Lumax Auto Technologies Q2 FY27: PAT ₹99 & Rev ₹1,364 Cr

Investor Takeaways

Revenue grew 33% YoY to ₹1364 crores in Q1 FY27, driven by strong demand across segments.

Net profit surged 83% YoY to ₹99 crores, with EBITDA margin expanding 190 basis points to 15.1%.

Order book reached ₹1600 crores, providing 56% visibility into FY28 revenue.

Management reaffirmed a 20% CAGR target for long-term revenue growth and guided EBITDA margin to 15.5-16% for FY27 and FY28.

Capex of INR 300 crores planned for FY27, mostly funded internally.

Overall Tone: Neutral

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹1364 Cr	33%
Net Profit	₹99 Cr	83%
EBITDA Margin	15.1%	+190 bps
EPS	[amount not verified]	83% (implied from net profit and shares)
OPM	15.1%	+190 bps

*Note: EPS not explicitly provided; calculated as net profit divided by shares (implied from context as net profit figure is given, but exact share count not provided. EPS value is not directly stated in the data, so it is omitted from the table per rules. The table includes only explicitly provided metrics.)

What Changed

Lumax Auto Technologies delivered robust financial performance in Q1 FY27, with revenue increasing 33% YoY to ₹1364 crores and net profit rising 83% to ₹99 crores. The EBITDA margin expanded by 190 basis points to 15.1%, reflecting improved operational efficiency and margin resilience despite inflationary pressures. The company highlighted strong growth in advanced plastics (up 47% YoY) and mechatronics (up 56% YoY), contributing to the top-line momentum. The order book grew to ₹1600 crores, offering 56% visibility into FY28 revenue, which supports confidence in the 20% CAGR target. Capex of INR 300 crores is planned for FY27, primarily funded through internal cash flows, indicating a sustainable investment approach. The company also reaffirmed its EBITDA margin guidance of 15.5-16% for FY27 and FY28, signaling expectations of continued margin expansion. The mechatronics JVs are being scaled toward 14-15% EBITDA margins, further enhancing profitability prospects. Aftermarket growth is targeted at 15% or higher, contributing to revenue diversification. The strong financial results and forward-looking guidance underscore the company’s ability to capitalize on structural demand trends in the automotive sector.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
Lumax Auto Technologies	68.14	Not available	Not available	11,151.28
TVS Motor Company Limited	393.51	N/A	N/A	8,23,516
Maruti Suzuki India Limited	27.84	15.51%	19.82%	4,15,671.64
Mahindra & Mahindra Limited	22.17	20.41%	14.57%	3,88,366.49

Lumax Auto trades at a premium P/E multiple compared to Maruti Suzuki and Mahindra & Mahindra, reflecting investor expectations of higher growth. However, its ROE and ROCE are not available in the provided data, limiting direct profitability comparison. The company’s market capitalization is significantly lower than that of Maruti Suzuki and Mahindra & Mahindra, indicating a smaller scale of operations.

Comparison: Lumax Auto demonstrates strong growth momentum and margin expansion but operates at a smaller scale compared to large-cap peers, with a higher valuation multiple.

Risks & Concerns

No specific risks were identified in the filing. However, the note mentions that near-term growth may face base effect pressures post-FY26 GST rationalization, which could temper momentum despite strong current performance.

Quarterly Trend

Quarter	Revenue (₹ Cr)	Net Profit (₹ Cr)	OPM%
Q3FY25	905.6	56.03	13.02
Q2FY25	842.26	51.8	12.14
Q1FY25	755.93	41.65	11.65
Q4FY24	757.38	51.34	12.13

📄 View Original Announcement (PDF)

📊 Stock Analysis — LUMAXTECH ✨ Ask AI About This

About Lumax Auto Technologies Limited (LUMAXTECH)

Automobile and Auto Components · Auto Ancillaries · Listed on NSE

Market Cap: ₹14,182.26 Cr P/E: 43.8 ROE: 31.6% ROCE: 25.8% Div Yield: 0.26%

View full LUMAXTECH stock details →

📡 Get AI alerts when LUMAXTECH files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track LUMAXTECH — Free

💡 Ask AI about this filing

"How will GST rationalization impact Q2 growth visibility?" "What is the valuation multiple for potential Greenfuel or IAC acquisitions?" "When will mechatronics JVs achieve double-digit PBT profitability?"

Ask AI Free →

📊 More LUMAXTECH filings

See all LUMAXTECH filings →

🔥 Also filed on 18 August 2026

MURUDCERA Murudeshwar Ceramics Limited Annual Report LUXIND Lux Industries Limited Corporate Action MMP MMP Industries Limited Corporate Action VADILALIND Vadilal Industries Limited Corporate Action ONESOURCE Onesource Specialty Pharma Limited Announcement LUXIND Lux Industries Limited Annual Report

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when LUMAXTECH files new disclosures

Track LUMAXTECH filings, board meetings, and corporate actions. Free email alerts at 5 PM.