Laxmipati Engineering Works Ltd.
Fundamentals
- Market cap
- ₹173 cr
- P/E
- 6.38×
- ROE
- 75.82%
- Debt / equity
- 5.26
- 52-week range
- 167.90 — 452.30
The timeline — 2 notes on Laxmipati Engineering Works Ltd.
May 2026
- 26 May 26 · 5:14 PM IST Brief Brief · Earnings · Micro cap
Laxmipati Engineering cuts debt by 80% after asset sale
A ₹23.7 crore windfall from a fixed-asset sale allowed the company to slash long-term debt to ₹7.7 crore, dropping its debt-equity ratio to 0.47x.
- 26 May 26 · 4:32 PM IST Brief Brief · Earnings · Micro cap
Laxmipati Engineering sells assets to cut debt to ₹7.7 crore
A ₹23.7 crore gain from a fixed asset sale allowed the company to pay down long-term debt from ₹39.6 crore to ₹7.7 crore.