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 ₹ 3,293 Cr.
- Current Price ₹ 483
- High / Low ₹ 499 / 264
- Stock P/E 29.9
- Book Value ₹ 103
- Dividend Yield 0.93 %
- ROCE 14.8 %
- ROE 15.9 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 36.9%
Cons
- Stock is trading at 4.67 times its book value
- Company has a low return on equity of 13.0% over last 3 years.
* 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.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
748 | 764 | 760 | 835 | 903 | 965 | 1,013 | 1,187 | 1,141 | 1,108 | 1,508 | 1,847 | 2,558 | |
684 | 697 | 700 | 768 | 834 | 892 | 925 | 1,077 | 1,050 | 1,009 | 1,357 | 1,647 | 2,225 | |
Operating Profit | 64 | 67 | 61 | 67 | 68 | 73 | 88 | 110 | 91 | 98 | 151 | 201 | 333 |
OPM % | 9% | 9% | 8% | 8% | 8% | 8% | 9% | 9% | 8% | 9% | 10% | 11% | 13% |
6 | 4 | 4 | 25 | 7 | 10 | 22 | 21 | 26 | 17 | 11 | 15 | 24 | |
Interest | 1 | 1 | 4 | 5 | 5 | 4 | 2 | 3 | 10 | 10 | 10 | 17 | 56 |
Depreciation | 8 | 11 | 18 | 19 | 21 | 24 | 24 | 27 | 35 | 34 | 40 | 52 | 106 |
Profit before tax | 62 | 59 | 43 | 68 | 50 | 56 | 82 | 100 | 73 | 72 | 113 | 147 | 194 |
Tax % | 18% | 31% | 30% | 31% | 31% | 28% | 31% | 31% | 19% | 28% | 27% | 24% | |
51 | 41 | 30 | 47 | 34 | 40 | 57 | 69 | 59 | 51 | 82 | 111 | 139 | |
EPS in Rs | 7.44 | 6.02 | 4.43 | 6.60 | 4.66 | 5.06 | 7.15 | 9.67 | 8.52 | 6.91 | 10.18 | 13.63 | 15.36 |
Dividend Payout % | 16% | 20% | 27% | 21% | 20% | 19% | 28% | 31% | 35% | 43% | 34% | 33% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 13% |
3 Years: | 17% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 14% |
3 Years: | 18% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 36% |
5 Years: | 28% |
3 Years: | 46% |
1 Year: | 80% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 169 | 198 | 212 | 245 | 269 | 358 | 438 | 467 | 433 | 517 | 530 | 648 | 691 |
2 | 27 | 52 | 43 | 38 | 35 | 11 | 70 | 95 | 98 | 165 | 664 | 721 | |
162 | 194 | 196 | 179 | 218 | 218 | 396 | 379 | 319 | 360 | 430 | 853 | 927 | |
Total Liabilities | 347 | 433 | 473 | 481 | 538 | 624 | 858 | 929 | 860 | 990 | 1,139 | 2,179 | 2,352 |
90 | 163 | 229 | 222 | 229 | 248 | 273 | 307 | 355 | 381 | 409 | 1,028 | 996 | |
CWIP | 22 | 38 | 6 | 7 | 5 | 14 | 12 | 22 | 21 | 9 | 12 | 13 | 25 |
Investments | 19 | 19 | 19 | 19 | 22 | 85 | 142 | 120 | 62 | 131 | 122 | 201 | 325 |
216 | 213 | 219 | 233 | 282 | 277 | 430 | 479 | 422 | 469 | 595 | 937 | 1,007 | |
Total Assets | 347 | 433 | 473 | 481 | 538 | 624 | 858 | 929 | 860 | 990 | 1,139 | 2,179 | 2,352 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 53 | 62 | 39 | 49 | 64 | 95 | 56 | 76 | 98 | 87 | 137 | |
-29 | -97 | -59 | -11 | -32 | -57 | -57 | -89 | -32 | -76 | -65 | -476 | |
-11 | 15 | -0 | -24 | -23 | 3 | -37 | 37 | -33 | -43 | 10 | 365 | |
Net Cash Flow | 3 | -29 | 3 | 4 | -5 | 10 | 1 | 4 | 11 | -20 | 32 | 26 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 61 | 63 | 58 | 71 | 59 | 101 | 85 | 62 | 73 | 64 | 91 |
Inventory Days | 14 | 18 | 22 | 28 | 32 | 30 | 41 | 27 | 31 | 41 | 41 | 49 |
Days Payable | 68 | 77 | 99 | 75 | 90 | 76 | 141 | 110 | 76 | 101 | 84 | 118 |
Cash Conversion Cycle | 7 | 3 | -13 | 11 | 13 | 13 | 1 | 3 | 17 | 14 | 21 | 23 |
Working Capital Days | 1 | -6 | -6 | 8 | 17 | 15 | 12 | 27 | 15 | 16 | 18 | 30 |
ROCE % | 37% | 28% | 18% | 18% | 17% | 17% | 19% | 20% | 14% | 13% | 17% | 15% |
Documents
Announcements
- Closure of Trading Window 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Mar
- Effectiveness Of The Scheme Of Amalgamation Between IAC International Automotive India Private Limited And Lumax Integrated Ventures Private Limited And Their Respective Shareholders And Creditors 18 Mar
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Incorporation Of Wholly Owned Subsidiary Company. 12 Mar
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
12 Mar - Of incorporation of Lumax Resources Private Limited, Wholly owned subsidiary of the Company
Annual reports
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Financial Year 2023
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Market Leadership
The Co. is the market leader in Gear Shifters with around 70% market share in FY19. [1] [2]