Textile - Machinery
|Market Cap||14,017 Cr||EPS||283.7||High||13219.95|
|Stock P/E||46.3||Net Profit Margin||7.4||Low||13015|
About the Company
Lakshmi Machine Works Limited, a leading textile machinery manufacturer in India and one among the three in the world to produce the entire range of Spinning Machinery. In 1962, Lakshmi Machine Works (LMW) was founded to provide Indian textile mills with the latest Spinning Technology. It caters to the domestic market as well as exports products to the Asian and Oceanic regions.
LMW diversified into CNC Machine Tools and is a brand leader in manufacturing customised products. LMW Foundry makes Precision Castings for industries world over. LMW has added the Advanced Technology Centre to manufacture components for the aerospace industry.
Business area of the company
The company is engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings and parts and components for Aero space industry. The company caters to both domestic and international markets.
|Parent Organisation||Lakshmi Machine Works Ltd.||Managing Director||Sanjay Jayavarthanavelu|