The probable business of LAXMII would have been around 110 crore nett if it was released on a non holiday. A Diwali release would actually mean the film doing well as it would have racked up big numbers in Gujarat which is super strong on Diwali with extended holidays and a circuit where these type of films have a bigger following. A Diwali release would have meant Mumbai circuit doing around 55-60 crore nett and all India going to around 140 crore nett. This is taking ticket rates at the level of February.

The circuits which have business from Gujarat and Maharashtra would have outperformed and three circuits fall into this category Mumbai, CP Berar and Nizam. The outperformance here would not only be because of Diwali but because these type of films score more in Maharashtra and Gujarat. The Mumbai circuit ratio was sure to be above 40% while the poor performance would have come in East Punjab and Mysore. Delhi/UP would also have struggled though the the 3-4 days holiday in UP post Diwali would have meant a respectable number for the Delhi / UP circuit.

The probable circuit numbers of the film on Diwali would probably have been as follows.
Mumbai - 57.50 crore
Delhi / UP 24 crore
East Punjab - 9 crore
Rajasthan - 9 crore
CP Berar - 10 crore
CI - 6 crore
Nizam / Andhra - 7 crore
Myspre - 4 crore
Tamil Nadu / Kerala - 1 crore
Bihar - 5 crore
West Bengal - 5 crore
Assam - 1.50 crore
Odisha - 2 crore
TOTAL - 141 crore

In terms of recent Akshay Kumar starrers it would have fared better than the likes of PAD MAN and GOLD and this would have been even without a Diwali release. It would have probably be the sixth highest grosser Akshay Kumar assuming a normal situation Diwlai release.

This is how it would have fitted with the other Akshay Kumar films in recent times.
1 .Housefull 4 - 206 crore (Diwali 2019)
2. Good Newwz - 196 crore (New Year 2020)
3. Mission Mangal - 193 crore (Independence 2019)
4. 2.0 (Hindi) - 186 crore (November 2019)
5. Kesari - 151 crore (Holi 2019)
6. Laxmii - 141 crore  (Diwali 2020) PROBABLE
7. Toilet Ek Prem Katha - 132 crore (Independence 2017)
8. Jolly LLB - 108 crore (Valentines 2017)
9. Gold - 102 crore (Independence 2018)
10. Pad Man - 78 crore (Republic 2018)