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Lumax Industries (BOM:517206) Long-Term Capital Lease Obligation : ₹1,053 Mil (As of Mar. 2025)


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What is Lumax Industries Long-Term Capital Lease Obligation?

Lumax Industries's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹1,053 Mil.

Lumax Industries's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (₹1,160 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹1,053 Mil).

Lumax Industries's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (₹445 Mil) to Mar. 2024 (₹1,176 Mil) but then declined from Mar. 2024 (₹1,176 Mil) to Mar. 2025 (₹1,053 Mil).


Lumax Industries Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lumax Industries's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lumax Industries Long-Term Capital Lease Obligation Chart

Lumax Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 361.80 354.26 445.47 1,175.72 1,053.16

Lumax Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,175.72 - 1,159.65 - 1,053.16

Lumax Industries  (BOM:517206) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Lumax Industries Long-Term Capital Lease Obligation Related Terms

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Lumax Industries Business Description

Traded in Other Exchanges
Address
Plot No. - 878, Udyog Vihar, Phase - V, Gurugram, HR, IND, 122016
Lumax Industries Ltd is engaged in the business of manufacturing various types of Automotive lighting equipment for four wheelers and two wheeler applications in India .The Company's business activity falls within a single business segment which is manufacturing and trading of Automotive Components. It provides automotive lighting equipment that includes head lamps, tail lamps, sundry lamps, and auxiliary lamps. Geographically, the company caters its services to domestic and overseas market, of which a majority of revenue is derived within India.

Lumax Industries Headlines

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