Lumax Auto Technologies
1,037.40
-52.60(-4.83%)
Market Cap₹7,429.20 Cr
PE Ratio41.89
IndustryAutomobiles
Company Performance:
1D-4.83%
1M-6.79%
6M+105.32%
1Y+80.83%
5Y+1,000.11%
View Company Insightsright
Latest news about Lumax Auto Technologies
Lumax Auto Technologies Expands with New Wholly Owned Subsidiary 1 day ago
Lumax Auto Technologies Limited has incorporated a new wholly owned subsidiary, LUMAX AUTOCOMP PRIVATE LIMITED, in New Delhi on July 24, 2025. The subsidiary has an authorized capital of Rs 10.00 lakhs, divided into 1,00,000 equity shares of Rs 10.00 each. This strategic move aims to address growth opportunities in the automotive components sector. The company has complied with regulatory requirements by informing stock exchanges as per SEBI regulations.
Lumax Auto Tech Sets Ambitious 20% Growth Target for FY2026, Eyes ₹800-1,000 Crore from Greenfuel Division Jun 08, 2025
Lumax Auto Sets Ambitious Targets: 20% EBITDA Margin and 20% CAGR Jun 03, 2025
Lumax Auto Tech Reports Q4 Results: Net Profit Rises to 583.80 Million Rupees, Recommends Dividend May 29, 2025
Lumax Auto Technologies Expands Manufacturing Footprint with Two New Plants in Pune May 28, 2025
More news about Lumax Auto Technologies
19May 25
Lumax Auto Technologies Set to Acquire Full Ownership of IAC India
Lumax Auto Technologies plans to acquire the remaining 25% stake in IAC India, increasing its ownership from 75% to 100%. This strategic move aims to enhance control over operations, consolidate financial performance, and create synergy opportunities. The acquisition aligns with Lumax's strategy to strengthen its position in the automotive components market.
18May 25
Lumax Auto Technologies to Fully Acquire IAC India, Boosting EV Component Supply
Lumax Auto Technologies Limited (LATL) plans to acquire the remaining 25% stake in IAC India, making it a wholly-owned subsidiary. IAC India is the exclusive supplier of cockpits and door panels for Mahindra's BE6 and BE9e electric vehicles. The acquisition, set to complete by May 31, 2025, strengthens LATL's position in the automotive plastics sector, particularly in the EV segment. This move enhances LATL's presence in the growing EV market, secures an exclusive partnership with Mahindra for key EV components, and allows for greater control over the supply chain.
16May 25
Lumax Auto Technologies to Acquire Remaining 25% Stake in IAC India for ₹221 Crore
Lumax Auto Technologies has approved the acquisition of the remaining 25% stake in IAC International Automotive India Pvt. (IAC India) for ₹221 crore. The deal is expected to be completed by May 31, 2025. This move will give Lumax full control over IAC India, potentially improving operational efficiencies and enhancing its market position. IAC India will become a wholly-owned subsidiary of Lumax, but its operations and management will remain unchanged, with continued technology support from IAC Group.
20Feb 25
Lumax Auto Technologies Reports Record Q3 Revenue, Forecasts Strong Growth Ahead
Lumax Auto Technologies achieved its highest-ever quarterly revenue of INR906 crores in Q3 FY2025, marking a 24% year-on-year growth. The company's EBITDA rose 9% to INR127 crores, maintaining a 14% margin. Key product categories showed significant growth, with Mechatronics leading at 75%. The company secured an order book of INR1,350 crores, to be executed over FY2026-2028. Lumax has consolidated operations with Greenfuel Energy Solutions and is focusing on EV technologies. The implementation of OBD2 norms is expected to boost revenues by INR60-70 crores. Management projects a 15-20% CAGR in the coming years.
Lumax Auto Technologies
1,037.40
-52.60
(-4.83%)
1 Year Returns:+80.83%
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