi Goenka DIN 09112076 | Designated Partner | 13 Jan 2023 | 3 yrs 9 mo | Greenwin Energy Two Llp |
| Manisha Goenka DIN 00076872 | Designated Partner | 13 Jan 2023 | 3 yrs 9 mo | Greenwin Energy Two Llp |
| Harshvardhan Ravi Goenka DIN 08239696 | Designated Partner | 13 Jan 2023 | 3 yrs 9 mo | Greenwin Energy Two Llp, Laxmi Bioenergie Limited., Laxmi Organic Industries Limited |
| Rajan Venkatesh DIN 10057058 | Managing Director | 03 Apr 2023 | 3 yrs 7 mo | Laxmi Organic Industries Limited |
| Rupalben Jayeshkumar Shah DIN 02479662 | Designated Partner | 28 Dec 2023 | 2 yrs 10 mo | Laxmi Zest Llp |
| Jayesh Chinubhai Shah DIN 02479665 | Designated Partner | 28 Dec 2023 | 2 yrs 10 mo | Laxmi Zest Llp |
| Arun Lalchand Todarwal DIN 00020916 | Director | 01 Apr 2024 | 2 yrs 7 mo | Laxmi Organic Industries Limited |
| Vijay Ramchandra Ratnaparkhe DIN 03211521 | Director | 01 Jul 2024 | 2 yrs 4 mo | Laxmi Organic Industries Limited |
People of Laxmi Organic Industries
44 people are tracked at Laxmi Organic Industries (20 in leadership, 24 in team); the tracked headcount is 2,050.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Prateek Singh | Chief Human Resource Officer | Leadership |
Manoj Bagal | Vice President Manufacturing Operations | Leadership |
Salil Mukundan | Chief Technology Officer | Leadership |
Pratik Panchal | Senior Vice President | Leadership |
Pragnesh Modi | Vice President - Projects | Leadership |
Pramod Sanap | Senior Vice President HR & ER | Leadership |
| Executive Director – Strategy & Business Development | Leadership | |
Krishna Rao | Senior Vice President - Quality | Leadership |
Jitendra Agarwal | President - Essentials BU | Leadership |
Kamlesh Shinde | Deputy General Manager Quality | Leadership |
Virag Shah | President -specialties BU | Leadership |
Shariq Warsi | Deputy General Manager Digital COE Lead | Leadership |
Deepak Dutt | General Manager Logistics | Leadership |
Sachin Doshi | Deputy General Manager Sales Marketing | Leadership |
Milind Vaidya | Executive Vice President | Leadership |
Siddharth B | Vice President - Technology | Leadership |
Narasimha Rao M | Deputy General Manager | Leadership |
Nikhil K. | General Manager – Strategy | Leadership |
Sameer Johri | Senior Vice President Manufacturing | Leadership |
24 more people are available in the full profile.
Complete people profiles for Laxmi Organic Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Laxmi Organic Industries
Laxmi Organic Industries is a publicly listed company on the NSE with ticker symbol LXCHEM in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Mar 2021
- Listed onBSE: 543277 · NSE: LXCHEM
- Listed entityLaxmi Organic Industries Ltd.
- Exchange sectorProcess industries
- ISININE576O01020
- Share price₹183.57 (+4.31% on the day) · 2026-10-14
- Market capitalisation₹4,900 Cr
- Price to earnings40.5
- EPS (diluted, trailing year)₹4.53
- Dividend yield0.17%
- Volume (last session)2,108,059
Financials of Laxmi Organic Industries
Exchange-reported figures of Laxmi Organic Industries Limited, the listed company behind Laxmi Organic Industries (NSE: LXCHEM).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,847 | 2,985 | 2,865 | 2,797 | 3,084 | 1,768 | 1,534 |
| Revenue growth | -4.7% | +4.2% | +2.4% | -9.3% | +74.4% | +15.3% | - |
| EBITDA | 171 | 280 | 256 | 248 | 371 | 219 | 117 |
| EBITDA margin | +6.0% | +9.4% | +8.9% | +8.9% | +12.0% | +12.4% | +7.6% |
| Profit before tax | 87.97 | 161 | 171 | 173 | 318 | 158 | 80.78 |
| Net profit | 79.94 | 118 | 117 | 124 | 256 | 127 | 49.49 |
| Net profit margin | +2.8% | +4.0% | +4.1% | +4.4% | +8.3% | +7.2% | +3.2% |
| EPS (₹) | 2.86 | 4.10 | 4.37 | 4.70 | 9.72 | 4.82 | 15.57 |
| Balance sheet | |||||||
| Total assets | 2,539 | 2,171 | 1,947 | 1,822 | 1,444 | 1,188 | 597 |
| Net worth | 1,986 | 1,907 | 1,798 | 1,412 | 1,301 | 1,035 | 427 |
| Total debt | 543 | 258 | 143 | 406 | 139 | 149 | 159 |
| Cash & bank | 61.33 | 118 | 317 | 131 | 182 | 539 | 36.33 |
| Net working capital | 349 | 425 | 502 | 634 | 669 | 669 | 179 |
| Cash flow | |||||||
| Cash from operations | 175 | 108 | 561 | 199 | 45.68 | 106 | 196 |
| Cash from investing | (404) | (268) | (490) | (384) | 94.92 | (641) | (55.91) |
| Cash from financing | 247 | 90.12 | (41.62) | 232 | (124) | 527 | (123) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 968 | 735 | 719 | 700 | 693 | 710 | 786 | 771 |
| Revenue growth (YoY) | +39.8% | +3.6% | -8.6% | -9.3% | -3.5% | - | - | - |
| Other income | 3.44 | 2.71 | 3.15 | 3.93 | 5.51 | 1.10 | 5.63 | 6.65 |
| EBITDA | 114 | 53.63 | 49.92 | 37.08 | 30.75 | 59.00 | 74.77 | 74.68 |
| EBITDA margin | +11.8% | +7.3% | +6.9% | +5.3% | +4.4% | +8.3% | +9.5% | +9.7% |
| Depreciation | 21.71 | 19.20 | 20.47 | 19.82 | 17.15 | 39.51 | 31.19 | 27.46 |
| Interest | 4.30 | 4.68 | 6.80 | 5.70 | 4.92 | 7.34 | 2.16 | 7.64 |
| Profit before tax | 91.76 | 32.46 | 25.80 | 15.49 | 14.19 | 13.25 | 47.05 | 46.23 |
| Tax | 24.04 | 10.92 | 0.41 | 4.48 | (7.20) | (8.52) | 17.74 | 18.16 |
| Net profit | 67.72 | 21.54 | 25.39 | 11.01 | 21.39 | 21.77 | 29.31 | 28.07 |
| EPS (₹) | 2.44 | (0.78) | 0.92 | 0.40 | 0.76 | 0.79 | 1.05 | 1.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,809 | 2,945 | 2,824 | 2,691 | 2,882 | 1,606 | 1,359 |
| Revenue growth | -4.6% | +4.3% | +5.0% | -6.6% | +79.4% | +18.2% | - |
| EBITDA | 174 | 282 | 258 | 247 | 337 | 205 | 120 |
| EBITDA margin | +6.2% | +9.6% | +9.1% | +9.2% | +11.7% | +12.7% | +8.8% |
| Profit before tax | 92.57 | 165 | 176 | 183 | 294 | 151 | 90.39 |
| Net profit | 79.80 | 123 | 123 | 134 | 239 | 123 | 57.49 |
| Net profit margin | +2.8% | +4.2% | +4.4% | +5.0% | +8.3% | +7.6% | +4.2% |
| EPS (₹) | 2.86 | 4.26 | 4.62 | 5.08 | 9.09 | 4.65 | 17.47 |
| Balance sheet | |||||||
| Total assets | 2,539 | 2,174 | 1,946 | 1,796 | 1,386 | 1,123 | 582 |
| Net worth | 1,988 | 1,912 | 1,800 | 1,420 | 1,282 | 1,044 | 441 |
| Total debt | 541 | 255 | 139 | 372 | 99.23 | 74.75 | 138 |
| Cash & bank | 35.98 | 94.12 | 291 | 118 | 177 | 534 | 33.84 |
| Net working capital | 319 | 396 | 471 | 602 | 605 | 622 | 205 |
| Cash flow | |||||||
| Cash from operations | 173 | 114 | 521 | 161 | 60.61 | 110 | 135 |
| Cash from investing | (404) | (274) | (494) | (362) | 43.86 | (604) | (2.61) |
| Cash from financing | 248 | 91.47 | (10.49) | 241 | (87.48) | 485 | (115) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 958 | 723 | 707 | 706 | 672 | 714 | 768 | 744 |
| Revenue growth (YoY) | +42.5% | +1.3% | -7.9% | -5.1% | -6.4% | - | - | - |
| Other income | 3.43 | 2.61 | 3.17 | 3.90 | 5.51 | 4.85 | 5.61 | 6.38 |
| Total expenses | 851 | 670 | 660 | 666 | 638 | 655 | 695 | 672 |
| EBITDA | 107 | 53.17 | 47.19 | 39.98 | 33.77 | 59.28 | 72.43 | 72.06 |
| EBITDA margin | +11.2% | +7.4% | +6.7% | +5.7% | +5.0% | +8.3% | +9.4% | +9.7% |
| Depreciation | 21.33 | 18.81 | 20.09 | 19.43 | 16.77 | 39.13 | 30.80 | 27.06 |
| Interest | 4.20 | 4.58 | 6.70 | 5.59 | 4.76 | 7.09 | 2.39 | 7.01 |
| Profit before tax | 84.89 | 32.39 | 23.57 | 18.86 | 17.75 | 17.91 | 44.85 | 44.37 |
| Tax | 21.60 | 9.87 | 3.75 | 4.92 | (5.22) | (10.57) | 17.02 | 17.84 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 968 | 735 | 719 | 700 | 693 | 710 | 786 | 771 |
| Revenue growth (YoY) | +39.8% | +3.6% | -8.6% | -9.3% | -3.5% | - | - | - |
| Other income | 3.44 | 2.71 | 3.15 | 3.93 | 5.51 | 1.10 | 5.63 | 6.65 |
| EBITDA | 114 | 53.63 | 49.92 | 37.08 | 30.75 | 59.00 | 74.77 | 74.68 |
| EBITDA margin | +11.8% | +7.3% | +6.9% | +5.3% | +4.4% | +8.3% | +9.5% | +9.7% |
| Depreciation | 21.71 | 19.20 | 20.47 | 19.82 | 17.15 | 39.51 | 31.19 | 27.46 |
| Interest | 4.30 | 4.68 | 6.80 | 5.70 | 4.92 | 7.34 | 2.16 | 7.64 |
| Profit before tax | 91.76 | 32.46 | 25.80 | 15.49 | 14.19 | 13.25 | 47.05 | 46.23 |
| Tax | 24.04 | 10.92 | 0.41 | 4.48 | (7.20) | (8.52) | 17.74 | 18.16 |
| Net profit | 67.72 | 21.54 | 25.39 | 11.01 | 21.39 | 21.77 | 29.31 | 28.07 |
| EPS (₹) | 2.44 | (0.78) | 0.92 | 0.40 | 0.76 | 0.79 | 1.05 | 1.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,847 | 2,985 | 2,865 | 2,797 | 3,084 | 1,768 | 1,534 |
| Revenue growth | -4.7% | +4.2% | +2.4% | -9.3% | +74.4% | +15.3% | - |
| Other income | 15.31 | 25.36 | 28.23 | 12.05 | 14.88 | 4.61 | 30.16 |
| Total expenses | 2,675 | 2,706 | 2,609 | 2,548 | 2,713 | 1,549 | 1,418 |
| Employee cost | 164 | 126 | 148 | 102 | 109 | 80.12 | 63.51 |
| EBITDA | 171 | 280 | 256 | 248 | 371 | 219 | 117 |
| EBITDA margin | +6.0% | +9.4% | +8.9% | +8.9% | +12.0% | +12.4% | +7.6% |
| Depreciation | 76.64 | 124 | 107 | 72.41 | 49.28 | 46.52 | 48.89 |
| Interest | 22.09 | 20.45 | 6.55 | 14.87 | 18.89 | 19.01 | 17.04 |
| Profit before tax | 87.97 | 161 | 171 | 173 | 318 | 158 | 80.78 |
| Tax | 8.61 | 47.02 | 50.26 | 48.30 | 61.44 | 31.34 | 10.56 |
| Net profit | 79.94 | 118 | 117 | 124 | 256 | 127 | 49.49 |
| Net profit margin | +2.8% | +4.0% | +4.1% | +4.4% | +8.3% | +7.2% | +3.2% |
| EPS (₹) | 2.86 | 4.10 | 4.37 | 4.70 | 9.72 | 4.82 | 15.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 55.43 | 55.41 | 55.16 | 53.04 | 52.73 | 52.73 | 45.02 |
| Reserves & surplus | 1,930 | 1,851 | 1,742 | 1,359 | 1,248 | 982 | 382 |
| Shareholders' funds (net worth) | 1,986 | 1,907 | 1,798 | 1,412 | 1,301 | 1,035 | 427 |
| Minority interest | 0.34 | 0.34 | 0.37 | 0.61 | 0.37 | 0.45 | 0.39 |
| Secured loans | 541 | 253 | 136 | 347 | 126 | 129 | 125 |
| Unsecured loans | 2.20 | 4.39 | 7.04 | 58.42 | 13.06 | 20.70 | 33.65 |
| Total debt | 543 | 258 | 143 | 406 | 139 | 149 | 159 |
| Total liabilities | 2,539 | 2,171 | 1,947 | 1,822 | 1,444 | 1,188 | 597 |
| Assets | |||||||
| Gross block | 2,087 | 1,699 | 1,288 | 1,018 | 633 | 517 | 484 |
| Net block | 1,481 | 1,166 | 879 | 715 | 394 | 325 | 338 |
| Capital work in progress | 652 | 398 | 444 | 447 | 374 | 148 | 67.49 |
| Investments | 36.95 | 148 | 126 | 22.77 | 5.25 | 3.25 | 0.00 |
| Inventories | 365 | 378 | 283 | 294 | 374 | 203 | 152 |
| Sundry debtors | 524 | 538 | 583 | 570 | 668 | 435 | 359 |
| Cash & bank balances | 61.33 | 118 | 317 | 131 | 182 | 539 | 36.33 |
| Loans & advances | 277 | 231 | 170 | 201 | 244 | 126 | 90.96 |
| Total current assets | 1,227 | 1,265 | 1,354 | 1,197 | 1,469 | 1,303 | 639 |
| Total current liabilities | 878 | 840 | 852 | 563 | 800 | 634 | 460 |
| Net working capital | 349 | 425 | 502 | 634 | 669 | 669 | 179 |
| Total assets | 2,539 | 2,171 | 1,947 | 1,822 | 1,444 | 1,188 | 597 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 41.64 | 111 | 81.01 | 33.61 | 16.62 | 24.11 | 7.65 |
| Net cash from operating activities | 175 | 108 | 561 | 199 | 45.68 | 106 | 196 |
| Net cash from investing activities | (404) | (268) | (490) | (384) | 94.92 | (641) | (55.91) |
| Net cash from financing activities | 247 | 90.12 | (41.62) | 232 | (124) | 527 | (123) |
| Net change in cash | 18.50 | (69.50) | 30.13 | 47.40 | 16.41 | (7.49) | 16.47 |
| Closing cash | 61.33 | 118 | 317 | 131 | 182 | 539 | 36.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.7% | +4.2% | +2.4% | -9.3% | +74.4% | +15.3% | - |
| EBITDA growth | -38.7% | +9.4% | +3.1% | -33.2% | +69.3% | +88.2% | - |
| PBT growth | -45.2% | -6.0% | -1.2% | -45.6% | +100.7% | +96.1% | -17.2% |
| Net income growth | -32.4% | +0.8% | -5.4% | -51.5% | +101.2% | +157.0% | - |
| Revenue CAGR (3Y) | +0.6% | -1.1% | +17.5% | +22.2% | +25.3% | +8.8% | +12.6% |
| EBITDA CAGR (3Y) | -11.6% | -9.0% | +5.3% | +28.7% | +33.9% | +12.6% | -0.7% |
| Profitability & leverage | |||||||
| Net income margin | +2.8% | +3.8% | +4.2% | +4.5% | +8.3% | +7.2% | +4.6% |
| Return on capital employed | +4.7% | +8.8% | +9.4% | +11.5% | +25.6% | +19.9% | +11.7% |
| Return on net worth | +4.1% | +6.1% | +7.5% | +9.2% | +22.0% | +17.4% | +11.3% |
| Debt / equity | 0.21 | 0.11 | 0.17 | 0.20 | 0.12 | 0.21 | 0.38 |
| Long-term debt / equity | 0.14 | 0.04 | 0.08 | 0.05 | 0.01 | 0.07 | 0.19 |
| Interest cover | 23.31 | 13.14 | 4.39 | 8.46 | 5.87 | 11.00 | 25.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.50 | 2.00 | 2.48 | 3.41 | 5.37 | 3.54 | 3.29 |
| Inventory turnover | 7.66 | 9.03 | 9.92 | 8.37 | 10.69 | 9.96 | 9.51 |
| Debtors turnover | 5.36 | 5.32 | 4.97 | 4.52 | 5.59 | 4.45 | 4.48 |
| EPS (₹) | 2.86 | 4.10 | 4.37 | 4.70 | 9.72 | 4.82 | 15.57 |
| Dividend per share (₹) | 0.30 | 0.50 | 0.60 | 0.50 | 0.70 | 0.50 | 1.75 |
| Book value per share (₹) | 71.64 | 68.81 | 65.18 | 53.24 | 49.33 | 39.24 | 94.84 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 958 | 723 | 707 | 706 | 672 | 714 | 768 | 744 |
| Revenue growth (YoY) | +42.5% | +1.3% | -7.9% | -5.1% | -6.4% | - | - | - |
| Other income | 3.43 | 2.61 | 3.17 | 3.90 | 5.51 | 4.85 | 5.61 | 6.38 |
| Total expenses | 851 | 670 | 660 | 666 | 638 | 655 | 695 | 672 |
| EBITDA | 107 | 53.17 | 47.19 | 39.98 | 33.77 | 59.28 | 72.43 | 72.06 |
| EBITDA margin | +11.2% | +7.4% | +6.7% | +5.7% | +5.0% | +8.3% | +9.4% | +9.7% |
| Depreciation | 21.33 | 18.81 | 20.09 | 19.43 | 16.77 | 39.13 | 30.80 | 27.06 |
| Interest | 4.20 | 4.58 | 6.70 | 5.59 | 4.76 | 7.09 | 2.39 | 7.01 |
| Profit before tax | 84.89 | 32.39 | 23.57 | 18.86 | 17.75 | 17.91 | 44.85 | 44.37 |
| Tax | 21.60 | 9.87 | 3.75 | 4.92 | (5.22) | (10.57) | 17.02 | 17.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,809 | 2,945 | 2,824 | 2,691 | 2,882 | 1,606 | 1,359 |
| Revenue growth | -4.6% | +4.3% | +5.0% | -6.6% | +79.4% | +18.2% | - |
| Other income | 15.19 | 25.29 | 28.78 | 28.93 | 21.07 | 9.48 | 33.25 |
| Total expenses | 2,634 | 2,662 | 2,566 | 2,444 | 2,545 | 1,401 | 1,239 |
| Employee cost | 153 | 120 | 143 | 97.31 | 101 | 75.01 | 58.42 |
| EBITDA | 174 | 282 | 258 | 247 | 337 | 205 | 120 |
| EBITDA margin | +6.2% | +9.6% | +9.1% | +9.2% | +11.7% | +12.7% | +8.8% |
| Depreciation | 75.10 | 122 | 105 | 70.46 | 46.83 | 45.26 | 47.63 |
| Interest | 21.64 | 19.73 | 5.73 | 21.62 | 17.22 | 17.54 | 15.31 |
| Profit before tax | 92.57 | 165 | 176 | 183 | 294 | 151 | 90.39 |
| Tax | 13.32 | 47.47 | 48.62 | 48.67 | 53.98 | 28.77 | 11.76 |
| Net profit | 79.80 | 123 | 123 | 134 | 239 | 123 | 57.49 |
| Net profit margin | +2.8% | +4.2% | +4.4% | +5.0% | +8.3% | +7.6% | +4.2% |
| EPS (₹) | 2.86 | 4.26 | 4.62 | 5.08 | 9.09 | 4.65 | 17.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 55.43 | 55.41 | 55.16 | 53.04 | 52.73 | 52.73 | 45.02 |
| Reserves & surplus | 1,933 | 1,856 | 1,745 | 1,367 | 1,230 | 992 | 396 |
| Shareholders' funds (net worth) | 1,988 | 1,912 | 1,800 | 1,420 | 1,282 | 1,044 | 441 |
| Secured loans | 541 | 253 | 136 | 318 | 90.71 | 60.40 | 125 |
| Unsecured loans | 0.00 | 1.44 | 3.40 | 53.83 | 8.52 | 14.35 | 13.06 |
| Total debt | 541 | 255 | 139 | 372 | 99.23 | 74.75 | 138 |
| Total liabilities | 2,539 | 2,174 | 1,946 | 1,796 | 1,386 | 1,123 | 582 |
| Assets | |||||||
| Gross block | 2,091 | 1,683 | 1,272 | 989 | 596 | 502 | 470 |
| Net block | 1,499 | 1,161 | 872 | 694 | 361 | 315 | 327 |
| Capital work in progress | 652 | 419 | 459 | 87.86 | 177 | 59.88 | 22.93 |
| Investments | 55.85 | 167 | 149 | 287 | 31.73 | 25.15 | 21.26 |
| Inventories | 345 | 359 | 248 | 242 | 323 | 170 | 144 |
| Sundry debtors | 529 | 541 | 603 | 537 | 625 | 385 | 317 |
| Cash & bank balances | 35.98 | 94.12 | 291 | 118 | 177 | 534 | 33.84 |
| Loans & advances | 277 | 234 | 174 | 207 | 242 | 129 | 139 |
| Total current assets | 1,187 | 1,228 | 1,316 | 1,105 | 1,366 | 1,219 | 634 |
| Total current liabilities | 868 | 831 | 845 | 502 | 762 | 597 | 429 |
| Net working capital | 319 | 396 | 471 | 602 | 605 | 622 | 205 |
| Total assets | 2,539 | 2,174 | 1,946 | 1,796 | 1,386 | 1,123 | 582 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 17.51 | 85.20 | 69.03 | 29.44 | 12.45 | 21.63 | 4.95 |
| Net cash from operating activities | 173 | 114 | 521 | 161 | 60.61 | 110 | 135 |
| Net cash from investing activities | (404) | (274) | (494) | (362) | 43.86 | (604) | (2.61) |
| Net cash from financing activities | 248 | 91.47 | (10.49) | 241 | (87.48) | 485 | (115) |
| Net change in cash | 17.28 | (67.70) | 16.17 | 39.59 | 16.99 | (9.18) | 16.68 |
| Closing cash | 35.98 | 94.12 | 291 | 118 | 177 | 534 | 33.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.6% | +4.3% | +5.0% | -6.6% | +79.4% | +18.2% | - |
| EBITDA growth | -38.4% | +9.5% | +4.7% | -26.7% | +64.5% | +70.4% | - |
| PBT growth | -44.1% | -6.0% | -4.1% | -37.5% | +94.0% | +67.4% | -12.1% |
| Net income growth | -35.0% | -0.5% | -8.0% | -43.9% | +94.9% | +113.5% | - |
| Revenue CAGR (3Y) | +1.4% | +0.7% | +20.7% | +25.6% | +26.4% | +8.1% | +10.5% |
| EBITDA CAGR (3Y) | -11.0% | -5.7% | +8.0% | +27.1% | +30.0% | +11.2% | +1.1% |
| Profitability & leverage | |||||||
| Net income margin | +2.8% | +4.0% | +4.5% | +5.0% | +8.3% | +7.6% | +5.8% |
| Return on capital employed | +4.9% | +9.0% | +9.7% | +12.9% | +24.8% | +19.8% | +13.5% |
| Return on net worth | +4.1% | +6.4% | +7.9% | +10.0% | +20.6% | +16.5% | +12.8% |
| Debt / equity | 0.20 | 0.11 | 0.16 | 0.17 | 0.07 | 0.14 | 0.31 |
| Long-term debt / equity | 0.14 | 0.04 | 0.07 | 0.05 | 0.01 | 0.07 | 0.19 |
| Interest cover | 21.85 | 12.34 | 3.75 | 12.28 | 5.94 | 11.00 | 21.13 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.49 | 1.99 | 2.50 | 3.39 | 5.25 | 3.30 | 3.04 |
| Inventory turnover | 7.98 | 9.70 | 11.51 | 9.52 | 11.69 | 10.21 | 9.97 |
| Debtors turnover | 5.25 | 5.15 | 4.95 | 4.63 | 5.71 | 4.58 | 4.38 |
| EPS (₹) | 2.86 | 4.26 | 4.62 | 5.08 | 9.09 | 4.65 | 17.47 |
| Dividend per share (₹) | 0.30 | 0.50 | 0.60 | 0.50 | 0.70 | 0.50 | 1.75 |
| Book value per share (₹) | 71.74 | 69.00 | 65.28 | 53.54 | 48.64 | 39.61 | 97.95 |
Timeline of Laxmi Organic Industries
5 dated milestones of Laxmi Organic Industries across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Laxmi Organic Industries is founded.
- Funding First funding round of $798K.
- Milestone Reaches Minicorn status.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $31.1M.
Web traffic of Laxmi Organic Industries
The website of Laxmi Organic Industries (laxmi.com) receives about 31.1K visits a month.
- Monthly visits31.1K
▲ 126.1% vs previous month
Top companies in Core & Diversified Chemicals
3 companies that operate in the same segment as Laxmi Organic Industries (Core & Diversified Chemicals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | USD 1.21 B | 1,020 | ||
Specialty chemicals are manufactured through integrated R&D and production processes. | 2023 | Bengaluru, Karnataka, India | USD 72.97 M | USD 23.86 M | ||
Manufactures coal tar and basic industrial chemicals. | 1987 | Kolkata, West Bengal, India | USD 24 M | USD 515.01 M | 1,161 |
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Frequently Asked Questions about Laxmi Organic Industries
Laxmi Organic Industries was founded in 1992 and raised its 1st funding round 17 years after it was founded.
Laxmi Organic Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rajan Venkatesh is the CEO of Laxmi Organic Industries, as recorded in our data.
Laxmi Organic Industries is a funded company, having raised a total of $9.88M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $798.21K, raised on Oct 2009.
Laxmi Organic Industries has 2,050 employees.
The primary company behind Laxmi Organic Industries, Laxmi Organic Industries Limited, reported revenue of ₹2,862 Cr for FY 2026, down 5% year on year.
Laxmi Organic Industries Ltd. is involved in the production of specialty chemicals and acetyl intermediates. Operations are focused on essentials and specialty business units, catering to sectors such as life sciences, crop sciences, paints, coatings, inks, and industrial specialties. A wide range of products, including bulk solvents, aldehydes, ketene, and diketene derivatives, are manufactured. Solutions are provided for diverse applications in pharmaceuticals, agrochemicals, food packaging, pigments, and coatings. Global presence is maintained with headquarters in Mumbai, India, alongside manufacturing and storage facilities across multiple countries.
Laxmi Organic Industries offers Acetyl Products, Ketene & Diketene Derivatives, Speciality Ingredients, and Solvents.
Yes, Laxmi Organic Industries is publicly traded on NSE under the ticker symbol LXCHEM.
Laxmi Organic Industries has 8 investors. Key investors include Société Générale, International Finance Corporation, 360 One, Authum Investment & Infrastructure, and ICICI Prudential Asset Management Company.
The valuation of Laxmi Organic Industries is $92.85M as of Mar 2012.
Laxmi Organic Industries is associated with 6 legal entities: Laxmi Organic Industries Limited, Greenwin Energy Two Llp, Laxmi Zest Llp and others.
