Laxmi Organic Industries Profile
Key Indicators
- Authorised Capital ₹ 76.00 Cr
as on 16-07-2024
- Paid Up Capital ₹ 55.29 Cr
as on 16-07-2024
- Company Age 35 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,594.76 Cr
as on 16-07-2024
- Satisfied Charges ₹ 568.76 Cr
as on 16-07-2024
- Revenue -9.86%
(FY 2023)
- Profit -41.71%
(FY 2023)
- Ebitda -22.92%
(FY 2023)
- Net Worth 10.40%
(FY 2023)
- Total Assets 9.31%
(FY 2023)
About Laxmi Organic Industries
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543277 and on the National Stock Exchange(NSE) under LXCHEM.
The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 76.00 Cr and a paid-up capital of Rs 55.29 Cr.
The company currently has active open charges totaling ₹1,594.76 Cr. The company has closed loans amounting to ₹568.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Laxmi Organic Industries Limited India are Rajan Venkatesh as the Chief Executive Officer (CEO), Tanushree Bagrodia serving as the Chief Financial Officer (CFO), and Aniket Hirpara as Company Secretary. Ravi Vasudeo, Rajeev Goenka, Manish Chokhani, and Six other members serve as directors at the Company.
Industry
Company Details
- Location
Raigarh, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Laxmi Organic Industries Limited offer?
Laxmi Organic Industries Limited offers a wide range of products and services, including Pharmaceutical Services, Life Science Service.
Who are the key members and board of directors at Laxmi Organic Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tanushree Bagrodia  | CFO(Kmp) | 06-May-2022 | Current |
| Rajan Venkatesh | Managing Director | 03-Apr-2023 | Current |
| Aniket Hirpara | Company Secretary | 01-Sep-2012 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sangeeta Singh | Director | 04-Sep-2017 | Current |
Rajiv Banavali  | Director | 18-May-2021 | Current |
| Rajeev Vaidya | Director | 25-Nov-2020 | Current |
| Ravi Vasudeo | Wholetime Director | 01-May-2010 | Current |
| Rajeev Goenka | Director | 12-Aug-1994 | Current |
| Manish Chokhani | Director | 23-Nov-2001 | Current |
Financial Performance and Corporate Structure Insights of Laxmi Organic Industries.
Laxmi Organic Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.86% decrease. The company also saw a substantial fall in profitability, with a 41.71% decrease in profit. The company's net worth Soared by an impressive increase of 10.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Laxmi Organic Industries?
In 2023, Laxmi Organic Industries had a promoter holding of 72.50% and a public holding of 27.49%. The company had 4 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maharashtra Aldehydes And Chemicals LtdActive 42 years 7 monthsRavi Vasudeo and Rajeev Goenka are mutual person
Laxmi Bioenergie Limited.Active 25 years 10 monthsRavi Vasudeo, Rajeev Goenka and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 29 Mar 2022 | ₹125.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 03 Sep 2019 | ₹717.38 Cr | Open |
Citi Bank N.A. Creation Date: 07 Aug 2018 | ₹26.38 Cr | Open |
How Many Employees Work at Laxmi Organic Industries?
Laxmi Organic Industries has a workforce of 926 employees as of Jun 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Laxmi Organic Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Laxmi Organic Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
