company background image
LXCHEM logo

Laxmi Organic Industries NSEI:LXCHEM Stock Report

Last Price

₹235.20

Market Cap

₹64.7b

7D

3.3%

1Y

6.2%

Updated

28 Mar, 2024

Data

Company Financials +

Laxmi Organic Industries Limited

NSEI:LXCHEM Stock Report

Market Cap: ₹64.7b

LXCHEM Stock Overview

Laxmi Organic Industries Limited, a specialty chemical manufacturer, provides acetyl and specialty intermediates in India and internationally.

LXCHEM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Laxmi Organic Industries Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Laxmi Organic Industries
Historical stock prices
Current Share Price₹235.20
52 Week High₹320.95
52 Week Low₹221.80
Beta0.13
1 Month Change-10.30%
3 Month Change-18.98%
1 Year Change6.23%
3 Year Change30.05%
5 Year Changen/a
Change since IPO43.02%

Recent News & Updates

Recent updates

Earnings Tell The Story For Laxmi Organic Industries Limited (NSE:LXCHEM)

Mar 26
Earnings Tell The Story For Laxmi Organic Industries Limited (NSE:LXCHEM)

Does This Valuation Of Laxmi Organic Industries Limited (NSE:LXCHEM) Imply Investors Are Overpaying?

Mar 01
Does This Valuation Of Laxmi Organic Industries Limited (NSE:LXCHEM) Imply Investors Are Overpaying?

Analysts Are Updating Their Laxmi Organic Industries Limited (NSE:LXCHEM) Estimates After Its Third-Quarter Results

Jan 27
Analysts Are Updating Their Laxmi Organic Industries Limited (NSE:LXCHEM) Estimates After Its Third-Quarter Results

Capital Allocation Trends At Laxmi Organic Industries (NSE:LXCHEM) Aren't Ideal

Aug 29
Capital Allocation Trends At Laxmi Organic Industries (NSE:LXCHEM) Aren't Ideal

Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50

Jul 14
Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50

Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50

May 21
Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50

Here's What's Concerning About Laxmi Organic Industries' (NSE:LXCHEM) Returns On Capital

May 17
Here's What's Concerning About Laxmi Organic Industries' (NSE:LXCHEM) Returns On Capital

Laxmi Organic Industries (NSE:LXCHEM) Will Pay A Larger Dividend Than Last Year At ₹0.70

Jul 10
Laxmi Organic Industries (NSE:LXCHEM) Will Pay A Larger Dividend Than Last Year At ₹0.70

Many Would Be Envious Of Laxmi Organic Industries' (NSE:LXCHEM) Excellent Returns On Capital

Jun 19
Many Would Be Envious Of Laxmi Organic Industries' (NSE:LXCHEM) Excellent Returns On Capital

Laxmi Organic Industries' (NSE:LXCHEM) Solid Profits Have Weak Fundamentals

May 12
Laxmi Organic Industries' (NSE:LXCHEM) Solid Profits Have Weak Fundamentals

If You Like EPS Growth Then Check Out Laxmi Organic Industries (NSE:LXCHEM) Before It's Too Late

Apr 05
If You Like EPS Growth Then Check Out Laxmi Organic Industries (NSE:LXCHEM) Before It's Too Late

Upgrade: Analysts Just Made A Notable Increase To Their Laxmi Organic Industries Limited (NSE:LXCHEM) Forecasts

Feb 06
Upgrade: Analysts Just Made A Notable Increase To Their Laxmi Organic Industries Limited (NSE:LXCHEM) Forecasts

Laxmi Organic Industries Limited Just Recorded A 13% Revenue Beat: Here's What Analysts Think

Feb 05
Laxmi Organic Industries Limited Just Recorded A 13% Revenue Beat: Here's What Analysts Think

Risks To Shareholder Returns Are Elevated At These Prices For Laxmi Organic Industries Limited (NSE:LXCHEM)

Feb 04
Risks To Shareholder Returns Are Elevated At These Prices For Laxmi Organic Industries Limited (NSE:LXCHEM)

Shareholder Returns

LXCHEMIN ChemicalsIN Market
7D3.3%0.9%1.8%
1Y6.2%20.7%48.6%

Return vs Industry: LXCHEM underperformed the Indian Chemicals industry which returned 20.6% over the past year.

Return vs Market: LXCHEM underperformed the Indian Market which returned 47.3% over the past year.

Price Volatility

Is LXCHEM's price volatile compared to industry and market?
LXCHEM volatility
LXCHEM Average Weekly Movement4.2%
Chemicals Industry Average Movement6.0%
Market Average Movement6.6%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.0%

Stable Share Price: LXCHEM's share price has been volatile over the past 3 months.

Volatility Over Time: LXCHEM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989874Rajan Venkateshhttps://www.laxmi.com

Laxmi Organic Industries Limited, a specialty chemical manufacturer, provides acetyl and specialty intermediates in India and internationally. The company’s acetyl intermediates include ethyl acetate, acetaldehyde, fuel-grade ethanol, and other proprietary solvents; and specialty intermediates comprise ketene and diketene derivatives, such as esters, acetic anhydride, amides, arylides, and other chemicals. Its products are used in pharmaceuticals, agrochemicals, dyes and pigments, inks and paints, coatings, printing, packaging, flavour and fragrance, adhesives, electronics, automotive, and other industrial applications.

Laxmi Organic Industries Limited Fundamentals Summary

How do Laxmi Organic Industries's earnings and revenue compare to its market cap?
LXCHEM fundamental statistics
Market cap₹64.73b
Earnings (TTM)₹1.01b
Revenue (TTM)₹28.09b

64.4x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LXCHEM income statement (TTM)
Revenue₹28.09b
Cost of Revenue₹19.16b
Gross Profit₹8.93b
Other Expenses₹7.92b
Earnings₹1.01b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.65
Gross Margin31.78%
Net Profit Margin3.58%
Debt/Equity Ratio11.5%

How did LXCHEM perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

11%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.