Lumax Auto Technologies Limited has informed the Exchange about Transcript
LUMAXTECH · price
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Lumax Auto Technologies reported Q1 FY26 consolidated revenue of INR1,026 crores, up 36% year-on-year, driven by strong growth across segments including Advanced Plastics (25% YoY), Mechatronics (~100% YoY) and Aftermarket (16% YoY). EBITDA stood at INR136 crores with margins at 13.2%, slightly lower than Q1 FY25 due to customer price corrections that were subsequently received in July and will benefit Q2. The company has a robust order book of INR1,500 crores with visibility over the next 3 fiscal years, 40% of which is in future and clean mobility solutions. IAC India (now 100% subsidiary) contributed INR317 crores, up ~50% YoY, while newly acquired Greenfuel contributed INR95 crores with ~18% EBITDA margins. Management guided to 14-15% EBITDA margins for H1 FY26 and 16% by FY28, with a long-term vision of tripling revenues to ~INR10,000 crores by FY31 at a 20% CAGR.
Positive for shareholders: strong revenue growth, robust order pipeline, and clear margin expansion roadmap support the medium-term growth thesis. The slight Q1 margin dip is temporary and already recovered in July price corrections, with Q2 expected to reflect this upside.