Veejay Lakshmi Engineering Works (BSE 522267)₹38.49+1.66%Industrial Products
In the Jun 2026 quarter (consolidated), Veejay Lakshmi Engineering Works reported sales of ₹15.85 Cr, down 22.3% from Jun 2025, and net profit of −₹0.35 Cr. For the year to Mar 2026, sales were ₹80.53 Cr and net profit −₹5.49 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24.97 | 21.37 | 22.16 | 16.03 | 22.97 | 22.94 | 17.94 | 20.39 | 19.54 | 16.02 | 24.54 | 15.85 |
| Expenses | 25.47 | 21.85 | 22.79 | 16.89 | 22.47 | 23.14 | 18.74 | 21.92 | 21.06 | 17.36 | 24.70 | 16.21 |
| Operating Profit | −0.52 | −0.53 | −0.63 | −0.88 | 0.44 | −0.24 | −0.82 | −1.57 | −1.53 | −1.35 | −0.20 | −0.38 |
| OPM % | −2.1% | −2.5% | −2.9% | −5.6% | 2.0% | −1.1% | −4.7% | −7.8% | −7.9% | −8.5% | −0.9% | −2.5% |
| Other Income | 0.37 | 0.39 | 2.34 | 0.32 | 0.47 | 1.38 | 1.00 | 1.04 | 0.98 | 0.82 | 1.29 | 0.89 |
| Interest | 0.57 | 0.55 | 0.63 | 0.62 | 0.72 | 0.30 | 0.90 | 0.61 | 0.59 | 0.63 | 0.68 | 0.60 |
| Depreciation | 0.61 | 0.61 | 0.58 | 0.60 | 0.60 | 0.62 | 0.69 | 0.63 | 0.64 | 0.64 | 0.61 | 0.54 |
| Profit before tax | −1.32 | −1.29 | 0.49 | −1.77 | −0.38 | 0.23 | −1.38 | −1.74 | −1.75 | −1.77 | −0.19 | −0.60 |
| Tax % | −6.0% | 2.3% | −14.1% | −5.1% | −15.4% | 20.8% | 7.2% | −2.3% | 6.2% | −2.3% | 74.9% | −34.5% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −1.23 | −1.40 | 0.61 | −1.73 | −0.30 | 0.15 | −1.43 | −1.69 | −1.76 | −1.71 | −0.36 | −0.35 |
| EPS (Rs) | −2.42 | −2.75 | 1.19 | −3.40 | −0.58 | 0.29 | −2.81 | −3.32 | −3.46 | −3.36 | −0.70 | −0.68 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 79.09 | 88.52 | 81.61 | 79.76 | 68.94 | 51.50 | 75.20 | 64.18 | 87.30 | 79.84 | 80.53 | 75.95 |
| Expenses | 79.43 | 84.89 | 84.60 | 76.76 | 76.12 | 50.78 | 70.44 | 74.19 | 90.58 | 81.12 | 85.05 | 79.33 |
| Operating Profit | −0.53 | 3.51 | −3.17 | 2.89 | −7.22 | 0.55 | 4.63 | −10.09 | −3.34 | −1.40 | −4.68 | −3.46 |
| OPM % | −0.7% | 4.0% | −3.9% | 3.7% | −10.5% | 1.1% | 6.2% | −15.8% | −3.8% | −1.8% | −5.8% | −4.6% |
| Other Income | 1.13 | 0.85 | 0.94 | 2.02 | 1.73 | 0.45 | 0.86 | 0.31 | 3.42 | 3.19 | 4.16 | 3.98 |
| Interest | 0.79 | 0.66 | 1.23 | 1.29 | 1.15 | 1.57 | 2.04 | 1.74 | 2.44 | 2.61 | 2.48 | 2.50 |
| Depreciation | 4.68 | 4.68 | 4.07 | 3.18 | 2.56 | 2.45 | 2.65 | 2.54 | 2.43 | 2.50 | 2.49 | 2.43 |
| Profit before tax | −4.84 | −0.97 | −7.52 | 0.47 | −9.19 | −2.97 | 0.83 | −14.04 | −4.78 | −3.29 | −5.48 | −4.31 |
| Tax % | −18.6% | 62.5% | −30.4% | 141.6% | 45.6% | −1.0% | −19.1% | 0.0% | −4.8% | 0.3% | 3.3% | — |
| Exceptional items | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −3.96 | −1.57 | −5.26 | −0.10 | −13.51 | −2.99 | 1.01 | −14.05 | −4.60 | −3.30 | −5.49 | −4.18 |
| EPS (Rs) | −7.80 | −3.09 | −10.35 | −0.19 | −26.58 | −5.89 | 1.98 | −27.65 | −9.05 | −6.50 | −10.79 | −8.20 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 |
| Reserves | 54.29 | 58.55 | 53.34 | 53.26 | 39.29 | 36.87 | 38.34 | 18.93 | 15.05 | 11.71 | 5.78 |
| Borrowings | 13.70 | 11.84 | 29.34 | 15.29 | 13.12 | 21.64 | 17.59 | 33.34 | 28.66 | 29.52 | 32.00 |
| Other Liabilities | 14.55 | 14.41 | 12.05 | 14.63 | 14.00 | 10.46 | 11.13 | 9.51 | 13.54 | 14.04 | 17.06 |
| Total Liabilities | 87.63 | 89.89 | 99.82 | 88.27 | 71.50 | 74.06 | 72.15 | 66.87 | 62.34 | 60.36 | 59.93 |
| Fixed Assets | 46.29 | 44.44 | 42.94 | 40.72 | 38.97 | 41.06 | 41.33 | 38.78 | 37.29 | 35.30 | 32.75 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 3.60 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.80 | 1.97 | 2.56 | 2.59 | 1.87 | 2.59 | 3.13 | 3.22 | 4.13 | 4.30 | 3.97 |
| Other Assets | 31.54 | 43.48 | 54.32 | 44.96 | 27.06 | 30.39 | 27.69 | 24.87 | 20.92 | 20.76 | 23.21 |
| Inventories | 18.08 | 30.56 | 34.92 | 31.07 | 18.66 | 19.72 | 20.69 | 17.72 | 12.17 | 14.32 | 11.23 |
| Trade receivables | 2.84 | 3.82 | 2.58 | 5.69 | 4.17 | 4.30 | 0.82 | 0.48 | 4.52 | 1.58 | 6.38 |
| Cash & equivalents | 1.31 | 1.25 | 6.40 | 0.38 | 0.23 | 0.53 | 0.80 | 0.45 | 0.45 | 0.48 | 0.50 |
| Total Assets | 87.63 | 89.89 | 99.82 | 88.27 | 71.50 | 74.06 | 72.15 | 66.87 | 62.34 | 60.36 | 59.93 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 7.32 | −3.26 | 8.20 | −5.47 | −0.04 | 0.00 | 8.40 | −9.41 | 7.25 | −2.19 |
| Cash from investing activity | −10.23 | 6.79 | −2.26 | 0.29 | −3.85 | −0.75 | −2.36 | 0.05 | 0.35 | 0.92 |
| Cash from financing activity | −3.00 | −3.36 | −0.85 | −0.89 | 3.70 | 0.85 | −5.81 | 8.99 | −7.60 | 1.29 |
| Net cash flow | −5.87 | 0.12 | 5.11 | −6.11 | −0.18 | 0.11 | 0.24 | −0.36 | 0.00 | 0.00 |
| Capex | 3.42 | 3.02 | 2.56 | 0.45 | 4.65 | 0.96 | 2.90 | 0.01 | 0.92 | 0.56 |
| Free cash flow | 5.52 | −6.01 | 6.24 | −5.23 | −3.96 | −0.98 | 5.99 | −9.47 | 6.33 | −2.73 |
| CFO / OP % | −1,330.0% | −108.0% | −258.0% | −186.0% | −1.0% | −34.0% | 180.0% | 93.0% | −221.0% | 156.0% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 13 | 16 | 12 | 26 | 22 | 31 | 4 | 3 | 19 | 7 | 29 |
| Inventory days | 135 | 219 | 241 | 228 | 128 | 218 | 158 | 122 | 67 | 90 | 68 |
| Days payable | 38 | 42 | 34 | 47 | 65 | 37 | 28 | 6 | 31 | 17 | 29 |
| Cash conversion cycle | 109 | 192 | 217 | 206 | 84 | 210 | 133 | 118 | 54 | 80 | 67 |
| Working capital days | 33 | 63 | 12 | 53 | 29 | 35 | 50 | 8 | −6 | −4 | −12 |
| ROCE % | — | −1.1% | −8.3% | 1.5% | −13.1% | −2.3% | 4.0% | −20.9% | −4.5% | −1.6% | −6.6% |
For the Jun 2026 quarter, Veejay Lakshmi Engineering Works reported sales of ₹15.85 Cr, down 22.3% year on year and net profit of −₹0.35 Cr. The operating margin was −2.5%.
Veejay Lakshmi Engineering Works' sales for the year to Mar 2026 were ₹80.53 Cr; over the last twelve months they were ₹75.95 Cr.
Net profit for the year to Mar 2026 was −₹5.49 Cr, and −₹4.18 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−8.20.
Veejay Lakshmi Engineering Works reported borrowings of ₹32 Cr at Mar 2026, against cash and equivalents of ₹0.50 Cr.
Cash from operations was −₹2.19 Cr in the year to Mar 2025; after capital spending, free cash flow was −₹2.73 Cr.