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Prices as of 9 Oct 2026 close · Not investment advice

Lumax Industries Limited

NSE: LUMAXINDAuto Components & Equipments

Share price

₹5,270.00

-0.45% close of 9 Oct 2026

Market cap ₹4,743 CrP/E 23.5

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

64

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,743 Cr

P/E ratio

23.5

P/B ratio

5.4

ROCE

17.7%

ROE

22.0%

Dividend yield

1.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹6,703.0052-week low ₹4,590.70

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 26.5% over the past year, and 10.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 8.7% to 9.7% over the last four years.

Whether it grew faster than its sector

It grew 10.3% a year against a sector median of 10.5% — 0.2 percentage points slower.

Room to re-rate, or risk of de-rating

At 23.5× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 52.1×, across 5 companies. It is against its own five-year median of 21.4×, the 65th percentile of its own range.

Whether growth justifies the valuation

Priced at 1.1 times its growth rate, on earnings growth of 21%.

Profit growthPrice per ₹1 profitPer 1% growth
Lumax Industries Limited — this one21%/yr23.5×₹1.1
Samvardhana Motherson International Limited40%/yr35.3×₹0.88
Bosch Limited14%/yr55.3×₹3.9
Bharat Forge Limited33%/yr86.4×₹2.6
UNO Minda Limited23%/yr52.1×₹2.3
Schaeffler India Limited10%/yr45.4×₹4.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Auto Components & Equipments), it ranks 45 of 101 on returns, 52 of 99 on growth, 75 of 101 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 17.7% on capital, ahead of 55% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹934 crore of cash from the business but spent ₹1084 crore on plant and equipment, ₹150 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹401 crore to ₹973 crore. And the profit is real: of every 100 rupees it reported over 11 years, about 164 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being paid 60 days before it paid its own suppliers to paid 45 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 33% but profit margin ran at 9.2%, under the 10.5-11% guided for the year

Announced 8 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,223 Cr

Revenue vs last year

+32.5%

Revenue vs last quarter

+1.9%

Net profit

₹51 Cr

Profit vs last year

+41.9%

Profit vs last quarter

-5.4%

Net margin

4.2%

EPS

₹54.64

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,743 Cr
Prev close
₹5,270.00
52w High
₹6,935
52w Low
₹4,480
Enterprise value
₹5,690 Cr
Beta
1.3
Price CAGR 1y
8.0%
Price CAGR 3y
33.0%
Price CAGR 5y
30.0%
Price CAGR 10y
21.0%

Ratios

Return on assets
5.0%
PEG ratio
1.2
P/E ratio
23.5
P/B ratio
5.4
EV / EBITDA
13.1
Industry P/E
32.0
ROCE
17.7%
ROCE 5y average
16.2%
ROE
22.0%
Debt / Equity
1.1
Interest coverage
4.0
Dividend yield
1.0%
ROE 3y average
20.0%
ROE last year
22.0%

Annual P&L

Annual revenue
₹4,184 Cr
Annual profit
₹172 Cr
Operating margin
10.0%
Net profit margin
4.1%
EBITDA margin
9.7%
Sales growth 3y
21.7%
Sales growth 5y
24.0%
Profit growth 3y
21.0%
Profit growth 5y
62.0%
EPS
₹185
Sales growth TTM
27.0%
Profit growth TTM
42.0%
Dividend payout
30.0%

Quarter P&L

Sales latest quarter
₹1,223 Cr
Profit latest quarter
₹51 Cr
YoY quarterly sales growth
32.6%
YoY quarterly profit growth
41.7%
OPM latest quarter
9.0%

Balance Sheet

Book Value
₹1,019
Face Value
₹10.0
Total debt
₹973 Cr
Total cash
₹26 Cr
Borrowings
₹973 Cr
Reserves / Equity
100.9

Cash Flow

Operating cash flow
₹373 Cr
Free cash flow
₹86 Cr
FCF yield
0.2%
Net cash flow
₹16 Cr

Shareholding

Promoter holding
75.0%
FII holding
1.4%
DII holding
6.7%
Public holding
16.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Samvardh. Mothe.157.6036.41,66,3380.381,075.781.535,243.816.613.4
Bosch44,029.9555.01,29,8710.61706.15.25,841.922.021.5
Bharat Forge1,824.9088.389,1780.46-89.9-57.74,639.918.712.6
Uno Minda1,102.5052.163,6660.24315.51.85,556.923.819.6
Schaeffler India3,766.0545.658,8650.93336.713.72,681.417.527.9
Sona BLW Precis.809.1565.050,5050.42220.173.41,157.250.815.1
Tube Investments2,376.4073.446,0010.15294.0-15.36,215.317.117.1
Lumax Industries5,378.0025.05,0281.0251.141.11,223.232.617.7
Median458.8829.61,6170.3212.322.3265.521.016.4

Competes with: Bharat Forge Limited, Bosch Limited, Samvardhana Motherson International Limited, Schaeffler India Limited, Sona BLW Precision Forgings Limited, Tube Investments of India Limited, UNO Minda Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6186446327437668128879239231,0091,0531,2001,223
Expenses5675895736777087528178448419209421,0761,114
Material Cost621639647673783848
Change in Inventories9.39-265.16-5.8513-23
Purchases of Stock-in-Trade0002300
Employee Cost97109121125126148
Other Expenses117118147128154140
Operating Profit51555866586070798289111124110
OPM %8.308.539.228.877.547.367.888.598.878.8011108.97
Other Income1415132831221825161411115
Exceptional items (within Other Income)000-16-1.990
Interest10111315161919181819191818
Depreciation21212427262627333237384542
Profit before tax34383552463742534847557264
Tax %32312731262319182524152520
Net Profit23262636342833443636475451
EPS in Rs25282739373036473938505855
Diluted EPS in Rs473938505855

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2521,2711,6491,8511,6021,4261,7512,3202,6373,4004,1844,485
Expenses1,1641,1701,5151,6981,4431,3261,6162,1122,4053,1203,7784,052
Material Cost2,3162,765
Change in Inventories-4.76-13
Purchases of Stock-in-Trade00
Employee Cost377480
Other Expenses433547
Operating Profit89101135154158100135208231280406433
OPM %788810789981010
Other Income4171957192735170844341
Exceptional items (within Other Income)0-18
Interest13118162229223049737574
Depreciation384148606465648093113152162
Profit before tax416598134923353149159178223238
Tax %1016272322452331302122
Net Profit525471104721841103111140172187
EPS in Rs565876111771944110119150185200
Diluted EPS in Rs150185
Dividend Payout %2225303231363124292330

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
13%
5 years
24%
3 years
22%
TTM
27%

Compounded profit growth

10 years
14%
5 years
62%
3 years
21%
TTM
42%

Stock price CAGR

10 years
21%
5 years
30%
3 years
33%
1 year
8%

Return on equity

10 years
17%
5 years
19%
3 years
20%
Last year
22%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital9999999999.359.35
Reserves259300353426437451482574662765908
Borrowings12792104140347338401431723888973
Other Liabilities4634787516154905646548521,2071,1991,544
Minority Interest00
Total Liabilities8598801,2171,1901,2831,3621,5461,8662,6012,8613,435
Fixed Assets4084195185496536277117499681,1061,434
CWIP1720345032474843178212105
Investments697988819092102147179246278
Other Assets3653625775105085966859271,2761,2971,619
Total Assets8598801,2171,1901,2831,3621,5461,8662,6012,8613,435

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity8110014010410376108108133212373
Cash from Investing Activity-37-62-128-97-194-31-129-90-245-293-265
Cash from Financing Activity-59-39-11-696-5134-2613759-92
Net Cash Flow-15-2116-513-824-2216
Free Cash Flow43378-8-6314-2119-124-11086

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5355704439554848485055
Inventory Days45525761759491961299290
Days Payable135146180114131159163141154147145
Cash Conversion Cycle-36-39-53-9-17-9-24322-60
Working Capital Days-58-54-57-49-78-75-60-38-49-44-45
ROCE %1924221781119171618

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
FIIs1.151.121.091.171.180.920.971.181.131.381.631.36
DIIs1.271.421.461.573.564.945.635.755.985.716.076.70
Public232222222019181818181717
No. of Shareholders19,74219,39519,32919,99918,88418,81418,66019,62321,48622,37123,69024,495

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +6.6% (₹4,945.00 → ₹5,270.00)Brick size ₹187.92 (fixed)Bricks 53
₹5,000₹6,000₹5,270Nov '25Jan '26Mar '26May '26Aug '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹5,270.00 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

947inr_cr

2026-03-31

order book, Rs crore

2,500inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,29,30,035inr

2026-03-31

News

News and filings about Lumax Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • LED chips, PCBs and electronic components
  • bulbs and conventional lighting components
  • moulds, tools and dies
  • plastic granules / polymer resins (polycarbonate, PP) for lamp housings and lenses

Depends on the price of

  • aluminium
  • steel

Sells to

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Automobile and Auto Components
Industry
Auto Components & Equipments
Classification
Automobile and Auto Components › Auto Components & Equipments
ISIN
INE162B01018

Plants

  • Bawal electronics facility
  • Bawal plant
  • Bengaluru / Bidadi plant
  • Chakan II plant
  • Chakan plant
  • Chennai / SL Lumax facility
  • Chinchwad plant
  • Dharuhera plant
  • Haridwar plant
  • Manesar electronics facility
  • Pantnagar plant
  • Sanand II plant
  • Sanand plant

News impact

Big market events that reach Lumax Industries Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

6 Aug 2026unspecified₹55
7 Aug 2025unspecified₹35
9 Sep 2024unspecified₹35
10 Aug 2023unspecified₹27
8 Jul 2022unspecified₹13.5
20 Aug 2021unspecified₹7
20 Aug 2020unspecified₹6
24 Mar 2020interim₹17.5

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.