Lakshmi Machine Works Limited
LAXMIMACH.NS
National Stock Exchange of India17,324.60
INR
+340.05
- -
ISIN
INE269B01029
CUSIP
Y5154R130
Return %
Stock
S&P500
1Y
33.62
26.53
3Y
82.68
76.60
5Y
404.12
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Sanjay Jayavarthanavelu MBA
- Full Time Employees
- 3,590
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 34A, Kamaraj Road Coimbatore India 641018
- IPO Date
- Jul 1, 2002
- Website
- lmwglobal.com
- Similar Companies
- Business
- Lakshmi Machine Works Limited (LMW Limited), founded in 1962 and headquartered in Coimbatore, India, is a leading manufacturer of textile spinning machinery and industrial machine tools. The company produces a comprehensive range of textile machinery including blow room, carding, combing, ring and compact spinning systems, and winding machines, catering to various applications and raw materials. It is among the few global companies capable of manufacturing the entire spectrum of spinning machinery. In addition to textile machinery, LMW Limited has diversified into CNC machine tools, including turning centers, milling, and turnmill machines, serving multiple industry segments such as automobile, aerospace, defense, general engineering, and medical equipment. The company’s foundry division produces precision castings in ductile and grey iron for international clients, supporting a variety of manufacturing needs. LMW's advanced technology center also manufactures components and sub-assemblies for the aerospace industry. In recent strategic developments, the company changed its name from Lakshmi Machine Works Limited to LMW Limited in September 2024. LMW continues to strengthen its market presence through a strong sales and service network across India with extended reach to exports in Asia and Oceania. The company recently announced a significant investment of ₹1050 crore to expand its manufacturing capacity in Tamil Nadu, which will enhance India’s domestic machinery production capability. It maintains key collaborations, including a government-approved partnership with Rieter Machine Works. LMW is recognized for its high-quality standards, ISO 9000 certifications across divisions, and cutting-edge quality assurance practices including laser calibration and precision testing to maintain product accuracy. LMW Limited serves textile mills, manufacturing industries, and aerospace firms across India and international markets, leveraging its expertise as a fully integrated spinning system manufacturer with over 50 million spindles installed worldwide. Its product portfolio supports all major textile processes from fiber preparation to yarn making, with customized CNC solutions catering to the evolving needs of diverse industrial sectors, maintaining a leadership position in India and significant overseas presence. This combination of core textile machinery manufacturing, diversified CNC machine tool production, foundry capabilities, and aerospace component fabrication positions LMW Limited as a multifaceted industrial machinery entity with ongoing expansion and product innovation initiatives embedded in its growth strategy.