LMW Limited
₹15,873.60-₹791.40 (-4.7%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹15,019 Cr
- P/E
- 98.8x
- EV / EBITDA
- 25.4x
- Revenue
- ₹2,909 Cr
- Net margin
- 8.1%
- ROCE
- 16.1%
Price chart
Technical chartScreen technicals →+0.7% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -5.8%
- 3M
- -2.3%
- 6M
- +9.0%
- 1Y
- +0.7%
- 5Y
- +73.7%
52-week range
Day change -₹791.40 (-4.7%) from ₹16,665 to ₹15,874 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in LMW, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 24.0%
Concerns1
- Valuation elevated — PE of 98.8x is 71% above peer average of 57.8x
Rule-based from financial data. Not advice.
About the company
LMW Limited, together with its subsidiaries, manufactures and sells textile spinning machinery in India and internationally. The company operates through Textile Machinery Division, Machine Tool Division & Foundry Division, and Advanced Technology Centre segments. Its Textile Machinery Division segment offers textile spinning machinery.
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LMW Limited, together with its subsidiaries, manufactures and sells textile spinning machinery in India and internationally. The company operates through Textile Machinery Division, Machine Tool Division & Foundry Division, and Advanced Technology Centre segments. Its Textile Machinery Division segment offers textile spinning machinery. The Machine Tool Division & Foundry Division producing precision castings for prominent international clients, manufacturing requirements. Its Advanced Technology Centre segments design and manufactures components and sub-assemblies for the global aerospace sector. It also offers products, such as turning, milling, and turnmill. The company was formerly known as Lakshmi Machine Works Limited and changed its name to LMW Limited in September 2024. LMW Limited was incorporated in 1962 and is headquartered in Coimbatore, India.
- Sector
- Industrials
- Shares outstanding
- 1.1 Cr shares
- ISIN
- INE269B01029
- BSE code
- 500252
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹15,019 Cr
- P/E
- 98.8x
- P/B
- 5.1x
- EV / EBITDA
- 25.4x
- EV / Sales
- 3.2x
- P/S
- 3.3x
- Earnings yield
- 1.0%
- 52-week high
- ₹20,039.55
- 52-week low
- ₹11,944.70
Profitability
- Operating margin
- 9.4%
- Net margin
- 8.1%
- EBITDA margin
- 12.4%
- ROE
- 13.9%
- ROCE
- 16.1%
- ROA
- 9.3%
- Dividend payout
- 22.0%
- Tax rate
- 23.0%
- Other income, % of PBT
- 29.6%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,909 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -36.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 24.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹572 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 2.3%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -35.8%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 52.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹140 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -56.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹14.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -2.0%
Solvency and efficiency
- Current ratio
- 2.30
- Debt / Equity
- 0.00
- Debt / Assets
- 0.00
- Financial leverage
- 1.50
- CFO / Net profit
- 0.38
- Cash / Market cap
- 15.6%
- Cash per share
- ₹2,193.54
- Asset turnover
- 1.15
- Fixed asset turnover
- 4.94
- Capital intensity
- 0.20
- Debtor days
- 14 days
- Inventory turnover
- 5.29
- Cash conversion cycle
- 14 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,768 Cr |
| Sales | Operating profit | ₹141 Cr |
| Operating profit | Depreciation | ₹107 Cr |
| Operating profit | Profit before tax | ₹34 Cr |
| Other income | Profit before tax | ₹253 Cr |
| Profit before tax | Tax and other | ₹49 Cr |
| Profit before tax | Net profit | ₹238 Cr |
Revenue and net profit
Revenue fell 36.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,690 Cr | ₹47 Cr |
| FY2022 | ₹3,072 Cr | ₹180 Cr |
| FY2023 | ₹4,533 Cr | ₹350 Cr |
| FY2024 | ₹4,597 Cr | ₹371 Cr |
| FY2025 | ₹2,909 Cr | ₹238 Cr |
Cash flows
FY2025: ₹26.0 Cr from operations, ₹94.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹156 Cr | ₹12 Cr |
| FY2022 | ₹477 Cr | ₹32 Cr |
| FY2023 | ₹324 Cr | ₹79 Cr |
| FY2024 | ₹140 Cr | ₹79 Cr |
| FY2025 | ₹26 Cr | ₹94 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,909 Cr-36.7%1Y
- Net profit
- ₹238 Cr-35.8%1Y
- Cash from operations
- ₹26 Cr
- Free cash flow
- ₹94 Cr+19.0%1Y
- Revenue CAGR, 5Y
- 24.0%
- EBITDA CAGR, 5Y
- 37.6%
- Net profit CAGR, 5Y
- 52.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,909 Cr | ₹141 Cr | — | ₹238 Cr | ₹26 Cr | ₹94 Cr | 8.3% | -36.7% | -35.8% |
Monthly returns
Month-by-month returns of LMW across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹4,077 Cr |
| Equity capital | ₹11 Cr |
| Reserves | ₹2,861 Cr |
| Borrowings | ₹0 Cr |
| Other liabilities | ₹1,205 Cr |
| Assets | ₹4,077 Cr |
| Fixed assets | ₹951 Cr |
| Capital work in progress | ₹4 Cr |
| Investments | ₹901 Cr |
| Other assets | ₹2,221 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
LMW trades at 98.8x earnings against a peer median of 38.3x (a 158% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| LMW LimitedLMWthis companyP/E ↑ premium | ₹15,019 Cr | 98.8x | 5.1x | 13.9% | 25.4x |
| Great Eastern Shipping Co. Ltd.GESHIP | ₹15,799 Cr | 10.6x | 1.2x | 22.4% | 5.6x |
| BELRISE INDUSTRIES LIMITEDBELRISE | ₹15,642 Cr | 36.6x | 3.2x | 13.1% | 19.1x |
| Carborundum Universal Ltd.CARBORUNIV | ₹15,452 Cr | 44.0x | 5.7x | 15.2% | 28.3x |
| IRCON International LtdIRCON | ₹15,262 Cr | 22.0x | 2.4x | 15.0% | 10.9x |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LIMITEDSCHNEIDER | ₹15,036 Cr | 61.2x | 22.9x | 81.1% | 51.1x |
| BEML LtdBEML | ₹14,690 Cr | 48.4x | 5.3x | 10.7% | 27.7x |
| Data Patterns (India) LimitedDATAPATTNS | ₹14,502 Cr | 62.1x | 9.4x | 13.7% | 53.2x |
| Tega Industries LimitedTEGA | ₹14,107 Cr | 78.1x | 9.0x | 11.0% | 72.5x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
LMW since 1 January, against earlier years.
Historical volatility
LMW's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 4.0% |
| FY2022 | 7.0% |
| FY2023 | 9.0% |
| FY2024 | 9.0% |
| FY2025 | 5.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,909 Cr |
| Costs | |
| Interest | ₹0 Cr |
| Expenses | ₹2,769 Cr |
| Operating profitOperating Profit | ₹141 Cr |
| Other income and charges | |
| Profit before tax | ₹287 Cr |
| Tax | |
| Net profitNet Profit | ₹238 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹4,077 Cr |
| Equity capitalEquity Capital | ₹11 Cr |
| Reserves | ₹2,861 Cr |
| Borrowings | ₹0 Cr |
| Other liabilitiesOther Liabilities | ₹1,205 Cr |
| AssetsTotal Assets | ₹4,077 Cr |
| Fixed assetsFixed Assets | ₹951 Cr |
| Capital work in progressCWIP | ₹4 Cr |
| Investments | ₹901 Cr |
| Other assetsOther Assets | ₹2,221 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹26 Cr |
| Investing cash flowCash from Investing Activity | ₹68 Cr |
| Financing cash flowCash from Financing Activity | -₹80 Cr |
| Change in cashNet Cash Flow | ₹14 Cr |
Learn while you research
Academy chapters picked for LMW Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 98.8, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read