$LUMAXTECH

Lumax Auto Technologies Ltd continues to demonstrate robust operational fundamentals. The company’s return on capital employed (ROCE) stands at a notable 20.01%, indicating effective utilisation of capital resources. This level of management efficiency is a key factor supporting the positive view on the company’s quality metrics. Additionally, the firm maintains a low Debt to EBITDA ratio of 1.87 times, underscoring a strong capacity to service its debt obligations without undue financial strain. Long-term growth trends remain encouraging, with net sales expanding at an annualised rate of 34.46% and operating profit growing at 49.65%. These figures suggest that the company has been able to sustain healthy expansion in both top-line and profitability metrics over recent years. Furthermore, Lumax has reported positive results for seven consecutive quarters, reinforcing the consistency of its earnings performance. In the most recent quarter, net sales reached ₹1,416.93 crores, reflecting a 23.6% increase compared to the previous four-quarter average. Operating profit before depreciation and interest (PBDIT) hit a peak of ₹203.21 crores, with the operating profit margin to net sales also reaching its highest level at 14.34%. These operational achievements contribute to the favourable assessment of the company’s quality profile.