Case study

LMW

Lakshmi Machine Works Limited

Tread carefully1y model +7.9%

Each stock's 10,000-path forecast, rendered as light.

41Score

Lakshmi Machine Works Limited (LMW) Stock Analysis & Case Study

Is LMW a good buy? The data-driven verdict.

Lakshmi Machine Works Limited (LMW) trades at ₹16,629,on the numbers it tread carefully, a Downstox Snapshot Score of 41/100.

On the numbers, Lakshmi Machine Works Limited (LMW) tread carefully, a Downstox Snapshot Score of 41/100, weighing expensive at 97.2× earnings, ROE of 4.0%, a 60% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

LMW fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹17,765 Cr
Current price
₹16,629
P/E ratio
97.2×
P/B ratio
6.20×
Book value
₹2,683
Dividend yield
0.21%
ROCE
5.6%
ROE
4.0%
Piotroski F-Score
4/8

How LMW ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for LMW, as of 9 Aug 2026, so it is not ranked here.

Is LMW overvalued? LMW P/E vs peers

LMW trades at 97.2× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

LMW share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of LMW history (15%/yr drift, 30%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
LMW 2027₹12,187₹17,941₹26,413+8%
LMW 2028₹11,206₹19,358₹33,438+16%
LMW 2029₹10,861₹20,885₹40,161+26%
LMW 2030₹10,458₹22,534₹48,553+36%
LMW 2031₹10,370₹24,312₹57,002+46%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability LMW goes up, or doubles?

60%
Higher in 1 year
Modelled chance the price is above today in 12 months
71%
Higher in 5 years
Modelled chance the price is above today in 5 years
33%
Doubles in 5 years
Modelled chance of reaching ₹33,258 within 5 years

The bull case for LMW

  • A 10,000-path probability model puts a 60% chance the price is higher in a year, with a median target of ₹17,941 (+8%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹40,161.

The bear case & risks

  • LMW's P/E of 97.2x is lower than 11% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • LMW's return on equity of 4.0% ranks in the 26th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹10,861.

LMW volatility & expected range, how bumpy is the ride?

Over the last 9.8 years LMW compounded at 15%/year with annualized volatility of 30%. That volatility implies a 1-year 80% range of ₹12,187-₹26,413, the honest backbone behind any single price target.

LMW price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
7.9%
80% range₹12,187-₹26,413
P(price ↑)60%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
25.6%
80% range₹10,861-₹40,161
P(price ↑)67%
P(price 2×)18%
5-Year Forecast
2031
₹0
Median (P50)
46.2%
80% range₹10,370-₹57,002
P(price ↑)71%
P(price 2×)33%

LMW price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
LMW simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds LMW hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the LMW price target & forecast page.

LMW Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. LMW scores 4/8, mixed financial health.

LMW MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy LMW with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST29.54%3.4×
Groww29.64%3.4×
Dhan30.00%3.3×
Kotak Neo34.97%2.9×
Paytm Money30.42%3.3×
Pocketful29.75%3.4×
Fyers30.30%3.3×
Anand RathiCHEAPEST29.54%3.4×
Bajaj Broking31.00%3.2×
Share India29.61%3.4×

Compare every broker on the LMW MTF page.

About Lakshmi Machine Works Limited: sector, index & market-cap context

Lakshmi Machine Works Limited (LMW) is a small-cap NSE-listed company, with a market capitalisation of ₹17,765 Cr. See more stocks on our screener.

How the LMW Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Lakshmi Machine Works Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

LMW analysis, FAQs

Is Lakshmi Machine Works Limited (LMW) a good buy?

On the numbers, Lakshmi Machine Works Limited (LMW) tread carefully, a Downstox Snapshot Score of 41/100, weighing expensive at 97.2× earnings, ROE of 4.0%, a 60% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is LMW overvalued or undervalued?

LMW trades at 97.2× earnings, expensive versus the ~22× long-run Nifty average.

What is the LMW share price target for 2031?

LMW's probability-weighted 2031 median target is ₹24,312, with an 80% range of ₹10,370-₹57,002 (10,000-path Monte-Carlo).

What is the probability LMW doubles in 5 years?

The modelled probability of LMW reaching ₹33,258 (2×) within 5 years is 33%.

What is the bull case for LMW?

A 10,000-path probability model puts a 60% chance the price is higher in a year, with a median target of ₹17,941 (+8%).

What are the risks in LMW?

LMW's P/E of 97.2x is lower than 11% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. LMW's return on equity of 4.0% ranks in the 26th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on LMW