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10-Mar-2024

Lakshmi Machine Works

Active TMD order book is about Rs 3050 crore


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Lakshmi Machine Works hosted a conference call on Feb 13, 2024. In the conference call the company was represented by V Senthil,   Chief Financial Officer, and   B. Dhanalakshmi, Senior General Manager.

Key takeaways of the call

Revenue mix (segment wise) for Q3FY24 is Textile Machinery Division [ 65% domestic; 21% exports; 14% spares], Machine Tools Division [97% domestic] and ATC [97% is exports]. 

TMD order book is Rs 4000 crore and of which the active orders are of about 76% (or Rs 3050 crore) and in-active order book is about 23-24% (or Rs 900-1000 crore).  Of the domestic order book 50% is project orders and balance 50% is for unitary machines.  LMW Global order book is Rs 60 crore and that of LMW China is Rs 41 crore.

TMD - Over the period of last 3 quarters, have seen a slight dip in the order book with textile industry have very c...



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