Veejay Lakshmi Engineering Works Ltd
Incorporated in 1974, Veejay Lakshmi Engineering Works Ltd is in the business
of Engineering and Textiles.[1]
- Market Cap ₹ 21.0 Cr.
- Current Price ₹ 41.4
- High / Low ₹ 63.1 / 26.0
- Stock P/E
- Book Value ₹ 21.4
- Dividend Yield 0.00 %
- ROCE -6.75 %
- ROE -39.9 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.35% over past five years.
- Company has a low return on equity of -24.8% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 147.16 | 78.79 | 88.26 | 81.36 | 79.53 | 68.77 | 51.32 | 74.95 | 63.97 | 87.09 | 79.65 | 80.23 | 75.72 | |
| 137.41 | 79.33 | 84.74 | 84.54 | 76.63 | 76.00 | 50.76 | 70.31 | 74.08 | 90.44 | 81.06 | 84.87 | 79.22 | |
| Operating Profit | 9.75 | -0.54 | 3.52 | -3.18 | 2.90 | -7.23 | 0.56 | 4.64 | -10.11 | -3.35 | -1.41 | -4.64 | -3.50 |
| OPM % | 6.63% | -0.69% | 3.99% | -3.91% | 3.65% | -10.51% | 1.09% | 6.19% | -15.80% | -3.85% | -1.77% | -5.78% | -4.62% |
| 4.74 | 1.14 | 0.86 | 0.95 | 2.03 | 1.74 | 0.46 | 0.87 | 0.32 | 3.43 | 3.20 | 4.18 | 4.02 | |
| Interest | 2.61 | 0.78 | 0.65 | 1.22 | 1.28 | 1.14 | 1.56 | 2.03 | 1.73 | 2.43 | 2.60 | 2.53 | 2.46 |
| Depreciation | 7.61 | 4.67 | 4.69 | 4.08 | 3.17 | 2.57 | 2.44 | 2.64 | 2.53 | 2.44 | 2.49 | 2.50 | 2.41 |
| Profit before tax | 4.27 | -4.85 | -0.96 | -7.53 | 0.48 | -9.20 | -2.98 | 0.84 | -14.05 | -4.79 | -3.30 | -5.49 | -4.35 |
| Tax % | -6.32% | -18.56% | 62.50% | -30.41% | 141.67% | 45.65% | -1.01% | -19.05% | 0.00% | -4.80% | 0.30% | 3.28% | |
| 4.55 | -3.95 | -1.56 | -5.24 | -0.09 | -13.47 | -2.98 | 1.00 | -14.00 | -4.58 | -3.29 | -5.47 | -4.14 | |
| EPS in Rs | 8.97 | -7.79 | -3.08 | -10.33 | -0.18 | -26.56 | -5.88 | 1.97 | -27.60 | -9.03 | -6.49 | -10.78 | -8.16 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -32% |
| 3 Years: | 17% |
| TTM: | -26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 1% |
| 3 Years: | 6% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -21% |
| 3 Years: | -25% |
| Last Year: | -40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.07 | 5.07 | 5.07 | 5.07 | 5.07 | 5.07 | 5.07 | 5.07 | 5.07 | 5.07 | 5.07 | 5.07 |
| Reserves | 59.20 | 54.22 | 58.54 | 53.28 | 53.22 | 39.25 | 36.84 | 38.28 | 18.91 | 15.02 | 11.71 | 5.79 |
| 29.60 | 13.67 | 11.82 | 29.28 | 15.26 | 13.09 | 21.61 | 17.54 | 33.28 | 28.59 | 29.49 | 31.99 | |
| 29.75 | 14.48 | 14.34 | 11.99 | 14.56 | 13.93 | 10.41 | 11.07 | 9.47 | 13.47 | 13.97 | 16.97 | |
| Total Liabilities | 123.62 | 87.44 | 89.77 | 99.62 | 88.11 | 71.34 | 73.93 | 71.96 | 66.73 | 62.15 | 60.24 | 59.82 |
| 62.92 | 46.15 | 44.32 | 42.76 | 40.58 | 38.84 | 40.92 | 41.16 | 38.66 | 37.14 | 35.21 | 32.64 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.59 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.03 | 9.78 | 1.96 | 2.55 | 2.58 | 1.86 | 2.58 | 3.12 | 3.21 | 4.12 | 4.29 | 3.96 |
| 60.67 | 31.51 | 43.49 | 54.31 | 44.95 | 27.05 | 30.40 | 27.68 | 24.86 | 20.89 | 20.74 | 23.22 | |
| Total Assets | 123.62 | 87.44 | 89.77 | 99.62 | 88.11 | 71.34 | 73.93 | 71.96 | 66.73 | 62.15 | 60.24 | 59.82 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.35 | -3.27 | 8.23 | -5.49 | -0.05 | 0.00 | 8.43 | -9.44 | 7.27 | -2.20 | -0.76 | ||
| -10.22 | 6.78 | -2.25 | 0.28 | -3.84 | -0.74 | -2.35 | 0.04 | 0.34 | 0.91 | 1.95 | ||
| -3.01 | -3.37 | -0.86 | -0.90 | 3.71 | 0.86 | -5.83 | 9.03 | -7.62 | 1.30 | -1.20 | ||
| Net Cash Flow | -5.88 | 0.13 | 5.12 | -6.12 | -0.19 | 0.12 | 0.25 | -0.37 | -0.01 | 0.00 | 0.00 | |
| Free Cash Flow | 5.51 | -6.02 | 6.23 | -5.22 | -3.97 | -0.97 | 5.98 | -9.46 | 6.34 | -2.72 | -0.59 | |
| CFO/OP | -1,330% | -108% | -258% | -186% | -1% | -34% | 180% | 93% | -221% | 156% | 15% |
Ratios
Consolidated / View Standalone
| Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6.10 | 13.11 | 15.76 | 11.53 | 26.07 | 22.08 | 30.51 | 3.94 | 2.68 | 18.90 | 7.19 | 28.98 |
| Inventory Days | 189.78 | 133.60 | 218.08 | 240.05 | 226.65 | 126.91 | 216.88 | 157.35 | 121.12 | 66.01 | 89.34 | 66.87 |
| Days Payable | 14.48 | 38.60 | 42.99 | 35.22 | 48.14 | 66.42 | 37.91 | 28.96 | 7.06 | 31.97 | 17.63 | 29.94 |
| Cash Conversion Cycle | 181.40 | 108.10 | 190.85 | 216.36 | 204.59 | 82.57 | 209.48 | 132.34 | 116.74 | 52.94 | 78.91 | 65.90 |
| Working Capital Days | 64.34 | 33.82 | 63.89 | 13.14 | 54.39 | 30.15 | 35.63 | 50.89 | 8.73 | -5.03 | -2.66 | -10.78 |
| ROCE % | 2.02% | -1.04% | -8.35% | 1.55% | -13.06% | -2.35% | 3.97% | -20.85% | -4.46% | -1.58% | -6.75% |
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 Division Revenue (Textile Machinery) Rs. lakhs ・Standalone data |
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| Textile Division Revenue (Cotton Yarn and Fabrics) Rs. lakhs ・Standalone data |
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| Total Export Earnings (FOB Value) Rs. lakhs ・Standalone data |
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| TFO Twisters Sold units ・Standalone data |
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| Engineering Spare Parts Sales Rs. lakhs ・Standalone data |
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| Captive Rooftop Solar Power Capacity MW ・Standalone data |
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| Captive Wind Power Capacity KW ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Closure of Trading Window
- Trading window closes from 1 October 2026 until 48 hours after Q2 results.
-
ANNOUNCEMENT OF THE PROCEEDINGS OF 51ST ANNUAL GENERAL MEETING OF THE COMPANY VEEJAY LAKSHMI ENGINEERING WORKS LIMITED WAS HELD ON 14-09-2026.
- 51st AGM held on 14 Sep 2026; financial statements adopted, Smt Arthi Anand reappointed.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
- Scrutinizer’s report filed for 51st AGM held 14 September 2026; two resolutions passed.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
-
Announcement under Regulation 30 (LODR)-Change in Management Control
- 96,923 shares transmitted from ex-promoter to existing promoter chairman and managing director.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
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Business Overview:[1][2]
VLEWL used to manufacture post-spinning machines and subsequently diversified into textile spinning. Currently, it manufactures textile machinery used in post-spinning operations and also has a textile unit producing yarn and knitted fabrics. The products are sold in both the domestic and international markets.