MarketFriction

Veejay Lakshmi Engineering Works Ltd

BSE 522267 · Industrial Products
₹38.75 -4.79%
BSE close2026-10-01
Market cap₹21.3 Cr.

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales24.8921.2922.1115.9922.8922.8817.9020.3219.4815.9824.4515.81
Expenses25.4221.8322.7516.8822.4423.1318.7321.9021.0217.3424.6616.20
Operating Profit-0.53-0.54-0.64-0.890.45-0.25-0.83-1.58-1.54-1.36-0.21-0.39
OPM %-2.13%-2.54%-2.89%-5.57%1.97%-1.09%-4.64%-7.78%-7.91%-8.51%-0.86%-2.47%
Other Income0.380.402.350.330.481.391.011.050.990.831.300.90
Interest0.560.540.620.610.710.290.890.600.580.620.670.59
Depreciation0.620.620.590.610.610.610.680.620.630.630.620.53
Profit before tax-1.33-1.300.50-1.78-0.390.24-1.39-1.75-1.76-1.78-0.20-0.61
Tax %-6.02%2.31%-14.00%-5.06%-15.38%20.83%7.19%-2.29%6.25%-2.25%75.00%-34.43%
Net Profit-1.22-1.390.60-1.72-0.290.14-1.42-1.68-1.75-1.70-0.35-0.34
EPS in Rs-2.41-2.741.18-3.39-0.570.28-2.80-3.31-3.45-3.35-0.69-0.67
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales78.7988.2681.3679.5368.7751.3274.9563.9787.0979.6580.2375.72
Expenses79.3384.7484.5476.6376.0050.7670.3174.0890.4481.0684.8779.22
Operating Profit-0.543.52-3.182.90-7.230.564.64-10.11-3.35-1.41-4.64-3.50
OPM %-0.69%3.99%-3.91%3.65%-10.51%1.09%6.19%-15.80%-3.85%-1.77%-5.78%-4.62%
Other Income1.140.860.952.031.740.460.870.323.433.204.184.02
Interest0.780.651.221.281.141.562.031.732.432.602.532.46
Depreciation4.674.694.083.172.572.442.642.532.442.492.502.41
Profit before tax-4.85-0.96-7.530.48-9.20-2.980.84-14.05-4.79-3.30-5.49-4.35
Tax %-18.56%62.50%-30.41%141.67%45.65%-1.01%-19.05%0.00%-4.80%0.30%3.28%
Net Profit-3.95-1.56-5.24-0.09-13.47-2.981.00-14.00-4.58-3.29-5.47-4.14
EPS in Rs-7.79-3.08-10.33-0.18-26.56-5.881.97-27.60-9.03-6.49-10.78-8.16
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth0%9%8%-10%
Compounded Profit Growth-2%-32%17%-26%
Stock Price CAGR-2%1%6%-22%
Return on Equity-13%-21%-25%-40%
Mar 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.075.075.075.075.075.075.075.075.075.075.075.07
Reserves59.2054.2258.5453.2853.2239.2536.8438.2818.9115.0211.715.79
Borrowings29.6013.6711.8229.2815.2613.0921.6117.5433.2828.5929.4931.99
Other Liabilities29.7514.4814.3411.9914.5613.9310.4111.079.4713.4713.9716.97
Total Liabilities123.6287.4489.7799.6288.1171.3473.9371.9666.7362.1560.2459.82
Fixed Assets62.9246.1544.3242.7640.5838.8440.9241.1638.6637.1435.2132.64
CWIP0.000.000.000.000.003.590.030.000.000.000.000.00
Investments0.039.781.962.552.581.862.583.123.214.124.293.96
Other Assets60.6731.5143.4954.3144.9527.0530.4027.6824.8620.8920.7423.22
Total Assets123.6287.4489.7799.6288.1171.3473.9371.9666.7362.1560.2459.82
Mar 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity7.35-3.278.23-5.49-0.050.008.43-9.447.27-2.20-0.76
Cash from Investing Activity-10.226.78-2.250.28-3.84-0.74-2.350.040.340.911.95
Cash from Financing Activity-3.01-3.37-0.86-0.903.710.86-5.839.03-7.621.30-1.20
Net Cash Flow-5.880.135.12-6.12-0.190.120.25-0.37-0.010.000.00
Free Cash Flow5.51-6.026.23-5.22-3.97-0.975.98-9.466.34-2.72-0.59
CFO/OP-1,330%-108%-258%-186%-1%-34%180%93%-221%156%15%
Mar 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6.1013.1115.7611.5326.0722.0830.513.942.6818.907.1928.98
Inventory Days189.78133.60218.08240.05226.65126.91216.88157.35121.1266.0189.3466.87
Days Payable14.4838.6042.9935.2248.1466.4237.9128.967.0631.9717.6329.94
Cash Conversion Cycle181.40108.10190.85216.36204.5982.57209.48132.34116.7452.9478.9165.90
Working Capital Days64.3433.8263.8913.1454.3930.1535.6350.898.73-5.03-2.66-10.78
ROCE %2.02%-1.04%-8.35%1.55%-13.06%-2.35%3.97%-20.85%-4.46%-1.58%-6.75%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters65.23%65.23%65.23%65.23%65.23%65.23%63.83%63.83%63.83%63.83%63.83%63.83%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.00%0.01%0.01%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%
Public34.76%34.75%34.76%34.76%34.75%34.76%36.16%36.15%36.16%36.15%36.16%36.17%
No. of Shareholders4,2984,2974,2664,2234,2914,2564,2534,2624,2384,2264,2354,250

Fundamentals

Market Cap₹ 21.3 Cr.
Current Price₹ 42.0
Book Value₹ 21.4
ROCE-6.75 %
ROE-39.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-10%
Compounded Profit Growth (TTM)-26%
Consolidated figures.
Valuation
Market capRs 20 Cr
Enterprise valueRs 51 Cr
Price to book1.81x
Price to sales0.26x
EV / EBITDA98.37x
EV / sales0.68x
Earnings yield-21.06%
P/B, 3-year average1.40x
P/E, 5-year average31.17x
P/B, 5-year average1.12x
Profitability
Operating margin (excl. other income)-5.78%
Operating margin (incl. other income)-0.57%
EBITDA margin0.69%
Pre-tax margin-5.74%
Net profit margin-5.47%
Net margin, latest quarter-2.15%
ROE-39.58%
ROCE-6.64%
ROA-9.11%
ROE, 3-year average-26.07%
ROCE, 3-year average-4.19%
ROA, 3-year average-7.20%
ROE, 5-year average-23.49%
ROCE, 5-year average-5.76%
ROA, 5-year average-8.08%
ROIC (approx.)-4.61%
Tax rate-3.28%
Other income / net worth38.49%
Growth
Sales growth (latest year)0.73%
Sales CAGR, 3 years7.84%
Sales CAGR, 5 years9.35%
Sales growth QoQ-35.34%
Sales growth YoY (latest quarter)-22.19%
Per share
EPS (TTM)Rs -8.16
EPS (latest year)Rs -10.78
EPS (latest quarter)Rs -0.67
EPS, 3-year averageRs -8.77
EPS, 5-year averageRs -10.39
Book value per shareRs 21.41
Sales per shareRs 149.29
Cash flow per shareRs -1.50
Free cash flow per shareRs -1.16
Efficiency
Asset turnover1.34x
Fixed asset turnover2.46x
Inventory turnover6.23x
Inventory days59 days
Debtor days29 days
Debtors turnover12.60x
Creditor days30 days
Cash conversion cycle66 days
Working capital days-11 days
Leverage
Total debtRs 32 Cr
Cash and bankRs 0 Cr
Net debtRs 32 Cr
Debt to equity2.95x
Net debt / EBITDA60.58x
Interest coverage-0.77x
Owners' fund to total sources18.15%
Debt to assets53.48%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Statement figures
Net sales (TTM)Rs 76 Cr
Net sales (latest year)Rs 80 Cr
Sales (latest quarter)Rs 16 Cr
Operating profit excl. other income (latest year)Rs -5 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -4 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -4 Cr
Net profit (latest year)Rs -5 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 70 Cr
Total expenditure (latest year)Rs 85 Cr
Total income (latest year)Rs 84 Cr
Share capitalRs 5 Cr
ReservesRs 6 Cr
Shareholders' fundsRs 11 Cr
Total assetsRs 60 Cr
Net blockRs 33 Cr
InvestmentsRs 4 Cr
ReceivablesRs 6 Cr
InventoryRs 11 Cr
Other liabilitiesRs 17 Cr
Shares outstanding (crore)0.51
Ownership
Promoter holding63.83% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 1.81 is at the 93th percentile (median 0.51).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period522267Nifty 50Difference
1 week+1.7%-2.8% +4.5 pts
1 month+2.0%-6.8% +8.8 pts
3 months+2.0%-7.6% +9.6 pts
3 years+11.5%+14.2% -2.7 pts
5 years-2.9%+27.9% -30.8 pts

Red flags

F-score 3 of 8
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹16 Cr -22.2% vs Jun 2025. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Veejay Lakshmi Engineering Works Ltd?

Veejay Lakshmi Engineering Works Ltd (522267) has a market capitalisation of Rs 21.3 Cr. at the 2026-10-01 close.

What were Veejay Lakshmi Engineering Works Ltd's latest quarterly results?

In the Jun 2026 quarter, Veejay Lakshmi Engineering Works Ltd sales was Rs 16 Cr (-22.2% vs Jun 2025) with a net loss of Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03