Laxmi Organic posted strong Q1 FY27 results.

Revenue surged 40% YoY to 968.3 Cr, with EBITDA up 272% YoY to 114.3 Cr, driven by volume growth and improved pricing.

The Essentials business saw 11-12% EBITDA.

Dahej Phase 2 (60% specialty, 40% essentials) mechanical completion is expected Q2/Q3, targeting ramp-up by Q4 FY27, doubling diketene capacity.

Project Vaayu revenues will begin flowing in FY28. Management remains confident in leveraging scale and strategic expansions amidst a volatile global environment.

Net debt-to-equity stands healthy at ~0.3x.