NSE: LUMAXIND | BSE: 517206

Strong Performer, Under Radar

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2432.00 88.70 (3.79%)

5,069 NSE+BSE Volume

NSE 12 May, 2025 3:31 PM (IST)

2,273.4

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 Axis Direct and published by - Trendlyne research reports.
Item: Lumax Industries Ltd.
Rating: 5
Author: Axis Direct

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

Lumax Industries Ltd.

28 Sep 2017

2432.00

3.79%

Lumax Industries

Mgmt Note: Lumax Industries Ltd.

ICICI Securities Limited

We met the management of Lumax Industries (LIL) to understand its business model. LIL, founded in 1945, is a part of DK Jain Group, provides automotive lighting solutions Front lighting (68% of revenue), rear lighting (22% of revenue) & others (auxiliary lamp and indicators balance 10% of revenue). It is the market leader with >60% market share in the Indian automotive lighting solutions. PV accounts for 64% of revenue, 2-W (31% of revenue) & CV space account the balance of 5%. Maruti Suzuki is its biggest client accounting >30% of its revenue. LIL is...

Lumax Industries Ltd.'s price crossed above 100Day SMA today

Lumax Industries Ltd.

07 Aug 2017

2432.00

3.79%

Pick of the Week - 7 AUG 2017

Buy: Lumax Industries Ltd.

Target

Axis Direct

Lumax Industries Ltd: LED is going to be a game changer in the automobile lighting system, The margins of the company will also build up as the share of LED in the revenues rises.

Lumax Industries Ltd.'s price crossed above 50Day SMA today

Lumax Industries Ltd.

31 Jul 2017

2432.00

3.79%

Result Update - Lumax Industries

Buy: Lumax Industries Ltd.

Axis Direct

In Q1FY18, Lumax Ind.s reported sales revenues of Rs 390 cr (?15% YoY & ?9.8%QoQ), EBIDTA of Rs 26 cr (?7.2% YoY & ?5.2 QoQ) with EBIDTA margin at 6.7% (correction of 50 bps on annual comparison). The standalone profit after tax was reported at Rs 8.1 cr (?12.1% YoY) while consolidated PAT was repor..

Lumax Industries Ltd. is trading below its 30 day SMA of 2456.1

Lumax Industries Ltd.

26 May 2017

2432.00

3.79%

Lumax Industries Ltd

Accumulate: Lumax Industries Ltd.

Target

CD Equisearch

Revenue surged by 19.4% in the last quarter mainly because of higher volumes but profit flat lined because of higher tax provision. PAT after associate profit plunged by 41.4% on a y--o-y basis owing to decline in profitability of SL Lumax of Rs 3.57 crs ($0.5m) due to price reduction...

Lumax Industries Ltd. is trading below its 30 day SMA of 2456.1

Lumax Industries Ltd.

25 May 2017

2432.00

3.79%

Result Update:Lumax Inds.

Buy: Lumax Industries Ltd.

Axis Direct

In Q4FY17, Lumax Ind.s reported sales revenues of Rs 386 cr (?19.4% YoY & ?28.4%QoQ), EBIDTA of Rs 25 cr (?18% YoY & flat QoQ) with EBIDTA margin at 6.6% (almost flat margins on annual comparison).

Lumax Industries Ltd.'s price crossed above 50Day SMA today

Lumax Industries Ltd.

30 Mar 2017

2432.00

3.79%

EARNING UPDATE - LUMAX INDUSTRIES

Buy: Lumax Industries Ltd.

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 & Tractors. It has 9...

Lumax Industries Ltd. is trading above its 150 day SMA of 2389.0

Lumax Industries Ltd.

28 Feb 2017

2432.00

3.79%

EARNING UPDATE - LUMAX INDUSTRIES

Buy: Lumax Industries Ltd.

Target

Chola Wealth Direct

Lumax Industries Ltd. is trading above its 150 day SMA of 2389.0

Lumax Industries Ltd.

22 Dec 2016

2432.00

3.79%

Lumax Industries Ltd

Accumulate: Lumax Industries Ltd.

CD Equisearch

Muted production and weak dispatches by the key clients kept Lumax on the back foot in the first half of the current fiscal. The revenue from operations increased marginally by 1.8% in Q2FY17 to Rs 309.83 crs/$45.6m (Rs 304.21 crs/$44.8m in Q2FY16) after seeing a slump of 4.5% in Q1FY17. Despite the two wheeler (17.5%) and the passenger segment (12.3%) seeing a robust growth in H1, Lumax struggled to keep the uptrend it witnessed last year. Deceleration in the auto industry seen in the last month is expected to continue till the end of the fiscal would...

Lumax Industries Ltd.'s price crossed above 100Day SMA today

Lumax Industries Ltd.

07 Dec 2016

2432.00

3.79%

EARNING UPDATE - LUMAX INDUSTRIES

Buy: Lumax Industries Ltd.

Target

Chola Wealth Direct

Lumax Industries Ltd.'s price crossed above 50Day SMA today

Lumax Industries Ltd.

18 Aug 2016

2432.00

3.79%

EARNINGS UPDATE- LUMAX INDUSTRIES

Buy: Lumax Industries Ltd.

Target

Chola Wealth Direct

Lumax Industries Ltd (LIL), incorporated in 1945 was set up in Delhi by S.C. Jain as a trading company under the name Globe Auto Industries. In 1956, Lumax setup manufacturing units for automotive lighting equipment and other components. In 1984, Lumax embarked on collaboration with Stanley Electric Co. Ltd., Japan and converted itself from private limited to public limited company. Company derives ~65-70% of sales from PV segment, and 30%-35% from 2W + UV. Company caters...

Lumax Industries Ltd. is trading above its 150 day SMA of 2389.0

Is Lumax Industries Ltd. worth buying?

42 Votes:

Buy 85.71%

Sell 9.52%

Hold 4.76%