LUMAXINDNSELumax Industries Limited· Auto AncillariesMinimalNeutral
Announced Thu, 28 May · 19:15 IST

Lumax Industries Limited has informed the Exchange that Cut off date for the purpose of determining the shareholders eligible to voteon the resolution(s) set out in the Notice of the AGM or to attend the AGM is August 18, 2026

LUMAXIND · price

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Price reaction · full curve 14 horizons · vs prior close
-7.1%1-day move
₹5924.00
prior close
₹5949.50
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.1-5.4-3.9-2.8-7.1-7.7-8.3-10.3-9.4-10.5-11.0-12.1
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AI summary

Lumax Industries reported strong FY2026 results with standalone revenue of Rs 4,18,416 lakhs (up 23% YoY) and PAT of Rs 14,650 lakhs (up 60% YoY). Consolidated PAT stood at Rs 17,247 lakhs with EPS at Rs 184.50 (vs Rs 149.67 prior year). The Board recommended a final dividend of Rs 55 per share (550%), up from Rs 35 per share, subject to shareholder approval at the 45th AGM on August 24, 2026. Record date for dividend entitlement is August 6, 2026. Key leadership changes include Deepak Jain redesignated as Chairman (Whole Time Director) and Anmol Jain elevated from Joint MD to Managing Director, both effective May 28, 2026. The company also sought shareholder approval for material related party transactions with Lumax Auto Technologies Limited for FY2027. Statutory auditors S.R. Batliboi & Co. LLP issued an unmodified opinion.

Likely market impact

Strong financial performance with 60% PAT growth and a 57% increase in dividend per share signals positive momentum. The leadership restructuring maintains continuity in the Jain family. Investors can expect dividend payment by mid-September 2026 if approved at AGM.