Laxmipati Engineering Works Ltd
Incorporate in 2012, Laxmipati Engineering Works Limited is engaged in shipbuilding, ship repair, fabrication, heavy engineering, engineering infrastructure services, shutdown maintenance projects and precision machining.[1]
- Market Cap ₹ 291 Cr.
- Current Price ₹ 507
- High / Low ₹ 507 / 209
- Stock P/E
- Book Value ₹ 61.9
- Dividend Yield 0.00 %
- ROCE 21.8 %
- ROE -3.58 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 8.18 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.24.1 Cr.
- Debtor days have increased from 60.3 to 79.5 days.
* 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.
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 3 | 2 | 1 | 11 | 21 | 19 | 28 | 15 | 40 | 50 | 72 | |
| 2 | 2 | 2 | 2 | 9 | 18 | 23 | 24 | 16 | 34 | 40 | 59 | |
| Operating Profit | 1 | 1 | 0 | -1 | 2 | 3 | -5 | 4 | -0 | 6 | 10 | 13 |
| OPM % | 36% | 25% | 16% | -67% | 18% | 16% | -25% | 15% | -2% | 15% | 20% | 18% |
| 0 | 0 | 0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 24 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 3 | 4 | 4 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 0 | 0 | -1 | 1 | 2 | -7 | 0 | -4 | 1 | 5 | 33 |
| Tax % | 27% | 32% | 29% | 1% | 19% | 19% | -1% | 52% | 7% | 17% | -39% | 18% |
| 1 | 0 | 0 | -1 | 1 | 2 | -7 | 0 | -5 | 1 | 6 | 27 | |
| EPS in Rs | 1.01 | 0.52 | 0.09 | -1.96 | 1.76 | 2.96 | -11.60 | 0.40 | -8.22 | 1.36 | 11.30 | 47.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 31% |
| 3 Years: | 68% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 22% |
| TTM: | -112% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 77% |
| 3 Years: | % |
| 1 Year: | 77% |
| Return on Equity | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 5% |
| 3 Years: | 22% |
| Last Year: | -4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 5 | 5 | 5 | 4 | 5 | 7 | 0 | 0 | -4 | -4 | 3 | 30 |
| 4 | 4 | 4 | 8 | 12 | 13 | 25 | 31 | 38 | 40 | 45 | 17 | |
| 1 | 1 | 0 | 1 | 2 | 3 | 5 | 4 | 5 | 4 | 6 | 12 | |
| Total Liabilities | 15 | 16 | 16 | 18 | 25 | 28 | 36 | 40 | 44 | 46 | 60 | 65 |
| 12 | 12 | 12 | 14 | 15 | 16 | 17 | 25 | 30 | 30 | 32 | 23 | |
| CWIP | 1 | 2 | 2 | 2 | 2 | 4 | 7 | 7 | 2 | 2 | 2 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 2 | 2 | 3 | 8 | 9 | 11 | 9 | 12 | 14 | 26 | 35 | |
| Total Assets | 15 | 16 | 16 | 18 | 25 | 28 | 36 | 40 | 44 | 46 | 60 | 65 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -0 | 0 | -1 | -2 | 2 | -5 | 5 | -3 | 3 | 2 | 5 | |
| -0 | -0 | -0 | -2 | -2 | -3 | -6 | -9 | -1 | -1 | -3 | 26 | |
| -1 | 1 | 0 | 3 | 4 | 0 | 10 | 3 | 4 | -1 | 1 | -31 | |
| Net Cash Flow | -0 | -0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | 0 | -0 | -0 |
| Free Cash Flow | 1 | -1 | -0 | -3 | -4 | -0 | -10 | -4 | -4 | 1 | -0 | 30 |
| CFO/OP | 90% | -31% | 22% | 136% | -76% | 85% | 105% | 124% | 997% | 45% | 24% | 50% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 150 | 188 | 330 | 190 | 114 | 128 | 53 | 76 | 29 | 73 | 80 |
| Inventory Days | 548 | 1,669 | 202 | 279 | 510 | 203 | 1,075 | 189 | 330 | 265 | ||
| Days Payable | 629 | 1,043 | 301 | 328 | 515 | 148 | 364 | 38 | 81 | 72 | ||
| Cash Conversion Cycle | 69 | 69 | 188 | 956 | 92 | 65 | 122 | 108 | 787 | 180 | 322 | 273 |
| Working Capital Days | -334 | -340 | -449 | 577 | 177 | 102 | 121 | 51 | 76 | 53 | 100 | 75 |
| ROCE % | 6% | 4% | 2% | -5% | 8% | 12% | -18% | 10% | -4% | 12% | 19% | 22% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Number of Permanent Employees Employees |
|
||||||||||
| Number of Principal Clients Clients |
|||||||||||
| Revenue Share - Defence Sector % |
|||||||||||
| Number of Projects Completed Projects |
|||||||||||
| Palsana Workshop Capacity Utilization % |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Reg. 34 (1) Annual Report.
23 Jun - FY2025-26 annual report uploaded; 15th AGM on July 17, 2025, via VC/OAVM.
- Notice Of 15Th Annual General Meeting Of The Company 23 Jun
-
Results: Financial Results For Half Year And Year Ended March 31, 2026.
26 May - Board approved FY26 audited results; revenue 7,199.37 lakh, net profit 2,703.59 lakh, unmodified audit opinion.
-
Board Meeting Outcome for Of The Company Held On May 26, 2026 And Submission Of Standalone Audited Financial Results For The Half Year And Year Ended March 31, 2026
26 May - Board approved FY26 audited standalone results; auditor issued unmodified opinion on March 31, 2026 results.
-
Board Meeting Intimation for Notice Of Board Meeting To Be Held On 26/05/2026
16 May - Board meeting on May 26, 2026 to approve audited results for half year and year ended March 31, 2026.
Annual reports
-
Financial Year 2026
from bse
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
Business Overview[1]
Laxmipati Engineering Works Ltd. is engaged in shipbuilding, ship repair, fabrication, heavy engineering, engineering infrastructure services, shutdown maintenance projects and precision machining. The Company is part of the diversified Laxmipati Group, which has interests in textiles, real estate, power and education.