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Lumax auto technologies posted robust Q1FY27 results

ICICIdirect Research 11 Aug 2026 DISCLAIMER

News: Lumax auto technologies posted robust Q1FY27 results. On the consolidated basis, total operating income for the quarter came in at ₹ 1,364 crore (up 33% YoY). EBITDA in Q1FY27 came in at ₹190 crore with corresponding EBITDA margins at 13.9% (down ~40 bps QoQ). Resultant PAT for the quarter stood at ₹87 crore (up 109% YoY). The majority of segment such as Advance Plastics, and mechatronics have witnessed >40% YoY growth. The recently acquired Greenfuel business recorded a revenue of ₹111 crores.

View: P&L performance was robust driven by strong performance across key OEM programs. The sequential margin decline was contained by operating efficiencies and better absorption of fixed costs. With healthy order book (₹1,601 crores, up QoQ) led double digit growth sales prospects, 14% to 15% margin guidance (including other income), earnings accretive value conscious acquisitions and impressive return ratios matrix, we maintain our positive view on the company with long term investment horizon

Impact: Positive

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