Lumax Industries
- Market cap
- ₹ 4,958 Cr.
- P/E
- 22x
- P/B
- 5.32x
- 52-week range
- 4,480 – 6,934.5
- ROE
- 22%
- ROCE
- 18%
- Dividend yield
- 1.1%
- Debt / equity
- 1.06
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
Lumax Industries Limited is an India-based providers of automotive lighting solution. The Company is principally engaged in the manufacturing of automotive components. The Company serves all original equipment manufacturers (OEMs) across India with reliable lighting technologies. It offers a wide range of premium lighting systems, covering advanced LED solutions and conventional products. Its portfolio includes headlamps, tail lamps, fog lamps, and auxiliary lamps. The Company also designs lighting systems for a diverse mix of vehicles, including passenger cars, two-wheelers, commercial vehicles, and the farm equipment segment (FES). The Company operates approximately 42 manufacturing facilities that are spread across eight states in India. Its subsidiary is Lumax Industries Czech s.r.o.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Lumax Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)22 against a typical 27.4: cheaper than most peers (1st = cheapest).65th of 153
- Sales growth+32.5% against a typical +20.7% from a year earlier.40th of 142
- Profit growth+41.7% against a typical +15.3% from a year earlier.47th of 127
- Share price, 3 months−1.4% against a typical −4.4%.60th of 142
- Size₹ 4,957.9 Cr. market value against a typical ₹ 728 Cr. (1st = largest).32nd of 138
Latest announcements
Exchange filings and their impact on the company.
- Strong Q2 with 33% revenue and 46% profit growth sets up 25-30% higher sales and earnings over next year.
Lumax Industries reported strong Q2 FY27 results with consolidated revenue of about Rs 1342 crore, up 33% from last year, and net profit of about Rs 52 crore, up 46% year-on-year. For the first half, revenue was Rs 2565 crore and profit was Rs 103 crore, helped by volume growth and Rs 27.7 crore share from associate SL Lumax. The board also approved up to Rs 50 crore of commercial paper to Kotak Mahindra Bank and extended the Company Secretary's term by one year.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA- | Stable | 27 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Apr 2026 | ▲ Upgrade | [ICRA]AA- | — | ICRA | ₹ 1,502.93 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 26 Oct 2026 | Financial Results/Other business matters | Intimation of Board Meeting scheduled to be held on Monday, October 26, 2026, inter- alia, to consider and approve the Un-audited Financial Results (Standalone and Consolidated) for the 2nd Quarter and Half Year ended September 30, 2026. |
| 8 Aug 2026 | Financial Results/Other business matters | To consider and approve inter - alia the Un-audited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2026. |
| 28 May 2026 | Financial Results/Dividend/Other business matters | Intimation of Board Meeting scheduled to be held on Thursday, May 28, 2026 to consider and approve inter alia the following agenda items: Audited Financial Results (Standalone and Consolidated) for the 4th Quarter and Financial Year ended March 31, 2026 Recommendation of declaration of dividend, if any on the Equity Shares of the Company for the Financial Year 2025-26. |
| 10 Feb 2026 | Financial Results/Other business matters | Lumax Industries Ltd has informed NSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2026 ,inter alia, to consider and approve the Un-audited Financials Results (Standalone and Consolidated) for the 3rd Quarter and Nine Months ended December 31, 2025 |
| 7 Nov 2025 | Financial Results/Other business matters | Intimation of Board Meeting scheduled to be held on Friday, November 07, 2025 pursuant to Regulation 29 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) and Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. |
| 6 Aug 2025 | Financial Results | To consider and approve the Un-audited Financials Results (Standalone and Consolidated) for the Quarter ended June 30, 2025. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 644 | 632 | 743 | 766 | 812 | 887 | 923 | 923 | 1,009 | 1,053 | 1,200 | 1,223 |
| Expenses | 589 | 573 | 677 | 708 | 752 | 817 | 844 | 841 | 920 | 942 | 1,076 | 1,114 |
| Operating Profit | 55 | 58 | 66 | 58 | 60 | 70 | 79 | 82 | 89 | 111 | 124 | 110 |
| OPM % | 9% | 9% | 9% | 8% | 7% | 8% | 9% | 9% | 9% | 11% | 10% | 9% |
| Other Income | 15 | 13 | 28 | 31 | 22 | 18 | 25 | 16 | 14 | 1 | 11 | 15 |
| Interest | 11 | 13 | 15 | 16 | 19 | 19 | 18 | 18 | 19 | 19 | 18 | 18 |
| Depreciation | 21 | 24 | 27 | 26 | 26 | 27 | 33 | 32 | 37 | 38 | 45 | 42 |
| Profit before tax | 38 | 35 | 52 | 46 | 37 | 42 | 53 | 48 | 47 | 55 | 72 | 64 |
| Tax % | 31% | 27% | 31% | 26% | 23% | 19% | 18% | 25% | 24% | 15% | 25% | 20% |
| Net Profit | 26 | 26 | 36 | 34 | 28 | 33 | 44 | 36 | 36 | 47 | 54 | 51 |
| EPS in Rs | 28.08 | 27.37 | 38.59 | 36.57 | 30.25 | 35.82 | 47.04 | 38.72 | 38.13 | 49.8 | 57.88 | 54.64 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 13%
- 5 Years
- 24%
- 3 Years
- 22%
- TTM
- 27%
- 10 Years
- 14%
- 5 Years
- 62%
- 3 Years
- 21%
- TTM
- 42%
- 10 Years
- 24%
- 5 Years
- 32%
- 3 Years
- 39%
- TTM
- —
- 10 Years
- 17%
- 5 Years
- 19%
- 3 Years
- 20%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Lumax Industries | ₹ 5,072.00 | ₹ 4,958 Cr. | 22x | 5.3x | 22% | — |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 35.1x | 3.7x | 10.2% | 3.2% |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 62.3x | 17.8x | 29.5% | 19.5% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 51.3x | 8.1x | 19.4% | 13.8% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 54.8x | 9.8x | 19.1% | 6.5% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 64.6x | 7.3x | 11.2% | 14.1% |
Management
- Deepak Jain
- Executive Chairman of the Board, Managing Director
- Raju Bhauso Ketkale
- Chief Executive Officer
- Ravi Teltia
- Chief Financial Officer
- Raajesh Kumar Gupta
- Compliance Officer, Company Secretary, Whole-Time Director
- Anmol Jain
- Joint Managing Director, Executive Director
- Tadayoshi Aoki
- Senior Executive Director - Stanley Nominee
- Kenjiro Nakazono
- Additional Executive Director - Stanley Nominee
Prices are delayed and for information only. Nothing on this page is investment advice.