Lumax Auto Technologies Ltd
Lumax Auto Technologies Ltd was incorporated in 1981 and is a part of the D.K. Jain Group of companies. It is engaged in the business of manufacturing and supplying of Automotive Lamps, Plastic Moulded Parts, and Frame Chassis to two, three, and four-wheeler segments [1]
It has Partnerships with 7 Global players like Yokowo(Japan), JOPP(Germany), and few others.[2]
- Market Cap ₹ 9,292 Cr.
- Current Price ₹ 1,363
- High / Low ₹ 1,500 / 449
- Stock P/E 44.0
- Book Value ₹ 155
- Dividend Yield 0.39 %
- ROCE 19.0 %
- ROE 20.2 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 24.7% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 27.6%
Cons
- Stock is trading at 9.09 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 760 | 835 | 903 | 965 | 1,013 | 1,187 | 1,141 | 1,108 | 1,508 | 1,847 | 2,822 | 3,637 | 4,221 | |
| 700 | 768 | 834 | 892 | 925 | 1,077 | 1,050 | 1,009 | 1,357 | 1,647 | 2,453 | 3,171 | 3,667 | |
| Operating Profit | 61 | 67 | 68 | 73 | 88 | 110 | 91 | 98 | 151 | 201 | 369 | 465 | 554 |
| OPM % | 8% | 8% | 8% | 8% | 9% | 9% | 8% | 9% | 10% | 11% | 13% | 13% | 13% |
| 4 | 25 | 7 | 10 | 22 | 21 | 26 | 17 | 11 | 15 | 45 | 51 | 45 | |
| Interest | 4 | 5 | 5 | 4 | 2 | 3 | 10 | 10 | 10 | 17 | 69 | 80 | 89 |
| Depreciation | 18 | 19 | 21 | 24 | 24 | 27 | 35 | 34 | 40 | 52 | 118 | 129 | 150 |
| Profit before tax | 43 | 68 | 50 | 56 | 82 | 100 | 73 | 72 | 113 | 147 | 227 | 308 | 360 |
| Tax % | 30% | 31% | 31% | 28% | 31% | 31% | 19% | 28% | 27% | 24% | 26% | 26% | |
| 30 | 47 | 34 | 40 | 57 | 69 | 59 | 51 | 82 | 111 | 167 | 229 | 267 | |
| EPS in Rs | 4.43 | 6.60 | 4.66 | 5.06 | 7.15 | 9.67 | 8.52 | 6.91 | 10.18 | 13.63 | 19.10 | 26.08 | 31.04 |
| Dividend Payout % | 27% | 21% | 20% | 19% | 28% | 31% | 35% | 43% | 34% | 33% | 29% | 21% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 26% |
| 3 Years: | 34% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 25% |
| 3 Years: | 36% |
| TTM: | 36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 69% |
| 3 Years: | 80% |
| 1 Year: | 188% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 16% |
| 3 Years: | 18% |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 212 | 245 | 269 | 358 | 438 | 467 | 433 | 517 | 530 | 648 | 776 | 921 | 1,042 |
| 52 | 43 | 38 | 35 | 11 | 70 | 95 | 98 | 165 | 664 | 810 | 902 | 1,111 | |
| 196 | 179 | 218 | 218 | 396 | 379 | 319 | 360 | 430 | 853 | 990 | 1,398 | 1,397 | |
| Total Liabilities | 473 | 481 | 538 | 624 | 858 | 929 | 860 | 990 | 1,139 | 2,179 | 2,589 | 3,235 | 3,563 |
| 229 | 222 | 229 | 248 | 273 | 307 | 355 | 381 | 409 | 1,028 | 1,014 | 1,316 | 1,398 | |
| CWIP | 6 | 7 | 5 | 14 | 12 | 22 | 21 | 9 | 12 | 13 | 36 | 69 | 51 |
| Investments | 19 | 19 | 22 | 85 | 142 | 120 | 62 | 131 | 122 | 201 | 405 | 390 | 561 |
| 219 | 233 | 282 | 277 | 430 | 479 | 422 | 469 | 595 | 937 | 1,135 | 1,461 | 1,553 | |
| Total Assets | 473 | 481 | 538 | 624 | 858 | 929 | 860 | 990 | 1,139 | 2,179 | 2,589 | 3,235 | 3,563 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 62 | 39 | 49 | 64 | 95 | 56 | 76 | 98 | 87 | 137 | 265 | 290 | |
| -59 | -11 | -32 | -57 | -57 | -89 | -32 | -76 | -65 | -476 | -249 | -216 | |
| -0 | -24 | -23 | 3 | -37 | 37 | -33 | -43 | 10 | 365 | -40 | -53 | |
| Net Cash Flow | 3 | 4 | -5 | 10 | 1 | 4 | 11 | -20 | 32 | 26 | -24 | 21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 58 | 71 | 59 | 101 | 85 | 62 | 73 | 64 | 91 | 75 | 80 |
| Inventory Days | 22 | 28 | 32 | 30 | 41 | 27 | 31 | 41 | 41 | 49 | 54 | 64 |
| Days Payable | 99 | 75 | 90 | 76 | 141 | 110 | 76 | 101 | 84 | 118 | 105 | 120 |
| Cash Conversion Cycle | -13 | 11 | 13 | 13 | 1 | 3 | 17 | 14 | 21 | 23 | 24 | 24 |
| Working Capital Days | -6 | 7 | 13 | 7 | 12 | 9 | -8 | -8 | -12 | -5 | -16 | -10 |
| ROCE % | 18% | 18% | 17% | 17% | 19% | 20% | 14% | 13% | 17% | 15% | 18% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Nov - Transcript of Analysts/ Investors Earnings Conference call held on Monday, November 10, 2025 to discuss the Operational and Financial performance of the Company for the …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Nov - Lumax Auto Tech to attend Avendus Spark INDX 2025 analysts meet on 19 Nov 2025 at Grand Hyatt Mumbai.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Nov - Audio recording link for Lumax Auto Tech Q2 and H1 FY2026 earnings call held Nov 10, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Submission of Newspaper cuttings of Publication of Un-Audited Financial Results for the 2nd Quarter and Half Year ended September 30, 2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
8 Nov - Investor Presentation for the 2nd Quarter and Half Year ended September 30, 2025
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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Jun 2025Transcript PPT REC
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Sep 2024TranscriptPPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Nov 2022Transcript PPT
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Mar 2022Transcript PPT
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Dec 2021Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021TranscriptNotesPPT
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Jul 2021Transcript PPT
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Nov 2020Transcript PPT
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Sep 2020Transcript PPT
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Jul 2020Transcript PPT
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Feb 2020Transcript PPT
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Dec 2019Transcript PPT
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Sep 2019TranscriptPPT
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Aug 2019Transcript PPT
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Jun 2019TranscriptPPT
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May 2019Transcript PPT
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Feb 2019Transcript PPT
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Dec 2018Transcript PPT
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Aug 2018Transcript PPT
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Jun 2018Transcript PPT
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Feb 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
Market Leadership
The company is a leading manufacturer of gear shifters & interior solutions in India, with more than 80% market share across all passenger vehicle customers. [1] [2]