A punching machine comprising at least one punching head including a support body having a first end delimiting a peripheral shoulder, a second end, and at least two parallel seats being angularly spaced from one another and extending through said support body from said first end to said second end; a punching tool holder slibably mounted in at least one of said seats; a multiplicity of removable resilient means angularly spaced from one another, each having a first end resting on said peripheral shoulder and a second end facing away from said peripheral shoulder; an annular cap member arranged in front and spaced from said peripheral shoulder and designed to abut against said second end of said resilient means; a rotor member mounted for rotation on said annular cap member and having an inner face thereof facing towards said punching tool holder; a sliding member projecting from said inner face and arranged to slide onto said punching tool holder when said rotor member rotates; and driving means designed to stepwise drive said rotor member, whereby locating said sliding member onto a pre-selected punching tool holder.