Company Lakshmi Machine Works Limited NSE India S.E.

Equities

LAXMIMACH

INE269B01029

Industrial Machinery & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Lakshmi Machine Works Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Industrial Machinery

Market Closed - NSE India S.E. Other stock markets 07:43:48 2024-04-26 am EDT			5-day change	1st Jan Change
16,650 ^INR	-0.41%		-1.45%	+21.19%

Feb. 12	Lakshmi Machine Works Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI
Jan. 18	Lakshmi Machine Works Limited Announces Resignation of T. C. Suseel Kumar as Director	CI

Lakshmi Machine Works Limited is an India-based textile machinery manufacturer. The Company is engaged in the manufacturing and selling of textile spinning machinery, computer numerical control machine tools, heavy castings and parts and components for the aerospace industry. The Company caters to both domestic and international markets. The Company operates through four divisions: Textile Machinery Division (TMD), Machine Tool Division (MTD), Foundry Division (FDY) and Advanced Technology Centre (ATC). TMD division is engaged in the manufacturing of a range of textile spinning machinery globally. MTD division is involved in developing and delivering customized machining solutions. FDY division is engaged in making precision castings for global brands across the world. ATC is involved in manufacturing aerospace components and assemblies for global players in the sector. Its TMD division offers card sliver systems, combing system, ring spinning system, compact spinning system and other.

Number of employees: 3,418

INR in Million	2022	Weight	2023	Weight	Delta
Textile Machinery 77.8 %	23,080	72.8 %	36,693	77.8 %	+58.98%
Machine Tool & Foundry 18.5 %	7,686	24.2 %	8,749	18.5 %	+13.83%
Advance Technology Centre 2.0 %	392	1.2 %	948	2.0 %	+142.09%
Repairs & Service Charges & Miscellaneous 0.9 %	289	0.9 %	405	0.9 %	+40.38%
Export Incentives 0.5 %	155	0.5 %	226	0.5 %	+46.13%
Scrap 0.4 %	108	0.3 %	170	0.4 %	+56.47%

INR in Million	2022	Weight	2023	Weight	Delta
India 75.0 %	23,826	76.5 %	34,813	75.0 %	+46.11%
International 25.0 %	7,331	23.5 %	11,577	25.0 %	+57.91%

Managers	Title	Age	Since
Sanjay Jayavarthanavelu CEO	Chief Executive Officer	55	93-02-23
V. Senthil DFI	Director of Finance/CFO	45	19-08-02
Harikrishna R. CTO	Chief Tech/Sci/R&D Officer	54	19-08-18
C. R. Shiv Kumaran CMP	Compliance Officer	-	16-10-25
Sanjay Ahuja HRO	Human Resources Officer	44	21-04-30
Indraneel Bhattacharya PRN	Corporate Officer/Principal	59	93-02-07
S. Rajasekaran PRN	Corporate Officer/Principal	56	96-05-01

Members of the board	Title	Age	Since
Aditya Himatsingka BRD	Director/Board Member	60	10-10-24
Mukund Govind Rajan BRD	Director/Board Member	56	10-10-24
Sanjay Jayavarthanavelu CEO	Chief Executive Officer	55	93-02-23
Arun Alagappan BRD	Director/Board Member	47	16-10-25
Sundaram Pathy BRD	Director/Board Member	74	73-03-20
Aroon Raman BRD	Director/Board Member	64	22-05-10
Chitra Venkataraman BRD	Director/Board Member	72	15-02-01
Jaidev Jayavarthanavelu BRD	Director/Board Member	25	22-05-10
Sankar M. BRD	Director/Board Member	66	23-10-24

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	10,683,000	4,536,907 ( 42.47 %)	0	42.47 %

Name	Equities	%	Valuation
Lakshmi Cargo Co. Ltd. 10.08 %	1,076,368	10.08 %	196 M ₹
Lakshmi Tech & Engineer Industries Ltd. 6.523 %	696,862	6.523 %	127 M ₹
Nemish Shantilal Shah 5.613 %	599,673	5.613 %	109 M ₹
VOLTAS LIMITED 5.426 %	579,672	5.426 %	105 M ₹
THE LAKSHMI MILLS COMPANY LIMITED 4.868 %	520,000	4.868 %	95 M ₹
Life Insurance Corporation of India (Investment Portfolio) 4.652 %	496,921	4.652 %	90 M ₹
Gagandeep Credit Capital Pvt Ltd. 4.454 %	475,800	4.454 %	87 M ₹
Shah Nemish Shantilal Family 3.316 %	354,200	3.316 %	64 M ₹
The New India Assurance Co. Ltd. (Investment Portfolio) 3.091 %	330,170	3.091 %	60 M ₹
Shamyak Investment Pvt Ltd. 2.520 %	269,200	2.520 %	49 M ₹

Name	Equities	%	Valuation
SUPER SALES INDIA LIMITED 9.77%	300,000	9.77%	5,035,821 $

Lakshmi Machine Works Ltd.

34-A, Kamaraj Road

641018, Coimbatore

+91 42 2719 8100

http://www.lmwglobal.com

address Lakshmi Machine Works Limited(LAXMIMACH)

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

16,679 INR

Average target price

12,809 INR

Spread / Average Target

-23.20%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Industrial Machinery & Equipment

Industrial Machinery

	1st Jan change	Capi.
NORDSON CORPORATION	-1.42%	14.89B
HAITIAN INTERNATIONAL HOLDINGS LIMITED	+25.00%	4.92B
WUXI LEAD INTELLIGENT EQUIPMENT CO.,LTD.	-14.84%	4.68B
VALMET OYJ	-11.99%	4.52B
KRONES AG	+10.91%	4.18B
SUZHOU MAXWELL TECHNOLOGIES CO., LTD.	-17.31%	4.12B
TOMRA SYSTEMS ASA	+13.00%	3.73B
IHI CORPORATION	+29.08%	3.43B
KADANT INC.	+0.73%	3.31B

Industrial Machinery