Lakshmi Machine Works

LMW Limited
Company type	Public
Traded as	NSE: LAXMIMACH; BSE: 500252;
Industry	Textile, Machine tool, Steel & GI Foundry, Aerospace, Defence
Founded	1962
Headquarters	Coimbatore, Tamil Nadu, India
Key people	Sanjay Jayavarthanavelu (Chairman & Managing Director); R. Rajendran (Director Finance)
Products	Textile Machinery, Machine Tool, Windmill, Automotive, Earth-mover equipment etc.
Revenue	₹25.00 billion (US$300 million) (2017)
Net income	₹1.80 billion (US$22 million) (2017)
Total assets	₹23.67 billion (US$280 million) (2017)
Total equity	₹15.58 billion (US$190 million) (2017)
Number of employees	5000+
Website	https://www.lmwglobal.com/,

LMW Limited is India's largest textile machinery and CNC machine tool manufacturers, based in Coimbatore and founded by Dr. G.K. Devarajulu. It started its operation in 1962 in Periyanaickenpalayam in Coimbatore city with technical collaboration with Swiss-based textile machinery manufacturer Rieter for textile machines and German based steel and ammunition major Krupp. In mid-1980s the company bought over its Coimbatore based longtime rival and an older textile and engineering giant Textool. The company is promoted and owned by the Lakshmi Mills family.

References

^ ^a ^b ^c ^d "Financial Results of LMW for the AY 2017-18 – Eazy Tax India". Archived from the original on 18 June 2018. Retrieved 18 June 2018.

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Sources

^ S, Sendhil (15 October 2024). "Laser Cutting Services in Coimbatore". Universal Machine Works.

[eazytaxindia1-1] "Financial Results of LMW for the AY 2017-18 – Eazy Tax India". Archived from the original on 18 June 2018. Retrieved 18 June 2018.

[2] S, Sendhil (15 October 2024). "Laser Cutting Services in Coimbatore". Universal Machine Works.

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