'
LMW (formerly Lakshmi Machine
Works) hosted a conference call on Jan 27, 2025. In the conference call the
company was represented by V Senthil,
Chief Financial Officer, and B.
Dhanalakshmi, Senior General Manager.
Key takeaways of the call
LMW standalone TMD order book was
Rs 3100 crore of which active order book being Rs 2300 crore. OB of LMW Global is Rs 280 crore (Excluding
the export order of LM standalone) and that of LMW China is Rs 22 crore.
TMD and foundry division operated
on 5days working per week. The capacity
utilization is 50%.
Revenue mix of TMD for Q3FY25 was
71% domestic, 7% exports and 22% spares.
TMD – couple of positive and
negatives are happening. Slowdown experience in last one and half is unique/longest
and that is across the globe. Most of the customers are running at full
capacity utilization but the spread between cotton and yarn is not...
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