Share price at the NSE close on 23 Oct 2026. Previous close ₹101.65.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹519 Cr1,802nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 9.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 13 May 2026
- 1.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 12 Aug 2026
- 12.2%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,03,48454.4% delivered
Laxmi India Finance board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorDeepak Baid
- Company Secretary and Compliance OfficerSourabh Mishra
7 directors4 independent3 executive
- Deepak Baid · Chairperson and managing directorExecutive · joined Feb 2011 · 1 listed board · 2 committee seats
- Aneesha BaidExecutive · joined Dec 2016 · 1 listed board · 1 committee seat
- Prem Devi BaidExecutive · joined Feb 2011 · 1 listed board
- Surendra MehtaIndependent · joined Dec 2016 · reappointed Dec 2021 · 117 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Anil Balkrishna PatwardhanIndependent · joined Dec 2021 · reappointed Dec 2024 · 57 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Brijmohan SharmaIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 3 listed boards · 3 as independent · 2 committee seats
- Kalyanaraman ChandrachoodanIndependent · joined Feb 2025 · reappointed Feb 2025 · 19 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20267 of 7 present4 independent · 90 days in between
- 13 May 20267 of 7 present4 independent
Audit Committee
Chair Anil Balkrishna Patwardhan
Brijmohan Sharma, Deepak Baid
- 12 Aug 20263 of 3 present2 independent · 90 days in between
- 13 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Surendra Mehta
Brijmohan Sharma, Anil Balkrishna Patwardhan
- 11 Aug 20263 of 3 present3 independent · 90 days in between
- 12 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Surendra Mehta
Aneesha Baid, Deepak Baid
- 14 May 20263 of 3 present1 independent
Risk Management Committee
Chair Surendra Mehta
Deepak Baid, Anil Balkrishna Patwardhan
- 11 Aug 20263 of 3 present2 independent · 90 days in between
- 12 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Deepak Baid
Aneesha Baid, Surendra Mehta
- 13 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- S.C. Bapna & AssociatesPeer-review certificate valid to Dec 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Laxmi India Finance AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Laxmi India Finance share news and announcements
Annual general meeting, 16 Sep 2026
29,451 shareholders on the register on 9 Sep 2026; present: 9 promoters and 56 others; votes counted by Manoj Maheshwari / M/s. V.M. & Associates.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2026, together with the report of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.96% · promoters 99.19% · institutions 55.32% · other public 1.26%
- To appoint a director in place of Mrs. Aneesha Baid (DIN:07117678) who retires by rotation and being eligible, has offered herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.96% · promoters 99.19% · institutions 55.32% · other public 1.26%
- To approve the limit for issuance of Non-Convertible Debentures on Private Placement BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.96% · promoters 99.19% · institutions 55.32% · other public 1.26%
- To consider and approve the appointment of M/s V.M & Associates, Company Secretaries as Secretarial Auditors of the company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.96% · promoters 99.19% · institutions 55.32% · other public 1.26%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 Dec 2025, 2 resolutions
32,085 shareholders on the register on 7 Nov 2025; votes counted by CS Manoj Maheshwari / V.M. & Associates.The company's voting result (opens in a new tab)
- RATIFICATION AND AMENDMENT OF THE ‘LAXMI INDIA FINANCE LIMITED EMPLOYEE STOCK OPTION SCHEME – 2023’Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.32%
Turnout: all 59.90% · promoters 98.61% · institutions 0.00% · other public 0.94%
APPROVAL FOR THE GRANT OF OPTIONS EQUAL TO OR EXCEEDING ONE PERCENT BUT NOT EXCEEDING FOUR PERCENT OF THE ISSUED CAPITAL OF THE COMPANY DURING ANY ONE FINANCIAL YEAR TO IDENTIFIED EMPLOYEES UNDER LAXMI INDIA FINANCE LIMITED EMPLOYEES STOCK OPTION SCHEME- 2023MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.32%
Turnout: all 59.90% · promoters 98.61% · institutions 0.00% · other public 0.94%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeIncome Tax DepartmentSince 27 Sep 2022Laxmi India Finance Limited has received hearing notice dated May 05, 2026 and hearing date was fixed at May 12, 2026. The said hearing was further adjourned to July 07, 2026 and October 06,2026.At the filing before: Laxmi India Finance Limited has received hearing notice dated May 05, 2026 and hearing date was fixed at May 12, 2026. The said hearing was further adjourned to July 07, 2026.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesAug 2025, checked by CARE Ratings Limited | 165.17 | – | – | No |