Lakshmi Machine Works Limited operates within the Textile machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lakshmi Machine Works Limited with three other
textile machinery manufacturers in Asia:
Veejay Lakshmi Engineering Works Limited
sales of 813.57 million Indian Rupees [US$11.22 million]
Integra Engineering India Limited
(451.42 million Indian Rupees [US$6.23 million]
Shima Seiki Manufacturing Limited
based in Japan
(71.86 billion Japanese Yen [US$633.79 million]
of which 83%
was Flat Knitting Machine Business).
During the year ended March of 2018, sales at
Lakshmi Machine Works Limited were 26.43 billion Indian Rupees (US$364.47 million).
increase of 5.8%
versus 2017, when the company's sales were 24.99 billion Indian Rupees.
Sales of Advanced Technology saw an increase
that was more than double the company's growth rate: sales were up
137.0% in 2018, from
143.02 million Indian Rupees to 339.04 million Indian Rupees.
Lakshmi Machine Works Limited also saw significant increases in sales in
Machine Tool and Foundry Divisions (up 41.6% to 5.36 billion Indian Rupees)
Not all segments of Lakshmi Machine Works Limited experienced an increase in sales in 2018:
sales of Textile Machinery Division fell 5.5% to 19.19 billion Indian Rupees.