LXCHEM

Laxmi Organic Industries Limited

NSE
Last Traded Price
₹171.85 4.38 (2.62%)
Open
₹168.95
High
₹172.8
Low
₹167.95
Prev Close
₹167.47
Industry
Specialty Chemicals
Market Cap
4775.96 Cr

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Filing History

Recent corporate announcements and filings for LXCHEM

Governance Negative
2026-08-18 17:20
CRITICAL RED FLAG DETECTED
- Dr. Keshav Ruthia resigned as Chief Procurement Officer, effective October 31, 2026. - Mr. Salil Mukundan resigned as Chief Technology Officer, effective October 31, 2026. - Both are pursuing opportunities outside the company; Mr. Mukundan also cited health reasons. - The company stated it does not presently envisage like-for-like replacements for these roles.
Routine Neutral
2026-08-13 12:45
- Allotment of 703,126 equity shares of ₹2/- each to eligible employees under ESOP-2020. The company's share capital increased from ₹55,44,23,134/- to ₹55,58,29,386/- post-allotment.
Governance Positive
2026-08-05 16:38
- The 37th Annual General Meeting (AGM) of Laxmi Organic Industries Ltd was held on August 5, 2026, via Video Conferencing/OAVM. - Key resolutions included adoption of financial statements for FY ended March 31, 2026, declaration of a final dividend, and re-appointment of directors. - All resolutions were duly passed.
Business Update Positive
2026-08-04 12:24
- Reported strong Q1 FY27 performance with consolidated revenue up 40% YoY and EBITDA up 272% YoY, driven by volume growth (approx. 10%) and higher price realization. - Dahej project Phase 2 mechanical completion anticipated in Q2/Q3, with customer qualification in Q3 and ramp-up into FY28. FY27 total capex (including Dahej) estimated at INR125-150 crores. - Term debt has peaked at ~INR6,100 million, with net debt equity around 0.3x. Debt repayment expected to start next year for 5 years. - Incremental quarterly depreciation of INR7-7.5 crores expected from Q2 FY27 due to Dahej Phase 2 capitalization. - Essentials business EBITDA expected to be in mid-single-digit range over the cycle, while Specialty margins are targeted at 20-25% over a 2-3 year period. - Project Vaayu (electrochemical fluorination) mechanical completion in early Q3, with revenue contributions expected from FY28.
Business Update Neutral
2026-07-30 18:07
- Recording of the Analyst / Institutional Investors' meeting for the quarter ended June 30, 2026, is now available for download via the provided link. - The meet was held on July 30, 2026, to discuss the company's performance.
Financials Positive
2026-07-29 20:56
- Consolidated Revenue ₹968.34Cr vs ₹692.93Cr (▲39.74% YoY) - EBITDA ₹114.33Cr vs ₹30.75Cr (▲271.76% YoY) - PAT ₹67.72Cr vs ₹21.39Cr (▲216.56% YoY) - EBITDA Margin 11.81% vs 4.44% (▲737bps)

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