General information about company
Scrip code	532740
NSE Symbol	LOKESHMACH
MSEI Symbol	NOTLISTED
ISIN*	INE397H01017
Name of company	LOKESH MACHINES LIMITED
Type of company
Class of security	Equity
Date of start of financial year	01-04-2022
Date of end of financial year	31-03-2023
Date of board meeting when results were approved	09-11-2022
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	31-10-2022
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Half yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Unaudited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	09-11-2022 12:10
End date and time of board meeting	09-11-2022 13:20
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	Not applicable

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	01-07-2022	01-04-2022
B	Date of end of reporting period	30-09-2022	30-09-2022
C	Whether results are audited or unaudited	Unaudited	Unaudited
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	6033.33	11037.71
	Other income	12.91	34.15
	Total income	6046.24	11071.86
2	Expenses
(a)	Cost of materials consumed	3637.98	6634.15
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-166.24	-568.44
(d)	Employee benefit expense	1124.51	2171.41
(e)	Finance costs	287.11	573.43
(f)	Depreciation, depletion and amortisation expense	218.75	437.5
(f)	Other Expenses
1	Other Manufacturing Expenses	950.11	1774.25
2	Less : Capative consumption	-350	-395
10
	Total other expenses	600.11	1379.25
	Total expenses	5702.22	10627.3

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	01-07-2022	01-04-2022
B	Date of end of reporting period	30-09-2022	30-09-2022
C	Whether results are audited or unaudited	Unaudited	Unaudited
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	344.02	444.56
4	Exceptional items	0	0
5	Total profit before tax	344.02	444.56
7	Tax expense
8	Current tax	105.22	133.37
9	Deferred tax	0	0
10	Total tax expenses	105.22	133.37
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	238.8	311.19
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	238.8	311.19

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	01-07-2022	01-04-2022
B	Date of end of reporting period	30-09-2022	30-09-2022
C	Whether results are audited or unaudited	Unaudited	Unaudited
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
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
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	0	0

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	01-07-2022	01-04-2022
B	Date of end of reporting period	30-09-2022	30-09-2022
C	Whether results are audited or unaudited	Unaudited	Unaudited
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	238.8	311.19
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	1789.68	1789.68
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1.33	1.74
	Diluted earnings (loss) per share from continuing operations	1.33	1.74
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	1.33	1.74
	Diluted earnings (loss) per share from continuing and discontinued operations	1.33	1.74
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 November 09, 2022. The Statutory Auditors have carried out a Limited Review of these financial results. 2. Previous figures have been regrouped/rearranged wherever necessary. 3. The Unaudited financial results are also available on the Stock Exchange websites: www.bseindia.com and www.nseindia.com and on the company's website www.lokeshmachines.com

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2022
Date of end of reporting period		30-09-2022
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	11110.01
	Capital work-in-progress	1119.22
	Investment property
	Goodwill	0
	Other intangible assets	28.66
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	150
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	167.68
	Total non-current financial assets	317.68
	Deferred tax assets (net)
	Other non-current assets	1309.33
	Total non-current assets	13884.9
2	Current assets
	Inventories	10812.19
	Current financial asset
	Current investments	0
	Trade receivables, current	4024.85
	Cash and cash equivalents	17.72
	Bank balance other than cash and cash equivalents	611.56
	Loans, current	0
	Other current financial assets	145.68
	Total current financial assets	4799.81
	Current tax assets (net)
	Other current assets	1023.11
	Total current assets	16635.11

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2022
Date of end of reporting period		30-09-2022
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	30520.01
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	1789.68
	Other equity	13446.12
	Total equity attributable to owners of parent	15235.8
	Non controlling interest
	Total equity	15235.8
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	2257.66
	Trade payables, non-current
	Other non-current financial liabilities
	Total non-current financial liabilities	2257.66
	Provisions, non-current	443.28
	Deferred tax liabilities (net)	730.72
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	3431.66
	Current liabilities
	Current financial liabilities
	Borrowings, current	6232.62
	Trade payables, current	3161.25
	Other current financial liabilities	254.39
	Total current financial liabilities	9648.26
	Other current liabilities	2204.29
	Provisions, current	0
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	11852.55
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	15284.21
	Total equity and liabilites	30520.01
	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		01-07-2022	01-04-2022
Date of end of reporting period		30-09-2022	30-09-2022
Whether accounts are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Machinery Division	3333.54	6006.95
2	Companents Division	2699.79	5030.76
	Total Segment Revenue	6033.33	11037.71
	Less: Inter segment revenue
	Revenue from operations	6033.33	11037.71
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Machinery Division	509.06	819.38
2	Companents Division	338.59	603.98
	Total Profit before tax	847.65	1423.36
	i. Finance cost	287.11	573.43
	ii. Other Unallocable Expenditure net off Unallocable income	216.52	405.37
	Profit before tax	344.02	444.56
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Machinery Division	20553.34	20553.34
2	Companents Division	9966.67	9966.67
	Total Segment Asset	30520.01	30520.01
	Un-allocable Assets
	Net Segment Asset	30520.01	30520.01
4	Segment Liabilities
	Segment Liabilities
1	Machinery Division	10414.46	10414.46
2	Companents Division	4869.75	4869.75
	Total Segment Liabilities	15284.21	15284.21
	Un-allocable Liabilities
	Net Segment Liabilities	15284.21	15284.21
	Disclosure of notes on segments

Cash flow statement, indirect
Particulars		6 months ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2022
B	Date of end of reporting period	30-09-2022
C	Whether results are audited or unaudited	Unaudited
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	444.56
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs	573.43
	Adjustments for decrease (increase) in inventories	-984.54
	Adjustments for decrease (increase) in trade receivables, current	195.69
	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	994.3
	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	437.5
	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	14.32
	Adjustments for share-based payments	0
	Adjustments for fair value losses (gains)	0
	Adjustments for undistributed profits of associates	0
	Other adjustments for which cash effects are investing or financing cash flow	0
	Other adjustments to reconcile profit (loss)	0
	Other adjustments for non-cash items	0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships	0
	Total adjustments for reconcile profit (loss)	1202.06
	Net cash flows from (used in) operations	1646.62
	Dividends received	0
	Interest paid	0
	Interest received	0
	Income taxes paid (refund)	57.65
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) operating activities	1588.97
	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	0
	Purchase of property, plant and equipment	707.43
	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	2.85
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	-108.83
	Net cash flows from (used in) investing activities	-813.41
	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	0
	Proceeds from issuing other equity instruments	0
	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	0
	Repayments of borrowings	208.84
	Payments of finance lease liabilities	0
	Payments of lease liabilities	0
	Dividends paid	0
	Interest paid	566.67
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) financing activities	-775.51
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes	0.05
	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	0.05
	Cash and cash equivalents cash flow statement at beginning of period	17.67
	Cash and cash equivalents cash flow statement at end of period	17.72