Specialty Chemicals company Laxmi Organic Industries announced Q4FY26 & FY26 results Consolidated Financial Highlights: Quarterly Performance: Revenue from Operations: Stood at Rs 7,353.10 million in Q4FY26, up 3.61% YoY from Rs 7,096.87 million in Q4FY25 and an increase of 2.31% QoQ from Rs 7,186.82 million in Q3FY26. Total Income: Reached Rs 7,380.24 million in Q4FY26, showing a YoY growth of 3.83% compared to Rs 7,107.83 million and a QoQ increase of 2.24% from Rs 7,218.32 million. Profit Before Tax: Reported at Rs 324.72 million for Q4FY26, a significant increase of 145.26% YoY from Rs 132.40 million and up 25.81% QoQ from Rs 258.10 million. Profit After Tax (Net Profit): Stood at Rs 215.51 million in Q4FY26, reflecting a slight YoY decrease of 0.96% from Rs 217.59 million and a QoQ decline of 15.17% from Rs 254.05 million. Total Comprehensive Income: For Q4FY26 was Rs 210.74 million, compared to Rs 214.75 million in Q4FY25 and Rs 255.99 million in Q3FY26. Annual Performance: Revenue from Operations: For the full year FY26, revenue was Rs 28,466.67 million, a decline of 4.65% from Rs 29,854.42 million in FY25. Total Income: Was Rs 28,619.72 million in FY26, down 4.94% from Rs 30,108.00 million in FY25. Profit Before Tax: Stood at Rs 879.71 million in FY26, representing a sharp YoY decline of 45.20% from Rs 1,605.23 million in FY25. Profit After Tax (Net Profit): Reached Rs 793.62 million in FY26, compared to Rs 1,135.04 million in FY25, a decrease of 30.08%. Earnings Per Share (EPS): Basic EPS for FY26 stood at Rs 2.87, down from Rs 4.10 in FY25. Standalone Financial Highlights: Quarterly Performance: Revenue from Operations: Reported at Rs 7,233.31 million in Q4FY26, showing an increase of 1.27% YoY and 2.33% QoQ. Total Income: Stood at Rs 7,259.41 million in Q4FY26, up 0.95% YoY and 2.24% QoQ. Profit After Tax: Was Rs 225.20 million in Q4FY26, down 20.91% YoY from Rs 284.75 million, but up 13.56% QoQ from Rs 198.31 million. Annual Performance (FY26 vs FY25): Revenue from Operations: Totaled Rs 28,085.32 million in FY26, compared to Rs 29,446.06 million in FY25. Total Income: Reached Rs 28,237.26 million in FY26, down from Rs 29,698.99 million in FY25. Profit After Tax: Stood at Rs 792.58 million in FY26, a YoY decline of 32.84% from Rs 1,180.21 million. Business Highlights: Segment Performance: Based on the "management approach" defined in Ind AS 108, the Group operates as a single business segment namely "Chemical Business". Dividend Recommendation: The Board has recommended a final dividend of Rs 0.30 per equity share of face value Rs 2 each (15% of face value) for the financial year 2025–26. Management Changes: Mr. Amit Jain has been appointed as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from June 16, 2026. He succeeds Mr. Harshvardhan Goenka, who was holding the interim charge. Change in Accounting Estimate: During the year ended March 31, 2026, the Group changed its method of depreciation from Written Down Value (WDV) to the Straight Line Method (SLM). This change led to a higher depreciation expense for FY26 by Rs 1,126.49 million, consequently impacting the profit before tax by the same amount. Taxation Update: The Company moved from the new tax regime back to the old tax regime in Q4FY26. This was due to amendments in the Union Budget 2026-27 which made Minimum Alternate Tax (MAT) credit available to be carried forward for subsequent years. Regulatory Impact (Labour Codes): The Group assessed and accounted for the estimated incremental impact of the New Labour Codes, recognizing a past service cost of Rs 38.02 million as a statutory impact towards gratuity and compensated absences. Exceptional Reversals: The Company reversed accrued liabilities of Rs 407.27 million related to arrears on wheeling and transmission charges following a favorable order from MERC, which was recorded under "Other operating income". Result PDF

• Trendlyne
• 1 month 1 week ago

Conference Call with Laxmi Organic Industries Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 5 months ago

The scrip fell 3.82 per cent to a new low of 134.33 on the National Stock Exchange (NSE)

• Business Standard
• 5 months ago