Lokesh Machines Limited

Lokesh Machines Limited (LOKESHMACH) is a micro-cap Capital Goods company valued at ₹933 crore operating in Industrial Products on the NSE and BSE.

Recent price move

Lokesh Machines Limited last traded at ₹433.7, modestly up 1.84% on the day.

Recent developments

On 2026-07-31, promoter holding was reported at 49.17%, with no changes in foreign or domestic institutional holdings. The company has not paid any dividends despite reporting profits, which may indicate a focus on reinvestment or liquidity management.

Financial performance

The company's annual revenue fell 8.5% to ₹209 crore, but net profit surged 286.0% to ₹4 crore, driven by a sharp rise in net profit margin to 1.9% from 0.4%. In the latest quarter, revenue rose 15.4% year-on-year to ₹55 crore, while net profit jumped 119.6% to ₹1 crore, reflecting improved profitability.

Valuation multiples

The stock trades at 222.4 times earnings, 2.89 times book value.

Things to watch

The company's profit growth has been declining over the past five years, with a 0.7% annual decrease. The return on equity remains low at 1.7%, and the company has not distributed any dividends to shareholders, raising questions about its capital allocation strategy.

Where it stands

Lokesh Machines Ltd ended the latest quarter with a net profit of ₹1 crore, up 119.6% from the same period a year earlier. The company's net profit margin has more than doubled, but its five-year profit growth has been negative. The stock is currently 2.6% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.