LMW Ltd

LMW Ltd

₹ 17,396 0.18%
23 May - close price
About

Lakshmi Machine Works Ltd is a leading Textile Machinery Manufacturer in India engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings, and parts and components catering to diverse sectors.[1]

Key Points

Business Model [1]
Lakshmi Machine Works Limited (LMW) operates a diversified business model spanning multiple industrial sectors, primarily focusing on manufacturing high-quality, precision-engineered products.

  • Market Cap 18,584 Cr.
  • Current Price 17,396
  • High / Low 19,200 / 13,450
  • Stock P/E 181
  • Book Value 2,600
  • Dividend Yield 0.43 %
  • ROCE 5.52 %
  • ROE 3.74 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 26.7%

Cons

  • Company has a low return on equity of 10.9% over last 3 years.
  • Earnings include an other income of Rs.125 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
998 983 1,212 1,222 1,303 1,191 1,320 1,214 971 673 769 766 804
908 897 1,092 1,096 1,185 1,082 1,184 1,097 897 660 737 731 746
Operating Profit 91 86 120 125 118 109 136 117 74 13 32 36 58
OPM % 9% 9% 10% 10% 9% 9% 10% 10% 8% 2% 4% 5% 7%
15 25 43 32 48 36 35 32 40 29 30 33 33
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 15 16 19 21 22 23 24 23 27 26 28 29 29
Profit before tax 90 94 144 137 144 122 147 125 87 16 34 40 61
Tax % 8% 23% 28% 17% 35% 23% 22% 21% 24% 32% 28% 52% 22%
83 73 104 113 94 94 115 99 66 11 24 19 48
EPS in Rs 77.44 67.98 97.63 105.77 88.09 87.80 107.75 92.46 61.76 10.32 22.90 18.07 44.76
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,338 2,488 2,863 2,499 2,643 2,712 1,574 1,727 3,171 4,719 4,696 3,012
2,065 2,177 2,525 2,240 2,367 2,438 1,563 1,657 2,924 4,269 4,261 2,873
Operating Profit 273 311 338 259 276 274 11 71 247 450 435 139
OPM % 12% 12% 12% 10% 10% 10% 1% 4% 8% 10% 9% 5%
102 91 88 84 103 65 92 56 51 147 143 125
Interest 2 1 1 0 1 1 1 0 0 0 0 0
Depreciation 104 100 88 80 76 55 55 56 60 78 96 113
Profit before tax 268 301 337 262 302 283 47 71 238 519 482 151
Tax % 30% 27% 33% 29% 29% 34% 41% 37% 24% 26% 22% 32%
189 220 227 186 215 185 28 45 181 384 374 103
EPS in Rs 167.81 194.97 201.78 170.15 195.92 173.53 25.99 41.75 169.47 359.47 349.77 96.05
Dividend Payout % 18% 19% 20% 21% 20% 20% 38% 24% 24% 27% 21% 31%
Compounded Sales Growth
10 Years: 2%
5 Years: 14%
3 Years: -2%
TTM: -36%
Compounded Profit Growth
10 Years: -8%
5 Years: 32%
3 Years: -19%
TTM: -71%
Stock Price CAGR
10 Years: 16%
5 Years: 48%
3 Years: 25%
1 Year: 5%
Return on Equity
10 Years: 10%
5 Years: 10%
3 Years: 11%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 11 11 11 11 11 11 11 11 11 11 11 11
Reserves 1,097 1,271 1,523 1,547 1,736 1,700 1,650 1,770 1,980 2,328 2,693 2,767
0 0 0 0 3 3 0 0 0 0 0 0
960 956 863 808 885 743 686 977 1,656 1,752 1,328 1,230
Total Liabilities 2,068 2,237 2,397 2,367 2,635 2,457 2,346 2,758 3,646 4,090 4,031 4,008
393 439 464 520 570 699 711 701 721 903 972 990
CWIP 36 6 8 6 21 12 30 11 6 24 9 4
Investments 64 64 88 61 83 124 136 286 448 508 641 701
1,576 1,729 1,838 1,780 1,961 1,621 1,470 1,760 2,471 2,654 2,409 2,312
Total Assets 2,068 2,237 2,397 2,367 2,635 2,457 2,346 2,758 3,646 4,090 4,031 4,008

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
151 131 81 137 211 99 74 157 485 364 141 29
-114 -54 -64 68 -23 29 -70 -144 -448 -242 -74 73
-27 -40 -52 -195 -44 -215 -49 -11 -11 -43 -105 -80
Net Cash Flow 10 36 -35 9 144 -88 -45 2 26 79 -39 22

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 24 30 30 28 34 26 25 38 37 18 10 21
Inventory Days 85 78 69 85 78 74 112 120 94 85 76 113
Days Payable 80 81 68 80 97 85 129 150 100 81 65 103
Cash Conversion Cycle 29 28 31 32 15 15 8 7 31 22 21 31
Working Capital Days -15 -15 -8 -3 -10 -5 -10 -23 -16 -16 -7 34
ROCE % 25% 26% 24% 16% 18% 18% 2% 5% 14% 22% 18% 6%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
31.13% 31.13% 31.13% 31.13% 31.13% 31.13% 31.13% 31.13% 31.13% 31.13% 31.13% 31.13%
4.29% 4.71% 4.90% 5.07% 5.04% 4.93% 4.97% 5.24% 5.48% 5.49% 5.63% 5.91%
11.89% 11.98% 12.03% 11.90% 10.96% 11.28% 11.28% 11.15% 10.90% 10.63% 10.16% 9.63%
52.69% 52.16% 51.93% 51.88% 52.86% 52.64% 52.60% 52.47% 52.49% 52.75% 53.06% 53.32%
No. of Shareholders 34,18133,48333,22333,06033,65433,94534,17332,76132,10731,60231,28330,900

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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