Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Lokesh Machines Limited

NSE: LOKESHMACHIndustrial ProductsShort-term ASM stage 1

Share price

₹450.75

+0.65% close of 9 Oct 2026

Market cap ₹902 CrP/E 204.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

35

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹902 Cr

P/E ratio

204.0

P/B ratio

4.0

ROCE

6.4%

ROE

1.8%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹465.4552-week low ₹142.80

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 1.0% over the past year, and 5.1% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 13.8% to 18.2% over the last four years.

Whether it grew faster than its sector

It grew 5.1% a year against a sector median of 10.6% — 5.5 percentage points slower.

Room to re-rate, or risk of de-rating

At 204.0× earnings it costs 8.5× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 89.5×, across 5 companies. It is against its own five-year median of 41.2×, the 100th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Lokesh Machines Limited — this one-23%/yr204.0×—
INDOMIM8%/yr107.0×₹13.4
Aditya Infotech Limited48%/yr105.3×₹2.2
Syrma SGS Technology Limited39%/yr89.5×₹2.3
Honeywell Automation India Limited7%/yr53.0×₹7.6
Jyoti CNC Automation Limited157%/yr69.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Industrial Products), it ranks 65 of 75 on returns, 62 of 75 on growth, 17 of 75 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 6.4% on capital, ahead of 13% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹80 crore of cash from the business but spent ₹148 crore on plant and equipment, ₹68 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹87 crore to ₹169 crore. And the profit is real: of every 100 rupees it reported over 12 years, about 437 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 78 days for its cash to waiting 130 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 12 Aug 2026 · Standalone · Unaudited

Revenue

₹55 Cr

Revenue vs last year

+15.4%

Revenue vs last quarter

-6.6%

Net profit

₹1 Cr

Profit vs last year

+119.6%

Profit vs last quarter

-53.0%

Net margin

1.8%

EPS

₹0.49

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹902 Cr
Prev close
₹450.75
52w High
₹488
52w Low
₹139
Enterprise value
₹1,060 Cr
Beta
0.9
Price CAGR 1y
145.0%
Price CAGR 3y
27.0%
Price CAGR 5y
54.0%
Price CAGR 10y
20.0%

Ratios

Return on assets
0.8%
PEG ratio
-9.7
P/E ratio
204.0
P/B ratio
4.0
EV / EBITDA
27.0
Industry P/E
36.1
ROCE
6.4%
ROCE 5y average
8.2%
ROE
1.8%
Debt / Equity
0.7
Interest coverage
1.3
Dividend yield
0.0%
ROE 3y average
3.0%
ROE last year
2.0%

Annual P&L

Annual revenue
₹209 Cr
Annual profit
₹4 Cr
Operating margin
18.0%
Net profit margin
1.9%
EBITDA margin
18.2%
Sales growth 3y
-4.4%
Sales growth 5y
6.9%
Profit growth 3y
-23.0%
Profit growth 5y
-1.0%
EPS
₹1.9
Sales growth TTM
1.0%
Profit growth TTM
7467.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹55 Cr
Profit latest quarter
₹1 Cr
YoY quarterly sales growth
15.4%
YoY quarterly profit growth
119.6%
OPM latest quarter
17.3%

Balance Sheet

Book Value
₹114
Face Value
₹10.0
Total debt
₹169 Cr
Total cash
₹10 Cr
Borrowings
₹169 Cr
Reserves / Equity
10.4

Cash Flow

Operating cash flow
-₹13 Cr
Free cash flow
-₹29 Cr
FCF yield
-5.3%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
49.2%
FII holding
0.2%
DII holding
—
Public holding
50.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indo-MIM1,297.3599.464,1520.00240.131.61,218.79.425.0
Aditya Infotech3,940.00101.248,3150.04142.2332.51,402.489.528.6
Syrma SGS Tech.1,721.8589.433,2030.09105.7101.21,588.668.316.8
Honeywell Auto33,280.0052.629,4200.33150.720.91,204.41.816.9
Jyoti CNC Auto.1,035.0073.223,5380.0057.1-20.0508.524.021.3
Kaynes Tech3,303.0064.022,2040.0056.4-24.4946.040.512.7
LMW16,772.0098.117,9180.2155.5369.2860.724.05.6
Lokesh Mach.480.65237.01,0480.001.0119.655.515.46.4
Median342.6035.76440.005.731.374.623.215.9

Competes with: Aditya Infotech Limited, Honeywell Automation India Limited, INDOMIM, Jyoti CNC Automation Limited, Kaynes Technology India Limited, LLOYDS ENGINEERING WORKS LIMITED, LMW Limited, Syrma SGS Technology Limited, Tega Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales50768680637552394850515955
Expenses45677468546351313941414946
Material Cost252327333635
Change in Inventories-5.540.21-6.83-11-9.65-9.72
Purchases of Stock-in-Trade000000
Employee Cost9.769.5512111111
Other Expenses2.466.988.818.75129.84
Operating Profit5.729.8113128.04120.987.328.619.619.52119.60
OPM %1113151513161.89191819191817
Other Income0.400.270.360.650.500.200.320.460.280.210.160.410.32
Exceptional items (within Other Income)000000
Interest2.642.982.902.963.693.793.833.884.405.014.754.224.65
Depreciation2.392.402.732.453.313.353.633.583.773.9143.933.86
Profit before tax1.094.707.677.091.545.20-6.160.320.720.900.932.761.41
Tax %303034343334-33593630332228
Net Profit0.763.295.114.691.033.45-4.100.130.460.630.632.151.01
EPS in Rs0.421.842.862.540.561.87-2.140.070.230.320.321.080.47
Diluted EPS in Rs0.060.230.310.311.080.49

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales118121132175190126150201239294228209216
Expenses91107104146159113125171211253200170177
Material Cost135118
Change in Inventories-18-28
Purchases of Stock-in-Trade00
Employee Cost5343
Other Expenses3036
Operating Profit27142829311225302940283839
OPM %23122116161017151214121818
Other Income31201101162111
Exceptional items (within Other Income)00
Interest18151714131212121111151819
Depreciation9788998999.97141616
Profit before tax343710-85915210.895.316
Tax %7139363434-42273233333927
Net Profit12257-54610140.543.864
EPS in Rs0.641.451.242.633.78-2.612.213.555.407.490.281.932.19
Diluted EPS in Rs0.281.95
Dividend Payout %79340000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
6%
5 years
7%
3 years
-4%
TTM
1%

Compounded profit growth

10 years
6%
5 years
-1%
3 years
-23%
TTM
7467%

Stock price CAGR

10 years
20%
5 years
54%
3 years
27%
1 year
145%

Return on equity

10 years
3%
5 years
4%
3 years
3%
Last year
2%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121517181818181818181920
Reserves91100112120126121125131141177193208
Borrowings11611297847779878788118134169
Other Liabilities677069586760575879778198
Total Liabilities286297295280288278287294326391428496
Fixed Assets789986109102100116117122171204203
CWIP412941192526471616710
Investments862222221111
Other Assets159164167151160151164169187202216281
Total Assets286297295280288278287294326391428496

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity241721303111923321721-13
Cash from Investing Activity7-12-7-5-10-2-4-11-22-60-37-16
Cash from Financing Activity-22-14-15-24-21-9-5-12-10421629
Net Cash Flow8-9-01-0-0-0-00-0-00
Free Cash Flow30311252288118-42-16-29

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6589735274849780626065121
Inventory Days623537544376356602500329300256428680
Days Payable192176166108138169135937980113217
Cash Conversion Cycle496450451319291518462316283237379584
Working Capital Days-3112322433609478525868130
ROCE %999910289101156

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Sep 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters525151515252535454545049
FIIs0.570.270.210.2000000000.23
Public474949494848474646465051
No. of Shareholders18,73918,83822,49322,15025,56925,71024,92725,32924,43023,30821,89420,694

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +135.7% (₹191.25 → ₹450.75)Brick size ₹26.56 (fixed)Bricks 11
₹200₹300₹400₹451Apr '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹450.75 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

159inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-09-30

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-09-30

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-09-30

R&D as % of revenue

0.44pct

2026-03-31

News

News and filings about Lokesh Machines Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Aluminium
  • Bought-out components (CNC controls, drives, guideways, spindles)
  • Cast iron castings
  • Electricity / power
  • Steel and steel components

Depends on the price of

  • aluminium
  • steel

Sells to

  • Ashok Leyland · Special purpose machines and machined auto components (cylinder blocks and heads); named i…
  • Bajaj Auto · Special purpose machines and machined engine components; named in Marquee Clientele
  • Border Security Force (BSF) · Small arms - ASMI machine pistols and carbines
  • CIE Automotive India Limited · Special purpose machines and machined components; named as 'Mahindra CIE' in Marquee Clien…
  • Caterpillar · Special purpose machines and machining systems; named in Marquee Clientele
  • Craftsman Automation Limited · Special purpose machines for cylinder block/head machining; named in Marquee Clientele
  • Cummins India Limited · Special purpose machines for engine machining lines; named in Marquee Clientele
  • Defence Research and Development Organisation · Small arms development partnership - ASMI machine pistol co-developed with DRDO ARDE
  • Directorate General Assam Rifles, Ministry of Home Affairs · 9x19mm carbines with accessories, essential spares and gauges
  • Eicher Motors · Special purpose machines for Euro VI engine cylinder block and head lines, via the Volvo E…
  • Escorts Kubota Limited · Special purpose machines and machined components for tractor engines; named in Marquee Cli…
  • FORCE MOTORS LTD · Special purpose machines and machined components; named in Marquee Clientele
  • Federal-Mogul Goetze (India) Limited. · Special purpose machines and machining systems for piston/ring manufacturing; named in Mar…
  • GNA Axles Limited · Special purpose machines and machining systems for axle components; named in Marquee Clien…
  • Hinduja Foundries · Special purpose machines and machining systems for castings; merged into Ashok Leyland
  • Honda (Honda Cars India / Honda Motorcycle & Scooter India) · Special purpose machines and machined components; named in Marquee Clientele
  • Indian Army - Northern Command · ASMI 9x19mm submachine guns / machine pistols
  • John Deere · Special purpose machines and machining systems; named in Marquee Clientele
  • Kirloskar Oil Engines Limited · Special line boring machine and gauging systems for engine machining; named as 'Koel Green…
  • Mahindra & Mahindra · Special purpose machines and machined auto components; named in Marquee Clientele (Mahindr…
  • Mahle GmbH · Special purpose machines and machining systems; named in Marquee Clientele
  • Maruti Suzuki India · Special purpose machines and machined components; named in Marquee Clientele
  • National Security Guard (NSG) · Small arms - ASMI machine pistols and carbines
  • Nelcast Limited · Special purpose machines and machining systems for castings; named in Marquee Clientele
  • Rane Group · Special purpose machines and machining systems; presentation names the group rather than a…
  • Rico Auto Industries Limited · Special purpose machines and machining systems; named in Marquee Clientele
  • Small Arms Factory, Kanpur (Advanced Weapons & Equipment India Ltd) · Small arms components and machining
  • Sonalika / International Tractors Ltd · Special purpose machines for tractor engine machining; unlisted
  • Sundaram Clayton Limited · Special line boring machine and gauging systems
  • Suzuki (Suzuki Motorcycle India / Suzuki Motor) · Special purpose machines and machined components; named in Marquee Clientele

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Industrial Products
Classification
Capital Goods › Industrial Products
ISIN
INE397H01017

Business segments

  • Machinery Division · 93%
  • Components Division · 7%

Plants

  • Balanagar Component Division (B-36/B-41, EEIE Stage-II)
  • Balanagar Unit (B-29, EEIE Stage-II) - Registered Office and Machine Tools
  • Bonthapally unit
  • Medchal unit
  • Ranjangaon-Pune unit · Pune, Maharashtra
  • Toopran unit

News impact

Big market events that reach Lokesh Machines Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

22 Sep 2016unspecified₹0.5
23 Sep 2015unspecified₹0.5
23 Sep 2014final₹0.5
20 Sep 2013unspecified₹0.75
21 Sep 2012unspecified₹0.5
22 Sep 2011unspecified₹1
17 Sep 2010unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.