The Board of Directors in their meeting held on May 29, 2026, considered and approved the convening and holding the 45th Annual General Meeting of the Company on Monday, 24th August, 2026 ....
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 PAT of Rs 207 crore (up 20.5% YoY). Consolidated revenue reached Rs 4,870 crore (up 33.9% YoY) with PAT of Rs 337 crore (up 47.2% YoY). The Board recommended a dividend of Rs 5.50 per share (275% on face value Rs 2). Key corporate actions include acquiring the remaining 15.97% stake in Lumax FAE Technologies to make it a wholly-owned subsidiary, seeking shareholder approval for material related party transactions with Lumax Industries Limited, and approving investment in subsidiaries. The 45th AGM is scheduled for August 24, 2026 with record date August 6, 2026 for dividend entitlement. Statutory auditors gave an unmodified (clean) opinion on the financial results. Exceptional items of Rs 96.07 crore (labour code impact) and Rs 70.40 crore (impairment on Lumax Japp Allied sale) were recorded.
Strong financial performance with double-digit revenue and profit growth across both standalone and consolidated financials, clean audit opinion, and dividend recommendation are positive signals for shareholders. The company continues to consolidate subsidiaries and expand its auto component business.