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Lumax AutoTechnologies Ltd

LUMAXTECH

Lumax AutoTechnologies Ltd

LUMAXTECH
Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹3,513 cr, stock is ranked 903
Moderate RiskStock is 2.78x as volatile as Nifty
515.451.11% (-5.80)
515.451.11% (-5.80)

Price Chart

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Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹3,513 cr, stock is ranked 903
Moderate RiskStock is 2.78x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹3,513 cr, stock is ranked 903
Moderate RiskStock is 2.78x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
25.143.471.07%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.646.730.49%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Lumax Auto Technologies Limited is an automotive company which is engaged in the aftermarket sales of automotive parts. The Company is engaged in the business of dealing and manufacturing of automotive lighting equipment and automotive components.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 18.76%, vs industry avg of 8.46%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.55% to 0.89%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 14.59%, vs industry avg of 10.9%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue912.00978.881,036.911,213.591,167.261,126.111,520.731,871.332,866.753,000.42
Raw Materialssubtract662.05675.93702.75787.71755.67743.841,011.261,190.441,779.432,570.03
Power & Fuel Costsubtract14.1614.1916.3719.6219.6317.8220.1723.6139.25
Employee Costsubtract78.2195.51104.57132.29134.78132.41162.75198.49362.24
Selling & Administrative Expensessubtract47.8854.2849.5461.1862.2553.2467.8296.18133.12
Operating & Other expensessubtract34.2855.6654.4182.0977.6363.1196.75146.81139.07
Depreciation/Amortizationsubtract20.8623.5324.4127.0734.5134.1539.5152.29118.00118.36
Interest & Other Itemssubtract4.933.832.423.409.8710.049.5716.7368.9172.09
Taxes & Other Itemssubtract17.8621.4433.6934.3514.9024.3743.4953.9196.55100.19
EPS4.665.067.159.678.516.9110.1813.6319.1020.50
DPS0.940.942.003.003.003.003.504.505.504.50
Payout ratio0.200.190.280.310.350.430.340.330.290.22

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 12PDF
Feb 9PDF
Nov 11PDF
Aug 11PDF
FY 2023

Annual report

PDF

Investor Presentation

May 31PDF
Feb 19PDF
Feb 13PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 10PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryAuto Parts

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Lumax AutoTechnologies Ltd26.993.471.07%
Samvardhana Motherson International Ltd45.614.390.44%
Bosch Ltd41.588.591.07%
Schaeffler India Ltd60.5611.330.75%

Price Comparison

Compare LUMAXTECH with any stock or ETF
Compare LUMAXTECH with any stock or ETF
LUMAXTECH
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 1.20%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding55.98%13.70%2.47%5.74%22.11%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep18.23%17.97%15.89%9.04%6.94%5.74%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Lumax AutoTechnologies Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Nippon India Small Cap Fund - Growth - Direct Plan

Growth
3.7142%0.21%-0.02%177/232 (+3)
Bandhan Small Cap Fund - Growth - Direct Plan

Growth
0.8447%0.34%-0.14%80/193 (-4)
DSP Small Cap Fund - Growth - Direct Plan

Growth
0.0000%1.98%-0.15%0/81 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

LUMAXTECH has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.07%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.67 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 9, 2024

Final
Final | Div/Share: ₹5.50

Dividend/Share

₹5.50

Ex DateEx Date

Sep 9, 2024

Cash Dividend

Ex DateEx DateAug 10, 2023

Final
Final | Div/Share: ₹4.50

Dividend/Share

₹4.50

Ex DateEx Date

Aug 10, 2023

Cash Dividend

Ex DateEx DateJul 8, 2022

Final
Final | Div/Share: ₹3.50

Dividend/Share

₹3.50

Ex DateEx Date

Jul 8, 2022

Cash Dividend

Ex DateEx DateAug 20, 2021

Final
Final | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Aug 20, 2021

Cash Dividend

Ex DateEx DateAug 19, 2020

Final
Final | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Aug 19, 2020

News & Opinions
Corporate
Lumax Auto Technologies to discuss results

Lumax Auto Technologies will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

2 days agoCapital Market - Live
Spotlight
Lumax Auto Tech jumps after inking pact to acquire GreenFuel Energy

Greenfuel is a prominent supplier of high-pressure fuel delivery and storage systems for CNG and hydrogen vehicles, as well as fire and smoke alarm, detection and suppression systems for the automotive industry. The company supplies components and sub-systems to major OEMs such as Maruti Suzuki, Tata Motors, and Volvo Eicher Commercial Vehicles, among others. Its turnover was Rs 214 crore in FY24. The primary objective of this acquisition is to enter in the green and alternative fuels sector, which includes CNG, hydrogen, and other related applications, which is expected to witness strong and accelerated growth in the coming years. The proposed partnership with Greenfuel offers LATL the opportunity to expand and diversify the range of solutions it provides to automotive OEMs in India. Lumax and Greenfuel's management team will collaborate as strategic partners and leverage their respective competitive strengths to unlock the potential of the business in the coming years and together, strive to position Greenfuel as an industry leader for systems and components in the alternate fuels segment. Greenfuel's day to day business and operations will continue to be managed by Akshay Kashyap and the existing professional management team which has successfully developed the platform over the years, stated in the exchange filing. The company will acquire 100% stake for total consideration of Rs 221 crore. The said transaction is expected to be completed by 30 November 2024. Deepak Jain, Promoter Director of LATL, said, 'This is another step in our long-term growth strategy of strategic partnerships with industry leaders. With the CNG vehicle market expected to witness strong growth, specifically in the passenger vehicle segment, we will look to leverage this platform to deliver high quality solutions to our customers and be an industry leader for systems and components in the 'alternate fuels' segment.' Anmol Jain, managing director of LATL, 'This partnership will help us diversify our product offerings to key OEMs as well as increase our per vehicle content in the four-wheeler segment. Together with Greenfuel, our goal will be to harness the Business' significant growth potential by unlocking synergies across customers, technologies and manufacturing excellence.' Akshay Kashyap, founder and CEO of Greenfuel said, 'We are excited about this strategic partnership with LATL which merges their extensive market reach and strong customer base with our core competence in alternate fuel systems. The collaboration is expected to unlock tremendous value for both stakeholders and drive innovation in the automotive sector, leading to a shift towards cleaner and more sustainable mobility solutions.' Lumax Industries is one of the leading players in the domestic automotive lighting industry with a product portfolio of automotive lighting systems such as headlamps, tail lamps, other sundry and auxiliary lamps. The company's presence spans all segments of the auto sector, viz., PVs, 2Ws, CVs, buses, tractors, etc. The company's consolidated net profit surged 47.8% to Rs 34.18 crore in Q1 FY25 as against 23.12 crore posted in Q1 FY24. Revenue from operations jumped 23.8% YoY to Rs 765.79 in the quarter ended 30 June 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Lumax Auto Technologies fixes record date for dividend

Lumax Auto Technologies has fixed 09 September 2024 as record date for ascertaining the list of shareholders eligible for dividend for the Financial Year 2023-24. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Lumax Auto Technologies AGM scheduled

Lumax Auto Technologies announced that the 43th Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Lumax Auto Technologies consolidated net profit rises 43.24% in the June 2024 quarter

Net profit of Lumax Auto Technologies rose 43.24% to Rs 31.70 crore in the quarter ended June 2024 as against Rs 22.13 crore during the previous quarter ended June 2023. Sales rose 19.66% to Rs 755.93 crore in the quarter ended June 2024 as against Rs 631.71 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales755.93631.71 20 OPM %11.6512.69 - PBDT86.0272.44 19 PBT56.5043.29 31 NP31.7022.13 43 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Lumax Auto Technologies schedules board meeting

Lumax Auto Technologies will hold a meeting of the Board of Directors of the Company on 10 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live