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    Industrial - Machinery
Lakshmi Machine Works Limited

Lakshmi Machine Works Limited

LAXMIMACH.NS
Lakshmi Machine Works LimitedIN flagNational Stock Exchange of India
17,324.60
INR
+340.05
- -
185.08BMarket Cap
Lakshmi Machine Works Limited
LAXMIMACH.NS
(National Stock Exchange of India)

Recent

price

17,324.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
1,081.73
913.99
1,592.06
2,007.4
1,743.4
2,007.02
2,208.47
2,486.63
2,164.07
2,348.51
2,411.83
1,416.36
1,569.08
2,916.56
4,342.44
4,323.2
3,321.92
Revenue per Share
86.45
80.75
136.04
123.23
115.02
167.81
194.96
201.78
166.51
195.92
170.56
26
41.75
169.47
359.47
349.77
187.41
Basic EPS, GAAP
38.34
70.85
159.07
-13.61
31.72
64.31
10.75
-34.09
1.01
72.38
-79.36
-10.54
119.66
382.57
80.53
-9.88
- -
Free Cash Flow per Basic Share
24.91
14.95
16.59
28.98
49.61
20.33
29.96
37.5
40.26
35
40.32
35
10
10
40
98.5
- -
Dividend per Share
10
10
10
10
10
10
1,112.5
1,249.62
1,235.07
1,396.69
1,380.87
1,386.37
1,415.77
1,552.34
1,840.91
2,058.85
10
Book Value per Share
681.78
744.16
715.1
766.77
843.57
980.85
1,176.73
1,354.48
1,384.32
1,582.79
1,562.7
1,539.76
1,653.54
1,850.63
2,174.62
2,517.6
2,553.26
Tangible Book Value per Share
12
12
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
Basic Weighted Avg Shares
13,380
11,305
17,937
22,616
19,642
22,612
24,882
28,016
24,227
25,729
26,214
15,131
16,762
31,158
46,390
46,185
35,492
Sales/Revenue/Turnover
11.52
12.89
-77.84
6.94
5.56
7.44
8.49
8.96
7.42
7.75
8.46
-2.48
0.89
6.01
8.03
7.34
3.7
Operating Margin (%)
1,176
968
1,050
1,200
1,192
1,045
997
881
799
759
554
553
556
597
777
963
1,045
Depreciation Expense
1,069
999
1,533
1,388
1,296
1,891
2,197
2,273
1,864
2,146
1,854
278
446
1,810
3,840
3,737
2,002
Net Income, GAAP
30.64
31.48
32.32
38.4
29.47
29.57
27.06
32.51
28.97
29.01
34.4
41.14
37.48
24.03
26.04
22.5
23.71
Effective Tax Rate (%)
7.99
8.83
8.54
6.14
6.6
8.36
8.83
8.11
7.69
8.34
7.07
1.84
2.66
5.81
8.28
8.09
5.64
Profit Margin (%)
2,574
3,974
3,175
4,961
6,504
8,189
9,236
9,664
9,005
9,562
5,700
6,834
8,240
6,231
8,832
12,150
13,312
Working Capital
- -
- -
3,369
2,664
- -
- -
- -
- -
- -
30
29
- -
- -
- -
- -
- -
- -
LT Debt
8,433
9,205
8,088
8,838
9,565
11,081
13,338
15,345
15,584
17,467
17,103
16,604
17,803
19,902
23,386
27,036
27,541
Total Equity
13.36
11.33
-91.47
8.42
7.31
11.48
12.66
11.88
8.3
8.6
8.45
-1.32
0.55
7.58
12.78
10.47
3.79
Return on Invested Capital (%)
864.52
807.5
85.5
44.48
89.69
1,678.1
34.74
17.08
13.36
14.73
12.21
1.87
2.98
11.42
21.19
17.94
1,873.67
Return on Capital (%)
864.52
807.5
1,296.89
1,232.27
1,150.18
1,678.1
34.74
17.08
13.36
14.74
12.23
1.86
2.98
11.42
21.19
17.94
1,874.81
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
- -
11
Market Capitalization
161,541
181,026
196,815

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
22,728
- -
24,006
Cash, Cash Equivalents & STI
13,038
- -
14,737
Accounts Receivable, Net
1,296
- -
1,148
Inventories
6,196
- -
6,273
Total Current Liabilities
10,578
- -
10,694
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.62%
9.84%
15.61%
Free Cash Flow
481.43%
-258.73%
-112.26%
Net Income, GAAP
39.41%
78.18%
-2.7%
Sales/Revenue/Turnover
12%
20.57%
-0.44%
Total Cash Common Dividend
- -
- -
146.27%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
9,826
12,119
12,216
12,229
46,390
2024
11,908
13,204
12,140
8,933
46,185
2025
6,730
7,690
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
67.98
97.64
105.77
- -
359.47
2024
87.8
107.75
92.46
- -
349.77
2025
10.31
22.9
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
40
2024
- -
- -
- -
- -
98.5
2025
- -
- -
- -
- -
- -
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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.