Lumax Auto Technologies Limited, together with its subsidiaries, manufactures and sells in automotive components in India.
Lumax Auto Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹144.60|
|52 Week High||₹92.40|
|52 Week Low||₹181.90|
|1 Month Change||2.48%|
|3 Month Change||-15.44%|
|1 Year Change||44.67%|
|3 Year Change||-11.51%|
|5 Year Change||42.20%|
|Change since IPO||553.12%|
Recent News & Updates
Lumax Auto Technologies' (NSE:LUMAXTECH) Dividend Will Be Increased To ₹3.00
Lumax Auto Technologies Limited's ( NSE:LUMAXTECH ) dividend will be increasing to ₹3.00 on 30th of September. This...
Here's What's Concerning About Lumax Auto Technologies' (NSE:LUMAXTECH) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
|LUMAXTECH||IN Auto Components||IN Market|
Return vs Industry: LUMAXTECH underperformed the Indian Auto Components industry which returned 80.6% over the past year.
Return vs Market: LUMAXTECH underperformed the Indian Market which returned 68.3% over the past year.
Stable Share Price: LUMAXTECH is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: LUMAXTECH's weekly volatility (5%) has been stable over the past year.
About the Company
Lumax Auto Technologies Limited, together with its subsidiaries, manufactures and sells in automotive components in India. It offers integrated plastic modules; two-wheeler chassis, swing arms, and lighting products; three-wheeler lighting products and trailing arms; gear shifters and transmission products; emission systems; seat frames; oxygen sensors; telematics products and services; antennas; and after-market products. The company serves two, three, and four-wheeler commercial vehicle and off-road vehicle original equipment manufacturers.
Lumax Auto Technologies Fundamentals Summary
|LUMAXTECH fundamental statistics|
Is LUMAXTECH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LUMAXTECH income statement (TTM)|
|Cost of Revenue||₹8.79b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 14, 2021
|Earnings per share (EPS)||9.22|
|Net Profit Margin||4.84%|
How did LUMAXTECH perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is Lumax Auto Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LUMAXTECH (₹144.6) is trading above our estimate of fair value (₹50.32)
Significantly Below Fair Value: LUMAXTECH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LUMAXTECH is good value based on its PE Ratio (15.7x) compared to the Indian Auto Components industry average (22.2x).
PE vs Market: LUMAXTECH is good value based on its PE Ratio (15.7x) compared to the Indian market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: LUMAXTECH is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: LUMAXTECH is good value based on its PB Ratio (1.9x) compared to the IN Auto Components industry average (2.2x).
How is Lumax Auto Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LUMAXTECH's forecast earnings growth (24.5% per year) is above the savings rate (6.7%).
Earnings vs Market: LUMAXTECH's earnings (24.5% per year) are forecast to grow faster than the Indian market (19.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LUMAXTECH's revenue (9.7% per year) is forecast to grow slower than the Indian market (12.9% per year).
High Growth Revenue: LUMAXTECH's revenue (9.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LUMAXTECH's Return on Equity is forecast to be high in 3 years time
How has Lumax Auto Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LUMAXTECH has high quality earnings.
Growing Profit Margin: LUMAXTECH's current net profit margins (4.8%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: LUMAXTECH's earnings have grown by 4.6% per year over the past 5 years.
Accelerating Growth: LUMAXTECH's earnings growth over the past year (139.8%) exceeds its 5-year average (4.6% per year).
Earnings vs Industry: LUMAXTECH earnings growth over the past year (139.8%) underperformed the Auto Components industry 139.8%.
Return on Equity
High ROE: LUMAXTECH's Return on Equity (12.4%) is considered low.
How is Lumax Auto Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: LUMAXTECH's short term assets (₹4.9B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: LUMAXTECH's short term assets (₹4.9B) exceed its long term liabilities (₹445.7M).
Debt to Equity History and Analysis
Debt Level: LUMAXTECH's debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: LUMAXTECH's debt to equity ratio has increased from 13% to 17.2% over the past 5 years.
Debt Coverage: LUMAXTECH's debt is well covered by operating cash flow (99.8%).
Interest Coverage: LUMAXTECH's interest payments on its debt are well covered by EBIT (20.6x coverage).
What is Lumax Auto Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LUMAXTECH's dividend (2.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: LUMAXTECH's dividend (2.07%) is in the top 25% of dividend payers in the Indian market (1.35%)
Stability and Growth of Payments
Stable Dividend: LUMAXTECH's dividend payments have been volatile in the past 10 years.
Growing Dividend: LUMAXTECH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.5%), LUMAXTECH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vikas Marwah (53 yo)
Mr. Vikas Marwah, MBA, has been Chief Executive Officer of Lumax Auto Technologies Limited since May 2, 2020. He is Chief Sales & Marketing Officer and Senior Vice President of Varroc Engineering Pvt. Ltd....
Experienced Management: LUMAXTECH's management team is considered experienced (2.4 years average tenure).
Experienced Board: LUMAXTECH's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lumax Auto Technologies Limited's employee growth, exchange listings and data sources
- Name: Lumax Auto Technologies Limited
- Ticker: LUMAXTECH
- Exchange: NSEI
- Founded: 1981
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹9.856b
- Shares outstanding: 68.16m
- Website: https://www.lumaxworld.in/lumaxautotech
Number of Employees
- Lumax Auto Technologies Limited
- Harbans Bhawan-II
- 2nd Floor
- New Delhi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 12:07|
|End of Day Share Price||2021/10/14 00:00|
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.