Outcome of the Board Meeting held on Friday, May 29, 2026
LUMAXTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lumax Auto Technologies reported strong FY2026 results with standalone revenue of Rs 3,60,549 Lakhs (up 25.5% YoY) and consolidated revenue of Rs 4,87,033 Lakhs (up 33.9% YoY). Consolidated PAT grew 47% to Rs 33,715 Lakhs. The Board recommended a final dividend of Rs 5.50 per share (275%). Key corporate actions include acquiring the remaining 15.97% stake in Lumax FAE Technologies to make it wholly-owned, seeking shareholder approval for Rs 500 Crores in loans/guarantees, and approving related party transactions with Lumax Industries. The statutory auditor gave an unmodified (clean) opinion. Exceptional items of Rs 1,665 Lakhs include labour code impact (Rs 961 Lakhs) and impairment on Lumax Japp sale (Rs 704 Lakhs). Results for prior periods were restated due to two completed mergers.
Strong operational performance with 47% PAT growth is positive for shareholders. The clean audit and recommendation of Rs 5.50 dividend provide further support. However, the exceptional items and ongoing related party transactions with Lumax Industries warrant monitoring.