LMW Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The board has recommended a dividend of ₹35 per equity share (350%) for the financial year. Additionally, the company confirmed major leadership re-appointments, including Sri Sanjay Jayavarthanavelu as Managing Director, and announced an additional investment in its UAE-based wholly-owned subsidiary, LMW Holding Limited, to support growth and operational requirements.
Annual Financial Performance
For the financial year ended March 31, 2026, LMW Limited reported standalone revenue from operations of ₹3,081.84 crore, compared to ₹2,909.40 crore in the previous year. The net profit after tax for the year stood at ₹153.92 crore. On a consolidated basis, the company achieved revenue from operations of ₹3,207.42 crore for the same period, with a net profit after tax of ₹130.73 crore.
Dividend and Strategic Investments
The Board of Directors has recommended a dividend of ₹35 per equity share (with a face value of ₹10), subject to shareholder approval at the upcoming 63rd Annual General Meeting scheduled for July 24, 2026. Furthermore, the company has approved an additional investment of up to USD 30 million in its wholly-owned subsidiary, LMW Holding Limited, based in the Dubai International Financial Centre. This capital injection is intended to fund Capex and working capital requirements to support global market expansion.
Leadership and Governance Updates
The company announced several key leadership appointments and changes:
- Managing Director Re-appointment: Sri Sanjay Jayavarthanavelu has been re-appointed for a five-year term effective April 1, 2027.
- Director Operations: Sri M Sankar has been re-appointed as Wholetime Director for a three-year term starting October 25, 2026.
- Independent Directors: The company recommended the re-appointment of Sri Aroon Raman for a second term, and the appointment of Sri Narayanan Vellayan as an Independent Director effective July 25, 2026.
- Statutory Audit: M/s Brahmayya & Co., Chartered Accountants, has been recommended as the new Statutory Auditor for a term of five consecutive financial years, starting from 2026-27.
Senior Management Expansion
LMW also strengthened its senior leadership team with the appointment of Sri Chandrashekar R as Head – Foundry and Advanced Technology Centre (ATC), effective May 20, 2026. This strategic hire aims to drive the company’s initiatives in advanced technology and foundry operations.
Source: BSE
