LMW Limited has declared its audited financial results for the quarter and year ended 31st March 2026. The Board of Directors has recommended a final dividend of Rs. 35 per share (350%) for the financial year. Additionally, the company announced key leadership re-appointments, a change in statutory auditors, and an additional investment of up to USD 30 million in its wholly-owned subsidiary, LMW Holding Limited, to drive global expansion.
Annual Financial Performance
For the financial year ended 31st March 2026, LMW Limited reported strong operational performance. The company achieved Revenue from Operations of Rs. 3,081.84 crore, reflecting a consistent growth trajectory. The net profit after tax for the fiscal year stood at Rs. 153.92 crore. For the quarter ended 31st March 2026 (Q4), the company reported revenue of Rs. 853.69 crore, showcasing solid momentum heading into the new fiscal year.
Shareholder Dividends
The Board of Directors has recommended a generous dividend of Rs. 35 per equity share, having a face value of Rs. 10 each, translating to a 350% payout. This dividend is subject to the approval of shareholders at the upcoming 63rd Annual General Meeting scheduled for 24th July 2026. The record date to determine eligibility for the dividend has been set for 17th July 2026.
Strategic Leadership and Governance
The company announced significant leadership stability and updates. Sri Sanjay Jayavarthanavelu has been re-appointed as the Managing Director for a further five-year term effective from 1st April 2027. Additionally, the board approved the re-appointment of Sri M Sankar as Wholetime Director (Director Operations) and Sri Aroon Raman as an Independent Director. The company also initiated a rotation of statutory auditors, recommending M/s Brahmayya & Co. to serve for a five-year term starting from the financial year 2026-27.
Global Expansion Strategy
LMW Limited is doubling down on its international presence with an approved additional investment of up to USD 30 million in its Dubai-based subsidiary, LMW Holding Limited. This capital infusion is earmarked to support the subsidiary’s operational requirements, including Capex and working capital, to facilitate growth and access to new global markets through strategic alliances and partnerships.
Source: BSE
