LAXMI ORGANIC INDUS LTD

On July 30, 2026, Laxmi Organic Industries Limited held its Q1 FY27 earnings conference call, where management discussed the company's performance amidst ongoing geopolitical challenges. Dr. Rajan Venkatesh, Managing Director, highlighted the volatility in the chemical macro ecosystem, particularly due to the West Asia crisis, which has affected logistics and raw material prices. Despite these challenges, the company reported a 40% year-on-year revenue growth to INR9,683 million, driven by volume growth and higher price realization. The EBITDA increased by 272% year-on-year to INR1,143 million. CFO Amit Jain noted that the Essentials business saw a 50% year-on-year revenue growth, while the Specialty business grew by 17%. Management also provided updates on the Dahej project, indicating that Phase 2 is on track for capitalization in Q2 FY27. The call concluded with management expressing gratitude to the team and stakeholders for their support during these times.

Management reported strong financial performance and progress on key projects.