Date: 8th August 2026

Financial Performance Summary

Quarterly Results (Consolidated)

| Metric | Q1FY27 | Q1FY26 | Growth YoY |

| Revenue (₹ cr) | 1,223.2 | 922.5 | 32.6% |

| EBITDA (₹ cr) | 113.0 | 84.5 | 33.7% |

| EBITDA Margin (%) | 9.2% | 9.2% | Flat |

| PBT before share of associate (₹ cr) | 52.7 | 34.7 | 51.9% |

| PBT Margin (%) | 4.3% | 3.8% | 50 bps improvement |

| PAT including share of associate (₹ cr) | 51.1 | 36.2 | 41.2% |

| PAT Margin (%) | 4.2% | 3.9% | 30 bps improvement |

| EPS (₹) | 54.6 | 38.7 | 41.2% |

Divisional Performance Breakdown (Q1FY27)

Lighting Technology Mix:

  • LED Lighting: 63% of total revenues
  • Conventional Lighting: 37% of total revenues

Product Mix:

  • Front Lighting: 68% of total revenue
  • Rear Lighting: 23% of total revenue
  • Others: 9% of total revenue

Segment Mix:

  • Passenger Vehicles: 64% of total revenues
  • Two Wheelers: 31% of total revenues
  • Commercial Vehicles and others: 5% of total revenues

New Product Launches (Q1FY27)

| Category | Customer Name | Model | Product |

| Passenger Vehicles | Tata Motors | Tiago | Head Lamp |

| Passenger Vehicles | Skoda Auto/Volkswagen | Taigun | Rear Lamp |

| 2-Wheeler | Suzuki Motorcycles | Burgman Street | Front Turning Signal Lamp |

| Commercial Vehicles | Force Motors | Traveller 2 | Head Lamp |

Awards and Recognitions

  • Lumax Group recognized as 'A Most Preferred Workplace 2026-27' by Marksmen Daily
  • Five products each from Bawal, Dharuhera, Haridwar, Pantnagar and Sanand plants awarded GreenPro Ecolabel Certification

Management Commentary

Mr. Deepak Jain, Chairman & Managing Director, commented on the performance:

  • Q1 revenues grew 33% year-on-year, outpacing broader industry trends
  • Performance driven by successful new product launches, increasing premiumisation, higher LED adoption, increased content per vehicle, and continued localisation efforts
  • Earnings growth exceeded revenue expansion despite geopolitical challenges including supply chain disruptions and input cost volatility
  • Order book remains healthy at ₹2,500 crore with LED lighting composition of ~90%
  • Continued engagement with leading OEMs: Maruti Suzuki, Honda Motorcycle & Scooter India, Mahindra & Mahindra, Tata Motors, Hero MotoCorp
  • Company remains committed to technology-led growth, deeper customer engagement, and operational excellence

Company Background

Lumax Industries Limited is India's pioneer in Automotive Lighting Industry with over 4 decades of partnership with Stanley Electric Co. Limited, Japan. The company has twelve ultra-modern manufacturing plants in India and supplies to major OEMs including Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Hero Moto Corp, Honda Motorcycle and Scooter India, Toyota, TVS and others.