General information about company

Scrip code532740
NSE SymbolLOKESHMACH
MSEI Symbol NOTLISTED
ISIN*INE397H01017
Name of companyLOKESH MACHINES LIMITED
Type of company
Class of securityEquity
Date of start of financial year01-04-2022
Date of end of financial year31-03-2023
Date of board meeting when results were approved26-05-2023
Date on which prior intimation of the meeting for considering financial results was informed to the exchange18-05-2023
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterYearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedAudited
Segment ReportingMulti segment
Description of single segment
Start date and time of board meeting26-05-2023 12:30
End date and time of board meeting26-05-2023 16:30
Whether cash flow statement is applicable on companyYes
Type of cash flow statementCash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualificationDeclaration of unmodified opinion



Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202301-04-2022
BDate of end of reporting period31-03-202331-03-2023
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue 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.
1Income
Revenue from operations6700.1324030.24
Other income61.84420.82
Total income6761.9724451.06
2Expenses
(a)Cost of materials consumed4051.0614641.362
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade-472.09-989.884
(d)Employee benefit expense 1231.724620.154
(e)Finance costs249.041074.369
(f)Depreciation, depletion and amortisation expense234.83908.451
(f)Other Expenses
1Manufacturing Expenses1553.964350.73
2Less: Captive Connsumption-578.28-1445.628
10
Total other expenses975.682905.102
Total expenses6270.2423159.554

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202301-04-2022
BDate of end of reporting period31-03-202331-03-2023
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue 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.
3Total profit before exceptional items and tax491.731291.506
4Exceptional items 0159.141
5Total profit before tax491.731450.647
7Tax expense
8Current tax0.21287.884
9Deferred tax195.41195.412
10Total tax expenses195.62483.296
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations296.11967.351
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period296.11967.351

Financial Results Ind-AS

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202301-04-2022
BDate of end of reporting period31-03-202331-03-2023
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
1Remeasurement of defined Employee benefit Plans4.294.29
Total Amount of items that will not be reclassified to profit and loss4.294.29
2Income tax relating to items that will not be reclassified to profit or loss -1.25-1.25
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss 00
5Total Other comprehensive income5.545.54

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202301-04-2022
BDate of end of reporting period31-03-202331-03-2023
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue 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.
23Total Comprehensive Income for the period301.65972.891
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital1789.681789.68
Face value of equity share capital1010
27Details of debt securities
28Reserves excluding revaluation reserve14107.81
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations1.655.41
Diluted earnings (loss) per share from continuing operations1.655.41
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations1.655.41
Diluted earnings (loss) per share from continuing and discontinued operations1.655.41
30Debt equity ratio
31Debt service coverage ratio
32Interest service coverage ratio
33Disclosure of notes on financial results

Statement of Asset and Liabilities

ParticularsCurrent year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2022
Date of end of reporting period31-03-2023
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment11820.93
Capital work-in-progress1515.73
Investment property0
Goodwill0
Other intangible assets30.14
Intangible assets under development51.87
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments140
Trade receivables, non-current0
Loans, non-current0
Other non-current financial assets174.77
Total non-current financial assets314.77
Deferred tax assets (net)0
Other non-current assets1271
Total non-current assets15004.44
2Current assets
Inventories11229.97
Current financial asset
Current investments0
Trade receivables, current4081.57
Cash and cash equivalents21.81
Bank balance other than cash and cash equivalents672.14
Loans, current0
Other current financial assets120.47
Total current financial assets4895.99
Current tax assets (net)228.1
Other current assets1281.45
Total current assets17635.51

Statement of Asset and Liabilities

ParticularsCurrent year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2022
Date of end of reporting period31-03-2023
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
3Non-current assets classified as held for sale
4Regulatory deferral account debit balances and related deferred tax Assets
Total assets32639.95
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital1789.68
Other equity14107.81
Total equity attributable to owners of parent15897.49
Non controlling interest
Total equity15897.49
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current2058.54
Trade payables, non-current0
Other non-current financial liabilities0
Total non-current financial liabilities2058.54
Provisions, non-current454.79
Deferred tax liabilities (net)924.88
Deferred government grants, Non-current0
Other non-current liabilities0
Total non-current liabilities3438.21
Current liabilities
Current financial liabilities
Borrowings, current6749.98
Trade payables, current2957.78
Other current financial liabilities270.41
Total current financial liabilities9978.17
Other current liabilities3326.08
Provisions, current0
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities13304.25
3Liabilities directly associated with assets in disposal group classified as held for sale
4Regulatory deferral account credit balances and related deferred tax liability
Total liabilities16742.46
Total equity and liabilites32639.95
Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-202301-04-2022
Date of end of reporting period31-03-202331-03-2023
Whether accounts are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1Machinery Division4030.5613739.61
2Companents Division2669.5710290.63
Total Segment Revenue6700.1324030.24
Less: Inter segment revenue00
Revenue from operations 6700.1324030.24
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1Machinery Division832.312357.12
2Companents Division332.041258.67
Total Profit before tax1164.353615.79
i. Finance cost249.041074.37
ii. Other Unallocable Expenditure net off Unallocable income423.581090.77
Profit before tax491.731450.65
3(Segment Asset - Segment Liabilities)
Segment Asset
1Machinery Division22367.6622367.66
2Companents Division10272.2910272.29
Total Segment Asset32639.9532639.95
Un-allocable Assets
Net Segment Asset32639.9532639.95
4Segment Liabilities
Segment Liabilities
1Machinery Division12000.0112000.01
2Companents Division4742.454742.45
Total Segment Liabilities16742.4616742.46
Un-allocable Liabilities
Net Segment Liabilities16742.4616742.46
Disclosure of notes on segments

Cash flow statement, indirect

ParticularsYear ended (dd-mm-yyyy)
ADate of start of reporting period01-04-2022
BDate of end of reporting period31-03-2023
CWhether results are audited or unauditedAudited
DNature of report standalone or consolidatedStandalone
Part IBlue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax1450.647
Adjustments for reconcile profit (loss)
Adjustments for finance costs1074.37
Adjustments for decrease (increase) in inventories-1402.33
Adjustments for decrease (increase) in trade receivables, current-146.41
Adjustments for decrease (increase) in trade receivables, non-current0
Adjustments for decrease (increase) in other current assets0
Adjustments for decrease (increase) in other non-current assets0
Adjustments for other financial assets, non-current0
Adjustments for other financial assets, current0
Adjustments for other bank balances0
Adjustments for increase (decrease) in trade payables, current1918.19
Adjustments for increase (decrease) in trade payables, non-current0
Adjustments for increase (decrease) in other current liabilities0
Adjustments for increase (decrease) in other non-current liabilities0
Adjustments for depreciation and amortisation expense908.45
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss0
Adjustments for provisions, current0
Adjustments for provisions, non-current0
Adjustments for other financial liabilities, current0
Adjustments for other financial liabilities, non-current0
Adjustments for unrealised foreign exchange losses gains0
Adjustments for dividend income0
Adjustments for interest income352.32
Adjustments for share-based payments0
Adjustments for fair value losses (gains)10
Adjustments for undistributed profits of associates0
Other adjustments for which cash effects are investing or financing cash flow9.36
Other adjustments to reconcile profit (loss)0
Other adjustments for non-cash items4.29
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0
Total adjustments for reconcile profit (loss)2023.6
Net cash flows from (used in) operations3474.247
Dividends received0
Interest paid0
Interest received0
Income taxes paid (refund)310.9
Other inflows (outflows) of cash0
Net cash flows from (used in) operating activities3163.347
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses0
Cash flows used in obtaining control of subsidiaries or other businesses0
Other cash receipts from sales of equity or debt instruments of other entities0
Other cash payments to acquire equity or debt instruments of other entities0
Other cash receipts from sales of interests in joint ventures0
Other cash payments to acquire interests in joint ventures0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships0
Proceeds from sales of property, plant and equipment10.27
Purchase of property, plant and equipment2355.73
Proceeds from sales of investment property0
Purchase of investment property0
Proceeds from sales of intangible assets0
Purchase of intangible assets0
Proceeds from sales of intangible assets under development0
Purchase of intangible assets under development0
Proceeds from sales of goodwill0
Purchase of goodwill0
Proceeds from biological assets other than bearer plants0
Purchase of biological assets other than bearer plants0
Proceeds from government grants0
Proceeds from sales of other long-term assets0
Purchase of other long-term assets0
Cash advances and loans made to other parties0
Cash receipts from repayment of advances and loans made to other parties0
Cash payments for future contracts, forward contracts, option contracts and swap contracts0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts0
Dividends received0
Interest received314.72
Income taxes paid (refund)0
Other inflows (outflows) of cash-169.41
Net cash flows from (used in) investing activities-2200.15
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries0
Payments from changes in ownership interests in subsidiaries0
Proceeds from issuing shares0
Proceeds from issuing other equity instruments0
Payments to acquire or redeem entity's shares0
Payments of other equity instruments0
Proceeds from exercise of stock options0
Proceeds from issuing debentures notes bonds etc0
Proceeds from borrowings116.16
Repayments of borrowings0
Payments of finance lease liabilities0
Payments of lease liabilities0
Dividends paid0.85
Interest paid1074.37
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) financing activities-959.06
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes4.137
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents0
Net increase (decrease) in cash and cash equivalents4.137
Cash and cash equivalents cash flow statement at beginning of period17.67
Cash and cash equivalents cash flow statement at end of period21.807