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Lumax Industries Ltd (LUMAXIND)

₹2899.60.12%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 4 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 4 analysts offering long term price targets for Lumax Industries Ltd. An average target of ₹2996

Source: S&P Global Market Intelligence

Lumax Industries Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹2,825
    ₹2,910
  • 52 Week's Low

    52 Week's High

    ₹1,985.05
    ₹3,033.8
1 Month Return+ 1.87 %
3 Month Return+ 16.04 %
1 Year Return+ 39.71 %
Previous Close₹2,903.15
Open₹2,887.25
Volume6,936.00
Upper Circuit-
Lower Circuit-
Market Cap₹2,714.45Cr

Key Statistics

P/E Ratio24.45
PEG Ratio2.88
Market Cap₹2,714.45 Cr
P/B Ratio3.44
EPS111.04

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Bandhan Transportation and Logistics Fund Direct GrowthBandhan Transportation and Logistics Fund Direct Growth1.86%
HDFC Retirement Savings Fund - Hybrid Equity Plan - Direct PlanHDFC Retirement Savings Fund - Hybrid Equity Plan - Direct Plan0.6%
Bank of India Multi Cap Fund Direct GrowthBank of India Multi Cap Fund Direct Growth0.95%
Bank of India Manufacturing & Infra Direct Plan GrowthBank of India Manufacturing & Infra Direct Plan Growth1.3%
Bandhan Hybrid Equity Fund Direct Plan GrowthBandhan Hybrid Equity Fund Direct Plan Growth0.52%

Company Information

Lumax IndustriesLIL is an Indian auto component manufacturing company that produces automotive lighting systems for four-wheeler and two-wheeler vehicles. Established in 1949 as a trading concern, Lumax got into manufacturing activities in 1957 and now has four manufacturing units based out of Delhi, Faridabad, Gurgaon, and Pune. With renowned customers such as Tata, Ashok Leyland, Ford, and Bajaj, the company exports to markets in the Gulf, African, Southeast Asian and European countries. In 2016, Lumax invested ~Rs 120crore to set up a new automated state-of-the art design center in Taiwan, while in 2017-18, it inaugurated its 9th lighting manufacturing unit at Sanand, Gujarat. In 2020, the company has expanded its Sanand and Bangalore facilities with a total expenditure of ~Rs 140.20crore. Furthermore, in 2021 and 2022, the company invested ~Rs 120.70crore and ~115.76crore respectively into new projects. With commencement of the commercial production of automotive electronic components at Bawal, Haryana in 2022, Lumax has grown significantly and has become a go-to brand for auto component supplies.

Share Price: ₹2899.60 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,714.45Cr as of today
Revenue: ₹742.69Cr as on March 2024 (Q1 24)
Net Profit: ₹36.07Cr as on March 2024 (Q1 24)
Listing date: 20 Jun, 1995
Chairperson Name: Deepak Jain
OrganisationLumax Industries Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Lumax Industries Ltd

  • Lumax Industries to Increase Capacity Utilization - 24 Jun, 2024

    Lumax Industries, the lead lighting supplier for OEMs, plans to increase capacity utilization to over 90% in FY25 from about 60% at the end of FY24. The company will invest INR 250-300 crore in capex for FY25.

  • Raju Bhauso appointed as CEO of Lumax Industries - 08 Jun, 2024

    Lumax Industries has appointed Raju Bhauso as its new CEO, succeeding Vishnu Johri who resigned due to personal reasons. Bhauso is a senior industry veteran with over 3 decades of experience in the manufacturing sector. The company reported a 73.86% jump in consolidated net profit to Rs 36.06 crore on a 22.13% increase in revenue from operations to Rs 742.68 crore in Q4 FY24 over Q4 FY23. The stock rose by 1.48% to end at Rs 2,689.90 on Friday, 7 June 2024.

  • Lumax Industries' Earnings May Be Overstated - 01 Jun, 2024

    Recent earnings of Lumax Industries suggest that its true underlying earnings power may be less than its statutory profit due to a negative accrual ratio and less than ideal cash conversion.

  • Lumax Industries Reports Strong Financial Results for March 2024 Quarter - 28 May, 2024

    Lumax Industries reports a YoY increase of 22.13% in net sales, with quarterly net profit up by 73.82%. The company's EPS has also increased from Rs. 22.20 to Rs. 38.58. Lumax Industries shares closed at 2,674.55 on May 27, 2024 (NSE) and have given -0.11% returns over the last 6 months and 41.81% over the last 12 months.

  • Lumax Industries Shares Fall After Declaring Dividend and Posting Results - 27 May, 2024

    Lumax Industries' shares fell by 8% after the company declared its highest dividend payout since 2019 and posted Q4FY24 results showing a 22.1% YoY increase in revenue and a 73.9% YoY rise in net profit. The stock is down 6.1% on Monday.

  • Lumax Industries Reports Strong Financial Results for FY2024 - 26 May, 2024

    Lumax Industries has reported strong financial results for FY2024, with revenue of Rs. 26.5 billion and net income of Rs. 1.11 billion. The company's Q4FY24 net sales were also impressive, at Rs. 742.69 crore. Lumax Industries shares are up 9.2% from a week ago.

Insights on Lumax Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, LUMAXIND stock has moved up by 16.0%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 25.58 Cr → 36.07 Cr (in ₹), with an average increase of 29.1% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 644.96 Cr → 770.2 Cr (in ₹), with an average increase of 16.3% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.46% to 1.57% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.09% to 1.17% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 319.9% return, outperforming this stock by 225.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.00% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 98.6% return, outperforming this stock by 58.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 22.44% to 22.25% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹742.69Cr
↑17.57%
Net Income
₹36.07Cr
↑41.01%
Net Profit Margin
4.86%
↑20.00%
2023Y/Y Change
Revenue
₹2,319.52Cr
↑32.44%
Net Income
₹103.08Cr
↑153.14%
Net Profit Margin
4.44%
↑90.56%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,731.97Cr
↑19.24%
Total Liabilities
₹1,250.56Cr
↑21.44%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹110.72Cr
↑2.53%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75%
0.00
Foreign Institutions
1.17%
7.46
Mutual Funds
1.57%
7.65
Retail Investors
22.25%
-0.86
Others
0%
-2.63

Key Indicators

Lumax Industries Ltd Valuation

Lumax Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.61x)

August 5, 2019

Today (24.45x)

July 23, 2024

Industry (62.42x)

July 23, 2024

Highest (135.24x)

March 3, 2021

LowHigh

Earnings and Dividends

  • Lumax Industries Ltd Earnings Results

    Lumax Industries Ltd’s net profit jumped 73.83% since last year same period to ₹36.07Cr in the Q4 2023-2024. On a quarterly growth basis, Lumax Industries Ltd has generated 41.01% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Lumax Industries Ltd Dividends May,2023

    In the quarter ending March 2023, Lumax Industries Ltd has declared dividend of ₹27 - translating a dividend yield of 0.93%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Lumax Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Lumax Industries Ltd (LUMAXIND) share price today is ₹2899.6

Lumax Industries Ltd is listed on NSE

Lumax Industries Ltd is listed on BSE

  • Today’s highest price of Lumax Industries Ltd is ₹2910.
  • Today’s lowest price of Lumax Industries Ltd is ₹2825.

PE Ratio of Lumax Industries Ltd is 24.45

PE ratio = Lumax Industries Ltd Market price per share / Lumax Industries Ltd Earnings per share

Today’s traded volume of Lumax Industries Ltd(LUMAXIND) is 6,936.00.

Today’s market capitalisation of Lumax Industries Ltd(LUMAXIND) is ₹2714.45Cr.

Lumax Industries Ltd(LUMAXINDPrice
52 Week High
₹3033.8
52 Week Low
₹1985.05

Lumax Industries Ltd(LUMAXIND) share price is ₹2899.6. It is down -4.42% from its 52 Week High price of ₹3033.8

Lumax Industries Ltd(LUMAXIND) share price is ₹2899.6. It is up 46.07% from its 52 Week Low price of ₹1985.05

Lumax Industries Ltd(LUMAXINDReturns
1 Day Returns
-3.55%
1 Month Returns
1.87%
3 Month Returns
16.04%
1 Year Returns
39.71%