- Home
- Results news
- Laxmi Organic Industries
- Q2 FY27 results
Laxmi Organic Industries Q2 FY27 results: net profit ₹57.01 crore vs ₹11.02 crore, revenue up 54.7%
Laxmi Organic Industries Limited reported consolidated revenue of ₹1,083 crore for Q2 FY27, up 54.7% from ₹699.75 crore in the year-ago quarter. Net profit rose to ₹57.01 crore from ₹11.02 crore, while EBITDA margin expanded to 10.0% from 5.3%; against Q1 FY27, revenue rose but profit and margin were lower.
Key points
- Consolidated Q2 FY27 revenue was ₹1,083 crore, up ₹382.98 crore or 54.7% from Q2 FY26.
- EBITDA was ₹108.01 crore, up ₹70.93 crore or 191.3%, with margin at 10.0% against 5.3%.
- Net profit was ₹57.01 crore, up ₹45.99 crore or 417.3% from Q2 FY26, while basic EPS rose to ₹2.06 from ₹0.41.
- Revenue increased ₹114.39 crore or 11.8% from Q1 FY27, but net profit fell ₹10.71 crore or 15.8%.
- In H1 FY27, revenue was ₹2,051.06 crore, up 47.3%, and net profit was ₹124.72 crore, up 284.8% from H1 FY26.
How did Laxmi Organic Industries perform in Q2 FY27?
Laxmi Organic Industries reported consolidated revenue of ₹1,083 crore for Q2 FY27, compared with ₹699.75 crore in Q2 FY26 and ₹968.34 crore in Q1 FY27. Revenue rose ₹382.98 crore or 54.7% year on year and ₹114.39 crore or 11.8% sequentially. Total income was ₹1,086.0 crore, while total expenses increased to ₹1,011 crore from ₹880.02 crore in the previous quarter.
EBITDA was ₹108.01 crore, up ₹70.93 crore or 191.3% from Q2 FY26, and the EBITDA margin rose to 10.0% from 5.3%. Against Q1 FY27, EBITDA fell ₹6.32 crore or 5.5%, and margin declined 1.8 percentage points to 10.0% from 11.8%.
Profit before tax was ₹74.55 crore, up ₹59.05 crore or 381.0% from the year-ago quarter, while net profit rose ₹45.99 crore or 417.3% to ₹57.01 crore from ₹11.02 crore. Basic EPS increased to ₹2.06 from ₹0.41. Sequentially, profit before tax fell ₹17.21 crore or 18.8%, net profit fell ₹10.71 crore or 15.8%, and basic EPS fell ₹0.38 or 15.6% from Q1 FY27. On the standalone basis, revenue was ₹1,054.63 crore and PAT was ₹49.86 crore.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,083 | 968.34 | 699.75 | +54.7% | +11.8% |
| Other income | 3.27 | 3.44 | 3.93 | −16.8% | −4.9% |
| Total expenses | 1,011 | 880.02 | 688.18 | +47.0% | +14.9% |
| EBITDA | 108.01 | 114.33 | 37.08 | +191.3% | −5.5% |
| EBITDA margin | 10.0% | 11.8% | 5.3% | +4.7 pp | −1.8 pp |
| Profit before tax | 74.55 | 91.76 | 15.50 | +381.0% | −18.8% |
| Tax | 17.54 | 24.04 | 4.48 | +291.5% | −27.0% |
| Net profit | 57.01 | 67.72 | 11.02 | +417.3% | −15.8% |
| EPS (₹) | 2.06 | 2.44 | 0.41 | +402.4% | −15.6% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Laxmi Organic Industries' costs and profit?
Cost of materials rose ₹220.90 crore or 46.4% from ₹476.36 crore in Q2 FY26 to ₹697.26 crore in Q2 FY27, while employee cost increased ₹7.19 crore or 15.6% to ₹53.25 crore. Other expenses rose ₹53.92 crore or 36.3% to ₹202.63 crore, and finance costs increased ₹4.13 crore or 72.5% to ₹9.83 crore. Depreciation increased ₹7.08 crore or 35.7% to ₹26.90 crore.
Total expenses increased ₹323.27 crore or 47.0% from ₹688.18 crore in Q2 FY26 to ₹1,011 crore in Q2 FY27. Other income fell ₹0.66 crore or 16.8% from ₹3.93 crore to ₹3.27 crore, and tax expense rose ₹13.06 crore or 291.5% from ₹4.48 crore to ₹17.54 crore. There was no exceptional item in either quarter. The filing does not state what caused the changes in costs, other income or tax.
Against Q1 FY27, cost of materials increased ₹79.72 crore or 12.9%, employee cost rose ₹13.43 crore or 33.7%, finance costs increased ₹5.53 crore or 128.6%, and depreciation rose ₹5.19 crore or 23.9%. Other expenses fell ₹5.88 crore or 2.8%, other income fell ₹0.17 crore or 4.9%, and tax expense fell ₹6.50 crore or 27.0%.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 697.26 | 476.36 | +220.90 | +46.4% |
| Employee cost | 53.25 | 46.06 | +7.19 | +15.6% |
| Finance costs | 9.83 | 5.70 | +4.13 | +72.5% |
| Depreciation | 26.90 | 19.82 | +7.08 | +35.7% |
| Other expenses | 202.63 | 148.71 | +53.92 | +36.3% |
| Total expenses | 1,011 | 688.18 | +323.27 | +47.0% |
| Other income | 3.27 | 3.93 | −0.66 | −16.8% |
| Tax | 17.54 | 4.48 | +13.06 | +291.5% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In the first half of FY27, consolidated revenue was ₹2,051.06 crore, up ₹658.39 crore or 47.3% from ₹1,392.67 crore in H1 FY26. Total income rose ₹655.65 crore or 46.8% to ₹2,057.77 crore from ₹1,402.12 crore, while total expenses increased to ₹1,011 crore for the quarter against ₹688.18 crore in the year-ago quarter.
Profit before tax for H1 FY27 was ₹166.31 crore, up ₹136.62 crore or 460.2% from ₹29.69 crore in H1 FY26. Net profit rose ₹92.31 crore or 284.8% to ₹124.72 crore from ₹32.41 crore, while basic EPS increased ₹3.32 or 281.4% to ₹4.5 from ₹1.18.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 2,051 | 1,393 | +47.3% |
| Profit before tax | 166.31 | 29.69 | +460.2% |
| Net profit | 124.72 | 32.41 | +284.8% |
| EPS (₹) | 4.50 | 1.18 | +281.4% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹3,698.03 crore, compared with ₹3,445.78 crore at 31 March 2026, and total equity was ₹2,109.49 crore against ₹1,985.94 crore. Borrowings increased to ₹708.68 crore from ₹540.82 crore, while cash declined to ₹46.03 crore from ₹60.14 crore. Inventories were ₹383.6 crore, trade receivables ₹717.15 crore, and trade payables ₹637.98 crore.
For H1 FY27, operating cash flow was ₹27.57 crore, compared with ₹150.88 crore in H1 FY26. Investing cash flow was negative ₹182.92 crore against negative ₹173.6 crore, and financing cash flow was ₹141.24 crore against ₹52.37 crore. Capital expenditure was ₹135.78 crore, compared with ₹335.46 crore in the year-ago period.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 3,698 | 3,446 |
| Total equity | 2,109 | 1,986 |
| Borrowings | 708.68 | 540.82 |
| Cash and equivalents | 46.03 | 60.14 |
| Inventories | 383.60 | 365.13 |
| Trade receivables | 717.15 | 523.55 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 27.57 | 150.88 |
| Cash from investing | −182.92 | −173.60 |
| Cash from financing | 141.24 | 52.37 |
| Capital expenditure | 135.78 | 335.46 |
Source: Company's results filing (XBRL).
How has Laxmi Organic Industries done over the last 8 quarters?
Revenue reached ₹786.34 crore in Q3 FY25, fell to a low of ₹692.93 crore in Q1 FY26, and then rose to ₹1,082.73 crore in Q2 FY27. Revenue has risen year on year in each of the last three quarters. Net profit peaked at ₹67.72 crore in Q1 FY27, against a low of ₹11.02 crore in Q2 FY26, before easing to ₹57.01 crore in Q2 FY27.
The EBITDA margin bottomed at 4.4% in Q1 FY26, reached 11.8% in Q1 FY27, and eased to 10.0% in Q2 FY27. Profit has risen year on year in each of the last two quarters. Across the period, revenue moved from ₹692.93 crore at its low to ₹1,082.73 crore at its high, while the margin moved from 4.4% to 10.0%.
How did other Specialty Chemicals companies do?
Among 63 Specialty Chemicals companies that have filed for this quarter, the median revenue growth was 28.5%, compared with Laxmi Organic Industries’ 54.7% growth. Of the peers for which growth was classified, 46 grew slower than the company and 17 grew faster.
| Laxmi Organic Industries revenue growth (YoY) | +54.7% |
|---|---|
| Median of 63 other Specialty Chemicals companies | +28.5% |
| Companies with slower revenue growth than Laxmi Organic Industries | 46 of 63 |
| Companies with faster revenue growth than Laxmi Organic Industries | 17 of 63 |
| Companies whose net profit rose | 50 of 59 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Laxmi Organic Industries' revenue in Q2 FY27?
Revenue from operations was ₹1,083 crore, up 54.7% from ₹699.75 crore in Q2 FY26 (consolidated).
Did Laxmi Organic Industries make a profit in Q2 FY27?
Yes. Net profit was ₹57.01 crore, against a net profit of ₹11.02 crore in Q2 FY26.
What was Laxmi Organic Industries' EPS in Q2 FY27?
Basic earnings per share were ₹2.06, against ₹0.41 in Q2 FY26.
When did Laxmi Organic Industries announce its Q2 FY27 results?
On 5 November 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Board Meeting Intimation To Consider And Approve The Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2026 (BSE, 23 October 2026) · PDF
- Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2026. (BSE, 5 November 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.