Lumax Industries Ltd. Share Price

Technical Analysis Lumax Industries Ltd

The stock

Technical Analysis Lumax Industries

The stock

On a consolidated basis, Lumax’s revenue hit about ₹4,184 crore in FY26, its highest ever, up roughly low‑20s percent versus last year. Profit after tax rose from about ₹13,991 crore‑equivalent (₹13,990.87 lakh) to ₹17,246.89 lakh, so profit is up around 20–25%. EPS has moved from ₹149.67 to ₹184.50, and the company has hiked the final dividend from ₹35 to ₹55 per share, which is a big bump and a clear confidence signal from management. Versus its own past For the last few quarters, Lumax has been compounding nicely with strong Q2 and record Q3 numbers; FY26 basically continues that trend rather than being a one‑off spike. Margins have inched up to around 10% EBITDA for the year, and leverage has improved (debt‑equity moving down towards ~0.9x), which makes the growth healthier, not just “volume‑driven.” Versus peers and the market The auto‑component industry is in a growth phase, with the broader sector targeting high‑teens/20% type growth in the medium term. Key competitor Uno Minda’s lighting business has been growing a bit faster (~30% YoY) with slightly higher margins (~11%+ EBITDA), so Lumax is competitive but not the absolute star of the pack. My verdict If I had to tag it, I’d call this result “good and reassuring”: solid growth, cleaner balance sheet, higher dividend and continued momentum, even though one peer is growing a bit faster.

Lumax Industries Q4 & FY26 Highlights

Lumax Industries Limited reported a strong FY26 performance with record revenues, margin expansion, and robust demand across automotive OEMs, supported by increasing LED lighting penetration and a healthy order pipeline. ### FY26 Financial Performance * Revenue rose **23% YoY** to **₹4,184 Cr** * EBITDA surged **42.8% YoY** to **₹412 Cr** * EBITDA margin improved to **9.8%** from **8.5%** * PAT increased **23.3% YoY** to **₹172 Cr** * FY26 marked the company’s **highest-ever annual revenue** performance ### Q4FY26 Performance * Q4 revenue climbed **30% YoY** to **₹1,200 Cr** * EBITDA grew **46.6% YoY** to **₹125 Cr** * EBITDA margin expanded to **10.4%** * PAT rose **23% YoY** to **₹54 Cr** ### Key Business Highlights * LED lighting contribution increased to **61% of total revenue** * Order book stands at **₹2,200 Cr**, with **88% LED-based orders** * EV segment contributes **11%** of the order book * Passenger Vehicles account for **66%** of the order pipeline ### Strategic Strengths * Strong partnerships with Stanley Electric Co. Ltd. and SL Corporation * 12 manufacturing facilities across key automotive hubs in India * 2 R&D centers and overseas design centers in Taiwan and Czech Republic * Focus on advanced automotive lighting technologies including OLED lamps, matrix headlamps, grille lighting, and ADAS integration ### Management Commentary According to Deepak Jain, the company remains optimistic on FY27 driven by premiumization trends, healthy domestic demand, and improving infrastructure activity, while continuing to monitor geopolitical risks and commodity price volatility. Like, Follow & Share for more market updates and earnings insights.

Fundamental Analysis: