Laxmi Organic Industries Adjusts Valuation Grade Amid Competitive Agrochemical Landscape

Laxmi Organic Industries, a small-cap player in the Pesticides and Agrochemicals sector, has recently undergone a valuation adjustment. The company's financial metrics reveal a PE ratio of 34.60 and a price-to-book value of 2.54, indicating its market positioning within the industry. The EV to EBITDA stands at 14.78, while the EV to sales ratio is recorded at 1.50. Additionally, Laxmi Organic's PEG ratio is 1.00, and it offers a dividend yield of 0.35%.
In terms of profitability, the latest return on capital employed (ROCE) is 10.17%, and the return on equity (ROE) is 7.22%. When compared to its peers, Laxmi Organic's valuation metrics show a competitive stance, particularly against companies like Sharda Cropchem and Rallis India, which also hold attractive valuations. However, it is noteworthy that some peers, such as Bhagiradha Chemicals and 3B Blackbio, are positioned at higher valuation levels.

Overall, the evaluation revision reflects the company's current financial health and market dynamics, emphasizing its relative standing in the competitive landscape of the agrochemical industry.