Laxmi Organic Industries Ltd share price logo

Laxmi Organic Industries Ltd (LXCHEM)

₹260.651.99%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 4 analysts

SELL

0.00%

Buy

25.00%

Hold

75.00%

Sell

Based on 4 analysts offering long term price targets for Laxmi Organic Industries Ltd. An average target of ₹242.25

Source: S&P Global Market Intelligence

Laxmi Organic Industries Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹259
    ₹268.25
  • 52 Week's Low

    52 Week's High

    ₹220
    ₹320.95
1 Month Return+ 6.79 %
3 Month Return+ 6.79 %
1 Year Return+ 2.78 %
Previous Close₹265.95
Open₹265.95
Volume15.29L
Upper Circuit-
Lower Circuit-
Market Cap₹7,352.19Cr

Key Statistics

P/E Ratio59.63
PEG Ratio-238.52
Market Cap₹7,352.19 Cr
P/B Ratio3.53
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
ICICI Prudential Multicap Fund Direct Plan GrowthICICI Prudential Multicap Fund Direct Plan Growth0.44%
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct GrowthICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth0.84%
ICICI Prudential Commodities Fund Direct GrowthICICI Prudential Commodities Fund Direct Growth0.67%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.12%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.12%

Company Information

Laxmi Organic Industries Limited (LOIL) was established in 1989 and is in the business of two main categories of products; Acetyl Intermediates and Specialty Intermediates. Acetyl Intermediates include Ethyl Acetate, Acetaldehyde, and Fuelgrade Ethanol, and Specialty Intermediates come from Clariant Chemicals India Limited industries. LOIL is the largest manufacturer of Ethyl Acetate in India and has a market share of 30 in the Indian ethyl acetate market. With the most recently acquired YCPL Acquisition, the market share will be further enhanced. In 2010, they started innovating with Specialty Intermediates and has a market share of 55 in the Indian diketene derivatives market in terms of revenue. Their products has a wide application in various industries and they have customers in over 30 countries. The company has two manufacturing facilities, two distilleries and is also in the process of setting up a manufacturing facility for fluorospecialty chemicals. In 2018, LOIL sold 49 of the total equity shares to two individuals and followed up by incorporating two new wholly-owned subsidiaries in 2019, and later acquired one in 2021. They also acquired a Hydro Power Project in 2018. In 2021, they came out with an IPO and have been listed on The National Stock Exchange of India Limited and BSE Limited.

Share Price: ₹260.65 per share as on 18 Jul, 2024 04:01 PM
Market Capitalisation: ₹7,352.19Cr as of today
Revenue: ₹792.06Cr as on March 2024 (Q1 24)
Net Profit: ₹44.31Cr as on March 2024 (Q1 24)
Listing date: 25 Mar, 2021
Chairperson Name: Ravi Goenka
OrganisationLaxmi Organic Industries Ltd
HeadquartersMumbai
IndustryChemicals
E-voting on sharesClick here to vote

Key events for Laxmi Organic Industries Ltd

  • Laxmi Organic Industries to Increase Dividend - 02 Jul, 2024

    Laxmi Organic Industries is set to increase its dividend payout from last year's payment of the same period to ₹0.60 on August 29th. The company has a low payout ratio and decent growth, suggesting it is reinvesting well and has room to increase dividends over time.

Insights on Laxmi Organic Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 10.71 Cr → 44.31 Cr (in ₹), with an average increase of 49.6% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.67% to 0.85% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 25.97% to 26.00% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 660.48 Cr → 799.96 Cr (in ₹), with an average increase of 9.1% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, LXCHEM stock has moved up by 2.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Fine Organic Industries Ltd has given 78.8% return, outperforming this stock by 76.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Aarti Industries Ltd has given 51.5% return, outperforming this stock by 48.7%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.09% to 2.92% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 69.83% to 69.72% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹792.06Cr
↑14.20%
Net Income
₹44.31Cr
↑62.96%
Net Profit Margin
5.59%
↑42.60%
2024Y/Y Change
Revenue
₹2,865.01Cr
↑2.65%
Net Income
₹120.54Cr
↓3.27%
Net Profit Margin
4.21%
↓5.61%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹2,846.86Cr
↑21.83%
Total Liabilities
₹1,010.30Cr
↑10.18%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹521.47Cr
↑223.27%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
69.72%
0.00
Foreign Institutions
0.85%
0.00
Mutual Funds
2.92%
0.00
Retail Investors
26%
0.00
Others
0.51%
0.00

Key Indicators

Laxmi Organic Industries Ltd Valuation

Laxmi Organic Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (25.86x)

June 30, 2021

Industry (45.71x)

July 16, 2024

Today (59.63x)

July 16, 2024

Highest (85.36x)

September 6, 2023

LowHigh

Earnings and Dividends

  • Laxmi Organic Industries Ltd Earnings Results

    Laxmi Organic Industries Ltd’s net profit jumped 82.2% since last year same period to ₹44.31Cr in the Q4 2023-2024. On a quarterly growth basis, Laxmi Organic Industries Ltd has generated 62.96% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Laxmi Organic Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Laxmi Organic Industries Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.23%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Laxmi Organic Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Laxmi Organic Industries Ltd (LXCHEM) share price today is ₹260.65

Laxmi Organic Industries Ltd is listed on NSE

Laxmi Organic Industries Ltd is listed on BSE

  • Today’s highest price of Laxmi Organic Industries Ltd is ₹268.25.
  • Today’s lowest price of Laxmi Organic Industries Ltd is ₹259.

PE Ratio of Laxmi Organic Industries Ltd is 59.63

PE ratio = Laxmi Organic Industries Ltd Market price per share / Laxmi Organic Industries Ltd Earnings per share

Today’s traded volume of Laxmi Organic Industries Ltd(LXCHEM) is 15.29L.

Today’s market capitalisation of Laxmi Organic Industries Ltd(LXCHEM) is ₹7352.19Cr.

Laxmi Organic Industries Ltd(LXCHEMPrice
52 Week High
₹320.95
52 Week Low
₹220

Laxmi Organic Industries Ltd(LXCHEM) share price is ₹260.65. It is down -18.79% from its 52 Week High price of ₹320.95

Laxmi Organic Industries Ltd(LXCHEM) share price is ₹260.65. It is up 18.48% from its 52 Week Low price of ₹220

Laxmi Organic Industries Ltd(LXCHEMReturns
1 Day Returns
-5.3%
1 Month Returns
6.79%
3 Month Returns
6.79%
1 Year Returns
2.78%