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:
sales of 39.69 billion Japanese Yen [US$356.78 million]
Shima Seiki Manufacturing Limited
(62.43 billion Japanese Yen [US$561.26 million]
of which 81%
was Flat Knitting Machine Business), and
Veejay Lakshmi Engineering Works Limited
(915.52 million Indian Rupees [US$14.33 million]
During the year ended March of 2017, sales at
Lakshmi Machine Works Limited were 24.99 billion Indian Rupees (US$391.13 million).
decrease of 5.3%
versus 2016, when the company's sales were 26.38 billion Indian Rupees.
Contributing to the drop in overall sales was the 11.9% decline
in Textile Machinery Division, from 23.04 billion Indian Rupees to 20.30 billion Indian Rupees.
However, these declines were partially offset by the increase in sales of
Machine Tool and Foundry Divisions (up 45.5% to 3.78 billion Indian Rupees)
Advanced Technology (up 9.1% to 143.02 million Indian Rupees)