Lumax Auto Technologies Limited announced its Unaudited financial results for the first quarter ended June 30, 2026. The company reported a robust 33% YoY growth in consolidated revenue, reaching ₹1,364 crore. Profitability also saw significant improvement, with EBITDA growing 51% YoY and PAT (before minority interest) increasing by 83% YoY to ₹99 crore, driven by technology-led expansion and operational excellence.
Lumax Auto Technologies Reports Strong Q1 FY27 Performance
Lumax Auto Technologies Limited has announced its Unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), which ended on June 30, 2026. The company has demonstrated a strong growth trajectory, attributed to its technology-led expansion, portfolio diversification, and operational excellence.
Key Consolidated Financial Highlights for Q1 FY27
The company reported significant year-on-year growth across key financial metrics:
- Revenue: Increased by 33% to ₹1,364 crore in Q1 FY27, compared to ₹1,026 crore in Q1 FY26. This growth reflects increased scale, growing wallet share with OEMs, and premiumization-led value enhancement.
- EBITDA: Rose by 51% YoY to ₹205 crore, with EBITDA margins improving to 15.1%, up from 13.2% in the prior year. This enhancement is attributed to operational efficiencies and cost optimization.
- PBT (before exceptional item): Grew by 78% YoY to ₹132 crore.
- PAT (before minority interest): Surged by 83% YoY to ₹99 crore, driven by technologically led operational excellence and improved asset utilization.
- EPS: Saw a substantial increase of 109%, reaching 12.7 compared to 6.1 in the previous year.
Operational Performance Highlights
In terms of operational performance for Q1 FY27, Lumax Auto Technologies saw shifts in its segment contributions:
- Passenger Vehicles: Constituted 52% of the business, down from 55% in Q1 FY26.
- 2/3 Wheelers: Increased to 27% from 21% in the prior year.
- Aftermarket: Represented 8%, a decrease from 10%.
- Commercial Vehicles: Accounted for 8%, down from 11%.
- Others: Made up 5%, an increase from 3%.
Further segment details include:
- Advance Plastics: Accounted for 56% in Q1 FY27, up from 51% in Q1 FY26.
- Structures & Control Systems: At 16%, down from 18%.
- Aftermarket: At 8%, down from 10%.
- Mechatronics: At 6%, up from 5%.
- Alternate fuels: At 8%, down from 9%.
- Others: At 6%, down from 7%.
New Launches and Awards
During the quarter, the company introduced several new products, including a Body Control Module (BCM) for PVs (MSIL Ertiga), Moulded Parts for 2/3 Wheelers (TVS, HMSI), an LED Head Lamp for Platina (Bajaj), and a Swing Arm for Pulsar (Bajaj).
Lumax Auto Technologies also received notable recognition, including the Super Platinum Quality Award and the TPM Excellence Award from Bajaj Auto Vendors Association (BAVA). Additionally, Lumax Group was recognized as a Most Preferred Workplace 2026-27, and four products from its Chakan and Pantnagar plants received GreenPro Ecolabel Certification.
Management Commentary
Mr. Anmol Jain, Managing Director, commented on the performance, stating, “We are pleased to commence FY27 on a strong note, despite a challenging operating environment with revenue growth of 33% year-on-year and faster profitability growth of 83% year-on-year (Profit After Tax before Minority Interest) significantly outperforming industry growth.” He further highlighted the company’s focus on innovation, technological advancement, and strengthening its market position.
About Lumax Auto Technologies Limited
Lumax Auto Technologies Ltd. is a manufacturer of a wide range of automotive components, including Advance Plastics, 2/3-wheeler Lighting, Chassis, Gear Shifters, Emission Systems, Seat Frames, Oxygen Sensors, and Wiring Harnesses, among others. The company has a robust pan-India distribution network with 28 manufacturing plants and serves key customers such as Mahindra & Mahindra, Bajaj Auto, Maruti Suzuki, Honda Motorcycles and Scooters, Tata Motors, Daimler India, and Volkswagen.
Source: BSE
