'
Lakshmi Machine Works hosted a
conference call on Oct 27, 2023. In the conference call the company was
represented by V Senthil, CFO.
Key takeaways of the call
Current TMD (textile machinery
division) domestic order book is healthy at Rs 4300 crore and of which Rs 3300
crore is active orders book. The exports
order book is about Rs 440 crore largely in the books of its LMW
MiddleEast.
H1FY24 revenue mix is 75%
domestic, 11% Exports and 14% is spares.
Of the MTFD (Machine Tools &
Foundry Division) revenue about 10% is from foundry and balance 90% are from
Machine Tools (MT).
ATC (advance technology centre) –
Strong growth in revenue of ATC for H1FY24 was largely due to lot of pull and
strong order book. The company was
investing the two business components of ATC i.e. metallics
and one is composite business. The company has invested about Rs 120-150 crore s...
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