Lumax Industries Limited share price

NSE: LUMAXIND · ISIN INE162B01018

Key numbers

Market cap
₹ 5,393 Cr
Current price
₹ 5,769.00
52-week high / low
₹ 6,935 / 4,480
Stock P/E
28.8
Book value
₹ 981.5
Dividend yield
0.95%
ROCE
16.7%
ROE
20.4%
Debt to equity
1.06
Sales growth (3 yrs)
21.4%
Profit growth (3 yrs)
18.7%
1-year return
25.5%

About Lumax Industries Limited

Lumax Industries Limited manufactures and sells automotive components for in India. The company offers automotive lighting systems, including LED light, headlamps, tail lamps, fog lamps, turn indicators, and auxiliary lamps, LED modules, HVAC control panels, as well as electronic components. It serves passenger cars, commercial vehicles, four-wheelers, two-wheelers, and tractors in farm equipment segment catering to original equipment manufacturers. Lumax Industries Limited was founded in 1945 and is headquartered in Gurugram, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9231,0091,0531,2001,223
Operating profit8289111124110
Net profit3636475451
EPS (₹)38.7138.1349.7957.8754.64

Concall summary (2026-08-18)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • EBITDA for the quarter came in at INR 113 crore, up from INR 85 crore in Q1 FY 26, reflecting a growth of 34%.
  • EBITDA margin stands at 9.2%, in line with Q1 FY 26 despite external headwinds.

Growth & demand

  • The Passenger Vehicle (PV) production grew by 17% y-o-y to 14.5 lakh units, driven by sustained demand for utility vehicles, premiumization trends and continued new model launches.
  • The 3-Wheeler production recorded the strongest growth of 39%, reaching 3.5 lakh units, led by healthy replacement demand, growth in last mile mobility and improving urban transportation activity.

Margins & costs

  • EBITDA for the quarter came in at INR 113 crore, up 34% y-o-y and EBITDA margins of 9.2%.
  • As we move into the festive season, demand is expected to remain healthy, although the industry continues to closely monitor commodity prices, input cost inflation and geopolitical developments.

Capex & expansion

  • OEMs (Original Equipment Manufacturers) have adopted a calibrated approach towards passing the cost increases to customers, encouraged by strong order visibility and a favourable midterm outlook, several OEMs have also announced capacity expansion plans across vehicle segments.
  • From a capacity point of view, our Bengaluru plant expansion to support Maruti and Toyota's upcoming models is progressing satisfactorily and is expected to be commissioned from Q4 of FY 27.

Balance sheet & cash

  • Our net long-term debt as on 30 June, 2026, stands at INR 209 crore.

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