Veejay Lak. Eng.
BSE: VJLAXMIE · Industrial Products
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Snapshot
Unlock Veejay Lak. Eng.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Veejay Lakshmi Engineering Works Limited is a textile engineering firm specialising in the manufacture of two-for-one twisters and assembly winders. The company also operates a textile division producing cotton yarn and maintains captive wind energy assets.
Business Model
The company generates revenue through the sale of textile machinery, the production and sale of cotton yarn, and cost savings from captive renewable energy generation.
Growth Outlook
Growth is driven by the company's established market position in the Indian twisting machinery segment and its diversified operations across textile manufacturing and renewable energy.
Key Risks
- Cyclicality of Textile Industry. The company's performance is highly dependent on the capital expenditure cycles and health of the global and domestic textile manufacturing sectors.
- Raw Material Price Volatility. Fluctuations in the prices of raw materials, particularly cotton, directly impact the profitability of the company's spinning division.
- Technological Obsolescence. Failure to innovate or keep pace with advancements in textile machinery technology could lead to a loss of market share to domestic and international competitors.
- Regulatory and Policy Risks. Changes in government policies regarding textile exports, import duties on machinery, or renewable energy incentives could adversely affect operational margins.
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Peers · Industrial Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Veejay Lak. Eng.VJLAXMIE | ₹20 Cr | — | — | — | -5.8% | — | — | -34.1% |
United Drilling Tools LimitedUNIDT | ₹438 Cr | 21.36 | 12.17 | 26.4% | 19.7% | 7.5% | 11.3% | +6.8% |
BatliboiBATLIBOI | ₹417 Cr | 24.36 | 14.32 | 29.5% | 7.5% | 6.6% | 7.7% | -14.0% |
True ColorsTRUECOLORS | ₹374 Cr | — | — | — | 15.0% | — | — | — |
FluidomatFLUIDOM | ₹365 Cr | 17.36 | 12.99 | 0.4% | 38.7% | 23.8% | 31.3% | -22.1% |
Cospower Engineering LimitedCOSPOWER | ₹346 Cr | — | — | — | 12.6% | — | — | +165.4% |
As of Mar 2026
Financials
Veejay Lak. Eng.
BSE: VJLAXMIE · Industrial Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Veejay Lak. Eng.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Veejay Lakshmi Engineering Works Limited is a textile engineering firm specialising in the manufacture of two-for-one twisters and assembly winders. The company also operates a textile division producing cotton yarn and maintains captive wind energy assets.
Business Model
The company generates revenue through the sale of textile machinery, the production and sale of cotton yarn, and cost savings from captive renewable energy generation.
Growth Outlook
Growth is driven by the company's established market position in the Indian twisting machinery segment and its diversified operations across textile manufacturing and renewable energy.
Key Risks
- Cyclicality of Textile Industry. The company's performance is highly dependent on the capital expenditure cycles and health of the global and domestic textile manufacturing sectors.
- Raw Material Price Volatility. Fluctuations in the prices of raw materials, particularly cotton, directly impact the profitability of the company's spinning division.
- Technological Obsolescence. Failure to innovate or keep pace with advancements in textile machinery technology could lead to a loss of market share to domestic and international competitors.
- Regulatory and Policy Risks. Changes in government policies regarding textile exports, import duties on machinery, or renewable energy incentives could adversely affect operational margins.
Start your research today
Unlock AI insights, financials, peers and live data on Veejay Lak. Eng. and 5,000+ companies — free.
Peers · Industrial Products
As of Mar 2026