Lokesh Machines Ltd (LOKESHMACH) — FY26 Annual Report | 27 August 2026 (2 announcements)

Lokesh Machines Limited (LOKESHMACH) reported FY26 revenue of ₹208.56 crore, down 8.7% from ₹228.32 crore in FY25, due to US OFAC sanctions restricting auto component sales. EBITDA rose to ₹38.25 crore (18.34% margin) from ₹28.50 crore, and net profit after tax surged to ₹3.86 crore from ₹0.54 crore, driven by margin recovery and expense control. The company emerged from sanctions with OFAC delisting effective 30 June 2026, restoring international banking and trade capabilities. Order book grew to ₹271 crore by 12 August 2026, up 147.8% YoY. Net worth increased to ₹228.30 crore, supported by ₹11.79 crore preferential allotment proceeds. No dividend was recommended. Key risks include OFAC-related regulatory uncertainty, customer concentration in auto components, and raw material price volatility.

Lokesh Machines Limited announced its 42nd Annual General Meeting to be held on September 22, 2026 via video conferencing, inviting shareholders to adopt the FY26 audited financial statements, appoint a new director, and ratify cost auditor remuneration of ₹1 lakh plus up to ₹10,000 expenses. The notice, sent electronically to shareholders with registered email IDs, outlines voting procedures, e-Voting protocols through NSDL, and compliance with SEBI and MCA regulations for remote participation.