Lumax Auto Technologies announced robust financial results for the second quarter and first half of fiscal year 2027. Revenue for Q2 FY27 surged by 35% year-on-year to INR 1,556 crore, with Profit After Tax (PAT) growing by 50% to INR 117 crore. For the first half, revenue increased by 34% to INR 2,919 crore, and PAT saw a 64% jump to INR 215 crore. The company also highlighted a strong order book of INR 1,879 crore.
Lumax Auto Technologies Delivers Strong Q2 and H1 FY27 Performance
Lumax Auto Technologies Limited has announced impressive financial results for the second quarter (Q2) and the first half (H1) of the fiscal year 2027, ending September 30, 2026. The company demonstrated significant growth in both revenue and profitability, supported by a healthy automotive sector and strategic business initiatives.
Q2 FY27 Financial Highlights
In the second quarter of FY27, Lumax Auto Technologies reported a consolidated revenue of INR 1,556 crore, marking a substantial 35% increase year-on-year (y-o-y) and a 14% increase quarter-on-quarter (q-o-q). The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 34% y-o-y to INR 228 crore, maintaining a stable margin of 14.7%. Profit After Tax (PAT) for the quarter witnessed a strong growth of 50% y-o-y, reaching INR 117 crore.
H1 FY27 Performance
For the first half of FY27, the company’s revenue stood at INR 2,919 crore, an increase of 34% y-o-y. EBITDA for H1 FY27 grew by 42% y-o-y to INR 434 crore, with margins expanding by 90 basis points to 14.9%. PAT for the first half saw a significant growth of 64% y-o-y, reaching INR 215 crore.
Order Book and Future Outlook
The company’s order book has expanded to INR 1,879 crore at the end of Q2 FY27, up from INR 1,600 crore at the end of Q1 FY27. This provides a healthy visibility for future business. Approximately 14% of this order book is expected to be executed in FY27, 59% in FY28, and the remaining 27% in FY29. The Advanced Plastics segment contributes the largest share (44%) to the order book, followed by Mechatronics (27%), Alternate Fuels (20%), and Structures & Control Systems (8%). Notably, around 85% of the order book represents new business. Electric Vehicle (EV) and Compressed Natural Gas (CNG) powertrain segments together account for 29% of the order book.
Strategic Developments
Lumax Greenfuel Energy Solutions commenced production at its Nashik facility in Q3 FY27, supplying components to Mahindra & Mahindra. Additionally, the Board approved the establishment of a new Mechatronics manufacturing facility at Manesar, Haryana, with a capital outlay of approximately INR 150 crore. This facility will manufacture advanced electronic components like the Body Control Module (BCM) and is expected to be commissioned in phases starting Q3 FY28, with a peak annual turnover of around INR 500 crore.
Industry and Economic Environment
The automotive industry continued to witness healthy growth in Q2 FY27, supported by improved affordability and resilient demand. Despite global economic challenges, including geopolitical conflicts and inflationary pressures, India’s domestic economy remains resilient. Lumax Auto Technologies remains focused on managing costs, maintaining operational efficiency, and investing for long-term growth.
The company anticipates a revenue growth in the range of 20-25% for the full year FY27, with a target to reach around INR 6,000 crore.
Source: BSE
