LMW Ltd Q1 FY27 Results Analysis: PAT Jumps 169.8%, Revenue Grows 24.5%

LMW Ltd's Q1 FY27 numbers came in strong, with revenue of Rs. 853.30 Cr (+24.50% YoY) and PAT growth of +169.80% YoY. Here's a quick read of what worked, what to watch, and what management said.

Quarter Snapshot

LMW delivered strong Q1 results with standalone revenue growth of 24.5% YoY and PAT growth of 169.8% YoY, driven by operating leverage and margin expansion. The Textile Machinery division turned profitable, Machine Tool & Foundry continued strong momentum, and Advanced Technology Centre margins improved sharply. Input cost inflation and persistent subsidiary losses remain concerns.

Key Investment Insights

Key Positives

• Revenue grew 24.5% YoY to Rs.853.30 Cr (standalone) and 24.0% YoY to Rs.860.72 Cr (consolidated).
• PAT increased 169.8% YoY to Rs.66.01 Cr (standalone) and 384.0% YoY to Rs.55.52 Cr (consolidated).
• EBITDA margin expanded from 3.6% to 8.5% (standalone).
• Textile Machinery division turned from EBIT loss of Rs.11.16 Cr to profit of Rs.10.90 Cr.
• Machine Tool & Foundry revenue grew 36.7% YoY, EBIT margin improved from 4.9% to 8.5%.
• Advanced Technology Centre revenue grew 28.3% YoY, EBIT margin surged from 8.7% to 22.0%.

Risk Factors

• Material cost grew faster than revenue (27.9% vs 24.5%), indicating input cost inflation.
• Consolidated PAT was dragged by subsidiary losses of Rs.10.50 Cr (improved from Rs.13.00 Cr in Q1FY26 but still negative).
• Standalone TMD EBIT margin at 2.3% is still low, and subsidiary TMD operations remain loss-making.