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Fundamentals for Laxmi Organic Industries Limited
Business Operations:
Sector: Basic MaterialsIndustry: Specialty Chemicals
Laxmi Organic Industries Limited provides acetyl and specialty intermediate products in India and internationally. The company's acetyl intermediates include ethyl acetate, acetaldehyde, fuel-grade ethanol, acetic anhydride, and other proprietary solvents; and specialty intermediates comprise ketene and diketene derivatives, esters, amides, arylides, and fluorospeciality Intermediates. Its products are used in pharmaceuticals, agrochemicals, flexible packaging, auto coatings, printing inks, personal care, cosmetics, and other industrial applications. Laxmi Organic Industries Limited was incorporated in 1989 and is based in Mumbai, India. Laxmi Organic Industries Limited is a subsidiary of Yellow Stone Trust.
Revenue projections:
With LXCHEM's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
| currentRatio | 1.36100 |
|---|---|
| forwardPE | 23.77099 |
| debtToEquity | 27.34400 |
| earningsGrowth | -0.02500 |
| revenueGrowth | 0.03600 |
| grossMargins | 0.24436 |
| operatingMargins | 0.04683 |
| trailingEps | 2.85000 |
| forwardEps | 6.55000 |
The current ratio for Laxmi Organic Industries Limited is 1.361, indicating that the company can service its short-term debt using available cash and assets. This suggests Laxmi Organic Industries Limited has strong liquidity, with more than enough resources to meet its immediate financial commitments.
LXCHEM's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
LXCHEM's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors.
LXCHEM's low earnings and revenue growth point to a potential decline in profits. This signals a downturn in financial performance, suggesting that the company might face challenges in maintaining its current level of profitability.
Laxmi Organic Industries Limited's negative gross and operating margins highlight potential financial struggles, as the company is not covering its production or operational expenses. This could lead to broader concerns about its ability to achieve profitability.
Laxmi Organic Industries Limited's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
LXCHEM's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.
Recommendation changes over time:
LXCHEM has faced a sell bias from analysts recently, indicating that caution is advised. Investors should expand their focus to a broader set of market indicators when making decisions, ensuring a well-rounded approach rather than acting solely on one piece of analysis.
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