Lakshmi Engineering & Warehousing Ltd
Incorporated in 1973, Lakshmi Automatic Loom Works Ltd manufactures spares and accessories for C-type automatic weaving machines, circular knitting machines, and parts for machine tools apart from providing warehouse rental services[1]
- Market Cap ₹ 120 Cr.
- Current Price ₹ 1,800
- High / Low ₹ 2,787 / 1,681
- Stock P/E 87.2
- Book Value ₹ 328
- Dividend Yield 0.56 %
- ROCE 5.84 %
- ROE 4.01 %
- Face Value ₹ 100
Pros
- Company has been maintaining a healthy dividend payout of 48.6%
Cons
- Stock is trading at 5.49 times its book value
- The company has delivered a poor sales growth of 0.16% over past five years.
- Promoter holding is low: 37.3%
- Company has a low return on equity of 8.13% over last 3 years.
- Earnings include an other income of Rs.1.35 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.12 | 3.63 | 2.68 | 7.17 | 7.45 | 8.17 | 12.70 | 10.20 | 11.82 | 12.71 | 14.79 | 12.80 | 13.57 | |
| 4.75 | 5.27 | 5.13 | 5.64 | 5.51 | 6.48 | 7.66 | 6.29 | 8.02 | 9.62 | 11.56 | 11.12 | 10.49 | |
| Operating Profit | -1.63 | -1.64 | -2.45 | 1.53 | 1.94 | 1.69 | 5.04 | 3.91 | 3.80 | 3.09 | 3.23 | 1.68 | 3.08 |
| OPM % | -52.24% | -45.18% | -91.42% | 21.34% | 26.04% | 20.69% | 39.69% | 38.33% | 32.15% | 24.31% | 21.84% | 13.12% | 22.70% |
| 5.24 | 5.38 | 4.80 | 1.58 | 0.84 | 0.78 | 0.58 | 1.15 | 1.39 | 1.54 | 1.77 | 1.19 | 1.35 | |
| Interest | 0.03 | 0.02 | 0.06 | 0.06 | 0.06 | 0.22 | 0.63 | 0.79 | 0.73 | 0.91 | 0.79 | 0.88 | 1.24 |
| Depreciation | 0.35 | 0.39 | 0.30 | 0.30 | 0.36 | 0.47 | 0.62 | 0.89 | 0.94 | 0.98 | 1.16 | 1.19 | 1.39 |
| Profit before tax | 3.23 | 3.33 | 1.99 | 2.75 | 2.36 | 1.78 | 4.37 | 3.38 | 3.52 | 2.74 | 3.05 | 0.80 | 1.80 |
| Tax % | 3.72% | 21.62% | 50.75% | 83.27% | 26.69% | 29.21% | 23.34% | 25.15% | 26.14% | 22.26% | 24.26% | -5.00% | |
| 3.11 | 2.61 | 0.98 | 0.46 | 1.73 | 1.26 | 3.35 | 2.54 | 2.60 | 2.13 | 2.31 | 0.84 | 1.38 | |
| EPS in Rs | 51.83 | 43.50 | 16.33 | 7.67 | 28.83 | 21.00 | 47.86 | 36.29 | 38.88 | 31.85 | 34.54 | 12.56 | 20.63 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 25.73% | 31.41% | 34.75% | 79.64% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 0% |
| 3 Years: | 3% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | -24% |
| 3 Years: | -31% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 27% |
| 3 Years: | 30% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 11% |
| 3 Years: | 8% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.10 | 6.10 | 6.10 | 6.10 | 6.10 | 6.40 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 |
| Reserves | -6.73 | -4.29 | -3.31 | -2.85 | -1.11 | 1.88 | 6.87 | 9.38 | 11.90 | 13.35 | 14.98 | 15.06 | 15.22 |
| 8.60 | 8.60 | 8.60 | 6.58 | 6.66 | 3.61 | 4.92 | 4.94 | 4.43 | 5.92 | 5.07 | 10.05 | 11.67 | |
| 4.79 | 4.72 | 4.73 | 3.03 | 3.44 | 4.81 | 5.95 | 5.87 | 5.75 | 5.88 | 6.11 | 6.58 | 9.49 | |
| Total Liabilities | 12.76 | 15.13 | 16.12 | 12.86 | 15.09 | 16.70 | 24.43 | 26.88 | 28.77 | 31.84 | 32.85 | 38.38 | 43.07 |
| 4.48 | 3.86 | 3.62 | 3.67 | 8.28 | 8.14 | 15.03 | 14.47 | 15.07 | 17.99 | 18.96 | 19.53 | 29.47 | |
| CWIP | 0.10 | 0.10 | 0.11 | 0.35 | 0.01 | 0.61 | 0.00 | 0.01 | 0.06 | 0.40 | 0.65 | 5.19 | 0.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 8.18 | 11.17 | 12.39 | 8.84 | 6.80 | 7.95 | 9.40 | 12.40 | 13.64 | 13.45 | 13.24 | 13.66 | 13.59 | |
| Total Assets | 12.76 | 15.13 | 16.12 | 12.86 | 15.09 | 16.70 | 24.43 | 26.88 | 28.77 | 31.84 | 32.85 | 38.38 | 43.07 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.06 | 0.55 | 1.49 | -0.67 | 1.74 | 2.95 | 5.23 | -3.22 | 0.14 | 8.50 | 2.40 | 5.03 | |
| 0.15 | 1.73 | 0.73 | 2.54 | -1.57 | -1.71 | -6.98 | 3.62 | 0.92 | -8.59 | -0.06 | -7.29 | |
| -1.69 | -0.23 | 0.06 | -2.07 | 0.03 | -1.25 | 1.90 | -0.61 | -1.19 | 0.10 | -2.38 | 2.26 | |
| Net Cash Flow | 1.52 | 2.04 | 2.28 | -0.20 | 0.20 | -0.01 | 0.16 | -0.21 | -0.12 | 0.01 | -0.05 | 0.00 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 58.49 | 97.53 | 92.61 | 56.00 | 49.97 | 55.84 | 34.78 | 65.13 | 56.82 | 43.08 | 33.32 | 41.92 |
| Inventory Days | 289.37 | 208.11 | 296.56 | 273.75 | 292.96 | 291.18 | 138.11 | 266.02 | 188.52 | 246.71 | 225.81 | 303.53 |
| Days Payable | 26.31 | 25.61 | 91.25 | 68.44 | 67.24 | 57.42 | 42.75 | 80.42 | 72.20 | 81.11 | 64.96 | 49.95 |
| Cash Conversion Cycle | 321.56 | 280.03 | 297.92 | 261.31 | 275.70 | 289.61 | 130.14 | 250.72 | 173.14 | 208.68 | 194.16 | 295.50 |
| Working Capital Days | 84.23 | 251.38 | 215.19 | -3.56 | -56.34 | -4.02 | -83.06 | -25.76 | 11.43 | -96.20 | -87.12 | -115.20 |
| ROCE % | 45.57% | 24.92% | 17.80% | 18.47% | 21.69% | 16.48% | 32.93% | 20.41% | 19.26% | 14.90% | 13.13% | 5.84% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Engineering Services Revenue INR Lakhs |
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| Total Permanent Employees Number |
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| Warehousing Rental Income INR Lakhs |
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| Foreign Exchange Earnings INR Lakhs |
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| Warehouse Construction Approval Sq. Ft. |
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| Warehousing Capacity - Industrial Land Acres |
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Documents
Announcements
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Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2025 - Reg.
13 Feb - Unaudited Q3 and 9M results to 31.12.2025: 9M revenue ₹1,135.86L, PAT ₹116.05L; auditors reappointed.
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Announcement under Regulation 30 (LODR)-Change in Management
13 Feb - Unaudited Q3/Nine-month results (ended 31.12.2025): PAT ₹33.51L; limited review; internal and secretarial auditors re-appointed for 2026–28.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 13.02.2026 - Reg.
13 Feb - Unaudited Q3 and nine-month FY26 results; limited review; reappointed internal and secretarial auditors for 2026-28.
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Board Meeting Intimation for The Unaudited Financial Results For The Quarter Ended 31.12.2025 - Reg.
29 Jan - Board meeting on 13-Feb-2026 to consider unaudited results for quarter ended 31-Dec-2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Jan - The details of Securities dematerialized / Rematerialized during the period from 01.10.2025 to 31.12.2025, as required under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, …
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Division[1][2]
a) Warehousing Rental Services: The company offers warehousing rental services at its Hosur Unit 1, leasing building space to corporate tenants.
b) Engineering Services: At Unit 2, they manufacture and sell accessories and spares for weaving and knitting machines, machine tools, and other textile machinery. It caters to export-oriented units with parts for machine tools and tool holders, as well as domestic textile machinery manufacturers with spares and accessories.
The company began commercial production of weaving machines in 1977 and circular knitting machines in 1993. Over 12,000 'C' type Lakshmi-Ruti automatic weaving machines and 500 high-performance circular knitting machines manufactured by the company are operational across India.[3]