Veejay Lakshmi Engineering Works Ltd

Veejay Lakshmi Engineering Works Ltd (VJLAXMIE) is a micro-cap Capital Goods company valued at ₹20 crore operating in Industrial Products on the NSE and BSE.

Recent price move

Veejay Lakshmi Engineering Works Ltd last traded at ₹39.11, modestly up 0.03% on the day.

Recent developments

On 2026-09-30, the promoter holding was reported at 63.83%, with no changes noted in foreign or domestic institutional holdings. The company's latest financial year ended on 2026-03-31, reporting a net loss of ₹5 crore.

Financial performance

The company's annual revenue grew 0.7% to ₹80 crore, but net profit widened to a ₹5 crore loss, reflecting a decline in net profit margin to -6.8% from -4.1%. In the latest quarter, revenue fell 22.2% year-on-year to ₹16 crore, while the net loss narrowed to ₹0 crore from ₹2 crore.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 1.91 times book value.

Things to watch

The company reported a net loss of ₹5 crore in its latest financial year, with a net profit margin of -6.8%. The debt to equity ratio is 2.95, indicating a highly leveraged position. The stock is 32.0% below its 52-week high.

Where it stands

The company ended its latest financial year with a net loss of ₹5 crore, while the stock is 32.0% below its 52-week high. The debt to equity ratio remains at 2.95, highlighting a highly leveraged position.

Summarised by DocStoX's model on 2026-10-18 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.