Laxmi Organic has launched a new Ethyl Acetate production plant in Ratnagiri, Maharashtra. The company has begun commercial operations with the aim of increasing its capacity, improving its operational efficiency, and strengthening its market presence.

Laxmi Organic's Q4 FY26 net profit decreased by 0.97% year-over-year to ₹21.55 crore, despite an increase in revenue. The company's stock fell on concerns about profitability and margin pressure, closing at ₹151.85 on May 22, down ₹4.5.

Laxmi Organic's Q4 EBITDA experienced a 9.2% year-on-year decline, and the company's profit margins tightened compared to last year.

Laxmi Organic has revised its Q4 FY26 EPS to 0.77 (both basic and diluted), setting a final dividend of ₹0.30 per share. The company's annual results, along with the appointment of a new CFO and an Annual General Meeting on Aug 5, 2026, have been approved by the board.

Laxmi Organic experiences a 9% decrease in Q4 EBITDA, dropping from ₹590 million to ₹537 million year-on-year. The margin also shrank from 8.3% to 7.3%, suggesting reduced profitability for the company compared to last year.

Laxmi Organic will hold an Investor Meeting on May 22, 2026, providing insights into their Q4 FY26 performance. Topics of discussion will include operational status, product offerings, strategy, research & development progress, manufacturing capabilities, and global expansion.

Laxmi Organic will convene a board meeting on May 21, 2026, to discuss and approve the Q4 and full-year 2026 financial results. The meeting will also focus on deciding the dividend distribution for FY26 equity shares.

Laxmi Organic's CFO, Mahadeo Karnik, has resigned, effective from April 13th, 2026. Starting April 14th, Harshvardhan Goenka will serve as an interim CFO until a permanent replacement is found by June 15th.

Laxmi Organic has reached a new low at Rs 109.7, marking a 36% decrease year-to-date. This drop contradicts the overall market trends, leading to worries about the company's resilience.