Lakshmi Machine Works logo

LAXMIMACH - Lakshmi Machine Works Share Price

₹3687.3 -28.6  -0.8%

Last Trade - 18/09/20

Sector
Industrials
Size
Mid Cap
Market Cap £412.6m
Enterprise Value £330.9m
Revenue £134.5m
Position in Universe 382nd / 3004
Bullish
Bearish
Unlock LAXMIMACH Revenue
Momentum
Relative Strength (%)
1m +13.6%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -7.35%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
24,882 28,631 24,992 26,430 27,118 15,745 11,343 18,116 -8.7%
+23.9 +1.9 -20.9 +18.9 -3.2 -88.1 +120.7 +179.9
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Lakshmi Machine Works Ltd revenues decreased 63% to RS1.69B. Net loss totaled RS216.2M vs. income of RS104.7M. Revenues reflect Textile Machinery Division segment decrease of 61% to RS1.36B, Machine Tool and Foundry Divisions segment decrease of 73% to RS317.2M. Net loss reflects Other income decrease of 14% to RS187.9M (income), Voluntary retirement scheme payments increase from RS0K to RS23.3M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

LAXMIMACH Revenue Unlock LAXMIMACH Revenue

Net Income

LAXMIMACH Net Income Unlock LAXMIMACH Revenue

Normalised EPS

LAXMIMACH Normalised EPS Unlock LAXMIMACH Revenue

PE Ratio Range

LAXMIMACH PE Ratio Range Unlock LAXMIMACH Revenue

Dividend Yield Range

LAXMIMACH Dividend Yield Range Unlock LAXMIMACH Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
LAXMIMACH EPS Forecasts Unlock LAXMIMACH Revenue
Profile Summary

Lakshmi Machine Works Limited is an India-based holding company. The Company is engaged in the manufacturing and selling of textile spinning machinery, computer numerical control machine tools, heavy castings, and parts and components for aerospace industry. Its segments include Textile Machinery Division; Machine Tool & Foundry Division, and Advanced Technology Centre for Aero Space-Parts & Components. Its textile machinery range of products includes Card Sliver System, such as Vario Clean LB9/2; Combing System, including Comber LK69, and Ring Spinning System, such as Ring Frame LR60 Series. It offers machine tool products, such as turning, milling and turn mills. Its foundry products include ductile iron castings and grey iron castings. The Advanced Technology Centre specializes in the manufacture and supply of parts and components required for the aerospace industry. Its products and services include aero structure components, aero engine components and sheet metal fabrications.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated September 14, 1962
Public Since January 20, 1995
No. of Shareholders: 37,411
No. of Employees: 3,185
Sector Industrials
Industry Machinery, Equipment & Components
Index
Exchange National Stock Exchange of India
Shares in Issue 10,683,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
LAXMIMACH Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for LAXMIMACH
Upcoming Events for LAXMIMACH
Frequently Asked Questions for Lakshmi Machine Works
What is the Lakshmi Machine Works share price?

As of 18/09/20, shares in Lakshmi Machine Works are trading at ₹3687.3, giving the company a market capitalisation of £412.6m. This share price information is delayed by 15 minutes.

How has the Lakshmi Machine Works share price performed this year?

Shares in Lakshmi Machine Works are currently trading at ₹3687.3 and the price has moved by 1.66% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Lakshmi Machine Works price has moved by -5.46% over the past year.

What are the analyst and broker recommendations for Lakshmi Machine Works?

Of the analysts with advisory recommendations for Lakshmi Machine Works, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Lakshmi Machine Works is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Lakshmi Machine Works next release its financial results?

Lakshmi Machine Works is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Lakshmi Machine Works dividend yield?

The Lakshmi Machine Works dividend yield is 0.27% based on the trailing twelve month period.

Does Lakshmi Machine Works pay a dividend?

Last year, Lakshmi Machine Works paid a total dividend of 10, and it currently has a trailing dividend yield of 0.27%. Looking ahead, Lakshmi Machine Works has not announced an ex-dividend date yet.

When does Lakshmi Machine Works next pay dividends?

Lakshmi Machine Works has yet to annouce their ex-dividend date. The historic dividend yield on Lakshmi Machine Works shares is currently 0.27%.

How do I buy Lakshmi Machine Works shares?

To buy shares in Lakshmi Machine Works you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Lakshmi Machine Works?

Shares in Lakshmi Machine Works are currently trading at ₹3687.3, giving the company a market capitalisation of £412.6m.

Where are Lakshmi Machine Works shares listed? Where are Lakshmi Machine Works shares listed?

Here are the trading details for Lakshmi Machine Works:

Country of listing: India
Exchange: NSI
Ticker Symbol: LAXMIMACH
What kind of share is Lakshmi Machine Works?

Based on an overall assessment of its quality, value and momentum, Lakshmi Machine Works is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Lakshmi Machine Works share price forecast 2020?

Shares in Lakshmi Machine Works are currently priced at ₹3687.3. At that level they are trading at 25.96% premium to the analyst consensus target price of 0.00.

Analysts covering Lakshmi Machine Works currently have a consensus Earnings Per Share (EPS) forecast of 48.8 for the next financial year.

How can I tell whether the Lakshmi Machine Works share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Lakshmi Machine Works. Over the past six months, the relative strength of its shares against the market has been -5.02%. At the current price of ₹3687.3, shares in Lakshmi Machine Works are trading at 22.94% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Lakshmi Machine Works PE Ratio?

We were not able to find PE ratio data for Lakshmi Machine Works.

Who are the key directors of Lakshmi Machine Works?

Lakshmi Machine Works's management team is headed by:

M. Subbiah - NID
S. Pathy - NED
Sanjay Jayavarthanavelu - CHM
K. Duraisami - CCO
Aditya Himatsingka - NID
Mukund Rajan - NID
V. Sathyakumar - NID
K. Rajhan - EDR
V. Senthil - CFO
Who are the major shareholders of Lakshmi Machine Works?

Here are the top five shareholders of Lakshmi Machine Works based on the size of their shareholding:

Lakshmi Cargo Co., Ltd. Corporation
Percentage owned: 10.06% (1.07m shares)
Shah (Nemish S) Individual Investor
Percentage owned: 8.32% (889k shares)
Lakshmi Technology & Engineering Industries, Ltd. Corporation
Percentage owned: 6.52% (697k shares)
Life Insurance Corporation of India Insurance Company
Percentage owned: 6.26% (669k shares)
Tata Group of Companies Corporation
Percentage owned: 5.43% (580k shares)
Similar to LAXMIMACH
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.