LMW Limited reported a robust 30% increase in revenue for Q2 FY27, reaching ₹1,153 crores. The company highlighted strong performance across its Textile Machinery (TMD), Machine Tool (MTD), and ATC divisions, with plans for significant capacity expansion in MTD and ATC. The earnings call transcript provides insights into financial results, segment performance, and future growth strategies, including investments and order book details.
LMW Limited Reports Strong Q2 FY27 Performance
LMW Limited has announced its financial results for the second quarter of the financial year 2026-27 (Q2 FY27), showcasing significant revenue growth and detailing strategic expansion initiatives. The company reported a revenue of ₹1,153 crores for the quarter ended September 2026, marking a substantial 30% increase compared to ₹815 crores in the same period last year. For the first half (H1) of FY27, revenue stood at ₹2,045 crores, up 33% from the previous year’s ₹1,537 crores. Profit Before Tax (PBT) for the current period reached ₹204 crores, a notable jump from ₹93 crores in the prior period.
Segment-wise Performance and Outlook
The Textile Machinery Division (TMD) demonstrated strong momentum, clocking a turnover of ₹639 crores in Q2 FY27, an increase of 32% over the previous quarter and 38% compared to Q2 FY26. For H1 FY27, TMD revenue was ₹1,121 crores, up approximately 28% year-on-year. The division currently holds an order book of around ₹3,400 crores, with an active order book of roughly ₹2,600 crores.
The Machine Tool Division (MTD) and Foundry reported a turnover of ₹794 crores for H1 FY27, a significant increase from ₹555 crores in the corresponding period last year. This division is operating at a utilization of around 75% to 80%. Expansion plans are underway, with expectations of further capacity increases to meet growing demand, driven partly by the China+1 strategy and industry upgradation trends.
The ATC division, which includes metallic and composite segments, saw its H1 FY27 turnover at ₹135 crores, up from ₹97 crores in the previous year. The division is currently operating at approximately 70% capacity utilization. The company is investing ₹150 crores in this division, with expectations of significant revenue contribution post-commissioning.
Expansion and Future Investments
LMW Limited is strategically expanding its capacity, particularly in the Machine Tool Division, and is exploring opportunities in the defense sector through its ATC division. The company is also focusing on enhancing its global presence through LMW Holding, which includes LMW China and LMW Global at Dubai. Investments are being made to leverage global opportunities and strengthen the company’s position in key markets.
Discussions during the call also touched upon the potential for margin expansion, particularly in the 5-axis machine segment, and the company’s approach to managing cost escalations in the textile machinery division. The management expressed confidence in sustained growth across its business segments.
Source: BSE
