Lakshmi Engineering doubles annual profit to ₹167.39 lakhs
The nano-cap firm reported a sharp rise in net profit for FY26, driven by its warehousing rental business. The board recommended a dividend of ₹10 per share.
— 1 earlier story on Lakshmi Engineering And Warehousing Ltd. →What's new
- Net profit climbed to ₹167.39 lakhs from ₹84.04 lakhs in the prior year.
- Warehousing rentals generated ₹1,024.83 lakhs of the total ₹1,434.42 lakhs revenue.
- The board recommended a dividend of ₹10 per share.
Why this matters
The company is effectively a play on warehousing rentals, which are masking the persistent margin drag from its engineering services segment. While the bottom-line growth is clear, the firm remains a small-scale operator with a market cap of ₹137 crores.
What we're watching
- Whether the engineering segment can improve its margins in FY27.
- The 52nd Annual General Meeting scheduled for August 10, 2026.
- Sustainability of the rental-driven revenue growth.
The full read
Lakshmi Engineering And Warehousing posted a sharp improvement in its FY26 financials, with net profit nearly doubling to ₹167.39 lakhs from ₹84.04 lakhs a year earlier. Total revenue from operations reached ₹1,434.42 lakhs, supported by a 12% rise in total income to ₹15.68 crores. The result is a tale of two segments. Warehousing rentals are the engine, contributing ₹1,024.83 lakhs to the top line and serving as the primary profit driver. Conversely, the engineering services business remains a persistent drag on margins. With a market capitalization of just ₹137 crores, the company is a nano-cap operator. The board has recommended a dividend of ₹10 per share and set the 52nd Annual General Meeting for August 10, 2026. The bottom-line growth is clear, but the company's reliance on the warehousing segment to offset engineering losses is the defining feature of its current performance.
Questions answered
- What was the primary driver of the company's revenue growth?
- Warehousing rental services were the core profit driver, contributing ₹1,024.83 lakhs to the total operating revenue of ₹1,434.42 lakhs.
- How did the bottom line compare to the previous year?
- Net profit nearly doubled to ₹167.39 lakhs for the year ending March 31, 2026, compared to ₹84.04 lakhs in the previous period.
- What dividend did the board recommend?
- The board recommended a dividend of ₹10 per share.
- Is the engineering segment performing well?
- No, the engineering services segment continues to drag on overall margins, despite the strong performance of the warehousing business.
Story so far
All notes on LAKSHMIEW →- 29 May 2026 · 4:08 PM IST Lakshmi Engineering doubles annual profit to ₹167.39 lakhs
- 1d ago Lakshmi Engineering declares ₹10 dividend for FY26