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 38.87 billion Japanese Yen [US$347.89 million]
of which 80%
was Textile Machinery),
Shima Seiki Manufacturing Limited
(49.58 billion Japanese Yen [US$443.76 million]
of which 76%
was Flat Knitting Machine Business), and
Stovec Industries Limited
(1.95 billion Indian Rupees [US$29.78 million]
During the year ended March of 2016, sales at
Lakshmi Machine Works Limited were 26.38 billion Indian Rupees (US$403.66 million).
increase of 6.0%
versus 2015, when the company's sales were 24.88 billion Indian Rupees.
This was the third consecutive year of growth at Lakshmi Machine Works Limited.
Sales of Advanced Technology saw an increase
that was more than double the company's growth rate: sales were up
16.1% in 2016, from
112.91 million Indian Rupees to 131.04 million Indian Rupees.
Not all segments of Lakshmi Machine Works Limited experienced an increase in sales in 2016:
sales of Machine Tool and Foundry Divisions fell 1.8% to 2.60 billion Indian Rupees.