Laxmi Organics share price (NSE: LXCHEM) is currently trading around ₹142–₹145 as of February 2026. The stock has seen significant volatility over the past year, falling from a 52-week high of ₹241 to a low of ₹133.61. This article covers everything you need to know — from the current price and key financials to growth prospects and what experts are saying.
What Is Laxmi Organics Share Price Today?
As of February 17, 2026, the Laxmi Organics share price closed at approximately ₹142.84 on NSE (scrip code: LXCHEM) and BSE (scrip code: 543277).
Here is a quick snapshot of the key price data:
| Metric | Value (Feb 2026) |
|---|---|
| Current Price | ₹142.84 |
| 52-Week High | ₹241.00 |
| 52-Week Low | ₹133.61 |
| Market Cap | ~₹3,958 Cr |
| P/E Ratio | 49.18 |
| P/B Ratio | 2.02 |
The stock is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
About Laxmi Organic Industries Ltd
Laxmi Organic Industries Limited is a specialty chemicals company founded in 1989 and headquartered in Mumbai. It is the flagship company of the Goenka Group.
The company makes two main types of products:
- Essentials (Acetyl Intermediates): Ethyl Acetate, Acetic Anhydride, Acetaldehyde, and solvents used in pharmaceuticals, packaging, and industrial sectors.
- Specialty Intermediates: Diketene derivatives, ketene products, fluorospecialty chemicals, esters, amides, and arylides used in agrochemicals, dyes, inks, paints, and electronics.
Laxmi Organic sells to customers in over 30 countries and has two manufacturing facilities, two distilleries, and is setting up a new fluorospecialty chemicals plant. The company listed on NSE and BSE in March 2021.
Laxmi Organics Share Price History: How Has It Performed?
The Laxmi Organics share price has had a challenging run in recent years.
- IPO listing (March 2021): The stock debuted and quickly rose to around ₹339 by August 2021, giving it a market cap of nearly ₹9,000 Cr at the time.
- 2022–2023: The price corrected significantly as commodity costs rose and chemical sector margins compressed.
- 2024–2025: The stock traded between ₹160 and ₹284 during this period, with a recovery driven by hopes of an industry upcycle.
- 2026 (Current): The share price has slid further to around ₹142, down about 26% in the last one year and 21.94% in the last six months.
This performance reflects ongoing pressure on profit margins and slower-than-expected recovery in the specialty chemicals sector.
Key Financial Performance
Understanding the financials helps explain why the Laxmi Organics share price has been under pressure.
Revenue: The company reported revenue of approximately ₹699–₹703 Cr for Q2 FY26 (September 2025), showing marginal sequential growth of about 0.7%.
Net Profit: Net profit fell sharply — down 60.77% year-on-year in Q2 FY26, coming in at just ₹11 Cr. On a trailing 12-month basis, total operating revenue stood at around ₹2,888 Cr.
EBITDA Margins: EBITDA margins declined by approximately 405 basis points year-on-year in Q2 FY26, signaling cost pressures.
Debt: The company has a low debt-to-equity ratio of around 2%, indicating a relatively healthy balance sheet.
Dividends: Laxmi Organic declared a dividend of ₹0.50 per share for the quarter ending March 2025, translating to a dividend yield of approximately 0.56%.
Why Has Laxmi Organics Share Price Fallen?
Several factors have weighed on the Laxmi Organics share price over the past year:
1. Weak Profitability Net profits have declined sharply due to lower realization prices for ethyl acetate and increased competition, especially from Chinese imports.
2. Compressed Margins Input costs and energy costs remained elevated, while product selling prices didn’t keep pace, squeezing EBITDA margins.
3. Sector-Wide Slowdown The entire Indian specialty chemicals sector faced headwinds in 2024–2025 due to global oversupply and subdued demand from key end markets like agrochemicals.
4. Missed Earnings Estimates The company’s Q2 FY26 net profit missed analyst forecasts by as much as 45%, leading to further selling pressure.
What Do Analysts Say About Laxmi Organics Share Price?
Analyst views on Laxmi Organics share price are currently cautious.
- The average 12-month analyst price target is around ₹185–₹193, which would represent meaningful upside from current levels.
- Some analysts have a Sell rating on the stock, citing continued margin pressure and earnings uncertainty.
- Others see potential for a recovery if the specialty chemicals cycle turns, particularly driven by the company’s fluorospecialty chemicals expansion.
Important: These are analyst opinions and not guaranteed outcomes. Always do your own research before investing.
Growth Drivers to Watch
Despite near-term challenges, there are several potential catalysts that could lift the Laxmi Organics share price in the medium to long term:
Fluorospecialty Chemicals Expansion Laxmi Organic is setting up a new manufacturing facility for fluorospecialty intermediates, a high-margin segment with strong demand from pharmaceuticals and agrochemicals. This could meaningfully improve margins once operational.
China+1 Strategy As global companies reduce dependence on Chinese chemical suppliers, Indian manufacturers like Laxmi Organic stand to benefit from increased orders.
Export Growth With operations in over 30 countries and 11 offices in India, the company is well-positioned to capitalize on rising global demand for specialty chemicals.
Improving Domestic Demand Recovery in key end sectors — pharmaceuticals, paints, agrochemicals — should drive volume growth.
Laxmi Organics Share Price: Key Valuation Metrics
Here is how the stock is valued as of February 2026:
| Metric | Value |
|---|---|
| P/E Ratio | ~49x |
| P/B Ratio | ~2.02x |
| Market Cap | ~₹3,958 Cr |
| Annual Revenue (TTM) | ~₹2,888 Cr |
| ROE | ~5% |
| Pre-tax Margin | ~5% |
The P/E of 49x appears elevated given the current profitability, but this is partly because earnings are at a cyclical low. Investors often value specialty chemical stocks on a forward earnings basis, anticipating a margin recovery.
How to Buy Laxmi Organics Shares
Buying Laxmi Organics shares is straightforward. Here’s how:
- Open a Demat and Trading Account with any SEBI-registered broker (e.g., Zerodha, ICICI Direct, HDFC Securities, 5paisa).
- Search for the stock using the ticker symbol LXCHEM on NSE or the BSE code 543277.
- Place a Buy order — you can buy at the market price or set a limit order at your preferred price.
- Monitor your investment regularly, especially around quarterly results and company announcements.
Risks to Consider Before Investing
Every investment carries risk. Here are the key risks for Laxmi Organics share price:
- Commodity price volatility: The company’s raw materials include acetic acid and ethanol, whose prices can fluctuate sharply.
- Chinese competition: Low-cost Chinese exports continue to pressure ethyl acetate prices.
- Execution risk: The new fluorospecialty plant needs to ramp up successfully to drive returns.
- Demand slowdown: A global economic slowdown could reduce demand from key sectors like pharmaceuticals and agrochemicals.Laxmi Organics vs Peers
How does Laxmi Organics share price compare to its competitors in the specialty chemicals space?
- Fine Organic Industries has outperformed Laxmi Organic significantly — delivering about -8.6% return in the last year vs. -26% for Laxmi Organic.
- The sector median P/E is around 38–39x, compared to Laxmi Organic’s ~49x, suggesting the stock may still be pricing in some recovery.
Frequently Asked Questions (FAQs)
Q: What is the current Laxmi Organics share price? As of February 17, 2026, the Laxmi Organics share price is approximately ₹142.84 on NSE.
Q: What is the 52-week high and low of Laxmi Organics? The 52-week high is ₹241 and the 52-week low is ₹133.61.
Q: Is Laxmi Organics a good stock to buy? This depends on your investment horizon and risk tolerance. The stock is under near-term pressure but has long-term growth potential, especially with its fluorospecialty expansion. Always consult a financial advisor before investing.
Q: What is the market cap of Laxmi Organics? As of February 2026, the market cap is approximately ₹3,958 Crore, making it a small-cap company.
Q: Does Laxmi Organics pay dividends? Yes. The company declared a dividend of ₹0.50 per share in May 2025.
Conclusion
The Laxmi Organics share price is currently going through a difficult phase, trading near multi-year lows around ₹142. The company faces short-term headwinds including compressed margins, weak profits, and competitive pressure. However, its long-term story remains intact — with a strong product portfolio, global reach, and a high-potential fluorospecialty expansion underway.
Investors with a medium-to-long-term view and a tolerance for volatility may find the current price levels worth watching. However, as with any investment in the stock market, thorough due diligence and professional financial advice are strongly recommended before making any decision.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk. Please consult a SEBI-registered financial advisor before making investment decisions.
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