Lakshmi Machine Works Limited (LAXMIMACH)
MSE XNSE Primary MSE Summary
LAXMIMACH Chart
Lakshmi Machine Works Limited (LAXMIMACH) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Lakshmi Machine Works Limited ever had a stock split?
Lakshmi Machine Works Limited Profile
| Machinery Industry | Industrials Sector | Mr. Sanjay Jayavarthanavelu MBA CEO | MSE Exchange | INE269B01029 ISIN |
| India Country | 3,590 Employees | 24 Jul 2024 Last Dividend | 13 Dec 2006 Last Split | - IPO Date |
Overview
Lakshmi Machine Works Limited, established in 1962 and headquartered in Coimbatore, India, is a prominent enterprise that operates mainly in the manufacturing sector, catering to the needs of the textile machinery market, CNC machine tools domain, and the aerospace industry with its vast range of products and solutions. The company's business structure is segmented into three main divisions: Textile Machinery Division, Machine Tool & Foundry Division, and Advanced Technology Centre, each dedicated to servicing different market requirements with precision and innovative technology. Through its comprehensive portfolio and persistent focus on quality and innovation, Lakshmi Machine Works Limited has not only cemented its position in the Indian market but also has a significant presence in the international arena through exports.
Products and Services
- Textile Machinery:
Lakshmi Machine Works Limited offers a diverse range of textile machinery products designed for the modern textile industry. This includes card sliver systems, combing systems, ring and compact spinning solutions, mill network systems, and blending solutions. These products are engineered to enhance efficiency and productivity in textile manufacturing operations, adhering to the evolving needs of the global textile market.
- Foundry Products:
The company's Machine Tool & Foundry Division produces high-quality foundry products that serve a variety of industries. This segment includes high-precision locomotive castings/turbocharger parts, marine transmission castings, power, and energy products, as well as pumps and valves. These foundry products are pivotal in various industrial applications where durability and precision are key.
- Aerospace Components:
Under its Advanced Technology Centre segment, Lakshmi Machine Works Limited manufactures and supplies aerospace components, which include aero engine parts, aerostructures and structural assemblies, sheet metal and special process components, and aerospace composites. These high-stakes components require adherence to stringent quality standards, showcasing LMW's commitment to excellence and innovation in the aerospace industry.
