LMW Limited Earnings Growth Driven by Strong Textile and Machine Tool Demand

LMW Limited reported a resilient performance for the fiscal year ending March 31, 2026, with revenue rising to ₹3,082 crore and a significant 42% increase in PBT to ₹221 crore. The company saw strong recovery in the textile machinery sector during the final two quarters, while the Machine Tool Division delivered robust turnover growth. LMW is also strategically expanding its Aerospace and Technologies (ATC) capacity to capitalize on long-term export opportunities.

Fiscal Performance Highlights

For the fiscal year 2025-26, LMW Limited achieved a consolidated revenue of ₹3,353 crore compared to ₹3,137 crore in the previous year. Profit at the consolidated level reached ₹195 crore, up from ₹151 crore. The company reported an order book of ₹3,300 crore, indicating positive momentum heading into the new fiscal year.

Segmental Growth and Market Traction

The Textile Machinery Division (TMD), which faced a 24-month slowdown, has shown significant recovery in the last two quarters. Order intake for the division saw a major boost during the January-March quarter. Meanwhile, the Machine Tool Division (MTD) achieved 25-28% turnover growth. This segment continues to be driven by a 50% share from the automotive sector, with emerging traction in defense and aerospace applications.

Aerospace and Technologies (ATC) Expansion

The ATC division remains a high-margin contributor, with 90% of its revenue derived from exports. The business operates across two core areas: Metallics (78% of revenue) and Composites (22% of revenue). To support future growth, the company is actively investing in new, larger infrastructure, as the current facility nears capacity limits. ATC orders are characterized by long-term visibility (18 months to 4 years), reflecting the company’s deep integration into global aerospace supply chains.

Future Outlook and Capital Strategy

Management remains focused on increasing its global footprint, particularly within GCC countries, to restore export levels to their historical 23-25% range. Despite facing inflationary pressures on raw materials and logistics, LMW is prioritizing internal process efficiencies and strategic capacity additions. The company plans to continue its disciplined investment approach, particularly in the ATC business, to fulfill its growing project pipeline and capture greater wallet share with global partners.

Source: BSE

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