Lokesh Machines Ltd.
Snapshot View

45.00 +0.50 ▲1.1%

26 July 2021, 04:00:00 P.M.
Volume: 2,536

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering Compare with Industry peers
Website http://www.lokeshmachines.com
Financial Indicators
Market Cap 80.54 Cr.
Earnings per share (EPS) 2.21 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 20.32 Trailing Twelve Months Ending 2021-03
Industry PE 142.87 Trailing Twelve Months Ending 2021-03
Book Value / Share 79.98 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.56 Calculated using Price: 45.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.79 Cr. 17,896,770 Shares
FaceValue 10
Company Profile

Lokesh Machines Ltd. was incorporated as a public limited company on December 17, 1983 in Hyderabad under the Companies Act, 1956 and obtained certificate for commencement of business on February 9, 1984. The company was promoted by Mr. M Lokeswara Rao, who started this company after gaining significant insights into the nuances of machine and machine tool manufacturing during his stint of over 16 years as a shop-floor executive of HMT Ltd.

They operate in the machine tool industry. They have strong backing of promoters with over three decades of experience in the machine tool industry. Their professional team is richly experienced in design, development, production, supply of machine tools, jigs, fixtures and accessories needed for precision engineering. This highly charged team’s commitment has won them various clients.

LML achieved a significant breakthrough by winning a prestigious turnkey order from M/s John Deere, Pune for their green field tractor project for supply of total manufacturing line for cylinder blocks, against stiff competition.

LML has also bagged a prestigious export order from M/s FPT Industrie Spa of Italy, for supply of milling and boring machines and successfully supplied over 35 machines and made its presence in the European markets. This order was a stepping-stone for the company in fulfilling its strategic initiative of becoming an exporter of machine tool products from India. Recently LML has also supplied about eight machines to Honda Motor cycles and scooters, Japan for their Indian requirement. LML had developed machines and supplied to HOWA, Japan under a long term contract and to Italy and the turnover from exports during the year 2004-05 was Rs.598 lakhs.

The company also entered the auto component segment by setting up dedicated lines of machines for manufacture and supply of cylinder blocks for Mahindra & Mahindra Limited (M&M) for their tractor, jeep and Scorpio divisions.

Technical partners of the company:

  • SCMS,  Japan
  • AVM Angelini- Italy.
  • Wenig Wemas, Germany
  • IMT Intermato, Italy

Product range of the company includes:

Special Purpose machine

  • Duplex Milling
  • Simplex Milling
  • Multi Spindle Drilling
  • Multi Spindle Tapping
  • Gun Drilling
  • Fine Boring
  • Broaching & more

Transfer Line

  • Linear Transfer Lines
  • Shuttle Type Transfer Lines
  • Auto Transfer Lines
  • Rotary Transfer Lines

Auto Component- The company specialize in supply of machine tools and accessories.

Milestones:

  • 1983-84 - Incorporation of the company- Certificate of Commencement of Business
  • 1988-89 - Entry into auto market, order received from Bajaj Auto.- company achieves landmark of Rs. 1 crore turnover.
  • 1994-95 - Turnover exceeds Rs. 5 crores for the first time- formation of auto component division.
  • 1995-96 - Contract signed with Mahindra & Mahindra for machining cylinder blocks(1st line)- Bagged orders from Ashok Leyland and Escorts for SPMs- Investment in the shares of the company by Gujarat Venture Finance Ltd.
  • 1996-97 - Crossed landmark of Rs. 10 crore turnover.
  • 1997-98 - Formation of CNC Division.- Bagged orders for CNC Lathes from Bharat Forge
  • 1998-99 - Formation of countrywide Dealer Network for CNC Division- Turnkey Contract signed with L & T John Deere Ltd. for total cylinder block semi automatic line supply
  • 1999-2000 - Crossed the landmark of Rs. 20 crores turnover- Bagged and executed the first export order
  • 2000-01 - Signed contract for machining 2nd and 3rd machining line for Mahindra &Mahindra Cylinder Blocks
  • 2002-03 - Best Exporter Award from Dr Sir M Visveswaraaiah Industrial Awards in the year 2001
  • 2003-04 - Japanese Auto major Honda Motors placed order with the company for supply of CNC machines to its Indian company.- Tie up with Howa Machine Corporation Japan for manufacture of High Speed Vertical Machining Centre for re-export.- Rs. 50 crore turnover achieved.- Certification for ISO 9001-2000 received for Machine Tool Division and QS - 9000 for Auto Components Division
  • 2004-05 Export of 2 machines to AVM Angelini, Italy- Doubled capacity for supply of cylinder blocks to Mahindra & Mahindra.- Export orders bagged for 25 machines valued at 375,000 Euro
  • 2005-06 - Bagged confirmed export orders for 42 machines valued at 630,000 Euro- Contract finalized with M/s Wenig-Wemas for export of lathes and VMCs to Europe- Recommendation obtained for TS-16949:2002 certification for quality management system for machining of automotive components.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.12%
1 Week
-5.06%
1 Month
+2.74%
3 Month
-9.64%
6 Month
+8.96%
1 Year
+78.93%
2 Year
+12.50%
5 Year
-46.65%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.04 1.09 0.47 0.76 2.03 1.76 3.57 4.80 -3.31
Return on Capital Employed (%) 14.11 10.30 9.06 9.37 8.46 8.81 9.49 10.42 1.65
Return on Assets (%) 2.99 0.38 0.16 0.26 0.73 0.71 1.64 2.38 -1.66

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 98 98 98 103 115 129 138 144 139
Non Curr. Liab. 66 62 65 50 48 35 21 19 23
Curr. Liab. 113 127 133 134 135 132 121 125 116
Minority Int.
Equity & Liab. 277 287 295 286 297 295 280 288 278
Non Curr. Assets 152 161 167 151 156 149 144 142 139
Curr. Assets 124 126 128 135 141 146 135 146 139
Misc. Exp. not W/O
Total Assets 277 287 295 286 297 295 280 288 278

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 164 140 112 118 121 132 175 190 126
Other Income 1 0 1 1 1 0 1 1 0
Total Income 165 141 113 119 122 132 176 191 126
Total Expenditure -129 -109 -84 -90 -96 -104 -146 -159 -114
PBIDT 36 32 29 29 26 28 29 32 13
Interest -15 -21 -19 -18 -15 -17 -14 -13 -12
Depreciation -8 -10 -9 -9 -7 -8 -8 -9 -9
Taxation -5 0 -1 -2 -1 -1 -2 -3 3
Exceptional Items
PAT 8 1 0 1 2 2 5 7 -5

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 25 27 30 24 17 21 30 31 11
Cash Fr. Inv. -35 -17 -14 7 -12 -7 -5 -10 -2
Cash Fr. Finan. 12 -11 -16 -22 -14 -15 -24 -21 -9
Net Change 1 -1 0 8 -9 0 1 0 0
Cash & Cash Eqvt 4 3 3 11 3 2 3 1 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 49.91 49.91 50.14 50.36 50.36 50.36 50.36 50.36 50.36
Public 50.09 50.09 49.86 49.64 49.64 49.64 49.64 49.64 49.64
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 69.79 66.43 50.55 50.33 50.33 50.33 50.33 48.11 38.68

Announcements View Details

Mon, 19 Jul 2021
Board Meeting Intimation for <BR> Intimation Of Board Meeting
LOKESH MACHINES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2021 inter alia to consider and approve Pursuant to Regulation 29 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday 27th July 2021 at the registered office of the Company inter-alia to consider and approve the following business(s):
1. To consider and approve the Un- Audited financial results of the Company for the quarter ended on 30th June 2021;
2. To consider and take note of Limited Review report of Statutory Auditor of the Company for the Un- Audited financial results for the quarter ended on 30th June 2021;
3. Any other matter with the permission of the Chair.
Wed, 14 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
This is with reference to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we herewith enclose notice for the attention of equity shareholders of the company published on 14.07.2021 intimating that the equity shares in respect of which dividend remained unclaimed for seven consecutive years would be transferred to the Demat Account of Investors Education and Protection fund Authority (IEPF) in the below-mentioned newspapers:
1. Financial Express (English daily)
2. Nava Telangana (Telgu daily)
Tue, 13 Jul 2021
Shareholding for the Period Ended June 30 2021
Lokesh Machines Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 26 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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