Lumax Industries (NSE:LUMAXIND) Retained Earnings: ₹7,408 Mil (As of Mar. 2026)

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NSE:LUMAXIND Lumax Industries Ltd NSE:LUMAXIND
78 GF Score
Price ₹5,791.50
GF Value ₹4,400.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Lumax Industries Retained Earnings?

Lumax Industries NSE:LUMAXIND -0.14% 78 Retained Earnings is ₹7,408 Mil as of Mar. 2026. GuruFocus rates NSE:LUMAXIND with a GF Score™ of 78/100 and a GF Value™ of ₹4,400.42 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lumax Industries's retained earnings for the quarter that ended in Mar. 2026 was ₹7,408 Mil.

Lumax Industries's quarterly retained earnings stayed the same from Sep. 2025 (₹0 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹7,408 Mil).

Lumax Industries's annual retained earnings increased from Mar. 2024 (₹4,930 Mil) to Mar. 2025 (₹6,000 Mil) and increased from Mar. 2025 (₹6,000 Mil) to Mar. 2026 (₹7,408 Mil).


Lumax Industries  (NSE:LUMAXIND) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Lumax Industries Retained Earnings Historical Data

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The historical data trend for Lumax Industries's Retained Earnings 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.

Lumax Industries Retained Earnings Chart

Lumax Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,180.39 4,094.59 4,929.82 6,000.09 7,408.07

Lumax Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 6,000.09 0.00 0.00 0.00 7,408.07
NSE:LUMAXIND
78GF Score
Lumax Industries Ltd NSE:LUMAXIND
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Lumax Industries Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₹7,408 Mil mean?
Lumax Industries (NSE:LUMAXIND) has a Retained Earnings of ₹7,408 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Lumax Industries and its competitors.
Is Lumax Industries' Retained Earnings too high?
Lumax Industries' current Retained Earnings is ₹7,408 Mil. Overall, Lumax Industries has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumax Industries' Retained Earnings compare to ORLY and AZO?
Lumax Industries' Retained Earnings of ₹7,408 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Vehicles & Parts company?
A good Retained Earnings depends on the Vehicles & Parts industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Lumax Industries and its competitors. Lumax Industries's current Retained Earnings is ₹7,408 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumax Industries stock overvalued right now?
Based on GuruFocus' analysis, Lumax Industries (NSE:LUMAXIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4,400.42, compared to a current price of ₹5,791.50 — trading 31.6% above its estimated fair value. The current Retained Earnings is ₹7,408 Mil. Lumax Industries' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Lumax Industries (NSE:LUMAXIND), the current Retained Earnings is ₹7,408 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lumax Industries (NSE:LUMAXIND) Overvalued in 2026?

Based on GuruFocus' analysis, Lumax Industries stock appears to be overvalued. The current stock price of ₹5,791.50 is trading 31.6% above its estimated GF Value™ of ₹4,400.42. GuruFocus considers Lumax Industries to be Significantly Overvalued.

Key valuation signals for NSE:LUMAXIND:

  • Retained Earnings: ₹7,408 Mil
  • GF Value™: ₹4,400.42 vs. price of ₹5,791.50 (31.6% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the NSE:LUMAXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lumax Industries Business Description

Other Exchanges 517206:India
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 the 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 the domestic and overseas markets, of which a majority of revenue is derived within India.
78GF Score

Get the complete analysis for NSE:LUMAXIND

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5,791.50
Price
₹4,400.42
GF Value