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Lokesh Machines Ltd logo

Lokesh Machines Ltd

NSE: LOKESHMACH BSE: 532740

₹185.11

(0.46%)

Wed, 04 Mar 2026, 04:04 pm

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Company History

1983

  • Lokesh Machines Limited was incorporated as a public limited company.

1986

  • The company started commercial production.

1988

  • The company entered the auto market with an order from Bajaj Auto.
  • The company achieved a landmark of Rs. 1 crore turnover.

1994

  • The company's turnover exceeded Rs. 5 crores for the first time.
  • The company formed the Auto Component Division.

1995

  • The company signed a contract with Mahindra & Mahindra for machining Cylinder.
  • The company bagged orders from Ashok Leyland and Escorts for SPMs.
  • Gujarat Venture Finance Ltd invested in the shares of the company.

1996

  • The company crossed the landmark of Rs. 10 crore turnover.

1997

  • The company formed the CNC Division.

1998

  • The company formed a countrywide Dealer Network for CNC Division.
  • The company signed a turnkey contract with L & T John Deere Ltd.

1999

  • The company crossed the landmark of Rs. 20 crores turnover.
  • The company bagged and executed the first export order.

2000

  • The company signed a contract for machining 2nd and 3rd machining line for Mahindra & Mahindra Cylinder Blocks.

2002

  • The company received the Best Exporter Award from Dr Sir M Visveswaraaiah Industrial Awards.

2003

  • Honda Motors placed an order with the company for supply of CNC Machines.
  • The company tied up with Howa Machine Corporation Japan for manufacture of High Speed Vertical Machining Centre.
  • The company achieved a turnover of Rs. 50 crores.
  • The company received certification for ISO 9001-2000 and QS-9000.

2004

  • The company exported 2 machines to AVM Angelini, Italy.
  • The company doubled capacity for supply of cylinder blocks to Mahindra & Mahindra.
  • The company bagged export orders for 25 machines valued at 375,000 Euro.

2005

  • The company achieved a turnover of Rs. 75.32 crores in the year ended 31st March.

2005

  • The company bagged confirmed export orders for 42 machines valued at 630,000 Euro.
  • The company finalized a contract with M/s Wenig-Wemas for export of lathes and VMCs to Europe.
  • The company obtained a recommendation for TS-16949:2002 certification for Quality Management System.

2007

  • The company designated an email id for registering investor complaints.

2011

  • Smt. Bhavana Rao was appointed as Director, nominee of M/s. IFCI Venture Capital Funds Ltd.
  • Mr. K. Durgadas Maiya was appointed as Company Secretary and Compliance Officer.

2013

  • Mr. D. Ragha Vendra Rao was appointed as Company Secretary and Compliance Officer.

2014

  • The Board recommended a Final Dividend of 5% on face value of Rs. 10/- each.

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