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About Lakshmi Mills Company Ltd
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Promoted in 1907 by the late G Kuppuswamy Naidu, Lakshmi Mills Company Ltd (LMC) was incorporated as a public limited company in 1910. The flagship of the Coimbatore-based Lakshmi group, its associate companies are Lakshmi Machine Works, Lakshmi Synthetic Machinery Manufacturers and Lakshmi Auto Looms. The Company is engaged in the manufacture of Yarn and trading in cloth and garments and rental services of renting out properties. It has four manufacturing units located at Coimbatore, Singanallur, Kovilpatti and Palladam, all in Tamilnadu. The company`s cloth processing is done by its subsidiary, United Bleachers. LMC exports cotton yarn and grey cloth to the UK, Germany, Italy, Bangladesh and Japan. In 1977, Coimbatore Cotton Mills was amalgamated with the company. LMC has yarn processing facilities at Coimbatore which includes facilities for mercerising and bleaching. The company was getting Wind Power generated of M/s Das Lagerway Wind Turbines Ltd., under a contract since 1997. Some problem has creeped in between the owners of the wind power farm M/s Das Lagerway & M/s Pathega Forgings & Autoparts during 2000-01, the company will not get wind power any more. Company has also increased the installed capacity of Ring Spindles by 64 Nos. In 2000-01, there was an increase in production of fabrics on account of full commissioning fo additional looms. And the company is also drafted a modernisation scheme at the cost of Rs.39 crores and sent it to IDBI for it`s sanction. The first phase of modernization of 20160 spindles in Palladam unit was commissioned during 2007.
Lakshmi Mills Company share price as on 18 Jul 2025 is Rs. 9597.95. Over the past 6 months, the Lakshmi Mills Company share price has increased by 49.1% and in the last one year, it has increased by 58.2%. The 52-week low for Lakshmi Mills Company share price was Rs. 4900.05 and 52-week high was Rs. 10059.
502958
LAKSHMIMIL
INE938C01019
Sep
Lakshmi Mills Company Ltd FAQs
You can buy Lakshmi Mills Company Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Lakshmi Mills Company Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 18, 2025 04:01 PM the closing price of Lakshmi Mills Company Ltd was Rs.9,597.95.
The latest PE ratio of Lakshmi Mills Company Ltd as of Jul 18, 2025 04:01 PM is 0.00
The latest PB ratio of Lakshmi Mills Company Ltd as of Jul 18, 2025 04:01 PM is 1.36
The 52-week high of Lakshmi Mills Company Ltd share price is Rs. 10,059.00 while the 52-week low is Rs. 4,900.05
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 18, 2025 04:01 PM, the market cap of Lakshmi Mills Company Ltd stood at Rs. 668.02 Cr.
Market Outlook
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