Lumax Industries Ltd (LUMAXIND) — shareholding pattern, promoter holding, financials and share price
About Lumax Industries Ltd (LUMAXIND)
Lumax Industries Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as LUMAXIND and on the BSE under scrip code 517206. Its ISIN is INE162B01018.
Lumax Industries Limited is the flagship company of the DK Jain Group. It was founded as a trading company in 1945 and today it has evolved as market leader of automobile lighting in the Indian automotive industry. In 1984, company entered into a technical collaboration with Stanley Electric Co. Ltd., Japan (SECL), which currently holds around 37.5% equity stake in the company. Other 37.5% is held by Indian promoters (D.K. Jain and family). Company has 29 manufacturing facilities across 7 states in India. [1] [2]
Lumax Industries Limited is a leading Tier‑1 automotive lighting manufacturer supplying end‑to‑end exterior and electronics lighting solutions to all major OEMs in India, operating multiple R&D and design centers and twelve manufacturing facilities across key automotive hubs, with long‑standing strategic JVs with Stanley (Japan) and SL Corporation (Korea).
Q3FY26 was a record quarter for Lumax: consolidated revenue of INR 1,053 crore (+18.7% YoY), 9MFY26 revenue INR 2,984 crore (+20.5% YoY), and material margin expansion to 10.6% EBITDA in Q3 (consolidated), driven by operating leverage and higher content per vehicle, while a one‑time INR 15.9 crore labour‑code impact reduced reported PAT.
Listed peers in Auto Components & Equipments: Fiem Industries Ltd, Jamna Auto Industries Ltd, L G Balakrishnan & Bros Ltd, Sharda Motor Industries Ltd, NRB Bearings Ltd, Sandhar Technologies Limited.
Valuation & Returns
10 Jul 2026At ₹5,385 a share on 10 Jul 2026, Lumax Industries Ltd (LUMAXIND) was valued at a price-to-earnings ratio of 29.18x against an industry P/E of 37.75x and a price-to-book of 6.5x on a book value of ₹828.31 per share as of Mar 2025. Solomo computes return on equity of 22.28% and return on capital employed of 17.84% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 29.18x
- Industry P/E
- 37.75x
- P/B
- 6.5x
- EPS (TTM)
- ₹184.52
- Book value / share
- ₹828.31
- ROE
- 22.28%
- ROCE
- 17.84%
- ROA
- 6.03%
- Debt / equity
- 1.15x
- Dividend yield
- 0.65%
- EBITDA margin
- 10.71%
- 52-week range
- ₹3,266.5 – ₹6,969.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Lumax Industries Ltd (LUMAXIND) reported revenue of ₹4,184 crore, net profit of ₹172 crore and earnings per share of ₹184.51. That compares with revenue of ₹3,400 crore and net profit of ₹140 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,200 crore and net profit ₹54 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,751 | 2,320 | 2,637 | 3,400 | 4,184 |
| Net profit (₹ cr) | 41 | 103 | 111 | 140 | 172 |
| EPS (₹) | 43.56 | 110.27 | 118.77 | 149.67 | 184.51 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 10.33% | 16.25% | 24.75% | 28.97% |
| Profit growth | 10.46% | 4.82% | 37.20% | 26.02% |
| Stock price CAGR | 22% | 29% | 33% | 40% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 75% of Lumax Industries Ltd (LUMAXIND) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.36% and domestic institutional investors (DII) hold 6.71%. Market capitalisation was ₹5,034 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: HDFC SMALL CAP FUND 6.01%, Investor Education and Protection Fund (IEPF) 1.09%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 75% | - | 1.36% | 6.71% | 25% |
| Mar 2026 | 75% | - | 1.63% | 6.08% | 25% |
| Dec 2025 | 75% | - | 1.38% | 5.71% | 25% |
| Sep 2025 | 75% | - | 1.14% | 5.98% | 25% |
| Jun 2025 | 75% | - | 1.18% | 5.76% | 25% |
| Mar 2025 | 75% | - | 0.97% | 5.64% | 25% |
| Dec 2024 | 75% | - | 0.92% | 4.95% | 25% |
| Sep 2024 | 75% | - | 1.18% | 3.56% | 25% |