LMW Q4 Profit Rises, Declares ₹35 Dividend

1 min read     Updated on 22 May 2026, 08:52 AM
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LMW has recommended a final dividend of ₹35 per share for FY26, with the record date set for July 17, 2026. For the quarter ended March 31, 2026, the company reported a net profit of ₹54.37 crore, up from ₹49.12 crore in the previous year, while revenue rose to ₹853.69 crore. The board also approved the re-appointment of key directors and an additional investment in its UAE subsidiary.

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LMW has recommended a final dividend of ₹35 per share for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting. The board has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility. The Register of Members and Share Transfer Books will remain closed from Saturday, July 18, 2026, to Friday, July 24, 2026, both days inclusive, for the purpose of the Annual General Meeting and dividend payment.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹54.37 crore, an increase from ₹49.12 crore in the corresponding quarter of the previous year. Revenue from operations rose to ₹853.69 crore compared to ₹788.81 crore year-on-year. Total income from operations reached ₹889.37 crore, up from ₹822.47 crore in the same period last year.

Metric Q4 FY26 Q4 FY25
Net Profit ₹54.37 crore ₹49.12 crore
Revenue ₹853.69 crore ₹788.81 crore
EBITDA ₹71.80 crore ₹62.67 crore
Total Income ₹889.37 crore ₹822.47 crore

Corporate Decisions

The board has recommended the re-appointment of Sri Sanjay Jayavarthanavelu as Managing Director for a period of five years commencing from April 1, 2027. Additionally, the board recommended the re-appointment of Sri M Sankar as Wholetime Director (Designated as Director Operations) for three years starting October 25, 2026. The company also approved the appointment of Sri Narayanan Vellayan as an Independent Director for a term of five years effective July 25, 2026. Furthermore, the board approved an additional investment in LMW Holding Limited, a wholly-owned subsidiary in the UAE, for a cash consideration not exceeding USD 30 million. The board also recommended the appointment of M/s Brahmayya & Co., Chartered Accountants, as the Statutory Auditors for a term of five years commencing from the financial year 2026-27, subject to shareholder approval.

Historical Stock Returns for LMW

1 Day5 Days1 Month6 Months1 Year5 Years
+4.94%+2.19%+1.98%-2.63%-14.31%+118.90%

How might LMW's USD 30 million additional investment in its UAE subsidiary LMW Holding Limited shape its international expansion strategy and revenue contribution from overseas markets in the coming years?

Given LMW's consistent year-on-year profit and revenue growth, what are the key demand drivers in the textile machinery sector that could sustain or accelerate this momentum through FY27?

With Sanjay Jayavarthanavelu's re-appointment as Managing Director effective April 2027, what strategic priorities and capital allocation decisions are likely to define LMW's next five-year growth roadmap?

LMW Limited schedules 63rd AGM on July 24, 2026

0 min read     Updated on 21 May 2026, 04:29 AM
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LMW Limited's Board approved convening the 63rd Annual General Meeting on July 24, 2026, at 2:45 PM via Video Conferencing or Other Audio-Visual Means.

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lmw has announced that its Board of Directors has approved the convening of the 63rd Annual General Meeting of the Company. The decision was taken during a meeting held on May 20, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The 63rd Annual General Meeting is scheduled to take place on Friday, July 24, 2026. The proceedings are set to commence at 2:45 PM. The company has facilitated remote participation for shareholders, allowing attendance through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

Meeting Details

The following table outlines the key details regarding the upcoming Annual General Meeting:

Event Date Time Mode
63rd Annual General Meeting July 24, 2026 2:45 PM Video Conferencing / OAVM

The communication regarding the meeting schedule has been formally submitted to the BSE Limited and the National Stock Exchange of India Limited for their records.

Historical Stock Returns for LMW

1 Day5 Days1 Month6 Months1 Year5 Years
+4.94%+2.19%+1.98%-2.63%-14.31%+118.90%

What key financial performance metrics and dividend announcements is LMW likely to present at the 63rd AGM given its recent business trajectory?

Will LMW's management address any major capital expenditure plans or expansion into new textile machinery segments during the AGM?

How might LMW's strategic outlook for FY2027 be shaped by current trends in India's textile industry and government production-linked incentive schemes?

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1 Year Returns:-14.31%