Is Laxmi India Finance the Best Stock in Its Sector? A Look at the Numbers
- September 30, 2026
- Posted by: Kunal Singla
- Category: Market
Laxmi India Finance CMP Rs 121 (30 Sep 2026). Market cap Rs 624 Cr. ROE 10.69%. P/E 11.04x versus Industry P/E 22.24x.
Quick Answer
Laxmi India Finance is one of the names investors compare when screening the Finance sector, built on a 10.69% return on equity and a P/E of 11.04x against an Industry P/E of 22.24x. Whether Laxmi India Finance is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Finance sector peers, so you can judge that for yourself.
Is Laxmi India Finance the best stock in its sector? The stock trades on the NSE at Rs 121 as of 30 September 2026, within its 52-week range of Rs 71.06 to Rs 159.59. Laxmi India Finance Ltd is an NBFC providing MSME and vehicle finance loans.
Laxmi India Finance sits in the Finance sector, and its 10.69% ROE and 11.04x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Laxmi India Finance
Laxmi India Finance Ltd is an NBFC providing MSME and vehicle finance loans. The stock rose nearly 2 percent during this session. At a market capitalisation of Rs 624 Cr, it is tracked as part of the Finance sector on Univest.
Is Laxmi India Finance the Best Stock in Its Sector?
Laxmi India Finance makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 10.69% ROE with a 11.04x P/E against the sector’s 22.24x Industry P/E. Laxmi India Finance’s 11.04x P/E is well below the 22.24x Industry P/E despite a 10.69% ROE. A debt to equity ratio of 2.87 is typical for a lender but means asset quality is the key factor to watch.
| Metric | Laxmi India Finance |
|---|---|
| CMP (NSE) | Rs 121.11 |
| 52-Week High / Low | Rs 159.59 / Rs 71.06 |
| Market Cap | Rs 624 Cr |
| P/E (TTM) vs Industry P/E | 11.04x vs 22.24x |
| P/B | 1.34 |
| ROE | 10.69% |
| EPS (TTM) | Rs 10.79 |
| Dividend Yield | 0.00% |
| Debt to Equity | 2.87 |
Compare Laxmi India Finance Against Other Finance Sector Stocks
How Laxmi India Finance Compares Against Its Finance Sector Peers
The table below sets Laxmi India Finance against 2 other Finance sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Laxmi India Finance | 624 | 11.04 | 10.69% | 2.87 |
| Fedbank Financial Services | 5,730 | 14.96 | 11.74% | 4.67 |
| Indian Renewable Energy Development Agency | 31,857 | 16.20 | 13.59% | 5.65 |
| Peer average (2 companies) | – | 15.58 | 12.66% | 5.16 |
Against this peer set, Laxmi India Finance’s 10.69% ROE is below the 12.66% peer average, and its P/E of 11.04x runs below the peer average of 15.58x. Laxmi India Finance’s 11.04x P/E is well below the 22.24x Industry P/E despite a 10.69% ROE. A debt to equity ratio of 2.87 is typical for a lender but means asset quality is the key factor to watch.
What Makes Laxmi India Finance Worth Watching in Finance
- Well below Industry P/E: An 11.04x P/E against a 22.24x Industry P/E is a wide discount for a business with a 10.69% ROE.
- Solid ROE: A 10.69% ROE is a reasonable figure for a lending NBFC.
- MSME and vehicle finance focus: Providing MSME and vehicle finance loans gives Laxmi India Finance a focused NBFC lending niche.
Laxmi India Finance Valuation: Is It Justified?
Laxmi India Finance’s 11.04x P/E is well below the 22.24x Industry P/E despite a 10.69% ROE. A debt to equity ratio of 2.87 is typical for a lender but means asset quality is the key factor to watch. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is KRBL the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Laxmi India Finance and other Finance sector stocks.
How to Track Laxmi India Finance Before You Invest
Before deciding whether Laxmi India Finance deserves its label as the best stock in its sector for your own portfolio, compare it directly against Finance sector peers using the steps below.
- Open the Univest Screener and search for Laxmi India Finance to view live price, valuation ratios, and peer comparisons within the Finance sector.
- Compare its P/E, P/B, and ROE against other Finance sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Laxmi India Finance earns a place in the best stock in its sector conversation on the strength of a 10.69% ROE and a P/E of 11.04x against a 22.24x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Laxmi India Finance the best stock in its sector?
Ans. Laxmi India Finance has a 10.69% ROE and trades at 11.04x P/E against a 22.24x Industry P/E, and compares below the peer average ROE of 12.66% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Laxmi India Finance?
Ans. Laxmi India Finance was trading at Rs 121.11 on the NSE as of 30 September 2026, within its 52-week range of Rs 71.06 to Rs 159.59.
What sector does Laxmi India Finance belong to?
Ans. Laxmi India Finance is classified under the Finance sector on Univest.
How does Laxmi India Finance compare to its sector peers on P/E?
Ans. Laxmi India Finance’s P/E of 11.04x is below the 15.58x average of the 2 named peers compared in this article.
What is Laxmi India Finance’s return on equity?
Ans. Laxmi India Finance reported a return on equity of 10.69%, which is below the 12.66% average of its named peers in this comparison.
Should I invest in Laxmi India Finance based on its sector position?
Ans. Laxmi India Finance’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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