LMW Limited

NSE: LMW · Unclassified

₹17,037.00-2.62%06 Nov 2026

Ask the data

Instant answers about LMW Limited — computed from its filings, no language model

Market cap₹18,196 cr

Current price₹17,037.00

High / Low₹20,047 / ₹11,997

P/E121.7

P/B5.99

Book value₹2,846.1

ROE4.9%

ROCE9.3%

Debt / equity0.00

Dividend yield0.18%

EPS (TTM)₹140.05

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,574	1,727	3,171	4,719	4,696	3,012	3,207
EBITDA	11	70	247	449	435	139	169
Operating margin	0.7%	4.1%	7.8%	9.5%	9.3%	4.6%	5.3%
Interest	1	0	0	0	0	0	0
Depreciation	55	56	60	78	96	113	120
Profit before tax	47	71	238	519	482	151	182
Tax	19	27	57	135	108	49	51
Net profit	28	0	0	0	374	103	131
EPS ₹	26.00	41.75	169.47	359.47	349.77	96.05	122.37
Operating cash flow	—	—	485	364	141	29	177
Capex	—	—	76	278	151	130	74
Dividend paid	—	—	11	43	105	80	32
Total assets	—	—	—	4,090	4,031	4,008	4,262
Equity	—	—	—	2,339	2,704	2,777	2,867

Quarterly performance

last 29 quarters · ₹ crore

showing latest 8 of 29 periods

	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	409	320	386	169	396	479	684	458	803	912	998	983	1,212	1,222	1,303	1,191	1,320	1,214	971	673	769	766	804	694	822	758	933	861	1,132
Operating profit	9	1	-7	-28	14	41	44	7	66	83	91	86	120	125	118	109	136	118	74	13	32	36	58	14	44	42	70	64	102
Operating margin	2.2%	0.3%	-1.7%	-16.6%	3.5%	8.5%	6.5%	1.6%	8.2%	9.1%	9.1%	8.7%	9.9%	10.2%	9.1%	9.1%	10.3%	9.7%	7.6%	2.0%	4.2%	4.7%	7.2%	2.0%	5.4%	5.5%	7.5%	7.4%	9.0%
Other income	24	22	26	19	15	21	24	18	15	21	15	25	43	32	48	36	35	32	40	29	30	33	33	37	41	30	39	41	31
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0
Depreciation	14	14	14	14	14	14	14	14	15	15	15	16	19	21	22	23	24	23	27	26	28	29	29	30	30	30	30	30	30
Profit before tax	19	7	6	-25	9	47	42	-6	66	89	90	94	144	137	144	122	147	125	87	16	34	40	61	20	55	30	78	72	103
Tax	6	4	4	-4	2	13	16	3	22	24	7	22	40	24	50	29	32	26	21	5	9	21	14	8	14	15	14	17	31
Net profit	0	0	2	-22	0	33	0	0	44	0	0	0	129	109	0	94	139	99	66	11	24	19	48	11	41	15	64	0	71
EPS ₹	11.39	3.06	1.76	-20.24	6.47	31.13	24.38	-8.96	40.75	60.25	77.44	67.98	97.64	105.77	88.08	87.80	107.75	92.46	61.76	10.31	22.90	18.06	44.76	10.74	38.30	13.72	59.61	51.97	66.68
Revenue YoY	—	—	—	—	-3.2%	49.4%	77.1%	171.1%	102.6%	90.5%	46.0%	114.7%	50.9%	34.0%	30.5%	21.2%	9.0%	-0.6%	-25.5%	-43.5%	-41.8%	-36.9%	-17.2%	3.1%	6.9%	-1.1%	16.1%	24.0%	37.7%
Profit YoY	—	—	—	—	—	—	-100.0%	—	—	-100.0%	—	—	195.7%	—	—	—	7.9%	-9.0%	—	-88.3%	-82.4%	-80.5%	-27.5%	4.1%	67.3%	-24.0%	33.2%	-100.0%	74.1%

Earlier results (standalone, Sep '07 – Jun '19)

₹ crore · from BSE, before the NSE XBRL filings begin

LMW Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,361	1,169	1,818	2,133	1,798	2,242	2,385	2,528	2,432	2,559	2,636
Operating profit	204	197	278	277	201	256	288	319	256	266	268
Operating margin	15.0%	16.8%	15.3%	13.0%	11.2%	11.4%	12.1%	12.6%	10.5%	10.4%	10.2%
Other income	68	50	65	65	77	115	106	98	91	108	106
Interest	—	—	—	—	—	1	1	1	0	1	1
Depreciation	118	96	104	114	114	103	96	83	75	71	50
Profit before tax	154	151	239	223	164	261	288	328	266	299	287
Tax	47	46	73	86	53	77	81	108	76	88	97
Net profit	107	105	166	137	110	184	207	220	191	211	189

Quarters

showing latest 8 of 48 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†
Revenue	583	535	604	459	446	268	187	192	278	336	363	346	443	491	539	511	581	538	502	433	470	393	502	417	561	630	634	572	589	568	656	564	620	652	693	558	581	582	712	696	573	542	747	636	772	648	580	452
Operating profit	115	105	100	79	85	36	4	21	56	63	56	56	78	76	69	71	89	69	49	53	61	44	43	46	76	83	51	66	77	72	73	66	72	92	89	45	52	68	91	71	63	65	68	57	90	89	33	12
Operating margin	19.7%	19.6%	16.5%	17.2%	19.0%	13.5%	2.2%	10.9%	20.1%	18.9%	15.5%	16.1%	17.5%	15.4%	12.8%	13.9%	15.3%	12.8%	9.7%	12.3%	12.9%	11.2%	8.5%	10.9%	13.5%	13.2%	8.1%	11.6%	13.1%	12.7%	11.2%	11.6%	11.6%	14.1%	12.9%	8.1%	8.9%	11.7%	12.8%	10.2%	11.0%	11.9%	9.0%	8.9%	11.7%	13.7%	5.6%	2.7%
Other income	24	17	29	25	7	19	17	14	14	10	11	14	15	18	19	15	11	20	19	19	12	15	31	23	26	21	45	27	26	25	28	24	29	21	25	22	21	27	20	21	20	33	34	33	29	13	31	21
Interest	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	5	0	0	0	—	0	0	0	0	0	0	0	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	26	33	36	32	33	34	18	18	22	28	28	24	25	26	28	25	28	30	31	27	28	29	29	24	25	26	27	24	23	26	23	23	19	18	23	18	17	16	24	22	18	14	17	14	13	13	10	12
Profit before tax	112	89	93	73	59	21	2	17	49	46	40	45	68	67	59	61	72	59	32	45	44	30	44	38	77	77	68	68	73	71	76	66	81	95	86	49	56	75	86	70	65	83	81	72	73	89	53	21
Tax	38	31	33	25	21	7	-6	6	16	15	9	15	22	21	15	20	23	19	25	14	14	10	16	13	24	25	15	19	26	26	8	22	25	31	30	16	18	24	18	22	19	27	20	22	32	27	16	7
Net profit	75	58	60	48	38	13	8	11	32	30	31	30	46	46	44	41	49	40	7	31	31	20	28	25	52	52	54	49	47	45	67	44	56	63	56	33	38	51	68	48	46	56	61	50	40	62	37	14
EPS ₹	60.30	47.25	48.51	38.59	30.61	10.75	6.50	9.00	26.17	24.66	24.80	24.33	37.07	37.05	35.94	36.52	43.70	35.19	6.20	27.52	27.20	18.07	25.30	22.52	46.34	46.51	47.67	43.11	41.58	39.74	59.70	38.93	50.13	56.35	49.78	29.41	33.66	45.50	62.33	43.47	42.19	51.43	55.89	45.35	36.90	57.08	34.44	13.16
Revenue YoY	—	—	—	—	-23.4%	-49.9%	-69.0%	-58.1%	-37.7%	25.4%	93.5%	79.6%	59.2%	46.0%	48.7%	47.9%	31.2%	9.6%	-6.9%	-15.3%	-19.2%	-26.9%	0.0%	-3.7%	19.5%	60.1%	26.3%	37.1%	5.0%	-9.8%	3.5%	-1.3%	5.2%	14.7%	5.6%	-1.2%	-6.3%	-10.7%	2.8%	24.9%	-1.3%	-6.8%	5.0%	-8.6%	34.7%	19.4%	-22.4%	-28.9%
Profit YoY	—	—	—	—	-49.2%	-77.2%	-86.6%	-76.7%	-14.5%	129.3%	281.1%	170.4%	41.7%	50.3%	44.1%	36.7%	7.4%	-13.5%	-84.2%	-24.6%	-37.8%	-48.7%	307.7%	-18.2%	70.4%	157.4%	88.4%	91.4%	-10.3%	-14.5%	25.3%	-9.7%	20.6%	41.8%	-16.6%	-24.4%	-32.9%	-19.3%	21.8%	43.7%	21.9%	9.9%	-10.3%	4.3%	-12.5%	10.7%	-39.9%	-71.7%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 26 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	6.1%	11.2%	10.1%	14.2%	13.5%	13.1%	14.7%	11.6%	7.3%	4.4%	3.7%	3.7%	4.2%	4.1%	4.6%	4.2%	4.9%
ROCE	—	—	—	—	—	—	—	—	—	19.6%	21.9%	22.2%	23.4%	21.7%	21.3%	17.9%	13.9%	9.6%	6.4%	5.4%	5.6%	6.2%	5.8%	6.3%	8.2%	9.3%
Net margin	-1.5%	-1.6%	0.9%	0.7%	1.6%	3.2%	1.5%	1.4%	1.2%	3.1%	5.4%	5.0%	6.7%	6.8%	6.6%	8.5%	7.5%	5.5%	3.8%	3.4%	3.4%	3.9%	3.7%	4.1%	3.5%	4.1%
EBITDA margin	-1.9%	-1.6%	1.4%	4.1%	5.2%	6.5%	7.0%	7.8%	8.8%	9.2%	9.5%	9.5%	9.6%	9.7%	9.6%	9.3%	8.2%	6.5%	4.9%	4.6%	4.6%	4.9%	5.1%	5.3%	6.5%	7.5%
Debt / equity	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest coverage	30.38	-33.64	322.36	1020.14	1295.00	2112.86	1461.00	2980.00	4234.00	5957.00	—	—	3650.67	3443.12	446.80	399.48	355.75	250.95	—	—	—	—	—	—	—	—
Asset turnover	—	—	—	—	—	—	—	—	—	1.01	1.08	1.15	1.20	1.17	1.17	1.16	1.04	0.89	0.78	0.75	0.76	0.73	0.73	0.75	0.79	0.75

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	11	11	11	11	11	11	11	11	11
Other equity / reserves	2,116	2,328	2,525	2,693	2,743	2,767	2,819	2,856	3,029
Total equity	2,127	2,339	2,535	2,704	2,754	2,777	2,830	2,867	3,040
Borrowings	0	0	0	0	0	0	0	0	0
Current liabilities	1,504	1,369	1,494	1,058	1,069	1,006	1,154	1,156	1,552
Non-current liabilities	446	383	285	270	252	224	244	240	316
Total assets	4,077	4,090	4,314	4,031	4,076	4,008	4,228	4,262	4,907
Property, plant & equipment	840	887	904	958	982	971	945	932	908
Capital work-in-progress	10	24	16	9	3	4	10	1	6
Investments	467	508	618	641	742	701	724	706	855
Inventories	706	702	742	620	627	571	622	575	787
Receivables	322	233	291	130	115	177	232	280	324
Cash & equivalents	108	157	149	118	116	140	142	395	156

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	485	364	141	29	177
Cash from investing	-448	-242	-74	73	110
Cash from financing	-11	-43	-105	-80	-32
Capex	76	278	151	130	74
Free cash flow	409	86	-11	-101	104
Dividends paid	11	43	105	80	32

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹908 cr19%

CWIP

₹6 cr0%

Investments

₹855 cr17%

Inventories

₹787 cr16%

Receivables

₹324 cr7%

Cash & equivalents

₹156 cr3%

Other assets

₹1,872 cr38%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
LMW Limited	18,196	17,037.00	121.7	5.99	4.9%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+1.3%

6 months+13.5%

1 year+6.6%

3Y CAGR+9.0%

5Y CAGR+12.4%

10Y CAGR+15.0%

50-day avg₹17,199.04

200-day avg₹15,814.98

RSI (14)61

FAQs

What is the share price of LMW Limited?

LMW Limited (LMW) closed at ₹17,037.00 on NSE on 06 Nov 2026.

What is the market cap of LMW Limited?

₹18,196 crore at the latest close.

What is the P/E ratio of LMW Limited?

121.7, on trailing-twelve-month earnings from its filings.

How fast is LMW Limited growing?

LMW Limited: revenue has compounded at -12.1% a year over three years. Latest-quarter revenue is up 37.7% year on year, profit up 74.1%.

How profitable is LMW Limited?

On a trailing-twelve-month basis return on equity is 4.9%, return on capital employed 9.3%, operating margin 7.5%, net margin 4.1%.

How much debt does LMW Limited have?

LMW Limited is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹156 cr (balance sheet of 2026-09-30).

Financials parsed from LMW Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.