Laxmi organics share price

Laxmi Organic Industries share price opened with a 20 percent premium on March 25, thanks to the stellar IPO subscription, its strong share in Indian ethyl acetate market and only manufacturer of diketene, and its marquee customer base with long term relationship and diversified client base. The stock started off the day at Rs 155.50 on the National Stock Exchange, higher by Rs 19.62 compared to issue price of Rs 130. On the BSE, the listing price was at Rs 156.20, a gain of 20 percent. The Rs 600-crore public issue of specialty chemical manufacturer was subscribed 106.81 times during March 15-17 and comprised a fresh issue and an offer for sale of Rs 300 crore each. The net fresh issue proceeds will be utilised for its fluorospecialty chemicals facility, expansion of SI manufacturing facility, and for repaying of debt. The company is a leading manufacturer of acetyl intermediates (AI) and specialty intermediates (SI) with almost 3 decades of experience in large scale manufacturing of chemicals. To Know All IPO Related News, Click Here Laxmi Organic is currently among the largest manufacturers of ethyl acetate in India with a market share of approximately 30 percent of the Indian ethyl acetate market. Further, post completion of the Yellowstone Chemicals (YCPL) acquisition, its market share in the ethyl acetate market will be further enhanced. Laxmi Organic has global footprint with customers in over 30 countries. In 2010, Laxmi Organic commenced manufacturing the Specialt...

• The company has shown a good profit growth of 43.7657453955183% for the Past 3 years. • The company has shown a good revenue growth of 27.9372437942774% for the Past 3 years. • Company has been maintaining healthy ROCE of 20.6251956854056% over the past 3 years. • Company is virtually debt free. • Company has a healthy Interest coverage ratio of 18.0287182587666. • Company’s PEG ratio is 0.590042557913422. • The company has an efficient Cash Conversion Cycle of -4.57055506952069 days. • The company has a high promoter holding of 72.5%. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 829.29 803.67 596.65 636.01 711.84 Total Expenditure 774.13 713.99 573.44 577.44 644.5 Operating Profit 55.16 89.68 23.22 58.57 67.34 Other Income 4.55 4.86 7.42 7.78 6.08 Interest 4.58 1.96 4.03 5.46 6.92 Depreciation 12.84 12.1 16.62 18.42 22.2 Exceptional Items 0 0 0 0 0 Profit Before Tax 42.29 80.48 9.98 42.47 44.3 Tax 3.42 19.63 1.06 8.01 18.35 Profit After Tax 38.87 60.85 8.92 34.46 25.95 Adjusted EPS (Rs) 1.47 2.3 0.34 1.3 0.98 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 1272.89 1428.8 1358.69 1606.11 2992.04 Total Expenditure 1124.03 1275.42 1238.62 1401.46 2669.62 Operating Profit 148.86 153.39 120.08 204.65 322.42 Other Income 3.83 6.18 7.58 9.48 20.39 Interest 10.45 15.76 15.31 17.54 16.54 Depreciation 28.81 40.92 47.63 45.26 44.61 Exceptional Ite...

Laxmi Organic Industries Ltd.: Share Price, Stock Analysis, Annual Report | Value Research Laxmi Organic Industries Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/279222/laxmi-organic-industries-ltd/ Get Laxmi Organic Industries Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Laxmi Organic Industries Limited, a specialty chemical manufacturer, provides acetyl and specialty intermediates in India. 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. The company exports its products to approximately 43 countries. Laxmi Organic Industries Limited was incorporated in 1989 and is based in Mumbai, India. AMCs: • 360 ONE • Aditya Birla Sun Life • Axis • Bandhan • Bank of India • Baroda BNP Paribas • Canara Robeco • DSP • Edelweiss • Franklin Templeton • Groww • HDFC • HSBC • ICICI Prudential • IDBI • Invesco • ITI • JM Financial • Kotak Mahindra • LIC • Mahindra Manulife • Mirae Asset • Motilal Oswal • Navi •...

• English (USA) • English (UK) • English (Canada) • English (Australia) • English (South Africa) • English (Philippines) • English (Nigeria) • Deutsch • Español (España) • Español (México) • Français • Italiano • Nederlands • Português (Portugal) • Polski • Português (Brasil) • Русский • Türkçe • ‏العربية‏ • Ελληνικά • Svenska • Suomi • עברית • 日本語 • 한국어 • 简体中文 • 繁體中文 • Bahasa Indonesia • Bahasa Melayu • ไทย • Tiếng Việt • हिंदी • English (USA) • English (UK) • English (Canada) • English (Australia) • English (South Africa) • English (Philippines) • English (Nigeria) • Deutsch • Español (España) • Español (México) • Français • Italiano • Nederlands • Português (Portugal) • Polski • Português (Brasil) • Русский • Türkçe • ‏العربية‏ • Ελληνικά • Svenska • Suomi • עברית • 日本語 • 한국어 • 简体中文 • 繁體中文 • Bahasa Indonesia • Bahasa Melayu • ไทย • Tiếng Việt • हिंदी • Markets Laxmi Organic Co Ltd share price live 265.15, this page displays NS LAXR stock exchange data. View the LAXR premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Laxmi Organic Co Ltd real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the LAXR quote. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futur...

STOCK SUMMARY • Face Value (₹) 2.00 • Beta 1.16 • 52-Week Low (₹) 220.50 • 52-Week High (₹) 395.80 • Price-to-Book (X)* 4.99 • Dividend Yield (%) 0.19 • Price-to-Earnings (P/E) (X)* 56.56 • Earnings Per Share (₹) 4.69 • Sector Price Earning (X)* 29.10 • Market Cap (₹ Cr.)* 7,044.43 • * Vaues as of last close price The peers of Laxmi Organic Industries Ltd are SRF Ltd, Atul Ltd, Linde India Ltd, Tata Chemicals Ltd, Gujarat Fluorochemicals Ltd, Deepak Nitrite Ltd, Aether Industries Ltd, Navin Fluorine International Ltd, Pidilite Industries Ltd, Godrej Industries Ltd, Aarti Industries Ltd, Solar Industries India Ltd, Vinati Organics Ltd, Clean Science & Technology Ltd, Fine Organic Industries Ltd. Laxmi Organic Industries Ltd, incorporated in the year 1989, has its registered office in A-22/2/3 MIDC, Mahad, Raigad, Maharashtra, 402309, 91-2145-232424. The main industry in which Laxmi Organic Industries Ltd operates is Chemicals. Auditor/Auditors for Laxmi Organic Industries Ltd is/are Natvarlal Vepari & Co. In the main management, Ravi Goenka is chairman and Aniket Hirpara is the company secretary for Laxmi Organic Industries Ltd. • RG Ravi Goenka Chairman & Managing Director • SN Satej Nabar Executive Director & CEO • HG Harshvardhan Goenka Executive Director • RG Rajeev Goenka Non Executive Director • MC Manish Chokhani Independent Director • OVB O V Bundellu Independent Director • SS Sangeeta Singh Independent Director • RV Rajeev Vaidya Independent Director • AH Aniket Hi...

Description • Laxmi Organic Industries Limited is a company that manufactured chemicals and has a market capitalization of Rs 8,957.94 crore on 13th August 2021. At the end of March 2021, it registered Annual revenue of Rs 1,768.45 crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 543277 and scrip code LXCHEM. As of 13th August 2021, Laxmi Organic Industries Ltd is trading at Rs. 339.75. Laxmi Organic was incorporated on 15th May 1989. The company started manufacturing glacial acetic acid at the Raigad location in 1992, and after that, in 1996, and the company added ethyl acetate to its product portfolio. To further strengthen its product portfolio, the company has made multiple acquisitions. In 2010, It entered into Speciality Intermediate business through Clariant’s diketene business in Ethyl acetate. In addition, the company has acquired Yellowstone Chemical (Ethyl acetate manufacturing company). AN ISO 45001:2018; ISO 9001:2015; ISO 14001: 2015 certified company, got listed in the National Stock Exchange of India Limited and B.S.E. Limited. Company Got USDA certified biobased product label for ethyl acetate. With a 30% market share in the manufacturing of ethyl acetate, since 2018, the company has been the largest exporter of ethyl acetate. In Mahad, Maharashtra, the company has two manufacturing plants, one dedicated to Acetyl Intermediates (A.I.) and the other dedicated to Speciality Intermediates (S.I.). It has expanded its...