Last 4,019 INR
Change Today +89.80 / 2.29%
Volume 2.6K
LMW On Other Exchanges
Natl India
As of 11:00 AM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

lakshmi machine works ltd (LMW) Snapshot

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lakshmi machine works ltd (LMW) Details

Lakshmi Machine Works Limited primarily manufactures and sells textile spinning machinery 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 spinning machine components and spare parts, such as gears, spindles, rings, top rollers, cots and aprons, and flyers. It also provides machine tools consisting of turning, milling, and multitasking and turnmill products for various sectors, including auto components, automobile, tool room, industrial machines, motors, pumps, 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, Chief ...
Total Annual Compensation: 16.2M
Chief Financial Officer, Director of Finance,...
Total Annual Compensation: 7.5M
Compensation as of Fiscal Year 2014.

lakshmi machine works ltd (LMW) Key Developments

Lakshmi Machine Works Limited Approves Amendments to Articles of Association

Lakshmi Machine Works Limited announced that at the annual general meeting held on 6 August 2014, it approved the amendments to the articles of association of the company.

Lakshmi Machine Works Limited Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2014

Lakshmi Machine Works Limited reported unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 5,530.826 million against INR 4,022.564 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 418.915 million against INR 212.943 million a year ago. Profit from ordinary activities before tax was INR 677.850 million against INR 383.815 million a year ago. Net profit was INR 485.689 million or INR 43.11 per basic and diluted share before and after extra ordinary items against INR 253.715 million or INR 22.52 per before and after extra ordinary items last year.

Lakshmi Machine Works Limited to Report Q1, 2015 Results on Aug 06, 2014

Lakshmi Machine Works Limited announced that they will report Q1, 2015 results on Aug 06, 2014


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