LXCHEM

Laxmi Organic Industries Share PriceLaxmi Organic Industries

₹277.7
-0.95 (-0.34%)
As on 12 December, 2023 | 01:33 BSE: 543277 NSE: LXCHEMISIN: INE576O01020

Laxmi Organic Industries Performance

Day Range

  • Low 277.25
  • High 282.00
₹ 277.7

52 Week Range

  • Low 220.50
  • High 320.95
₹ 277.7
  • Open Price280.05
  • Previous Close278.65
  • Volume558517

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Laxmi Organic Industries Share Price

  • Over 1 Month 1.8%
  • Over 3 Month -10.99%
  • Over 6 Month 4.07%
  • Over 1 Year -8.55%

Laxmi Organic Industries Key Statistics

P/E Ratio 76
PEG Ratio -1.4
Market Cap Cr 7,642
Price to Book Ratio 5.4
EPS 4.9
Dividend 0.2
Relative Strength Index 53.22
Money Flow Index 72.17
MACD Signal 0.98
Average True Range 7.95

Laxmi Organic Industries Investment Rating

  • Master Rating:
  • Laxmi Organic Industries has an operating revenue of Rs. 2,773.68 Cr. on a trailing 12-month basis. An annual revenue de-growth of -9% needs improvement, Pre-tax margin of 6% is okay, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 9%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its key moving averages, around 1% and 4% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 65 which is a FAIR score but needs to improve its earnings, a RS Rating of 19 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 70 indicates it belongs to a poor industry group of Chemicals-Basic and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Laxmi Organic Industries Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 636698712636597804906
Operating Expenses Qtr Cr 588622644577573714849
Operating Profit Qtr Cr 48766759239057
Depreciation Qtr Cr 22212218171212
Interest Qtr Cr 4775424
Tax Qtr Cr 11171881204
Net Profit Qtr Cr 2338263496141
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,7203,017
Operating Expenses Annual Cr 2,4472,677
Operating Profit Annual in Cr 246319
Depreciation Cr 7045
Interest Annual Cr 1814
Tax Annual Cr 4951
Net Profit Annual Cr 135231
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 16159
Cash from Investing Activity Annual Cr -36237
Cash from Financing Annual Activity Cr 241-80
Net Cash Flow Annual Cr 4016
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,4201,286
Fixed Assets Annual Cr 782504
Total Non Current Assets Annual Cr 1,198782
Total Current Assets Annual Cr 1,1311,348
Total Assets Annual Cr 2,3292,130
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 5449
ROE Annual % 918
ROCE Annual % 1323
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1011
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 652734733655652757880
Operating Expenses Qtr Cr 613656672600624655807
Operating Profit Qtr Cr 397761552910273
Depreciation Qtr Cr 28212319171414
Interest Qtr Cr 25-16425
Tax Qtr Cr 717186122-1
Net Profit Qtr Cr 1138242796557
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,8093,099
Operating Expenses Annual Cr 2,5522,716
Operating Profit Annual in Cr 245368
Depreciation Cr 7249
Interest Annual Cr 1115
Tax Annual Cr 4861
Net Profit Annual Cr 125256
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 19946
Cash from Investing Activity Annual Cr -38474
Cash from Financing Annual Activity Cr 232-124
Net Cash Flow Annual Cr 47-5
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,4121,301
Fixed Assets Annual Cr 1,162765
Total Non Current Assets Annual Cr 1,195795
Total Current Assets Annual Cr 1,2171,473
Total Assets Annual Cr 2,4122,268
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 5349
ROE Annual % 920
ROCE Annual % 1225
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 912

Laxmi Organic Industries Technicals

EMA & SMA

Current Price
₹277.7
-0.95 (-0.34%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹275.02
  • 50 Day
  • ₹274.34
  • 100 Day
  • ₹273.84
  • 200 Day
  • ₹277.37
  • 20 Day
  • ₹274.40
  • 50 Day
  • ₹273.25
  • 100 Day
  • ₹274.86
  • 200 Day
  • ₹267.48

Laxmi Organic Industries Resistance and Support

PIVOT
₹278.99
Resistance
First Resistance 280.72
Second Resistance 283.73
Third Resistance 285.47
RSI 53.22
MFI 72.17
MACD Single Line 0.98
MACD 2.08
Support
First Resistance 275.97
Second Resistance 274.23
Third Resistance 271.22

Laxmi Organic Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 670,612 33,658,016 50.19
Week 1,315,758 57,630,192 43.8
1 Month 846,336 36,324,730 42.92
6 Month 1,258,301 39,787,468 31.62

Laxmi Organic Industries Result Highlights

Laxmi Organic Industries Synopsis

NSE-Chemicals-Basic

Laxmi Organic Indust is involved in the business activities of Manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. Company’s Total Operating Revenue is Rs. 2693.41 Cr. and Equity Capital is Rs. 53.04 Cr. for the Year ended 31/03/2023. Laxmi Organic Industries Ltd. is a Public Limited Listed company incorporated on 15/05/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24200MH1989PLC051736 and registration number is 051736.
Market Cap 7,641
Sales 2,682
Shares in Float 7.71
No of funds 48
Yield 0.18
Book Value 5.18
U/D Vol ratio 1.9
LTDebt / Equity 9
Alpha -0.11
Beta 1.5

Laxmi Organic Industries

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 72.39%72.39%72.5%72.51%
Mutual Funds 1.41%1.4%1.52%1.42%
Foreign Portfolio Investors 0.48%0.48%0.47%0.45%
Individual Investors 22.01%21.89%21.38%21.45%
Others 3.71%3.84%4.13%4.17%

Laxmi Organic Industries Management

Name Designation
Mr. Ravi Goenka Executive Chairman
Mr. Rajan Venkatesh Managing Director & CEO
Mr. Harshvardhan Goenka Executive Director
Dr. Rajeev Vaidya Independent Director
Dr. Rajiv Banavali Independent Director
Mr. O V Bundellu Independent Director
Mr. Manish Chokhani Independent Director
Ms. Sangeeta Singh Independent Director
Mr. Rajeev Goenka Non Executive Director

Laxmi Organic Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Laxmi Organic Industries Corporate Action

Date Purpose Remarks
2023-10-26 Quarterly Results
2023-07-28 Quarterly Results
2023-05-12 Audited Results & Final Dividend
2023-04-20 Preferential issue of shares
2023-01-24 Quarterly Results
Date Purpose Remarks
2023-07-21 FINAL Rs.0.50 per share(25%)Final Dividend
2022-07-19 FINAL Rs.0.70 per share(35%)Final Dividend
2021-07-15 FINAL Rs.0.50 per share(25%)Final Dividend

Laxmi Organic Industries MF Shareholding

Name Amount(cr)
Kotak Small Cap Growth 12,163
ICICI Prudential Multicap Fund Growth 8,761
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Growth 3,271
ICICI Prudential Innovation Fund Regular Growth 2,383
ICICI Prudential Commodities Fund Regular Growth 1,467

Laxmi Organic Industries FAQs

What is Share Price of Laxmi Organic Industries ?

Laxmi Organic Industries share price is ₹277 As on 12 December, 2023 | 01:19

What is the Market Cap of Laxmi Organic Industries ?

The Market Cap of Laxmi Organic Industries is ₹7642.4 Cr As on 12 December, 2023 | 01:19

What is the P/E ratio of Laxmi Organic Industries ?

The P/E ratio of Laxmi Organic Industries is 76 As on 12 December, 2023 | 01:19

What is the PB ratio of Laxmi Organic Industries ?

The PB ratio of Laxmi Organic Industries is 5.4 As on 12 December, 2023 | 01:19

Q2FY23