Staff Writer
New Delhi: Automotive components maker Lumax Auto Technologies Ltd reported its highest-ever annual revenue and profit for FY26, driven by strong demand across vehicle segments, improved operational efficiencies and growing contribution from technology-led and value-added offerings.
The company posted consolidated revenue from operations of Rs 4,870 crore in FY26, registering a growth of 34 per cent over Rs 3,637 crore in the previous fiscal year.
Consolidated EBITDA rose 37 per cent to a record Rs 705 crore during the year, while EBITDA margin improved to 14.5 per cent from 14.2 per cent in FY25.
Profit after tax, before minority interest, increased 47 per cent to an all-time high of Rs 337 crore in FY26 compared with Rs 229 crore a year earlier.
For the January-March quarter, consolidated revenue rose 25 per cent year-on-year to Rs 1,417 crore, while EBITDA increased by a similar margin to Rs 208 crore. Quarterly profit after tax before minority interest stood at Rs 98 crore, up 22 per cent from the year-ago period.
The board of directors has recommended a dividend of Rs 5.5 per equity share of face value Rs 2 each for FY26, subject to shareholders’ approval at the forthcoming annual general meeting.
During the year, the National Company Law Tribunal’s New Delhi bench approved the amalgamation of IAC International Automotive India Pvt Ltd and Lumax Ancillary Ltd with Lumax Auto Technologies, strengthening the company’s business integration efforts.
The company also completed the merger of Greenfuel Energy Solutions Pvt Ltd with Lumax Resources Pvt Ltd, following which the merged entity was renamed Lumax Greenfuel Energy Solutions Pvt Ltd.
Commenting on the performance, Managing Director Anmol Jain said FY26 was a year of record growth driven by strong industry demand, robust execution, customer momentum and disciplined operational focus.
He said the company outpaced industry growth while improving profitability through scale-up in core product segments, increased contribution from technology-driven products and continued strength in the aftermarket business.
Jain said the company’s medium-term “BRIDGE” strategy for FY26-FY31 aims to transform Lumax from a traditional Tier-1 supplier into a Tier-0.5 system integrator, supported by rising premiumisation trends across the automotive sector and increasing demand for advanced interior, electronic and software-enabled solutions.
Passenger vehicles continued to account for the largest share of revenue at 53 per cent in FY26, followed by two- and three-wheelers at 24 per cent. In terms of product mix, advanced plastics contributed 53 per cent of revenue, while structures and control systems accounted for 17 per cent.
During the quarter, Lumax group companies received multiple industry recognitions, including awards from Maruti Suzuki, Mahindra & Mahindra, Honda Motorcycle and Scooter India, and the Japan Institute of Plant Maintenance. The company’s Integrated Annual Report was also ranked 61st globally and received a Platinum Award at the League of American Communications Professionals Vision Awards, marking its seventh consecutive year of recognition.
