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NSE:LUMAXIND

LUMAX INDUSTRIES LTD

Automobile and Auto Components › Auto Components·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹5,072.00
at close · 28 Oct 2026
▲ 61.50 (+1.23%)

Latest filings

  1. Lumax September quarter profit rises 43% on higher revenue · Compliance
  2. Lumax provides Q2 and H1 FY2027 earnings call recording · Investor Communications
  3. Q2 revenue rises 33%, but margin contracts; order book reaches INR 2,580 crore · Investor Communications
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes automotive lighting — headlamps, tail lamps and signal lamps — for passenger vehicles, two-wheelers and commercial vehicles sold in India. Automotive lighting accounts for 94.29% of turnover, with LED-based products contributing 61% of Q3 FY26 revenue and 81% of that quarter's order book of Rs 1,759 crore. It supplies to Indian OEMs including Tata Motors (Sierra, Punch facelift), Mahindra (e-rickshaws), TVS (Apache RTX300), Maruti Suzuki/Toyota and Skoda VW, with new programmes coming from a Bengaluru plant (SOP Q4 FY27) and Chakan Phase 2 (SOP Q4 FY26). Localization stands at 30–35%, with 70% on bare-board PCB and 100% on SMT. The largest cost line is raw materials at 66.1% of revenue, followed by employees at 11.5%.

Operating scale
Order book
Rs 2,200 crore (88% LED-based)FY26
Manufacturing footprint
11 plants across 17 states
Workforce
1,660 permanent employees and 6,660 workers
LED share of revenue
61%Q3 FY26
Localization
30–35% overall; 70% on bare-board PCB, 100% on SMT
Who pays it
Indian automotive OEMs — Tata Motors, Mahindra, TVS, Maruti Suzuki/Toyota and Skoda VW
Biggest cost
Raw materials at 66.1% of FY26 revenue
Kind of business
Auto ancillary, revenue tied to Indian OEM production cycles
Where it sits
Auto components supplier focused on lighting; Japanese lighting major Stanley Electric holds a 35.77% promoter stake
Market Cap
₹4,741 Cr
P / E (TTM)
25.3×
EV / EBITDA
13.1×
Div Yield
0.69%
Growth
24.0%▲
Revenue 5y CAGR
PAT +56.9% · EBITDA +25.9%
Quality
14.3%▲
ROCE (5y median)
ROE 17.7% (5y median) · margin 9.4%
Leverage
0.88·
Debt / Equity · moderate
Net debt ₹782 Cr
Revenue FY21→FY26
2.9×▲
Margin +2.8 pts
₹1,426 Cr → ₹4,184 Cr
Cash conversion
1.83×▲
Operating cash ÷ profit · 5 yrs
₹1,037 Cr on ₹567 Cr
Moves on a normal day
1.60%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 126 Auto Components & Equipments peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#60/119
P/B#86/117
ROCE#66/125
ROE#26/117
Debt / Equity#101/117
EBITDA margin#84/118
Revenue growth#24/113
Profit growth#43/115

Scorecard

Measured from the filed financials, judged against its Auto Components & Equipments peers · as of FY26 — not investment advice

Strengths
Revenue compounding 24% a year over 5 years
Profit compounding 57% a year over 5 years
Profit grew in every one of the last 5 years
Over 5 years it reported ₹567 Cr of profit and ₹1,037 Cr of operating cash — 1.83×
Profit is converting into cash
Concerns
Carries more debt than its peers — 0.88× equity
higher than 86% of its 117 Auto Components & Equipments peers

Charts

How has the market priced it — with filings on the timeline?

LUMAXIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from LUMAX INDUSTRIES LTD's filed financials and exchange disclosures

What does LUMAX INDUSTRIES LTD do?

LUMAX INDUSTRIES LTD is a Auto Components company listed on NSE and BSE, trading under the symbol LUMAXIND.

Is LUMAX INDUSTRIES LTD profitable?

Yes. Over the trailing twelve months LUMAX INDUSTRIES LTD reported a net profit of ₹187 Cr on revenue of ₹4,485 Cr.

Does LUMAX INDUSTRIES LTD pay a dividend?

Yes. The dividend yield is 0.69% at the current price. It paid out 19% of its profit as dividend in FY26.

Is LUMAX INDUSTRIES LTD debt-free?

No. It reported borrowings of ₹807 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹782 Cr after cash. Debt stands at 0.88× equity. That is higher than 86% of its 117 Auto Components & Equipments peers.

Is LUMAX INDUSTRIES LTD expensive compared with its peers?

On trailing P/E, LUMAX INDUSTRIES LTD ranks 60 of 119 in Auto Components & Equipments — cheaper than 50% of them, against an industry median of 25.3×. This is a position, not a valuation judgement.

How much does the LUMAX INDUSTRIES LTD share price move in a day?

On a typical session LUMAX INDUSTRIES LTD moves 1.60% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track LUMAX INDUSTRIES LTD's announcements?

Every NSE and BSE filing by LUMAX INDUSTRIES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.