Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹557, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 29x in the Machinery industry in India. Total returns to shareholders of 60% over the past year. Reported Earnings • Jun 26
Full year 2026 earnings released: EPS: ₹47.00 (vs ₹11.30 in FY 2025) Full year 2026 results: EPS: ₹47.00 (up from ₹11.30 in FY 2025). Revenue: ₹719.9m (up 44% from FY 2025). Net income: ₹270.4m (up 316% from FY 2025). Profit margin: 38% (up from 13% in FY 2025). Announcement • Jun 23
Laxmipati Engineering Works Limited, Annual General Meeting, Jul 17, 2026 Laxmipati Engineering Works Limited, Annual General Meeting, Jul 17, 2026, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹255, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 44% over the past year. Reported Earnings • May 27
Full year 2026 earnings released: EPS: ₹47.00 (vs ₹11.30 in FY 2025) Full year 2026 results: EPS: ₹47.00 (up from ₹11.30 in FY 2025). Revenue: ₹723.8m (up 45% from FY 2025). Net income: ₹270.4m (up 316% from FY 2025). Profit margin: 37% (up from 13% in FY 2025). Announcement • May 16
Laxmipati Engineering Works Limited to Report Second Half, 2026 Results on May 26, 2026 Laxmipati Engineering Works Limited announced that they will report second half, 2026 results on May 26, 2026 Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹305, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 27x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₹338, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 24x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹270, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 26x in the Machinery industry in India. Announcement • Jan 12
Laxmipati Engineering Works Limited Announces Executive Changes Laxmipati Engineering Works Limited accepted and approved the resignation of Ms. Darshana Hareshbhai Gorasiya (ACS: 73274) from the post of Company Secretary & Compliance Officer of the Company effective from the close of business hours on January 10, 2026. Ms. Darshana Hareshbhai Gorasiya resigned from her position due to personal reasons, effective from the close of business on January 10, 2026. Laxmipati Engineering Works Limited appointed Ms. Payu Bhardwaj (ACS: 79654) as Company Secretary and Compliance Officer of the Company effective January 11, 2026. CS Payu Bhardwaj is an Associate Member of the Institute of Company Secretaries of India (ICSI) and a Commerce Graduate from Veer Narmad South Gujarat University. She has exposure to corporate secretarial compliances, including matters under the Companies Act, 2013 and SEBI Regulations. The board meeting was held on January 10, 2026. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹403, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 29x in the Machinery industry in India. Reported Earnings • Nov 18
First half 2026 earnings released: EPS: ₹5.01 (vs ₹0.16 in 1H 2025) First half 2026 results: EPS: ₹5.01 (up from ₹0.16 in 1H 2025). Revenue: ₹284.4m (up 20% from 1H 2025). Net income: ₹28.8m (up ₹27.9m from 1H 2025). Profit margin: 10% (up from 0.4% in 1H 2025). The increase in margin was driven by higher revenue. New Risk • Nov 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). High level of non-cash earnings (34% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.94b market cap, or US$21.9m). Announcement • Nov 04
Laxmipati Engineering Works Limited to Report Q2, 2026 Results on Nov 12, 2025 Laxmipati Engineering Works Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹278, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 32x in the Machinery industry in India. Total returns to shareholders of 672% over the past three years. Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: ₹11.30 (vs ₹1.35 in FY 2024) Full year 2025 results: EPS: ₹11.30 (up from ₹1.35 in FY 2024). Revenue: ₹500.9m (up 25% from FY 2024). Net income: ₹65.0m (up ₹57.2m from FY 2024). Profit margin: 13% (up from 1.9% in FY 2024). The increase in margin was driven by higher revenue. Announcement • Jun 20
Laxmipati Engineering Works Limited, Annual General Meeting, Jul 17, 2025 Laxmipati Engineering Works Limited, Annual General Meeting, Jul 17, 2025. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹214, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 34x in the Machinery industry in India. Total returns to shareholders of 189% over the past year. Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹11.30 (vs ₹1.35 in FY 2024) Full year 2025 results: EPS: ₹11.30 (up from ₹1.35 in FY 2024). Revenue: ₹501.4m (up 25% from FY 2024). Net income: ₹65.0m (up ₹57.2m from FY 2024). Profit margin: 13% (up from 1.9% in FY 2024). The increase in margin was driven by higher revenue. Announcement • May 20
Laxmipati Engineering Works Limited to Report Second Half, 2025 Results on May 27, 2025 Laxmipati Engineering Works Limited announced that they will report second half, 2025 results on May 27, 2025 Announcement • Mar 18
Laxmipati Engineering Works Limited Announces Resignation of Krishna Papaiah Mekala from the Post of an Independent Director of the Company Laxmipati Engineering Works Limited Accepted the resignation of Mr. Krishna Papaiah Mekala from the post of an Independent director of the Company with effect from close of business hours on March 18, 2025. Consequently, the resignation of Mr. Krishna Papaiah Mekala has resulted in change in the composition of various committees, The company has three key board committees: the Audit Committee, the Nomination & Remuneration Committee, and the Stakeholders & Investors Grievance Committee. Each committee is composed primarily of independent directors, with Pratibha Pankaj Gulgulia serving on all three and chairing the Audit Committee, Sheetal Ashok Tayal chairing the Nomination & Remuneration and Stakeholders & Investors Grievance Committees, and Ashok Keshavdev Varshney serving as a member on all three. Rakeshkumar Govindprasad Sarawagi, a director, is a member of the Audit Committee. Mr. Krishna Papaiah Mekala has confirmed that there are no material reasons for his resignation other than those mentioned in the resignation letter. Announcement • Jan 10
Laxmipati Engineering Works Limited Announces Appointment of Darshana Hareshbhai Gorasiya as the Company Secretary and Compliance Officer Laxmipati Engineering Works Limited announced the appointment of Darshana Hareshbhai Gorasiya as the Company Secretary and Compliance Officer with effect from 10 January 2025. She is an associate member of the Institute of Company Secretaries of India (ICSI) and a Commerce Graduate from Veer Narmad South Gujarat University and has one year of experience in corporate secretarial compliance involving compliances relating to the Companies Act and SEBI Regulations. Announcement • Nov 30
Laxmipati Engineering Works Limited Announces Resignation of Divya Dilip Patil as Company Secretary and Compliance Officer Laxmipati Engineering Works Limited announced that Ms. Divya Dilip Patil, Company Secretary and Compliance Officer of the Company has tendered her resignation from that position, vide letter dated 30 November, 2024 and will be relieved from the services of the Company with effect from close of business hours on 30th November, 2024. Ms. Divya Dilip Patil, Company Secretary and Compliance Officer has confirmed that there is no other material reason for her resignation other than those provided in resignation letter. Reason for change: Ms. Divya Dilip Patil has resigned from the post of Company Secretary and Compliance Officer due to her personal reasons. Date of cessation: Cessation with effect from close of business hours of 30th November, 2024. Announcement • Nov 06
Laxmipati Engineering Works Limited to Report First Half, 2025 Results on Nov 12, 2024 Laxmipati Engineering Works Limited announced that they will report first half, 2025 results on Nov 12, 2024 Announcement • Oct 12
Laxmipati Engineering Works Limited Announces Appointment of Divya Dilip Patil as Company Secretary and Compliance Officer Laxmipati Engineering Works Limited at the Board of Directors at meeting held on October 12, 2024 approved appointment of Ms. Divya Dilip Patil as Company Secretary and Compliance Officer of the company. Date of appointment effective 12 October, 2024. She is an associate member of the Institute of Company Secretaries of India (ICSI) and also a Law Graduate from Veer Narmad South Gujarat University. She has an experience of 4 years in corporate secretarial compliance involving compliances relating to the Companies Act and SEBI Regulations. Announcement • Sep 02
Laxmipati Engineering Works Limited, Annual General Meeting, Sep 28, 2024 Laxmipati Engineering Works Limited, Annual General Meeting, Sep 28, 2024, at 12:00 Indian Standard Time. Announcement • Aug 31
Laxmipati Engineering Works Limited Announces Resignation of Gaurav Rajesh Jhunjhunwala as Company Secretary and Compliance Officer Laxmipati Engineering Works Limited informed that Mr. Gaurav Rajesh Jhunjhunwala, Company Secretary and Compliance Officer of the Company has tendered his resignation from that position Secretary to pursue new challenges and alternate career opportunities, vide his letter dated 30 August, 2024 and will be relieved from the services of the Company effective close of business hours on 31 August, 2024. Mr. Gaurav Rajesh Jhunjhunwala, Company Secretary and Compliance Officer has confirmed that there is no other material reason for his resignation other than those provided in resignation letter. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹73.86, the stock trades at a trailing P/E ratio of 54.8x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 195% over the past three years. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹1.35 (vs ₹8.22 loss in FY 2023) Full year 2024 results: EPS: ₹1.35 (up from ₹8.22 loss in FY 2023). Revenue: ₹403.2m (up 165% from FY 2023). Net income: ₹7.75m (up ₹55.0m from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • May 22
Laxmipati Engineering Works Limited to Report Second Half, 2024 Results on May 28, 2024 Laxmipati Engineering Works Limited announced that they will report second half, 2024 results on May 28, 2024 Announcement • Oct 31
Laxmipati Engineering Works Limited to Report First Half, 2024 Results on Nov 07, 2023 Laxmipati Engineering Works Limited announced that they will report first half, 2024 results on Nov 07, 2023 Announcement • Aug 18
Laxmipati Engineering Works Limited, Annual General Meeting, Sep 15, 2023 Laxmipati Engineering Works Limited, Annual General Meeting, Sep 15, 2023, at 13:00 Indian Standard Time. Announcement • May 17
Laxmipati Engineering Works Limited to Report Second Half, 2023 Results on May 23, 2023 Laxmipati Engineering Works Limited announced that they will report second half, 2023 results on May 23, 2023 Announcement • Nov 13
Laxmipati Engineering Works Limited Announces Executive Changes, Effective November 12, 2022 Laxmipati Engineering Works Limited informed that the Board of Directors at their meeting held on, 12th November, 2022. approved resignation of Mr. Amit Khandelwal from the post of Compliance Officer is accepted with effect from November 12, 2022 and appointment of Mr. Gaurav Rajesh Jhunjhunwala as Company Secretary and Compliance Officer of the Company. Mr. Gaurav Rajesh Jhunjhunwala is associate member of Institute of Company Secretaries of India, B.Com graduate and also pursuing Bachelors of Law (LLB) and having good knowledge of Corporate Laws. Announcement • Nov 05
Laxmipati Engineering Works Limited to Report First Half, 2023 Results on Nov 12, 2022 Laxmipati Engineering Works Limited announced that they will report first half, 2023 results on Nov 12, 2022 
