LMW Ltd reported strong Q1 FY27 results with standalone revenue up 24% to ₹891 crore and PBT surging 151% to ₹85 crore. A robust ₹3,200 crore order book provides visibility, though rising input costs are a concern.
LMW Ltd: Q1 FY27 Revenue Jumps 24%, Profitability Soars 151%
Standalone Revenue: ₹891 crore (Q1 FY27) vs ₹722 crore (Q1 FY26) Standalone PBT: ₹85 crore (Q1 FY27) vs ₹34 crore (Q1 FY26) Reader Takeaway: Strong revenue and profit growth driven by core business, but rising input costs are a key concern. ## What just happened LMW Limited announced its first-quarter results for FY 2026-27, showcasing significant year-over-year improvements. Standalone revenue grew by 24% to ₹891 crore from ₹722 crore in the prior year's quarter. The company's standalone Profit Before Tax (PBT) saw a substantial increase of 151%, reaching ₹85 crore compared to ₹34 crore in Q1 FY 25-26. Consolidated revenue stood at ₹902 crore, with consolidated profit at ₹75 crore. ## Why this matters The strong top-line and bottom-line growth indicates improving operational performance and demand for LMW's products. The robust order book provides forward revenue visibility, which is crucial for investor confidence. However, concerns around rising input costs and currency fluctuations highlight potential margin pressures ahead. ## The backstory LMW has been focusing on strengthening its core Textile Machinery Division (TMD), which contributed ₹482 crore to the quarter's revenue. The company's order book for TMD has remained a key positive, with total orders at ₹3,200 crore, of which ₹2,400 crore are active. Management has highlighted that the 10% deposit on these orders helps mitigate execution risks. ## What changes now LMW is embarking on a strategic expansion for its Advanced Technology Centre (ATC) division, with plans to invest ₹150 crore over 18-24 months for new land and facilities. This investment is aimed at long-term growth and exploring new business avenues. ## Risks to watch Key risks identified include rising input costs like fuel, gas, and commodities, which have increased by 3-3.5% and could pressure margins. The company is also monitoring the impact of currency fluctuations, particularly the appreciation of the Euro and USD, which affects input costs. The performance of its subsidiary, LMW China, which reported a loss of ₹7 crore on a turnover of ₹11 crore, also requires attention. ## Peer comparison While specific peer comparisons were not detailed in the filing, LMW's performance in textile machinery and machine tools competes within an industry influenced by global manufacturing trends and demand for automation. Companies in this segment often face similar challenges regarding input costs and currency volatility. ## Context metrics (time-bound) LMW's standalone revenue in Q1 FY27 was ₹891 crore, a 24% increase from ₹722 crore in Q1 FY26. Standalone PBT increased by 151% YoY to ₹85 crore. The TMD order book stands at ₹3,200 crore total and ₹2,400 crore active. The ATC division expansion will see ₹150 crore invested over 18-24 months. ## What to track next Investors will be closely watching LMW's ability to manage input cost pressures and leverage currency hedging strategies. The progress of the ATC facility expansion and its contribution to future growth, along with the sustainability of demand for textile machinery, will be key factors to monitor.
