About
Basic Data Updated:
11 days agoThe manufacturing of textile spinning machinery, CNC machine tools, heavy castings, and parts and components for the aerospace industry is the primary activity of Lakshmi Machine Works Limited. The company's extensive product range includes a card silver system, combing system, and ring spinning system. LMWL operates through three distinct business segments: textile machinery, machine tool, and foundry division. Within its textile machinery division, LMWL offers spinning preparatory machines, yarn-making machines, and a wide range of accessories and spare parts. The company's machine tool division specializes in the production of both conventional and advanced CNC machine tools. Additionally, LMWL's foundry division is responsible for the manufacture of grey iron and ductile iron castings. With a diverse clientele that includes renowned names such as Eicher, AOV, Honda, and SMC, LMWL continues to be a leader in the industry.
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Lakshmi Machine Works Limited
CNC Vertical Machining Centers
Bearing Parts
Spinning Machinery
Tapping Machine
Financials of Lakshmi Machine Works Limited
Lakshmi Machine Works Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 78.23% increase. The company also saw a substantial improvement in profitability, with a 278.58% increase in profit. The company's net worth Soared by an impressive increase of 11.51%.
Corporate Structure
Unlock access to Lakshmi Machine Works's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Lakshmi Machine Works Limited
Unlock and access historical data on people associated with Lakshmi Machine Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
SJ
Sanjay Jayavarthanavelu
Managing DirectorAppointment Date: 24-Feb-1993
Status: Current
CS
Coimbatore Shivkumaran Company SecretaryAppointment Date: 04-Nov-2016
Status: Current
VS
Viswanathan Senthil CFOAppointment Date: 03-Aug-2019
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Lloyods Finance Ltd. Creation Date: 15 Jun 1998 | ₹3.85 M | Open |
The Tamilnadu Industrial Investment Corpotation Ltd. Creation Date: 31 Aug 1994 | ₹3.71 M | Open |
Indian Equipment Leasing Ltd. Creation Date: 28 Mar 1992 | ₹0.78 M | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lakshmi Machine Works, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lakshmi Machine Works's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
Southern India Chamber Of Commerce & Industry
Active
113 years 6 months Arun Alagappan is a mutual person
Petrus Technologies Private Limited
Active 2 years 8 months Sanjay Jayavarthanavelu and Jayavarthanavelu Jaidev are mutual person
_PRIVATE_LIMITED.webp)
Lakshmi Ring Travellers (Coimbatore) Private Limited
Active 49 years 6 months Sanjay Jayavarthanavelu is a mutual person
Lakshmi Life Sciences Private Limited
Active 14 years 10 months Sanjay Jayavarthanavelu and Jayavarthanavelu Jaidev are mutual person
Lakshmi Cargo Company Limited
Active 32 years 5 months Sanjay Jayavarthanavelu and Jayavarthanavelu Jaidev are mutual person
_PRIVATE_LIMITED.webp)
Recent activity within the organization
Annual General Meeting
Lakshmi Machine Works Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records.
31 Jul 2023Balance Sheet
Lakshmi Machine Works Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
31 Mar 2023Director Appointment
Aroon Raman was appointed as a Director was appointed as a Director on 11 May 2022 & has been associated with this company since 2 years 4 days .
11 May 2022Director Appointment
Jayavarthanavelu Jaidev was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 May 2022 & has been associated with this company since 2 years 4 days .
11 May 2022Charges
A charge registered on 25 Feb 1998 via Charge ID 90003230 with India Cements Capital Finance Ltd. was fully satisfied on 04 Mar 2021.
04 Mar 2021
Recent News, Updates & Announcement
LMW and Reliance Spinning Mills Ltd Nepal The Partnership Continues.Textile Magazine 02 Nov 2023
- Lakshmi Machine Works to inaugurate Solar Power generating facility in Tamil Nadu.
Udaipurkiran 18 Mar 2019
- Garg Acrylics LMW successful partnership.
Textile Magazine 26 Feb 2019
- Lakshmi Machine Works signs MoU with Govt of Tamil Nadu.
Business Standard 25 Jan 2019
Frequently asked questions
What is the Incorporation or founding date of Lakshmi Machine Works Limited?
