Lumax Auto Technologies Ltd (BOM:532796)
₹ 1,990.15 +35.7 (+1.83%) Market Cap: 135.64 Bil Enterprise Value: 147.16 Bil PE Ratio: 41.86 PB Ratio: 11.20 GF Score: 82/100

Q4 2025 Lumax AutoTechnologies Ltd Earnings Call Transcript

May 30, 2025 / 09:00AM GMT
Release Date Price: ₹811.35 (+17.12%)

Key Points

Positve
  • Lumax Auto Technologies Ltd (BOM:532796) achieved a record revenue of INR3,637 crores in FY25, marking a 29% year-on-year growth.
  • EBITDA reached INR516 crores, surpassing the INR500 crore mark for the first time, with a 25% increase over the previous year.
  • The company successfully acquired Greenfuel Energy Solutions, marking its strategic entry into the alternate fuel segment.
  • Lumax Auto Technologies Ltd (BOM:532796) has a robust order book of INR1,300 crores, with strong visibility across the next three fiscal years.
  • The company reported a strong liquidity position with free cash reserves of INR322 crores and a healthy long-term debt-to-equity ratio of 0.49.
Negative
  • The commercial vehicle segment posted a slight degrowth of negative 1% in FY25 compared to the previous year.
  • The EBITDA margin target of 20% is not expected to be achieved within the next six years, indicating slower margin expansion.
  • Lumax Mannoh's EBITDA margin declined due to a shift in product mix towards manual transmission shifters.
  • The company's standalone EBITDA margins saw a decline due to one-off expenses related to acquisitions.
  • The aftermarket segment only recorded a 5% growth for the full year, reflecting slower recovery compared to other segments.
Operator

Ladies and gentlemen, good day, and welcome to the Lumax Auto Technologies Limited Q4 and FY25 earnings conference call.

This conference call may contain forward-looking statements about the company, which are based on beliefs, opinions and expectations of the company as on the date of this call. These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict.

(Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Anmol Jain, Managing Director of Lumax Auto Technologies Limited. Thank you, and over to you, sir.

Anmol Jain
Lumax AutoTechnologies Ltd - Managing Director, Executive Director

Thank you. A very good afternoon, ladies and gentlemen. It is our pleasure to welcome you to the Q4 and FY25 earnings conference call.

Joining me today are Mr. Deepak Jain, Director; Mr. Vikas Marwah, CEO; Mr. Sanjay Mehta, Director and Group CFO; Mr. Ashish Dubey, CFO; Mr. Sanjay Bhagat, Head of Aftermarket; Mr.

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