LMW Ltd
NSE: LMW BSE: 500252Textile
Lakshmi Machine Works Ltd is a leading Textile Machinery Manufacturer in India engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings, and parts and components catering to diverse sectors.[1]
₹14,642
52W: ₹11729 — ₹17886
PE 99.4 · Book ₹2744 · +434% vs bookMarket Cap₹15,642 Cr
Stock P/E99.4Price to Earnings
ROCE4.58%Return on Capital
ROE3.8%Return on Equity
Div. Yield0.22%Face Value ₹10
Strengths
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 21.7%
Weaknesses
- −Stock is trading at 5.21 times its book value
- −Company has a low return on equity of 10.5% over last 3 years.
- −Earnings include an other income of Rs.125 Cr.
Shareholding Pattern
Promoters30.8%
FIIs5.54%
DIIs9.55%
Public54.09%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 31.13% | 31.13% | 31.13% | 31.13% | 30.8%▼0.3 | 30.8% | 30.8% | 30.8% |
| FIIs | 5.48% | 5.49%▲0.0 | 5.63%▲0.1 | 5.91%▲0.3 | 5.81%▼0.1 | 5.53%▼0.3 | 5.47%▼0.1 | 5.54%▲0.1 |
| DIIs | 10.9% | 10.63%▼0.3 | 10.16%▼0.5 | 9.63%▼0.5 | 9.85%▲0.2 | 9.78%▼0.1 | 9.77%▼0.0 | 9.55%▼0.2 |
| Public | 52.49% | 52.75%▲0.3 | 53.06%▲0.3 | 53.32%▲0.3 | 53.52%▲0.2 | 53.87%▲0.3 | 53.95%▲0.1 | 54.09%▲0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,305 | 1,166 | 952 | 659 | 751 | 711 | 789 | 685 | 776 | 767 |
| Expenses | 1,168 | 1,052 | 880 | 646 | 715 | 678 | 732 | 660 | 728 | 710 |
| Operating Profit | 137 | 114 | 72 | 13 | 35 | 33 | 57 | 26 | 49 | 57 |
| OPM % | 10% | 10% | 8% | 2% | 5% | 5% | 7% | 4% | 6% | 7% |
| Net Profit | 116 | 97 | 65 | 12 | 29 | 148 | 49 | 24 | 45 | 30 |
| EPS ₹ | 108.93 | 90.46 | 60.98 | 11.69 | 26.91 | 138.43 | 45.98 | 22.91 | 42.25 | 28.03 |
AI Insights
Revenue Trend
TTM revenue at ₹3,017Cr, up 3.7% YoY. OPM at 6%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Capex Cycle
CWIP at ₹10Cr (1% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 9.55% (-1.41pp change). FIIs: 5.54% (+0.50pp change). Promoters hold 30.8%.
Margin & Efficiency
ROCE declining from 24% (Mar 2014) to 5% (Mar 2025). Working capital days: -10.
Valuation
PE 99.4x with 4.58% ROCE. Price is 434% above book value of ₹2,744. Dividend yield: 0.22%.
Recent Announcements
- Announcement Under Regulation 30 (LODR)-Newspaper Publication 2d - We enclose herewith the copies of the newspaper advertisement published by the Company regarding the transfer of Equity Shares of the Company to IEPF.
- Intimation To The Shareholders Regarding Transfer Of Equity Shares In Respect Of Which Dividend Has Not Been Claimed For Seven Consecutive Years To The Investor Education And Protection Fund ('IEPF') 14 May - LMW notifies shareholders of unclaimed 2018-19 dividend; shares transfer to IEPF if unclaimed by 28 August 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 May - LMW to host virtual analyst/investor meet on 21 May 2026 at 4:00 PM.
- Corporate Action-Board to consider Dividend 4 May - Board meeting on 20 May 2026 to consider and recommend FY2025-26 dividend.
- Board Meeting Intimation for Consideration Of Audited Financial Results Of The Company For The Quarter And Period Ended 31St March 2026. 4 May - Board meets on 20 May 2026 to approve audited results for quarter and year ended 31 March 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse