Lokesh Machines Secures ₹22 Crore Defence Contract for Machine Pistol Parts Supply

Mumbai, 5 January 2026: Lokesh Machines Ltd (CIN: L29219TG1983PLC004319) announced a defence-related supply contract of Rs. 22.00 Crore. The counterparty in the disclosure is Advanced Weapons and Equipment India Limited. The company manufactures sub-assemblies and components of machine pistols of 9x19mm calibre.

Defence Supply Contract Information

The disclosure consists of making the total value of the contract Rs. 22,00,46,400. The supplies need to be done by 19 March 2026 or sooner.

The filing does not specify the quantity of parts, unit price or a progressive delivery schedule throughout the contract. It also not provide a revenue recognition schedule, margin expectation, warranty liability, and penalties associated with the delivery schedules. Apart from the completion date, there is no milestone-based schedule or protocol for inspection of the provided parts.

Counterparty Situation in Public Document

Advanced Weapons and Equipment India Limited is a government enterprise set up as one of the seven defence public sector undertakings as a consequence of the corporatisation of the Ordnance Factory Board. It was incorporated on 14th August 2021 under the Companies Act, 2013 and began its business on 1st October 2021.

Its registered office is in Ordnance Factory Kanpur, Kalpi Road, Kanpur. It has production units and non-production units in its defence manufacturing network.

Business of a Company and Previous Financial Report

Lokesh Machines is into machine tool manufacturing services. It produces CNC machines, in addition to supplying special-purpose machines, and has an auto components division. It produces more than 800 CNC machines every year.

Lokesh Machines has an engineering base at Hyderabad. It was incorporated on 17th of December 1983 and began business in 1985 at Hyderabad. The independent net profit was at Rs. 0.63 crore and the net sales stood at Rs. 50.43 crore during the quarter ended September 2025.

Stock Performance

At 01:15 pm IST on 5 January 2026, Lokesh Machine’s share price was up by 10.12 per cent and traded Rs. 186.15. At 01:15 pm IST on 5 January 2026, the market capitalisation was Rs. 377.74 crore. The stock opened at Rs. 181.40 and the previous week close was at Rs. 170.00.

Reference

• https://www.bseindia.com/stock-share-price/lokesh-machines-ltd/lokeshmach/532740/corp-announcements/
• https://www.bseindia.com/stock-share-price/lokesh-machines-ltd/lokeshmach/532740

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