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Earnings Call

Lumax Auto Technologies Earnings Call: Key Takeaways

Lumax Auto Technologies reported record-breaking FY26 performance with revenue of ₹4,870 crore and PAT of ₹337 crore, driven by strong core product scale-up and acquisitions like IAC India.

Why this was an Alfa AlertNot a filter event. Company delivered strong growth and met mid-term targets, but did not materially exceed its own specified single-year guidance range by >10%.
Highlights
Revenue growth34% YoY growth in FY26 to ₹4,870 crore.
MarginsEBITDA margin at 14.5%; targets 30 bps improvement in FY27.
Order book₹1,450 crore; 25% execution in FY27, 54% in FY28.
Demand visibilityStrong order book of ₹1,450 crore provides healthy future visibility.
Management confidenceConfident in outperforming industry growth with 20% CAGR strategy.

Growth

FY26 Revenue grew 34% YoY to ₹4,870cr; EBITDA up to ₹705cr (14.5% margin); PAT surged 47% to ₹337cr.

Outlook

Guidance of 20% CAGR over 3-5 years; planned capex of ₹275-300cr for FY27; focus on software-defined vehicles.

Risks

Macroeconomic uncertainties, commodity inflation, energy price volatility, and high debt from inorganic acquisitions.

Last quarter's promises, checked

Delivered

  • Guided 25% revenue growth → delivered 40% (Q3) / 38% (9M) (= BEAT)
  • Guided 14.5% EBITDA margins → delivered 15% (= BEAT)
  • Guided ~INR 220cr FY26 capex → delivered INR 172cr (9M) (= BEAT)

Partly delivered

  • Guided 20% Aftermarket growth → delivered 15% (= PARTIAL)
Source

Earnings Call filed with BSE, NSE: LUMAXTECH. Summary written with AI assistance from the document.

Read the document ↗

Lumax Auto Technologies Ltd: key numbers

Share price
₹2,026.80
Market cap
₹13,814 Cr
Revenue (annual)
₹4,870 Cr
Net profit (annual)
₹278.9 Cr
P/E (TTM)
42.6×Sector 33.6×
Promoter holding
55.98%+0.00% QoQ
FII holding
8.70%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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