Cash flow Lokesh Machines Limited

Equities

LOKESHMACH

INE397H01017

Industrial Machinery & Equipment

Market Closed - Bombay S.E. Other stock markets 10:00:46 06/03/2026 GMT			5-day change	1st Jan Change
208.95 ^INR	+6.66%		+12.64%	+28.39%

03-06	Lokesh Machines Limited announced that it expects to receive INR 362.416915 million in funding from RLP Securities Pvt Ltd.	CI
02-13	Lokesh Machines Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI

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Published financial data: LOKESH MACHINES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	1.5B	2.02B	2.4B	2.94B	2.28B
Gain (Loss) on Sale of Assets, Total (Rev)	-	-	-	141K	11K
Other Revenues, Total	-	-	-	-	-
Total Revenues	1.5B	2.02B	2.4B	2.94B	2.28B
Cost of Goods Sold, Total	891M	1.24B	1.5B	1.82B	1.31B
Gross Profit	611M	773M	906M	1.12B	973M
Selling General & Admin Expenses, Total	296M	381M	475M	553M	544M
Provision for Bad Debts	-	-	6.22M	9.49M	-
Depreciation & Amortization - (IS)	83.4M	90.22M	90.84M	99.71M	139M
Other Operating Expenses	62.3M	93.47M	136M	151M	144M
Other Operating Expenses, Total	441M	565M	708M	813M	827M
Operating Income	170M	208M	197M	305M	146M
Interest Expense, Total	-115M	-113M	-94.54M	-100M	-140M
Interest And Investment Income	6.51M	2.81M	35.23M	8.54M	10.6M
Net Interest Expenses	-108M	-110M	-59.31M	-91.81M	-130M
Currency Exchange Gains (Loss)	714K	2.4M	2.11M	2.94M	624K
Other Non Operating Income (Expenses)	-7.03M	-6.96M	-9.16M	-9.58M	-10.41M
EBT, Excl. Unusual Items	55.2M	93.95M	131M	207M	6.98M
Gain (Loss) On Sale Of Investments	-	-	-1M	-1M	1.92M
Gain (Loss) On Sale Of Assets	-990K	-424K	-937K	-	-
Insurance Settlements	-	-	15.91M	-	-
EBT, Incl. Unusual Items	54.21M	93.52M	145M	206M	8.9M
Income Tax Expense	14.59M	30.06M	48.33M	67.05M	3.53M
Earnings From Continuing Operations	39.62M	63.46M	96.74M	138M	5.37M
Net Income to Company	39.62M	63.46M	96.74M	138M	5.37M
Net Income - (IS)	39.62M	63.46M	96.74M	138M	5.37M
Net Income to Common Incl Extra Items	39.62M	63.46M	96.74M	138M	5.37M
Net Income to Common Excl. Extra Items	39.62M	63.46M	96.74M	138M	5.37M
Per Share Items
Net EPS - Basic	2.21	3.55	5.41	7.68	0.29
Basic EPS - Continuing Operations	2.21	3.55	5.41	7.68	0.29
Basic Weighted Average Shares Outstanding	17.9M	17.9M	17.9M	18.03M	18.73M
Net EPS - Diluted	2.21	3.55	5.41	7.68	0.28
Diluted EPS - Continuing Operations	2.21	3.55	5.41	7.68	0.28
Diluted Weighted Average Shares Outstanding	17.9M	17.9M	17.9M	18.03M	18.73M
Normalized Basic EPS	1.93	3.28	4.58	7.16	0.23
Normalized Diluted EPS	1.93	3.28	4.58	7.16	0.23
Dividend Per Share	-	-	-	-	-
Payout Ratio	0.23	0.06	0.09	0.06	-
Supplemental Items
EBITDA	252M	297M	287M	402M	282M
EBITA	170M	208M	197M	305M	146M
EBIT	170M	208M	197M	305M	146M
EBITDAR	259M	304M	296M	411M	290M
Total Revenues (As Reported)	1.52B	2.03B	2.45B	2.95B	2.3B
Effective Tax Rate - (Ratio)	26.92	32.15	33.32	32.62	39.69
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	9.05M	15.61M	28.79M	37.21M	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	5.54M	11.92M	19.54M	19.47M	3.53M
Normalized Net Income	34.5M	58.72M	81.93M	129M	4.36M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	1.47M	2.87M	4.36M	3.82M	5M
Selling and Marketing Expenses	1.47M	2.87M	4.36M	3.82M	5M
Research And Development Expense From Footnotes	4.8M	5.2M	10.41M	5.32M	4.65M
Net Rental Expense, Total	6.78M	7.42M	8.85M	8.58M	7.43M
Imputed Operating Lease Interest Expense	7.51M	7.7M	7.65M	6.69M	6.62M
Imputed Operating Lease Depreciation	-725K	-273K	1.2M	1.9M	815K
Maintenance & Repair Expenses, Total	19.34M	23.95M	36.55M	40.46M	32.66M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	5.81M	1.77M	2.18M	2.12M	1.75M
Short Term Investments	-	-	-	-	2.5M
Total Cash And Short Term Investments	5.81M	1.77M	2.18M	2.12M	4.25M
Accounts Receivable, Total	400M	438M	408M	484M	404M
Other Receivables	5.43M	5.21M	8.97M	6.85M	5.52M
Total Receivables	406M	444M	417M	491M	409M
Inventory	1.07B	1.06B	1.22B	1.28B	1.48B
Prepaid Expenses	5.79M	4.3M	10.12M	9.65M	5.95M
Other Current Assets, Total	71.15M	62.3M	90.02M	93.18M	100M
Total Current Assets	1.56B	1.58B	1.74B	1.88B	2B
Gross Property Plant And Equipment	2.34B	2.46B	2.67B	3.25B	3.62B
Accumulated Depreciation	-1.14B	-1.23B	-1.29B	-1.39B	-1.53B
Net Property Plant And Equipment	1.21B	1.24B	1.37B	1.86B	2.09B
Long-term Investments	15M	15M	14M	13M	14.92M
Other Intangibles, Total	2.16M	3.2M	8.2M	10.75M	17.72M
Accounts Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	88.75M	113M	128M	144M	152M
Total Assets	2.87B	2.94B	3.26B	3.91B	4.28B
Liabilities
Accounts Payable, Total	274M	278M	296M	366M	362M
Accrued Expenses, Total	35.85M	27.3M	46.12M	55.51M	64.87M
Short-term Borrowings	572M	563M	600M	619M	662M
Current Portion of Long-Term Debt	59.92M	62.71M	73.44M	105M	160M
Current Portion of Leases	4.13M	3.16M	1.16M	3.52M	2.67M
Current Income Taxes Payable	-	-	-	4.14M	-
Unearned Revenue Current, Total	114M	104M	291M	143M	172M
Other Current Liabilities	43.08M	53.98M	22.3M	30.22M	53.43M
Total Current Liabilities	1.1B	1.09B	1.33B	1.33B	1.48B
Long-Term Debt	230M	239M	201M	440M	501M
Long-Term Leases	3.69M	1.39M	4.58M	12.84M	10.65M
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	30.57M	35.63M	36.77M	46.78M	36.12M
Deferred Tax Liability Non Current	62.07M	73.07M	92.49M	110M	116M
Other Non Current Liabilities	6.95M	8.35M	8.71M	9.25M	7.64M
Total Liabilities	1.44B	1.45B	1.67B	1.95B	2.15B
Common Stock, Total	179M	179M	179M	185M	194M
Additional Paid In Capital	739M	739M	739M	878M	1.08B
Retained Earnings	503M	567M	664M	802M	808M
Comprehensive Income and Other	10.12M	7.72M	8.27M	94.7M	49.99M
Total Common Equity	1.43B	1.49B	1.59B	1.96B	2.13B
Total Equity	1.43B	1.49B	1.59B	1.96B	2.13B
Total Liabilities And Equity	2.87B	2.94B	3.26B	3.91B	4.28B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	17.9M	17.9M	17.9M	18.5M	19.35M
ECS Total Common Shares Outstanding	17.9M	17.9M	17.9M	18.5M	19.35M
Book Value / Share	79.98	83.39	88.83	105.96	109.98
Tangible Book Value	1.43B	1.49B	1.58B	1.95B	2.11B
Tangible Book Value Per Share	79.86	83.21	88.37	105.38	109.07
Total Debt	869M	869M	881M	1.18B	1.34B
Net Debt	863M	867M	879M	1.18B	1.33B
Debt Equivalent of Unfunded Proj. Benefit Obligation	30.57M	35.63M	36.77M	48.92M	36.12M
Debt Equivalent Oper. Leases	54.27M	59.4M	70.77M	68.66M	59.47M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	183M	174M	216M	229M	246M
Inventories - Work In Process, Total	745M	739M	835M	890M	963M
Inventories - Finished Goods, Total	65.36M	69.09M	72.42M	55.48M	160M
Inventories - Others	-	-	-	-	-
Land - (BS)	149M	149M	149M	205M	205M
Buildings, Total	373M	373M	388M	495M	639M
Machinery, Total	1.74B	1.83B	1.94B	2.35B	2.67B
Full Time Employees	483	388	526	645	647
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	9.49M	4.75M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	39.62M	63.46M	96.74M	138M	5.37M
Depreciation & Amortization - CF	82.49M	89.22M	90.16M	98.15M	137M
Depreciation & Amortization, Total	82.49M	89.22M	90.16M	98.15M	137M
Amortization of Deferred Charges, Total - (CF)	913K	1M	680K	1.57M	2.03M
(Gain) Loss From Sale Of Asset	990K	424K	936K	-141K	-11K
(Gain) Loss on Sale of Investments - (CF)	-	-	1M	1M	-1.92M
Provision and Write-off of Bad Debts	-	-	-	-	7.58M
Other Operating Activities, Total	130M	136M	89.87M	146M	105M
Change In Accounts Receivable	-129M	-72.91M	-14.64M	-109M	93.58M
Change In Inventories	-536K	9.71M	-140M	-51.52M	-195M
Change In Accounts Payable	-31.11M	3.45M	192M	-49.68M	55.52M
Cash from Operations	93.33M	231M	316M	174M	209M
Capital Expenditure	-29.59M	-122M	-236M	-591M	-373M
Sale of Property, Plant, and Equipment	18.5M	-	1.03M	212K	51K
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-31.16M	10.08M	14.53M	-4.89M	3.17M
Cash from Investing	-42.25M	-112M	-220M	-596M	-370M
Long-Term Debt Issued, Total	76.07M	200K	11.62M	299M	157M
Total Debt Issued	76.07M	200K	11.62M	299M	157M
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	-	-	145M	156M
Common Dividends Paid	-93K	-41K	-85K	-81K	-
Common & Preferred Stock Dividends Paid	-93K	-41K	-85K	-81K	-
Other Financing Activities, Total	-130M	-123M	-107M	-23M	-152M
Cash from Financing	-53.6M	-123M	-95.91M	421M	161M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1K
Net Change in Cash	-2.53M	-4.05M	414K	-64K	-367K
Supplemental Items
Cash Interest Paid	130M	123M	107M	114M	152M
Cash Income Tax Paid (Refund)	6.54M	9.52M	31.09M	20.63M	39.76M
Levered Free Cash Flow	-113M	-3.58M	-55.2M	-555M	-304M
Unlevered Free Cash Flow	-41.26M	66.85M	3.89M	-492M	-216M
Change In Net Working Capital	201M	31.48M	-25.21M	191M	72.73M
Net Debt Issued / Repaid	76.07M	200K	11.62M	299M	157M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.76	4.48	3.98	5.32	2.23
Return on Total Capital	4.74	5.59	5.11	6.79	2.77
Return On Equity %	2.81	4.34	6.28	7.8	0.26
Return on Common Equity	2.81	4.34	6.28	7.8	0.26
Margin Analysis
Gross Profit Margin %	40.69	38.32	37.7	38.1	42.62
SG&A Margin	19.68	18.9	19.78	18.83	23.83
EBITDA Margin %	16.76	14.71	11.94	13.71	12.36
EBITA Margin %	11.32	10.32	8.22	10.39	6.41
EBIT Margin %	11.32	10.32	8.22	10.39	6.41
Income From Continuing Operations Margin %	2.64	3.14	4.03	4.72	0.24
Net Income Margin %	2.64	3.14	4.03	4.72	0.24
Net Avail. For Common Margin %	2.64	3.14	4.03	4.72	0.24
Normalized Net Income Margin	2.3	2.91	3.41	4.4	0.19
Levered Free Cash Flow Margin	-7.53	-0.18	-2.3	-18.9	-13.3
Unlevered Free Cash Flow Margin	-2.75	3.31	0.16	-16.77	-9.46
Asset Turnover
Asset Turnover	0.53	0.69	0.77	0.82	0.56
Fixed Assets Turnover	1.22	1.65	1.84	1.81	1.16
Receivables Turnover (Average Receivables)	4.36	4.81	5.68	6.58	5.14
Inventory Turnover (Average Inventory)	0.84	1.17	1.31	1.45	0.95
Short Term Liquidity
Current Ratio	1.41	1.44	1.31	1.41	1.36
Quick Ratio	0.37	0.41	0.32	0.37	0.28
Operating Cash Flow to Current Liabilities	0.08	0.21	0.24	0.13	0.14
Days Sales Outstanding (Average Receivables)	83.64	75.84	64.3	55.62	70.97
Days Outstanding Inventory (Average Inventory)	434.49	311.63	278.49	251.92	385.18
Average Days Payable Outstanding	111.26	79.95	63.27	64.57	87.79
Cash Conversion Cycle (Average Days)	406.86	307.51	279.51	242.96	368.35
Long Term Solvency
Total Debt/Equity	60.71	58.24	55.41	60.23	62.84
Total Debt / Total Capital	37.78	36.81	35.65	37.59	38.59
LT Debt/Equity	16.3	16.09	12.95	23.11	24.05
Long-Term Debt / Total Capital	10.14	10.17	8.33	14.43	14.77
Total Liabilities / Total Assets	50.07	49.26	51.29	49.82	50.26
EBIT / Interest Expense	1.48	1.85	2.09	3.04	1.04
EBITDA / Interest Expense	2.2	2.64	3.04	4.02	2.02
(EBITDA - Capex) / Interest Expense	1.94	1.56	0.55	-1.87	-0.65
Total Debt / EBITDA	3.44	2.92	3.06	2.93	4.73
Net Debt / EBITDA	3.42	2.91	3.06	2.92	4.71
Total Debt / (EBITDA - Capex)	3.9	4.95	16.93	-6.28	-14.78
Net Debt / (EBITDA - Capex)	3.87	4.94	16.88	-6.27	-14.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.37	34.37	19.06	22.16	-22.22
Gross Profit, 1 Yr. Growth %	19.59	26.54	17.12	23.45	-12.99
EBITDA, 1 Yr. Growth %	110.33	17.92	-3.35	40.25	-29.86
EBITA, 1 Yr. Growth %	426.53	22.59	-5.25	54.47	-52.04
EBIT, 1 Yr. Growth %	426.53	22.59	-5.25	54.47	-52.04
Earnings From Cont. Operations, 1 Yr. Growth %	-184.57	60.19	52.43	43.15	-96.12
Net Income, 1 Yr. Growth %	-184.57	60.19	52.43	43.15	-96.12
Normalized Net Income, 1 Yr. Growth %	-167.9	70.21	39.53	57.55	-96.62
Diluted EPS Before Extra, 1 Yr. Growth %	-184.35	60.45	52.43	42.06	-96.35
Accounts Receivable, 1 Yr. Growth %	38.94	9.53	-6.91	18.57	-16.53
Inventory, 1 Yr. Growth %	1.31	0.08	14.86	4.83	15.98
Net Property, Plant and Equip., 1 Yr. Growth %	-3.65	2.53	11.15	35.58	12.23
Total Assets, 1 Yr. Growth %	3.21	2.61	10.87	19.66	9.55
Tangible Book Value, 1 Yr. Growth %	3.14	4.2	6.2	23.24	8.28
Common Equity, 1 Yr. Growth %	3.07	4.27	6.52	23.28	8.59
Cash From Operations, 1 Yr. Growth %	-18.04	147.37	37.03	-44.87	19.88
Capital Expenditures, 1 Yr. Growth %	-14.11	312.71	92.88	150.89	-36.82
Levered Free Cash Flow, 1 Yr. Growth %	-464.73	-96.72	4.16K	905.26	-45.29
Unlevered Free Cash Flow, 1 Yr. Growth %	-141.39	-279.65	-94.37	-12.76K	-56.11
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-11.19	26.65	26.48	20.6	-2.52
Gross Profit, 2 Yr. CAGR %	-9.49	23.01	21.74	20.24	3.64
EBITDA, 2 Yr. CAGR %	-10.35	57.49	6.76	16.43	-0.81
EBITA, 2 Yr. CAGR %	-12.55	154.06	7.78	20.98	-13.93
EBIT, 2 Yr. CAGR %	-12.55	154.06	7.78	20.98	-13.93
Earnings From Cont. Operations, 2 Yr. CAGR %	-23.48	16.39	56.27	47.72	-76.44
Net Income, 2 Yr. CAGR %	-23.48	16.39	56.27	47.72	-76.44
Normalized Net Income, 2 Yr. CAGR %	-26.39	7.5	54.11	48.27	-76.93
Diluted EPS Before Extra, 2 Yr. CAGR %	-23.54	16.33	56.39	47.16	-77.24
Accounts Receivable, 2 Yr. CAGR %	2.03	23.36	0.97	5.06	-0.52
Inventory, 2 Yr. CAGR %	2.23	0.46	7.22	9.73	10.26
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.29	-0.61	6.75	22.76	23.36
Total Assets, 2 Yr. CAGR %	-0.24	2.91	6.7	15.18	14.49
Tangible Book Value, 2 Yr. CAGR %	-0.31	3.67	5.19	14.4	15.52
Common Equity, 2 Yr. CAGR %	-0.35	3.66	5.39	14.6	15.7
Cash From Operations, 2 Yr. CAGR %	-45.29	42.38	84.11	-13.08	-18.7
Capital Expenditures, 2 Yr. CAGR %	-44.33	88.27	182.14	119.98	25.91
Levered Free Cash Flow, 2 Yr. CAGR %	110.37	-66.03	-28.86	1.97K	134.52
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.32	-18.11	-67.67	166.81	645.29
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.95	1.96	24.06	25.02	4.2
Gross Profit, 3 Yr. CAGR %	-3.45	1.21	21.02	22.31	7.95
EBITDA, 3 Yr. CAGR %	-4.12	-1.77	33.83	16.92	-1.67
EBITA, 3 Yr. CAGR %	-5.91	-2.13	82.88	21.51	-11.13
EBIT, 3 Yr. CAGR %	-5.91	-2.13	82.88	21.51	-11.13
Earnings From Cont. Operations, 3 Yr. CAGR %	-5.57	-2.11	27.35	51.77	-56.1
Net Income, 3 Yr. CAGR %	-5.57	-2.11	27.35	51.77	-56.1
Normalized Net Income, 3 Yr. CAGR %	-6.98	-2.66	17.26	55.25	-57.97
Diluted EPS Before Extra, 3 Yr. CAGR %	-6.77	-2.11	27.3	51.46	-57.1
Accounts Receivable, 3 Yr. CAGR %	17.31	4.47	12.31	6.53	-2.7
Inventory, 3 Yr. CAGR %	1.77	1.35	5.05	6.41	11.77
Net Property, Plant and Equip., 3 Yr. CAGR %	-1.82	-0.71	3.17	15.61	19.15
Total Assets, 3 Yr. CAGR %	0.83	0.7	5.53	10.86	13.27
Tangible Book Value, 3 Yr. CAGR %	1.3	1.17	4.5	10.9	12.32
Common Equity, 3 Yr. CAGR %	1.31	1.17	4.61	11.04	12.56
Cash From Operations, 3 Yr. CAGR %	-32.51	-9.53	40.58	23.17	-3.25
Capital Expenditures, 3 Yr. CAGR %	-26.38	8.56	89.8	171.31	45.14
Levered Free Cash Flow, 3 Yr. CAGR %	11.21	-48.08	21.19	71.99	516.69
Unlevered Free Cash Flow, 3 Yr. CAGR %	-36.92	-13.07	-66.08	136.49	46.2
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.41	8.9	6.55	9.04	12.65
Gross Profit, 5 Yr. CAGR %	-2.54	3.94	5.93	8.43	13.74
EBITDA, 5 Yr. CAGR %	-0.31	1.33	0.09	5.14	18.72
EBITA, 5 Yr. CAGR %	-1.32	1.2	-0.66	6.53	35.28
EBIT, 5 Yr. CAGR %	-1.32	1.2	-0.66	6.53	35.28
Earnings From Cont. Operations, 5 Yr. CAGR %	13.13	24.63	15.51	15.4	-35.16
Net Income, 5 Yr. CAGR %	13.13	24.63	15.51	15.4	-35.16
Normalized Net Income, 5 Yr. CAGR %	8.71	23.77	13.83	15.18	-38.81
Diluted EPS Before Extra, 5 Yr. CAGR %	10.36	22.6	14.66	15.23	-36.06
Accounts Receivable, 5 Yr. CAGR %	6.22	10.59	10.48	4.71	6.99
Inventory, 5 Yr. CAGR %	2.08	0.39	3.82	4.62	7.1
Net Property, Plant and Equip., 5 Yr. CAGR %	-1.12	-0.49	1.52	8.09	10.81
Total Assets, 5 Yr. CAGR %	-0.72	-0.07	3.14	6.28	9.02
Tangible Book Value, 5 Yr. CAGR %	4.49	2.98	2.84	6.27	8.78
Common Equity, 5 Yr. CAGR %	4.49	2.99	2.92	6.34	8.91
Cash From Operations, 5 Yr. CAGR %	-11.04	1.85	0.83	-10.97	12.92
Capital Expenditures, 5 Yr. CAGR %	-26.77	4.63	26	43.99	61.06
Levered Free Cash Flow, 5 Yr. CAGR %	-13.19	-1.67	-7.67	85.06	57.81
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.54	-6.84	-52.71	37.06	16.73
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-