LUMAXTECHNSELumax Auto Technologies Limited· Auto AncillariesMediumNeutral
Announced Fri, 29 May · 19:48 IST

Lumax Auto Technologies Limited has informed the Exchange that August 18, 2026 has been fixed as the "Cut-off Date" for the purpose of determining the shareholders eligible to vote on the resolution(s) set out in the Notice of the AGM or to attend the AGM.

Board & Shareholder Meetings View source PDF

LUMAXTECH · price

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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹1724.70
prior close
₹1750.00
base price
After-mkt
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-2.2-4.4-3.3+1.1+0.7+2.7-1.8-3.8-6.7-6.2-4.3-11.6
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AI summary

Lumax Auto Technologies reported strong FY2026 results. Standalone revenue grew 25.5% YoY to Rs 3,605 crore with net profit of Rs 207 crore. Consolidated revenue jumped 33.9% to Rs 4,870 crore with net profit of Rs 337 crore, driven by acquisitions. EPS (consolidated) surged to Rs 40.91 vs Rs 26.08 prior year. The board recommended a dividend of Rs 5.50 per share (275%) subject to shareholder approval. Key corporate actions include: acquiring remaining 15.97% stake in Lumax FAE Technologies to make it wholly-owned; seeking approval for related party transactions with Lumax Industries; approving up to Rs 500 crore loan/guarantee under Section 185; investing up to Rs 3 crore in Lumax Yokowo Technologies; and providing Rs 36 crore corporate guarantee for Lumax Alps Alpine India. Exceptional items include Rs 96 crore labour code impact and Rs 70 crore impairment on Lumax Japp sale. The 45th AGM is on August 24, 2026.

Likely market impact

Strong financial performance with revenue and profit growth confirms solid execution. Dividend and upcoming AGM provide near-term catalysts. Acquisitions strengthen subsidiary holdings. Higher debt levels and related party transactions warrant monitoring.