Conference Call with Lumax Auto Technologies Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Lumax Auto Technologies announced Q2FY26 results Revenue: Rs 1,156 crore compared to Rs 842 crore during Q2FY25, change 37%. EBITDA: Rs 170 crore compared to Rs 118 crore during Q2FY25, change 45%. EBITDA Margin: 14.7% for Q2FY26. PBT: Rs 104 crore compared to Rs 70 crore during Q2FY25, change 50%. PAT: Rs 78 crore compared to Rs 52 crore during Q2FY25, change 50%. EPS: Rs 9.81 for Q2FY26. Anmol Jain, Managing Director, Lumax Auto Technologies, said: " Our performance in Q2 and H1FY26 reflects continued progress on our strategic priorities and the resilience of our diversified business model. Revenue growth was supported by new order wins, strong execution by emerging subsidiaries, and sustained traction in Greenfuel and Aftermarket businesses. EBITDA margins improved sequentially, aided by scale efficiencies, richer product mix, and the normalization of customer price corrections, which had moderated Q1 performance. The improvement in profitability underscores our focus on operational excellence and disciplined cost management. The integration of IAC India is progressing as planned, reinforcing our capabilities in EV interiors and advanced technology-led solutions. With a healthy order pipeline, robust balance sheet, and clear execution roadmap, we remain on track to achieve our mediumterm 20:20:20:20 vision—delivering sustainable growth, margin expansion, and leadership in future-ready mobility solutions." Result PDF
Auto Parts & Equipment company Lumax Auto Technologies announced Q1FY26 results Consolidated revenue from operations surged to Rs 1,026 crore in Q1FY26, representing a significant 36% increase from Rs 756 crore in Q1FY25. Consolidated profit after tax jumped 30% to Rs 54 crore compared to Rs 42 crore in the previous year demonstrating strong value creation for shareholders. Anmol Jain, Managing Director, LumaxAuto Technologies, said: " We have kicked off the FY26 with a steady performance both in revenue & profitability which is in line with our internal operating budgets. There have been certain price corrections from customers which has not been realised because of which the margins have seen a slight dip from Q1FY25. These corrections have been subsequently received in the current month. In Q2, we should be able to see this gain based upon the spill over from Q1 & in H1, the EBITDA margins will be in alignment with the strategic direction for the current year which is between 14% to 15%. Also, the 100% acquisition of IAC India marks a key strategic step, strengthening our role in the EV interior space and enhancing integration across platforms. Backed by a healthy balance sheet and clear vision, we remain committed to our 20:20:20:20 NorthStar - driving profitable growth, capital efficiency, and leadership in emerging mobility solutions." Result PDF
Auto Parts & Equipment company Lumax Auto Technologies announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Strong Q4 Performance: Q4FY25 consolidated revenue reached Rs 1,133 crore, marking a 50% year-on-year growth from Rs 757 crore in Q4FY24 Revenue from OEM customers grew by 7% in Q4FY25 and 13% for the full year, while the aftermarket segment achieved its first-ever double-digit annual growth, increasing by 10% quarter-onquarter. EBITDA increased by 51%, from Rs 110 crore to Rs 166 crore. EBITDA Margin expanded slightly from 14.5% to 14.6%. PBT grew by 74%, from Rs 62 crore to Rs 108 crore. PAT (before minority interest) rose by 55%, from Rs 51 crore to Rs 80 crore. EPS increased from Rs 6.49 to Rs 8.57. FY25 Financial Highlights: Revenue Growth: Consolidated revenue from operations surged to Rs 3,637 crore in FY25, representing a significant 29% increase from Rs 2,822 crore in FY24 Enhanced Profitability: Consolidated profit after tax jumped 37% to Rs 229 crore compared to Rs 167 crore in the previous year EBITDA increased by 25%, from Rs 413 crore to Rs 516 crore. EBITDA Margin slightly declined from 14.6% to 14.2%. EPS increased from Rs 19.10 to Rs 26.08. Commenting on the performance, Anmol Jain, Managing Director, Lumax Auto Technologies, said, "We are pleased to deliver another year of strong financial performance, with our consolidated revenue crossing Rs 3,600 crore and achieving robust profit growth of 37%. Our strategic focus on inorganic growth through targeted acquisitions, including our entry into alternative fuels and the consolidation of our IAC India operations, positions us well for the evolving automotive landscape. The improved EBITDA margins reflect our operational excellence and the synergies we are realizing from our expanded portfolio. As we move forward, we remain committed to leveraging both organic and inorganic growth levers to create sustainable value for all stakeholders." Result PDF
Auto Parts & Equipment company Lumax Auto Technologies announced Q3FY25 results Revenue for Q3FY25 stood at Rs 906 crore; compared to Rs 732 crore in Q3FY24, up by 24% YoY; Highest ever single quarter revenue EBITDA for Q3FY25 stood at Rs 127 crore; up by 9% YoY, EBITDA margin at 14.0% Profit after Tax (PAT) before Minority Interest stood at Rs 56 crore compared to Rs 48 crore in Q3FY24 up by 17% YoY Anmol Jain, MD, Lumax Auto Technologies said, "We are delighted to announce yet another milestone quarter, achieving our highest-ever quarterly revenue of Rs 906 crore, marking an impressive year-on-year growth of 24%. Additionally, our EBITDA reached an all-time high of Rs 127 crore, with margins at 14%. This outstanding performance has been driven by robust performance in standalone business with two main customers Bajaj Auto & HMSI witnessing strong growth coupled with strong growth in subsidiaries. This quarter witnessed better demand in the passenger vehicle (PV) segment, supported by a buoyant festive season and attractive OEM discounts that helped uplift consumer sentiment. The two-wheeler segment also experienced sustained momentum, driven by an improving consumer outlook with demand notably stronger in premium models compared to the entry-level segment. In response to evolving market dynamics, we remain committed to enhancing our product portfolio and increasing our kit values across both PV and twowheeler categories. By introducing new and advanced offerings in collaboration with our esteemed joint venture partners from across the globe, we continue to strengthen our position as a key supplier to OEMs. A significant milestone for us this quarter was the successful completion of our acquisition of Greenfuel Energy Solutions. This strategic move marks our entry into the alternate fuel space, aligning with our vision for sustainable and innovative growth. The acquisition not only complements our existing business but also presents an exciting opportunity to drive synergies and expand our capabilities in clean energy solutions. As we move forward, we remain focused on delivering excellence through innovation, strategic growth initiatives, and strong execution. With a customer-centric approach and a commitment to sustainability, we are confident in our ability to drive long-term value for all stakeholders. Result PDF
Auto Parts & Equipment company Lumax Auto Technologies announced H1FY25 & Q2FY25 results Financial Highlights: Revenue for Q2FY25 stood at Rs 842 crore; compared to Rs 700 crore in Q2FY24, up by 20% YoY; Highest ever single quarter revenue. EBITDA for Q2FY25 stood at Rs 118 crore, up by 18% YoY; EBITDA margins at 14.0%. Profit after Tax (PAT) before Minority Interest for Q2FY25 stood at Rs 52 crore compared to Rs 38 crore in Q2FY24 up by 38% YoY Operational Highlights: Passenger Cars contributed 50% to overall Revenues, 2/3-Wheelers at 25%, CVs at 9%, Aftermarket at 12% and others at 4% Anmol Jain, MD, Lumax Auto Technologies said: " We are pleased to report a strong performance this quarter, with revenues reaching Rs 842 crores, representing a growth of 20% compared to Q2FY24. Our EBITDA for the quarter stood at Rs 118 crores, a growth of 18%, with EBITDA margins at 14%. On H1 basis too, we have demonstrated a robust revenue growth of 20% with margins standing at 14%. This quarter saw a subdued performance mainly in the Passenger Vehicle segment, due to elections, heatwaves, and an uneven monsoon across the country. Inventory levels for passenger vehicles remained elevated during the quarter. On a positive side, the festive season has seen a demand recovery across segments, as reflected in the monthly OEM figures." At Lumax, we have built enduring relationships with OEMs, and we are confident in our ability to expand our market share and enhance our kit value. Our strong technological advantage, driven by collaborations with global automotive ancillary leaders, positions us well to deliver increased value and innovation to our customers. With the announcement of acquiring the majority stake of Green Fuel’s renewable energy business, we are expanding our portfolio and are confident in seamlessly integrating this business with Lumax. This acquisition aligns with our strategic goals, and we anticipate significant synergies that will drive long-term value and growth for our stakeholders. We are optimistic about the year ahead, as we anticipate improved market visibility and a revival in demand, bolstered by upcoming product launches. These factors position us well for sustained growth and continued success." Result PDF
