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LUMA

Lumax Auto TechnologiesNSEI:LUMAXTECH Stock Report

Market Cap

₹9.9b

7D

-4.1%

1Y

44.7%

Updated

16 Oct, 2021

Data

Company Financials +
LUMAXTECH fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends4/6

LUMAXTECH Overview

Lumax Auto Technologies Limited, together with its subsidiaries, manufactures and sells in automotive components in India.

Lumax Auto Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lumax Auto Technologies
Historical stock prices
Current Share Price₹144.60
52 Week High₹92.40
52 Week Low₹181.90
Beta1.1
1 Month Change2.48%
3 Month Change-15.44%
1 Year Change44.67%
3 Year Change-11.51%
5 Year Change42.20%
Change since IPO553.12%

Recent News & Updates

Aug 08
Lumax Auto Technologies' (NSE:LUMAXTECH) Dividend Will Be Increased To ₹3.00

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...

Jul 19
Here's What's Concerning About Lumax Auto Technologies' (NSE:LUMAXTECH) Returns On Capital

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...

Shareholder Returns

LUMAXTECHIN Auto ComponentsIN Market
7D-4.1%3.7%2.3%
1Y44.7%80.6%68.3%

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.

Price Volatility

Is LUMAXTECH's price volatile compared to industry and market?
LUMAXTECH volatility
LUMAXTECH Beta1.1
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
19811,001Vikas Marwahhttps://www.lumaxworld.in/lumaxautotech

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

How do Lumax Auto Technologies's earnings and revenue compare to its market cap?
LUMAXTECH fundamental statistics
Market Cap₹9.86b
Earnings (TTM)₹628.45m
Revenue (TTM)₹12.97b

15.7x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LUMAXTECH income statement (TTM)
Revenue₹12.97b
Cost of Revenue₹8.79b
Gross Profit₹4.19b
Expenses₹3.56b
Earnings₹628.45m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 14, 2021

Earnings per share (EPS)9.22
Gross Margin32.27%
Net Profit Margin4.84%
Debt/Equity Ratio17.2%

How did LUMAXTECH perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

33%

Payout Ratio

Valuation

Is Lumax Auto Technologies undervalued compared to its fair value and its price relative to the market?

15.68x

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).


Future Growth

How is Lumax Auto Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

24.5%

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


Past Performance

How has Lumax Auto Technologies performed over the past 5 years?

4.6%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Lumax Auto Technologies's current dividend yield, its reliability and sustainability?

2.07%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Vikas Marwah (53 yo)

1.42yrs

Tenure

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....


Leadership Team

Experienced Management: LUMAXTECH's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: LUMAXTECH's board of directors are considered experienced (5.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lumax Auto Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Lumax Auto Technologies Limited
  • Harbans Bhawan-II
  • 2nd Floor
  • New Delhi
  • Delhi
  • 110046
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 12:07
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.