LMW Limited

NSE: LMW · Industrial Products · sector

₹16,168.00NSE close 2026-10-26

Key numbers

Market cap₹17,267 cr

Price₹16,168.00

52w high / low₹20,151 / ₹11,920

P/E84.2xSector median 24.2x

P/B5.7xSector median 2.8x

Book value₹2,846.1

Dividend yield0.19%Sector median 0.50%

ROE7.0%Sector median 11.5%

ROCE9.3%Sector median 13.4%

OPM7.1%Sector median 10.3%

Debt / equity0.00xSector median 0.17x

EV/EBITDA59.1xSector median 16.7x

Interest cover–

Current ratio2.02x

Sales growth 3y-12.1%Sector median +10.2%

Profit growth 3y-30.2%Sector median +12.8%

PEG–

Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1,603 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
No promoter shares are pledged.
Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY24, FY23).
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 68% of net profit in the last 12 months.
Debtor days went from 10 (FY24) to 32 (FY26).
Dividend paid in 5 of the last 5 financial years.
Price ₹16,168.00 on 2026-10-26: -19.8% from the 52-week high, +35.6% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹19,665.00 · low ₹12,426.00

Quarterly results

₹ cr	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	766	804	694	822	758	933	861	1,132
EBITDA	36	58	12	44	30	69	61	102
OPM %	4.7%	7.2%	1.8%	5.4%	4.0%	7.4%	7.1%	9.0%
Other income	33	33	37	41	30	39	41	31
Net profit	19	48	11	41	15	64	56	71
EPS (₹)	18.06	44.76	10.74	38.30	13.72	59.61	51.97	66.68
Revenue YoY					-1.1%	+16.1%	+24.0%	+37.7%
Profit YoY					-24.0%	+33.2%	+384.0%	+74.1%

Consolidated figures where filed. Latest quarter Sep 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	3,171	4,719	4,696	3,012	3,207	3,684
EBITDA	230	449	435	139	156	263
Net profit	181	384	374	103	131	205
EPS (₹)	169.47	359.47	349.77	96.05	122.37	191.98
Revenue growth		+48.8%	-0.5%	-35.9%	+6.5%	+19.4%
Profit growth		+112.1%	-2.7%	-72.5%	+27.4%	+71.6%
Dividend / share (₹)	10.00	40.00	98.50	75.00	30.00

Compounded growth	3 years	5 years	Last 12 months
Sales	-12.1%	+13.2%	+19.4%
Net profit	-30.2%	+24.0%	+71.6%
EPS	-30.2%	+24.0%	–
Share price	–	-1.8% (2y)	+3.3%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	2,339	2,704	2,777	2,867
Borrowings	–	0	0	0	0
Cash & equivalents	–	1,087	1,305	1,712	1,603
Total assets	–	4,090	4,031	4,008	4,262
Fixed assets	–	887	958	971	932
Capital work in progress	–	24	9	4	1
Investments	–	183	291	343	367
Receivables	–	233	130	177	280
Inventory	–	702	620	571	575
Payables	–	668	530	522	621

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	485	364	141	29	177
Cash from investing	-448	-242	-74	73	110
Cash from financing	-11	-43	-105	-80	-32
Capex	76	278	151	130	74
Free cash flow	409	86	-11	-101	104

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	16.4%	13.8%	3.7%	4.6%
ROCE %	–	22.2%	17.8%	5.4%	6.3%
Debtor days	–	18	10	21	32
Inventory days	–	85	76	113	106
Payable days	–	81	65	103	114
Cash conversion cycle (days)	–	22	21	31	24
Working capital days	–	68	94	198	171

Shareholding

Holder	% (2026-09-30)
Promoters	30.80%
FIIs	5.41%
DIIs	9.50%
of which Mutual funds	2.62%
of which Insurance	6.80%
Public (non-institutions)	54.29%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	31.13%	31.13%	30.80%	30.80%	30.80%	30.80%	30.80%	30.80%

Promoter group	%
Lakshmi Cargo Company Ltd	10.08%
Lakshmi Technology And Engineering Industriesltd	6.52%
The Lakshmi Mills Company Limited	4.54%
Lakshmi Ring Travellers (Coimbatore) Private Limited	2.36%
Super Sales India Limited	2.15%
Sanjay Jayavarthanavelu	1.33%
Eshaan Enterprises Limited	1.19%
J Rajyalakshmi	0.92%
Lakshmi Electrical Control Systems Limited	0.83%
Uttara R	0.41%
Lakshmi Electrical Drives Private Limited	0.16%
Lakshmi Precision Technologies Limited	0.14%
Shivali Jayavarthanavelu	0.07%
Ravi Sam	0.05%
S Pathy	0.01%

Public holders above 1%	%
Voltas Limited	5.43%
Nemish S Shah	5.24%
Gagandeep Credit Capital Pvt Ltd	4.64%
Lici Asm Non Par	3.44%
Nemish S Shah	3.32%
The New India Assurance Company Limited	3.08%
Shamyak Investment Private Limited	2.62%
Samyaktva Construction Llp	1.87%
Rekha N Shah	1.47%
Claricent Advisory Services Llp	1.37%
Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund	1.28%

30,857 shareholders. Pledged: 0.00% of promoter shares.

Peers in Industrial Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
INDOMIM	₹52,085 cr	–	–	–	–	–	–	–
CPPLUS	₹45,577 cr	94.7x	24.3x	25.5%	33.3%	14.5%	–	0.04%
SYRMA	₹28,803 cr	77.7x	10.1x	17.4%	17.6%	11.1%	+33.0%	0.10%
HONAUT	₹27,500 cr	50.1x	6.2x	13.0%	16.9%	13.3%	+10.7%	0.34%
KAYNES	₹22,167 cr	64.0x	4.7x	9.1%	11.1%	15.5%	+47.7%	–
JYOTICNC	₹20,523 cr	63.8x	10.3x	17.4%	18.5%	24.4%	–	–
LMW	₹17,267 cr	84.2x	5.7x	7.0%	9.3%	7.1%	-12.1%	0.19%
TEGA	₹12,752 cr	447.9x	3.7x	0.9%	4.5%	7.5%	+11.7%	0.11%
LLOYDSENGG	₹12,248 cr	48.1x	7.3x	14.1%	15.1%	14.2%	+60.9%	0.27%
DYNAMATECH	₹8,303 cr	195.7x	10.5x	5.6%	9.1%	10.3%	+7.2%	0.04%

All 152 companies in Industrial Products →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Textile Machinery Division	₹1,933 cr	57.8%	₹-16 cr	-0.8%
Machine Tool & Foundry Division	₹1,205 cr	36.0%	₹97 cr	8.1%
Advanced Technology Centre	₹207 cr	6.2%	₹29 cr	13.9%

Dividends & corporate actions

Ex-date	Action	Detail
2026-07-17	Dividend	Dividend - Rs 35 Per Share
2025-07-10	Dividend	Dividend - Rs 30 Per Share
2024-07-24	Dividend	Annual General Meeting/Dividend - Rs 75 Per Share
2023-07-24	Dividend	Annual General Meeting/Dividend - Rs 98.50 Per Share
2022-07-15	Dividend	Annual General Meeting/Dividend - Rs 40 Per Share
2021-07-13	Dividend	Annual General Meeting/Dividend - Rs 10 Per Share
2020-07-16	Dividend	Annual General Meeting/Dividend - Rs 10 Per Share
2019-07-12	Dividend	Annual General Meeting/Dividend Rs 35 Per Share
2018-07-13	Dividend	Annual General Meeting/Dividend- Rs 40 Per Share
2017-07-28	Dividend	Annual General Meeting/Dividend - Rs 35/- Per Share
2016-11-07	Buyback	Buy Back
2016-07-27	Dividend	Dividend Rs 40/- Per Share
2015-07-31	Dividend	Annual General Meeting/ Dividend - Rs.37.50/- Per Share
2014-07-30	Dividend	Annual General Meeting / Dividend - Rs 30/- Per Share
2013-07-30	Dividend	Annual General Meeting/Dividend Rs 20/- Per Share
2012-07-30	Dividend	Annual General Meeting/Dividend - Final Rs 25 + Special Rs 25 Per Share
2011-07-29	Dividend	Dividend-Rs.30/- Per Share
2010-07-14	Dividend	Dividend-Rs.15/- Per Share
2009-07-14	Other	Agm/Div-Rs.15/- Per Share
2008-07-14	Dividend	Agm/Dividend-250%

Documents

Links go to the original files on the exchange website.

About the company

Textile Machinery: Manufacturing
CNC Machine Tools: Manufacturing


Sector	Industrials
Industry	Industrial Products
Sub-industry	Industrial Products
Symbol	LMW
BSE code	500252
ISIN	INE269B01029
Face value	₹10.0
Incorporated	1962-09-14
Website	www.lmwglobal.com
Plants (India / abroad)	10 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.