LMW Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript LMW Ltd filed with BSE on 31 Jul 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
LMW reported consolidated revenue of Rs 902 crore for Q1 FY27 with profit of Rs 75 crore, while the standalone period revenue was Rs 891 crore and PBT was Rs 85 crore, up from Rs 34 crore a year earlier. Management discussed segment performance across Textile Machinery Division (TMD), Machine Tool Division (MTD), Advanced Technology Center (ATC) and the Foundry division, along with order book levels and capacity utilization. Management also addressed cost pressures from currency movements and commodity costs, and fielded questions on capex plans, margins and new business exploration.
1 statement from this call is not shown because its supporting quote could not be reproduced within our quoting limits. Nothing shown here is affected: every statement on this page carries its verified quote.
Numbers mentioned
Revenue: 891 crores (Q1 FY27 (period ended June 26))
p. 2
“The revenue for the period ended June 26 is at 891 crores as against 889 crores for March 26 which is almost flat, when compared to June 25 quarter end it was 722 crores, that's an increase of 24%.”
Mr. V. Senthil (CFO), page 2 of the filed PDF · View the filing
PBT: 85 crores (Q1 FY27)
p. 2
“The PBT for the period stands at 85 crores as against 72 crores for the previous quarter with an increase of 18% and when compared to the quarter ended June 25 where it was 34 crores, that's an increase of around 151%.”
Mr. V. Senthil (CFO), page 2 of the filed PDF · View the filing
TMD Revenue: 482 crores (Q1 FY27)
p. 2
“Going to division wise detail, TMD revenue stands at 482 crores for the current quarter as against 485 for the previous quarter and revenue for the quarter end of June 25 was 415 crores which is up by 16% compared to the current quarter.”
Mr. V. Senthil (CFO), page 2 of the filed PDF · View the filing
TMD order book: 3200 crores
p. 2
“With respect to the order book, currently we hold an order book of 3200 crores for TMD of which the active orders are around 2,400 crores.”
Mr. V. Senthil (CFO), page 2 of the filed PDF · View the filing
LMW Global turnover: 51 crores (Q1 FY27)
p. 2
“With respect To LMW Global, the turnover for the quarter stands at 51 crores as against a comparative number of 54 crores for the previous quarter.”
Mr. V. Senthil (CFO), page 2 of the filed PDF · View the filing
LMW China turnover: 11 crores (Q1 FY27)
p. 3
“In LMW China for the quarter the turnover is 11 crores and comparative period last year it stood at 76 crores and the loss during the current quarter is 7 crores as against a loss of 11.5 crores during the previous quarter, the order book on hand in China stands at 128 crores.”
Mr. V. Senthil (CFO), page 3 of the filed PDF · View the filing
Machine Tool Division and Foundry revenue: 343 crores (Q1 FY27)
p. 3
“It is 343 crores for the current quarter as against 352 crores for the previous quarter, and it was 251 crores for the quarter ended June 25.”
Mr. V. Senthil (CFO), page 3 of the filed PDF · View the filing
ATC revenue: 60 crores (Q1 FY27)
p. 3
“With respect to ATC, the revenue for the current quarter stands at 60 crores as against 57 crores for the previous quarter and for the quarter ended June 25 it was 46 crores.”
Mr. V. Senthil (CFO), page 3 of the filed PDF · View the filing
Consolidated revenue: 902 crores (Q1 FY27)
p. 3
“At a consolidated level, the revenue stands at 902 crores for the current quarter as against 972 crores during the previous quarter and the profit is at rupees 75 crores as against rupees 78 crores during the previous quarter.”
Mr. V. Senthil (CFO), page 3 of the filed PDF · View the filing
ATC order book: thousand crores (three to three and a half years)
p. 8
“The order book for ATC is in the region of thousand crores of orders for execution over a period of three years, three to three and a half years.”
Mr. V. Senthil (CFO), page 8 of the filed PDF · View the filing
Machine Tool Division capacity utilization: 75 to 80%
p. 8
“With respect to mission tool division the capacity utilization will be in the region of 75 to 80%.”
Mr. V. Senthil (CFO), page 8 of the filed PDF · View the filing
Textile division utilization: around 60 percent (Q1 FY27)
p. 15
“Textile utilization still hovers around 60 percent.”
Mr. V. Senthil (CFO), page 15 of the filed PDF · View the filing
ATC revenue mix - composite vs metallics: 20% composite, 80% metallics (Q1 FY27)
p. 8
“Yeah, 20% within this turnover 20% is composite and 80% is Metallics portion of it.”
Mr. V. Senthil (CFO), page 8 of the filed PDF · View the filing
MTD automotive revenue share: around 56% (Q1 FY27)
p. 14
“See Machine Tool Division this quarter, around 56% is automotive.”
Mr. V. Senthil (CFO), page 14 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
ATC new facility capex — 150 crores worth of land and building · 18 to 24 months
stated firmly by Mr. V. Senthil (CFO)
p. 13
“So, ATC is going to be for. We are going to have I think 150 crores worth of land building being built.”
Mr. V. Senthil (CFO), page 13 of the filed PDF · View the filing
Machine Tool Division margin — double digit margins
stated as an aspiration by Mr. V. Senthil (CFO)
p. 15
“But definitely the effort is to ensure full capacity utilization. That's where the push is towards.”
Mr. V. Senthil (CFO), page 15 of the filed PDF · View the filing
Auto winder orders — more orders for more rollouts · last quarter of this year
stated conditionally by Mr. V. Senthil (CFO)
p. 12
“We will be booking orders closer to the last quarter of this year.”
Mr. V. Senthil (CFO), page 12 of the filed PDF · View the filing
Machine Tool Division capacity — 15% more than currently done
stated as an aspiration by Mr. V. Senthil (CFO)
p. 12
“So, in a very comfortable manner, it Can still do 15% more than what we do currently because the capacity is what we've actually built for this division over the last three years.”
Mr. V. Senthil (CFO), page 12 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said it is an enabling resolution to explore multiple options including EV and an advanced technology center, with disclosures to follow if significant.
Answered by Mr. V. Senthil (CFO)
Asked by Mr. Divyam Doshi: What triggered the plan of expanding into six new divisions, including pharma and specialty chemicals?
p. 4
“Okay, I think yes, this is an enabling resolution. The idea is to, and it is not just pharma chemical. You'll have EV there; you have got advanced technology center there.”
Mr. V. Senthil (CFO), page 4 of the filed PDF · View the filing
Management said the order book is secured by deposits, cited state subsidy policies and FTAs as demand triggers, and expressed confidence of gradual recovery in spindle absorption.
Answered by Mr. V. Senthil (CFO)
Asked by Mr. Lakshmi Narayanan: How secure is the domestic TMD order book given tariff-related uncertainty?
p. 5
“This is from my side secured order book. Yes, it's a secured order book because what we take into order book is only where we have 10% deposit and so that order book is secured.”
Mr. V. Senthil (CFO), page 5 of the filed PDF · View the filing
Management described a general project versus unitary machine split, said the order book skews more unitary machines currently, and declined to disclose customer-level detail.
Answered by Mr. V. Senthil (CFO)
Asked by Mr. Lakshmi Narayanan: What is the split of the order book between projects and unitary machines, and what customer profile is driving it?
p. 7
“Generally you will find 60% would go. Towards projects 40% would go towards unitary machines or non-projects machines.”
Mr. V. Senthil (CFO), page 7 of the filed PDF · View the filing
Management attributed the higher margin to a mix shift toward assembled components versus components this quarter, and said it would normalize to prior year levels.
Answered by Mr. V. Senthil (CFO)
Asked by Mr. Manish Goyal: What is driving the ATC margin improvement this quarter, and what is the outlook?
p. 13
“The margin for the current quarter has been a little bit higher considering that there was lot of the ratio the mix of products versus assembled components.”
Mr. V. Senthil (CFO), page 13 of the filed PDF · View the filing
Management said cost optimization efforts, including VRS costs taken in the prior quarter, are behind the disciplined expense growth.
Answered by Mr. V. Senthil (CFO)
Asked by Mr. Manish Goyal: Why did other expenses grow only 4% while revenue grew 25% YoY?
p. 13
“In fact, you would have seen VRS Cost in the current quarter. We have seen a VRS cost in the last quarter because again yes things are looking positive both for Machine Tool division, ATC and textile are slowly picking up.”
Mr. V. Senthil (CFO), page 13 of the filed PDF · View the filing
Management said margin recovery depends on turnover growth and fuller utilization of the larger capacity base built up in recent years, without committing to a timeline.
Answered by Mr. V. Senthil (CFO)
Asked by Mr. Ritwik Sheth: What would it take for MTD margins to return to historical 12-14% EBIT levels?
p. 15
“A turnover to get turnover increase and. Utilisation of capacity will give us better numbers and we can't put a timeline on that.”
Mr. V. Senthil (CFO), page 15 of the filed PDF · View the filing
Management confirmed cost increases across commodities, fuel and gas, estimated at three to three and a half percent, and described supply chain resilience efforts.
Answered by Mr. V. Senthil (CFO)
Asked by Mr. Rahul Kumar Mishra: Is the Middle East crisis impacting raw material, commodity, and logistics costs?
p. 12
“It could be anywhere up from between three to three and a half percent where the costs would have, would be going up.”
Mr. V. Senthil (CFO), page 12 of the filed PDF · View the filing
Risks flagged
Rising commodity, fuel and logistics costs linked to geopolitical tension
p. 12
“So, if you look at LPG, if you look at our sheet metal process, we use helium. If you look at So transport costs are up, commodity cost is up, everything is up to some extent.”
Mr. V. Senthil (CFO), page 12 of the filed PDF · View the filing
Currency appreciation of USD and Euro impacting input costs
p. 10
“Yes, there is an impact of, of this on our cost not only in Machine Tool Division, in Textile Machinery as well.”
Mr. V. Senthil (CFO), page 10 of the filed PDF · View the filing
Material availability constraints affecting production pipeline
p. 12
“Availability was also becoming an issue last quarter. It has eased a little bit, but still availability is something we always very keenly look towards to ensure that at any point in time we have got visibility of four months or five months of pipeline of material available to back up the sales.”
Mr. V. Senthil (CFO), page 12 of the filed PDF · View the filing
Strain on synthetic spinning margins for customers
p. 5
“The margins on synthetics are under a bit of strain, but they are still making money, and they would have to modernize either which phase, or it would be very difficult for them to be cost competitive and cost efficient.”
Mr. V. Senthil (CFO), page 5 of the filed PDF · View the filing
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