Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Shares of Lakshmi Machine Works gained 1.49% to Rs 8,830 in a weak market after the company reported a 217% jump in consolidated net profit to Rs 82.73 crore in Q4 FY22 from Rs 26.05 crore posted in Q4 FY21.

Lakshmi Machine rises after Q4 PAT jumps 217% YoY

Lakshmi Machine Standalone March 2022 Net Sales at Rs 959.51 crore, up 44.7% Y-o-Y

Lakshmi Machine Works consolidated net profit rises 217.58% in the March 2022 quarter

Lakshmi Machine Works Ltd, Hinduja Global Solutions Ltd, Chambal Fertilisers & Chemicals Ltd and Mahindra Holidays & Resorts India Ltd are among the other losers in the BSE’s ‘A’ group today, 23 March 2022.

Dhani Services Ltd leads losers in ‘A’ group

Lakshmi Machine Consolidated December 2021 Net Sales at Rs 911.76 crore, up 90.52% Y-o-Y

Lakshmi Machine Works gained 1.36% to Rs 10,982 after the company reported a 93.5% jump in consolidated net profit to Rs 64.37 crore in Q3 FY22 from Rs 33.26 crore posted in Q3 FY21.

Lakshmi Machine rises after Q3 PAT spurts 93% YoY

Lakshmi Machine Works consolidated net profit rises 93.54% in the December 2021 quarter

Life Insurance Corporation of India (LIC) sold 219,866 equity shares or 2.05% stake of Lakshmi Machine Works from 10 December 2019 to 3 January 2022.

LIC pares stake in Lakshmi Macine Works

Lakshmi Machine Standalone September 2021 Net Sales At Rs 792.42 Crore, Up 108.92% Y-o-Y

Lakshmi Machine Works consolidated net profit rises 529.96% in the September 2021 quarter

Lakshmi Machine Works standalone net profit rises 490.29% in the September 2021 quarter

Lakshmi Machine Works Limited is engaged in the manufacturing and selling of textile spinning machinery, computer numerical control machine tools, heavy castings, and parts and components for aerospace industry.

Lakshmi Machine Works Ltd

Lakshmi Machine Works Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Lakshmi Machine rises after Q4 PAT jumps 217% YoY

Lakshmi Machine Standalone March 2022 Net Sales at Rs 959.51 crore, up 44.7% Y-o-Y

Lakshmi Machine Works consolidated net profit rises 217.58% in the March 2022 quarter

Dhani Services Ltd leads losers in ‘A’ group

Lakshmi Machine Consolidated December 2021 Net Sales at Rs 911.76 crore, up 90.52% Y-o-Y

Lakshmi Machine rises after Q3 PAT spurts 93% YoY

Lakshmi Machine Works consolidated net profit rises 93.54% in the December 2021 quarter

Lakshmi Machine Works Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Lakshmi Machine rises after Q4 PAT jumps 217% YoY

Lakshmi Machine Standalone March 2022 Net Sales at Rs 959.51 crore, up 44.7% Y-o-Y

Lakshmi Machine Works consolidated net profit rises 217.58% in the March 2022 quarter

Dhani Services Ltd leads losers in ‘A’ group

Lakshmi Machine Consolidated December 2021 Net Sales at Rs 911.76 crore, up 90.52% Y-o-Y

Lakshmi Machine rises after Q3 PAT spurts 93% YoY

Lakshmi Machine Works consolidated net profit rises 93.54% in the December 2021 quarter

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock