Lumax Auto Technologies filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, on August 01, 2026. The disclosure reveals a strategic focus on reducing environmental impact through energy efficiency initiatives, resulting in a decline in direct greenhouse gas emissions despite operational scale. The report highlights zero workplace fatalities and nil lost time injury frequency rates for both employees and workers, underscoring improved safety protocols across its 28 plants and five offices.

The filing was submitted to BSE Limited and National Stock Exchange of India Limited under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report covers consolidated data for Lumax Auto Technologies Limited, its subsidiaries, and joint ventures. Director Sanjay Mehta is responsible for the implementation and oversight of business responsibility policies. The entity confirmed full compliance with statutory requirements applicable to the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC), with no monetary or non-monetary penalties paid to regulators during the year.

Environmental Performance

Lumax Auto Technologies reported a decrease in Scope 1 emissions to 2,186.45 metric tonnes of CO2 equivalent in FY 2025-26, down from 2,089.29 metric tonnes in FY 2024-25. Scope 2 emissions rose to 35,914.16 metric tonnes of CO2 equivalent from 31,406.87 metric tonnes in the previous year. The combined emission intensity per lakh rupee of turnover adjusted for purchasing power parity decreased to 1.59 metric tonnes of CO2 equivalent from 1.90 in the prior year.

The company implemented several energy-saving initiatives, including optimized pneumatic door systems, motion sensor-based lighting, and the replacement of conventional fans with energy-efficient BLDC fans. Rooftop solar power systems with net-metering arrangements were utilized to reduce dependence on grid electricity. Air emissions also saw improvements, with NOx dropping to 0.277 MT from 0.301 MT, and particulate matter falling to 0.433 MT from 0.634 MT.

Workplace Safety and Human Rights

Safety metrics remained strong with zero fatalities and nil lost time injury frequency rates (LTIFR) for both employees and workers in FY 2025-26. The company recorded no high-consequence work-related injuries. A total of 354 complaints regarding working conditions and 89 regarding health and safety were filed by employees and workers; all were resolved within the respective quarters with none pending at year-end.

The workforce comprised 2,374 employees and 9,088 workers. Female representation stood at 12.72% among employees and 26.09% among workers. The company reported 100% coverage for Provident Fund, Gratuity, and Employee State Insurance benefits for applicable staff. No complaints related to child labor, forced labor, or discrimination were received. One sexual harassment complaint was dismissed in the previous year, with no such cases reported in FY 2025-26.

Supply Chain and Governance

Lumax Auto Technologies sourced 35.16% of input material directly from MSMEs/small producers and 93.71% from within India. The company assessed 21.19% of its value chain partners for environmental impacts, health and safety practices, and human rights issues. No significant adverse environmental impacts were identified from suppliers.

The Board of Directors approved the divestment of its 50% stake in Lumax Jopp Allied Technologies Private Limited to Jopp Holding GmbH in May 2026. Additionally, the Board approved acquiring the remaining 15.97% stake in Lumax FAE Technologies Private Limited, making it a wholly owned subsidiary. The company maintains a comprehensive grievance redressal framework, including a Vigil Mechanism/Whistle Blower Policy and an Anti-Bribery Policy, accessible via its website.

Lumax Auto Technologies Limited has reported record financial results for FY 2025-26, with consolidated revenue from operations reaching ₹4,87,033.03 Lakhs, a growth of 33.92% year-on-year. The company achieved a historic full-year EBITDA margin of 14.5% and received a credit rating upgrade from CRISIL to CRISIL AA/Stable, reflecting a significant step-change in scale and profitability.

Financial Performance: Standalone and Consolidated

The following table summarises the key financial highlights for FY 2025-26:

Standalone performance: Revenue from operations grew 25.56% year-on-year. Profit before tax rose 19.96% to ₹27,309.74 Lakhs, while PAT increased 20.48% to ₹20,687.70 Lakhs. Basic and diluted EPS stood at ₹30.35, registering an increase of 20.48%.

Consolidated performance: Revenue from operations grew 33.92% year-on-year. Profit before tax rose 31.72% to ₹40,592.12 Lakhs. Consolidated PAT surged 47.12% to ₹33,714.59 Lakhs, with basic and diluted EPS rising 56.86% to ₹40.91.

Dividend and Key Financial Metrics

The Board of Directors recommended a final dividend of ₹5.50 per equity share of ₹2 each (i.e., 275%) for FY 2025-26, subject to shareholder approval at the ensuing 45th Annual General Meeting. The proposed dividend would result in an appropriation of ₹3,748.67 Lakhs, with a dividend payout ratio of 59.80%.

Key financial ratios on a standalone basis are presented below:

Business Segments and Strategic Highlights

The company's diversified portfolio spans Advanced Plastics & Interior Systems, Mechatronics, Structures & Control Systems, Alternate Fuel Systems, and Aftermarket. Key developments during FY 2025-26 include:

• IAC India Integration: Acquisition of the remaining 25% stake in IAC International Automotive India Private Limited was completed on May 22, 2025, strengthening the company's presence in premium interior systems. The merger became effective from May 18, 2026.
• Greenfuel Energy Scaling: FY 2025-26 marked the first full year of consolidation of Lumax Greenfuel Energy Solutions Private Limited, with revenue from operations of ₹38,318.18 Lakhs. The company achieved an industry-first localization of ferrule-less tubes and fittings for CNG vehicles.
• Mechatronics Expansion: A Mega Mechatronics Plant is being commissioned in Manesar, consolidating four joint ventures — Lumax Yokowo, Lumax Alps Alpine, Lumax Ituran, and Lumax FAE — under one roof.
• Aftermarket Growth: The aftermarket division achieved a 15% full-year growth rate.
• Order Book: The company maintained a strong order book of ₹1,450 Crore, with 40% linked to EV and future mobility platforms.

Subsidiary Performance

Key subsidiary revenue figures for FY 2025-26 are summarised below:

ESG and Sustainability Milestones

During FY 2025-26, the company achieved several measurable ESG outcomes:

• Renewable Energy: 57% of total energy sourced from renewables through Power Purchase Agreement approval; the LATL Bengaluru plant achieved RE 100 status.
• GHG Emissions Avoided (Solar): 11,729.2 tCO2e avoided in FY 2025-26, compared to 7,157.45 tCO2e in FY 2024-25.
• Waste Intensity: 41.54% reduction in waste intensity versus the FY 2023-24 baseline.
• Water Intensity: 65.52% reduction in water intensity versus the FY 2023-24 baseline.
• Workforce Diversity: Women representation increased 64.23% versus the FY 2023-24 baseline.
• Zero fatalities maintained across all operations.
• TISAX certification achieved at the LCAT plant; no data breaches reported.

Corporate Governance and Credit Rating

CRISIL upgraded the company's long-term credit rating to CRISIL AA/Stable and reaffirmed the short-term/commercial paper rating at CRISIL A1+ (as of March 07, 2026). The Board of Directors met six times during FY 2025-26. The company's 45th Annual General Meeting is scheduled for August 26, 2026 via Video Conferencing/Other Audio-Visual Means. The record date for dividend entitlement is August 06, 2026.

Looking ahead, the company's long-term compass remains its 20.20.20.20 vision — targeting a 20% revenue CAGR from FY 2024-25 to FY 2030-31, with aspirations to more than double its current revenue base to upwards of ₹10,000 Crore by FY 2030-31.