- Business
- Lakshmi Electrical Control Systems Limited manufactures and sells control panels, engineering plastic components, and related electrical products in India and internationally. Incorporated in 1981 and headquartered in Coimbatore, Tamil Nadu, the company operates through three segments including Electricals, Plastics, and Wind Power generation; it serves industries such as textile, machine tools, utilities, electric vehicles, process industries, renewable energy, petrochemicals, agriculture, automobile, telecommunication, and healthcare. Core products and services comprise power control centers, motor control centers, automation panels, machine tool panels, textile panels, cable harnesses, automatic power factor correction panels, PLC cum VFD panels; engineering plastic components such as machinery parts, textile parts, electrical parts, and insert moldings; commercial tool room offerings including high cavitation molds, die casting dies, and over molding; drives and power supply units; smart energy meters; and electric vehicle chargers. Facilities are located in Arasur, Coimbatore, and Tirupur District. Recent developments include the shifting of Unit II to a new address, the 44th Annual General Meeting on August 25, 2025 approving a dividend of Rs 4 per share along with related-party transactions up to Rs 450 crore with Lakshmi Machine Works Ltd and Rs 100 crore with Lakshmi Precision Tools Ltd, and director appointments including Arjun Balu; Q2 FY2026 results showed revenue growth of 9.18% year-over-year to Rs 58.32 crore amid a profit decline of 76.49% due to operational challenges, with management implementing efficiency measures. As part of the Lakshmi Group, the company maintains technical collaborations such as with Sprecher & Schuh, Switzerland for low-tension switchgear, and holds certifications including ISO 9001:2015, ISO 14001:2015, and IATF 16949.