NSE: LMW · BSE: 500252 · ISIN INE269B01029
LMW Limited stock analysis
LMW Limited ranks #1970 in the TickerSutra evidence-ranked universe with a score of 49/100 and 95% data confidence. The latest captured fundamentals show ROCE of 5.6%, quarterly sales growth of 24.0% and quarterly profit growth of 369.2%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0×
- Strong CFO/EBITDA of 1.04×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Extreme base-effect growth requires manual validation
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹3,171cr | ₹247cr | ₹181cr | 8.0% |
| 2023 | ₹4,719cr | ₹450cr | ₹384cr | 10.0% |
| 2024 | ₹4,696cr | ₹435cr | ₹374cr | 9.0% |
| 2025 | ₹3,012cr | ₹142cr | ₹103cr | 4.7% |
| 2026 | ₹3,207cr | ₹170cr | ₹131cr | 5.0% |
| TTM | ₹3,374cr | ₹219cr | ₹175cr | 6.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
And the value addition also if you can clarify that as well. Sir, on machine tool division sequentially we have seen decline in margin. So, is it attributed to rupee depreciation or is it the change in product mix?
Because our top line has been growing very well in the last few quarters. But margin improvement is missing because of couple of points which you mentioned. What will be required A price increase and mitigation.
Only for the I believe land and building plus. So maybe if you can clarify what's the capex plan for ATC and what kind of capacity creation we are doing and this quarter, we have seen further improvement of margins in ATC. So, do we expect that this momentum to continue on the margins front?
Not for just any division particularly. Senthil (CFO) Oh, the export order books are not very strong. We don't have long term export order book.
But margin improvement is missing because of couple of points which you mentioned. What will be required A price increase and mitigation. And when do you see this coming back towards double digit margins?
One was on the order book, domestic TMD order book and active order book on TMD which I missed due to joining late. And one question which was left was on ATC margin outlook and the CAPEX plan for etc. And sir, one more question on the results part.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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