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Lumax Industries Ltd share Price Today

Company details

2,513.35
2,571.45
1,863.10
2,910.00
6M Return -7.21%
1Y Return 34.29%
Mkt Cap.(Cr) 2,367.43
Volume 14,058
Div Yield 1.38%
OI
-
OI Chg %
-
Volume 14,058

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

  • Revenue at Rs 743 crore for Q4FY24 and Rs 2,637 crore for FY24, up by 22.1% and 13.7% YoY respectively
  • EBITDA at Rs 71 crore and Rs 242 crore for Q4FY24 & FY24 respectively
  • EBITDA margins at 9.6% for Q4FY24 & 9.2% for FY24
  • PAT for Q4FY24 at Rs 36 crore vs Rs 21 crore in Q4FY23, a growth of 73.8%
  • PAT margin stood at 4.9% for Q4FY24 vs 3.4% in Q4FY23
  • Recommends final dividend of Rs 35 per equity share (FV Rs 10/- per equity share)

Commenting on the performance Deepak Jain, Chairman & Managing Director, Lumax Industries Limited said, “We are pleased to report a strong performance for FY24, with revenues increasing by 14% year-over-year. This growth was driven by strong sectoral tailwinds, including the aspirational demand for vehicle ownership in the country, favourable government policies, and our focus on improving efficiencies. As a pioneer in automotive lighting solutions for decades, Lumax Industries remains the preferred choice for OEMs seeking innovative and advanced comprehensive lighting solutions due to our unwavering commitment to excellence.

On the operations front, we inaugurated Phase 1 of our Chakan plant in Q3FY24, which is witnessing strong capacity utilization driven by robust order flows, and we're confident of a swift ramp-up in the coming months. Additionally, we've announced for Phase 2 expansion of the plant, which is set to be commissioned by Q3FY25. Further, we're establishing a new manufacturing facility in Sanand to cater to strong demand for advanced lighting solutions from our OEM partners. This facility is poised to commence operations in the coming month.

We are optimistic about FY25 and will continue to focus on R&D, leveraging our experience to capitalize on sectoral tailwinds. We are confident in our ability to manufacture high-quality lighting solutions for OEMs and remain steadfast in our commitment to maintaining our leadership position in the automotive lighting industry."

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Lumax Industries Ltd shares SWOT Analysis

Strengths (8)

  • Strong QoQ EPS Growth in recent results
  • Good quarterly growth in the recent results
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (0)

Data not found

Opportunity (2)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 2,564.9
R2 2,597.2
R3 2,623.0
Pivot

2,539.12

S1 2,506.8
S2 2,481.0
S3 2,448.7
EMA SMA
2,595.3
2,526.8
2,471.7
2,370.8
2,588.5
2,499.6
2,447.9
2,406.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GOENKA BUSINESS & FINANCE LIMITED Bulk Purchase 2021-08-23 1376.55 48154 NSE
GOENKA BUSINESS & FINANCE LIMITED Bulk Sell 2021-08-23 1408.55 48154 NSE
ASHISH RAMCHANDRA KACHOLIA Bulk Purchase 2017-10-10 1395.36 62837 BSE
Name Category Shares
ANMOL JAIN PROMOTER 13.3%
DEEPAK JAIN PROMOTER 13.3%
STANLEY ELECTRIC CO. LTD PROMOTER 35.77%
LUMAX AUTO TECHNOLOGIES LIMITED PROMOTER 5.62%
LUMAX FINANCE PRIVATE LIMITED PROMOTER 5.28%
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED PROMOTER 1.73%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Lumax Industries Ltd Stocks COMPARISON

Financials( in Cr) Lumax Industries Ltd Samvardhana Motherson International Ltd Bosch Ltd Uno Minda Ltd Exide Industries Ltd
Price 2,532.55 151.70 30,610.35 860.90 497.95
% Change 0.14 2.71 -1.66 -0.59 -1.75
Mcap Cr 2,367.43 102,798.31 90,282.17 49,423.84 42,325.75
Revenue TTM Cr 2,319.52 78,700.70 14,929.30 11,236.49 15,078.16
Net Profit TTM Cr 103.08 1,669.60 1,424.30 700.23 822.77
PE TTM 21.29 34.65 50.14 57.82 49.13
1 Year Return 34.29 88.33 67.31 55.48 138.88
ROCE 18.02 8.59 17.05 18.68 10.55
ROE 19.17 7.76 13.14 18.44 7.58
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 583.58 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,641.00 -26,315.30
LAST 3M 112,356.80 -35,490.78
LAST 6M 175,524.06 28,431.26
LAST 12M 275,282.89 115,769.27
Lumax Industries Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 30, 2024 l NSE Announcement

Lumax Industries Limited - Other General Purpose

May 28, 2024 l NSE Announcement

Lumax Industries Limited - Other General Purpose

May 27, 2024 l NSE Announcement

Date Action Type Ratio
Aug 10, 2023 Dividend 270
Jul 08, 2022 Dividend 135

Lumax Industries Ltd Information

Stock PE (TTM)
21.29
Promoter Holding
75%
Book Value
718.2353
ROCE
18.02%
ROE
19.17%
Description
  • Lumax Industries(LIL) is engaged in the business of manufacture, trading and supply of auto components, mainly automotive lighting systems for four wheeler and two wheeler vehicles. Lumax Industries established as a trading concern under the name Globe Auto Industries in Delhi on 1949 has got into manurfacturing activity in 1957 by setting upa a plant in Delhi. Now it has four manufacturing units at Delhi, Faridabad, Gurgaon and Pune. The company tapped the capital market in 1984. It has renowned customers for its products -- Telco, Ashok Leyland, Ford, Hindustan Motors, Nissan, DCM Toyota, Bajaj Tempo, Mahindra & Mahindra, Maruti, Premier Automobilies, Hero Honda, Bajaj, etc. Lumax`s products are exported to the Gulf, African, South-East Asian and European countries. A number of the company`s products have been type-approved by the defence sector. LIL had set up a new automobile lighting equipment unit at a cost of around Rs 400 million at Gurgaon, with latest technological advancements. In 1998-99, the company increased the installed capacity of its head lamps and tail lamps/rear combination lamps to 25,00,000 nos and 29,50,000 nos. During 2000-01 the installed capacity of Head Lamps & Filters have increased to 32,50,000 & 6,50,000 respectively. The company decided to spinoff its Mirror and Filter division which produces rearview mirrors and oil-filters into a separate company i.e. Lumax Aircleaners Ltd. The scheme of demerger arrangement is pending approval of the High Court as on Sep 11, 2003. This scheme envisages allotment of 1 equity share of the resultant new company for 4 shares of LIL. This demerger leaves LIL as a pure Auto Lighting company. During 2016-17, the Company set up first international state-of-the-art design centre in Taiwan in May, 2016; approved investment of about Rs 120 crores to its existing plant at Sanand, which was set-up in the year 2011 for supplies to Tata Nano and which was non-operational due to subdued volumes of Tata Nano. The Company commenced manufacturing operations in Sanand by expanding footprint further in Gujarat in 2017. During 2017-18, it inaugurated the 9th Lighting Manufacturing unit at Sanand, Gujarat; the State-of-Art automated facility was setup with an initial capacity of 3,00,000 car sets annually, which commenced Commercial Production with effect from 10th January, 2018. During the year 2020, the Company expanded Sanand & Bangalore manufacturing facility which costed Rs 64.86 cr; capex for new Projects at other Plants at Rs 53.46 cr and purchase of Plant & Machinery for PCB costing Rs 23.67 cr. Further, an expenditure on Research and Development facilities of Chakan and Gurugram was done to the tune of Rs 1.66 Cr. During the year 2021, the Company expanded Bangalore manufacturing facility costing Rs 14.70 crore, Capex for new Projects at other plants costing Rs 24.11 cr; Capex advance payment for new Projects at Bawal and Sanand (Under Development) - Rs 3.482 crore and Rs 3.78 crore respectively. Further, an expenditure on Research and Development facilities of Chakan and Gurugram was done to the tune of Rs 3.26 crore. During the year 2022, the Company invested capex for new Projects at other plants costing Rs 41.79 crore, Capex for new Projects at Bawal and Sanand - Rs 35.77 crore and Rs 69.08 crore respectively. Further, an expenditure on Research and Development facilities of Chakan and Gurugram was done to the tune of Rs 0.11 crore. The Company commenced the commercial production of automotive electronic components at its new manufacturing plant situated at Bawal, Haryana on 12 January 2022 and also commenced the commercial production at its new Sanand Plant situated at Gujarat on 29 March 2022.

Registered Address

2nd Floor Harbans Bhawan II, Commercial Complex Nangal Raya, New Delhi, New Delhi, 110046

Tel : 91-11-4985 7832
Email : ankita.gupta:lumaxmail.com; lumaxshare:lumaxmail.c
Website : http://www.lumaxindustries.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 517206
NSE Code : LUMAXIND
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE162B01018

FAQ’s on Lumax Industries Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of May 30, 2024 03:59 PM the closing price of Lumax Industries Ltd was Rs.2,532.55.

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 May 30, 2024 03:59 PM, the market cap of Lumax Industries Ltd stood at Rs. 2,367.43.

The latest PE ratio of Lumax Industries Ltd as of May 30, 2024 03:59 PM is 21.29

The latest PB ratio of Lumax Industries Ltd as of May 30, 2024 03:59 PM is 0.28

The 52-week high of Lumax Industries Ltd share price is Rs. 2,910.00 while the 52-week low is Rs. 1,863.10

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