Lakshmi Machine Works Limited Share Price and Company Fundamentals



Price
₹9277.6
Change
61.399 (0.666%)
52 week
7010.45 - 11790.0

Last traded: Today at 4:19 AM

Lakshmi Machine Works Limited, together with its subsidiaries, manufactures and sells textile spinning machinery, CNC machine tools, heavy castings, and parts and components for aero space industry in India and internationally. The company operates through three segments: Textile Machinery Division, Machine Tool & Foundry Division, and Advanced Technology Centre. It offers textile machinery products, such as card silver, combining, ring and compact spinning, and mill monitoring systems, as well as blending solutions; and machine tools. The company also provides foundry products that include locomotive castings/turbocharger parts, marine transmission castings, power and energy products, and pumps and valves; and aero engine, aerostructures and structural assemblies, sheet metal and special process components, and aerospace composites. As of March 31, 2022, the company has installed 28 wind energy generators with a total capacity of 36.80 MW, as well as 10 MW of solar power generating facility. It also exports its products. Lakshmi Machine Works Limited was incorporated in 1962 and is based in Coimbatore, India.

Key Metrics

PE ratio

54.04

PB ratio

4.92

Dividend yield

0.43%

Beta

0.51

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Industrial Machinery / Industrials
Full time employees3143
Websitehttps://www.lmwglobal.com
Mailing address34A, Kamaraj Road Coimbatore 641018 India
Phone / Fax91 42 2719 8100 / 91 42 2222 0912

Dividends

Dividend yield

0.43%

Dividend amount

₹40.00

Payout ratio

5.90%

5Y Avg. yield

0.53%

Lakshmi Machine Works Limited paid ₹40.00 dividend and the ex-dividend date was 15 July 2022.The dividend payout ratio is 5.90%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LAXMIMACH dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

LAXMIMACH's forward dividend amount is ₹40 and the forward dividend yield is 0.44%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Lakshmi Machine Works Limited.

NameTitleAgeTotal Pay
Mr. Sanjay JayavarthanaveluExec. Chairman, CEO & MD5396.83M
Mr. V. SenthilCFO & Sr. GM of Fin.42
Mr. K. Soundhar RajhanDirector of Operations & Whole-time Director7318.24M
Mr. C. R. Shiv KumaranCompliance Officer & Company Sec.
Mr. M. SankarPres of TMD Operations62
Mr. N. Krishna KumarSr. VP of TQM63
Murthy Kaza SreeramachandraPres of MTD54
Mr. V. VenugopalSr. VP of Foundry63
Mr. A. V. SubramanianPres of ATC67
Mr. Subhash Chand Abbi B.E.Chief Exec. of Spindles & Rings77

Profitability and management effectiveness

Profit margin

5.71%

Operating margin

5.96%

Return on assets

3.69%

Return on equity

9.60%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Lakshmi Machine Works Limited is and its enterprise value is .

The LAXMIMACH's stocks Beta value is 0.51 making it 49% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Lakshmi Machine Works Limited (NSE:LAXMIMACH) Frequently Asked Questions

1. What is Lakshmi Machine Works Limited's Stock Symbol?

Lakshmi Machine Works Limited trades on NSE under the ticker symbol "LAXMIMACH".

2. What is Lakshmi Machine Works Limited's stock price today?

One share of LAXMIMACH stock can currently be purchased for approximately ₹9277.6.

3. How can I contact Lakshmi Machine Works Limited?

Lakshmi Machine Works Limited's mailing address is 34A, Kamaraj Road Coimbatore 641018 India. The company can be reached via phone at 91 42 2719 8100.

4. What is Lakshmi Machine Works Limited's official website?

The official website of Lakshmi Machine Works Limited is https://www.lmwglobal.com.