loader2
Login Open ICICI 3-in-1 Account

Lumax Auto Technologies Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Lumax Auto Technologies Ltd. 10 Nov 2025 14:26 PM

Q2FY26 Quarterly Result Announced for Lumax Auto Technologies Ltd.

Auto Parts & Equipment company Lumax Auto Technologies announced Q2FY26 results

  • Revenue: Rs 1,156 crore compared to Rs 842 crore during Q2FY25, change 37%.
  • EBITDA: Rs 170 crore compared to Rs 118 crore during Q2FY25, change 45%.
  • EBITDA Margin: 14.7% for Q2FY26.
  • PBT: Rs 104 crore compared to Rs 70 crore during Q2FY25, change 50%.
  • PAT: Rs 78 crore compared to Rs 52 crore during Q2FY25, change 50%.
  • EPS: Rs 9.81 for Q2FY26.

Anmol Jain, Managing Director, Lumax Auto Technologies, said: " Our performance in Q2 and H1FY26 reflects continued progress on our strategic priorities and the resilience of our diversified business model. Revenue growth was supported by new order wins, strong execution by emerging subsidiaries, and sustained traction in Greenfuel and Aftermarket businesses.

EBITDA margins improved sequentially, aided by scale efficiencies, richer product mix, and the normalization of customer price corrections, which had moderated Q1 performance. The improvement in profitability underscores our focus on operational excellence and disciplined cost management.

The integration of IAC India is progressing as planned, reinforcing our capabilities in EV interiors and advanced technology-led solutions. With a healthy order pipeline, robust balance sheet, and clear execution roadmap, we remain on track to achieve our mediumterm 20:20:20:20 vision—delivering sustainable growth, margin expansion, and leadership in future-ready mobility solutions."

Result PDF

Auto Parts & Equipment company Lumax Auto Technologies announced Q1FY26 results

  • Consolidated revenue from operations surged to Rs 1,026 crore in Q1FY26, representing a significant 36% increase from Rs 756 crore in Q1FY25.
  • Consolidated profit after tax jumped 30% to Rs 54 crore compared to Rs 42 crore in the previous year demonstrating strong value creation for shareholders.

Anmol Jain, Managing Director, LumaxAuto Technologies, said: " We have kicked off the FY26 with a steady performance both in revenue & profitability which is in line with our internal operating budgets. There have been certain price corrections from customers which has not been realised because of which the margins have seen a slight dip from Q1FY25. These corrections have been subsequently received in the current month. In Q2, we should be able to see this gain based upon the spill over from Q1 & in H1, the EBITDA margins will be in alignment with the strategic direction for the current year which is between 14% to 15%. Also, the 100% acquisition of IAC India marks a key strategic step, strengthening our role in the EV interior space and enhancing integration across platforms. Backed by a healthy balance sheet and clear vision, we remain committed to our 20:20:20:20 NorthStar - driving profitable growth, capital efficiency, and leadership in emerging mobility solutions."

Result PDF

Auto Parts & Equipment company Lumax Auto Technologies announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Strong Q4 Performance: Q4FY25 consolidated revenue reached Rs 1,133 crore, marking a 50% year-on-year growth from Rs 757 crore in Q4FY24
  • Revenue from OEM customers grew by 7% in Q4FY25 and 13% for the full year, while the aftermarket segment achieved its first-ever double-digit annual growth, increasing by 10% quarter-onquarter.
  • EBITDA increased by 51%, from Rs 110 crore to Rs 166 crore.
  • EBITDA Margin expanded slightly from 14.5% to 14.6%.
  • PBT grew by 74%, from Rs 62 crore to Rs 108 crore.
  • PAT (before minority interest) rose by 55%, from Rs 51 crore to Rs 80 crore.
  • EPS increased from Rs 6.49 to Rs 8.57.

FY25 Financial Highlights:

  • Revenue Growth: Consolidated revenue from operations surged to Rs 3,637 crore in FY25, representing a significant 29% increase from Rs 2,822 crore in FY24
  • Enhanced Profitability: Consolidated profit after tax jumped 37% to Rs 229 crore compared to Rs 167 crore in the previous year
  • EBITDA increased by 25%, from Rs 413 crore to Rs 516 crore.
  • EBITDA Margin slightly declined from 14.6% to 14.2%.
  • EPS increased from Rs 19.10 to Rs 26.08.

Commenting on the performance, Anmol Jain, Managing Director, Lumax Auto Technologies, said, "We are pleased to deliver another year of strong financial performance, with our consolidated revenue crossing Rs 3,600 crore and achieving robust profit growth of 37%. Our strategic focus on inorganic growth through targeted acquisitions, including our entry into alternative fuels and the consolidation of our IAC India operations, positions us well for the evolving automotive landscape. The improved EBITDA margins reflect our operational excellence and the synergies we are realizing from our expanded portfolio. As we move forward, we remain committed to leveraging both organic and inorganic growth levers to create sustainable value for all stakeholders."

Result PDF

Auto Parts & Equipment company Lumax Auto Technologies announced Q3FY25 results

  • Revenue for Q3FY25 stood at Rs 906 crore; compared to Rs 732 crore in Q3FY24, up by 24% YoY; Highest ever single quarter revenue
  • EBITDA for Q3FY25 stood at Rs 127 crore; up by 9% YoY, EBITDA margin at 14.0%
  • Profit after Tax (PAT) before Minority Interest stood at Rs 56 crore compared to Rs 48 crore in Q3FY24 up by 17% YoY

Anmol Jain, MD, Lumax Auto Technologies said, "We are delighted to announce yet another milestone quarter, achieving our highest-ever quarterly revenue of Rs 906 crore, marking an impressive year-on-year growth of 24%. Additionally, our EBITDA reached an all-time high of Rs 127 crore, with margins at 14%. This outstanding performance has been driven by robust performance in standalone business with two main customers Bajaj Auto & HMSI witnessing strong growth coupled with strong growth in subsidiaries.

This quarter witnessed better demand in the passenger vehicle (PV) segment, supported by a buoyant festive season and attractive OEM discounts that helped uplift consumer sentiment. The two-wheeler segment also experienced sustained momentum, driven by an improving consumer outlook with demand notably stronger in premium models compared to the entry-level segment. In response to evolving market dynamics, we remain committed to enhancing our product portfolio and increasing our kit values across both PV and twowheeler categories. By introducing new and advanced offerings in collaboration with our esteemed joint venture partners from across the globe, we continue to strengthen our position as a key supplier to OEMs.

A significant milestone for us this quarter was the successful completion of our acquisition of Greenfuel Energy Solutions. This strategic move marks our entry into the alternate fuel space, aligning with our vision for sustainable and innovative growth. The acquisition not only complements our existing business but also presents an exciting opportunity to drive synergies and expand our capabilities in clean energy solutions.

As we move forward, we remain focused on delivering excellence through innovation, strategic growth initiatives, and strong execution. With a customer-centric approach and a commitment to sustainability, we are confident in our ability to drive long-term value for all stakeholders.

Result PDF

Auto Parts & Equipment company Lumax Auto Technologies announced H1FY25 & Q2FY25 results

Financial Highlights:

  • Revenue for Q2FY25 stood at Rs 842 crore; compared to Rs 700 crore in Q2FY24, up by 20% YoY; Highest ever single quarter revenue.
  • EBITDA for Q2FY25 stood at Rs 118 crore, up by 18% YoY; EBITDA margins at 14.0%.
  • Profit after Tax (PAT) before Minority Interest for Q2FY25 stood at Rs 52 crore compared to Rs 38 crore in Q2FY24 up by 38% YoY

Operational Highlights:

  • Passenger Cars contributed 50% to overall Revenues, 2/3-Wheelers at 25%, CVs at 9%, Aftermarket at 12% and others at 4%

Anmol Jain, MD, Lumax Auto Technologies said: " We are pleased to report a strong performance this quarter, with revenues reaching Rs 842 crores, representing a growth of 20% compared to Q2FY24. Our EBITDA for the quarter stood at Rs 118 crores, a growth of 18%, with EBITDA margins at 14%. On H1 basis too, we have demonstrated a robust revenue growth of 20% with margins standing at 14%.

This quarter saw a subdued performance mainly in the Passenger Vehicle segment, due to elections, heatwaves, and an uneven monsoon across the country. Inventory levels for passenger vehicles remained elevated during the quarter. On a positive side, the festive season has seen a demand recovery across segments, as reflected in the monthly OEM figures."

At Lumax, we have built enduring relationships with OEMs, and we are confident in our ability to expand our market share and enhance our kit value. Our strong technological advantage, driven by collaborations with global automotive ancillary leaders, positions us well to deliver increased value and innovation to our customers.

With the announcement of acquiring the majority stake of Green Fuel’s renewable energy business, we are expanding our portfolio and are confident in seamlessly integrating this business with Lumax. This acquisition aligns with our strategic goals, and we anticipate significant synergies that will drive long-term value and growth for our stakeholders.

We are optimistic about the year ahead, as we anticipate improved market visibility and a revival in demand, bolstered by upcoming product launches. These factors position us well for sustained growth and continued success."

Result PDF

Auto Parts & Equipment company Lumax Auto Technologies announced Q1FY25 results:

  • Revenue for Q1FY25 stood at Rs 756 crore; compared to Rs 632 crore in Q1FY24 up by 20% YoY
  • EBITDA for Q1FY25 stood at Rs 105 crore; up by 20% YoY, EBITDA margins at 14.0%
  • Profit after Tax (PAT) and Minority Interest stood at Rs 32 crore compared to Rs 22 crore in Q1FY24 up by 43% YoY for Q1FY25  

Commenting on the results  Anmol Jain, MD, Lumax Auto Technologies said, We are delighted to report robust performance for the quarter with revenues growing by 20% for Q1FY25 standing at Rs 756 crore. EBITDA for the quarter stood at Rs 105 crore, growing by 20% with EBITDA margins at 14%. This growth reflects our unwavering commitment to excellence and the effectiveness of our strategic initiatives.

On the operations front, we are delighted to report an increase in share of Passenger Vehicle (PV) segment, driven by a strong order book and robust execution. As the PV market continues to expand in India, we are confident in our ability to sustain this momentum and capitalize on emerging opportunities. In the broader industry landscape, while we observed higher inventory levels, these are now being cleared in anticipation of new model launches slated for the second half of the year, positioning us well for continued growth.

Looking ahead, our focus remains on deepening our relationships with customers by increasing our wallet share through leveraging our strong partnerships and technological expertise. We are committed to enhancing our kit value by continuously improving our products, ensuring that we stay ahead of industry trends and meet the evolving needs of our customers.

In conclusion, our robust Q1 performance lays a strong foundation for the remainder of FY25. With a clear focus on innovation, execution, and customer satisfaction, we are poised to achieve sustained growth and deliver exceptional value to our stakeholders

Result PDF

Auto Parts & Equipment company Lumax Auto Technologies announced Q4FY24 & FY24 results:

  • Highest ever quarterly revenues for Q4FY24 at Rs 757 crore; up by 54% YoY
  • For FY24, Revenue at Rs 2,822 crore; up by 53% YoY
  • EBITDA for Q4 at Rs 110 crore; up by 77% YoY, EBITDA margins at 14.5%, up by 190 bps YoY for Q4FY24.
  • For FY24, EBITDA margins at 14.6% compared to 12.1% in FY23, up by 250 bps
  • Profit after Tax (PAT) before Minority Interest at Rs 51 crore, up by 116% YoY for Q4FY24 and Rs 167 crore, up by 50% YoY for FY24.

Commenting on the results, Anmol Jain, MD, Lumax Auto Technologies said, " With remarkable growth in the automotive industry, driven by a surge in PV segment demand and robust 2-wheeler sales, our focus on safety, innovation, and lightweighting remains paramount. These strong results are a testament to our customers' trust, enabling us to continue delivering excellence and innovative solutions. The company is positioned as a leader in the industry with strong operational and financial results, owing to its diversified product portfolio and strong partnerships that center on cutting-edge automotive technologies and innovations."

Vikas Marwah, CEO added that "Lumax Technologies is dedicated to niche technologies and markets, aiming to carve out a unique position in the industry. The company with its multi-product and multi partnerships aims to scaleup its product offerings and explore new avenues in the automotive industry. We are committed to promoting emerging areas like advanced plastics, electronisation to meet the dynamic demands of our customers and the industry.”

Result PDF

Auto Parts & Equipments company Lumax Auto Technologies announced Q1FY24 results:

  • Consolidated revenues stood at Rs 632 crore; up by 50% YoY; Highest ever single quarter revenue  
  • EBITDA stood at Rs 88 crore; up by 82% YoY, EBIDTA margins stood at 14%, up by 250 bps YoY
  • Profit after Tax (PAT) and Minority interest stood at Rs 22 crore. PAT margins stood at 3.5%
  • Integrated Plastic Modules contributed 47% to overall Revenues followed by Aftermarket at 13%, Gear Shifter at 13%, Fabrication at 8%, Emission at 6%, Lighting products at 5%, and Others at 7%
  • Passenger Car contributed 45% to overall Revenues, 2/3?Wheelers at 24%, After Market contributed 13%, CV’s at 9% and others at 8%

Commenting on the results Anmol Jain, MD, Lumax Auto Technologies said, "We are delighted to announce yet another quarter of strong operational & financial performance. In Q1FY24, our revenues grew by 50% on a YoY basis and our EBITDA surged by 250 basis points YoY. Despite encountering several challenges over the past two years, the automotive industry has exhibited remarkable resilience in its growth trajectory. With a concerted emphasis on localizing production, alleviating supply chain bottlenecks, higher EV adoption, integrating digital solutions for enhanced customer experiences, and embracing a shift towards elevated & premium vehicle offerings, the prospects appear promising.

Within the domain of Lumax, our deep industry expertise, long-standing relationships with OEMs, state-of-the-art manufacturing facilities, and continuous innovation gives us the confidence to not only outpace the industry growth but also enhance our client base and deepen our wallet share among existing OEMs.

Our recent partnership, IAC India is performing as per our expectations and is adding significant value to content per vehicle. With the integration of IAC India with Lumax, we have not only enhanced our product portfolio but are also successful in cross-selling and upselling these products to our existing & new clients."

 

Result PDF

Lumax Auto Technologies announced Q2FY23 results:

  • Q2FY23 Consolidated:
    • Q2FY23 revenue at Rs 487 crore; growth of 21% YoY; Historic high single quarter revenue
    • Q2FY23 EBITDA at Rs 64 crore; up by 25% YoY
    • EBITDA margin at 12.2% for Q2FY23; up by 30 bps YoY
    • PAT for Q2FY23 stood at Rs 29 crore; up by 24% YoY. PAT margin stood at 6.0%

Commenting on the results Mr. Anmol Jain, MD, Lumax Auto Technologies said “We are seeing the twin benefits of the uptick in the Auto industry and being a multi-product company. We have seen growth across all OEMs and product categories and strongly believe this trend to continue. With increased technological advancements, consumer sentiments & buying behaviour, we envisage demand for more advanced & premium products to increase, which in turn will be the future growth drivers for the auto industry. We have been continuously working to improve our product performance and keep abreast with the shift witnessed in the auto industry.

At LATL, we have witnessed strong momentum backed by operating leverage benefits. As utilization levels increase across our subsidiaries and launch of new products for our OEMs, we are confident of growth momentum to continue.”

Result PDF

Auto Parts & Equipment firm Lumax Auto Technologies announced Q1FY23 Result :

  • Q1FY23 revenue at Rs. 422 cr; growth of 62% from Q1FY22
  • EBITDA margin at 11.5% for Q1FY23 up by 430 bps from Q1FY22
  • PBT margin at 8.2% for Q1FY23

Commenting on the results Mr. Anmol Jain, MD, Lumax Auto Technologies said “Despite the challenges faced by the auto industry during the last few quarters, we have consistently been able to report strong quarterly revenue & profitability and are optimistic of maintaining similar growth run rate in the coming future. We are seeing a sharp revival in the auto industry on the back of stabilizing commodity prices and ease of shortages of semiconductors. With increased technological advancements, consumer sentiments & buying  behaviour, we envisage demand for more advanced & premium products to increase, which in turn will be the future growth drivers for the auto industry. We have been continuously working to improve our product performance and keep abreast with the shift witnessed in the auto industry. With high runway for growth in the industry, our strong product portfolio & long-standing relationships with OEM’s; we are confident of outperforming the industry growth by increasing our wallet share among the existing customers, addition of our supplies in the new launches and addition of new customers.”

 

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app