Lakshmi Machine Works Limited (LAXMIMACH) - Net Assets

Latest as of September 2024: Rs27.54 Billion INR ≈ $297.85 Million USD

Based on the latest financial reports, Lakshmi Machine Works Limited (LAXMIMACH) has net assets worth Rs27.54 Billion INR (≈ $297.85 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs40.76 Billion ≈ $440.79 Million USD) and total liabilities (Rs13.22 Billion ≈ $142.95 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check LAXMIMACH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs27.54 Billion
% of Total Assets 67.57%
Annual Growth Rate 11.6%
5-Year Change 62.83%
10-Year Change 110.92%
Growth Volatility 10.88

Lakshmi Machine Works Limited - Net Assets Trend (2005–2024)

This chart illustrates how Lakshmi Machine Works Limited's net assets have evolved over time, based on quarterly financial data. Also explore LAXMIMACH asset base for the complete picture of this company's asset base.

Annual Net Assets for Lakshmi Machine Works Limited (2005–2024)

The table below shows the annual net assets of Lakshmi Machine Works Limited from 2005 to 2024. For live valuation and market cap data, see Lakshmi Machine Works Limited market cap and net worth.

Year Net Assets Change
2024-03-31 Rs27.04 Billion
≈ $292.39 Million		 +15.61%
2023-03-31 Rs23.39 Billion
≈ $252.91 Million		 +17.50%
2022-03-31 Rs19.90 Billion
≈ $215.23 Million		 +11.79%
2021-03-31 Rs17.80 Billion
≈ $192.53 Million		 +7.22%
2020-03-31 Rs16.60 Billion
≈ $179.56 Million		 -2.92%
2019-03-31 Rs17.10 Billion
≈ $184.96 Million		 -2.08%
2018-03-31 Rs17.47 Billion
≈ $188.90 Million		 +12.08%
2017-03-31 Rs15.58 Billion
≈ $168.54 Million		 +7.06%
2016-03-31 Rs14.56 Billion
≈ $157.43 Million		 +13.56%
2015-03-31 Rs12.82 Billion
≈ $138.62 Million		 +15.67%
2014-03-31 Rs11.08 Billion
≈ $119.84 Million		 +15.85%
2013-03-31 Rs9.56 Billion
≈ $103.44 Million		 +8.22%
2012-03-31 Rs8.84 Billion
≈ $95.58 Million		 +9.27%
2011-03-31 Rs8.09 Billion
≈ $87.47 Million		 -12.13%
2010-03-31 Rs9.20 Billion
≈ $99.55 Million		 +9.15%
2009-03-31 Rs8.43 Billion
≈ $91.20 Million		 +11.33%
2008-03-31 Rs7.57 Billion
≈ $81.92 Million		 +30.53%
2007-03-31 Rs5.80 Billion
≈ $62.76 Million		 +32.27%
2006-03-31 Rs4.39 Billion
≈ $47.45 Million		 +30.49%
2005-03-31 Rs3.36 Billion
≈ $36.36 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Lakshmi Machine Works Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1361.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2024)

Component Amount Percentage
Retained Earnings Rs21.89 Billion 80.96%
Common Stock Rs106.80 Million 0.40%
Other Comprehensive Income Rs26.93 Billion 99.60%
Total Equity Rs27.04 Billion 100.00%

Lakshmi Machine Works Limited Competitors by Market Cap

The table below lists competitors of Lakshmi Machine Works Limited ranked by their market capitalization.

Company Market Cap
LMW Limited
NSE:LMW
 $1.68 Billion
PagSeguro Digital Ltd
NYSE:PAGS
 $1.68 Billion
Chengdu ALD Aviation Manufacturing Corp
SHE:300696
 $1.68 Billion
Jiangyin Hengrun Heavy
SHG:603985
 $1.69 Billion
Aether Industries Limited
NSE:AETHER
 $1.68 Billion
PT Super Bank Indonesia Tbk
JK:SUPA
 $1.68 Billion
Guangdong Baolihua New Energy Stock Co LTD
SHE:000690
 $1.68 Billion
Altius Minerals Corporation
TO:ALS
 $1.68 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lakshmi Machine Works Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 23,385,489,000 to 27,036,400,000, a change of 3,650,911,000 (15.6%).
  • Net income of 3,736,600,000 contributed positively to equity growth.
  • Dividend payments of 1,054,800,000 reduced retained earnings.
  • Other comprehensive income increased equity by 23,210,503,000.
  • Other factors decreased equity by 22,241,392,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rs3.74 Billion +13.82%
Dividends Paid Rs1.05 Billion -3.9%
Other Comprehensive Income Rs23.21 Billion +85.85%
Other Changes Rs-22.24 Billion -82.26%
Total Change Rs- 15.61%

Book Value vs Market Value Analysis

This analysis compares Lakshmi Machine Works Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 5.75x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 53.57x to 5.75x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 Rs271.82 Rs14562.00 x
2006-03-31 Rs354.70 Rs14562.00 x
2007-03-31 Rs469.16 Rs14562.00 x
2008-03-31 Rs612.40 Rs14562.00 x
2009-03-31 Rs681.78 Rs14562.00 x
2010-03-31 Rs744.16 Rs14562.00 x
2011-03-31 Rs717.89 Rs14562.00 x
2012-03-31 Rs784.46 Rs14562.00 x
2013-03-31 Rs848.97 Rs14562.00 x
2014-03-31 Rs983.57 Rs14562.00 x
2015-03-31 Rs1137.72 Rs14562.00 x
2016-03-31 Rs1292.05 Rs14562.00 x
2017-03-31 Rs1392.06 Rs14562.00 x
2018-03-31 Rs1594.35 Rs14562.00 x
2019-03-31 Rs1573.57 Rs14562.00 x
2020-03-31 Rs1554.20 Rs14562.00 x
2021-03-31 Rs1666.47 Rs14562.00 x
2022-03-31 Rs1862.94 Rs14562.00 x
2023-03-31 Rs2189.04 Rs14562.00 x
2024-03-31 Rs2530.78 Rs14562.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lakshmi Machine Works Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 13.82%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.96%
  • • Asset Turnover: 1.16x
  • • Equity Multiplier: 1.49x
  • Recent ROE (13.82%) is below the historical average (16.16%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 21.81% 7.40% 1.50x 1.97x Rs397.13 Million
2006 33.75% 11.37% 1.20x 2.47x Rs1.04 Billion
2007 35.53% 11.12% 1.14x 2.79x Rs1.48 Billion
2008 31.99% 10.99% 1.21x 2.41x Rs1.67 Billion
2009 12.68% 7.99% 0.81x 1.97x Rs226.04 Million
2010 10.85% 8.83% 0.71x 1.73x Rs78.35 Million
2011 18.95% 8.54% 0.97x 2.29x Rs723.84 Million
2012 15.71% 6.02% 1.18x 2.21x Rs504.52 Million
2013 13.55% 6.60% 1.07x 1.92x Rs339.35 Million
2014 17.06% 8.36% 1.09x 1.87x Rs782.49 Million
2015 17.14% 9.09% 1.08x 1.75x Rs914.74 Million
2016 15.56% 8.58% 1.11x 1.63x Rs808.99 Million
2017 11.96% 7.69% 1.02x 1.52x Rs305.68 Million
2018 12.29% 8.34% 0.98x 1.51x Rs399.71 Million
2019 10.84% 7.07% 1.07x 1.44x Rs143.51 Million
2020 1.67% 1.84% 0.64x 1.41x Rs-1.38 Billion
2021 2.51% 2.66% 0.61x 1.55x Rs-1.33 Billion
2022 9.10% 5.81% 0.85x 1.83x Rs-179.68 Million
2023 16.42% 8.14% 1.15x 1.75x Rs1.50 Billion
2024 13.82% 7.96% 1.16x 1.49x Rs1.03 Billion

Industry Comparison

This section compares Lakshmi Machine Works Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $37,677,440,843
  • Average return on equity (ROE) among peers: 17.39%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lakshmi Machine Works Limited (LAXMIMACH) Rs27.54 Billion 21.81% 0.48x $1.68 Billion
Aaron Industries Limited (AARON) $550.00K 66.55% 18.36x $31.35 Million
Ador Welding Limited (ADORWELD) $1.47 Billion 17.36% 0.26x $184.52 Million
The Anup Engineering Limited (ANUP) $3.37 Billion 15.88% 0.28x $446.74 Million
ATAM VALVES ORD (BSE) (ATAM) $37.09 Million 13.75% 4.00x $8.50 Million
Azad Engineering Limited (AZAD) $1.20 Billion 24.55% 2.37x $1.51 Billion
Bharat Heavy Electricals Limited (BHEL) $323.31 Billion 1.36% 0.97x $13.27 Billion
Cummins India Limited (CUMMINSIND) $51.45 Billion 18.15% 0.38x $15.79 Billion
Diamond Power Infrastructure Limited (DIACABS) $-6.22 Billion 0.00% 0.00x $899.30 Million
Diffusion Engineers Ltd (DIFFNKG) $1.91 Billion 16.05% 0.44x $120.60 Million
Ducon Infratechnologies Limited (DUCON) $236.88 Million 0.26% 0.31x $11.42 Million

About Lakshmi Machine Works Limited

NSE:LAXMIMACH India Specialty Industrial Machinery
Market Cap
$1.68 Billion
Rs155.57 Billion INR
Market Cap Rank
#6907 Global
#306 in India
Share Price
Rs14562.00
Change (1 day)
-1.17%
52-Week Range
Rs11997.00 - Rs17998.00
All Time High
Rs18170.00
Categories
Companies in India Specialty Industrial Machinery
About

LMW Limited, together with its subsidiaries, manufactures and sells textile spinning machinery in India and internationally. The company operates through Textile Machinery Division, Machine Tool Division & Foundry Division, and Advanced Technology Centre segments. It offers ring frame spinning machines; industrial equipment for producing and processing textiles; CNC machine tools and heavy castin… Read more