Laxmi Organic Q1 FY26: Revenue ₹693 Cr, PAT ₹21 Cr

Stock snapshot: what the market saw

Laxmi Organic Industries closed at ₹155.99, down ₹3.96 (-2.48%) on the NSE at 4:00 PM on 25 Jun. During the session, the stock traded between ₹161.65 (day’s high) and ₹155.40 (day’s low). The data also shows a market value around ₹4,324.22 crore, while another snapshot places market cap at ₹4,227 crore with a P/E of 53.1.

The company has also declared a dividend of ₹0.30 on 21 Jul, 2026. Promoter holding is shown at 69.35% in the latest annual set provided (Mar 2025), broadly steady across the period displayed.

The latest quarterly numbers in focus

The latest quarterly data set provided shows Total Revenue of ₹692.93 crore for the quarter ended Jun 2025. On a quarter-on-quarter (QoQ) basis, revenue is shown as down 2.36% versus the previous quarter figure presented in the same table. On a year-on-year (YoY) basis, it is down 3.51% compared with ₹718.17 crore.

Profitability indicators in the same table point to pressure versus the year-ago quarter. Operating Income for Jun 2025 is listed at ₹13.60 crore, while Net Income is ₹21.39 crore, down 37.73% YoY from ₹34.35 crore.

Q4 FY26 performance: revenue higher, PBT jumped

Another section of the data highlights the quarter labeled Q4FY26, where revenue from operations is reported at ₹735.31 crore (converted from ₹7,353.10 million). This is shown as up 3.61% YoY and up 2.31% QoQ.

For the same quarter, Profit Before Tax (PBT) is reported at ₹32.47 crore (₹324.72 million), a 145.26% YoY increase and 25.81% QoQ increase as per the provided figures. Profit After Tax (PAT) for Q4FY26 is shown at ₹21.55 crore (₹215.51 million), described as a 0.96% YoY decrease and 15.17% QoQ decline.

Full-year FY26: revenue decline versus FY25

The annual performance excerpt states that FY26 revenue from operations was ₹2,846.67 crore (₹28,466.67 million), a 4.65% decline from ₹2,985.44 crore (₹29,854.42 million) in FY25. This aligns with the broader trend in the dataset that points to modest revenue growth over time but weaker earnings momentum.

The same data bundle also states the company’s earnings have been declining at an average annual rate of -19%, while the chemicals industry saw earnings growing at 6.7% annually. It also lists revenue growth rate of 4.13%, return on equity of 4.00%, and net margin of 2.77%.

Quarterly trend (Mar 2025 to Mar 2026): sales and operating profit

The consolidated quarterly table (all figures in ₹ crore) shows net sales ranging from ₹671.91 crore (Jun 2025) to ₹723.33 crore (Mar 2026). Operating profit in that series is shown at ₹33.77 crore (Jun 2025) and ₹53.17 crore (Mar 2026), with profit after tax at ₹22.97 crore (Jun 2025) and ₹22.52 crore (Mar 2026). Adjusted EPS in this table ranges from ₹0.50 (Sep 2025) to ₹1.03 (Mar 2025).

This sequence indicates that while revenue is relatively stable within a band, profitability has varied quarter to quarter across operating profit, PBT, and PAT.

Key numbers table: June quarter performance

Corporate actions and the earnings calendar

The corporate action section notes an upcoming earnings date of 21st May, 2026 for Laxmi Organic Industries Ltd. Separately, the company informed the BSE that a Board meeting was scheduled on 21/05/2026 to consider and approve audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026.

Dividend information in the same dataset shows the company declared a ₹0.30 dividend on 21 Jul, 2026.

FY27 and FY28 outlook: guidance and project ramp-up

The dataset includes a specific project update: the Dahej project’s full impact on revenues is expected from the second half of FY27, with gradual ramp-up into FY28 and beyond. It also mentions revenue guidance of approximately ₹3,700-4,000 crore in FY27 and around ₹5,000 crore in FY28.

These figures matter because they set expectations for scale-up, particularly at a time when the provided profitability metrics show pressure and the stock is trading at a high stated multiple.

Street expectations: Uniresearch forecast for Q1 FY27

A forecast attributed to Uniresearch projects Q1 FY27 revenue of ₹669 crore (-3.5% YoY) and PAT of ₹13 crore (-38.2% YoY). The same section states the Q1 FY26 base as ₹693 crore revenue and ₹21 crore PAT.

This forecast is presented as an estimate, not a reported result. It indicates expectations of softer profitability relative to the base quarter used, even with only a modest change in revenue.

Market impact: what investors will track from here

With the stock down on the day and profitability metrics showing weaker YoY performance in the June quarter data, investors will likely focus on two measurable items already flagged in the dataset. First is how quickly earnings stabilise relative to revenue, given the listed net margin of 2.77% and ROE of 4%. Second is the timing and execution implied by the Dahej ramp-up, because the guidance figures (FY27 and FY28) suggest management is planning for a meaningfully higher revenue base.

The next set of audited numbers and management commentary around capacity utilisation, costs, and margins will be central, especially when the valuation snapshot cites a P/E of 53.1.

Conclusion

Laxmi Organic’s latest data points show revenue near ₹693 crore for the June quarter with weaker YoY profitability, alongside a Q4FY26 pattern of improved PBT but softer PAT. The company has also announced a ₹0.30 dividend and highlighted a Dahej-driven ramp-up expected to show more clearly from 2H FY27, with FY27 and FY28 revenue guidance already on record.