LMW

Why is LMW Ltd falling/rising?

As of 24-Aug, LMW Ltd's stock price is declining by 1.61%, despite strong long-term gains. The drop reflects short-term market dynamics rather than a fundamental issue with the company's outlook, as it remains net-debt-free and financially healthy.

As of 24-Aug, LMW Ltd's stock price is currently falling, as indicated by a change of -320.05, which represents a decline of 1.61%. This decrease occurs despite the stock's strong performance over the longer term, where it has shown significant gains, including a 30.40% increase year-to-date and a 28.90% rise over the past year. <BR><BR>Today's performance is in line with the sector, but there are signs of falling investor participation, as evidenced by a decrease in delivery volume by 6.73% compared to the 5-day average. Additionally, while the stock is trading above its moving averages, the proximity to its 52-week high of Rs 20,149.95 suggests that it may be experiencing some profit-taking or market correction after a strong upward trend.<BR><BR>Despite these short-term fluctuations, LMW Ltd remains a net-debt-free company with positive financial results, including substantial growth in profit before tax and profit after tax in the latest quarter. However, the current decline in stock price reflects immediate market dynamics rather than a fundamental deterioration in the company's long-term outlook.

Which are the latest news on LMW?

Who are in the management team of LMW?

The management team of LMW includes Sanjay Jayavarthanavelu (Chairman & Managing Director), S Pathy (Director), and several independent directors such as Aditya Himatsingka and Mukund Govind Rajan, among others, totaling 11 key members with diverse expertise.

The management team of LMW includes the following individuals:<BR><BR>1. **Sanjay Jayavarthanavelu** - Chairman & Managing Director<BR>2. **S Pathy** - Director<BR>3. **Aditya Himatsingka** - Independent Director<BR>4. **Mukund Govind Rajan** - Independent Director<BR>5. **Chitra Venkataraman** - Independent Director<BR>6. **Arun Alagappan** - Independent Director<BR>7. **C R Shiv Kumaran** - Company Secretary & Compliance Officer<BR>8. **T C Suseel Kumar** - Nominee (LIC)<BR>9. **Aroon Raman** - Independent Director<BR>10. **Jaidev Jayavarthanavelu** - Director<BR>11. **M. Sankar** - Whole Time Director<BR><BR>This team brings a diverse range of expertise and leadership to the company.

What does LMW do?

LMW Ltd is a small-cap global manufacturer of textile machinery, established in 1962, with recent quarterly net sales of 861 Cr and a net profit of 56 Cr as of June 2026. The company has a market cap of INR 19,084 Cr and key financial metrics include a P/E ratio of 109.00 and a dividend yield of 0.20%.

Overview:<BR>LMW Ltd is a global manufacturer specializing in the production of a comprehensive range of textile machinery within the industrial manufacturing sector, categorized as a small-cap company.<BR><BR>History:<BR>LMW Ltd was incorporated on 14 September 1962, initially aimed at providing the Indian Textile Mills with advanced spinning technology. The company underwent a name change from Lakshmi Machine Works Limited to LMW Limited on 25 September 2024. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 861 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 56 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 19,084 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 109.00 <BR>Industry P/E: 57 <BR>Dividend Yield: 0.20% <BR>Debt-Equity: -0.56 <BR>Return on Equity: 4.80% <BR>Price to Book: 6.56 <BR><BR>Contact Details:<BR>Address: Perianaickenpalayam, SRK Vidyalaya Post Coimbatore Tamil Nadu : 641020 <BR>Tel: 91-422-3022255/2692371-72 <BR>Email: secretarial@lmw.co.in <BR>Website: http://www.lmwglobal.com

Who are the peers of the LMW?

LMW's peers include Honeywell Auto, Syrma SGS Tech, Kaynes Tech, Jyoti CNC Auto, Lloyds Engineeri, Tega Inds, Titagarh Rail, and Jupiter Wagons. Syrma SGS Tech shows the highest growth and return, while LMW has average management risk and a 1-year return of 25.87%.

Peers: The peers of LMW are Honeywell Auto, Syrma SGS Tech., Kaynes Tech, Jyoti CNC Auto., Lloyds Engineeri, Tega Inds., Titagarh Rail, and Jupiter Wagons.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, Tega Inds., Titagarh Rail, and Jupiter Wagons, while Average management risk is found at Syrma SGS Tech., Kaynes Tech, LMW, Lloyds Engineeri, and Jyoti CNC Auto. Below Average growth is seen in LMW, Honeywell Auto, and Jyoti CNC Auto., while Excellent growth is noted at Syrma SGS Tech. and Kaynes Tech, with the rest showing Average or Below Average growth. Excellent capital structure is attributed to Honeywell Auto, LMW, Lloyds Engineeri, and Tega Inds., while Good capital structure is found at Syrma SGS Tech. and Kaynes Tech, and Average capital structure is seen in Titagarh Rail and Jupiter Wagons.<BR><BR>Return Snapshot: Syrma SGS Tech. has the highest 1-year return at 110.58%, while Kaynes Tech has the lowest at -38.18%. LMW's 1-year return is 25.87%, which is significantly higher than Kaynes Tech but lower than Syrma SGS Tech. Additionally, Kaynes Tech and Jupiter Wagons have negative six-month returns.

How big is LMW?

As of 14th August, LMW Ltd has a market capitalization of 20,046.65 Cr, with net sales of 3,374.00 Cr and a net profit of 174.79 Cr reported for the latest four quarters. Shareholder's funds are 2,866.52 Cr, and total assets are 4,262.03 Cr as of March 2026.

As of 14th August, LMW Ltd has a market capitalization of 20,046.65 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, LMW Ltd reported net sales of 3,374.00 Cr and a net profit of 174.79 Cr.<BR><BR>For the latest annual period ending in March 2026, LMW Ltd's shareholder's funds amounted to 2,866.52 Cr, while total assets were reported at 4,262.03 Cr.

Are LMW Ltd latest results good or bad?

LMW Ltd's latest results show strong year-on-year net profit growth of 384.05% and a 24.00% revenue increase, indicating recovery; however, sequential declines in both profit and revenue, along with reliance on non-operating income, suggest caution is needed when evaluating the company's performance.

LMW Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year net profit growth of 384.05%, reaching ₹55.52 crores, which is impressive and indicates a strong recovery from the previous year. Additionally, revenue increased by 24.00% year-on-year to ₹860.72 crores, suggesting healthy demand in the textile machinery sector.<BR><BR>However, there are some concerning aspects. The sequential decline in both net profit and revenue—down 12.83% and 7.76% respectively from the previous quarter—indicates potential volatility in performance. The operating margin, while improved to 7.39% from a low of 1.98% a year ago, has also seen a slight decline from 7.48% in the previous quarter.<BR><BR>Moreover, LMW's heavy reliance on non-operating income, which constituted over half of its profit before tax, raises questions about the sustainability of its core operational profitability. The company's return on equity (ROE) of 9.74% is below industry standards, reflecting challenges in capital efficiency.<BR><BR>In summary, while the year-on-year growth figures are strong, the quarterly declines and reliance on non-operating income suggest that caution is warranted. Investors should weigh these factors carefully when assessing the company's performance.

Should I buy, sell or hold LMW Ltd?

When is the next results date for LMW Ltd?

The next results date for LMW Ltd is 20 May 2026.

The next results date for LMW Ltd is scheduled for 20 May 2026.

Is LMW technically bullish or bearish?

As of November 7, 2025, the trend for LMW has shifted to mildly bearish, with daily moving averages and monthly Bollinger Bands indicating weakness, despite some mildly bullish signals from the weekly MACD and KST.

As of 7 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly Bollinger Bands showing bearish signals. While the weekly MACD and KST are mildly bullish, the overall monthly indicators, including the MACD and moving averages, suggest weakness. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum. Overall, the mixed signals across different time frames reflect a cautious outlook for LMW.

How has been the historical performance of LMW?

LMW's historical performance shows significant declines in net sales, operating income, and profits from Mar'24 to Mar'25, with net sales dropping to 3,012.01 Cr from 4,695.86 Cr. Despite these declines, total assets remained stable, and cash and cash equivalents increased, indicating improved liquidity.

Answer:<BR>The historical performance of LMW shows significant fluctuations in key financial metrics over the past several years.<BR><BR>Breakdown:<BR>LMW's net sales decreased from 4,695.86 Cr in Mar'24 to 3,012.01 Cr in Mar'25, following a trend of high sales in the previous years, with a peak in Mar'23 at 4,719.15 Cr. Total operating income mirrored this decline, dropping to 3,012.01 Cr in Mar'25 from 4,695.86 Cr in Mar'24. The raw material cost also decreased significantly from 2,945.41 Cr in Mar'24 to 1,808.71 Cr in Mar'25, contributing to a total expenditure decline to 2,872.79 Cr in Mar'25 from 4,260.88 Cr in Mar'24. Operating profit (PBDIT) fell to 263.89 Cr in Mar'25 from 578.50 Cr in Mar'24, with a corresponding decrease in profit before tax to 151.29 Cr from 482.16 Cr. Profit after tax also saw a decline to 102.61 Cr in Mar'25 compared to 373.66 Cr in Mar'24. Despite these declines, the company's total assets remained relatively stable at 4,007.89 Cr in Mar'25, down slightly from 4,031.42 Cr in Mar'24. Cash flow from operating activities decreased to 29.00 Cr in Mar'25 from 140.00 Cr in Mar'24, while cash and cash equivalents increased to 139.00 Cr in Mar'25 from 118.00 Cr in Mar'24, indicating a slight improvement in liquidity despite the overall decline in profitability.

Is LMW overvalued or undervalued?

As of September 23, 2024, LMW is considered very expensive and overvalued with a PE ratio of 169.04, significantly higher than its peers, and has underperformed the Sensex with a year-to-date return of -6.96%.

As of 23 September 2024, the valuation grade for LMW has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued, with a PE ratio of 169.04, an EV to EBITDA ratio of 112.29, and a Price to Book Value of 6.24. These figures starkly contrast with peers such as Bajaj Steel Industries, which has a PE ratio of 23.88 and a fair valuation, and Integra Engineering, also very expensive with a PE of 38.94.<BR><BR>In comparison to its peers, LMW's financial metrics suggest a substantial premium that does not align with its returns, as evidenced by a ROE of only 3.69% and a ROCE of 2.50%. The company's recent stock performance has lagged behind the Sensex, particularly year-to-date, where it has returned -6.96% compared to the Sensex's 5.65%. Overall, the data strongly supports the conclusion that LMW is overvalued in its current market position.

Who are the top shareholders of the LMW?

The top shareholders of LMW include Lakshmi Cargo Company Ltd with 10.08%, individual investors with 26.79%, and notable public shareholder Nemish S Shah at 5.43%. Additionally, 12 mutual fund schemes hold 2.8%, and 96 foreign institutional investors have a combined stake of 5.91%, with no pledged promoter holdings reported.

The top shareholders of LMW include Lakshmi Cargo Company Ltd, which holds the highest promoter stake at 10.08%. Additionally, individual investors collectively own 26.79% of the company. Among public shareholders, Nemish S Shah is notable with a holding of 5.43%. The company also has 12 mutual fund schemes holding a total of 2.8% and 96 foreign institutional investors (FIIs) with a combined stake of 5.91%. There are no pledged promoter holdings reported.

Has LMW declared dividend?

Yes, LMW Ltd has declared a 750% dividend, amounting to ₹75 per share, with an ex-date of July 24, 2024. The company has shown strong total returns over various periods, particularly in the long term, despite some short-term fluctuations.

LMW Ltd has declared a 750% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 750%<BR>- Amount per share: 75<BR>- Ex-date: 24 Jul 24<BR><BR>Dividend Yield: 0.45%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -2.55%, with no dividend return, resulting in a total return of -2.55%.<BR><BR>Over the past year, the price return was 1.04%, with a dividend return of 0.47%, leading to a total return of 1.51%.<BR><BR>In the 2-year period, the price return was 40.49%, the dividend return was 1.35%, culminating in a total return of 41.84%.<BR><BR>For the 3-year period, the price return was 75.85%, with a dividend return of 2.53%, resulting in a total return of 78.38%.<BR><BR>In the last 4 years, the price return was 138.78%, the dividend return was 3.42%, leading to a total return of 142.2%.<BR><BR>Over the past 5 years, the price return was 493.62%, with a dividend return of 8.26%, resulting in a total return of 501.88%.<BR><BR>Overall, LMW Ltd has declared a significant dividend, and the total returns over various periods indicate strong growth, particularly in the longer term, despite some fluctuations in the short term.