LMW logo

LMW

LMW NSE

Key Fundamentals

SmallcapIndustrial ProductsCapital Goods
Market Cap
₹18,473 Cr
Volatility
Moderate
P/E Ratio
108.35
EBITDA
₹315 Cr
Return on Equity
4.56%
Debt to Equity
0
Book Value
₹2,683.26
EPS
₹272.28
52W High
₹20,151
52W Low
₹11,920

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

2
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 27.1%

Weaknesses

3
  • Stock is trading at 6.61 times its book value
  • Company has a low return on equity of 7.02% over last 3 years.
  • Earnings include an other income of Rs.136 Cr.

Growth Rate

Revenue Growth
6.91% higher than 3Y
Net Income Growth
27.39% higher than 3Y
Cash Flow Change
511% higher than 3Y
ROE
23.58% higher than 3Y
ROCE
16.07% higher than 3Y
EBITDA Margin (Avg.)
11.77% higher than 3Y

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 2h ago
AI opinion · based on fundamentals
Risk high

LMW Ltd is a nearly debt-free capital goods company with a market cap of Rs.18,473 Cr, trading at a PE of 107.6x and a PB of 6.56x. TTM sales growth has recovered to 11% and TTM profit growth stands at 76%, but the 3-year compounded profit CAGR remains at -32% and 3-year ROE averages only 7%, indicating an uneven earnings trajectory.

Bull Case 8
  • Company is almost debt free, providing significant financial flexibility and insulation from rising interest rate cycles
  • TTM profit growth of 76% signals a sharp earnings recovery from a depressed base
  • 5-year compounded sales CAGR of 13% demonstrates the ability to grow revenue over a full business cycle
  • 5-year compounded profit CAGR of 16% shows the company can deliver double-digit earnings growth over medium-term horizons
  • Healthy dividend payout ratio of 27.1% reflects management's commitment to returning capital to shareholders despite cyclicality
  • 10-year stock price CAGR of 15% indicates sustained long-term wealth creation for shareholders
  • TTM sales growth of 11% suggests the current revenue cycle is on an upswing after the 3-year CAGR of -12%
  • 5-year ROE average of 9% is reasonable for a capital goods company operating through a downcycle
Bear Case 8
  • PE of 107.6x is extremely elevated, pricing in significant future growth that may not materialize given the cyclical earnings history
  • 3-year compounded profit CAGR of -32% highlights severe earnings deterioration over the recent medium term
  • Last year ROE of just 4% is well below cost of equity, indicating poor capital efficiency in the most recent period
  • Earnings include other income of Rs.136 Cr, meaning core operating profit quality may be weaker than headline numbers suggest
  • PB ratio of 6.56x is rich, especially for a company with a 3-year average ROE of only 7%
  • 10-year compounded sales CAGR of just 1% reflects near-stagnant top-line growth over a full decade
  • 10-year compounded profit CAGR of -7% means the company has actually destroyed earnings value over a decade
  • Dividend yield of 0.2% offers negligible income support at current valuations

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 2h ago
Neutral 2
  • MoA amendment approved overwhelmingly Sep 11

    Shareholders approved the Objects Clause amendment with 96.56% assent via remote e-voting. 269 of 30,577 eligible members voted, representing 73,77,406 shares, with only 3.44% dissent.

  • NSE independent ESG rating received Sep 3

    LMW received an independent ESG rating from NSE Sustainability Ratings & Analytics on September 3, based on public domain information.

TL;DR: A quiet period for LMW with only routine corporate governance and ESG-related developments. The MoA amendment passed with strong shareholder support at 96.56%, signaling no internal discord. The NSE ESG rating adds to transparency but has no immediate financial impact. With no material headwinds or catalysts, the near-term outlook hinges on broader capital goods sector trends and upcoming operational updates.

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1,191
1,320
1,214
971
673
769
766
804
694
822
758
933
861
Expenses
1,082
1,184
1,097
897
660
737
731
746
680
778
717
863
797
Operating Profit
109
136
117
74
13
32
36
58
14
44
42
70
64
OPM %
9%
10%
10%
8%
2%
4.2%
4.7%
7%
2%
5%
5%
7%
7%
Other Income
36
35
32
40
29
30
33
33
35
41
18
38
39
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation
23
24
23
27
26
28
29
29
30
30
30
30
30
PBT
122
147
125
87
16
34
40
61
20
55
30
78
72
Tax %
23%
22%
21%
24%
32%
28%
52%
22%
41%
25%
50%
18%
23%
Net Profit
94
115
99
66
11
24
19
48
11
41
15
64
56
EPS in Rs
87.8
108
92.46
61.76
10.32
22.9
18.07
44.76
10.74
38.3
13.72
59.62
51.97
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
2,488
2,863
2,499
2,643
2,712
1,574
1,727
3,171
4,719
4,696
3,012
3,207
3,374
Expenses
2,177
2,525
2,240
2,367
2,438
1,563
1,657
2,924
4,269
4,261
2,870
3,038
3,155
Operating Profit
311
338
259
276
274
11
71
247
450
435
142
170
219
OPM %
12%
12%
10%
10%
10%
0.7%
4.1%
8%
10%
9%
4.7%
5%
6%
Other Income
91
88
84
103
65
92
56
51
147
143
122
132
136
Interest
1
1
0
1
1
1
0
0
0
0
0
0
0
Depreciation
100
88
80
76
55
55
56
60
78
96
113
120
121
PBT
301
337
262
302
283
47
71
238
519
482
151
182
234
Tax %
27%
33%
29%
29%
34%
41%
37%
24%
26%
22%
32%
28%
—
Net Profit
220
227
186
215
185
28
45
181
384
374
103
131
175
EPS in Rs
195
202
170
196
174
25.99
41.75
169
359
350
96.05
122
164
Div. Payout %
19%
20%
21%
20%
20%
38%
24%
24%
27%
21%
31%
29%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
11
11
11
11
11
11
11
11
11
11
11
11
Reserves
1,271
1,523
1,547
1,736
1,700
1,650
1,770
1,980
2,328
2,693
2,767
2,856
Borrowings
0
0
0
3
3
0
0
0
0
0
0
0
Other Liabilities
956
863
808
885
743
686
977
1,656
1,752
1,328
1,230
1,396
Total Liabilities
2,237
2,397
2,367
2,635
2,457
2,346
2,758
3,646
4,090
4,031
4,008
4,262
Fixed Assets
439
464
520
570
699
711
701
721
903
972
990
946
CWIP
6
8
6
21
12
30
11
6
24
9
4
1
Investments
64
88
61
83
124
136
286
448
508
641
701
706
Other Assets
1,729
1,838
1,780
1,961
1,621
1,470
1,760
2,471
2,654
2,409
2,312
2,610
Total Assets
2,237
2,397
2,367
2,635
2,457
2,346
2,758
3,646
4,090
4,031
4,008
4,262
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
131
81
137
211
99
74
157
485
364
141
29
177
Investing
-54
-64
68
-23
29
-70
-144
-448
-242
-74
73
110
Financing
-40
-52
-195
-44
-215
-49
-11
-11
-43
-105
-80
-32
Net Cash Flow
36
-35
9
144
-88
-45
2
26
79
-39
22
255
Free Cash Flow
15
-32
18
80
-73
-2
136
411
111
-9
-96
120
CFO/OP
71
57
88
107
64
926
278
222
94
60
33
143
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
30
30
28
34
26
25
38
37
18
10
21
32
Inventory Days
78
69
85
78
74
112
120
94
85
76
113
106
Days Payable
81
68
80
97
85
129
150
100
81
65
103
114
Cash Conversion Cycle
28
31
32
15
15
8
7
31
22
21
31
23
Working Capital Days
-15
-8
-3
-10
-5
-10
-23
-16
-16
-7
-9
-11
ROCE %
26%
24%
16%
18%
18%
2%
5%
14%
22%
18%
5%
6%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view LMW insights

60 extracted metrics + investor summaries across FY06–FY26.

Log in — free

Shareholding Pattern

Promot.30.80%Public27.20%FIIs5.45%DIIs9.51%Others27.04%As ofJun 2026

Documents

Frequently Asked Questions about LMW

What does LMW Ltd do?
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]
Where is LMW Ltd (LMW) listed?
LMW Ltd trades as LMW on the NSE and under code 500252 on the BSE.
Which sector does LMW Ltd belong to?
LMW Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the market capitalisation of LMW Ltd?
LMW Ltd has a market capitalisation of ₹18,473 Cr, which places it in the Mid Cap band.
What is the PE ratio of LMW Ltd?
LMW Ltd trades at a PE ratio of 108.35, on earnings per share of ₹272.28, against a book value of ₹2,683.26 per share.
What is the 52-week high and low of LMW Ltd?
Over the last 52 weeks LMW Ltd has traded between ₹11,920 and ₹20,151.
Does LMW Ltd pay dividends?
LMW Ltd has a dividend yield of 0.20%.
What is the Return on Equity (ROE) of LMW Ltd?
LMW Ltd reported a return on equity of 4.56%. Its debt-to-equity ratio is 0.00.

Company Information

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]

Website lakshmimach.com
Listed 1995-03-29
Face Value ₹ 10
Issued Size 1,06,83,000

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/LMW.md for LMW Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Capital Goods → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List