Is Lakshmi Machine Works 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 .

Is Lakshmi Machine Works 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 .

What is Lakshmi Machine Works share price return in the past 10 years?

Lakshmi Machine Works Ltd share price has appreciated 15.3% annually (CAGR) over the past ten years.

Is Lakshmi Machine Works a good buy now?

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

What is the P/E ratio of Lakshmi Machine Works?

The latest standalone P/E ratio of Lakshmi Machine Works as of 26-Jul-2024 is 45.07.

What is the P/B ratio of Lakshmi Machine Works?

The latest standalone P/B ratio of Lakshmi Machine Works as of 26-Jul-2024 is 6.29.

Lakshmi Machine Works Ltd - Stock Valuation and Financial Performance

Name: Lakshmi Machine Works
Brand: Lakshmi Machine Works

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

Place order

Lakshmi Machine Work Share Price

₹15,725 149.35 0.96%
as on 26-Jul'24 16:01

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

Standalone Basis ^P Consolidated Basis ^P

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'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	17.4%	15.7%	11.8%	12.3%	11.4%	2%	3.3%	9.6%	14.1%	14.4%	-
Value Creation Index ⓘ	0.2	0.1	-0.2	-0.1	-0.2	-0.9	-0.8	-0.3	0.0	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2,385	2,536	2,213	2,497	2,636	1,570	1,690	3,072	4,533	4,597	4,597
Sales YoY Gr.	-	6.3%	-12.7%	12.8%	5.6%	-40.4%	7.6%	81.8%	47.6%	1.4%	-
Adj EPS ⓘ	181.1	191.8	164.1	182.2	180.8	31.5	52.7	169	282.6	334.1	347.6
YoY Gr.	-	5.9%	-14.5%	11%	-0.8%	-82.6%	67.3%	220.8%	67.3%	18.3%	-
BVPS (₹) ⓘ	1,118.8	1,334.4	1,404.3	1,571.5	1,582.3	1,550.4	1,666.4	1,858.3	2,153.6	2,492.8	2,492.1
Adj Net Profit ⓘ	204	216	180	200	193	33.6	56.3	181	302	357	371
Cash Flow from Ops. ⓘ	103	100	132	165	125	86.3	156	477	324	140	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.6%	11.8%	39.6%	1.4%
Adj EPS ⓘ	7%	13.1%	85.1%	18.3%
BVPSⓘ	9.3%	9.5%	14.4%	15.8%
Share Price	15.3%	29%	26.5%	14.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	17.3	15.6	11.8	12.2	11.3	2	3.3	9.6	14.1	14.4	14
Op. Profit Mgn % ⓘ	12.1	12.6	11.6	10.7	10.2	1.5	3.9	7.5	8.9	9.4	9.4
Net Profit Mgn % ⓘ	8.6	8.5	8.1	8	7.3	2.1	3.3	5.9	6.7	7.8	8.1
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	95	123	178	177	172	258	232	199	170	146	90
Cash Conv. Cycle ⓘ	18	18	18	16	12	17	9	15	13	10	41

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.90%

Sales growth is growing at healthy rate in last 3 years 39.60%

Net Profit is growing at healthy rate in last 3 years 85.12%

Sales growth is not so good in last 4 quarters at 2.47%

Latest Financials - Lakshmi Machine Works Ltd.

	Standalone	Consolidated
TTM EPS (₹)	347.6	349.8
TTM Sales (₹ Cr.)	4,597	4,696
BVPS (₹.) ⓘ	2,492.1	2,530.8
Reserves (₹ Cr.) ⓘ	2,652	2,693
P/BV ⓘ	6.29	6.19
PE ⓘ	45.07	44.80

From the Market
52 Week Low / High (₹)	12730.10 / 17700.80
All Time Low / High (₹)	52.50 / 17700.80
Market Cap (₹ Cr.)	16,738
Equity (₹ Cr.)	10.7
Face Value (₹)	10
Industry PE ⓘ	44.9

Management X-Ray of Lakshmi Machine Work:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Lakshmi Machine Work

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Lakshmi Machine Work

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,385	2,536	2,213	2,497	2,636	1,570	1,690	3,072	4,533	4,597
Operating Expenses ⓘ	2,096	2,217	1,958	2,231	2,367	1,547	1,624	2,843	4,130	4,167
Manufacturing Costs	232	254	223	260	287	210	202	332	475	505
Material Costs	1,467	1,520	1,301	1,511	1,569	938	1,036	1,963	2,917	2,935
Employee Cost	228	239	241	260	266	231	230	303	366	395
Other Costs ⓘ	169	204	193	200	245	168	156	244	372	332
Operating Profit ⓘ	289	319	256	266	268	24	65	229	403	430
Operating Profit Margin (%)	12.1%	12.6%	11.5%	10.6%	10.2%	1.5%	3.9%	7.5%	8.9%	9.3%
Other Income ⓘ	106	98	91	109	106	94	83	81	156	142
Interest ⓘ	2	1	0	1	1	0	0	0	0	0
Depreciation ⓘ	97	83	75	71	50	50	52	56	73	92
Exceptional Items ⓘ	-9	-5	-5	-4	-37	-2	-22	-17	0	0
Profit Before Tax ⓘ	288	328	266	299	287	64	74	237	485	480
Tax ⓘ	81	108	76	88	97	19	27	57	135	109
Profit After Tax	207	220	191	211	189	45	47	180	350	371
PAT Margin (%)	8.7%	8.7%	8.6%	8.5%	7.2%	2.9%	2.8%	5.8%	7.7%	8.1%
Adjusted EPS (₹)	184.1	195.4	174.0	193.0	177.2	42.1	44.4	168.2	327.9	347.7
Dividend Payout Ratio (%)	20%	20%	20%	21%	20%	24%	23%	24%	30%	22%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1,260	1,503	1,538	1,722	1,690	1,656	1,780	1,985	2,300	2,662
Share Capital ⓘ	11	11	11	11	11	11	11	11	11	11
Reserves ⓘ	1,249	1,492	1,527	1,711	1,680	1,646	1,770	1,975	2,289	2,652
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	309	295	327	420	381	341	434	569	728	560
Others Liabilities ⓘ	592	865	865	769	523	517	718	1,316	1,146	981
Total Liabilities ⓘ	2,162	2,663	2,730	2,911	2,594	2,514	2,932	3,870	4,174	4,204
Fixed Assets
Gross Block	1,749	466	528	649	814	876	884	950	1,195	1,343
Accumulated Depreciation	1,374	65	66	134	166	212	225	268	332	413
Net Fixed Assetsⓘ	374	401	462	515	648	664	659	681	863	930
CWIP ⓘ	3	8	3	21	12	30	11	5	23	9
Investmentsⓘ	129	153	126	148	189	201	351	521	581	706
Inventories	289	299	332	306	308	274	324	497	644	558
Trade Receivables	221	208	195	263	204	119	185	323	308	181
Cash Equivalents	942	956	907	970	523	619	763	461	692	898
Others Assetsⓘ	205	639	704	687	710	607	640	1,381	1,064	922
Total Assets ⓘ	2,162	2,663	2,730	2,911	2,594	2,514	2,932	3,870	4,174	4,204

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	103	100	132	165	125	86	156	477	324	140
PBT ⓘ	288	328	266	299	287	64	74	237	485	480
Adjustment ⓘ	13	5	-4	-16	-29	-29	-22	-4	-33	-26
Changes in Working Capital ⓘ	-108	-121	-42	-37	-62	82	142	311	-75	-195
Tax Paid ⓘ	-91	-112	-88	-81	-71	-31	-38	-66	-53	-119
Cash Flow From Investing Activity ⓘ	-41	-66	68	-20	30	-70	-144	-445	-245	-61
Capex	-87	-113	-118	-127	-171	-75	-21	-72	-249	-144
Net Investments	0	-6	65	0	-51	-43	-58	-111	-40	-5
Others ⓘ	46	52	121	107	251	49	-65	-261	45	88
Cash Flow From Financing Activityⓘ	-40	-52	-195	-47	-215	-45	-11	-11	-43	-105
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-1	-1	0	-1	-1	0	0	0	0	0
Dividend Paid ⓘ	-34	-42	-45	-38	-44	-37	-11	-11	-43	-105
Others ⓘ	-6	-9	-150	-8	-170	-8	0	0	0	0
Net Cash Flow ⓘ	22	-18	5	98	-61	-29	1	21	36	-26

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	17.54	15.93	12.53	12.97	11.09	2.69	2.76	9.54	16.34	14.97
ROCE (%)	24.49	23.81	17.54	18.39	16.85	3.87	4.32	12.59	22.66	19.34
Asset Turnover Ratio	1.23	1.14	0.9	0.91	0.96	0.61	0.62	0.9	1.13	1.1
PAT to CFO Conversion(x)	0.5	0.45	0.69	0.78	0.66	1.91	3.32	2.65	0.93	0.38
Working Capital Days
Receivable Days	29	28	30	33	32	38	33	30	25	19
Inventory Days	40	39	47	46	43	68	65	49	46	48
Payable Days	75	73	87	90	93	140	136	93	81	80

Lakshmi Machine Works Ltd Stock News

Lakshmi Machine Works Ltd FAQs

What is the share price of Lakshmi Machine Work?

Company share prices are keep on changing according to the market conditions. The closing price of Lakshmi Machine Work on 26-Jul-2024 16:01 is ₹15,725.

What is the market cap of Lakshmi Machine Work?

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 26-Jul-2024 16:01 the market cap of Lakshmi Machine Work stood at ₹16,738.2.

What is the P/E ratio of Lakshmi Machine Work?

The latest P/E ratio of Lakshmi Machine Work as of 26-Jul-2024 16:01 is 45.07.

What is the P/B ratio of Lakshmi Machine Work?

The latest P/B ratio of Lakshmi Machine Work as of 26-Jul-2024 16:01 is 6.29.

What is the 52-week high and low of Lakshmi Machine Work?

The 52-week high of Lakshmi Machine Work is ₹17,700.8 and the 52-week low is ₹12,730.1.

What is the TTM revenue of Lakshmi Machine Work?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Lakshmi Machine Work is ₹4,597 ( 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