Lakshmi Mills

When is the next results date for Lakshmi Mills?

No Upcoming Board Meetings

Who are in the management team of Lakshmi Mills?

As of March 2023, the management team of Lakshmi Mills includes S Pathy (Chairman/Executive Director), R Santharam (Vice Chairman/Non-Independent Director), and several independent and non-executive directors, including D Rajendran, S Ajmera, Suguna Ravichandran, and Vijay Venkataswamy, along with Aditya Krishna Pathy (Executive Director/Deputy Managing Director) and Sanjay Jayavarthanavelu (Non-Executive & Non-Independent Director).

As of March 2023, the management team of Lakshmi Mills includes the following individuals:<BR><BR>1. S Pathy - Chairman / Executive Director<BR>2. R Santharam - Vice Chairman / Non-Independent Director<BR>3. D Rajendran - Independent Non-Executive Director<BR>4. S Ajmera - Independent Non-Executive Director<BR>5. Sanjay Jayavarthanavelu - Non-Executive & Non-Independent Director<BR>6. Aditya Krishna Pathy - Executive Director / Deputy Managing Director<BR>7. Suguna Ravichandran - Independent Non-Executive Director<BR>8. Vijay Venkataswamy - Independent Non-Executive Director<BR><BR>These members play various roles within the company's governance structure.

What does Lakshmi Mills do?

Lakshmi Mills Company Ltd manufactures yarn and trades in cloth and garments, operating in the Garments & Apparels industry. As of March 2025, it reported net sales of 71 Cr and a net profit of -1 Cr, with a market cap of Rs 449 Cr.

Overview: <BR>Lakshmi Mills Company Ltd is engaged in the manufacture of yarn and trading in cloth and garments, operating within the Garments & Apparels industry and categorized as a Micro Cap.<BR><BR>History: <BR>Incorporated as a public limited company in 1910, Lakshmi Mills was promoted in 1907 by the late G Kuppuswamy Naidu. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 71 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 449 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.15 <BR>Return on Equity: -0.55% <BR>Price to Book: 0.49<BR><BR>Contact Details: <BR>Address: 686 Avanashi Road, Coimbatore Tamil Nadu: 641037 <BR>Phone: 91-0422-2245461 to 2245465 / 4333700 <BR>Email: contact@lakshmimills.com <BR>Website: http://www.lakshmimills.com

Has Lakshmi Mills declared dividend?

Lakshmi Mills Company Ltd has declared a 9% dividend, with an ex-date of September 14, 2023. Despite this, the dividend yield is 0%, but total returns over various periods show significant growth, particularly in the long term.

Lakshmi Mills Company Ltd has declared a 9% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 9%<BR>- Ex-date: 14 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -5.76%, with a dividend return of 0%, resulting in a total return of -5.76%.<BR><BR>Over the past year, the price return was 43.14%, with a dividend return of 0%, leading to a total return of 43.14%.<BR><BR>In the 2-year period, the price return was 86.99%, with a dividend return of 0.25%, culminating in a total return of 87.24%.<BR><BR>For the 3-year period, the price return was 79.67%, with a dividend return of 1.08%, resulting in a total return of 80.75%.<BR><BR>In the last 4 years, the price return was 133.65%, with a dividend return of 1.53%, leading to a total return of 135.18%.<BR><BR>Over the 5-year period, the price return was 312.28%, with a dividend return of 3.21%, resulting in a total return of 315.49%.<BR><BR>Overall, Lakshmi Mills has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods show significant growth, particularly in the longer term, indicating a positive performance trend despite the lack of dividend yield in the recent periods.

Who are the peers of the Lakshmi Mills?

Lakshmi Mills' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Thomas Scott, Saraswati Saree, Brand Concepts, Shree Karni, and United Polyfab. In terms of management risk, growth, and capital structure, Lakshmi Mills shows average performance compared to its peers, with a 1-year return of 34.42%.

Peers: The peers of Lakshmi Mills are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Thomas Scott, Saraswati Saree, Brand Concepts, Shree Karni, and United Polyfab.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent, Saraswati Saree, Brand Concepts, and Shree Karni. Average management risk is noted at Lakshmi Mills, Trident, and Thomas Scott. Below Average management risk is present at United Polyfab. In terms of Growth, Excellent growth is seen at Thomas Scott and Brand Concepts, while Good growth is noted at K P R Mill Ltd and Lakshmi Mills. Below Average growth is found at Page Industries, Vedant Fashions, Trident, Saraswati Saree, and the rest. Capital Structure ratings show Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good is observed at Trent, Thomas Scott, and Shree Karni. Below Average capital structure is noted at Lakshmi Mills and United Polyfab.<BR><BR>Return Snapshot: K P R Mill Ltd has the highest 1-year return at 41.29%, while Brand Concepts has the lowest at -48.66%. Lakshmi Mills' 1-year return of 34.42% is significantly higher than Brand Concepts but lower than K P R Mill Ltd. Additionally, peers with negative six-month returns include Vedant Fashions, Trident, Saraswati Saree, Brand Concepts, and United Polyfab.

Who are the top shareholders of the Lakshmi Mills?

The top shareholders of Lakshmi Mills are led by promoter Pathy S with 16.33%, followed by public shareholder Lmw Limited at 3.87%. Individual investors hold 19.65%, and there are no pledged promoter holdings, with institutional investors holding negligible stakes.

The top shareholders of Lakshmi Mills include the promoters, with Pathy S holding the largest share at 16.33%. Additionally, Lmw Limited is the highest public shareholder, owning 3.87%. Individual investors collectively hold 19.65% of the shares. It's worth noting that there are no pledged promoter holdings, and institutional investors like mutual funds and foreign institutional investors hold negligible stakes in the company.

How big is Lakshmi Mills?

As of 24th July, Lakshmi Mills Company Ltd has a market capitalization of 668.00 Cr and reported net sales of 263.17 Cr with a net loss of 4.68 Cr over the latest four quarters. Shareholder's funds are valued at 868.70 Cr, and total assets amount to 1,116.86 Cr.

As of 24th July, Lakshmi Mills Company Ltd has a market capitalization of 668.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Lakshmi Mills reported net sales of 263.17 Cr. However, the company experienced a net loss of 4.68 Cr during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2024. Shareholder's funds are valued at 868.70 Cr, while total assets amount to 1,116.86 Cr.

Is Lakshmi Mills overvalued or undervalued?

As of September 23, 2025, Lakshmi Mills is fairly valued with a PE ratio of -23.66 and an EV to EBITDA of 39.88, indicating profitability challenges compared to peers like K P R Mill Ltd and Trident, despite a strong year-to-date stock performance of 21.80%.

As of 23 September 2025, Lakshmi Mills' valuation grade has moved from attractive to fair, indicating a shift in its market perception. The company appears to be fairly valued at this time. Key ratios include a PE Ratio of -23.66, an EV to EBITDA of 39.88, and a Price to Book Value of 0.68, which suggest significant challenges in profitability and valuation metrics compared to peers.<BR><BR>In comparison to its industry peers, Lakshmi Mills' PE ratio is notably lower than K P R Mill Ltd, which is very expensive at 46.3, and Trident, which is also expensive at 34.94. Additionally, Vardhman Textile, classified as fair, has a PE ratio of 14.19, highlighting that Lakshmi Mills may not be as attractive as some of its competitors. Despite the recent stock performance showing a 21.80% year-to-date return compared to the Sensex's 5.07%, the overall valuation metrics indicate that Lakshmi Mills is fairly valued within its sector.

Are Lakshmi Mills latest results good or bad?

Lakshmi Mills' latest results show a return to profitability with a net profit of ₹2.52 crores, but revenue declined by 19.19% year-on-year, raising concerns about sustainability and reliance on non-operating income. Overall, the results are mixed, indicating both operational improvements and ongoing challenges in the textile sector.

Lakshmi Mills' latest results present a mixed picture. On the positive side, the company returned to profitability in Q2 FY26, reporting a net profit of ₹2.52 crores, a significant improvement from a loss of ₹22.03 crores in the previous quarter. Additionally, the operating margin increased to 11.94%, marking the highest level in seven quarters, which indicates effective cost management and operational efficiency.<BR><BR>However, there are significant concerns as well. The company's revenue declined by 19.19% year-on-year to ₹58.63 crores, suggesting ongoing demand challenges in the textile sector. This decline raises questions about the sustainability of the recent profitability, especially since a substantial portion of the profit before tax (62.13%) came from non-operating income, indicating reliance on sources outside core operations.<BR><BR>Overall, while the operational improvements and return to profit are encouraging, the revenue decline and dependence on non-operating income highlight fundamental challenges that investors should consider. The company remains in a volatile position, and its future performance will depend on addressing these revenue challenges effectively.

How has been the historical performance of Lakshmi Mills?

Lakshmi Mills has experienced fluctuating financial performance, with net sales increasing to INR 263.16 crore in March 2025 but significant volatility in operating profit, which dropped to INR 25.52 crore. The company has faced ongoing losses, with a profit after tax of INR -4.68 crore in March 2025, despite a stable asset base.

Answer:<BR>The historical performance of Lakshmi Mills shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Lakshmi Mills' net sales have shown a gradual increase from INR 240.40 crore in March 2023 to INR 263.16 crore in March 2025, following a peak of INR 346.72 crore in March 2022. The total operating income has similarly risen to INR 263.16 crore in March 2025 from INR 240.40 crore in March 2023. However, the operating profit (PBDIT) has seen significant volatility, peaking at INR 51.38 crore in March 2022, then dropping to INR 25.52 crore in March 2025. The profit before tax has remained negative in the last two years, with a loss of INR 7.19 crore in March 2025, indicating ongoing challenges. The profit after tax also reflects losses, amounting to INR -4.68 crore in March 2025. On the balance sheet, total liabilities increased to INR 1,152.34 crore in March 2025 from INR 1,116.86 crore in March 2024, while total assets rose to INR 1,152.34 crore, reflecting a stable asset base despite the financial losses. Cash flow from operating activities improved to INR 27.00 crore in March 2025, although cash flow from financing activities turned negative at INR -21.00 crore. Overall, the financial performance of Lakshmi Mills indicates a challenging environment with fluctuating revenues and persistent losses in recent years.

How has been the historical performance of Lakshmi Mills?

Lakshmi Mills has shown fluctuating financial performance, with net sales increasing to 263.16 Cr in Mar'25 but facing ongoing profitability challenges, including a profit before tax of -7.19 Cr. While operating profit improved significantly, the company continues to struggle with negative profit after tax and cash flow from financing activities.

Answer:<BR>The historical performance of Lakshmi Mills shows a fluctuating trend in its financial metrics over the years, with notable challenges in profitability.<BR><BR>Breakdown:<BR>Lakshmi Mills reported net sales of 263.16 Cr in Mar'25, an increase from 252.97 Cr in Mar'24 and 240.40 Cr in Mar'23, but a decline from 346.72 Cr in Mar'22. The total operating income followed a similar pattern, reaching 263.16 Cr in Mar'25, up from 252.97 Cr in Mar'24. However, total expenditure decreased to 244.01 Cr in Mar'25 from 253.35 Cr in Mar'24, leading to an operating profit (PBDIT) of 25.52 Cr in Mar'25, a significant recovery from 7.66 Cr in Mar'24 but down from 51.38 Cr in Mar'22. Despite this, the company faced a profit before tax of -7.19 Cr in Mar'25, improving from -20.21 Cr in Mar'24 but contrasting sharply with a profit of 32.93 Cr in Mar'22. The profit after tax also remained negative at -4.68 Cr in Mar'25, although it was an improvement from -13.79 Cr in Mar'24. The company's total assets increased to 1,152.34 Cr in Mar'25 from 1,116.86 Cr in Mar'24, while total liabilities rose to 1,152.34 Cr in Mar'25 from 1,116.86 Cr in Mar'24. Cash flow from operating activities improved to 27.00 Cr in Mar'25 from 15.00 Cr in Mar'24, but cash flow from financing activities showed a negative trend at -21.00 Cr in Mar'25 compared to 22.00 Cr in Mar'24. Overall, Lakshmi Mills has experienced a challenging financial landscape, with improvements in some areas but persistent issues in profitability.

Is Lakshmi Mills technically bullish or bearish?

As of December 1, 2025, Lakshmi Mills is in a sideways market condition with mixed technical indicators, showing mild bearishness on the weekly MACD and RSI, while the monthly MACD remains bullish, indicating no clear trend.

As of 1 December 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing this outlook. The weekly MACD is mildly bearish, while the monthly MACD remains bullish, indicating conflicting signals. The RSI shows no signal on the weekly timeframe but is bearish on the monthly, further contributing to the indecisiveness. Bollinger Bands are bearish on the weekly but mildly bullish on the monthly. Daily moving averages are mildly bullish, suggesting some short-term strength. Overall, the combination of these indicators reflects a sideways market condition for Lakshmi Mills, with no clear bullish or bearish trend prevailing at this time.

Why is Lakshmi Mills Company Ltd falling/rising?

As of 21-Jan, Lakshmi Mills Company Ltd's stock price is at 7,249.00, reflecting a 3.41% decrease and a bearish trend with significant losses over the past three days. Despite increased investor participation, the company's weak long-term fundamentals and poor debt servicing capabilities contribute to a negative outlook.

As of 21-Jan, Lakshmi Mills Company Ltd's stock price is falling, currently at 7,249.00, which reflects a decrease of 256.05 or 3.41%. The stock has been on a downward trend, having underperformed its sector by 1.57% today and experiencing a consecutive fall over the last three days, resulting in an overall decline of 8.12% during this period. <BR><BR>Today, the stock opened with a significant loss of 6.53%, reaching an intraday low of Rs 7,015. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 252.04% against the 5-day average, the overall performance remains weak.<BR><BR>Financially, while the company has shown growth in profit before tax (PBT) and profit after tax (PAT) compared to previous quarters, its long-term fundamentals are concerning. The return on capital employed (ROCE) is low at 1.80%, and net sales growth has been modest at an annual rate of 9.40% over the last five years. Furthermore, the company's ability to service its debt is weak, evidenced by a poor EBIT to interest ratio of 0.72. These factors contribute to a negative outlook for the stock, leading to its current decline.

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