New Risk • Jun 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹7.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹7.8m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. Market cap is less than US$10m (₹191.6m market cap, or US$2.03m). Tillkännagivande • May 08
Veejay Lakshmi Engineering Works Limited to Report Q4, 2026 Results on May 28, 2026 Veejay Lakshmi Engineering Works Limited announced that they will report Q4, 2026 results on May 28, 2026 Buy Or Sell Opportunity • Mar 27
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 43% to ₹29.03. The fair value is estimated to be ₹40.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 50%. Reported Earnings • Feb 19
Third quarter 2026 earnings released: ₹3.42 loss per share (vs ₹0.37 profit in 3Q 2025) Third quarter 2026 results: ₹3.42 loss per share (down from ₹0.37 profit in 3Q 2025). Revenue: ₹159.8m (down 30% from 3Q 2025). Net loss: ₹17.0m (down ₹18.4m from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 03
Now 29% overvalued Over the last 90 days, the stock has fallen 5.8% to ₹54.00. The fair value is estimated to be ₹41.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 55%. Tillkännagivande • Jan 23
Veejay Lakshmi Engineering Works Limited to Report Q3, 2026 Results on Feb 12, 2026 Veejay Lakshmi Engineering Works Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 11
Second quarter 2026 earnings released: ₹3.70 loss per share (vs ₹0.65 loss in 2Q 2025) Second quarter 2026 results: ₹3.70 loss per share (further deteriorated from ₹0.65 loss in 2Q 2025). Revenue: ₹204.8m (down 11% from 2Q 2025). Net loss: ₹17.5m (loss widened 495% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 20
Veejay Lakshmi Engineering Works Limited Announces Demise of Sri V.J.Jyaraman, the Non Executive Chairman Veejay Lakshmi Engineering Works Limited announced the sad demise of Sri V.J.Jyaraman,, the non executive chairman of the company passed away in the early hours of October 17, 2025 to age related ailment. he was 83 years and is related to Sri J.Anand, managing director, and Smt Arthi Anand, director. Tillkännagivande • Oct 16
Veejay Lakshmi Engineering Works Limited to Report Q2, 2026 Results on Nov 10, 2025 Veejay Lakshmi Engineering Works Limited announced that they will report Q2, 2026 results on Nov 10, 2025 Tillkännagivande • Aug 11
Veejay Lakshmi Engineering Works Limited, Annual General Meeting, Sep 11, 2025 Veejay Lakshmi Engineering Works Limited, Annual General Meeting, Sep 11, 2025, at 10:30 Indian Standard Time. Location: chamber towers,indian chamber, of commerce and industry,8/733, avinashi road, coimbatore-641018, coimbatore India Reported Earnings • Aug 08
First quarter 2026 earnings released: ₹3.38 loss per share (vs ₹3.31 loss in 1Q 2025) First quarter 2026 results: ₹3.38 loss per share. Revenue: ₹213.8m (up 34% from 1Q 2025). Net loss: ₹16.8m (loss narrowed 2.3% from 1Q 2025). Tillkännagivande • May 08
Veejay Lakshmi Engineering Works Limited to Report Q4, 2025 Results on May 29, 2025 Veejay Lakshmi Engineering Works Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 29, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.37 (vs ₹2.63 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹0.37 (up from ₹2.63 loss in 3Q 2024). Revenue: ₹242.7m (up 14% from 3Q 2024). Net income: ₹1.40m (up ₹15.3m from 3Q 2024). Profit margin: 0.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year. Tillkännagivande • Jan 18
Veejay Lakshmi Engineering Works Limited to Report Q4, 2025 Results on Feb 13, 2025 Veejay Lakshmi Engineering Works Limited announced that they will report Q4, 2025 results on Feb 13, 2025 New Risk • Nov 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹53m free cash flow). Market cap is less than US$10m (₹307.5m market cap, or US$3.64m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • Nov 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹53m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹53m free cash flow). Market cap is less than US$10m (₹280.7m market cap, or US$3.32m). Tillkännagivande • Oct 19
Veejay Lakshmi Engineering Works Limited to Report Q2, 2025 Results on Nov 11, 2024 Veejay Lakshmi Engineering Works Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Tillkännagivande • Aug 19
Veejay Lakshmi Engineering Works Limited, Annual General Meeting, Sep 13, 2024 Veejay Lakshmi Engineering Works Limited, Annual General Meeting, Sep 13, 2024, at 10:00 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2025 earnings released: ₹3.31 loss per share (vs ₹5.03 loss in 1Q 2024) First quarter 2025 results: ₹3.31 loss per share (improved from ₹5.03 loss in 1Q 2024). Revenue: ₹163.2m (down 13% from 1Q 2024). Net loss: ₹17.2m (loss narrowed 33% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jul 26
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 126% to ₹118. The fair value is estimated to be ₹95.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 57%. Buy Or Sell Opportunity • Jul 09
Now 25% undervalued Over the last 90 days, the stock has risen 27% to ₹64.76. The fair value is estimated to be ₹86.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 57%. New Risk • Jun 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (₹288.6m market cap, or US$3.45m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Jun 04
Full year 2024 earnings released: ₹8.98 loss per share (vs ₹27.60 loss in FY 2023) Full year 2024 results: ₹8.98 loss per share (improved from ₹27.60 loss in FY 2023). Revenue: ₹905.2m (up 42% from FY 2023). Net loss: ₹45.8m (loss narrowed 67% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Tillkännagivande • May 11
Veejay Lakshmi Engineering Works Limited to Report Q4, 2024 Results on May 29, 2024 Veejay Lakshmi Engineering Works Limited announced that they will report Q4, 2024 results on May 29, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: ₹2.63 loss per share (vs ₹6.27 loss in 3Q 2023) Third quarter 2024 results: ₹2.63 loss per share (improved from ₹6.27 loss in 3Q 2023). Revenue: ₹216.8m (up 57% from 3Q 2023). Net loss: ₹13.9m (loss narrowed 56% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 19
Veejay Lakshmi Engineering Works Limited to Report Q3, 2024 Results on Feb 08, 2024 Veejay Lakshmi Engineering Works Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 13
Second quarter 2024 earnings released: ₹2.45 loss per share (vs ₹11.82 loss in 2Q 2023) Second quarter 2024 results: ₹2.45 loss per share (improved from ₹11.82 loss in 2Q 2023). Revenue: ₹252.7m (up 19% from 2Q 2023). Net loss: ₹12.2m (loss narrowed 80% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Tillkännagivande • Oct 17
Veejay Lakshmi Engineering Works Limited to Report Q2, 2024 Results on Nov 09, 2023 Veejay Lakshmi Engineering Works Limited announced that they will report Q2, 2024 results on Nov 09, 2023 New Risk • Oct 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹95m free cash flow). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (₹210.6m market cap, or US$2.53m). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Tillkännagivande • Aug 18
Veejay Lakshmi Engineering Works Limited, Annual General Meeting, Sep 13, 2023 Veejay Lakshmi Engineering Works Limited, Annual General Meeting, Sep 13, 2023, at 10:30 Indian Standard Time. Location: Chamber Towers, Indian Chamber of Commerce & Industry, 8/733, Avinashi Road Coimbatore India Agenda: To consider and adopt the Annual Financial Statements including Statement of Profit and Loss, Cash Flow Statement for the year ended 31st March 2023, the Balance Sheet as on that date, the Report of Board of Directors and the Auditors' Report thereon; to appoint a Director in the place of Sri V.J. Jayaraman, who retires by rotation and being eligible, offers himself for re-appointment; and to discuss other matters. Tillkännagivande • Jul 18
Veejay Lakshmi Engineering Works Limited to Report Q1, 2024 Results on Aug 10, 2023 Veejay Lakshmi Engineering Works Limited announced that they will report Q1, 2024 results on Aug 10, 2023 New Risk • Jun 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹95m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹95m free cash flow). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (₹184.6m market cap, or US$2.24m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Tillkännagivande • May 30
Veejay Lakshmi Engineering Works Limited to Report Fiscal Year 2023 Results on May 25, 2023 Veejay Lakshmi Engineering Works Limited announced that they will report fiscal year 2023 results on May 25, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: ₹6.27 loss per share (vs ₹2.34 profit in 3Q 2022) Third quarter 2023 results: ₹6.27 loss per share (down from ₹2.34 profit in 3Q 2022). Revenue: ₹138.5m (down 41% from 3Q 2022). Net loss: ₹32.1m (down 374% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Krishnamoorthi Narendra was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Oct 27
Veejay Lakshmi Engineering Works Limited to Report Q1, 2023 Results on Nov 14, 2022 Veejay Lakshmi Engineering Works Limited announced that they will report Q1, 2023 results on Nov 14, 2022 Tillkännagivande • Sep 01
Veejay Lakshmi Engineering Works Limited, Annual General Meeting, Sep 28, 2022 Veejay Lakshmi Engineering Works Limited, Annual General Meeting, Sep 28, 2022, at 10:30 Indian Standard Time. Location: No.9, ARDRA Hall, Huzur Road, Coimbatore - 641 018 Coimbatore India Agenda: To consider and adopt the Annual Financial Statements including Statement of Profit and Loss, Cash Flow Statement for the year ended 31st March 2022, the Balance Sheet as on that date, the Report of Board of Directors and the Auditors' Report thereon; to appoint a Director in the place of Smt Arthi Anand (DIN 07151584), who retires by rotation and being eligible, offers herself for re-appointment; and to consider other matters. Reported Earnings • Aug 15
First quarter 2023 earnings released: ₹6.39 loss per share (vs ₹0.96 loss in 1Q 2022) First quarter 2023 results: ₹6.39 loss per share (down from ₹0.96 loss in 1Q 2022). Revenue: ₹179.2m (up 42% from 1Q 2022). Net loss: ₹32.7m (loss widened ₹27.4m from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 30% per year. Reported Earnings • May 07
Full year 2022 earnings released: EPS: ₹1.96 (vs ₹5.87 loss in FY 2021) Full year 2022 results: EPS: ₹1.96 (up from ₹5.87 loss in FY 2021). Revenue: ₹758.2m (up 48% from FY 2021). Net income: ₹9.96m (up ₹39.7m from FY 2021). Profit margin: 1.3% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 16% per year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Krishnamoorthi Narendra was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Apr 19
Veejay Lakshmi Engineering Works Limited to Report Q4, 2022 Results on May 05, 2022 Veejay Lakshmi Engineering Works Limited announced that they will report Q4, 2022 results on May 05, 2022 Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹2.34 (up from ₹0.70 in 3Q 2021). Revenue: ₹233.7m (up 64% from 3Q 2021). Net income: ₹11.9m (up 235% from 3Q 2021). Profit margin: 5.1% (up from 2.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 26% share price gain to ₹78.45, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 22% share price gain to ₹60.50, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 22% share price gain to ₹60.50, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 29% over the past three years. Tillkännagivande • May 16
Veejay Lakshmi Engineering Works Limited Announces Suspension of Production in Engineering Division Veejay Lakshmi Engineering Works Limited announced in view of severe 2nd wave of covid-19 pandemic the government of Tamil Nadu has declared lockdown an non-essential and non-continuous process manufacturing activities with effect from May 10, 2021 to May 23, 2021. The company has accordingly suspended production in its Engineering Division effective from May 13, 2021, after fulfilling on process commitments. Is New 90 Day High Low • Mar 05
New 90-day high: ₹29.80 The company is up 18% from its price of ₹25.20 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 28% over the same period. Tillkännagivande • Jan 19
Veejay Lakshmi Engineering Works Limited to Report Q3, 2021 Results on Feb 11, 2021 Veejay Lakshmi Engineering Works Limited announced that they will report Q3, 2021 results on Feb 11, 2021 Is New 90 Day High Low • Jan 15
New 90-day high: ₹28.95 The company is up 11% from its price of ₹26.00 on 16 October 2020. The Indian market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 33% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: ₹27.80 The company is up 11% from its price of ₹25.00 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 13% over the same period. Is New 90 Day High Low • Sep 22
New 90-day high: ₹27.55 The company is up 10.0% from its price of ₹24.95 on 24 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 14% over the same period. Tillkännagivande • Sep 04
Veejay Lakshmi Engineering Works Limited to Report Q1, 2021 Results on Sep 09, 2020 Veejay Lakshmi Engineering Works Limited announced that they will report Q1, 2021 results on Sep 09, 2020 
