Company Laxmi Organic Industries Limited

Equities

LXCHEM

INE576O01020

Specialty Chemicals

Market Closed - NSE India S.E. 05:13:54 12/06/2024 pm IST 5-day change 1st Jan Change
253.7 INR +1.57% Intraday chart for Laxmi Organic Industries Limited +12.00% -12.61%

Business Summary

Laxmi Organic Industries Limited is an India-based company, which is engaged in the business of specialty chemicals. The Company manufactures ethyl acetate, acetic acid and diketene derivative products (DDP). Its business segments include Acetyl Intermediates and Speciality Intermediates. The Acetyl Intermediates segment produces a range of acetyl products, including Bulk Solvents and Aldehydes. The Company manufactures a range of Acetyl products, including bulk solvents and aldehydes. Its acetyl products have applications in diverse industries, such as pharmaceutical formulations, printing inks, adhesives, coatings. It is also a manufacturer of Speciality Intermediates, such as Ketene & Diketene derivatives, including Esters, Amides and Arylides. Its Speciality Intermediates has applications in pharmaceuticals, synthesis and manufacturing of agrochemicals, pigments, and others. It also offers custom synthesis of Diketene Derivative Chemicals and Crop and Life Science Intermediates.

Number of employees: 874

Sales per Business

INR in Million2022Weight2023Weight Delta
Chemicals
99.2 %
30,418 98.6 % 27,745 99.2 % -8.79%
Jobwork and Other Services
0.5 %
115 0.4 % 128 0.5 % +11.61%
Scrap
0.2 %
22 0.1 % 55 0.2 % +146.13%
Export Incentives
0.1 %
15 0.0 % 33 0.1 % +117.18%
Insurance
0.0 %
8 0.0 % 5 0.0 % -31.76%
Others
0.0 %
237 0.8 % 0 0.0 % -99.91%

Sales per region

INR in Million2022Weight2023Weight Delta
India
53.8 %
19,939 64.7 % 15,004 53.8 % -24.75%
International
46.2 %
10,858 35.3 % 12,868 46.2 % +18.52%

Managers

Managers TitleAgeSince
Chief Executive Officer - 03/23/03
Chairman 62 15/89/15
Director of Finance/CFO - 01/23/01
Chief Tech/Sci/R&D Officer 56 09/13/09
Compliance Officer 42 03/12/03
Director/Board Member 35 15/11/15
Corporate Officer/Principal 46 30/20/30
Corporate Officer/Principal 55 01/18/01
Human Resources Officer 47 15/18/15

Members of the board

Members of the board TitleAgeSince
Director/Board Member 56 30/12/30
Director/Board Member 74 21/11/21
Director/Board Member 56 12/94/12
Director/Board Member 66 25/20/25
Director/Board Member 64 04/17/04
Chairman 62 15/89/15
Director/Board Member 35 15/11/15
Director/Board Member 66 18/21/18
Chief Executive Officer - 03/23/03

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 276,450,262 80,276,259 ( 29.04 %) 0 29.04 %

Shareholders

NameEquities%Valuation
178,514,163 64.57 % 511 M ₹
8,882,646 3.213 % 25 M ₹
Brady Investments Pvt Ltd.
1.700 %
4,700,000 1.700 % 13 M ₹
3,911,197 1.415 % 11 M ₹
Malabar Investments LLC
1.321 %
3,652,142 1.321 % 10 M ₹
Kotak Mahindra Asset Management Co. Ltd.
1.305 %
3,606,796 1.305 % 10 M ₹
109,437 0.0396 % 313 544 ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
0.0250 %
69,008 0.0250 % 197 712 ₹
Motilal Oswal Asset Management Co. Ltd.
0.0151 %
41,636 0.0151 % 119 290 ₹
SBI Funds Management Ltd.
0.0141 %
38,865 0.0141 % 111 351 ₹

Company contact information

Laxmi Organic Industries Ltd.

Chandermukhi Building Nariman Point

400021, Mumbai

+91 22 4910 4400

http://www.laxmi.com
address Laxmi Organic Industries Limited(LXCHEM)

Group companies

NameCategory and Sector
Laxmi Organic Industries (Europe) BV
Chemicals: Major Diversified
Yellowstone Fine Chemicals Pvt Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
4
Last Close Price
253.7 INR
Average target price
242.2 INR
Spread / Average Target
-4.51%
Consensus
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