LUMAX INDUSTRIES LTD

Management reported that Lumax Industries Limited achieved a consolidated revenue of INR 1,223 crore for Q1 FY 27, reflecting a 32.6% year-on-year growth. EBITDA increased by 34% to INR 113 crore, with EBITDA margins at 9.2%. The automotive industry showed resilience despite external challenges, with overall production rising 22% year-on-year. Management highlighted strong demand across vehicle segments, particularly in passenger vehicles and two-wheelers. The company secured multiple orders, with approximately 90% of its order book related to LED lighting. Management noted ongoing capacity expansions and a focus on localization to enhance competitiveness. The effective tax rate for the quarter was reported at 20.3%, and profit after tax grew by 41.2% to INR 51 crore. Management set a capex guidance of INR 200 to 250 crore for FY 27, driven by new business wins. The discussion concluded with management expressing confidence in maintaining growth despite potential market fluctuations.

Management emphasized strong financial performance and growth opportunities in the automotive sector.