• Event Type: The document is the transcript of the Q4 and FY26 Earnings Conference Call, which included a question and answer session with analysts and investors.
  • Date and Time: The event was held on Monday, June 01, 2026, at 11:00 A.M. IST.
  • Purpose: The stated purpose was to discuss the operational and financial performance of the Company for the 4th Quarter and Year ended March 31, 2026.
  • Management Participants: The following management members participated:
  • Mr. Deepak Jain, Chairman and Managing Director
  • Mr. Anmol Jain, Joint Managing Director
  • Mr. Raju Ketkale, CEO
  • Mr. Sanjay Mehta, Lumax Group CFO
  • Mr. Ravi Teltia, Lumax Industries CFO
  • Mr. Naval Khanna, Corporate Head, Taxation
  • Ms. Surabhi Chandna, Group Head of Investor Relations and Value Creation
  • Availability of Materials: The company stated that its financial results and earnings presentation had been updated on the stock exchange and the company's website prior to the call. The transcript of the call itself will be made available on the company's website at https://www.lumaxworld.in/lumaxindustries/transcript.html.
  • UPSI Statement: The moderator's opening remarks contained a standard forward-looking statement disclaimer, noting that the call may contain forward-looking statements based on beliefs and opinions that involve risks and uncertainties. The company did not include a specific statement confirming that no Unpublished Price Sensitive Information (UPSI) would be shared.

Financial Highlights & Guidance

The discussion was based on the already published Q4 and FY26 results.

  • Financial Period Discussed: Q4 and Full Year ended March 31, 2026 (FY26).
  • Q4 FY26 Performance: Revenue stood at INR 1,200 crore (up 30% YoY). EBITDA was INR 124.9 crore (up 46.6% YoY), with a margin of 10.4% (impacted negatively by 90 bps due to forex). PAT was INR 54.1 crore (up 23% YoY).
  • FY26 Performance: Revenue was INR 4,184 crore (up 23% YoY). EBITDA was INR 412.1 crore (up 42.8% YoY), with a margin of 9.8% (impacted negatively by 40 bps due to forex). PAT was INR 172.5 crore (up 23.3% YoY), which included a one-time impact of INR 17.8 crore from a new labour code notification.
  • Operational Metrics: LED lighting contribution increased to 61% of revenue (from 58% last year). The order book is healthy at INR 2,200 crore, with 88% being LED-based. Passenger vehicles contributed 65% of revenues, and 2-wheelers contributed 29%.
  • Capex & Debt: Capex for FY26 was INR 390-400 crore. Guidance for FY27 capex is INR 100-150 crore. Net long-term debt stands at INR 235 crore. The company's credit rating was upgraded to ICRA AA- (Stable) for long-term and ICRA A1+ for short-term limits.
  • Forward-Looking Statements: Management expressed optimism for FY27, aiming to grow at twice the industry rate. EBITDA margin guidance for FY27 is 10.5% to 11%, with a mid-term goal of reaching 13%. The effective tax rate is expected to be around 22-23%.

Additional Notes Section

  • Attachment: The regulatory filing intimates that the transcript is the enclosed document.
  • Financial Data: This document is a transcript of the call discussing financial results that were already published. No new financial figures were disclosed solely within this transcript; it contains commentary on already-released data.
  • Logistics: Dial-in numbers and access codes were not included in the provided transcript excerpt.