Lumax Industries Ltd
LUMA

Lumax Industries Ltd (LUMAXIND)

₹1104.954.91%

Key Stats

₹1024.2
Day's Price Range
₹1117.35
₹860.05
52-Week Price Range
₹1708.95
1 Month Return9.44 %
3 Month Return4.47 %
1 Year Return-35.84 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 35
28.2
EPS
Rank 12
₹37.33
BVPS
Rank 7
₹492.56
Dividend Yield
Rank 34
0.44%
ROE
Rank 61
4.36%
Price To Book Ratio
Rank 29
2.13
Debt To Asset
Rank 19
0.67

Company Information

Lumax IndustriesLIL is into manufacture of range of autolighting equiment including headlamps and auxillary lamp assemblies for 2 3 4 wheelers and oil filters and rear view mirrors. LIL roped in Stanley Electric Japan as a technical collaborator in 1984. The Japanese Collaborator holds around 20 stake in the company.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. Lumaxs products are exported to the Gulf African SouthEast Asian and European countries. A number of the companys products have been typeapproved 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 199899 the company increased the installed capacity of its head lamps and tail lamps/rear combination lamps to 2500000 nos and 2950000 nos. During 200001 the installed capacity of Head Lamps Filters have increased to 3250000 650000 respectively.The company decided to spinoff its Mirror and Filter division which produces rearview mirrors and oilfilters 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.
OrganisationLumax Industries Ltd
HeadquartersNew Delhi
IndustryAuto Ancillaries