LMW Limited has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹35 per share for the financial year ended March 31, 2026. The dividend, recommended by the Board of Directors on May 20, 2026, translates to 350% of the face value of ₹10 per share and is payable only after approval by shareholders at the upcoming Annual General Meeting.

The 63rd Annual General Meeting is scheduled to be convened at 2:45 PM IST on Friday, July 24, 2026, through Video Conference or Other Audio-Visual Means without a physical venue. Members participating via video conference will be counted for the purpose of quorum under Section 103 of the Companies Act, 2013. The Notice of the AGM and the Annual Report will be sent via email to registered members and made available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.

Shareholders must ensure their bank details and email addresses are updated to receive the payout electronically, as physical dividend warrants are no longer issued. Shareholders holding shares in demat form must update details with their Depository Participant, while those holding physical shares must submit Form ISR-1 to the Registrar and Share Transfer Agent, MUFG Intime India Private Limited. The company will not pay dividends through physical mode.

Additionally, shareholders are required to submit necessary documents or declarations regarding Tax Deduction at Source (TDS) on dividend to the Registrar and Share Transfer Agent by July 24, 2026. This will enable the company to apply the appropriate TDS percentage, as dividends are taxable in the hands of recipients under the Income Tax Act, 2025.

Key AGM and Dividend Details

LMW Limited has reported its financial results for the year ended March 26, 2026. The company recorded a revenue of ₹3,082 crores, an increase of 6% compared to ₹2,909 crores in the previous year. Profit Before Tax (PBT) for the year stood at ₹221 crores, a significant rise of 42% from ₹155 crores in the prior year. The financial performance includes exceptional items amounting to approximately ₹11.5 crores for the year and ₹1.68 crores for the quarter, attributed to the new labor code and VRS outgo.

Segment Performance

The Textile Machinery Division (TMD) reported revenue of ₹1,801 crores for the current year, slightly down by 2% from ₹1,840 crores. However, the division returned to profitability, recording a profit of ₹9.75 crores compared to a loss of ₹15.64 crores in the previous year. The Machine Tool Division and Foundry saw revenue grow to ₹1,205 crores from ₹1,003 crores. The Advanced Technology Centre (ATC) contributed ₹207 crores in revenue, up from ₹169 crores.

Order Book and Outlook

The company holds a total order book of ₹3,300 crores, with active orders amounting to approximately ₹2,300 crores. The sales mix for the year was 66% domestic, 8% exports, and 26% spares. Management indicated a positive outlook for the textile sector, noting improved spreads for cotton spinners and increased order intake in the fourth quarter. The Machine Tool division continues to see strong traction, particularly in the defense and aerospace sectors.

Consolidated Results

On a consolidated basis, revenue reached ₹3,353 crores for the current year against ₹3,137 crores in the previous year. Consolidated profit stood at ₹195 crores, compared to ₹151 crores in the prior year. The company also addressed investor queries regarding capacity utilization, which is currently around 50-55% for the textile division and 70-75% for the machine tool division.