LMW Limited reported a consolidated revenue of ₹902 crore for the quarter ended June 2026, remaining largely flat compared to the previous quarter’s ₹972 crore but rising 24% year-on-year from ₹722 crore in June 2025. Profit before tax (PBT) surged 151% YoY to ₹85 crore, up from ₹34 crore in the corresponding period last year and an 18% increase quarter-on-quarter from ₹72 crore. The company’s net profit stood at ₹75 crore, slightly down from ₹78 crore in the previous quarter.

The Textile Machinery Division (TMD) contributed ₹482 crore to revenue, down marginally from ₹485 crore in the prior quarter but up 16% YoY from ₹415 crore. The division maintains a secured order book of ₹3,200 crore, with active orders totaling ₹2,400 crore. Sales mix for the quarter was 64% domestic, 10% exports, and 26% spares. Management highlighted that state policies in Gujarat, Odisha, and Madhya Pradesh, along with Free Trade Agreements (FTAs), are driving new order inflows despite a broader industry slowdown in spindle installations over the past two years.

Segment Performance

The Advanced Technology Centre (ATC) division reported revenue of ₹60 crore, up from ₹57 crore in the previous quarter and ₹46 crore in June 2025. ATC holds an order book of approximately ₹1,000 crore for execution over three to three-and-a-half years, with 90% of this value tied to exports. The revenue split within ATC is 80% metallics and 20% composites. Margins in ATC improved due to a higher mix of assembled components versus raw materials.

The Machine Tool Division and Foundry generated revenue of ₹343 crore, down from ₹352 crore in the prior quarter but up significantly from ₹251 crore in June 2025. The foundry business accounts for roughly 8% of this segment’s revenue. Capacity utilization in the Machine Tool Division stands at 75-80%, with management noting potential to increase output by 15-20% without additional capital expenditure. Revenue breakdown for this division was 56% automotive, with the remainder spread across EMS, general engineering, and other sectors.

International subsidiaries faced mixed results. LMW Global reported turnover of ₹51 crore against a loss of ₹5.6 crore, while LMW China saw turnover drop sharply to ₹11 crore from ₹76 crore in the prior year, though losses narrowed to ₹7 crore from ₹11.5 crore. LMW China holds an order book of ₹128 crore.

What the Numbers Show

A key analytical observation is the divergence between top-line growth and expense control. While consolidated revenue grew 24% YoY, other expenses increased by only 4%, indicating significant operational leverage. This efficiency was partly driven by voluntary retirement scheme (VRS) costs incurred in the previous quarter and ongoing cost optimization initiatives. Additionally, the surge in PBT (151% YoY) outpaced revenue growth, suggesting that margin expansion in high-value segments like ATC and improved capacity utilization in machine tools are driving profitability more than volume growth alone.

Management noted that input costs, including commodities and logistics, have risen by 3-3.5% due to geopolitical tensions in the Middle East. However, supply chain resilience measures and price revision clauses in contracts for ATC and Foundry divisions are helping mitigate these impacts. The company also announced plans for a new ATC facility with ₹150 crore allocated for land and building construction over 18-24 months to support scaling operations.

LMW Limited has made the audio recording of its analyst conference call available to investors. The call took place on Monday, July 27, 2026, at 4:00 P.M. (IST). The company shared the link on July 28, 2026, as part of its ongoing disclosure obligations to the BSE and NSE.

The audio file is hosted on the company’s website under the investor relations section. This follows a previous communication dated July 14, 2026, regarding the scheduling of the event. The move ensures transparency and allows stakeholders who could not attend live to review management’s commentary.

Call Details

C R Shivkumaran, Company Secretary & Compliance Officer, signed the disclosure letter. The document was submitted to the Listing Departments of both the Bombay Stock Exchange and the National Stock Exchange of India Limited.

Investor Access

Investors can access the recording directly through the provided URL on the LMW Limited website. The file is stored in the meeting information folder for the year 2026. This practice aligns with standard regulatory requirements for listed entities to maintain accessible records of significant investor interactions.