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30-Jan-2026

LMW

Active TMD order book stands at Rs 1500 crore


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LMW hosted a conference call on Jan 29, 2026. In the conference call the company was represented by  V Senthil, CFO.

Key takeaways of the call

TMD order book was Rs 2600 crore of which active orders were Rs 1500 crore.  LMW China order book stood at Rs 6 crore.

TM demand is cyclical and every eight year there will be a down cycle and upcycle. Post slowdown of 18 months there was an anticipation of bounce back of TM demand but the tariff issue was not expected.  This put a spoke.    Order flow has been better in Q3FY26 compared to last year 12 months.  Right actions have been taken up but confidence has to come back in end use segment for demand to pickup. 

Every eight year there will be a down cycle and upcycle.

During the down time the company continues to invest in new TM products as well as on efficiency improvement of its manufacturing plant....



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