Lumax Industries Balance Sheet Health
Financial Health criteria checks 1/6
Lumax Industries has a total shareholder equity of ₹7.0B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 114.3%. Its total assets and total liabilities are ₹29.4B and ₹22.5B respectively. Lumax Industries's EBIT is ₹1.4B making its interest coverage ratio 2.3. It has cash and short-term investments of ₹501.1M.
Key information
114.3%
Debt to equity ratio
₹7.96b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹501.15m |
| Equity | ₹6.96b |
| Total liabilities | ₹22.48b |
| Total assets | ₹29.44b |
Recent financial health updates
Recent updates
Lumax Industries' (NSE:LUMAXIND) Shareholders May Want To Dig Deeper Than Statutory Profit
Jun 01
Market Still Lacking Some Conviction On Lumax Industries Limited (NSE:LUMAXIND)
Feb 14When Should You Buy Lumax Industries Limited (NSE:LUMAXIND)?
Jun 06Here's What To Make Of Lumax Industries' (NSE:LUMAXIND) Decelerating Rates Of Return
Dec 25Here's Why Shareholders May Want To Be Cautious With Increasing Lumax Industries Limited's (NSE:LUMAXIND) CEO Pay Packet
Aug 24Lumax Industries' (NSE:LUMAXIND) Dividend Will Be Increased To ₹7.00
Aug 17Lumax Industries (NSE:LUMAXIND) Is Increasing Its Dividend To ₹7.00
Aug 03Lumax Industries' (NSE:LUMAXIND) Dividend Will Be Increased To ₹7.00
Jun 13Some Investors May Be Worried About Lumax Industries' (NSE:LUMAXIND) Returns On Capital
Apr 04Lumax Industries Limited's (NSE:LUMAXIND) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 15Lumax Industries (NSE:LUMAXIND) Has A Somewhat Strained Balance Sheet
Feb 23Does Lumax Industries' (NSE:LUMAXIND) CEO Salary Compare Well With The Performance Of The Company?
Jan 26What You Need To Know About Lumax Industries Limited's (NSE:LUMAXIND) Investor Composition
Jan 14Here's Why We Don't Think Lumax Industries's (NSE:LUMAXIND) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 01Is Lumax Industries (NSE:LUMAXIND) Likely To Turn Things Around?
Dec 19
Something To Consider Before Buying Lumax Industries Limited (NSE:LUMAXIND) For The 1.7% Dividend
Dec 06Lumax Industries Limited's (NSE:LUMAXIND) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Nov 21Lumax Industries (NSE:LUMAXIND) Has Gifted Shareholders With A Fantastic 234% Total Return On Their Investment
Nov 08How Should Investors Feel About Lumax Industries' (NSE:LUMAXIND) CEO Remuneration?
Oct 25Do Insiders Own Lots Of Shares In Lumax Industries Limited (NSE:LUMAXIND)?
Oct 11Is Lumax Industries Limited (NSE:LUMAXIND) Worth ₹1.3k Based On Its Intrinsic Value?
Sep 27Is There Now An Opportunity In Lumax Industries Limited (NSE:LUMAXIND)?
Sep 14Lumax Industries Limited (NSE:LUMAXIND) Investors Should Think About This Before Buying It For Its Dividend
Sep 01Financial Position Analysis
Short Term Liabilities: LUMAXIND's short term assets (₹14.1B) do not cover its short term liabilities (₹17.9B).
Long Term Liabilities: LUMAXIND's short term assets (₹14.1B) exceed its long term liabilities (₹4.6B).
Debt to Equity History and Analysis
Debt Level: LUMAXIND's net debt to equity ratio (107.1%) is considered high.
Reducing Debt: LUMAXIND's debt to equity ratio has increased from 50.8% to 114.3% over the past 5 years.
Debt Coverage: LUMAXIND's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: LUMAXIND's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 22:59 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lumax Industries Limited is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dhruv Mudaraddi | BP Wealth Management Private Limited |
| Jathin Kaithavalappil | Choice Equity Broking Private Limited |
| Kripashankar Maurya | Choice Equity Broking Private Limited |