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Laxmi Organic Industries Ltd (LXCHEM) Share Price & Fundamentals

Company Overview

Founded Year

1989

Listed Year

2021

Headquarter

Mumbai, Maharashtra, India

MD/CEO

Dr. Rajan Venkatesh

Website

https://www.laxmi.com

Company Facts

What we do

Laxmi Organic Industries Ltd manufactures acetyl and specialty intermediates, serving industries like pharma, agrochemicals, coatings, and packaging with global exports.

Founded in

1,989

Market share

#1 in diketene derivatives in India (~55%), ~30% share in Indian ethyl acetate market, #1 exporter of ethyl acetate from India.

Problem solved

Provides high-quality specialty and acetyl chemicals critical for pharmaceutical, agrochemical, and industrial applications with reliable supply and innovation.

Top clients or who we serve

Pharma, agrochemical, coatings, inks, adhesives industries; marquee clients include Dr. Reddy's, Syngenta, Covestro, Alembic; B2B focus.

Key management

Dr. Rajan Venkatesh (MD & CEO, PhD Polymer Chemistry), Ravi Goenka (Executive Chairman, B. Chemical Engineering from Bangalore University).

Our journey and innovations

Founded 1989; expanded from acetaldehyde to ethyl acetate, acquired Clariant's diketene business, entered specialty fluorochemicals, launched Global Innovation Centre in 2025.

Where we operate

Operations mainly in India; exports to 30+ countries including Netherlands, China, UAE, USA, Russia, Singapore; offices in Netherlands, China, UAE.

Top products or what we offer

Ethyl acetate, acetaldehyde, acetic acid, diketene derivatives, acetylation intermediates, specialty fluorochemicals; fuel-grade ethanol; expanded through acquisitions.

Top brands

-

Raw materials needed

Acetic acid, ethanol and other proprietary raw materials for specialty chemical manufacture.

Raw materials supplier

-

Recurring vs cyclical contribution

Revenue mix includes both recurring large-volume chemical sales and cyclical specialty orders driven by industry demand.

Our industry position

Market leader domestically in diketene derivatives and ethyl acetate; top exporter in India; growing global presence with innovative products.

Financial highlights

FY25 revenue ₹29,446 Mn, EBITDA ₹3,077 Mn; net profit ₹1,180 Mn; 4.3% revenue growth; robust operational and financial scale.

Geographical revenue split

FY25 Revenue mix roughly 62.5% India (₹18,511 Mn) and 37.5% international (₹11,343 Mn).

Order book

-

Whats driving growth

Strategic acquisitions, product portfolio diversification, innovation in specialty fluorochemicals, expanding global footprint, operational efficiencies.

Our future plans

Complete Dahej expansion, strengthen specialty fluorochemicals, scale Global Innovation Centre, augment production capacities, and deepen customer partnerships.

Our green promise

Uses 25% green power, ISCC PLUS sustainability certifications, mobile health and water community initiatives, and eco-friendly manufacturing practices.

Our people and values

65+ R&D scientists, strong leadership, focus on integrity, innovation, customer centricity, sustainability, comprehensive employee training and engagement.

Key challenges ahead

Market price fluctuations in raw materials, regulatory compliance for specialty chemicals, competition from global players, ensuring cost and operational efficiencies.

Interesting facts

Largest ethyl acetate exporter from India since 2012, recognized for sustainability with ISCC PLUS certification, operating 4 global sites with 50+ products.

Risks and strategy

Risk management via robust internal controls, diversification into specialty segments, growth through innovation and global expansion.

Market Footprint

Top Clients

Top Clients

Pharma, agrochemical, coatings, inks, adhesives industries; marquee clients include Dr. Reddy's, Syngenta, Covestro, Alembic; B2B focus.

Top Products

Top Products

Ethyl acetate, acetaldehyde, acetic acid, diketene derivatives, acetylation intermediates, specialty fluorochemicals; fuel-grade ethanol; expanded through acquisitions.

Price Movement & Share Holding

Today's High/Low

154.51163.29

52 Week High/Low

107.6205.13
Past Returns

1 week

-3.83%

1 month

-12.76%

3 month

-21.01%

1 year

-21.96%

3 year

-39%

5 year

-65.45%

Share Holding

Promoters

69.16%

FII

0.93%

DII

3.06%

Retail

24.82%

Others

2.02%

Company Overview

Founded Year

1989

Listed Year

2021

Headquarter

Mumbai, Maharashtra, India

MD/CEO

Dr. Rajan Venkatesh (MD & CEO

Website

https://www.laxmi.com

Price Movement & Share Holding

Today's High/Low

154.51163.29

52 Week High/Low

107.6205.13

Past Returns

1 week

-3.83%

1 month

-12.76%

3 month

-21.01%

1 year

-21.96%

3 year

-39%

5 year

-65.45%

Share Holding

Promoters

69.16%

FII

0.93%

DII

3.06%

Retail

24.82%

Others

2.02%

Company Facts

What we do

Laxmi Organic Industries Ltd manufactures acetyl and specialty intermediates, serving industries like pharma, agrochemicals, coatings, and packaging with global exports.

Founded in

1989

Market share

#1 in diketene derivatives in India (~55%), ~30% share in Indian ethyl acetate market, #1 exporter of ethyl acetate from India.

Problem solved

Provides high-quality specialty and acetyl chemicals critical for pharmaceutical, agrochemical, and industrial applications with reliable supply and innovation.

Top clients or who we serve

Pharma, agrochemical, coatings, inks, adhesives industries; marquee clients include Dr. Reddy's, Syngenta, Covestro, Alembic; B2B focus.

Key management

Dr. Rajan Venkatesh (MD & CEO, PhD Polymer Chemistry), Ravi Goenka (Executive Chairman, B. Chemical Engineering from Bangalore University).

Our journey and innovations

Founded 1989; expanded from acetaldehyde to ethyl acetate, acquired Clariant's diketene business, entered specialty fluorochemicals, launched Global Innovation Centre in 2025.

Where we operate

Operations mainly in India; exports to 30+ countries including Netherlands, China, UAE, USA, Russia, Singapore; offices in Netherlands, China, UAE.

Top products or what we offer

Ethyl acetate, acetaldehyde, acetic acid, diketene derivatives, acetylation intermediates, specialty fluorochemicals; fuel-grade ethanol; expanded through acquisitions.

Raw materials needed

Acetic acid, ethanol and other proprietary raw materials for specialty chemical manufacture.

Recurring vs cyclical contribution

Revenue mix includes both recurring large-volume chemical sales and cyclical specialty orders driven by industry demand.

Our industry position

Market leader domestically in diketene derivatives and ethyl acetate; top exporter in India; growing global presence with innovative products.

Financial highlights

FY25 revenue ₹29,446 Mn, EBITDA ₹3,077 Mn; net profit ₹1,180 Mn; 4.3% revenue growth; robust operational and financial scale.

Geographical revenue split

FY25 Revenue mix roughly 62.5% India (₹18,511 Mn) and 37.5% international (₹11,343 Mn).

Whats driving growth

Strategic acquisitions, product portfolio diversification, innovation in specialty fluorochemicals, expanding global footprint, operational efficiencies.

Our future plans

Complete Dahej expansion, strengthen specialty fluorochemicals, scale Global Innovation Centre, augment production capacities, and deepen customer partnerships.

Our green promise

Uses 25% green power, ISCC PLUS sustainability certifications, mobile health and water community initiatives, and eco-friendly manufacturing practices.

Our people and values

65+ R&D scientists, strong leadership, focus on integrity, innovation, customer centricity, sustainability, comprehensive employee training and engagement.

Key challenges ahead

Market price fluctuations in raw materials, regulatory compliance for specialty chemicals, competition from global players, ensuring cost and operational efficiencies.

Interesting facts

Largest ethyl acetate exporter from India since 2012, recognized for sustainability with ISCC PLUS certification, operating 4 global sites with 50+ products.

Risks and strategy

Risk management via robust internal controls, diversification into specialty segments, growth through innovation and global expansion.

Market Footprint

Top Clients

Top Clients

Pharma, agrochemical, coatings, inks, adhesives industries; marquee clients include Dr. Reddy's, Syngenta, Covestro, Alembic; B2B focus.

Top Products

Top Products

Ethyl acetate, acetaldehyde, acetic acid, diketene derivatives, acetylation intermediates, specialty fluorochemicals; fuel-grade ethanol; expanded through acquisitions.

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