Overview

Detailed Summary

Veejay Lakshmi Engineering Works Limited (VLEWL) specializes in manufacturing Two for One Twisters and Precision Assembly Winders, with a strong presence in both domestic and export markets.
The company diversified into textile spinning in 1993, incorporating it into a wholly-owned subsidiary by 2003, showcasing its adaptive business expansion strategies.
VLEWL has established a modernized textile mill in Mettupalayam, with enhanced spindle capacities, signifying operational excellence and focus on product quality improvements.
A joint venture with Savio Machine Tessili, Italy, highlights VLEWL's strategic collaborations aimed at expanding its product line to include automatic cone winders.

Sector: Textiles
Industry: Textiles - Spinning/Cotton/Blended Yarn - Ring Spg
Market Cap: 20 Cr
Volatility: Low Risk
P/E Ratio: -2.9
Industry P/E: 22.5
PEG Ratio: —
P/B Ratio: 1.5
52W High: 72.20
52W Low: 38.00

Sales CAGR

1Y: -8.54%
3Y: 2.05%
5Y: 2.98%
10Y: -0.22%

Profit CAGR

1Y: 27.41%
3Y: —
5Y: —
10Y: —

ROE

TTM: -35.64%
3Y: -39.04%
5Y: -17.24%
10Y: -11.69%

ROCE

TTM: -4.80%
3Y: -12.60%
5Y: -6.23%
10Y: -6.04%

Technicals

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Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
SRMCL	38.80	27 Cr	6.17	1.30	0.00	-13.38	-0.68	-4.57
MARIS	30.00	24 Cr	-34.09	1.25	0.00	-2.51	9.89	-0.38
VJLAXMIE	39.00	20 Cr	-2.90	1.50	0.00	-35.64	-4.80	-11.41
ICL	27.40	20 Cr	1960.78	2.69	0.00	0.74	1.34	0.09
SHRMFGC	19.54	16 Cr	5632021550004447232.00	0.00	0.00	0.15	-189.33	-20.00
KALLAM	2.92	16 Cr	-0.23	0.00	0.00	-68.94	-5.27	-13.99
SRINACHA	35.10	15 Cr	22.79	0.74	0.00	-14.19	-2.23	0.67

Financial Statements

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Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	25	21	22	16	23	23	18	20	19	16
Expenses	25	22	23	17	22	23	19	22	21	17
Operating Profit	-0.52	-0.53	-0.63	-0.87	0.47	-0.25	-0.83	-1.59	-1.55	-1.35
OPM %	-2.09	-2.49	-2.85	-5.44	2.05	-1.09	-4.64	-7.82	-7.96	-8.45
Other Income	0.38	0.40	2.35	0.33	0.48	1.39	1.01	1.05	0.99	0.83
Interest	0.56	0.54	0.62	0.61	0.71	0.29	0.89	0.60	0.58	0.62
Depreciation	0.62	0.62	0.59	0.61	0.61	0.61	0.68	0.62	0.63	0.63
Profit Before Tax	-1.32	-1.30	0.51	-1.77	-0.38	0.24	-1.39	-1.76	-1.76	-1.78
Tax %	6.06	-2.31	-13.73	5.08	15.79	20.83	-7.19	2.27	-6.25	2.25
Net Profit	-1.24	-1.33	0.57	-1.68	-0.33	0.19	-1.50	-1.71	-1.87	-1.73
EPS in Rs	-2.45	-2.63	1.13	-3.31	-0.65	0.37	-2.95	-3.38	-3.70	-3.42

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	93	83	80	69	51	75	64	87	80	84
Expenses	85	85	77	76	51	70	74	91	81	86
Operating Profit	8.12	-1.52	2.80	-7.35	0.52	4.55	-10	-3.41	-1.51	-2.20
OPM %	8.74	-1.83	3.52	-10.69	1.01	6.07	-15.89	-3.92	-1.89	-2.62
Other Income	0.86	0.95	2.03	1.74	0.46	0.87	0.32	3.43	3.20	3.93
Interest	0.53	1.11	1.18	1.03	1.52	1.95	1.67	2.37	2.50	2.49
Depreciation	4.69	4.08	3.17	2.57	2.44	2.64	2.53	2.44	2.49	2.52
Profit Before Tax	-0.95	-7.53	0.47	-9.20	-2.98	0.84	-14	-4.79	-3.30	-3.29
Tax %	-63.70	30.39	142.64	-45.60	1.14	-18.80	0.02	4.86	-0.36	-1.82
Net Profit	-1.56	-5.24	-0.20	-13	-2.95	0.99	-14	-4.56	-3.31	-3.35
EPS in Rs	—	—	—	-9.52	-2.10	0.69	-27.69	-8.98	-6.54	-13.45
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

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Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	5.07	5.07	5.07	5.07	5.07	5.07	5.07	5.07	5.07	5.07
Reserves	54	59	53	53	39	37	38	19	15	12
Borrowings	11	12	29	15	13	22	18	33	29	29
Other Liabilities	17	14	12	15	14	10	11	9.46	13	14
Total Liabilities	87	90	100	88	71	74	72	67	62	60
Fixed Assets	46	43	42	39	38	40	40	38	36	35
CWIP	0.00	0.00	0.00	0.00	3.59	0.03	0.00	0.00	0.00	0.00
Investments	9.78	3.28	3.76	3.68	2.85	3.47	3.90	3.89	4.90	4.95
Other Assets	32	43	54	45	27	30	28	25	21	21
Total Assets	87	90	100	88	71	74	72	67	62	60

Consolidated Cash Flows (in ₹ Crores)

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Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	7.35	-3.27	8.48	-5.49	-0.05	-6.13	8.43	-9.44	7.27	-2.20
Cash from Investing Activity	-10	6.78	-2.25	0.28	-3.84	-0.93	-2.35	0.04	0.34	0.91
Cash from Financing Activity	-3.01	-3.37	-1.11	-0.90	3.71	7.18	-5.83	9.03	-7.62	1.30
Net Cash Flow	-5.88	0.13	5.12	-6.12	-0.19	0.12	0.25	-0.37	-0.00	0.00

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	65.24%	65.24%	65.24%	65.24%	65.24%	65.24%	65.24%	65.24%	63.83%	63.83%	63.83%	63.83%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	34.75%	34.75%	34.75%	34.75%	34.75%	34.75%	34.75%	34.75%	36.15%	36.15%	36.15%	36.15%
Total Shareholders	4,293	4,278	4,298	4,297	4,266	4,223	4,291	4,256	4,253	4,262	4,238	4,226

Market Transactions

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Last 7 days

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Sentiment

Change in Directors/KMP

18 hours ago

Board approves appointments; postal ballot to seek shareholder approval

Board (2 Mar 2026) approved appointment of Mr. Sargunam Ranganathan as Whole‑time Director (5 yrs) and Messrs. Sanjay D. Shah and Indira Veeraraghavan as Non‑Executive Independent Directors (5 yrs each) and proposed a postal ballot; M.D. Selvaraj appointed scrutinizer.

Change in Directors

19 hours ago

Board appoints Whole‑time Director and two Independent Additional Directors

Board (2 Mar 2026) approved appointment of Mr Sargunam Ranganathan as Whole‑time Director for 5 years from 2 Mar 2026 (subject to shareholder approval) and appointed Mr Sanjay D. Shah and Ms Indira Veeraraghavan as Additional Non‑Executive Independent Directors (each intended for a 5‑year term subject to shareholder approval); postal ballot to be conducted.

Board Meeting Outcome

19 hours ago

Board appoints Whole-time Director; two Independent Directors added

Board approved appointment of Sargunam Ranganathan as Whole‑time Director for five years from 2 Mar 2026 (subject to shareholders' special resolution) and appointed Sanjay Dharamsi Shah and Indira Veeraraghavan as Additional Non‑Executive Independent Directors; postal ballot proposed to seek shareholder approvals.

Board Meeting Outcome

19 hours ago

Board approves appointments of Whole-time and two Independent Directors

Board approved appointment of Mr. Sargunam Ranganathan as Whole‑time Director for 5 years from 2 Mar 2026 (subject to shareholders' special resolution) and appointed Mr. Sanjay D. Shah and Ms. Indira Veeraraghavan as Additional Non‑Executive Independent Directors from 2 Mar 2026; postal ballot to be conducted for requisite approvals.

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Frequently Asked Questions about Veejay Lakshmi Engineering Works Ltd

Veejay Lakshmi Engineering Works Ltd (VJLAXMIE) is currently trading at 38.70 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Veejay Lakshmi Engineering Works Limited (VLEWL) specializes in manufacturing Two for One Twisters and Precision Assembly Winders, with a strong presence in both domestic and export markets. The company diversified into textile spinning in 1993, incorporating it into a wholly-owned subsidiary by 2003, showcasing its adaptive business expansion strategies. VLEWL has established a modernized textile mill in Mettupalayam, with enhanced spindle capacities, signifying operational excellence and focus on product quality improvements. A joint venture with Savio Machine Tessili, Italy, highlights VLEWL's strategic collaborations aimed at expanding its product line to include automatic cone winders.

Over the past 52 weeks, Veejay Lakshmi Engineering Works Ltd has traded between a low of ₹38.00 and a high of ₹72.20. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Veejay Lakshmi Engineering Works Ltd has a market capitalization of approximately 19.77. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Veejay Lakshmi Engineering Works Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -2.90 and operates in the Textiles sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 19.77 Cr, Veejay Lakshmi Engineering Works Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Veejay Lakshmi Engineering Works Ltd operates in the Textiles sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Veejay Lakshmi Engineering Works Ltd is -2.90. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Veejay Lakshmi Engineering Works Ltd

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