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Lumax Auto Technologies Ltd share Price Today

Company details

517.00
540.50
332.35
544.80
6M Return 35.99%
1Y Return 46.99%
Mkt Cap.(Cr) 3,537.06
Volume 236,029
Div Yield 1.06%
OI
-
OI Chg %
-
Volume 236,029

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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.”

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Lumax Auto Technologies Ltd shares SWOT Analysis

Strengths (14)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Good quarterly growth in the recent results

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 534.0
R2 549.0
R3 557.5
Pivot

525.48

S1 510.5
S2 502.0
S3 487.0
EMA SMA
503.6
486.0
464.2
428.1
497.6
483.1
464.8
419.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
AMARA PARTNERS GROWTH FUND I Bulk Purchase 2024-05-27 478 606000 NSE
ALBULA INVESTMENT FUND LTD Bulk Sell 2024-05-27 478 606000 NSE
AMARA PARTNERS GROWTH FUND I Block Purchase 2024-05-27 478 606000 NSE
Name Category Shares
Deepak Jain PROMOTER 18.96%
Anmol Jain PROMOTER 18.95%
LUMAX FINANCE PRIVATE LIMITED PROMOTER 17.77%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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Lumax Auto Technologies Ltd Stocks COMPARISON

Financials( in Cr) Lumax Auto Technologies Ltd Samvardhana Motherson International Ltd Bosch Ltd Uno Minda Ltd Exide Industries Ltd
Price 518.95 187.72 32,606.35 1,081.05 569.70
% Change -3.32 1.23 1.09 0.19 -0.45
Mcap Cr 3,537.06 127,206.98 96,169.17 62,062.54 48,424.50
Revenue TTM Cr 1,847.46 78,700.70 14,929.30 11,236.49 15,078.16
Net Profit TTM Cr 111.46 1,669.60 1,424.30 700.23 822.77
PE TTM 27.16 44.05 52.55 72.11 55.23
1 Year Return 46.99 128.37 71.08 83.96 158.54
ROCE 15.93 8.59 17.05 18.68 10.55
ROE 18.49 7.76 13.14 18.44 7.58
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 661.61 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 37,632.06 8,630.44
LAST 3M 107,380.98 -14,987.35
LAST 6M 184,073.87 -1,796.10
LAST 12M 295,969.92 99,991.16

Lumax Auto Technologies Ltd Information

Stock PE (TTM)
27.16
Promoter Holding
55.98%
Book Value
115.8507
ROCE
15.93%
ROE
18.49%
Description
  • Lumax Auto Technologies Ltd was incorporated on October 30, 1981 as a private limited company with the Lumax Auto-Electricals Pvt Ltd. On November 2, 1988, the Company changed their name from Lumax Auto-Electricals Pvt Ltd to Dhanesh Auto Electricals Pvt Ltd. Subsequently, on March 30, 2002, the company got converted into public limited company and the name was changed to Dhanesh Auto Electricals Ltd. and finally, the name changed from Dhanesh Auto Electricals Ltd to Lumax Auto Technologies Ltd. on August 2, 2006. Lumax Auto Technologies Ltd is a part of the D K Jain Group of companies. The company is engaged in the manufacture of automotive parts like sheet metal parts, fabricated assemblies, tubular parts for two wheeler and three wheeler industries. They operate in two segments, namely Automotive Parts and Trading of Motor Adjusters. They have six manufacturing plants, in which, three are located in Pune, two plants in Aurangabad, and a research and development centre in Pune. The company`s product line includes two wheeler chassis, exhaust systems and mufflers, fork and handle bar assemblies, petrol tanks, adjustor motors, auto lightings among numerous others. The company has one wholly owned subsidiary company, namely Lumax DK Auto Industries Ltd. The company was established to manufacture and supply automotive components at Bhosari. In the year 1988, the company started their second unit at Waluj, Aurangabad for supplying auto parts to Bajaj Auto Ltd. In the year 1993, they established R&D centre at Chinchwad, Pune to cater to the development requirement for the new business. In the year 1995, the company started their third unit at Chakan, Pune for manufacturing of exhaust systems and fuel tanks for two wheelers. In the year 1997, they started their fourth unit at Waluj, Aurangabad for the production of motorcycle chassis for Bajaj Auto Limited. In the year 2000, Bajaj Auto Ltd selected the company as a cluster member for TPM Activities. In the year 2002, the company started lighting Division at Chakan. In the year 2004, the company received ISO Certificate for Chakan Unit. In the year 2005, they received ISO Certificate for Bhosari Unit. In January 2006, Lumax DK Auto Industries Ltd became a wholly owned subsidiary of the company. During the year 2007-08, the company entered into joint venture agreement with Officine Metallurgiche G Cornaglia, SpA, Italy through their subsidiary Cornaglia Metallurgical Products India Pvt Ltd to manufacture and supply Air Intake Systems and Exhaust Systems to Automobile manufacturers. During the year 2008-09, the company started commercial production of leveling motors unit at Chakan, Pune. They added three new customers, including two for supply of Car Seating Frame and one for export business which will add to the business in future. The joint venture company acquired prestigious orders for Air Intake System from VOLKS WAGEN & SKODA INDIA, making it the single source catering to all the vehicle platforms of these customers. During the year 2009-10, the company started a new trading unit at Manesar, Haryana, for Trading of Adjustor Levellor Motors business. They diversified into Non-Auto Segment business LED based Lightings and other Infrastructural Lightings. Also, they started the commercial production of "Seat Frame Business". In March 2010, the company set up a new plant at Kale-amb in Himachal Pradesh for production of various Auto bulbs and related applications. In 2011 - 12, the Company diversified into the business of Electronic Manufacturing with the setting up of State-of-the-art Surface Mounted Technology (SMT) line. It started supply to Lear for their GM S2 Model and to Tata Johnson for Tata X1 model in 2012-13. The manufacturing operations of Robotic Frame Welding Plant at Waluj, commenced in Nov. 2012. Thereafter, the manufacturing operations and supplies of plastic moulded parts to Honda Motorcycle and Scooters India (HMSI) at Narsapura Plant, Hobli in Karnataka started from July, 2013. In January 2015, the Company set up a new Robotic plant for manufacturing of Chassis & Fabrication parts in Waluj, Aurangabad. The Company acquired Lumax Management Services Private limited as its 100% wholly owned subsidiary and incorporated Velomax Mobility Private Limited as its step-down subsidiary during the year 2016-17. BS VI product line was launched in 2018-19. Lumax Gill - Austem Auto Technologies Private Limited (LGAT) became subsidiary of the Company effective from April 01, 2018. The Subsidiary Company "Lumax DK Auto Industries Limited" was merged with the Company in March 2020. Lumax Ituran Telematics Private Limited (LITPL) was made a Subsidiary Company of the Company effective January 01, 2022. During FY 2022-23, the Company upgraded its manufacturing facilities at Pune & Bengaluru. A wholly owned subsidiary, Lumax Mettalics Private Limited (LMPL) was merged with the Company in March, 2023 through the Scheme of Amalgamation and the merger became effective from April 1, 2022.

Registered Address

Plot No 70 Sector No 10, PCNTDA Bhosari Industrial Area, Pune, Maharashtra, 411026

Tel : 91-20-66304606/66304617
Email : shares:lumaxmail.com; pcntda:lumaxautotech.com
Website : http://www.lumaxworld.in/lumaxautotech
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 532796
NSE Code : LUMAXTECH
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE872H01027

FAQ’s on Lumax Auto Technologies Ltd Shares

You can buy Lumax Auto Technologies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Lumax Auto Technologies Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 21, 2024 03:59 PM the closing price of Lumax Auto Technologies Ltd was Rs.518.95.

The latest PE ratio of Lumax Auto Technologies Ltd as of Jun 21, 2024 03:59 PM is 27.16

The latest PB ratio of Lumax Auto Technologies Ltd as of Jun 21, 2024 03:59 PM is 0.22

The 52-week high of Lumax Auto Technologies Ltd share price is Rs. 544.80 while the 52-week low is Rs. 332.35

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 21, 2024 03:59 PM, the market cap of Lumax Auto Technologies Ltd stood at Rs. 3,537.06 Cr.

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