NewsLumax Industries Limited Submits Business Responsibility and Sustainability Report for FY 2025-26Lumax Industries Limited Submits Business Responsibility and Sustainability Report for FY 2025-26
Lumax Industries Limited submitted its BRSR for FY 2025-26 to BSE and NSE on August 01, 2026, disclosing comprehensive ESG data. Total energy consumption for the value chain boundary stood at 43,317.10 GJ, total water withdrawal at 74,801.50 kilolitres, and total waste generated at 937.18 metric tonnes. Scope 1 GHG emissions were 319.03 metric tonnes of CO2 equivalent and Scope 2 emissions were 7,059.52 metric tonnes of CO2 equivalent. The company reported zero safety incidents and zero data breaches in FY 2025-26, with well-being expenditure rising to 0.63% of total revenue.
*this image is generated using AI for illustrative purposes only.
Lumax Industries Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with BSE Limited and the National Stock Exchange of India Limited, in compliance with Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, signed by Executive Director & Company Secretary Raajesh Kumar Gupta on August 01, 2026, forms an integral part of the company's Integrated Annual Report for FY 2025-26 and is also available on the company's website.
Company Overview and Operations
Lumax Industries operates in the automotive lighting industry, supplying a comprehensive range of high-quality lighting solutions for passenger vehicles, two-wheelers, and commercial vehicles. The company primarily follows a Business-to-Business (B2B) model, serving Original Equipment Manufacturers (OEMs) such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, MG Motor, and Toyota Kirloskar, among others. Its operations span both domestic and international markets.
| Parameter: | Details |
|---|---|
| National Plants: | 11 |
| National Offices: | 5 |
| Total National Locations: | 16 |
| International Offices: | 2 |
| Total International Locations: | 2 |
Environmental Performance
The BRSR provides detailed disclosures on the company's environmental footprint across energy, water, greenhouse gas emissions, and waste management for FY 2025-26 and FY 2024-25.
Energy Consumption
The following table summarises total energy consumption for the value chain disclosure boundary:
| Energy Metric: | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total electricity consumption from Renewable Sources (A) (GJ): | 0 | 8,537.01 |
| Total fuel consumption from Renewable Sources (B) (GJ): | 0 | 0 |
| Total energy from Renewable Sources (A+B+C) (GJ): | 0 | 8,537.01 |
| Total electricity consumption from Non-Renewable Sources (D) (GJ): | 36,393.13 | 3,73,558.71 |
| Total fuel consumption from Non-Renewable Sources (E) (GJ): | 6,923.97 | 3,586.23 |
| Total energy from Non-Renewable Sources (D+E+F) (GJ): | 43,317.10 | 3,77,144.94 |
| Total energy consumed (GJ): | 43,317.10 | 3,85,681.96 |
Water Management
The company's water withdrawal is sourced primarily from groundwater and third-party sources. It has installed Effluent Treatment Plants (ETPs) and Sewage Treatment Plants (STPs) at all relevant facilities, with treated water reused for gardening and other non-potable applications.
| Water Metric: | FY 2025-26 (KL) | FY 2024-25 (KL) |
|---|---|---|
| Groundwater withdrawal: | 15,681.22 | 15,697.80 |
| Third-party water withdrawal: | 59,120.28 | 54,598.01 |
| Total water withdrawal: | 74,801.50 | 70,295.81 |
| Total water consumption: | 49,055.80 | 45,984.80 |
| Total water discharged: | 26,124.46 | 25,787.94 |
Greenhouse Gas Emissions
The company reported the following Scope 1 and Scope 2 GHG emissions for the value chain disclosure boundary:
| Emissions Metric: | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total Scope 1 emissions (MT CO2 equivalent): | 319.03 | 392.03 |
| Total Scope 2 emissions (MT CO2 equivalent): | 7,059.52 | 15,917.01 |
To reduce GHG emissions, the company has implemented several energy efficiency initiatives, including compressed air system optimisation, renewable energy adoption through the Group Captive model and rooftop solar PV installations, chiller and pumping system upgrades, cooling tower efficiency enhancements, and the replacement of conventional heaters with infrared heating technology.
Waste Management
The company's waste management approach is guided by the principles of Reduce, Reuse, and Recycle (3R). Total waste generated and disposal details are as follows:
| Waste Category: | FY 2025-26 (MT) | FY 2024-25 (MT) |
|---|---|---|
| Plastic waste: | 610.36 | 1,022.23 |
| E-waste: | 30.15 | 0.71 |
| Other Hazardous waste: | 97.47 | 132.33 |
| Other Non-hazardous waste: | 199.20 | 329.27 |
| Total waste generated: | 937.18 | 1,485.23 |
| Total waste recovered (recycling/reuse/other): | 802.46 | 1,262.09 |
| Total waste disposed: | 153.61 | 223.14 |
The company is registered under the Extended Producer Responsibility (EPR) framework across five states—Uttarakhand, Gujarat, Maharashtra, Haryana, and Karnataka—with all plants registered as brand owners.
Social and Workforce Disclosures
The BRSR highlights several workforce-related metrics. The cost incurred on well-being measures as a percentage of total revenue stood at 0.63% in FY 2025-26, compared to 0.36% in FY 2024-25. Safety performance for the value chain boundary showed a Lost Time Injury Frequency Rate (LTIFR) of 0 for both employees and workers in FY 2025-26, compared to 8.15 and 22.54 respectively in FY 2024-25. No fatalities were recorded in either year.
| Safety Metric: | FY 2025-26 | FY 2024-25 |
|---|---|---|
| LTIFR – Employees (per million person hours): | 0 | 8.15 |
| LTIFR – Workers (per million person hours): | 0 | 22.54 |
| Total recordable injuries – Employees: | 0 | 3 |
| Total recordable injuries – Workers: | 0 | 38 |
| Fatalities – Employees: | 0 | 0 |
| Fatalities – Workers: | 0 | 0 |
Gross wages paid to females as a percentage of total wages increased significantly to 55.60% in FY 2025-26 from 17.18% in FY 2024-25. No complaints were filed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 in either year.
Governance and Value Chain Disclosures
The company's value chain disclosures reflect its sourcing and business concentration metrics. Directly sourced inputs from MSMEs/small producers accounted for 35.12% in FY 2025-26, compared to 44.48% in FY 2024-25, while inputs sourced directly from within India stood at 92.21% versus 86.93% in the prior year. The number of days of accounts payables was 53.04 in FY 2025-26, compared to 93.83 in FY 2024-25. Investments in related parties as a share of total investments stood at 99.23% in FY 2025-26, compared to 40.32% in FY 2024-25.
| Governance Metric: | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Days of accounts payables: | 53.04 | 93.83 |
| Inputs from MSMEs/small producers (%): | 35.12% | 44.48% |
| Inputs sourced from within India (%): | 92.21% | 86.93% |
| Investments in related parties / Total Investments (%): | 99.23% | 40.32% |
The company confirmed zero data breaches in FY 2025-26, with no impact on personally identifiable information of customers. It also confirmed full compliance with applicable environmental laws, including the Water (Prevention and Control of Pollution) Act, the Air (Prevention and Control of Pollution) Act, and the Environment (Protection) Act. No major human rights grievances or POSH complaints were reported during the year.
Historical Stock Returns for Lumax Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.73% | +2.02% | +14.92% | -0.70% | +56.63% | +312.02% |
How will Lumax Industries plan to reverse the trend of zero renewable energy consumption in FY 2025-26 and meet future ESG compliance targets?
What strategic implications does the sharp increase in investments in related parties (from 40.32% to 99.23%) have for minority shareholders and corporate governance transparency?
Will Lumax accelerate its adoption of LED and smart lighting technologies to align with OEMs' shifting focus toward electric vehicles and autonomous driving systems?
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