LMW Limited (IN:LMW)
:LMW
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LMW Limited
(LMW)
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Rating:46Neutral
Price Target:
₹12,363.00
▼(-19.42% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by weakening FY2025 fundamentals, especially the sharp revenue decline, margin compression, and notably poor cash conversion/negative free cash flow. Technical indicators reinforce downside momentum (price below major moving averages and negative MACD), while valuation is a key detractor given the extremely high P/E and minimal dividend yield. The main offsetting support is the debt-free balance sheet, which reduces financial risk.
Positive Factors
Debt-free balance sheet
Zero financial leverage gives the company durable financial flexibility: it can fund working-capital swings, absorb cyclical order volatility, and invest in capex or R&D without covenant pressure. This lowers insolvency risk and supports multi-quarter recovery strategies.
Negative Factors
Sharp revenue decline (~37% YoY)
A ~37% revenue drop is a material structural setback that reduces scale and operating leverage. It may reflect weaker textile demand, lost orders, or project deferrals; unless demand or order intake recovers, fixed-cost absorption and investment economics remain impaired for multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero financial leverage gives the company durable financial flexibility: it can fund working-capital swings, absorb cyclical order volatility, and invest in capex or R&D without covenant pressure. This lowers insolvency risk and supports multi-quarter recovery strategies.
Read all positive factors
LMW Limited (LMW) vs. iShares MSCI India ETF (INDA)
Market Cap
₹139.82B
Dividend Yield0.2%
Average Volume (3M)110.00
Price to Earnings (P/E)272.9
Beta (1Y)1.07
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees3,627
SectorConsumer Goods
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)28.95
Shares Outstanding10,683,000
10 Day Avg. Volume92
30 Day Avg. Volume110
Financial Highlights & Ratios
PEG Ratio-2.25
Price to Book (P/B)6.04
Price to Sales (P/S)5.77
P/FCF Ratio-165.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)124.8
Revenue Forecast (FY)₹30.91B
LMW Limited Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
LMW makes money primarily by selling capital equipment—most notably textile spinning machinery and associated systems—to textile mills and other industrial customers. Revenue is generated through (1) sales of new machinery (typically high-value, p...
LMW Limited Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
78
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 15.22B | 29.09B | 46.18B | 46.39B | 31.16B |
| Gross Profit | 2.63B | 9.28B | 13.99B | 13.94B | 9.34B |
| EBITDA | 537.20M | 1.42B | 4.35B | 4.50B | 2.47B |
| Net Income | 887.50M | 1.03B | 3.74B | 3.84B | 1.81B |
Balance Sheet | |||||
| Total Assets | 42.28B | 40.08B | 40.31B | 40.90B | 36.46B |
| Cash, Cash Equivalents and Short-Term Investments | 17.67B | 17.11B | 13.04B | 10.86B | 7.59B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 13.98B | 12.30B | 13.28B | 17.52B | 16.56B |
| Stockholders Equity | 28.30B | 27.77B | 27.04B | 23.39B | 19.90B |
Cash Flow | |||||
| Free Cash Flow | 114.10M | -1.01B | -105.50M | 860.30M | 4.09B |
| Operating Cash Flow | 969.20M | 290.40M | 1.41B | 3.64B | 4.85B |
| Investing Cash Flow | -380.90M | 728.40M | -741.20M | -2.42B | -4.48B |
| Financing Cash Flow | -323.00M | -803.70M | -1.05B | -429.70M | -109.56M |
LMW Limited Peers Comparison
UnderperformOutperform
Sector (57)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹152.25B | 18.70 | ― | 1.13% | 2.50% | 6.26% | |
64 Neutral | ₹95.64B | 46.47 | ― | ― | 10.59% | 67.55% | |
64 Neutral | ₹78.69B | 31.99 | ― | 1.24% | 1.62% | -7.32% | |
64 Neutral | ₹126.28B | 74.25 | ― | 1.84% | 0.75% | 37.44% | |
58 Neutral | ₹107.87B | 23.92 | ― | 1.92% | 5.24% | 9.79% | |
57 Neutral | $3.13B | 9.23 | -34.32% | 3.14% | -25.56% | -353.61% | |
46 Neutral | ₹139.82B | 272.89 | ― | 0.20% | ― | ― |
* Consumer Goods Sector Average
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LMW Limited
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-16.40%
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LMW Limited Corporate Events
LMW Discloses Unsolicited ESG Rating to Stock Exchanges
Feb 21, 2026
LMW Limited has disclosed that it has received an ESG rating from SES ESG Research Private Limited, in compliance with Regulation 30 of the SEBI Listing Regulations and related SEBI guidance. The rating was prepared independently by SES ESG using ...
LMW Limited Schedules Virtual Analyst and Investor Meet for January 29
Jan 13, 2026
LMW Limited has notified the stock exchanges of its upcoming virtual group analyst and investor meet, scheduled for 29 January 2026, in compliance with disclosure norms under Regulation 30 of SEBI’s Listing Obligations and Disclosure Require...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.