Is Lokesh Machines Ltd (LOKESHMACH) a good quality company?

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

Is Lokesh Machines Ltd (LOKESHMACH) undervalued or overvalued?

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

What is Lokesh Machines Ltd (LOKESHMACH) share price return in the past 10 years?

Lokesh Machines Ltd share price has appreciated 13.1% annually (CAGR) over the past ten years.

Is Lokesh Machines Ltd (LOKESHMACH) a good buy now?

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

What is the share price of Lokesh Machines Ltd (LOKESHMACH)?

Company share prices are keep on changing according to the market conditions. The current trading price of Lokesh Machines Ltd (LOKESHMACH) on 17-Apr-2026 16:59:59 at 16:59 is 276.65.

What is the P/E ratio of Lokesh Machines?

The latest standalone P/E ratio of Lokesh Machines as of 17-Apr-2026 is 302.14.

What is the P/B ratio of Lokesh Machines Ltd (LOKESHMACH)?

The latest standalone P/B ratio of Lokesh Machines Ltd (LOKESHMACH) as of 17-Apr-2026 is 2.44.

What is the 52-week high and low of Lokesh Machines Ltd (LOKESHMACH)?

The 52-week high of Lokesh Machines Ltd (LOKESHMACH) is Rs. 283.45 and the 52-week low is Rs. 138.00.

Lokesh Machines Ltd (LOKESHMACH) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Lokesh Machines Ltd (LOKESHMACH)
Brand: Lokesh Machines

Key Metrics

Market Cap

₹553 Cr.

P/E Ratio

302.14

Price to Book (P/B)

2.44

Price to Sales (P/S)

2.94

EV/EBITDA

19.47

Return on Capital Employed (ROCE)

4.87%

Current Price

₹276.7

Return on Equity (ROE)

0.27%

Return on Assets (ROA)

0.13%

Operating Profit Margin

12.5%

Net Profit Margin

0.24%

Gross Profit Margin

5.5%

Book Value per Share

₹113.2

Sales Growth (YoY)

-22.22%

Sales Growth (3 Years)

4.19%

Operating Profit Growth (1 Year)

-29.39%

Operating Profit Growth (3 Years)

-1.47%

Net Profit Growth (1 Year)

-96.1%

52-Week Low / High

₹138 / 283

Net Profit Growth (3 Years)

-56.1%

Dividend Yield

0.00%

Promoter Holding

53.60%

Pledged shares (%)
of Promoter's holding (%)

15.33%

Check Before You Invest

Q.1 Revenue growth of Lokesh Machines Ltd?

Lokesh Machines Ltd revenue growth is -22.2% for FY-2025 , which is below its 5 year CAGR of 12.7% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Lokesh Machines Ltd?

Promoters hold 53.60% of the Lokesh Machines Ltd, with 14.54% of their stake pledged, indicating high pledge risk.

Q.1 Revenue growth of Lokesh Machines Ltd vs industry peers?

Lokesh Machines Ltd revenue CAGR is 12.65% , compared to the industry median CAGR of 1.47% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Lokesh Machines Ltd belong to?

Lokesh Machines Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Engineering - Industrial Equipments segment.

Q.1 Stock return of Lokesh Machines Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 13% based on the current price.

DeciZen - make an informed investing decision on Lokesh Machines

Based on:

Data

Overall Rating ⓘ
Login to view analysis.

1. Quality

2. Valuation

3. Price Trend

okesh Machines stock performance

Key Ratios

Is Lokesh Machines Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	8.5%	8.8%	9.5%	10.4%	1.7%	8%	9.3%	10.5%	11.4%	4.9%	-
Value Creation Index ⓘ	-0.4	-0.4	-0.3	-0.3	-0.9	-0.4	-0.3	-0.3	-0.2	-0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	121	132	175	190	126	150	202	240	294	228	188
Sales YoY Gr.	-	8.9%	32.8%	8.9%	-33.9%	19.4%	34.4%	19.1%	22.2%	-22.2%	-
Adj EPS ⓘ	1.5	1.2	2.5	3.7	-2.7	2.2	3.5	4.8	7.4	0.3	0.9
YoY Gr.	-	-24%	110.3%	51.6%	-171.6%	NA	56.3%	37.8%	55%	-96.6%	-
BVPS (₹) ⓘ	77.1	74	76.9	80.5	77.6	80	83.4	88.8	101	108	113.2
Adj Net Profit ⓘ	2.3	2	4.4	6.7	-4.8	4	6.2	8.6	13.7	0.5	2
Cash Flow from Ops. ⓘ	16.8	21.1	30.4	31.2	11.4	9.3	23.1	31.6	17.4	20.9	-
Debt/CF from Ops. ⓘ	6.7	4.6	2.8	2.5	7	9.3	3.8	2.8	6.8	6.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.3%	12.7%	4.2%	-22.2%
Adj EPS ⓘ	-18.3%	NA	-58.4%	-96.6%
BVPSⓘ	3.8%	6.8%	9%	6.9%
Share Price	13.1%	40.7%	27.4%	67.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	2.1	1.6	3.3	4.7	-3.4	2.8	4.3	5.6	7.7	0.2	0.8
Op. Profit Mgn % ⓘ	21.1	21.1	16.3	16.5	9.6	16.9	14.8	12	13.8	12.5	18.7
Net Profit Mgn % ⓘ	1.9	1.5	2.5	3.5	-3.8	2.7	3.1	3.6	4.7	0.2	1
Debt to Equity ⓘ	1	0.8	0.6	0.5	0.6	0.6	0.6	0.6	0.6	0.6	-
Working Cap Days ⓘ	383	368	273	246	374	320	250	222	198	271	216
Cash Conv. Cycle ⓘ	186	182	144	135	224	201	163	144	123	173	66

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.9	-
TTM Sales (₹ Cr.)	188	-
BVPS (₹) ⓘ	113.2	-
Reserves (₹ Cr.) ⓘ	206	-
P/BV ⓘ	2.44	-
PE ⓘ	302.14	-

From the Market
52 Week Low / High (₹)	138.00 / 283.45
All Time Low / High (₹)	12.80 / 475.00
Market Cap (₹ Cr.)	553
Equity (₹ Cr.)	20
Face Value (₹)	10
Industry PE ⓘ	55.2

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

12.52

6.69

7.54

7.14

8.00

14.84

14.54

15.33

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

Valuation of Lokesh Machines - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	121	132	175	190	126	150	202	240	294	228
Operating Expenses ⓘ +	96	104	146	159	114	125	172	212	253	200
Manufacturing Costs	13	15	18	22	17	17	22	29	30	28
Material Costs	62	64	93	98	60	73	109	137	167	117
Employee Cost	24	26	30	31	30	27	37	46	54	53
Other Costs ⓘ	-3	-1	5	8	7	9	4	0	1	1
Operating Profit ⓘ	25	28	29	31	12	25	30	29	40	28
Operating Profit Margin (%)	21.0%	21.1%	16.3%	16.4%	9.6%	16.6%	14.7%	11.9%	13.7%	12.5%
Other Income ⓘ +	1	0	1	1	0	1	1	4	2	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	2	0	0
Interest ⓘ	15	17	14	13	12	12	12	11	11	15
Depreciation ⓘ	7	8	8	9	9	8	9	9	10	14
Profit Before Tax ⓘ	4	3	7	10	-8	5	9	15	21	1
Tax ⓘ	1	1	2	3	-3	1	3	5	7	0
Profit After Tax	2	2	5	7	-5	4	6	10	14	1
PAT Margin (%)	1.8%	1.6%	2.7%	3.6%	-3.7%	2.6%	3.1%	4.0%	4.7%	0.2%
Adjusted EPS (₹)	1.5	1.2	2.6	3.8	-2.6	2.2	3.6	5.4	7.5	0.3
Dividend Payout Ratio (%)	34%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	113	126	138	144	139	143	149	159	187	209
Share Capital ⓘ	15	17	18	18	18	18	18	18	18	19
Reserves ⓘ	99	109	120	126	121	125	131	141	168	190
Debt +	97	84	72	71	75	80	80	81	107	117
Long Term Debt	27	19	8	7	14	23	24	21	45	51
Short Term Debt	70	66	65	64	62	57	56	60	62	66
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	30	29	28	37	28	27	28	30	37	36
Others Liabilities ⓘ	57	56	42	36	36	36	37	57	60	65
Total Liabilities ⓘ	297	295	280	288	278	287	294	326	391	428
Fixed Assets
Net Fixed Assets ⓘ +	99	86	109	102	100	116	117	122	171	204
Gross Block	185	176	205	208	214	231	240	253	311	357
Accumulated Depreciation	87	91	97	106	115	115	123	130	140	154
CWIP ⓘ	29	41	19	25	26	5	7	16	16	7
Investments ⓘ	6	2	2	2	2	2	2	1	1	1
Inventories	91	96	96	96	99	99	98	112	117	137
Trade Receivables	30	27	25	38	29	40	44	41	48	40
Cash Equivalents	3	2	3	4	3	6	5	7	8	9
Others Assets ⓘ	41	42	27	22	20	19	22	27	28	29
Total Assets ⓘ	297	295	280	288	278	287	294	326	391	428

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	17	21	30	31	11	9	23	32	17	21
PBT ⓘ	4	3	7	10	-8	5	9	15	21	1
Adjustment ⓘ	23	25	22	21	20	21	21	17	21	29
Changes in Working Capital ⓘ	-8	-5	2	2	3	-16	-6	4	-22	-5
Tax Paid ⓘ	-1	-1	-1	-2	-3	-1	-1	-3	-2	-4
Cash Flow From Investing Activity ⓘ +	-12	-7	-5	-10	-2	-4	-11	-22	-60	-37
Capex	-14	-7	-6	-10	-3	-1	-12	-23	-59	-37
Net Investments	2	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	-1	1	-3	1	1	-0	0
Cash Flow From Financing Activity ⓘ +	-14	-15	-24	-21	-9	-5	-12	-10	42	16
Net Proceeds from Shares ⓘ	11	16	0	0	0	0	0	0	15	16
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-20	-15	-15	-14	-11	-13	-12	-11	-11	-15
Dividend Paid ⓘ	-1	-1	0	0	-0	-0	-0	-0	-0	0
Others ⓘ	-4	-15	-9	-7	2	8	0	1	39	16
Net Cash Flow ⓘ	-9	-0	1	-0	-0	-0	-0	0	-0	-0

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	2.03	1.76	3.57	4.8	-3.31	2.81	4.34	6.28	8.01	0.27
ROCE (%)	8.46	8.81	9.49	10.42	1.65	7.98	9.25	10.45	11.42	4.87
Asset Turnover Ratio	0.51	0.54	0.73	0.79	0.52	0.62	0.81	0.91	0.96	0.66
PAT to CFO Conversion(x)	8.5	10.5	6	4.43	N/A	2.25	3.83	3.2	1.21	21
Working Capital Days
Receivable Days	63	63	45	51	83	72	65	55	47	60
Inventory Days	217	211	168	155	240	207	153	136	122	172
Payable Days	165	167	111	121	197	137	91	77	72	114

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Lokesh Machines Ltd FAQs

The current trading price of Lokesh Machines on 17-Apr-2026 16:59 is ₹276.6.

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 16-Apr-2026 the market cap of Lokesh Machines stood at ₹553.2 Cr

The latest P/E ratio of Lokesh Machines as of 16-Apr-2026 is 302.1.

The latest P/B ratio of Lokesh Machines as of 16-Apr-2026 is 2.44.

The 52-week high of Lokesh Machines is ₹283.4 and the 52-week low is ₹138.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Lokesh Machines is ₹188 ( Cr.) .

About Lokesh Machines Ltd

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.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Lokesh Machines Ltd (LOKESHMACH) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Lokesh Machines Share Price