General information about company
Scrip code	532740
NSE Symbol	LOKESHMACH
MSEI Symbol	NOTLISTED
ISIN*	INE397H01017
Name of company	Lokesh Mchines Limited
Type of company
Class of security	Equity
Date of start of financial year	01-04-2023
Date of end of financial year	31-03-2024
Date of board meeting when results were approved	22-05-2024
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-05-2024
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	22-05-2024 15:00
End date and time of board meeting	22-05-2024 17:50
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2024	01-04-2023
B	Date of end of reporting period	31-03-2024	31-03-2024
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	8033.5	29353.99
	Other income	65.08	168.18
	Total income	8098.58	29522.17
2	Expenses
(a)	Cost of materials consumed	4855.34	17115.1
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-187.9	-377.09
(d)	Employee benefit expense	1445.37	5403.61
(e)	Finance costs	296.21	1147.96
(f)	Depreciation, depletion and amortisation expense	245.13	997.14
(f)	Other Expenses
1	Other Expenses	1574.7	4661.9
2	Less : Capitive Consumption	-839.41	-1481.78
10
	Total other expenses	735.29	3180.12
	Total expenses	7389.44	27466.84

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2024	01-04-2023
B	Date of end of reporting period	31-03-2024	31-03-2024
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3	Total profit before exceptional items and tax	709.14	2055.33
4	Exceptional items	0	0
5	Total profit before tax	709.14	2055.33
7	Tax expense
8	Current tax	45.03	475.81
9	Deferred tax	194.73	194.73
10	Total tax expenses	239.76	670.54
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	469.38	1384.79
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	469.38	1384.79

Financial Results – Ind-AS
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2024	01-04-2023
B	Date of end of reporting period	31-03-2024	31-03-2024
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of defined Employee benefit Plans	-66.38	-66.38
	Total Amount of items that will not be reclassified to profit and loss	-66.38	-66.38
2	Income tax relating to items that will not be reclassified to profit or loss	-18.46	-18.46
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-47.92	-47.92

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2024	01-04-2023
B	Date of end of reporting period	31-03-2024	31-03-2024
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23	Total Comprehensive Income for the period	421.46	1336.87
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	1849.68	1849.68
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve		17749.5
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.54	7.68
	Diluted earnings (loss) per share from continuing operations	2.54	7.68
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.54	7.68
	Diluted earnings (loss) per share from continuing and discontinued operations	2.54	7.68
30	Debt equity ratio
31	Debt service coverage ratio
32	Interest service coverage ratio
33	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 22, 2024. The Statutory auditors have carried out their statutory audit for the year ended March 31, 2024, and have issued the Audit Report with unmodified opinion. 2. The financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard, prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3. The figures for the quarter ended March 31, 2024, and March 31, 2023, as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures up to the end of the third quarter of the relevant financial year. 4. The financial results for the quarter and year ended March 31, 2024, are being published in the newspaper as per the format prescribed under SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015. The financial results are also available on the Stock Exchange websites: www.bseindia.com and www.nseindia.com and on the company's website: https://www.lokeshmachines.com/ 5. During the financial year ended on March 31, 2024, the Company has issued & allotted 6,00,000 Equity Shares of Rs 10/- each at a premium of Rs. 233.25/- on Preferential basis to non-promoters. Due to this, the Paid-up Equity Share Capital has increased by Rs. 60,00,000/-. In addition to above, the company has also issued & allotted 15,00,000 convertible warrants of Rs. 10/- each at a premium of Rs. 233.25/- on Preferential basis to the members of promoters/promoters group and the same are pending for conversion. 6. Exceptional item of Rs. 159.14 lacs during the financial year ended on March 31, 2023, represents insurance claim received with respect to damaged machinery in transit. 7. Previous figures have been regrouped/rearranged wherever necessary.

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2023
Date of end of reporting period		31-03-2024
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	16645.3
	Capital work-in-progress	1585.03
	Investment property	0
	Goodwill	0
	Other intangible assets	55.66
	Intangible assets under development	51.87
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	130
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	195.72
	Total non-current financial assets	325.72
	Deferred tax assets (net)	0
	Other non-current assets	1634.37
	Total non-current assets	20297.95
2	Current assets
	Inventories	11745.2
	Current financial asset
	Current investments	0
	Trade receivables, current	4839.58
	Cash and cash equivalents	21.17
	Bank balance other than cash and cash equivalents	827.64
	Loans, current	0
	Other current financial assets	138.86
	Total current financial assets	5827.25
	Current tax assets (net)	0
	Other current assets	1187.59
	Total current assets	18760.04

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2023
Date of end of reporting period		31-03-2024
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	39057.99
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	1849.68
	Other equity	17749.5
	Total equity attributable to owners of parent	19599.18
	Non controlling interest
	Total equity	19599.18
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	4530.28
	Trade payables, non-current	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	4530.28
	Provisions, non-current	560.28
	Deferred tax liabilities (net)	1101.15
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	6191.71
	Current liabilities
	Current financial liabilities
	Borrowings, current	7274.51
	Trade payables, current	3662.51
	Other current financial liabilities	503.09
	Total current financial liabilities	11440.11
	Other current liabilities	1785.59
	Provisions, current	0
	Current tax liabilities (Net)	41.4
	Deferred government grants, Current	0
	Total current liabilities	13267.1
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	19458.81
	Total equity and liabilites	39057.99
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-01-2024	01-04-2023
Date of end of reporting period		31-03-2024	31-03-2024
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Machinery Division	5387.89	19010.92
2	Companents Division	2645.62	10343.07
	Total Segment Revenue	8033.51	29353.99
	Less: Inter segment revenue	0	0
	Revenue from operations	8033.51	29353.99
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Machinery Division	1190.7	3230.9
2	Companents Division	491.58	1479.6
	Total Profit before tax	1682.28	4710.5
	i. Finance cost	296.21	1147.96
	ii. Other Unallocable Expenditure net off Unallocable income	676.93	1507.21
	Profit before tax	709.14	2055.33
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Machinery Division	26247.3	26247.3
2	Companents Division	12810.69	12810.69
	Total Segment Asset	39057.99	39057.99
	Un-allocable Assets
	Net Segment Asset	39057.99	39057.99
4	Segment Liabilities
	Segment Liabilities
1	Machinery Division	12478.9	12478.9
2	Companents Division	6979.91	6979.91
	Total Segment Liabilities	19458.81	19458.81
	Un-allocable Liabilities
	Net Segment Liabilities	19458.81	19458.81
	Disclosure of notes on segments

Cash flow statement, indirect
Particulars		Year ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2023
B	Date of end of reporting period	31-03-2024
C	Whether results are audited or unaudited	Audited
D	Nature of report standalone or consolidated	Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax	2055.33
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs	1147.96
	Adjustments for decrease (increase) in inventories	-515.23
	Adjustments for decrease (increase) in trade receivables, current	-1094.84
	Adjustments for decrease (increase) in trade receivables, non-current	0
	Adjustments for decrease (increase) in other current assets	0
	Adjustments for decrease (increase) in other non-current assets	0
	Adjustments for other financial assets, non-current	0
	Adjustments for other financial assets, current	0
	Adjustments for other bank balances	0
	Adjustments for increase (decrease) in trade payables, current	-496.8
	Adjustments for increase (decrease) in trade payables, non-current	0
	Adjustments for increase (decrease) in other current liabilities	0
	Adjustments for increase (decrease) in other non-current liabilities	0
	Adjustments for depreciation and amortisation expense	997.14
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss	0
	Adjustments for provisions, current	0
	Adjustments for provisions, non-current	0
	Adjustments for other financial liabilities, current	0
	Adjustments for other financial liabilities, non-current	0
	Adjustments for unrealised foreign exchange losses gains	0
	Adjustments for dividend income	0
	Adjustments for interest income	85.43
	Adjustments for share-based payments	0
	Adjustments for fair value losses (gains)	10
	Adjustments for undistributed profits of associates	0
	Other adjustments for which cash effects are investing or financing cash flow	-1.41
	Other adjustments to reconcile profit (loss)	0
	Other adjustments for non-cash items	-66.38
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships	0
	Total adjustments for reconcile profit (loss)	-104.99
	Net cash flows from (used in) operations	1950.34
	Dividends received	0
	Interest paid	0
	Interest received	0
	Income taxes paid (refund)	206.3
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) operating activities	1744.04
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses	0
	Cash flows used in obtaining control of subsidiaries or other businesses	0
	Other cash receipts from sales of equity or debt instruments of other entities	0
	Other cash payments to acquire equity or debt instruments of other entities	0
	Other cash receipts from sales of interests in joint ventures	0
	Other cash payments to acquire interests in joint ventures	0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships	0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships	0
	Proceeds from sales of property, plant and equipment	2.12
	Purchase of property, plant and equipment	5910.25
	Proceeds from sales of investment property	0
	Purchase of investment property	0
	Proceeds from sales of intangible assets	0
	Purchase of intangible assets	0
	Proceeds from sales of intangible assets under development	0
	Purchase of intangible assets under development	0
	Proceeds from sales of goodwill	0
	Purchase of goodwill	0
	Proceeds from biological assets other than bearer plants	0
	Purchase of biological assets other than bearer plants	0
	Proceeds from government grants	0
	Proceeds from sales of other long-term assets	0
	Purchase of other long-term assets	0
	Cash advances and loans made to other parties	0
	Cash receipts from repayment of advances and loans made to other parties	0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts	0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts	0
	Dividends received	0
	Interest received	106.62
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	-155.5
	Net cash flows from (used in) investing activities	-5957.01
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries	0
	Payments from changes in ownership interests in subsidiaries	0
	Proceeds from issuing shares	1452.63
	Proceeds from issuing other equity instruments	912.19
	Payments to acquire or redeem entity's shares	0
	Payments of other equity instruments	0
	Proceeds from exercise of stock options	0
	Proceeds from issuing debentures notes bonds etc	0
	Proceeds from borrowings	2990.55
	Repayments of borrowings	0
	Payments of finance lease liabilities	0
	Payments of lease liabilities	0
	Dividends paid	0.81
	Interest paid	1142.23
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) financing activities	4212.33
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes	-0.64
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents	0
	Net increase (decrease) in cash and cash equivalents	-0.64
	Cash and cash equivalents cash flow statement at beginning of period	21.81
	Cash and cash equivalents cash flow statement at end of period	21.17