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Lakshmi Machine Works NSEI:LAXMIMACH Stock Report

Last Price

₹15.09k

Market Cap

₹172.4b

7D

-4.4%

1Y

30.5%

Updated

04 Jun, 2024

Data

Company Financials +

Lakshmi Machine Works Limited

NSEI:LAXMIMACH Stock Report

Market Cap: ₹172.4b

LAXMIMACH Stock Overview

Manufactures and sells textile machinery, CNC machine tools, castings, and components for the aerospace industry in India.

LAXMIMACH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance1/6
Financial Health6/6
Dividends3/6

Lakshmi Machine Works Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lakshmi Machine Works
Historical stock prices
Current Share Price₹15,090.55
52 Week High₹17,794.15
52 Week Low₹11,450.05
Beta0.39
1 Month Change-11.02%
3 Month Change4.32%
1 Year Change30.49%
3 Year Change125.57%
5 Year Change181.37%
Change since IPO2,616.25%

Recent News & Updates

Recent updates

Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Have More To Worry About Than Only Soft Earnings

Jun 04
Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Have More To Worry About Than Only Soft Earnings

Bearish: Analysts Just Cut Their Lakshmi Machine Works Limited (NSE:LAXMIMACH) Revenue and EPS estimates

Jun 02
Bearish: Analysts Just Cut Their Lakshmi Machine Works Limited (NSE:LAXMIMACH) Revenue and EPS estimates

Lakshmi Machine Works Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jun 01
Lakshmi Machine Works Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Will Receive A Smaller Dividend Than Last Year

May 30
Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Will Receive A Smaller Dividend Than Last Year

Return Trends At Lakshmi Machine Works (NSE:LAXMIMACH) Aren't Appealing

Apr 29
Return Trends At Lakshmi Machine Works (NSE:LAXMIMACH) Aren't Appealing

Here's Why We Think Lakshmi Machine Works (NSE:LAXMIMACH) Might Deserve Your Attention Today

Apr 01
Here's Why We Think Lakshmi Machine Works (NSE:LAXMIMACH) Might Deserve Your Attention Today

Investors Met With Slowing Returns on Capital At Lakshmi Machine Works (NSE:LAXMIMACH)

Jan 17
Investors Met With Slowing Returns on Capital At Lakshmi Machine Works (NSE:LAXMIMACH)

Subdued Growth No Barrier To Lakshmi Machine Works Limited's (NSE:LAXMIMACH) Price

Dec 30
Subdued Growth No Barrier To Lakshmi Machine Works Limited's (NSE:LAXMIMACH) Price

Lakshmi Machine Works (NSE:LAXMIMACH) Shareholders Will Want The ROCE Trajectory To Continue

Oct 10
Lakshmi Machine Works (NSE:LAXMIMACH) Shareholders Will Want The ROCE Trajectory To Continue

Should You Be Adding Lakshmi Machine Works (NSE:LAXMIMACH) To Your Watchlist Today?

Sep 20
Should You Be Adding Lakshmi Machine Works (NSE:LAXMIMACH) To Your Watchlist Today?

Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 11
Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Will Receive A Bigger Dividend Than Last Year

Lakshmi Machine Works (NSE:LAXMIMACH) Is Paying Out A Larger Dividend Than Last Year

Jun 27
Lakshmi Machine Works (NSE:LAXMIMACH) Is Paying Out A Larger Dividend Than Last Year

Lakshmi Machine Works (NSE:LAXMIMACH) Has Announced That It Will Be Increasing Its Dividend To ₹98.50

Jun 10
Lakshmi Machine Works (NSE:LAXMIMACH) Has Announced That It Will Be Increasing Its Dividend To ₹98.50

Lakshmi Machine Works (NSE:LAXMIMACH) Will Pay A Larger Dividend Than Last Year At ₹98.50

May 27
Lakshmi Machine Works (NSE:LAXMIMACH) Will Pay A Larger Dividend Than Last Year At ₹98.50

Return Trends At Lakshmi Machine Works (NSE:LAXMIMACH) Aren't Appealing

May 03
Return Trends At Lakshmi Machine Works (NSE:LAXMIMACH) Aren't Appealing

Should You Be Adding Lakshmi Machine Works (NSE:LAXMIMACH) To Your Watchlist Today?

Feb 06
Should You Be Adding Lakshmi Machine Works (NSE:LAXMIMACH) To Your Watchlist Today?

Lakshmi Machine Works (NSE:LAXMIMACH) Has Some Way To Go To Become A Multi-Bagger

Jan 15
Lakshmi Machine Works (NSE:LAXMIMACH) Has Some Way To Go To Become A Multi-Bagger

Here's Why Lakshmi Machine Works (NSE:LAXMIMACH) Has Caught The Eye Of Investors

Oct 13
Here's Why Lakshmi Machine Works (NSE:LAXMIMACH) Has Caught The Eye Of Investors

Investors Met With Slowing Returns on Capital At Lakshmi Machine Works (NSE:LAXMIMACH)

Aug 15
Investors Met With Slowing Returns on Capital At Lakshmi Machine Works (NSE:LAXMIMACH)

Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00

Jul 08
Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00

Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00

Jun 24
Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00

Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00

May 15
Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00

Investors Could Be Concerned With Lakshmi Machine Works' (NSE:LAXMIMACH) Returns On Capital

Mar 23
Investors Could Be Concerned With Lakshmi Machine Works' (NSE:LAXMIMACH) Returns On Capital

Be Wary Of Lakshmi Machine Works (NSE:LAXMIMACH) And Its Returns On Capital

Dec 17
Be Wary Of Lakshmi Machine Works (NSE:LAXMIMACH) And Its Returns On Capital

Estimating The Intrinsic Value Of Lakshmi Machine Works Limited (NSE:LAXMIMACH)

Nov 19
Estimating The Intrinsic Value Of Lakshmi Machine Works Limited (NSE:LAXMIMACH)

Lakshmi Machine Works (NSE:LAXMIMACH) Could Be Struggling To Allocate Capital

Sep 16
Lakshmi Machine Works (NSE:LAXMIMACH) Could Be Struggling To Allocate Capital

What Can We Make Of Lakshmi Machine Works' (NSE:LAXMIMACH) CEO Compensation?

Feb 17
What Can We Make Of Lakshmi Machine Works' (NSE:LAXMIMACH) CEO Compensation?

What Type Of Shareholders Make Up Lakshmi Machine Works Limited's (NSE:LAXMIMACH) Share Registry?

Jan 13
What Type Of Shareholders Make Up Lakshmi Machine Works Limited's (NSE:LAXMIMACH) Share Registry?

Should Lakshmi Machine Works (NSE:LAXMIMACH) Be Disappointed With Their 32% Profit?

Nov 21
Should Lakshmi Machine Works (NSE:LAXMIMACH) Be Disappointed With Their 32% Profit?

What Is The Ownership Structure Like For Lakshmi Machine Works Limited (NSE:LAXMIMACH)?

Sep 29
What Is The Ownership Structure Like For Lakshmi Machine Works Limited (NSE:LAXMIMACH)?

Should You Buy Lakshmi Machine Works Limited (NSE:LAXMIMACH) For Its Dividend?

Aug 25
Should You Buy Lakshmi Machine Works Limited (NSE:LAXMIMACH) For Its Dividend?

Shareholder Returns

LAXMIMACHIN MachineryIN Market
7D-4.4%1.9%1.4%
1Y30.5%80.3%45.3%

Return vs Industry: LAXMIMACH underperformed the Indian Machinery industry which returned 80.3% over the past year.

Return vs Market: LAXMIMACH underperformed the Indian Market which returned 45.3% over the past year.

Price Volatility

Is LAXMIMACH's price volatile compared to industry and market?
LAXMIMACH volatility
LAXMIMACH Average Weekly Movement4.1%
Machinery Industry Average Movement7.0%
Market Average Movement6.5%
10% most volatile stocks in IN Market9.4%
10% least volatile stocks in IN Market4.2%

Stable Share Price: LAXMIMACH has not had significant price volatility in the past 3 months.

Volatility Over Time: LAXMIMACH's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19623,418Sanjay Jayavarthanaveluwww.lmwglobal.com

Lakshmi Machine Works Limited, together with its subsidiaries, manufactures and sells textile machinery, CNC machine tools, castings, and components for the aerospace industry in India. The company operates through Textile Machinery Division, Machine Tool & Foundry Division, and Advanced Technology Centre segments. It offers textile machinery products, such as card sliver, combing system, ring and compact spinning, mill network systems, and blending solutions.

Lakshmi Machine Works Limited Fundamentals Summary

How do Lakshmi Machine Works's earnings and revenue compare to its market cap?
LAXMIMACH fundamental statistics
Market cap₹172.44b
Earnings (TTM)₹3.74b
Revenue (TTM)₹48.39b

43.0x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LAXMIMACH income statement (TTM)
Revenue₹48.39b
Cost of Revenue₹29.74b
Gross Profit₹18.65b
Other Expenses₹14.92b
Earnings₹3.74b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)349.77
Gross Margin38.55%
Net Profit Margin7.72%
Debt/Equity Ratio0%

How did LAXMIMACH perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

27%

Payout Ratio

Does LAXMIMACH pay a reliable dividends?

See LAXMIMACH dividend history and benchmarks
When do you need to buy LAXMIMACH by to receive an upcoming dividend?
Lakshmi Machine Works dividend dates
Ex Dividend DateJul 24 2024
Dividend Pay DateAug 30 2024
Days until Ex dividend49 days
Days until Dividend pay date86 days

Does LAXMIMACH pay a reliable dividends?

See LAXMIMACH dividend history and benchmarks
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