LCI Lucky Core Industries Limited

Lucky Core Industries Limited (LCI) valuation

At Rs 194.44 (close on 16 Oct 2026) LCI trades at 9.2× earnings (FY2026), below its five-year average of 9.4× and below the Chemical median of 9.5×. The shares are priced at 1.51× book value (sector median 1.41×). Enterprise value of Rs 95.5 bn is 5.1× EBITDA. The dividend yield is 5.4%, against a five-year average of 5.0%.

P/E · today: 9.2×; FY2026; 5-yr average9.4× Sector median9.5×
P/B · today: 1.51×; FY2026; 5-yr average1.97× Sector median1.41×
EV/EBITDA · today: 5.1×; 5-yr average5.4× Sector median5.7×
Dividend yield · today: 5.4%; FY2026; 5-yr average5.0% Payers' median4.5%

Market value Rs 89.8 bn at Rs 194.44. Sector medians use the latest close of 25 Chemical companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end 5-year average

Valuation history

At each fiscal year-end price.

LCI valuation history (annual) (Rs bn)
Rs bn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 Jan – Dec 2010	FY2009 Jan – Dec 2009	FY2008 Jan – Dec 2008	FY2007 Jan – Dec 2007
Market capitalisation	109.3	146.8	85.8	55.8	66.9	80.2	64.2	49.2	74.0	101.1	41.1	39.6	36.1	15.4	16.1	16.7	20.0	23.4	9.5	27.3
Enterprise value	115.0	148.6	85.4	62.4	92.8	93.2	80.4	68.7	90.3	108.0	46.8	43.8	38.8	—	17.8	12.0	15.3	18.9	7.8	23.3
Share price (period end) Rs	236.64	317.85	185.90	120.83	144.91	173.76	138.94	106.49	160.30	218.91	89.00	85.77	78.07	33.29	34.78	36.15	43.35	50.64	20.65	59.11
P/E (diluted)	11.21×	12.48×	7.70×	7.47×	7.90×	14.41×	24.69×	19.47×	22.57×	30.79×	15.06×	17.40×	19.65×	—	16.23×	11.83×	8.08×	11.38×	5.64×	16.86×
Price to book	1.84×	2.67×	1.74×	1.28×	2.35×	3.38×	3.13×	2.54×	3.98×	5.86×	2.64×	2.89×	2.97×	—	1.57×	1.62×	1.33×	1.68×	0.74×	2.26×
Price to sales	0.96×	1.22×	0.71×	0.51×	0.66×	1.24×	1.16×	0.83×	1.48×	2.42×	1.11×	1.06×	0.95×	0.42×	0.46×	0.59×	0.57×	0.83×	0.34×	1.19×
EV / EBITDA	6.13×	7.03×	4.27×	3.59×	5.72×	9.00×	9.89×	9.24×	13.20×	17.03×	8.94×	9.47×	10.85×	—	5.90×	3.45×	3.35×	4.93×	2.04×	6.16×
EV / Sales	1.01×	1.24×	0.71×	0.57×	0.92×	1.44×	1.45×	1.16×	1.81×	2.59×	1.27×	1.17×	1.02×	—	0.51×	0.34×	0.44×	0.67×	0.28×	1.01×
Dividend yield (gross)	4.8%	4.2%	6.5%	4.1%	5.5%	2.9%	2.2%	2.4%	2.2%	1.6%	2.9%	2.1%	1.0%	3.3%	6.8%	12.9%	6.9%	4.5%	8.7%	2.8%
Free cash flow yield	1.4%	4.7%	11.6%	0.5%	(9.8%)	5.9%	6.5%	(4.5%)	(8.4%)	0.9%	(1.5%)	(0.2%)	3.6%	—	(33.6%)	11.4%	7.9%	16.2%	(11.9%)	10.6%
PEG ratio	(0.66×)	2.30×	0.16×	(0.63×)	0.15×	0.13×	8.43×	(0.85×)	(270.09×)	1.52×	0.76×	0.72×	0.94×	0.19×	(0.54×)	(0.27×)	0.39×	0.53×	1.26×	0.72×
P/E (diluted, normalised)	11.26×	12.86×	7.70×	7.47×	10.11×	14.41×	24.69×	19.47×	22.32×	30.79×	15.06×	17.40×	19.65×	—	11.78×	12.62×	8.08×	11.29×	5.66×	18.99×
Price to book — 5-year average	1.97×	2.17×	2.13×	2.33×	3.02×	3.71×	3.61×	3.61×	3.78×	—	—	—	—	—	1.37×	1.51×	1.47×	1.59×	1.54×	1.88×
EV / EBITDA — 5-year average	5.39×	5.67×	5.75×	6.68×	8.69×	11.27×	11.60×	11.73×	12.31×	—	—	—	—	—	3.84×	3.97×	4.14×	4.81×	4.83×	6.08×
Dividend yield — 5-year average	5.0%	4.6%	4.3%	3.5%	3.1%	2.2%	2.1%	2.1%	1.9%	1.9%	2.7%	4.0%	5.3%	6.7%	7.6%	6.4%	5.0%	4.4%	4.2%	3.5%

LCI valuation: frequently asked questions

What is LCI's P/E ratio?

At the closing price of Rs 194.44 on 16 Oct 2026, LCI trades at a P/E of 9.2× based on EPS of Rs 21.11 (FY2026).

What is LCI's book value per share?

Lucky Core Industries Limited's book value per share was Rs 128.68 at the end of FY2026. The shares trade at 1.51× book value.

Information only, not investment advice.