Laxmi Organic Industries Past Earnings Performance
Past criteria checks 2/6
Laxmi Organic Industries has been growing earnings at an average annual rate of 3.9%, while the Chemicals industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 13.7% per year. Laxmi Organic Industries's return on equity is 6.9%, and it has net margins of 3.6%.
Key information
3.9%
Earnings growth rate
1.9%
EPS growth rate
| Chemicals Industry Growth | 17.7% |
| Revenue growth rate | 13.7% |
| Return on equity | 6.9% |
| Net Margin | 3.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Earnings Tell The Story For Laxmi Organic Industries Limited (NSE:LXCHEM)
Mar 26
Does This Valuation Of Laxmi Organic Industries Limited (NSE:LXCHEM) Imply Investors Are Overpaying?
Mar 01Analysts Are Updating Their Laxmi Organic Industries Limited (NSE:LXCHEM) Estimates After Its Third-Quarter Results
Jan 27Capital Allocation Trends At Laxmi Organic Industries (NSE:LXCHEM) Aren't Ideal
Aug 29Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50
Jul 14Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50
May 21Here's What's Concerning About Laxmi Organic Industries' (NSE:LXCHEM) Returns On Capital
May 17Laxmi Organic Industries (NSE:LXCHEM) Will Pay A Larger Dividend Than Last Year At ₹0.70
Jul 10Many Would Be Envious Of Laxmi Organic Industries' (NSE:LXCHEM) Excellent Returns On Capital
Jun 19Laxmi Organic Industries' (NSE:LXCHEM) Solid Profits Have Weak Fundamentals
May 12If You Like EPS Growth Then Check Out Laxmi Organic Industries (NSE:LXCHEM) Before It's Too Late
Apr 05Upgrade: Analysts Just Made A Notable Increase To Their Laxmi Organic Industries Limited (NSE:LXCHEM) Forecasts
Feb 06Laxmi Organic Industries Limited Just Recorded A 13% Revenue Beat: Here's What Analysts Think
Feb 05Risks To Shareholder Returns Are Elevated At These Prices For Laxmi Organic Industries Limited (NSE:LXCHEM)
Feb 04Revenue & Expenses BreakdownBeta
How Laxmi Organic Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 28,090 | 1,005 | 1,369 | 0 |
| 30 Sep 23 | 27,693 | 1,006 | 1,281 | 0 |
| 30 Jun 23 | 27,736 | 985 | 1,256 | 0 |
| 31 Mar 23 | 27,966 | 1,246 | 1,193 | 0 |
| 31 Dec 22 | 29,433 | 1,692 | 1,209 | 0 |
| 30 Sep 22 | 31,486 | 2,125 | 1,254 | 0 |
| 30 Jun 22 | 31,044 | 2,189 | 1,245 | 0 |
| 31 Mar 22 | 30,843 | 2,573 | 1,262 | 0 |
| 31 Dec 21 | 27,238 | 2,353 | 1,297 | 0 |
| 30 Sep 21 | 22,995 | 1,985 | 1,178 | 0 |
| 30 Jun 21 | 21,012 | 2,080 | 1,081 | 0 |
| 31 Mar 21 | 17,684 | 1,270 | 948 | 0 |
| 31 Mar 20 | 15,341 | 701 | 705 | 0 |
| 31 Mar 19 | 15,686 | 724 | 662 | 0 |
| 31 Mar 18 | 13,756 | 757 | 549 | 0 |
Quality Earnings: LXCHEM has high quality earnings.
Growing Profit Margin: LXCHEM's current net profit margins (3.6%) are lower than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LXCHEM's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: LXCHEM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LXCHEM had negative earnings growth (-40.6%) over the past year, making it difficult to compare to the Chemicals industry average (-5.3%).
Return on Equity
High ROE: LXCHEM's Return on Equity (6.9%) is considered low.