Laxmipati Engineering Works (BSE 537669)₹460.00+4.57%Ship Building & Allied Services
In the Mar 2026 quarter (standalone), Laxmipati Engineering Works reported sales of ₹43.92 Cr, up 69.1% from Mar 2025, and net profit of ₹24.04 Cr, up 300.0% year on year. For the year to Mar 2026, sales were ₹71.87 Cr and net profit ₹27.05 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 9.98 | 16.99 | 22.97 | 23.97 | 25.98 | 28.98 | 43.92 |
| Expenses | 9.97 | 14.94 | 18.93 | 20.91 | 18.94 | 21.92 | 36.88 |
| Operating Profit | 1.01 | 3.01 | 3.01 | 3.01 | 7.01 | 6.01 | 6.01 |
| OPM % | 8.0% | 15.0% | 15.0% | 13.0% | 27.0% | 22.0% | 15.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.94 |
| Interest | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 0.99 |
| Depreciation | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Profit before tax | −0.99 | 0.00 | 0.99 | 0.00 | 5.01 | 3.99 | 28.97 |
| Tax % | 11.0% | 37.0% | 17.0% | 36.0% | −42.0% | 23.0% | 17.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.74 |
| Net Profit | −1.01 | 0.00 | 1.01 | 0.00 | 6.01 | 3.01 | 24.04 |
| EPS (Rs) | −2.32 | 0.20 | 1.12 | 0.15 | 11.12 | 5.00 | 41.95 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.99 | 2.99 | 1.99 | 0.99 | 10.99 | 20.98 | 18.98 | 27.97 | 14.97 | 39.94 | 49.96 | 71.87 |
| Expenses | 1.99 | 1.99 | 1.99 | 1.99 | 8.96 | 17.92 | 22.93 | 23.91 | 15.94 | 33.88 | 39.86 | 58.81 |
| Operating Profit | 1.01 | 1.01 | 0.00 | −1.01 | 2.01 | 3.01 | −5.01 | 4.01 | 0.00 | 6.01 | 10.01 | 13.02 |
| OPM % | 36.0% | 25.0% | 16.0% | −67.0% | 18.0% | 16.0% | −25.0% | 15.0% | −2.0% | 15.0% | 20.0% | 18.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.94 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 1.99 | 2.99 | 2.99 | 3.99 | 3.99 | 1.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Profit before tax | 0.99 | 0.00 | 0.00 | −1.01 | 0.99 | 2.01 | −7.01 | 0.00 | −3.99 | 0.99 | 5.01 | 32.97 |
| Tax % | 27.0% | 32.0% | 29.0% | 1.0% | 19.0% | 19.0% | −1.0% | 52.0% | 7.0% | 17.0% | −39.0% | 18.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28.06 |
| Net Profit | 1.01 | 0.00 | 0.00 | −1.01 | 1.01 | 2.01 | −7.01 | 0.00 | −5.01 | 1.01 | 6.01 | 27.05 |
| EPS (Rs) | 1.00 | 0.51 | 0.08 | −1.95 | 1.75 | 2.95 | −11.59 | 0.39 | −8.20 | 1.35 | 11.28 | 46.95 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.99 | 6.00 | 6.00 | 6.01 | 6.02 | 6.00 | 6.01 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
| Reserves | 5.01 | 5.02 | 5.01 | 4.01 | 5.00 | 7.02 | 0.00 | 0.00 | −4.00 | −3.99 | 3.01 | 30.03 |
| Borrowings | 3.99 | 4.00 | 4.00 | 7.98 | 11.99 | 12.98 | 25.01 | 31.00 | 37.99 | 39.99 | 44.99 | 16.99 |
| Other Liabilities | 1.02 | 1.01 | 0.00 | 1.01 | 2.00 | 3.01 | 5.02 | 4.02 | 5.03 | 4.02 | 6.03 | 12.05 |
| Total Liabilities | 15.01 | 16.03 | 16.01 | 18.01 | 25.01 | 28.01 | 36.04 | 40.02 | 44.02 | 46.02 | 60.03 | 65.07 |
| Fixed Assets | 11.99 | 12.01 | 11.99 | 13.99 | 14.99 | 15.99 | 16.99 | 24.98 | 29.99 | 29.98 | 31.98 | 22.99 |
| CWIP | 1.01 | 2.01 | 2.01 | 2.01 | 2.01 | 4.01 | 7.03 | 7.03 | 2.01 | 2.01 | 2.01 | 7.03 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1.01 | 2.01 | 2.01 | 3.01 | 8.01 | 9.01 | 11.02 | 9.01 | 12.02 | 14.03 | 26.04 | 35.05 |
| Inventories | — | 0.28 | 0.39 | 0.65 | 0.77 | 1.14 | 3.78 | 2.94 | 7.92 | 9.62 | 13.22 | 17.88 |
| Trade receivables | — | 1.15 | 1.17 | 0.96 | 5.90 | 6.52 | 6.57 | 4.05 | 3.19 | 3.17 | 9.97 | 15.67 |
| Cash & equivalents | — | 0.04 | 0.08 | 0.36 | 0.56 | 0.49 | 0.46 | 0.19 | 0.04 | 0.07 | 0.05 | 0.03 |
| Total Assets | 15.01 | 16.03 | 16.01 | 18.01 | 25.01 | 28.01 | 36.04 | 40.02 | 44.02 | 46.02 | 60.03 | 65.07 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.01 | 0.00 | — | −1.01 | −2.01 | 2.01 | −5.01 | 5.01 | −3.01 | 3.01 | 2.01 | 5.01 |
| Cash from investing activity | 0.00 | 0.00 | — | −2.01 | −2.01 | −3.01 | −6.02 | −9.02 | −1.01 | −1.01 | −3.01 | 26.06 |
| Cash from financing activity | −1.01 | 1.01 | — | 3.01 | 4.01 | 0.00 | 10.03 | 3.01 | 4.01 | −1.01 | 1.01 | −31.12 |
| Net cash flow | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capex | 0.07 | 0.25 | 0.10 | 1.82 | 1.83 | 2.51 | 5.60 | 8.54 | 0.62 | 1.56 | 2.49 | 11.09 |
| Free cash flow | 1.01 | −1.01 | — | −3.01 | −4.01 | 0.00 | −9.99 | −3.99 | −4.01 | 1.01 | 0.00 | 30.01 |
| CFO / OP % | 90.0% | −31.0% | — | 136.0% | −76.0% | 85.0% | 105.0% | 124.0% | 997.0% | 45.0% | 24.0% | 49.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 68 | 149 | 187 | 329 | 189 | 113 | 127 | 52 | 75 | 28 | 72 | 79 |
| Inventory days | — | 549 | — | 1,670 | 203 | 280 | 511 | 204 | 1,076 | 190 | 331 | 266 |
| Days payable | — | 629 | — | 1,043 | 301 | 328 | 515 | 148 | 364 | 38 | 81 | 72 |
| Cash conversion cycle | 69 | 69 | 188 | 956 | 92 | 65 | 122 | 108 | 787 | 180 | 322 | 273 |
| Working capital days | −333 | −339 | −448 | 578 | 178 | 103 | 122 | 52 | 77 | 54 | 101 | 76 |
| ROCE % | 6.0% | 4.0% | 2.0% | −5.0% | 8.1% | 12.1% | −17.9% | 10.1% | −4.0% | 12.1% | 19.1% | 22.1% |
For the Mar 2026 quarter, Laxmipati Engineering Works reported sales of ₹43.92 Cr, up 69.1% year on year and net profit of ₹24.04 Cr, up 300.0% year on year. The operating margin was 15.0%.
Laxmipati Engineering Works' sales for the year to Mar 2026 were ₹71.87 Cr.
Net profit for the year to Mar 2026 was ₹27.05 Cr. Earnings per share over the same trailing period were ₹46.95.
Laxmipati Engineering Works reported borrowings of ₹16.99 Cr at Mar 2026, against cash and equivalents of ₹0.03 Cr.
Cash from operations was ₹5.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹30.01 Cr.