LMW Ltd - Stock Valuation and Financial Performance

BSE: 500252 | NSE: LMW | Textile - Machinery | Small Cap

LMW Share Price

17,419.70 -188.55 -1.07%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on LMW

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

MW stock performance -

mw4me loader
P/E Ratio (SA):
91.66
Market Cap:
18,609.5 Cr.
52-wk low:
13,000.1
52-wk high:
19,031.2

Is LMW Ltd an attractive stock to invest in?

1. Is LMW Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that LMW Ltd is a average quality company.

2. Is LMW Ltd undervalued or overvalued?

The key valuation ratios of LMW Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is LMW Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of LMW Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of LMW:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
LMW Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 24.5%23.8%17.5%18.4%16.9%3.9%4.3%12.6%22.7%19.3%-
Value Creation
Index
0.80.70.30.40.3-0.7-0.7-0.10.70.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,3852,5362,2132,4972,6361,5701,6903,0724,5334,5973,528
Sales YoY Gr.-6.3%-12.7%12.8%5.6%-40.4%7.6%81.8%47.6%1.4%-
Adj EPS 181.1191.8164.1182.2180.831.552.7169282.6334.1190.1
YoY Gr.-5.9%-14.5%11%-0.8%-82.6%67.3%220.8%67.3%18.3%-
BVPS (₹) 1,118.81,334.41,404.31,571.51,582.31,550.41,666.41,858.32,153.62,492.82,546.9
Adj Net
Profit
20421618020019333.656.3181302357203
Cash Flow from Ops. 10310013216512586.3156477324140-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.6%11.8%39.6%1.4%
Adj EPS 7%13.1%85.1%18.3%
BVPS9.3%9.5%14.4%15.8%
Share Price 16.2% 39.8% 26.7% 30%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
17.315.611.812.211.323.39.614.114.47.5
Op. Profit
Mgn %
12.112.611.610.710.21.53.97.58.99.46.7
Net Profit
Mgn %
8.68.58.187.32.13.35.96.77.85.8
Debt to
Equity
00000000000
Working Cap
Days
95123178177172258232199170146121
Cash Conv.
Cycle
181818161217915131065

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 39.60%

Net Profit is growing at healthy rate in last 3 years 85.12%

Return on Equity has declined versus last 3 years average to 7.50%

Sales growth is not so good in last 4 quarters at -27.24%

Latest Financials - LMW Ltd.

Standalone Consolidated
TTM EPS (₹) 190.1 187.4
TTM Sales (₹ Cr.) 3,528 3,627
BVPS (₹.) 2,546.9 2,578
Reserves (₹ Cr.) 2,693 2,743
P/BV 6.84 6.76
PE 91.66 92.94
From the Market
52 Week Low / High (₹) 13000.05 / 19031.15
All Time Low / High (₹) 52.50 / 19031.15
Market Cap (₹ Cr.) 18,609
Equity (₹ Cr.) 10.7
Face Value (₹) 10
Industry PE 65.8

Management X-Ray of LMW:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of LMW

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2,3852,5362,2132,4972,6361,5701,6903,0724,5334,597
Operating Expenses 2,0962,2171,9582,2312,3671,5471,6242,8434,1304,167
Manufacturing Costs232254223260287210202332475505
Material Costs1,4671,5201,3011,5111,5699381,0361,9632,9172,935
Employee Cost 228239241260266231230303366395
Other Costs 169204193200245168156244372332
Operating Profit 2893192562662682465229403430
Operating Profit Margin (%) 12.1%12.6%11.5%10.6%10.2%1.5%3.9%7.5%8.9%9.3%
Other Income 1069891109106948381156142
Interest 2101100000
Depreciation 97837571505052567392
Exceptional Items -9-5-5-4-37-2-22-1700
Profit Before Tax 2883282662992876474237485480
Tax 81108768897192757135109
Profit After Tax 2072201912111894547180350371
PAT Margin (%) 8.7%8.7%8.6%8.5%7.2%2.9%2.8%5.8%7.7%8.1%
Adjusted EPS (₹)184.1195.4174.0193.0177.242.144.4168.2327.9347.7
Dividend Payout Ratio (%)20%20%20%21%20%24%23%24%30%22%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1,2601,5031,5381,7221,6901,6561,7801,9852,3002,662
Share Capital 11111111111111111111
Reserves 1,2491,4921,5271,7111,6801,6461,7701,9752,2892,652
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables309295327420381341434569728560
Others Liabilities 5928658657695235177181,3161,146981
Total Liabilities 2,1622,6632,7302,9112,5942,5142,9323,8704,1744,204

Fixed Assets

Gross Block1,7494665286498148768849501,1951,343
Accumulated Depreciation1,3746566134166212225268332413
Net Fixed Assets374401462515648664659681863930
CWIP 383211230115239
Investments 129153126148189201351521581706
Inventories289299332306308274324497644558
Trade Receivables221208195263204119185323308181
Cash Equivalents 942956907970523619763461692898
Others Assets2056397046877106076401,3811,064922
Total Assets 2,1622,6632,7302,9112,5942,5142,9323,8704,1744,204

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 10310013216512586156477324140
PBT 2883282662992876474237485480
Adjustment 135-4-16-29-29-22-4-33-26
Changes in Working Capital -108-121-42-37-6282142311-75-195
Tax Paid -91-112-88-81-71-31-38-66-53-119
Cash Flow From Investing Activity -41-6668-2030-70-144-445-245-61
Capex -87-113-118-127-171-75-21-72-249-144
Net Investments 0-6650-51-43-58-111-40-5
Others 465212110725149-65-2614588
Cash Flow From Financing Activity -40-52-195-47-215-45-11-11-43-105
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1-10-1-100000
Dividend Paid -34-42-45-38-44-37-11-11-43-105
Others -6-9-150-8-170-80000
Net Cash Flow 22-18598-61-2912136-26
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)17.5415.9312.5312.9711.092.692.769.5416.3414.97
ROCE (%)24.4923.8117.5418.3916.853.874.3212.5922.6619.34
Asset Turnover Ratio1.231.140.90.910.960.610.620.91.131.1
PAT to CFO Conversion(x)0.50.450.690.780.661.913.322.650.930.38
Working Capital Days
Receivable Days29283033323833302519
Inventory Days40394746436865494648
Payable Days7573879093140136938180

LMW Ltd Stock News

LMW Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of LMW on 20-Dec-2024 16:59 is ₹17,419.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of LMW stood at ₹18,609.5.
The latest P/E ratio of LMW as of 20-Dec-2024 16:59 is 91.66.
The latest P/B ratio of LMW as of 20-Dec-2024 16:59 is 6.84.
The 52-week high of LMW is ₹19,031.2 and the 52-week low is ₹13,000.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of LMW is ₹3,528 ( Cr.) .

About LMW Ltd

Lakshmi Machine Works Limited, a leading textile machinery manufacturer in India and one among the three in the world to produce the entire range of Spinning Machinery. In 1962, Lakshmi Machine Works (LMW) was founded to provide Indian textile mills with the latest Spinning Technology. It caters to the domestic market as well as exports products to the Asian and Oceanic regions.

LMW diversified into CNC Machine Tools and is a brand leader in manufacturing customised products. LMW Foundry makes Precision Castings for industries world over. LMW has added the Advanced Technology Centre to manufacture components for the aerospace industry.

Business area of the company

The company is engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings and parts and components for Aero space industry. The company caters to both domestic and international markets.

Business Division

  • Textile Machinery Division
  • Machine Tool Division
  • Foundry Division
  • Advanced Technology Centre

Awards

2014-15

  • TMMA, Apex Award for the year 2013-14
  • EEPC, Star Performer, Large Enterprises Regional Award for the year 2012-13
  • TMMA R & D Award for Ring Frame LRJ9

2015-16

  • EEPC Regional Export Award (Star Performer - Large Enterprise) for outstanding export performance during the year 2013-14
  • TMMA Segment Export Award under the category of Textile Machinery for the year 2014-15.
  • TMMA R&D Award for Card LC363 for the year 2014-15

2016-17

  • Star Performer Award for the year 2014-15 at the 47th EEPC India National Award.
  • Star Performer Award for the year 2015-16 at the 48th EEPC India National Award.
  • TMMA’s APEX Export Award for Textile Machinery & Parts during 2015-16.

2017-18

  • EEPC India Regional Award for outstanding export performance for the year 2015-16 (Star Performer - Large Enterprise).
  • TMMA R&D Award - Speed Frame LF 4200.
  • I - Mark recognition for good design - Mini Ring Frame LMR 9.

2018-19

  • TMMA Special Export Award 2017-18 - Spinning Machinery Sector
  • EEPC Southern Regional Award 2016-17 Star Performer - Large Enterprise
  • R&D Award from TMMA - for Draw frame LDF 3

2019-20

  • EEPC Regional Award under category “Star Performer-Large Enterprises” for the year 2017-18
  • TMMA “Segment Export Award” under the category Textile Machinery Sector for the year 2018-19
  • Gargi Huttenes-Albertus Green Foundry Award from Indian Institute of Foundrymen, Coimbatore Chapter
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