LMW Limited

BSE: LMW500252ISIN INE269B01029

Industrials
Industrial Products
BSE 1000

BSE listing

Share price

₹17,784.75-398.05 (-2.19%)

as of 18 Sep 2026

52W high: ₹20,149.95
52W low: ₹11,729.45
Off 52W high: -11.74%
1M return: -9.48%
3M return: +6.96%
6M return: +29.87%
1Y return: +16.08%
20D avg volume: 382
50 DMA: ₹17,608.23
200 DMA: ₹15,538.90

Key ratios Consolidated

Market cap: ₹18,999 Cr
Current price: ₹17,784.75
52W high / low: ₹20,149.95 / ₹11,729.45
Face value: ₹10.00
P/E: 108.70
P/B: —
EPS (TTM): ₹163.62
Book value / share: —
ROE: —
ROCE: 5.90%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-394.71 Cr
Interest cover: —
Dividend yield: 0.20%
Dividend / share (TTM): ₹35.00
Payout: 21.39%
Cash conversion cycle: 26.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	860.72	933.16	758.24	821.88	694.14	803.63	766.43	768.99	672.96	970.65	1,214	1,320
	41.01	38.65	29.66	41.03	36.60	32.60	32.96	29.69	29.42	40.20	31.80	35.07
	827.21	893.57	746.88	807.99	709.92	774.88	759.51	764.88	686.13	923.72	1,120	1,208
	555.32	574.87	460.98	515.93	443.23	467.45	440.78	461.20	439.28	550.30	775.03	843.38
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	108.55	99.56	94.70	98.60	97.27	92.52	93.14	101.94	93.55	95.03	103.28	107.73
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	1.05	0.01
	30.06	30.20	30.29	30.16	29.53	29.21	28.84	28.14	26.41	26.57	23.34	23.64
	155.67	175.63	164.53	166.62	155.11	173.40	163.12	160.99	152.29	192.45	227.12	239.49
	74.52	78.24	41.02	54.92	20.82	61.35	39.88	33.80	16.25	87.13	125.27	147.38
	-2.41	-0.39	-11.50	0.00	-1.29	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	72.11	77.85	29.52	54.92	19.53	61.35	39.88	33.80	16.25	87.13	125.27	147.38
	16.59	14.16	14.86	14.00	8.06	13.53	20.58	9.34	5.23	21.15	26.50	32.27
	55.52	63.69	14.66	40.92	11.47	47.82	19.30	24.46	11.02	65.98	98.77	115.11
	51.97	59.61	13.72	38.30	10.74	44.76	18.06	22.90	10.31	61.76	92.46	107.75
Key metrics
	102.17	108.05	59.81	85.08	49.06	90.56	68.72	61.94	42.66	113.70	149.66	171.03
	11.90%	11.60%	7.90%	10.40%	7.10%	11.30%	9.00%	8.10%	6.30%	11.70%	12.30%	13.00%
	6.50%	6.80%	1.90%	5.00%	1.70%	6.00%	2.50%	3.20%	1.60%	6.80%	8.10%	8.70%
	—	2.50%	—	1.80%	—	2.00%	—	—	—	—	—	—
	24.00%	16.10%	-1.10%	6.90%	3.10%	-17.20%	-36.90%	-41.80%	—	—	—	—
	384.00%	33.20%	-24.00%	67.30%	4.10%	-27.50%	-80.50%	-78.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	3,374	3,207	3,012	4,696	4,719	3,171	1,727	1,574	2,712	2,643
	150.35	145.94	124.67	143.52	147.82	68.34	78.72	94.00	102.43	107.47
	3,276	3,158	2,985	4,357	4,348	2,984	1,713	1,619	2,494	2,444
	2,107	1,995	1,809	2,945	3,084	2,058	1,058	924.62	1,619	1,620
	0.00	0.00	0.00	—	—	—	—	—	—	—
	401.41	390.13	381.14	412.06	379.90	314.28	238.46	239.71	278.38	271.46
	0.00	0.00	0.00	—	—	0.09	0.08	0.60	1.17	0.77
	120.71	120.18	112.60	96.34	77.73	59.73	55.63	55.26	55.35	—
	662.45	661.90	649.80	874.79	883.30	602.43	367.29	383.37	542.44	471.34
	248.70	194.99	151.29	482.16	519.22	255.49	93.45	49.28	319.76	306.37
	-14.30	-13.18	0.00	0.00	0.00	-17.17	-22.11	-2.10	-37.17	-4.03
	234.40	181.81	151.29	482.16	519.22	238.32	71.33	47.18	282.59	302.34
	59.61	51.08	48.68	108.50	135.20	57.27	26.74	19.41	97.21	87.70
	174.79	130.73	102.61	373.66	384.02	181.05	44.60	27.77	185.38	214.64
	163.60	122.37	96.05	349.77	359.47	169.47	41.75	26.00	170.56	—
Key metrics
	355.11	301.99	263.89	578.50	596.95	298.14	127.04	103.04	339.11	303.11
	10.52%	9.40%	8.80%	12.30%	12.60%	9.40%	7.40%	6.50%	12.50%	11.50%
	5.18%	4.10%	3.40%	8.00%	8.10%	5.70%	2.60%	1.80%	6.80%	8.10%
	—	5.90%	5.00%	—	—	—	—	—	—	—
	—	6.50%	-35.90%	-0.50%	48.80%	83.60%	9.70%	-41.90%	2.60%	—
	—	27.40%	-72.50%	-2.70%	112.10%	305.90%	60.60%	-85.00%	-13.60%	—
	—	103.66	-101.08	—	—	—	—	—	—	—
	—	1.36	0.28	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	-394.71	-139.92	—	—	—	—	—	—	—
	—	26.7	27.4	—	—	—	—	—	—	—
Balance sheet
	—	4,262	4,008	—	—	—	—	—	—	—
	—	2,659	2,640	—	—	—	—	—	—	—
	—	394.71	139.92	—	—	—	—	—	—	—
	—	280.23	176.87	—	—	—	—	—	—	—
	—	575.27	571.30	—	—	—	—	—	—	—
	—	151.93	108.43	—	—	—	—	—	—	—
	—	931.82	971.37	—	—	—	—	—	—	—
	—	621.14	521.54	—	—	—	—	—	—	—
	—	1,156	1,006	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	2,867	2,777	—	—	—	—	—	—	—
Cash flow
	—	177.41	29.04	—	—	—	—	—	—	—
	—	109.63	72.84	—	—	—	—	—	—	—
	—	-32.25	-80.37	—	—	—	—	—	—	—
	—	73.75	130.12	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	853.30	853.69	766.75	776.03	685.37	788.81	710.81	750.56	659.22	951.76	1,166	1,305
	38.17	35.68	28.17	39.35	36.36	33.66	31.76	29.57	29.40	39.87	32.38	34.46
	806.46	817.57	738.62	756.24	687.91	759.80	705.74	741.93	671.06	905.33	1,076	1,191
	551.48	527.54	468.18	503.97	431.15	468.51	413.27	453.46	433.86	549.21	742.27	840.91
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	98.67	90.02	85.64	90.22	89.43	85.64	87.30	93.68	88.58	90.44	99.18	103.51
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	1.05	0.01
	28.41	28.63	28.86	28.73	28.21	27.83	27.49	26.77	25.17	25.32	22.20	22.55
	149.49	163.88	152.66	154.84	144.32	161.00	154.30	156.28	146.78	186.67	219.28	228.98
	85.01	71.80	56.30	59.14	33.82	62.67	36.83	38.20	17.56	86.30	123.14	148.64
	-2.41	-0.39	-11.50	0.00	-1.29	0.00	131.61	—	—	—	—	—
	82.60	71.41	44.80	59.14	32.53	62.67	168.44	38.20	17.56	86.30	123.14	148.64
	16.59	17.04	14.86	14.00	8.06	13.55	20.56	9.45	5.07	21.15	26.50	32.27
	66.01	54.37	29.94	45.14	24.47	49.12	147.88	28.75	12.49	65.15	96.64	116.37
	61.79	50.89	28.03	42.25	22.91	45.98	138.43	26.91	11.69	60.98	90.46	108.93
Key metrics
	111.01	100.04	73.66	87.87	60.74	90.50	195.93	64.97	42.73	111.62	146.39	171.20
	13.00%	11.70%	9.60%	11.30%	8.90%	11.50%	27.60%	8.70%	6.50%	11.70%	12.60%	13.10%
	7.70%	6.40%	3.90%	5.80%	3.60%	6.20%	20.80%	3.80%	1.90%	6.80%	8.30%	8.90%
	—	2.20%	—	1.90%	—	2.00%	—	—	—	—	—	—
	24.50%	8.20%	7.90%	3.40%	4.00%	-17.10%	-39.10%	-42.50%	—	—	—	—
	169.80%	10.70%	-79.80%	57.00%	95.90%	-24.60%	53.00%	-75.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	3,250	3,082	2,909	4,597	4,533	3,072	1,690	1,570	2,636	2,559
	141.37	139.56	124.39	141.80	156.03	81.01	79.20	93.63	106.08	108.38
	3,119	3,000	2,879	4,259	4,204	2,898	1,673	1,597	2,418	2,364
	2,051	1,931	1,769	2,905	2,974	2,014	1,041	925.13	1,584	1,566
	0.00	0.00	0.00	—	—	—	—	—	—	—
	364.55	355.31	355.20	394.99	365.94	303.33	229.84	230.64	266.21	259.80
	0.00	0.00	0.00	—	—	0.09	0.08	0.42	0.99	0.66
	114.63	114.43	107.26	91.74	73.43	55.82	51.56	50.26	49.83	70.80
	620.87	615.70	618.36	837.71	847.44	575.81	354.63	377.88	532.06	459.58
	272.25	221.06	155.26	479.88	485.41	254.12	96.31	66.50	323.67	303.15
	-14.30	-13.18	131.61	—	—	-17.17	-22.11	-2.10	-37.17	-4.03
	257.95	207.88	286.87	479.88	485.41	236.95	74.20	64.41	286.50	299.12
	62.49	53.96	48.63	108.50	135.20	57.27	26.74	19.41	97.22	87.70
	195.46	153.92	238.24	371.38	350.22	179.68	47.46	45.00	189.28	211.42
	182.96	144.08	223.01	347.64	327.82	168.19	44.43	42.12	174.15	—
Key metrics
	372.58	322.31	394.13	571.62	558.84	292.86	125.84	115.09	337.32	370.58
	11.46%	10.50%	13.50%	12.40%	12.30%	9.50%	7.40%	7.30%	12.80%	14.50%
	6.01%	5.00%	8.20%	8.10%	7.70%	5.80%	2.80%	2.90%	7.20%	8.30%
	—	6.50%	9.30%	—	—	—	—	—	—	—
	—	5.90%	-36.70%	1.40%	47.60%	81.80%	7.60%	-40.40%	3.00%	—
	—	-35.40%	-35.90%	6.00%	94.90%	278.60%	5.50%	-76.20%	-10.50%	—
	—	84.61	-100.97	—	—	—	—	—	—	—
	—	1.00	0.11	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	-136.74	-77.95	—	—	—	—	—	—	—
	—	22.8	22.2	—	—	—	—	—	—	—
Balance sheet
	—	4,274	4,077	—	—	—	—	—	—	—
	—	2,340	2,549	—	—	—	—	—	—	—
	—	136.74	77.95	—	—	—	—	—	—	—
	—	278.97	194.93	—	—	—	—	—	—	—
	—	535.28	527.88	—	—	—	—	—	—	—
	—	133.39	104.67	—	—	—	—	—	—	—
	—	893.71	932.29	—	—	—	—	—	—	—
	—	621.50	545.71	—	—	—	—	—	—	—
	—	1,061	980.48	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	2,971	2,872	—	—	—	—	—	—	—
Cash flow
	—	153.58	26.25	—	—	—	—	—	—	—
	—	-62.54	67.96	—	—	—	—	—	—	—
	—	-32.25	-80.37	—	—	—	—	—	—	—
	—	68.97	127.22	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -12.07%
Sales CAGR 5Y: +12.77%
Sales CAGR 10Y: —
Profit CAGR 3Y: -23.97%
Profit CAGR 5Y: +26.53%
Profit CAGR 10Y: —
Sales YoY (TTM): +10.70%
Profit YoY (TTM): -21.88%

Consolidated

Sales CAGR 3Y: -12.08%
Sales CAGR 5Y: +13.18%
Sales CAGR 10Y: —
Profit CAGR 3Y: -30.18%
Profit CAGR 5Y: +24.00%
Profit CAGR 10Y: —
Sales YoY (TTM): +11.24%
Profit YoY (TTM): +69.62%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 30.77%

Holder	Type	Holding	Previous	Change
Lakshmi Cargo Company Ltd	Promoter Group	10.08%	—	—
Nemish S Shah	Public	8.56%	—	—
Lakshmi Technology And Engineering Industriesltd	Promoter Group	6.52%	—	—
Voltas Limited	Public	5.43%	—	—
GAGANDEEP CREDIT CAPITAL PVT LTD	Public	4.64%	—	—
The Lakshmi Mills Company Limited	Promoter Group	4.54%	—	—
Lici Asm Non Par	Public	3.44%	—	—
The New India Assurance Company Limited	Public	3.08%	—	—
Shamyak Investment Private Limited	Public	2.62%	—	—
Lakshmi Ring Travellers (Coimbatore) Private Limited	Promoter Group	2.36%	—	—
Super Sales India Limited	Promoter Group	2.15%	—	—
Samyaktva Construction Llp	Public	1.87%	—	—
Rekha N Shah	Public	1.47%	—	—
CLARICENT ADVISORY SERVICES LLP	Public	1.37%	—	—
Sanjay Jayavarthanavelu	Promoter	1.33%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Declaration of results of the voting on the resolution set out in the Postal Ballot Notice dated 24th July 2026 and Scrutinizer''s Report.11 Sep 2026 · AGM/EGM / Postal Ballot
Declaration of results of the voting on the resolution set out in the Postal Ballot Notice dated 24th July 2026.11 Sep 2026 · AGM/EGM / Postal Ballot
Intimation of ESG Rating under Regulation 30 of SEBI(LODR) Regulations, 2015.3 Sep 2026 · Company Update / General
Intimation under Regulation 30 of SEBI(LODR) Regulations, 2015- Change of name of Wholly Owned Subsidiary Company.29 Aug 2026 · Company Update / General
We enclose copies of the newspaper advertisements for the Postal Ballot/ Electronic Voting(e-voting) published on 12th August 2026 in Business Line(English) and Hindu Tamil (Tamil).12 Aug 2026 · Company Update / Newspaper Publication
Intimation of Postal Ballot Notice submission.11 Aug 2026 · AGM/EGM / Postal Ballot
Intimation of Credit Rating under Regulation 30 of SEBI(LODR) Regulations, 2015.7 Aug 2026 · Company Update / Credit Rating
Disclosure under Regulation 30 of SEBI(LODR) Regulations, 2015-Newspaper Advertisement Copies.7 Aug 2026 · Company Update / Newspaper Publication
Intimation under Regulation 30 of SEBI(LODR) Regulations, 2015-Change in Senior Management Personnel.31 Jul 2026 · Company Update / Change in Management
Please find attached the Transcript of the Analyst/ Investor meeting held on 27th July 2026.31 Jul 2026 · Company Update / Earnings Call Transcript
The audio recording link of the analyst meeting held on 27th July 2026 is enclosed herewith.28 Jul 2026 · Company Update / Analyst / Investor Meet
Please find enclosed the voting results of the 63rd Annual General Meeting ("AGM") of the Company held on 24th July 2026, along with the Combined Scrutinizer''s Report.25 Jul 2026 · AGM/EGM / AGM
We enclose herewith the copies of the newspaper advertisement published by the Company regarding Unaudited Financial Results for the quarter ended 30th June 2026.25 Jul 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 please find enclosed the proceedings of the 63rd Annual General Meeting (AGM) of the Company held on 24th July 2026.24 Jul 2026 · AGM/EGM / AGM
Intimation of approval of Postal Ballot Notice by the Board of Directors.24 Jul 2026 · AGM/EGM / Postal Ballot
Intimation regarding amendment to Object Clause of MOA.24 Jul 2026 · Company Update / Amendments to Memorandum & Articles of Association
The Unaudited Financial Results of the Company for the quarter ended 3oth June 2026 is attached.24 Jul 2026 · Result / Financial Results
In terms of Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Unaudited Financial Results (Standalone and Consolidated), ....24 Jul 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the Analyst /Investor Meet schedule.14 Jul 2026 · Company Update / Analyst / Investor Meet
LMW Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/07/2026 ,inter alia, to consider and approve the Unaudited Financial Results of the ....13 Jul 2026 · Board Meeting / Board Meeting
Intimation of ESG Rating under Regulation 30 of SEBI(LODR)Regulations, 2015.9 Jul 2026 · Company Update / General
The Certificate under Regulation 74(5) of SEBI(DP) Regulations, 2018 for the quarter ended 30th June 2026 is attached.2 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We are forwarding the copies of the newspaper advertisement published by the Company regarding the Notice of the 63rd Annual General Meeting and E-voting Information.30 Jun 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 36(1)(b) of the SEBI (LODR) Regulations, 2015, the Company has sent a letter to Members providing a web link including the exact path to the Annual Report 2025-26.30 Jun 2026 · Company Update / General
The Business Responsibility and Sustainability Report of the Company for the financial year 2025-26 is attached.29 Jun 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we attach herewith a copy of the Annual Report of the Company for the financial year 2025-26.29 Jun 2026 · Others / Reg. 34 (1) Annual Report
We hereby enclose a copy of the Notice convening the 63rd Annual General Meeting ("AGM") of the Company, scheduled to be held on Friday, 24th July 2026, at 2:45 P.M ("IST") through Video ....29 Jun 2026 · AGM/EGM / AGM
Update on Acquisition of Additional Shares in Wholly Owned Subsidiary -Disclosure under Regulation 30 of SEBI(LODR) Regulations, 2015.25 Jun 2026 · Company Update / Acquisition
Intimation of Trading Window Closure Period pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.22 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation under Regulation 30 of SEBI(LODR) Regulations, 2015.12 Jun 2026 · Company Update / General
We enclose herewith the copies of the newspaper advertisement published by the Company regarding the Notice to Shareholders and General Communication on Tax Deduction at Source on Dividend.8 Jun 2026 · Company Update / Newspaper Publication
Newspaper Advertisement regarding Notice of Special Window for Transfer and Dematerialisation of Physical Securities.5 Jun 2026 · Company Update / Newspaper Publication
The Annual Secretarial Compliance Report of the Company for the financial year ended 31st March 2026 is attached.27 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Please find the attached transcript of the Analyst/ Investor meeting held on 21st May 2026.25 May 2026 · Company Update / Earnings Call Transcript
The audio recording link of the analyst meeting held on 21st May 2026 is enclosed herewith.22 May 2026 · Company Update / Analyst / Investor Meet
We enclose herewith the copies of the newspaper advertisement published by the Company regarding the Audited Financial Results for the quarter and year ended 31st March 2026.21 May 2026 · Company Update / Newspaper Publication
Intimation under Regulation 30 of SEBI(LODR) Regulations, 2015- Acquisition.20 May 2026 · Company Update / General
Intimation of appointment of Senior Management Personnel of the Company under Regulation 30 of SEBI(LODR) Regulations,2015.20 May 2026 · Company Update / Change in Management
The Board of Directors have recommended the proposal for obtaining the approval of the shareholders at the ensuing AGM for the material related party transactions.20 May 2026 · Company Update / General
The Board of Directors of the Company have approved the appointment of the Cost Auditor of the Company. The same is enclosed herewith.20 May 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Dividend - Rs. - 35.0000	17 Jul 2026	17 Jul 2026	—
Dividend - Rs. - 30.0000	10 Jul 2025	10 Jul 2025	—
Final Dividend - Rs. - 75.0000	24 Jul 2024	—	—

Board meetings

24 Jul 2026 Board Meeting - Financial Results