What we do Laxmipati Engineering Works Ltd specializes in shipbuilding, ship repair, heavy engineering, precision machining, and engineering infrastructure services primarily for defense and industrial sectors. |
Founded in 2,012 |
Market share Emerging reliable partner with diversified clientele including L&T Defence and Adani Ports; expanding presence in shipbuilding and engineering markets. |
Problem solved Provides essential manufacturing and repair solutions for maritime and heavy engineering industries to address defense and infrastructure needs. |
Top clients or who we serve Serve B2B clients including L&T Heavy Engineering Division, L&T Defence, Adani Ports, AM/NS, Ensavior, Sulzer India. |
Key management - |
Our journey and innovations Started as a shipbuilding firm in 2012, diversified into defense projects and reactor manufacturing; established a state-of-the-art engineering workshop in Palsana with advanced machinery. |
Where we operate Operations primarily based in Surat, with clients across India in defense and industrial sectors. |
Top products or what we offer Shipbuilding and repair, fabrication, pressure vessels, precision machining, heavy engineering services. |
Top brands - |
Raw materials needed Steel plates, aluminum for boats, piping materials, machining components. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily project-based with cyclical contributions from engineering services and maintenance contracts. |
Our industry position Positioned as a growing mid-size player in shipbuilding and heavy engineering industries with growing defense manufacturing credentials. |
Financial highlights FY 2024-25 revenue Rs. 50.09 crore, net profit Rs. 6.5 crore showing strong growth from previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increasing defense contracts, expansion into heavy engineering, upgraded facilities, and focus on precision machining. |
Our future plans Expand manufacturing capabilities, enhance defense project portfolio, and invest in new technology for production efficiency. |
Our green promise - |
Our people and values Committed workforce emphasizing safety, quality certifications, and employee development in engineering skills. |
Key challenges ahead Managing competitive pressure, technology upgrades, and scaling operations while maintaining quality standards. |
Interesting facts Holds Industrial License for warship manufacturing; holds ISO 9001:2015, ISO 45001:2018, ASME certifications. |
Risks and strategy Mitigates regulatory and market risks through diversified clientele, continuous innovation, and adherence to quality standards. |
