Lumax Industries Ltd.
Snapshot View

1481.15 -11.70 ▼-0.8%

23 July 2021, 04:00:00 P.M.
Volume: 380

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.lumaxindustries.com
Financial Indicators
Market Cap 1,380.52 Cr.
Earnings per share (EPS) 19.42 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 76.05 Trailing Twelve Months Ending 2021-03
Industry PE 91.09 Trailing Twelve Months Ending 2021-03
Book Value / Share 492.56 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.00 Calculated using Price: 1,476.85
Dividend Yield 0.47 Period Ending 2020-03
No. of Shares Subscribed 0.93 Cr. 9,347,732 Shares
FaceValue 10
Company Profile

Lumax Industries Ltd. was incorporated in 1945, promoted by S C Jain has grown from success to success since its foundation. The company went public in the year 1984 , and thus in the same year embarked on its highly successful technical collaboration with Stanley, Japan .Ten years of highly rewarding partnership resulted in Stanley picking up financial stake in Lumax in the year 1994 .

Lumax signifies ‘LUMINOSITY MAXIMA’ for today’s demanding automobile users. It has taken automotive lighting to an entirely new level. Today Lumax accounts for over 60% market share in the Indian automobile lighting business, catalyzed by its over two decades strong technical and financial collaboration with Stanley Electric Company Ltd, Japan, a world leader in vehicle lighting and illumination products for automobiles.

As the most experienced automotive lighting solutions company in South Asia, Lumax , enjoys a history of more than half a century of innovation, technology, manufacturing and market leadership. Today, Lumax Industries Limited is a full-capability provider of high quality automotive lighting solutions for four wheelers and two wheeler applications, serving automobile manufacturing in India as-well-as worldwide.

Lumax strives for continual improvement of manufacturing processes with emphasis on consistent quality and cost effectiveness. Lumax has come a long way since its inception as a trading company in the year 1945, under the aegis of its founder S.C. Jain .

Lumax became an ISO 9002 certified company in 1995 , attained its QS 9000 certification in the year 1998 and achieved the ISO/TS 16949 : 2002 and ISO 14001 in 2003. In the same year Lumax Industries Ltd de-merged from its Mirror and Filter Division , there-by focusing on its core competency of producing stellar automotive lighting products.

Lumax has seven ultra modern manufacturing plants in India. Of these, two are located in cities of Gurgaon , Dharuhera in the state of Haryana, near New Delhi and three plants in Pune, near Mumbai in Maharashtra and one plant near Chennai . These facilities have been laid out to match world's best plant engineering standards, their  plants are busy producing automotive lighting products in large quantities to customer's exacting standards.

Lumax has a futuristic vision with an experienced and customer focused management team. Lumax facilities are manned by over a 2000 highly skilled and specialized personnel composed of associates, executives and managers. Lumax is listed on major stock exchanges in India and depicts a shareholding holding of 26% by Indian promoters, and 46% by public and corporate bodies . 

Product range of the company includes:

Lumax Industries offers a wide array of complete automobile lighting systems and solutions, which includes; stellar quality Head Lamps and Tail Lamps, Sundry and Auxiliary Lamps and other related products and accessories for four wheeler, two wheeler, trucks, buses, earth-movers, tractors and a variety of diverse applications.

Clients

The company is having a highly diversified customer base its clientele includes global as well as domestic automotive majors like, John Deere, Nissan, TruckLite, Vignal, Maruti Suzuki, Hero Honda, Tata, Bajaj, Ford, Volvo Fiat and many more.

Technical Alliance:

  • Lumax, Japan
  • Valeo lighting Systems, France
  • Truck Lite, Europe

Milestones:

  • 1945    S.C. Jain , Chairman, establishes a trading concern.  
  • 1956-66  Manufacturing units set up for automotive lighting equipment and other components.
  • 1975  Manufacturing unit set up for automotive filters .
  • 1977-79 Manufacturing units became functional at Faridabad-Haryana and Pune-Maharashtra.
  • 1984 Private ltd. xompany to public limited company . Technical assistance agreement with a Japan based company for lighting equipment. 
  • 1985-87  Dedicated manufacturing unit for Maruti-Suzuki at Gurgaon - Haryana.  
  • 1990  Manufacturing unit for auto bulbs with assistance a Japanese company. 
  • 1994  Financial participation of collaborator with a Japanese firm . Manufacturing unit at Aurangabad-Maharashtra .  
  • 1995   ISO 9002 Certification to Gurgaon unit by TUV Germany . 
  • 1998  QS-9000 Certification to Gurgaon unit by DNV Netherlands . Production begins at Lumax Dharuhera .
  • 1999  QS-9000 Certification to Dharuhera unit by DNV Netherlands .  
  • 2003  ISO/TS 16949 : 2002 Certification for GURGAON and Dharuhera plants by DNV, USA . 
  • 2004 ISO 14001 Certification for Gurgaon, Dharuhera and Chennai plants by DNV . De-merger - Core Lighting Technology. 
  • 2005  Manufacturing unit became functional at Chakan (Near Pune)
  • 2006  Plant set up in Bajaj Auto Vendor Park- at Pantnagar - Uttranchal
  •  2007 Setting up of state of art new plants at Pantnagar-Uttranchal, Singur-West Bengal and Haridwar-Uttranchal.Extension of Dharuhera and Chakan II Plant.
  • 2010 The Company has commenced commercial production Greenfield Plant in Haridwar, (Uttarakhand) for manufacturing of Lighting Components.
    Setup a new Plant in Haridwar, Uttarakhand for Hero Honda.
  • 2011 Setup new Plants in Bawal, Sanand and Bidadi.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.78%
1 Week
-1.46%
1 Month
-3.58%
3 Month
-3.91%
6 Month
+9.38%
1 Year
+11.34%
2 Year
+42.83%
5 Year
+95.11%
5 years 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 14.15 15.39 17.27 23.74 13.57
Return on Capital Employed (%) 14.06 16.60 21.23 27.17 15.25
Return on Assets (%) 4.30 4.95 5.33 7.49 4.54

Balance Sheet View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 268 309 362 435 446
Non Curr. Liab. 62 67 56 116 179
Curr. Liab. 529 535 847 711 745
Minority Int.
Equity & Liab. 859 911 1,265 1,262 1,370
Non Curr. Assets 526 563 674 798 927
Curr. Assets 332 348 590 465 442
Misc. Exp. not W/O
Total Assets 859 911 1,265 1,262 1,370

Profit Loss View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,255 1,271 1,649 1,851 1,602
Other Income 4 6 5 12 7
Total Income 1,259 1,277 1,655 1,863 1,609
Total Expenditure -1,167 -1,170 -1,515 -1,698 -1,443
PBIDT 92 107 140 165 166
Interest -13 -11 -8 -16 -23
Depreciation -38 -41 -48 -60 -64
Taxation -4 -10 -26 -30 -20
Exceptional Items 36
PAT 37 44 58 95 60

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 81 100 140 104 103
Cash Fr. Inv. -37 -62 -128 -97 -194
Cash Fr. Finan. -59 -39 -11 -6 96
Net Change -15 -2 1 1 6
Cash & Cash Eqvt 3 1 1 2 8

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
Public 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
This is to inform you that the Company has issued Duplicate Share Certificate in lieu of Original Share Certificate reported lost/misplaced by the Shareholder.
Tue, 20 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
we are submitting herewith the information regarding loss of
Share Certificate received from Registrar and Share Transfer Agent (RTA) of the Company i.e Mis. KFin Technologies Private Limited and/or the Shareholder of the Company.
Mon, 19 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0110
Name of the Signatory :- PANKAJ MAHENDRU
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Closing Near 200 EMA Closing Near 200 EMA
Close Crossing 200 EMA From Above Close Crossing 200 EMA From Above
MACD Crossing Signal Line From Above MACD Crossing Signal Line From Above

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