LAXMIMACH.NS
Price:
$17324.6
Market Cap:
$185.08B
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 p...[Read more]
Industry
Industrial - Machinery
IPO Date
2002-07-01
Stock Exchange
NSE
Ticker
LAXMIMACH.NS
According to Lakshmi Machine Works Limited’s latest financial reports and current stock price. The company's current ROE is 1.29%. This represents a change of -28.67% compared to the average of 1.81% of the last 4 quarters.
The mean historical ROE of Lakshmi Machine Works Limited over the last ten years is 11.13%. The current 1.29% ROE has changed -88.43% with respect to the historical average. Over the past ten years (40 quarters), LAXMIMACH.NS's ROE was at its highest in in the December 2022 quarter at 5.31%. The ROE was at its lowest in in the June 2020 quarter at -1.30%.
Average
11.13%
Median
12.12%
Minimum
1.67%
Maximum
17.14%
Discovering the peaks and valleys of Lakshmi Machine Works Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 263.15%
Maximum Annual ROE = 17.14%
Minimum Annual Increase = -84.57%
Minimum Annual ROE = 1.67%
| Year | ROE | Change |
|---|---|---|
| 2024 | 13.82% | -15.84% |
| 2023 | 16.42% | 80.51% |
| 2022 | 9.10% | 263.15% |
| 2021 | 2.51% | 49.75% |
| 2020 | 1.67% | -84.57% |
| 2019 | 10.84% | -11.79% |
| 2018 | 12.29% | 2.73% |
| 2017 | 11.96% | -23.11% |
| 2016 | 15.56% | -9.21% |
| 2015 | 17.14% | 0.44% |
The current ROE of Lakshmi Machine Works Limited (LAXMIMACH.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.11%
5-year avg
8.70%
10-year avg
11.13%
Lakshmi Machine Works Limited’s ROE is less than HBL Power Systems Limited (19.39%), less than HBL Power Systems Limited (19.39%), less than Diamond Power Infrastructure Limited (5.44%), less than Lloyds Steels Industries Limited (18.49%), less than Meson Valves India Limited (10.41%), less than GMM Pfaudler Limited (20.20%), less than Ador Fontech Limited (18.34%), less than Ador Welding Limited (8.91%), less than Ador Welding Limited (8.91%), less than Transformers and Rectifiers (India) Limited (23.47%),
| Company | ROE | Market cap |
|---|---|---|
| 19.39% | $136.55B | |
| 19.39% | $136.55B | |
| 5.44% | $52.59B | |
| 18.49% | $52.06B | |
| 10.41% | $3.80B | |
| 20.20% | $22.85B | |
| 18.34% | $4.99B | |
| 8.91% | $14.84B | |
| 8.91% | $14.83B | |
| 23.47% | $111.95B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Lakshmi Machine Works Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Lakshmi Machine Works Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Lakshmi Machine Works Limited's ROE?
How is the ROE calculated for Lakshmi Machine Works Limited (LAXMIMACH.NS)?
What is the highest ROE for Lakshmi Machine Works Limited (LAXMIMACH.NS)?
What is the 3-year average ROE for Lakshmi Machine Works Limited (LAXMIMACH.NS)?
What is the 5-year average ROE for Lakshmi Machine Works Limited (LAXMIMACH.NS)?
How does the current ROE for Lakshmi Machine Works Limited (LAXMIMACH.NS) compare to its historical average?