Lokesh Machines was incorporated as a public limited company on December 17, 1983 in Hyderabad under the Companies Act, 1956 and obtained certificate for commencement of business on February 9, 1984. The Company is listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). 

Lokesh Machines (LML) has established itself as a specialist in manufacturing CNC Machines and Special Purpose Machines, Auto components and small arms. The company excels in producing Finish Cam & Crank Boring, Finish Barrel Boring, and Finish Joint Faces Milling machines besides the regular General-Purpose machines. It serves a diverse range of industries including automotive, agri-implements, gas turbines, aerospace, defence, medical devices and railways. Renowned as a leading exporter of CNC machines, it has built a robust global presence in markets such as Turkey, Italy, USA, the Middle East, etc. supported by a widespread dealer network spanning South Africa, Italy, Turkey, and Bahrain.

Business area of the company

The company is engaged in the business of manufacture of Special Purpose Machines (SPM), General Purpose Machines/CNC Lathes (GPM), Connecting Rods and machining of Cylinder Blocks and Heads. It exports CNC machines to Japan, Germany, Netherlands, Italy, Turkey. The company is a leader in Cam & Crank borers, Fine borers & Finish Milling machines.

Products of the company

CNC machines manufacturer

• CNC turning centers
• Vertical machining centres
• Drill and tap centres
• Vertical turning lathe
• Horizontal machining centres

Special purpose machines

• Transfer lines
• Milling machines
• Drilling machines
• Boring machines

Automation

• Gantry automation
• Robotic automation
• 4th axis automation
• Customization of standard machines

Auto components

• Cylinder blocks
• Cylinder heads
• Connecting rods

History and milestones

• 1983-84: Incorporation of the company- Certificate of Commencement of Business
• 1988-89: Entry into auto market, order received from Bajaj Auto - company achieves landmark of Rs. 1 crore turnover.
• 1994-95: Turnover exceeds Rs. 5 crores for the first time- formation of auto component division.
• 1995-96: Contract signed with Mahindra & Mahindra for machining cylinder blocks (1st line)- Bagged orders from Ashok Leyland and Escorts for SPMs- Investment in the shares of the company by Gujarat Venture Finance Ltd.
• 1996-97: Crossed landmark of Rs 10 crore turnovers.
• 1997-98: Formation of CNC Division.- Bagged orders for CNC Lathes from Bharat Forge
• 1998-99: Formation of countrywide Dealer Network for CNC Division- Turnkey Contract signed with L & T John Deere Ltd. for total cylinder block semi automatic line supply.
• 1999-2000: Crossed the landmark of Rs 20 crore turnover- Bagged and executed the first export order.
• 2000-01: Signed contract for machining 2nd and 3rd machining line for Mahindra &Mahindra Cylinder Blocks.
• 2002-03:  Best Exporter Award from Dr Sir M Visveswaraaiah Industrial Awards in the year 2001.
• 2003-04: Japanese Auto major Honda Motors placed order with the company for supply of CNC machines to its Indian company. Tie up with Howa Machine Corporation Japan for manufacture of High-Speed Vertical Machining Centre for re-export.- Rs. 50 crore turnover achieved.- Certification for ISO 9001-2000 received for Machine Tool Division and QS - 9000 for Auto Components Division.
• 2004-05: Export of 2 machines to AVM Angelini, Italy- Doubled capacity for supply of cylinder blocks to Mahindra & Mahindra - Export orders bagged for 25 machines valued at 375,000 Euro.
• 2005-06: Bagged confirmed export orders for 42 machines valued at 630,000 Euro- Contract finalized with M/s Wenig-Wemas for export of lathes and VMCs to Europe- Recommendation obtained for TS-16949:2002 certification for quality management system for machining of automotive components.
• 2023-24: The company has secured a commercial license for small arms manufacturing from the Ministry of Home Affairs and delivered over 100 weapon sets to government agencies.
• 2023-24: The company unveiled India's first indigenous Laser-Based Direct Energy Deposition Hybrid Additive Manufacturing Machine for metals.
• 2023-24: The company has started manufacturing forgings for the automotive sector.
• 2023-24: The company has allotted 6,00,000 equity shares and 15,00,000 warrants on a preferential basis to the members of the Promoters Group and Non-Promoters.
• 2023-24: The company has supplied a pilot lot of CNC machines to USA, marking a significant development and paving the way for increased orders in the coming months.