What we do Lokesh Machines Ltd specializes in manufacturing advanced machine tools and auto components, serving automotive, aerospace, defense, and other industries with a strong global presence. |
Founded in 1,983 |
Market share Leading Indian exporter of CNC machines with significant presence in Russia, Middle East, Italy, and Turkey, supported by a countrywide dealer network. |
Problem solved Provides precision machining solutions and indigenous manufacturing technologies addressing import substitution and advanced metal additive manufacturing needs. |
Top clients or who we serve Clients include Mahindra & Mahindra, Ashok Leyland, Escorts, Honda Motors; serves B2B in automotive, defense, aerospace, and agri-implement sectors. |
Key management - |
Our journey and innovations Since 1983, key milestones include India's first indigenous laser-based additive manufacturing machine launch, collaborations with IIT Madras, expansion into defense, and increased production capacity. |
Where we operate Primarily India with exports to Russia, Middle East, Europe (Italy, Turkey), South Africa, and Bahrain. |
Top products or what we offer CNC machines like Finish Cam & Crank Boring, Vertical Machining Centres; auto components including cylinder blocks and connecting rods; defense and aerospace components. |
Top brands - |
Raw materials needed Steel, alloys, electrical components for CNC machines and auto components manufacturing. |
Raw materials supplier Various local and imported suppliers; specific names undisclosed. |
Recurring vs cyclical contribution Revenue is a mix of project-based orders (cyclical) and recurring supplies through long-term contracts. |
Our industry position Strong domestic player with leadership in CNC machine exports and auto component manufacturing; expanding defense sector footprint. |
Financial highlights FY 2024-25 revenue at Rs. 228.32 crore with net profit of Rs. 0.54 crore; impacted by US sanctions causing 22% revenue drop compared to previous year. |
Geographical revenue split ~96% revenue from India, ~4% from exports to Russia, Middle East, Europe, South Africa, and Bahrain. |
Order book - |
Whats driving growth Innovation in additive manufacturing, expanded defense production, strategic customer base growth, and recovery post sanction setbacks. |
Our future plans Expanding production capacity, developing new technologies, and further growth in defense and aerospace divisions. |
Our green promise - |
Our people and values Cordial employee relations with emphasis on safety, training, and inclusive work culture. |
Key challenges ahead Recovery from US sanctions impacts, volatile global markets, and competitive pressures in advanced manufacturing. |
Interesting facts First private Indian company to develop and supply indigenous small arms to Indian Army; pioneered laser-based additive manufacturing machines. |
Risks and strategy Mitigating sanction impacts via legal appeals and diversification; ongoing cost optimization and new market development. |
