Lokesh Machines Limited (LOKESHMACH)

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Lokesh Machines Limited (LOKESHMACH) · mywealthgrid

About

Lokesh Machines Limited manufactures industrial products within the Industrials sector with quarterly revenue ₹50–60 Cr and market cap ₹739.32 Cr. Small-cap with high promoter concentration (50.33%) and no institutional holdings. End-market focus, customer concentration, and competitive positioning remain to be verified.

Face value: ₹10

Market cap

₹854 Cr

P/E

193.1×

P/B

3.5×

Dividend yield

ROE

1.8%

ROCE

7.9%

Debt / equity

0.74

OPM

18.3%

EPS (TTM)

₹2.2

Book value

₹114.2

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Earnings collapse: Net profit lost ₹4.1 Cr in Dec 2024 (OPM fell to 1.89% from 18–19% range); underlying cause unclear — verify one-off charge vs. structural issue

Capital inefficiency: ROE 1.75% despite OPM 18.34% indicates poor asset deployment — verify asset underutilization, excess cash, or equity write-downs

Valuation fragility: PE 167.27 leaves zero safety margin; earnings miss triggers sharp re-rating

Thin institutional base: 0% FII/DII with ₹739 Cr market cap limits liquidity and research coverage

Generated analysis · source review pending

Growth drivers

Revenue momentum: 53% YoY growth (₹38.69 Cr Mar 2025 to ₹59.36 Cr Mar 2026) — verify if driven by sector demand, project completions, or share gains

Margin recovery: OPM normalized from 1.89% (Dec 2024 loss) to 17–19% in recent quarters — verify sustainability as volumes grow

Industrial sector opportunity: Verify addressable market size, capex cycle timing, and competitive positioning for growth runway

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹400.8+17.3%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Low return on equity of 3.3% (3-yr avg)
−Profit declined 0.5% a year over the last 5 years
−Modest revenue growth of 6.8% a year over the last 5 years
−Weak interest coverage of 1.3×
−Expensive at 193.1× trailing earnings
−Promoter holding fell 2.8 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

31/100

Business quality: 24
Growth: 42
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Indo-Mim LimitedINDOMIMINDOMIM	₹62,891 Cr	₹63,981 Cr	₹4,193 Cr	₹1,071 Cr	25.5%	₹534 Cr	12.7%	29.6%	21.3%	—
Aditya Infotech LimitedCPPLUSCPPLUS	₹44,797 Cr	₹44,910 Cr	₹4,883 Cr	₹709 Cr	13.4%	₹477 Cr	8.7%	33.8%	25.5%	61
Syrma Sgs Technology LimitedSYRMASYRMA	₹33,121 Cr	₹33,474 Cr	₹5,464 Cr	₹610 Cr	11.3%	₹402 Cr	7.2%	18.7%	15%	48
Honeywell Automation India LimitedHONAUTHONAUT	₹29,454 Cr	₹29,454 Cr	₹4,703 Cr	₹637 Cr	12.9%	₹551 Cr	11.2%	16.7%	12.4%	-12
Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC	₹23,470 Cr	₹24,320 Cr	₹2,191 Cr	₹535 Cr	25.2%	₹322 Cr	16.1%	25.3%	18.2%	359
Kaynes Technology India LimitedKAYNESKAYNES	₹22,773 Cr	₹23,648 Cr	₹3,899 Cr	₹609 Cr	15.8%	₹346 Cr	10%	15.4%	9.6%	193
Lmw LimitedLMWLMW	₹17,706 Cr	₹17,706 Cr	₹3,374 Cr	₹219 Cr	5.3%	₹175 Cr	4.1%	6.4%	4.6%	23
Tega Industries LimitedTEGATEGA	₹15,721 Cr	₹16,039 Cr	₹3,059 Cr	₹231 Cr	13.7%	₹21 Cr	8.4%	8.5%	5.9%	153
Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG	₹14,553 Cr	₹14,587 Cr	₹1,611 Cr	₹229 Cr	14.5%	₹163 Cr	15.2%	17.5%	16.4%	184
Kennametal India LimitedKENNAMETKENNAMET	₹9,411 Cr	₹9,411 Cr	₹991 Cr	₹179 Cr	18.1%	₹114 Cr	11.5%	24.5%	18.5%	170
Dynamatic Technologies LimitedDYNAMATECHDYNAMATECH	₹9,354 Cr	₹9,883 Cr	₹1,675 Cr	₹200 Cr	11.3%	₹42 Cr	2%	12.3%	4.3%	142
Standard Engineering Technology LimitedSETLSETL	₹8,318 Cr	₹8,376 Cr	₹849 Cr	₹129 Cr	15.4%	₹89 Cr	10.7%	15.5%	10.7%	335

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	121	132	183	190	126	150	202	240	294	228	209
COGS	-62	-64	93	98	60	73	109	137	167	117	91
Gross profit	—	—	90	92	66	78	93	104	126	112	118
	157	168	61	61	54	53	63	75	86	83	80
	25	28	29	31	12	25	30	29	40	28	38
OPM %	21%	21.2%	15.6%	16.4%	9.6%	16.6%	14.7%	11.9%	13.7%	12.5%	18.3%
Depreciation	7	8	8	9	9	8	9	9	10	14	16
Interest	15	17	14	13	12	12	12	11	11	15	18
	1	0	1	1	0	1	1	6	2	1	1
Profit before tax	4	3	7	10	-8	5	9	15	21	1	5
Tax	1	1	2	3	-3	1	3	5	7	0	1
Tax %	29.3%	36.1%	34.2%	33.6%	-42.3%	26.9%	32.2%	33.3%	32.7%	39.3%	27.3%
	3	2	5	7	-5	4	6	10	14	1	4
PAT margin %	2.1%	1.7%	2.6%	3.6%	-3.7%	2.6%	3.2%	4%	4.7%	0.2%	1.9%
EPS (₹)	1.8	1.3	2.7	3.8	-2.6	2.2	3.6	5.4	7.7	0.3	2
EPS adjusted (₹)	—	—	—	—	-2.6	2.2	3.6	5.4	7.5	0.3	1.9
	28.4%	0%	0%	0%	—	0%	0%	0%	0%	0%	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	18	18	18	18	19	19	20
Reserves	121	125	131	141	178	193	208
	75	87	87	88	118	134	169
	63	57	58	79	77	81	98
Total equity & liabilities	278	287	294	326	391	428	496
	95	112	113	119	167	200	199
CWIP	26	5	7	15	16	6	9
Investments	2	2	2	1	1	1	1
	155	169	173	191	206	221	286
Total assets	278	287	294	326	391	428	496

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Machinery Division	194.91	28.94	321.46	161.9	159.56	18.14
Components Division	14.7	0.32

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	48.4%	52.2%	51.7%	46%	43.2%	43%	48.9%	56.5%
EBITDA margin %	16.4%	9.6%	16.6%	14.7%	11.9%	13.7%	12.5%	18.3%
EBIT margin %	11.6%	2.5%	11%	10.3%	8.1%	10.3%	6.4%	10.9%
PAT margin %	3.6%	-3.7%	2.6%	3.2%	4%	4.7%	0.2%	1.9%
Working capital
Receivable days	—	84	97	79	62	60	65	121
Inventory days	—	603	500	329	300	256	428	680
Payable days	—	169	135	93	79	80	113	217
NWC days	—	518	462	315	283	236	379	584
Leverage
Current ratio	—	1.2	1.47	1.44	1.31	1.41	1.36	1.47
Debt to EBITDA	—	6.24	3.49	2.92	3.09	2.93	4.7	4.43
Debt to equity	—	0.54	0.61	0.58	0.55	0.6	0.63	0.74
Interest coverage	1.8	0.3	1.4	1.8	2.2	2.8	1.1	1.3
Asset turnover	—	0.45	0.52	0.69	0.74	0.75	0.53	0.42
Return ratios
Return on assets %	—	-1.7%	1.4%	2.2%	3%	3.5%	0.1%	0.8%
Return on capital employed %	—	2.2%	10.6%	11.9%	12.5%	14.2%	6%	7.9%
Return on equity %	—	-3.4%	2.8%	4.3%	6.1%	7.1%	0.3%	1.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	52.4%	52.4%	50.76%	50.76%	50.76%	51.75%	52.19%	53.16%	53.6%	53.6%	53.6%	50.33%
FII	0.32%	0.57%	0.27%	0.21%	0.2%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	47.28%	47.03%	48.97%	49.03%	49.04%	48.25%	47.81%	46.84%	46.4%	46.4%	46.4%	49.67%
No. of shareholders	—	—	—	—	—	—	—	—	25,329	24,430	23,308	21,894

Promoter holding down 2.07 percentage points since Sep 2023.

57 deals · 29 Sept 2021 – 25 Mar 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
25 Mar 2026	BK LEGACY TRUST	Bulk	NSE	Sell	1,00,000	₹194.67	₹1.95 Cr
19 Sept 2025	VISHAL KARWA	Bulk	NSE	Sell	1,00,000	₹182.68	₹1.83 Cr
11 Mar 2025	PANNU BHANSALI	Bulk	NSE	Buy	1,58,050	₹153.95	₹2.43 Cr
11 Mar 2025	NIRMALA NAGDA	Bulk	NSE	Sell	97,338	₹153.34	₹1.49 Cr
10 Mar 2025	PANNU BHANSALI	Bulk	NSE	Sell	1,58,050	₹156.36	₹2.47 Cr
10 Mar 2025	NIRMALA NAGDA	Bulk	NSE	Buy	1,03,050	₹155.82	₹1.61 Cr
7 Nov 2024	VISHAL KARWA	Bulk	NSE	Buy	1,02,000	₹390.00	₹3.98 Cr
6 Sept 2024	RAJYA LAKSHMI PENMETSA	Bulk	NSE	Buy	93,641	₹425.24	₹3.98 Cr
4 Apr 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	95,356	₹439.59	₹4.19 Cr
4 Apr 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	95,356	₹439.77	₹4.19 Cr

1–10 of 57

1 / 6

Mr. Yugandhar MekaNon-Executive - Independent Director-Chairperson
Mr. Mullapudi Lokeswara RaoExecutive Director-MD
Mr. Kishore Babu BollineniExecutive Director
V Sudhakara ReddyCheif Financial Officer
Mr. Mullapudi SrinivasExecutive Director
Mr. Mullapudi SrikrishnaExecutive Director
Mr. Dorairajan BalajiNon-Executive - Independent Director
Mr. Kolkappadam Vadavatath Sanil BabuNon-Executive - Independent Director
Mr. Krishna Swamy KallahallaNon-Executive - Non Independent Director
Ms. Likhitha MullapudiNon-Executive - Non Independent Director
Mr. Pusuluru Kodanda Rami ReddyCompany Secretary & Compliance Officer

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Lokesh Machines Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

9

Final dividend22 Sept 2016 · ex-date₹0.5
Final dividend23 Sept 2015 · ex-date₹0.5
Final dividend23 Sept 2014 · ex-date₹0.5
Final dividend20 Sept 2013 · ex-date₹0.75
Dividend dividend21 Sept 2012 · ex-date₹0.5
Dividend dividend22 Sept 2011 · ex-date₹1
Dividend dividend17 Sept 2010 · ex-date₹1
Dividend dividend18 Sept 2008 · ex-date₹2.5
Dividend dividend18 Sept 2007 · ex-date₹1

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

17 announcementsExport CSV

27 Aug 2026, 6:01 pmAGM/EGM

Notice Of Shareholders Meeting

AGM PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	48.4%	52.2%	51.7%	46%	43.2%	43%	48.9%	56.5%
EBITDA margin %	16.4%	9.6%	16.6%	14.7%	11.9%	13.7%	12.5%	18.3%
EBIT margin %	11.6%	2.5%	11%	10.3%	8.1%	10.3%	6.4%	10.9%
PAT margin %	3.6%	-3.7%	2.6%	3.2%	4%	4.7%	0.2%	1.9%
Working capital
Receivable days	—	84	97	79	62	60	65	121
Inventory days	—	603	500	329	300	256	428	680
Payable days	—	169	135	93	79	80	113	217
NWC days	—	518	462	315	283	236	379	584
Leverage
Current ratio	—	1.2	1.47	1.44	1.31	1.41	1.36	1.47
Debt to EBITDA	—	6.24	3.49	2.92	3.09	2.93	4.7	4.43
Debt to equity	—	0.54	0.61	0.58	0.55	0.6	0.63	0.74
Interest coverage	1.8	0.3	1.4	1.8	2.2	2.8	1.1	1.3
Asset turnover	—	0.45	0.52	0.69	0.74	0.75	0.53	0.42
Return ratios
Return on assets %	—	-1.7%	1.4%	2.2%	3%	3.5%	0.1%	0.8%
Return on capital employed %	—	2.2%	10.6%	11.9%	12.5%	14.2%	6%	7.9%
Return on equity %	—	-3.4%	2.8%	4.3%	6.1%	7.1%	0.3%	1.7%

Date	Category	Subject	Filing
27 Aug 2026, 6:01 pm	AGM/EGM AGM	Notice Of Shareholders Meeting	PDF
26 Aug 2026, 12:03 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
18 Aug 2026, 12:59 pm	Company Update General	Utilisation Certificate From Statutory Auditor''s.	PDF
14 Aug 2026, 5:24 pm	Company Update General	Intimation Of Receipt Of Listing Approvals	PDF
15 Jul 2026, 7:17 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
11 Jul 2026, 11:46 am	Others Outcome without intimation	Board Meeting Outcome for Conversion Of Warrants And Allotment Of Equity Shares	PDF
9 Jul 2026, 5:52 pm	Company Update General	Intimation Received From The Ministry Of External Affairs, Government Of India, Confirming Removal From The United States Department Of The Treasury''s Office Of Foreign Assets Control (OFAC) Specially Designated Nationals And Blocked Persons (SDN) List.	PDF
9 Jul 2026, 1:18 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	17	21	30	31	11	9	23	32	17	21	-13
	-12	-7	-5	-10	-2	-4	-11	-22	-60	-37	-16
	-14	-15	-24	-21	-9	-5	-12	-10	42	16	29
Net cash flow	-9	-0	1	-0	-0	-0	-0	0	-0	-0	0
Free cash flow	3	11	23	22	8	6	23	8	-42	-16	-29
CFO / Operating profit %	66%	75.5%	106.2%	99.7%	94.2%	37.5%	77.6%	110.9%	43.3%	73.5%	-35%

Lokesh Machines Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

9

1

Announcements

9

1

No fund holdings on record

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Companents Division · revenue

Lokesh Machines Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends9

Board meetings1

Announcements

Dividends9

Board meetings1

Ratio timeline

No fund holdings on record

Not in the F&O segment

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Companents Division · revenue

9

1

9

1