Lakshmi Precision Screws Ltd
LAKP

Lakshmi Precision Screws Ltd (LAKPRE)

₹5.454.39%

Key Stats

₹5.45
Day's Price Range
₹5.45
₹3.95
52-Week Price Range
₹10.55
1 Month Return-0.87 %
3 Month Return-5 %
1 Year Return25.27 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 4
1.42
EPS
Rank 197
₹4
BVPS
Rank 244
₹23.59
Dividend Yield
Rank 179
ROE
Rank 448
Price To Book Ratio
Rank 8
0.24
Debt To Asset
Rank 24
0.94

Company Information

Promoted by the late Bimal Pershad Jain and his associates Lakshmi Precision Screws LPS was converted into a public limited company in 1971. Initially manufacturing hightensile fasteners its product range has increased steadily to cater to different industrial sectors including automobiles machine tools refrigeration textile machinery etc for the export and domestic markets.The company is one of the leading exporters of industrial fasteners in India. It has been awarded the Certificate of Export Excellence by the Engineering Export Promotion Council EEPC twice in succession in 199293 and 199394 in recognition of its export performance. The public issue in 1983 part financed the expansion of installed capacity from 2800 tpa to 6000 tpa which was later revised to 5000 tpa. A rights issue funded the installation of a modern plant in 1993 near the existing one increasing the capacity to 7500 tpa. In 199596 the company envisaged an expansion/modernisation scheme involving a capital outlay of Rs 16.55 cr with an installed capacity of 2700 tpa. The company has entered into a joint venture agreement with the Bossard International AG Switzerland for development of software and marketing/distribution of new range of fasteners for niche market of electrical and electronics etc. In 200102 the company was awarded the Golden Peacock Environment Management award which was given by WEF.
OrganisationLakshmi Precision Screws Ltd
HeadquartersRohtak
IndustryCastings, Forgings & Fastners