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Laxmi Organic Inds. share price

Laxmi Organic Industries Ltd.

NSE: LXCHEM BSE: 543277 SECTOR: Chemicals  257k   1k   414

242.70
-6.90 (-2.76%)
NSE: 20 Dec 4:00 PM

Price Summary

Today's High

₹ 252.4

Today's Low

₹ 241.05

52 Week High

₹ 325.5

52 Week Low

₹ 220

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

6723.37 Cr.

Enterprise Value

6571.62 Cr.

No. of Shares

27.7 Cr.

P/E

36.95

P/B

3.5

Face Value

₹ 2

Div. Yield

0.25 %

Book Value (TTM)

₹  69.25

CASH

287.49 Cr.

DEBT

135.74 Cr.

Promoter Holding

69.5 %

EPS (TTM)

₹  6.57

Sales Growth

4.98%

ROE

9.71 %

ROCE

12.39%

Profit Growth

15.52 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year4.98%
3 Year20.7%
5 Year14.6%

Profit Growth

1 Year15.52%
3 Year8.3%
5 Year14.88%

ROE%

1 Year9.71%
3 Year13.59%
5 Year14.97%

ROCE %

1 Year12.39%
3 Year16.74%
5 Year17.65%

Debt/Equity

0.075

Price to Cash Flow

12.89

Interest Cover Ratio

10.4621

CFO/PAT (5 Yr. Avg.)

1.35156330136205

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 69.50 0.00
Jun 2024 69.55 0.00
Mar 2024 69.72 0.00
Dec 2023 69.83 0.00
Sep 2023 72.39 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 20.7035662129953% for the Past 3 years.
  • The company has significantly decreased its debt by 231.453 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 10.4621.
  • The company has an efficient Cash Conversion Cycle of -11.581 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.35156330136205.
  • The company has a high promoter holding of 69.5%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.00996548242671.

 Limitations

  • The company has shown a poor profit growth of 8.29552325105365% for the Past 3 years.
  • Company has contingent liabilities of 729.581 Cr.
  • The company is trading at a high PE of 36.95.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 636.44 685.81 811.21 717.45 744.18
Total Expenditure 588.29 627.97 720.06 635.5 667.76
Operating Profit 48.15 57.84 91.15 81.96 76.42
Other Income 12.32 12.61 14.83 12.15 10.58
Interest 4.08 5.57 3.56 3.07 3.08
Depreciation 22.3 22.24 23.65 20.75 22.27
Exceptional Items 0 0 0 0 0
Profit Before Tax 34.09 42.65 78.77 70.28 61.65
Tax 10.63 3.48 23.68 23.97 20.27
Profit After Tax 23.46 39.17 55.09 46.31 41.39
Adjusted EPS (Rs) 0.88 1.42 2 1.68 1.5

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1358.69 1606.11 2877.29 2690.6 2824.48
Total Expenditure 1238.62 1401.46 2540.72 2444.04 2551.61
Operating Profit 120.08 204.65 336.57 246.56 272.87
Other Income 7.58 9.48 21.07 28.93 48.63
Interest 15.31 17.54 17.22 21.62 22.25
Depreciation 47.63 45.26 46.83 70.46 88.69
Exceptional Items 25.66 0 0 0 0
Profit Before Tax 90.38 151.33 293.6 183.42 210.56
Tax 11.76 28.77 53.98 48.68 54.91
Net Profit 78.62 122.55 239.61 134.74 155.65
Adjusted EPS (Rs.) 3.49 4.65 9.09 5.08 5.64

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 45.02 52.73 52.73 53.04 55.16
Total Reserves 395.9 991.77 1229.7 1366.75 1781.4
Borrowings 90.15 9.87 2.17 130.34 97.22
Other N/C liabilities 19.1 20.17 22.98 37.53 43.73
Current liabilities 474.08 660.49 858.84 741.11 862.81
Total Liabilities 1024.25 1735.02 2166.42 2328.77 2840.32
Assets
Net Block 326.85 315.41 360.66 694.23 698.86
Capital WIP 22.93 59.88 177.1 87.86 147
Intangible WIP 0 0 0 0 0
Investments 4.65 23.15 10.89 267.43 320.51
Loans & Advances 16.21 114.71 223.78 143.28 214.43
Other N/C Assets 2.7 1.11 6.71 11.4 6.23
Current Assets 650.92 1220.76 1387.29 1124.56 1453.3
Total Assets 1024.25 1735.02 2166.42 2328.77 2840.32
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 64.72 151.33 293.6 183.42 210.56
Adjustment 55.96 56.68 70.67 80.83 90.36
Changes in Assets & Liabilities 29.41 -71.45 -251.62 -61.57 259.2
Tax Paid -15.53 -26.27 -52.04 -41.37 -38.64
Operating Cash Flow 134.56 110.28 60.61 161.31 521.47
Investing Cash Flow -2.61 -604.45 43.86 -362.41 -498.36
Financing Cash Flow -115.27 484.99 -87.48 240.69 -9.34
Net Cash Flow 16.68 -9.18 16.99 39.59 13.77

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 72.39 69.83 69.72 69.55 69.50
brady investments pvt ltd... - - - - 1.70
manisha ravi goenka - - - - 3.21
rajeev vasudeo goenka - - - - 0.04
ravi vasudeo goenka - - - - 0.65
yellowstone trust - - - 63.92 63.89
brady investments pvt ltd... 1.77 1.71 - 1.70 -
manisha ravi goenka 3.34 3.23 3.22 3.21 -
prashant sarawgi huf 0.02 0.02 0.02 0.02 -
rajeev vasudeo goenka 0.04 0.04 0.04 0.04 -
ravi vasudeo goenka 0.68 0.66 0.66 0.65 -
brady investments private... - - 1.70 - -
yellowstone trust - 64.18 64.07 - -
yellow stone trust 66.54 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 27.61 30.17 30.28 30.45 30.50
icici prudential multicap... - 1.74 1.56 1.59 1.08
nishant kailash agarwal 1.47 1.42 1.42 1.41 1.14
quant mutual fund - quant... - - - - 1.16
malabar india fund limite... 1.14 1.10 1.10 1.03 -
kotak small cap fund 1.36 1.31 1.31 - -
llp 0.05 0.05 0.06 - -

Ratings & Research Reports

Company Presentations

Company News

Laxmi Organic Industries informs about investor meet 7 Dec, 3:12 PM Laxmi Organic Inds. - Quaterly Results 29 Oct, 9:05 PM Laxmi Organic Inds. - Quaterly Results 29 Oct, 9:05 PM Laxmi Organic Inds. - Quaterly Results 26 Jul, 8:24 PM Laxmi Organic Inds. - Quaterly Results 26 Jul, 8:24 PM Laxmi Organic Industries informs about analyst meet 21 Jun, 3:14 PM Laxmi Organic Industries informs about investor conference 6 Jun, 9:03 AM Laxmi Organic Industries informs about conference call 23 May, 5:29 PM Laxmi Organic Industries informs about investor presentation 23 May, 5:09 PM Laxmi Organic Inds. - Quaterly Results 21 May, 6:23 PM Laxmi Organic Inds. - Quaterly Results 21 May, 6:23 PM Laxmi Organic Industries informs about press release 1 Apr, 5:13 PM Laxmi Organic Industries informs about outcome of board meeting 25 Jan, 2:37 PM Laxmi Organic Inds. - Quaterly Results 24 Jan, 7:44 PM Laxmi Organic Inds. - Quaterly Results 24 Jan, 7:44 PM Laxmi Organic Inds. - Quaterly Results 24 Jan, 7:44 PM Laxmi Organic Industries informs about board meeting 16 Jan, 4:42 PM Laxmi Organic Industries informs about disclosure 27 Oct, 3:30 PM Laxmi Organic Industries informs about presentation for analyst 27 Oct, 9:22 AM Laxmi Organic Inds. - Quaterly Results 26 Oct, 8:21 PM Laxmi Organic Inds. - Quaterly Results 26 Oct, 8:21 PM Laxmi Organic Industries raises Rs 259.12 crore 11 Oct, 11:53 AM Laxmi Organic Industries informs about corporate presentation 4 Oct, 11:56 AM Laxmi Organic Industries informs about outcome of AGM 4 Aug, 2:25 PM Laxmi Organic Industries informs about press release 31 Jul, 2:48 PM Laxmi Organic Industries informs about outcome of board meeting 31 Jul, 12:19 PM Laxmi Organic Industries gets nod to set up new manufacturing site in Gujarat 31 Jul, 12:00 PM Laxmi Organic Inds. - Quaterly Results 28 Jul, 3:37 PM Laxmi Organic Inds. - Quaterly Results 28 Jul, 3:37 PM Laxmi Organic Inds. - Quaterly Results 28 Jul, 3:37 PM Laxmi Organic Industries submits board meeting intimation 20 Jul, 12:51 PM Laxmi Organic Inds. - Quaterly Results 12 May, 9:14 PM Laxmi Organic Inds. - Quaterly Results 12 May, 9:14 PM Laxmi Organic Industries informs about corrigendum regarding investor meet 11 May, 11:52 AM Laxmi Organic Industries informs about notice of postal ballot 4 May, 5:01 PM Laxmi Organic Industries informs about closure of trading window 24 Mar, 4:42 PM Laxmi Organic Industries informs about newspaper advertisement 27 Jan, 5:06 PM Laxmi Organic Industries informs about investor conference 27 Jan, 5:02 PM Laxmi Organic Industries informs about investor presentation 25 Jan, 4:28 PM Laxmi Organic Industries informs about monitoring agency report 25 Jan, 2:58 PM Laxmi Organic Industries informs about statement of deviation and variation 25 Jan, 2:55 PM Laxmi Organic Inds. - Quaterly Results 24 Jan, 8:49 PM Laxmi Organic Inds. - Quaterly Results 24 Jan, 8:49 PM Laxmi Organic Industries informs about analyst meet 23 Jan, 1:16 PM Laxmi Organic Industries informs about analyst meeting 20 Jan, 12:00 PM Laxmi Organic Industries informs about board meeting 17 Jan, 5:10 PM Laxmi Organic Industries informs about dissolving of subsidiary company 4 Jan, 4:35 PM Laxmi Organic Industries informs about closure of trading window 2 Jan, 11:27 AM Laxmi Organic Industries informs about analyst meet 6 Dec, 4:48 PM Laxmi Organic Industries informs about analyst meet 30 Nov, 10:57 AM

Laxmi Organic Inds. Stock Price Analysis and Quick Research Report. Is Laxmi Organic Inds. an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Laxmi Organic Inds. stock price today is Rs 242.7. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Laxmi Organic Inds. . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Laxmi Organic Inds. has a PE ratio of 36.9502002040102 which is high and comparatively overvalued .

  • Share Price: - The current share price of Laxmi Organic Inds. is Rs 242.7. One can use valuation calculators of ticker to know if Laxmi Organic Inds. share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Laxmi Organic Inds. has ROA of 6.0224 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Laxmi Organic Inds. has a Current ratio of 1.6844 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Laxmi Organic Inds. has a ROE of 9.713 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Laxmi Organic Inds. has a Debt to Equity ratio of 0.075 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Laxmi Organic Inds. has reported revenue growth of 4.9758 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Laxmi Organic Inds. for the current financial year is 9.66093899861814 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Laxmi Organic Inds. is Rs 0.6 and the yield is 0.2471 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Laxmi Organic Inds. is Rs 6.5683 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Laxmi Organic Inds. in Ticker for free. Also, one can get the intrinsic value of Laxmi Organic Inds. by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Laxmi Organic Inds.
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