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Last 3,561 INR
Change Today -18.25 / -0.51%
Volume 605.0
LMW On Other Exchanges
Natl India
As of 7:06 AM 10/7/15 All times are local (Market data is delayed by at least 15 minutes).

lakshmi machine works ltd (LMW) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/19/14 - 4,504
52 Week Low
08/25/15 - 3,275
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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lakshmi machine works ltd (LMW) Details

Lakshmi Machine Works Limited manufactures and sells textile spinning machinery, CNC machine tools, heavy castings, and high precision parts and components in India and internationally. It operates in three segments: Textile Machinery, Machine Tool & Foundry, and Advanced Technology Centre. The company offers a range of spinning machines comprising card silver systems, combing systems, and ring spinning systems; and components, such as gears, spindles, rings, top rollers, cots and aprons, and flyers. It also provides machine tools consisting of turning, milling, and turnmill products for various sectors, including auto components, automobile, tool room, industrial machines, motors, pumps and valves, and others. In addition, the company manufactures ductile iron castings, such as windmill castings, locomotive castings, marine transmission castings, traction motor castings, railway undercarriage parts, and traction gearbox housings; and grey iron castings consisting of engine castings, turbo charger castings, heavy pump castings, and hydraulic transmission parts. Further, it provides aerospace parts and components, such as structural parts comprising brackets, stiffeners, frames, fairings, wings, ribs, fuselage, etc.; engine and landing gear parts, including casings, blisks, shafts, housings, stators, NGV, pump housing bushing, sleeves, and sub-assy, as well as LRU`s gear boxes, actuators, and landing gears; and sheet metal fabrications comprising aero engine sheet metal components, assemblies and fabrications, seal segments, rings, heat shields, vane inserts, cover plates, springs, etc. Lakshmi Machine Works Limited was founded in 1962 and is based in Coimbatore, India.

3,609 Employees
Last Reported Date: 05/30/09
Founded in 1962

lakshmi machine works ltd (LMW) Top Compensated Officers

Executive Chairman, Managing Director, Chairm...
Total Annual Compensation: 16.2M
Director of Finance, Non Independent Executiv...
Total Annual Compensation: 9.0M
Compensation as of Fiscal Year 2015.

lakshmi machine works ltd (LMW) Key Developments

Lakshmi Machine Works Ltd Announces Executive Changes

Lakshmi Machine Works Ltd. announced that it has appointed C. B. Chandrasekar as its Chief Financial Officer, effective from August 20, 2015. The company also announced that from now onwards R. Rajendran, who was functioning as Director Finance and also Chief Financial Officer, will continue as Director Finance.

Lakshmi Machine Works Limited Announces Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2015

Lakshmi Machine Works Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the standalone company reported net sales of INR 5,459.698 million against INR 5,530.826 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 424.337 million against INR 417.769 million a year ago. Profit from ordinary activities before tax was INR 660.482 million against INR 677.850 million a year ago. Net profit was INR 438.582 million against INR 485.689 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 38.93 against INR 43.11 a year ago. Total income has decreased from INR 5,984.128 million for the quarter ended June 30, 2014 to INR 5,882.492 million for the quarter ended June 30, 2015.

Lakshmi Machine Works Limited to Report Q1, 2016 Results on Aug 10, 2015

Lakshmi Machine Works Limited announced that they will report Q1, 2016 results on Aug 10, 2015


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