Lokesh Machines Ltd
NSE: LOKESHMACH · Industrial Products · sector
₹351.15NSE close 2026-10-26
Key numbers
Market cap₹748 cr
Price₹351.15
52w high / low₹488 / ₹139
P/E160.3xSector median 24.2x
P/B3.3xSector median 2.8x
Book value₹107.2
Dividend yield–Sector median 0.50%
ROE2.0%Sector median 11.5%
ROCE6.2%Sector median 13.4%
OPM18.2%Sector median 10.3%
Debt / equity0.74xSector median 0.17x
EV/EBITDA23.1xSector median 16.7x
Interest cover1.3x
Current ratio1.47x
Sales growth 3y-4.6%Sector median +10.2%
Profit growth 3y-26.4%Sector median +12.8%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹10 cr vs borrowings ₹169 cr (FY26): borrowings are higher by ₹159 cr.
- Borrowings rose in each of the last 3 years (₹88 cr → ₹169 cr).
- Operating profit covered interest 1.3x in the last 12 months.
- 15.33% of the promoters' shares are pledged (7.5% of all shares).
- Promoter holding fell by 4.43 percentage points in a year, to 49.17% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 25% of net profit in the last 12 months.
- Debtor days went from 60 (FY24) to 121 (FY26).
- No dividend in the last 5 financial years.
- Price ₹351.15 on 2026-10-26: -28.0% from the 52-week high, +152.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹450.75 · low ₹130.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75 | 52 | 39 | 48 | 50 | 51 | 59 | 55 |
| EBITDA | 12 | 1 | 7 | 9 | 10 | 10 | 10 | 10 |
| OPM % | 16.1% | 1.9% | 18.9% | 17.9% | 19.1% | 18.8% | 17.7% | 17.3% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 3 | -4 | 0 | 0 | 1 | 1 | 2 | 1 |
| EPS (₹) | 1.88 | -2.14 | 0.06 | 0.23 | 0.31 | 0.31 | 1.08 | 0.49 |
| Revenue YoY | -33.0% | -2.0% | +53.4% | +15.4% | ||||
| Profit YoY | -81.9% | – | +1,553.8% | +119.6% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 202 | 240 | 294 | 228 | 209 | 216 |
| EBITDA | 30 | 30 | 40 | 28 | 38 | 39 |
| Net profit | 6 | 10 | 14 | 1 | 4 | 4 |
| EPS (₹) | 3.55 | 5.41 | 7.68 | 0.28 | 1.95 | 2.19 |
| Revenue growth | +19.1% | +22.2% | -22.2% | -8.7% | +1.0% | |
| Profit growth | +52.3% | +43.2% | -96.1% | +614.8% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -4.6% | +6.8% | +1.0% |
| Net profit | -26.4% | -0.5% | – |
| EPS | -28.8% | -2.5% | – |
| Share price | – | -0.3% (2y) | +90.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 159 | 196 | 213 | 228 |
| Borrowings | – | 88 | 118 | 134 | 169 |
| Cash & equivalents | – | 7 | 8 | 9 | 10 |
| Total assets | – | 326 | 391 | 428 | 496 |
| Fixed assets | – | 118 | 166 | 199 | 199 |
| Capital work in progress | – | 15 | 16 | 6 | 9 |
| Investments | – | 1 | 1 | 1 | 1 |
| Receivables | – | 41 | 48 | 40 | 69 |
| Inventory | – | 112 | 117 | 137 | 169 |
| Payables | – | 30 | 37 | 36 | 54 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 23 | 32 | 17 | 21 | -13 |
| Cash from investing | -11 | -22 | -60 | -37 | -16 |
| Cash from financing | -12 | -10 | 42 | 16 | 29 |
| Capex | 0 | 24 | 59 | 37 | 16 |
| Free cash flow | 23 | 8 | -42 | -16 | -29 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.1% | 7.1% | 0.3% | 1.7% |
| ROCE % | – | 10.2% | 10.2% | 4.6% | 6.0% |
| Debtor days | – | 62 | 60 | 65 | 121 |
| Inventory days | – | 300 | 256 | 428 | 680 |
| Payable days | – | 79 | 80 | 113 | 217 |
| Cash conversion cycle (days) | – | 283 | 236 | 380 | 584 |
| Working capital days | – | 62 | 68 | 84 | 148 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 49.17% |
| FIIs | 0.23% |
| Public (non-institutions) | 50.60% |
| Quarter | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | May 2026 | Jun 2026 | Jul 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 53.16% | 53.60% | 53.60% | 53.60% | 50.33% | 50.33% | 49.17% | 49.17% |
| Promoter group | % |
|---|---|
| Srinivas Mullapudi | 12.00% |
| Srikrishna Mullapudi | 10.99% |
| Kishore Babu Bollineni | 6.17% |
| Lokeswara RAO Mullapudi | 4.95% |
| Mullapudi Kanakadurga | 3.21% |
| Asha Kiran Cherukuri | 2.57% |
| Likhitha Mullapudi | 2.54% |
| Late Vijayalakshmi Mullapudi | 2.38% |
| SAI Kiran Cherukuri | 1.33% |
| Srirekha Cherukuri | 1.04% |
| Bollineni Vijaya Lakshmi | 0.65% |
| Bollineni Shilpa | 0.48% |
| Naga Satya Swaroopa Rani Mullapudi | 0.25% |
| SRI Harsha Bollineni | 0.15% |
| Mullapudi Siddharth | 0.15% |
| Public holders above 1% | % |
|---|---|
| Ashok Atluri | 2.76% |
| Zenila Ventures LLP | 2.75% |
20,694 shareholders. Pledged: 15.33% of promoter shares.
Peers in Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDOMIM | ₹52,085 cr | – | – | – | – | – | – | – |
| CPPLUS | ₹45,577 cr | 94.7x | 24.3x | 25.5% | 33.3% | 14.5% | – | 0.04% |
| SYRMA | ₹28,803 cr | 77.7x | 10.1x | 17.4% | 17.6% | 11.1% | +33.0% | 0.10% |
| HONAUT | ₹27,500 cr | 50.1x | 6.2x | 13.0% | 16.9% | 13.3% | +10.7% | 0.34% |
| KAYNES | ₹22,167 cr | 64.0x | 4.7x | 9.1% | 11.1% | 15.5% | +47.7% | – |
| JYOTICNC | ₹20,523 cr | 63.8x | 10.3x | 17.4% | 18.5% | 24.4% | – | – |
| LMW | ₹17,267 cr | 84.2x | 5.7x | 7.0% | 9.3% | 7.1% | -12.1% | 0.19% |
| TEGA | ₹12,752 cr | 447.9x | 3.7x | 0.9% | 4.5% | 7.5% | +11.7% | 0.11% |
| LLOYDSENGG | ₹12,248 cr | 48.1x | 7.3x | 14.1% | 15.1% | 14.2% | +60.9% | 0.27% |
| LOKESHMACH | ₹748 cr | 160.3x | 3.3x | 2.0% | 6.2% | 18.2% | -4.6% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Machinery Division | ₹195 cr | 93.0% | ₹29 cr | 14.8% |
| Components Division | ₹15 cr | 7.0% | ₹0 cr | 2.2% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-11-24 | Other | Extra Ordinary General Meeting |
| 2023-09-21 | Other | Annual General Meeting |
| 2022-09-20 | Other | Annual General Meeting |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-09-18 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-20 | Other | Annual General Meeting |
| 2016-09-22 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2015-09-23 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2014-09-23 | Dividend | Annual General Meeting / Final Dividend - Re 0.50/- Per Share |
| 2013-09-20 | Dividend | Annual General Meeting/Dividend Re 0.75/- Per Share |
| 2012-09-21 | Dividend | Annual General Meeting And Dividend Re.0.50 Per Share |
| 2011-09-22 | Dividend | Annual General Meeting And Dividend Rs.1/- Per Share |
| 2010-09-17 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2009-09-18 | Other | Annual General Meeting |
| 2008-09-18 | Dividend | Agm/Dividend - 25% |
| 2007-09-18 | Dividend | Agm/Final Dividend-10% |
| 2007-03-22 | Dividend | Interim Dividend-15% Purpose Revised |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Industrial Products |
| Sub-industry | Industrial Products |
| Symbol | LOKESHMACH |
| BSE code | 532740 |
| ISIN | INE397H01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.