LMW Limited has announced its audited financial results for the quarter and year ended 31st March 2026. The company reported impressive growth, with annual standalone revenue reaching ₹3,081.84 crore and a recommended dividend of 350% (₹35 per share). Alongside financial performance, the company confirmed key leadership appointments, including a new Managing Director and additional international investments in its Dubai-based subsidiary to support future business expansion.
Financial Performance Overview
For the financial year ended March 31, 2026, the company demonstrated solid performance. Standalone revenue from operations grew to ₹3,081.84 crore, compared to ₹2,909.40 crore in the previous year. Net profit after tax stood at ₹153.92 crore. The Board of Directors has recommended a final dividend of ₹35 per equity share, reflecting a 350% payout for the fiscal year, subject to shareholder approval at the upcoming Annual General Meeting on July 24, 2026.
Leadership and Board Appointments
The company announced a series of strategic leadership changes. Sri Sanjay Jayavarthanavelu has been re-appointed as Managing Director for a five-year term commencing April 1, 2027. Additionally, the Board has re-appointed Sri M Sankar as Wholetime Director (Operations) for three years and Sri Aroon Raman as an Independent Director for a second five-year term. The leadership team is further strengthened by the appointment of Sri Chandrashekar R as Head of Foundry and Advanced Technology Centre (ATC).
Strategic Expansion and Governance
LMW is set to invest up to USD 30 million in its wholly-owned subsidiary, LMW Holding Limited, located in the Dubai International Financial Centre. This capital injection is intended to drive Capex and support working capital requirements to expand the company’s global footprint. Furthermore, the company will transition to M/s Brahmayya & Co. as its new Statutory Auditor for a five-year term starting from the 2026-27 financial year, ensuring continued excellence in corporate governance and financial oversight.
Source: BSE
