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. |