Conference Call with Lumax Industries Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Lumax Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue for Q4FY25 stood at Rs 923 crore; compared to Rs 743 crore in Q4FY24, up by 24.3% YoY EBITDA for Q4FY25 stood at Rs 85 crore; up by 19.6% YoY, EBITDA margin at 9.2% Profit after Tax (PAT) including share of associates for Q4FY25 stood at Rs 44 crore; up by 21.9% PAT Margin at 4.8% FY25 Financial Highlights: Revenue for FY25 stood at Rs 3,400 crore, a jump of 29.0% compared to same period last year EBITDA for FY25 stood at Rs 289 crore; up by 19.4% YoY with margins at 8.5% PAT for FY25 stood at Rs140 crore; up by 26.0% YoY with 4.1% margins Commenting on the performance Deepak Jain, Chairman & Managing Director, Lumax Industries said, "We have delivered another stellar performance this year, achieving our highest-ever revenues of Rs 3,400 crores, reflecting a robust year-on-year growth of 29%. This impressive growth has been driven by an improved product mix, with LED lighting now contributing 58% to our overall revenues. Our order book remains healthy at Rs 2,275 crores, with LED lighting comprising 88% of it. This strong pipeline is expected to support margin expansion in the coming quarters. Furthermore, we continue to deepen our engagement with leading OEMs such as Mahindra & Mahindra, Hero MotoCorp, HMSI, and Maruti Suzuki, contributing to a diversified and resilient revenue base. As the automotive industry undergoes rapid transformation, Lumax Industries is firmly positioned at the cutting edge, delivering innovative lighting solutions that elevate vehicle design and safety. Looking ahead, we see strong momentum building into FY26, supported by robust industry demand, a growing shift towards LED adoption, and our expanding presence across OEMs. We remain committed to sustained value creation, market leadership, and setting new standards in automotive lighting excellence." Result PDF
Conference Call with Lumax Industries Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Lumax Industries announced Q3FY25 results Revenue for Q3FY25 stood at Rs 887 crore; compared to Rs 632 crore in Q3FY24, up by 40.4% YoY EBITDA for Q3FY25 stood at Rs 71 crore; up by 18.9% YoY, EBITDA margin at 8.0%. Profit after Tax (PAT) after share of associates at Rs 33.5 crore and Rs 96 crore for Q3FY25. Deepak Jain, Chairman & Managing Director, Lumax Industries, said: We are pleased to report another quarter of strong growth and consistent performance at Lumax Industries. Our revenue surged by 40% YoY for the quarter and 31% for the nine-month period, driven by the strong performance of key models and robust order wins from leading OEMs. Despite temporary plant shutdowns for maintenance in December—a standard industry practice—we maintained operational efficiency and continued to deliver value to our customers. The Indian automotive industry experienced steady demand during the quarter, fueled by a strong festive season and attractive OEM discounts. On the company front, we further solidified our market position by securing new business from key OEMs, including Maruti Suzuki, Mahindra & Mahindra, Tata Motors, and others, reaffirming our status as the preferred partner for advanced automotive lighting solutions. Our commitment to engineering excellence has been reinforced with the revamp of our engineering team, bringing in seasoned experts to drive innovation and enhance efficiency. As the automotive industry evolves, Lumax Industries remains at the forefront of innovation, delivering cutting-edge lighting solutions that elevate both aesthetics and safety. We remain dedicated to driving sustained growth, expanding our market presence, and setting new benchmarks in the industry while continuing to create significant value for our customers and stakeholders. Result PDF
Auto Parts & Equipment company Lumax Industries announced H1FY25 & Q2FY25 results Revenue for Q2FY25 stood at Rs 812 crore; compared to Rs 644 crore in Q2FY24, up by 26.1% YoY and revenue for H1FY25 stood at Rs 1,578 crore, a jump of 25.0% compared to H1FY24. EBITDA for Q2FY25 stood at Rs 62 crore at 7.7%; up by 9.9% YoY, EBITDA for H1FY25 stood at Rs 132 crore; up by 19.4% YoY with margin at 8.4%. Profit after Tax (PAT) and Minority Interest stood at Rs 28 crore for Q2FY25 and Rs 62 crore for H1FY25 respectively. Deepak Jain, Chairman & Managing Director, Lumax Industries, said: “We are pleased to report strong Q2 and H1FY25 performance, with revenues increasing by 26% for the quarter compared to Q2FY24, and by 25% for H1FY25 compared to H1FY24 driven on account of a better product mix. While the automobile sector experienced a muted performance overall, the 2-wheeler segment showed a strong upward trend. The passenger vehicle segment remained subdued, mainly due to soft demand in anticipation of new model launches and a high base effect from last year. However, the festive season has driven a robust recovery in demand. We are standing on a healthy order book of Rs 2,900+ crore, with 87% of orders dedicated to LED lighting. Our commitment to delivering innovative, future-ready products remains steadfast. Backed by a robust network of state-of-the-art manufacturing facilities and a strong focus on research and development, Lumax Industries is firmly positioned as an industry leader." Result PDF
Conference Call with Lumax Industries Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Lumax Industries announced Q1FY25 results: Revenue at Rs 766 crore for Q1FY25, up by 23.8% compared to Q1FY24 EBITDA stood at Rs 70 crore for Q1FY25 compared to Rs 54 crore in Q1FY24, growing by 29.4% EBITDA margins stood at 9.1% for Q1FY25 compared to 8.7% in Q1FY24 PAT for Q1FY25 stood at Rs 34 crore compared to Rs 23 crore in Q1FY24, a growth of 47.8% PAT margin stood at 4.5% for Q1FY25 compared 3.7% in Q1FY24 Commenting on the performance Deepak Jain, Chairman & Managing Director, Lumax Industries said, We commence FY25 with a commendable performance across the board, achieving a notable YoY revenue growth of 24% for the quarter. This impressive growth is attributed to a robust order book and excellent execution. Particularly, our revenues from LED lighting have shown significant growth. We anticipate maintaining this growth momentum in the coming quarters. The automobile sector is currently experiencing favorable conditions, which we expect to improve further, especially in the second half of the year, with several new vehicle launches planned by major OEMs. We remain committed to advancing our R&D; efforts and leveraging our strategic partnership to capitalize on these positive trends. In conclusion, our strong start to FY25 underscores our ability to execute effectively and seize market opportunities. We are confident that our focused strategies and dedication to innovation will drive continued success and create long-term value for our stakeholders. Result PDF
Auto Parts & Equipment company Lumax Industries announced Q4FY24 & FY24 results: Revenue at Rs 743 crore for Q4FY24 and Rs 2,637 crore for FY24, up by 22.1% and 13.7% YoY respectively EBITDA at Rs 71 crore and Rs 242 crore for Q4FY24 & FY24 respectively EBITDA margins at 9.6% for Q4FY24 & 9.2% for FY24 PAT for Q4FY24 at Rs 36 crore vs Rs 21 crore in Q4FY23, a growth of 73.8% PAT margin stood at 4.9% for Q4FY24 vs 3.4% in Q4FY23 Recommends final dividend of Rs 35 per equity share (FV Rs 10/- per equity share) Commenting on the performance Deepak Jain, Chairman & Managing Director, Lumax Industries Limited said, “We are pleased to report a strong performance for FY24, with revenues increasing by 14% year-over-year. This growth was driven by strong sectoral tailwinds, including the aspirational demand for vehicle ownership in the country, favourable government policies, and our focus on improving efficiencies. As a pioneer in automotive lighting solutions for decades, Lumax Industries remains the preferred choice for OEMs seeking innovative and advanced comprehensive lighting solutions due to our unwavering commitment to excellence. On the operations front, we inaugurated Phase 1 of our Chakan plant in Q3FY24, which is witnessing strong capacity utilization driven by robust order flows, and we're confident of a swift ramp-up in the coming months. Additionally, we've announced for Phase 2 expansion of the plant, which is set to be commissioned by Q3FY25. Further, we're establishing a new manufacturing facility in Sanand to cater to strong demand for advanced lighting solutions from our OEM partners. This facility is poised to commence operations in the coming month. We are optimistic about FY25 and will continue to focus on R&D;, leveraging our experience to capitalize on sectoral tailwinds. We are confident in our ability to manufacture high-quality lighting solutions for OEMs and remain steadfast in our commitment to maintaining our leadership position in the automotive lighting industry." Result PDF
Conference Call with Lumax Industries Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.