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Lakshmi Machine Works Limited Company Snapshot
Lakshmi Machine Works Limited is an India-based holding company. The Company is engaged in the manufacturing and selling of textile spinning machinery, computer numerical control machine tools, heavy castings, and parts and components for aerospace industry. Its segments include Textile Machinery Division; Machine Tool & Foundry Division, and Advanced Technology Centre for Aero Space-Parts & Components. Its textile machinery range of products includes Card Sliver System, such as Vario Clean LB9/2; Combing System, including Comber LK69, and Ring Spinning System, such as Ring Frame LR60 Series. It offers machine tool products, such as turning, milling and turn mills. Its foundry products include ductile iron castings and grey iron castings. The Advanced Technology Centre specializes in the manufacture and supply of parts and components required for the aerospace industry. Its products and services include aero structure components, aero engine components and sheet metal fabrications.

Sales Analysis. During the year ended March of 2018, sales at Lakshmi Machine Works Limited were 26.43 billion Indian Rupees (US$367.64 million). This is an 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.
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Lakshmi Machine Works Limited
  Stock Performance Chart for Lakshmi Machine Works Limited
  Stock Data: Recent Stock Performance:
  Current Price (9/14/2018): 7,042.60
(Figures in Indian Rupees)
1 Week -0.5%   13 Weeks -0.6%  
4 Weeks -12.8%   52 Weeks 17.1%  
Lakshmi Machine Works Limited Key Data:
  Ticker: LAXMIMACH Country: India
  Exchanges: BOM Major Industry: Capital Goods
    Sub Industry: Textile Machinery
  2018 Sales 26,429,711,000
(Year Ending Jan 2019).
Employees: 3,446
  Currency: Indian Rupees Market Cap: 77,155,232,470
  Fiscal Yr Ends: March Shares Outstanding: 10,955,504
  Share Type: Ordinary Closely Held Shares: 5,266,848
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