Lokesh Machines Ltd

Lokesh Machines Limited announced the appointment of Mr. G. Ranganath as Vice President - Operations, effective September 17, 2026, and his designation as a Senior Management Personnel, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited. Mr. Ranganath holds a degree in Mechanical Engineering and an MBA in Operations Management, bringing 30 years of experience in plant operations and operational excellence from organizations including Rane Brake Linings Limited and JK Fenner India Limited.

Lokesh Machines Ltd announced that CARE Ratings Ltd has reaffirmed credit ratings for the company's outstanding borrowing facilities. Specifically, the long-term bank facilities amounting to Rs. 159.98 crore have been reaffirmed at CARE BBB-; Stable, while the short-term bank facilities amounting to Rs. 44.50 crore have been reaffirmed at CARE A3; there were no enhancements, assignments, or withdrawals associated with these ratings, and the reaffirmation occurred on September 09, 2026.

Lokesh Machines Limited reported a strong Q1 FY27, with revenue reaching Rs 55.46 crore, a 15.4% year-over-year increase, and net profit more than doubling to Rs 1.01 crore. The company, a leading Indian machine tool manufacturer with a market capitalization of Rs 766 crore as of August 10, 2026, benefited from a robust order book of Rs 271.00 crore, exceeding last year’s revenue by Rs 61.38 crore. Recent equity infusions totaling Rs 31.04 crore have strengthened the company’s capital employed, while the removal of prior OFAC sanctions has opened new export markets and spurred a Rs 58.21 crore defense order from the Ministry of Defence. Management expressed confidence in sustaining this momentum throughout FY27, emphasizing resilience and a focus on expanding production capacity and defense division revenue.

Lokesh Machines Limited will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited.

The contract involves the supply of modification (MOD) kits for 7.62 mm medium machine guns. The company clarified that the order does not constitute a related-party transaction and that neither its promoters nor members of the promoter group have any interest in the award of the contract. Lokesh Machines is engaged in the business of manufacturing special purpose machines (SPM), general purpose machines/CNC lathes (GPM), connecting rods, and machining cylinder blocks and heads. On a standalone basis, Lokesh Machines reported a sharp increase in net profit to Rs 2.15 crore in Q4 FY26 from Rs 0.13 crore in the corresponding quarter last year. Revenue from operations surged 53.4% year on year to Rs 59.36 crore during the quarter ended 31 March 2026. Powered by Capital Market - Live

Lokesh Machines will hold a meeting of the Board of Directors of the Company on 26 May 2026.

According to an exchange filing, the total order value stands at Rs 9,50,01,741 and the project is scheduled to be executed within 180 days from the date of issuance of the Letter of Award (LoA). The company clarified that its promoters and promoter group entities have no interest in the awarding authority and the contract does not fall under related-party transactions under applicable regulatory norms. Lokesh Machines is engaged in the business of manufacturing special purpose machines (SPM), general purpose machines/CNC lathes (GPM), connecting rods, and machining cylinder blocks and heads. On a standalone basis, Lokesh Machines reported a turnaround net profit of Rs 0.63 crore in Q3 FY26 as compared to net loss of Rs 4.10 crore posted in Q3 FY25, while net sales declined 2% YoY to Rs 50.73 crore in Q3 FY26. The counter fell 2.49% to Rs 199.60 on the BSE. Powered by Capital Market - Live

Lokesh Machines has received an order worth Rs 9.50 crore from Directorate General, Sashastra Seema Bal (SSB), Ministry of Home Affairs, Government of India, for supply of latest SMG (9x19mm Carbine), along with accessories. Powered by Capital Market - Live

Lokesh Machines announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 3 April 2026.Powered by Capital Market - Live

Lokesh Machines will hold a meeting of the Board of Directors of the Company on 6 March 2026.Powered by Capital Market - Live