Lakshmi Machine Works Limited (LAXMIMACH.NS) NSE

17,324.60

+340.0488(+2.00%)

Updated at October 09, 2024 03:29PM

Currency In INR

Lakshmi Machine Works Limited

Address

34A, Kamaraj Road

Coimbatore, 641018

India

Phone

91 42 2719 8100

Sector

Industrials

Industry

Industrial - Machinery

Employees

3590

First IPO Date

July 01, 2002

Key Executives

NameTitlePayYear Born
Sanjay JayavarthanaveluExecutive Chairman, Chief Executive Officer & MD217.48M1968
Muthulingam SankarDirector of Operations & Whole Time Director6.71M1958
Jaidev JayavarthanaveluWhole Time Director9.81M1998
K. Soundhar RajhanChief Strategy Officer13.77M1948
N. Krishna KumarPresident of ATC & FDY01958
Sanjay AhujaHead of Human Resources01980
S. RajasekaranSenior Vice President of TMD and R&D01967
Coimbatore Ramanathan ShivkumaranCompliance Officer & Company Secretary0N/A
AnanthanVice President of Administration01969
V. SenthilChief Financial Officer & Senior GM of Finance01979
V. VenugopalSenior Vice President of Foundry01958

Description

Lakshmi Machine Works Limited, together with its subsidiaries, manufactures and sells textile spinning machinery, CNC machine tools, heavy castings, and parts and components for aero space industry in India and internationally. The company operates through three segments: Textile Machinery Division, Machine Tool & Foundry Division, and Advanced Technology Centre. It offers textile machinery products, such as card silver, combining, ring and compact spinning, and mill monitoring systems, as well as blending solutions; and machine tools. The company also provides foundry products that include locomotive castings/turbocharger parts, marine transmission castings, power and energy products, and pumps and valves; and aero engine, aerostructures and structural assemblies, sheet metal and special process components, and aerospace composites. As of March 31, 2022, the company has installed 28 wind energy generators with a total capacity of 36.80 MW, as well as 10 MW of solar power generating facility. It also exports its products. Lakshmi Machine Works Limited was incorporated in 1962 and is based in Coimbatore, India.