Lakshmi Machine Works Ltd Stock Analysis

BSE: 500252 | NSE: LAXMIMACH | Textile - Machinery | Mid Cap

BSE Share Price 29-Nov-2022 18:01
13154.60 53.10 (0.41%)

DeciZen - Make an Informed Decision on Lakshmi Machine Work

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Lakshmi Machine Work Price Chart

P/E Ratio (SA) :
46.18
Market Cap :
13,996.3 Cr.
52-wk low :
8,108.3
52-wk high :
13,627.7
Bole Toh?

1. Is Lakshmi Machine Works Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Lakshmi Machine Works Ltd is a average quality company.

2. Is Lakshmi Machine Works Ltd undervalued or overvalued?

The key valuation ratios of Lakshmi Machine Works Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Lakshmi Machine Works Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Lakshmi Machine Works Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Lakshmi Machine Work:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Lakshmi Machine Works Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 12.4%16.4%17.4%15.7%11.8%12.3%11.4%2%3.3%9.6%-
Value Creation Index -0.10.20.20.1-0.2-0.1-0.2-0.9-0.8-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,9172,2422,3852,5362,2132,4972,6361,5701,6903,0723,984
YoY Gr. Rt. %-16.9%6.4%6.3%-12.7%12.8%5.6%-40.4%7.6%81.8%-
Adj EPS 101.4149.1181.1191.8164.1182.2180.831.552.7169283.7
YoY Gr. Rt. %-47%21.5%5.9%-14.5%11%-0.8%-82.6%67.3%220.8%-
BVPS (₹) 852.3980.31,118.81,334.41,404.31,571.51,582.31,550.41,666.41,858.31,971
Adj Net Profit 11416820421618020019333.656.3181303
Cash Flow from Ops. 97.612510310013216512586.3156477-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.4%6.8%5.2%81.8%
Adj EPS 5.8%0.6%-2.2%220.8%
BVPS 9.15.85.511.5
Share Price 20.3% 17.8% 55.6% 57.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 12.316.317.315.611.812.211.323.39.614.8
Op. Profit Mgn % 1111.512.112.611.610.710.21.53.97.58.6
Net Profit Mgn % 67.58.68.58.187.32.13.35.97.6
Debt to Equity 00000000000
Working Cap Days 888495123178177172258232199161
Cash Conv. Cycle 71218181816121791549

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.80%

Sales growth is good in last 4 quarters at 75.11%

Sales growth has been subdued in last 3 years 5.23%

Net Profit has been subdued in last 3 years -2.23%

Latest Financials - Lakshmi Machine Works Ltd.

Standalone Consolidated
TTM EPS (₹) 283.7 303.3
TTM Sales (₹ Cr.) 3,984 4,105
BVPS (₹.) 1,971 1,990.7
Reserves (₹ Cr.) 2,095 2,116
P/BV 6.65 6.59
PE 46.18 43.26
From the Market
52 Week Low / High (₹) 8108.30 / 13627.70
All Time Low / High (₹) 52.50 / 13627.70
Market Cap (₹ Cr.) 13,996
Equity (₹ Cr.) 10.7
Face Value (₹) 10
Industry PE 27.8

Management X-Ray of Lakshmi Machine Work :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Lakshmi Machine Work

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Lakshmi Machine Works Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Lakshmi Machine Work on 29-Nov-2022 18:01 is : 13,154.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Nov-2022 18:01 the market cap of Lakshmi Machine Work stood at ₹ 13,996.3.
The latest PE ratio of Lakshmi Machine Work as of 29-Nov-2022 18:01 is 46.18.
The latest PB ratio of Lakshmi Machine Work as of 29-Nov-2022 18:01 is 6.65
The 52-week high of Lakshmi Machine Work is ₹ 13,627.7 and the 52-week low is ₹ 8,108.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Lakshmi Machine Work is ₹ 3,984 ( Cr.) .

About Lakshmi Machine Works Ltd

Lakshmi Machine Works Limited, a leading textile machinery manufacturer in India and one among the three in the world to produce the entire range of Spinning Machinery. In 1962, Lakshmi Machine Works (LMW) was founded to provide Indian textile mills with the latest Spinning Technology. It caters to the domestic market as well as exports products to the Asian and Oceanic regions.

LMW diversified into CNC Machine Tools and is a brand leader in manufacturing customised products. LMW Foundry makes Precision Castings for industries world over. LMW has added the Advanced Technology Centre to manufacture components for the aerospace industry.

Business area of the company

The company is engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings and parts and components for Aero space industry. The company caters to both domestic and international markets.

Business Division

  • Textile Machinery Division
  • Machine Tool Division
  • Foundry Division
  • Advanced Technology Centre

Awards

2014-15

  • TMMA, Apex Award for the year 2013-14
  • EEPC, Star Performer, Large Enterprises Regional Award for the year 2012-13
  • TMMA R & D Award for Ring Frame LRJ9

2015-16

  • EEPC Regional Export Award (Star Performer - Large Enterprise) for outstanding export performance during the year 2013-14
  • TMMA Segment Export Award under the category of Textile Machinery for the year 2014-15.
  • TMMA R&D Award for Card LC363 for the year 2014-15

2016-17

  • Star Performer Award for the year 2014-15 at the 47th EEPC India National Award.
  • Star Performer Award for the year 2015-16 at the 48th EEPC India National Award.
  • TMMA’s APEX Export Award for Textile Machinery & Parts during 2015-16.

2017-18

  • EEPC India Regional Award for outstanding export performance for the year 2015-16 (Star Performer - Large Enterprise).
  • TMMA R&D Award - Speed Frame LF 4200.
  • I - Mark recognition for good design - Mini Ring Frame LMR 9.

2018-19

  • TMMA Special Export Award 2017-18 - Spinning Machinery Sector
  • EEPC Southern Regional Award 2016-17 Star Performer - Large Enterprise
  • R&D Award from TMMA - for Draw frame LDF 3

2019-20

  • EEPC Regional Award under category “Star Performer-Large Enterprises” for the year 2017-18
  • TMMA “Segment Export Award” under the category Textile Machinery Sector for the year 2018-19
  • Gargi Huttenes-Albertus Green Foundry Award from Indian Institute of Foundrymen, Coimbatore Chapter
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