Lumax Auto Technologies Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on May 29, 2026 have considered and approved the proposal for Convening and holding the 45th Annual General Meeting ("AGM") of the Company on Monday, August 24, 2026 for the Financial Year ended March 31, 2026. through Video Conferencing/ other Audio-visual means.
LUMAXTECH · price
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Lumax Auto Technologies reported strong FY2026 results with standalone revenue of Rs 3,605 crore (up 25.5% YoY) and consolidated revenue of Rs 4,870 crore (up 34% YoY). Standalone PAT grew 20.5% to Rs 206.9 crore while consolidated PAT jumped 47.1% to Rs 337.1 crore. EPS stood at Rs 30.35 (standalone) and Rs 40.91 (consolidated). The Board recommended a final dividend of Rs 5.50 per share (275%). Auditors issued unmodified (clean) opinions on both standalone and consolidated financials. Key corporate actions include acquisition of remaining 15.97% stake in Lumax FAE Technologies, sale of 50% stake in Lumax Japp Allied Technologies, and change in Mr. Deepak Jain's designation to Vice Chairman. Exceptional items of Rs 16.6 crore (standalone) and Rs 14.5 crore (consolidated) were recorded, primarily for labour code changes and impairment. Prior year figures were restated due to completed mergers of Lumax Ancillary Limited and IAC International Automotive India Private Limited.
Strong operational performance with double-digit revenue and profit growth. The clean audit opinion and maiden dividend recommendation are positive signals. Higher exceptional items and related party transactions require shareholder scrutiny at the AGM.