L

LMW Limited

LMWNSE
Market snapshot · 2026-08-11 10:48 UTC

17,323.00

₹-312.00 (-1.77%)

MARKET CAP

₹18.51K Cr

STOCK P/E

106.3x

52W HIGH

₹17,800.00

52W LOW

₹11,920.00

BOOK VALUE

₹2,683.25

EPS

₹162.96

ROE

SECTOR

Industrials

DEBT/EQUITY

VOLUME

5,061

P/B RATIO

6.46x

PEG RATIO

0.28

Sector

Industrials

Themes

Industrial MachineryCapital GoodsNemish Shah PortfolioGagandeep Credit Capital Pvt Ltd Portfolio
D
Dividend
E
Earnings
₹16,629.00₹15,542.76₹14,456.51₹13,370.27₹12,284.02VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

LMW Limited is an industrial machinery manufacturer serving textile, automotive, aerospace and engineering customers. Textile spinning machinery remains the core business, while Machine Tool/Foundry supplies CNC systems and precision castings, and Advanced Technology Centre provides aerospace components. Revenue grew 7.2% year-on-year, while profit increased 27.4%, indicating operating leverage despite stable reported margins. Recent bullish market momentum may improve investor attention, but disclosures provide no specific operational catalyst. Earnings quality appears favorable on profit growth, although ROE cannot be assessed because the company provides no figure. Debt-to-equity is also unavailable, preventing a leverage assessment. At 102 times earnings, LMW trades at a substantial premium to its 7.2% revenue growth rate and appears overvalued. The key open question is whether textile machinery demand and aerospace-component expansion can justify this valuation without margin expansion.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for LMW.

2.00 analysts

Price Forecast

Current
₹17,342
High Target
₹15,198
▼ -12.4%
Median Target
₹11,458
▼ -33.9%
Low Target
₹7,718
▼ -55.5%
Now₹17,342High ₹15,198Median ₹11,458Low ₹7,718Aug '25Now12M Target
Price history (1Y)
Analyst target range
2 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹13,346 - ₹19,78680%
6M₹11,526 - ₹20,11480%
12M₹9,017 - ₹19,81980%
Realized vol: +30.7% · Drift: -21.3%

Revenue Forecast

₹ Cr
Jun '26Current₹853.0
Sep 2026 ETrend estimate range
High₹951.6Base₹881.1Low₹810.6
Sep '25: ₹776.0 · Dec '25: ₹767.0 · Mar '26: ₹854.0 · Jun '26: ₹853.0 · Sep '26: ₹881.1 · Dec '26: ₹870.9
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E776.0767.0854.0853.0881.1870.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹61.79
Sep 2026 ETrend estimate range
High₹63.19Base₹56.42Low₹49.65
Sep '25: ₹42.25 · Dec '25: ₹28.03 · Mar '26: ₹50.89 · Jun '26: ₹61.79 · Sep '26: ₹56.42 · Dec '26: ₹37.43
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E42.2528.0350.8961.7956.4237.43
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
51%
Analyst Consensus
Weakening

From 2 analysts

Mean upside-33.9%

Fundamentals

Strong

Fundamentals institutional score is 96 using growth durability 95.6.

Valuation

Premium valuation

Valuation institutional score is 42 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 0 using mean target upside -33.9%; dispersion penalty 26.1; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 53 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 8 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. fundamentals provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus WeakeningTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price11,458 target
Mean Upside-33.9%
Technical Score53%
Fundamental Score96%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 14.1% above historical median. Valuation is declining — currently in the strongly overvalued zone (z-score: +1.78). Confidence: 92%.

Live forward EPS implies next-12-month EPS of ₹377.60. Applying the stock's normalized valuation corridor produces a fair range of ₹33,519.55 to ₹37,386.18, with base value near ₹35,222.53 (+103.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹377.60

Forward P/E

45.9x

Base Fair Value

₹35,222.53

Fair Range

₹33,519.55 - ₹37,386.18

Upside To Base

+103.1%

Estimate Source

Live forward EPS

Growth Estimate

+383.9%

P/E
Strongly Overvalued

5Y Average

82.68

Current

106.42

Overvalued

99.01

Undervalued

88.77

EV/EBITDA
Strongly Overvalued

5Y Average

61.70

Current

79.42

Overvalued

71.79

Undervalued

51.43

P/B
Overvalued

5Y Average

5.82

Current

6.46

Overvalued

6.69

Undervalued

4.95

Peers & Comparison

Sector: Industrials · Theme: Industrial Machinery

Industrial Machinery Peers8 peers
Avg P/E: 53.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
KIRLOSKAR BROTHERS LTD
KIRLOSBROSIndustrial Machinery
+12.9%8.0%
41.6x
Undervalued
-22% vs avg
+1.2%
INGERSOLL-RAND INDIA LTD
INGERRANDIndustrial Machinery
-3.7%18.4%
53.6x
Fair
+1% vs avg
+18.6%
THERMAX LTD
THERMAXIndustrial Machinery
+7.1%5.5%
76.2x
Premium
+44% vs avg
+23.1%
JYOTI CNC AUTOMATION LTD
JYOTICNCIndustrial Machinery
+24.9%14.8%
54.1x
Fair
+2% vs avg
-11.9%
KSB LIMITED
KSBIndustrial Machinery
+3.6%9.0%
58.6x
Fair
+10% vs avg
-1.4%
KIRLOSKAR PNEUMATIC COM L
KIRLPNUIndustrial Machinery
+7.6%14.5%
36.4x
Undervalued
-31% vs avg
+9.7%
CYIENT DLM LIMITED
CYIENTDLMIndustrial Machinery
+34.3%6.1%
68.7x
Premium
+29% vs avg
+59.5%
AIA ENGINEERING LIMITED
AIAENGIndustrial Machinery
+9.4%28.7%
35.5x
Undervalued
-33% vs avg
+54.0%
WHY THESE PEERS

LMW LIMITED trades at a premium (106.7x vs peer avg 53.1x), implying higher growth or quality expectations from the Industrial Machinery cohort. Peers include KIRLOSKAR BROTHERS LTD, INGERSOLL-RAND INDIA LTD, THERMAX LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹853 CrJun 2026

Latest net profit

₹66 CrJun 2026

Latest EPS

₹61.79Jun 2026

Net margin

9.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%3.0%6.0%9.0%12.0%0.00 Cr250 Cr500 Cr750 Cr1.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr250 Cr500 Cr750 Cr1.00K Cr₹0₹20₹40₹60₹80
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr250 Cr500 Cr750 Cr1.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Debt free
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.50K Cr0.00 Cr1.50K Cr3.00K Cr4.50K Cr
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +1,1741,3051,166952659751711789685776767854853
Expenses +1,0661,1681,052880646715678732660728710789778
Operating Profit10913711472133533572649576575
OPM %9%10%10%8%2.0%4.7%4.6%7%3.8%6%7%8%9%
Other Income +353432402930163343539173536
Interest0010000000000
Depreciation22232225252727282829292928
Profit before tax122149123861838168633359457183
Tax %23%22%22%25%29%25%12%22%25%24%33%24%20%
Net Profit +9311697651229148492445305466
EPS in Rs87.26108.9390.4660.9811.6926.91138.4345.9822.9142.2528.0350.8961.79
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +30.80%30.80%30.80%30.80%30.80%
FIIs +5.81%5.53%5.47%5.54%5.45%
DIIs +9.85%9.78%9.77%9.55%9.50%
Public +53.52%53.87%53.95%54.09%54.23%
Others0.02%0.02%0.01%0.02%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Credit Rating

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Jul 31, 2026PDFCompany Reports Open