Lumax AutoTechnologies Ltd
LUMAXTECHLumax AutoTechnologies Ltd
LUMAXTECHPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
25.14 | 3.47 | 1.07% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
38.64 | 6.73 | 0.49% |
Forecast & Ratings
Detailed Forecast from 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersÂSamvardhana Motherson International Ltd
Bosch Ltd
Schaeffler India Ltd
UNO Minda Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 912.00 | 978.88 | 1,036.91 | 1,213.59 | 1,167.26 | 1,126.11 | 1,520.73 | 1,871.33 | 2,866.75 | 3,000.42 | ||||||||||
Raw Materials | 662.05 | 675.93 | 702.75 | 787.71 | 755.67 | 743.84 | 1,011.26 | 1,190.44 | 1,779.43 | 2,570.03 | ||||||||||
Power & Fuel Cost | 14.16 | 14.19 | 16.37 | 19.62 | 19.63 | 17.82 | 20.17 | 23.61 | 39.25 | |||||||||||
Employee Cost | 78.21 | 95.51 | 104.57 | 132.29 | 134.78 | 132.41 | 162.75 | 198.49 | 362.24 | |||||||||||
Selling & Administrative Expenses | 47.88 | 54.28 | 49.54 | 61.18 | 62.25 | 53.24 | 67.82 | 96.18 | 133.12 | |||||||||||
Operating & Other expenses | 34.28 | 55.66 | 54.41 | 82.09 | 77.63 | 63.11 | 96.75 | 146.81 | 139.07 | |||||||||||
EBITDA | 75.42 | 83.31 | 109.27 | 130.70 | 117.30 | 115.69 | 161.98 | 215.80 | 413.64 | 430.39 | ||||||||||
Depreciation/Amortization | 20.86 | 23.53 | 24.41 | 27.07 | 34.51 | 34.15 | 39.51 | 52.29 | 118.00 | 118.36 | ||||||||||
PBIT | 54.56 | 59.78 | 84.86 | 103.63 | 82.79 | 81.54 | 122.47 | 163.51 | 295.64 | 312.03 | ||||||||||
Interest & Other Items | 4.93 | 3.83 | 2.42 | 3.40 | 9.87 | 10.04 | 9.57 | 16.73 | 68.91 | 72.09 | ||||||||||
PBT | 49.63 | 55.95 | 82.44 | 100.23 | 72.92 | 71.50 | 112.90 | 146.78 | 226.73 | 239.94 | ||||||||||
Taxes & Other Items | 17.86 | 21.44 | 33.69 | 34.35 | 14.90 | 24.37 | 43.49 | 53.91 | 96.55 | 100.19 | ||||||||||
Net Income | 31.77 | 34.51 | 48.75 | 65.88 | 58.02 | 47.13 | 69.41 | 92.87 | 130.18 | 139.75 | ||||||||||
EPS | 4.66 | 5.06 | 7.15 | 9.67 | 8.51 | 6.91 | 10.18 | 13.63 | 19.10 | 20.50 | ||||||||||
DPS | 0.94 | 0.94 | 2.00 | 3.00 | 3.00 | 3.00 | 3.50 | 4.50 | 5.50 | 4.50 | ||||||||||
Payout ratio | 0.20 | 0.19 | 0.28 | 0.31 | 0.35 | 0.43 | 0.34 | 0.33 | 0.29 | 0.22 |
Company Updates
Peers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Lumax AutoTechnologies Ltd | 26.99 | 3.47 | 1.07% |
Samvardhana Motherson International Ltd | 45.61 | 4.39 | 0.44% |
Bosch Ltd | 41.58 | 8.59 | 1.07% |
Schaeffler India Ltd | 60.56 | 11.33 | 0.75% |
Price Comparison
Compare LUMAXTECH with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.20%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.7142% | Percentage of the fund’s portfolio invested in the stock 0.21% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 177/232 (+3) |
Bandhan Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8447% | Percentage of the fund’s portfolio invested in the stock 0.34% | Change in the portfolio weight of the stock over the last 3 months -0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 80/193 (-4) |
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 1.98% | Change in the portfolio weight of the stock over the last 3 months -0.15% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 0/81 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
LUMAXTECH has increased or maintained dividend levels over the last 5 years
Dividend Yield
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
Dividend/Share
₹5.50
Ex DateEx Date
Sep 9, 2024
Cash Dividend
Ex DateEx DateAug 10, 2023
Dividend/Share
₹4.50
Ex DateEx Date
Aug 10, 2023
Cash Dividend
Ex DateEx DateJul 8, 2022
Dividend/Share
₹3.50
Ex DateEx Date
Jul 8, 2022
Cash Dividend
Ex DateEx DateAug 20, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Aug 20, 2021
Cash Dividend
Ex DateEx DateAug 19, 2020
Dividend/Share
₹1.00
Ex DateEx Date
Aug 19, 2020
Lumax Auto Technologies will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live
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
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
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
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
Lumax Auto Technologies will hold a meeting of the Board of Directors of the Company on 10 August 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 18.76%, vs industry avg of 8.46%
Increasing Market Share
Over the last 5 years, market share increased from 0.55% to 0.89%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 14.59%, vs industry avg of 10.9%