NSE: LUMAXIND | BSE: 517206

Strong Performer, Under Radar

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2343.30 -15.10 (-0.64%)

1,146 NSE+BSE Volume

NSE 09 May, 2025 3:31 PM (IST)

2,190.4

Market Cap

Below industry Median

0.9

Beta 1Year

Low volatility

Lumax Industries Ltd. share price target and research reports

Name: Latest research reports of Lumax Industries Ltd. authored by CD Equisearch and published by - Trendlyne research reports.
Item: Lumax Industries Ltd.
Rating: 5
Author: CD Equisearch

Latest analyst research reports with target prices and PDF download for LUMAXIND, BSE:517206 Lumax Industries Ltd.

Lumax Industries Ltd.

29 Jul 2020

2343.30

-0.64%

Lumax Industries Ltd

Buy: Lumax Industries Ltd.

Target

CD Equisearch

Buffeted by the slowdown in the Indian automobile industry, reported almost 10.5% drop in revenues in Q4FY20 to Rs. 387.29 cr in comparison to Rs. 432.65 cr in the same period a year ago volume decline accounted for a majority of this fall. OPM's consequently shrunk to its lowest levels during the year, yet higher...

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

26 Jun 2020

2343.30

-0.64%

Result Update:Lumax Industries

Hold: Lumax Industries Ltd.

Recommendation Target

Axis Direct

Lumax Industries' Q4FY20 performance was ahead of estimates with revenue declining by 11% YoY to Rs391 cr v/s est. of 19% fall. This was ahead of the decline of its largest customers MSIL and HMSI. EBITDA margin came in at 9.7% in-line with our estimate

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

25 Jun 2020

2343.30

-0.64%

EARNINGS UPDATE- LUMAX INDUSTRIES 4QFY20

Buy: Lumax Industries Ltd.

Target

Chola Wealth Direct

Background: Lumax Industries, part of DK Jain group, is the largest automotive lighting company in India. It manufactures Head lamps, Tail lamps, Sundry & Auxiliary lamps. Lumax has technological & financial collaboration with Stanley Electric of Japan. Stanley holds 37.5% in Lumax Industries and is its largest shareholder. Lumax provides high quality automotive lighting solutions for four wheelers, two wheelers, CVs & Tractor s. It has 27 manufacturing...

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

24 Jun 2020

2343.30

-0.64%

Lumax Industries Ltd - Result Update Q4FY20

Buy: Lumax Industries Ltd.

Target

Edelweiss

Lumax Inds (Lumax) exceeded our topline expectation by ~4% to clock INR 387 cr for the quarter.

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

24 Jun 2020

2343.30

-0.64%

Lumax Industries - Company Update - Margin expansion continues amidst auto slowdown

Buy: Lumax Industries Ltd.

Target

Monarch Networth Capital Limited

We remain convinced of Lumax Industries (LMXI) strong client portfolio and cost rationalisation efforts and hence maintain a BUY with a TP of Rs1,397. In the current uncertain climate, LMXI is focussed on conserving cash and being prudent with CAPEX. Currently, LMXI has Rs1.5bn worth of unutilised credit lines and thus faces no immediate liquidity challenge. We stand by our existing conviction that greater LED penetration and higher local content will aid LMXI's margin profile and new products with Stanley will help diversify revenue streams. LED revenue share intact while margin expansion continued: LMXI's top line...

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

06 May 2020

2343.30

-0.64%

Event Update:Lumax Inds.

Sell: Lumax Industries Ltd.

Recommendation Target

Axis Direct

COVID19 IMPACT: LEDIFICATION TO GET DELAYEDFURTHER

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

25 Feb 2020

2343.30

-0.64%

Lumax Industries

Buy: Lumax Industries Ltd.

Monarch Networth Capital Limited

We initiate coverage on Lumax Industries (LMXI), the largest auto lighting player in India, with a BUY and a TP of Rs1,794. A long history of catering to the biggest domestic auto players like Maruti, Hyundai, HMSI, and Hero MotoCorp (HML), demonstrate LMXI's product R&D; and impeccable quality. We believe that the key driver for increased LED penetration will be the impending fusion of BS-VI and CAFE norms, which will compel OEMs to incorporate LEDs and other lightweight materials. LMXI has been a substantive beneficiary of a three-decade old equity and technical partnership with Stanley, which has, inter alia, laid the foundation for its debt-free...

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

07 Feb 2020

2343.30

-0.64%

Result Update:Lumax Inds.

Buy: Lumax Industries Ltd.

Target

Axis Direct

In Q3FY20, Lumax Ind. reported a revenue of Rs 383 cr in Q3FY20 (?11% YoY and ?11% QoQ) in line with overall industry revenue decline. EBITDA margins were a beat and at a record level of 11.5% (?160 bps YoY and ?130 bps QoQ) on back of strong improvement in raw material costs and localization effort