Lumax Auto Technologies Limited

NSEI:LUMAXTECH Stock Report

Market Cap: ₹45.9b

Lumax Auto Technologies Valuation

Is LUMAXTECH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of LUMAXTECH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LUMAXTECH (₹664.75) is trading above our estimate of fair value (₹491.12)

Significantly Below Fair Value: LUMAXTECH is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LUMAXTECH?

Key metric: As LUMAXTECH is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LUMAXTECH. This is calculated by dividing LUMAXTECH's market cap by their current earnings.
What is LUMAXTECH's PE Ratio?
PE Ratio29.2x
Earnings₹1.55b
Market Cap₹45.86b

Price to Earnings Ratio vs Peers

How does LUMAXTECH's PE Ratio compare to its peers?

The above table shows the PE ratio for LUMAXTECH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.2x
520057 JTEKT India
49x12.6%₹45.3b
517168 Subros
34.3x24.2%₹44.1b
FIEMIND Fiem Industries
21.7x16.3%₹40.3b
SANDHAR Sandhar Technologies
23.7x17.2%₹30.8b
LUMAXTECH Lumax Auto Technologies
29.2x21.0%₹45.3b

Price-To-Earnings vs Peers: LUMAXTECH is good value based on its Price-To-Earnings Ratio (29.2x) compared to the peer average (32.2x).

Price to Earnings Ratio vs Industry

How does LUMAXTECH's PE Ratio compare vs other companies in the IN Auto Components Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
513262 Steel Strips Wheels
5x-31.3%US$381.68m
505100 India Radiators
0.9xn/aUS$97.74k
523415 Coventry Coil-O-Matic (Haryana)
0.9xn/aUS$88.40k
No more companies available in this PE range
LUMAXTECH 29.2xIndustry Avg. 32.2xNo. of Companies18PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LUMAXTECH is good value based on its Price-To-Earnings Ratio (29.2x) compared to the Indian Auto Components industry average (32.2x).

Price to Earnings Ratio vs Fair Ratio

What is LUMAXTECH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LUMAXTECH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.2x
Fair PE Ratio32.1x

Price-To-Earnings vs Fair Ratio: LUMAXTECH is good value based on its Price-To-Earnings Ratio (29.2x) compared to the estimated Fair Price-To-Earnings Ratio (32.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LUMAXTECH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹664.75
₹672.75
+1.2%
16.8%₹767.00₹483.00n/a4
Dec ’25₹521.00
₹651.50
+25.0%
15.5%₹750.00₹483.00n/a4
Nov ’25₹529.00
₹675.00
+27.6%
8.6%₹750.00₹587.00n/a4
Oct ’25₹572.20
₹675.00
+18.0%
8.6%₹750.00₹587.00n/a4
Sep ’25₹526.25
₹605.50
+15.1%
5.7%₹650.00₹560.00n/a4
Aug ’25₹549.00
₹590.50
+7.6%
6.6%₹650.00₹552.00n/a4
Jul ’25₹582.45
₹590.50
+1.4%
6.6%₹650.00₹552.00n/a4
Jun ’25₹485.30
₹566.00
+16.6%
3.5%₹600.00₹552.00n/a4
May ’25₹478.10
₹509.50
+6.6%
8.2%₹560.00₹457.00n/a4
Apr ’25₹487.10
₹456.60
-6.3%
24.6%₹560.00₹245.00n/a5
Mar ’25₹476.20
₹456.60
-4.1%
24.6%₹560.00₹245.00n/a5
Feb ’25₹397.40
₹417.80
+5.1%
20.9%₹481.00₹245.00n/a5
Jan ’25₹388.10
₹402.00
+3.6%
22.7%₹466.00₹245.00₹648.754
Dec ’24₹389.40
₹402.00
+3.2%
22.7%₹466.00₹245.00₹521.004
Nov ’24₹357.45
₹385.75
+7.9%
23.0%₹466.00₹245.00₹529.004
Oct ’24₹362.00
₹370.75
+2.4%
21.1%₹457.00₹245.00₹572.204
Sep ’24₹376.05
₹370.75
-1.4%
21.1%₹457.00₹245.00₹526.254
Aug ’24₹390.20
₹352.50
-9.7%
17.9%₹406.00₹245.00₹549.004
Jul ’24₹353.10
₹295.67
-16.3%
21.4%₹385.00₹245.00₹582.453
Jun ’24₹308.90
₹265.33
-14.1%
7.9%₹294.00₹245.00₹485.303
May ’24₹312.40
₹269.00
-13.9%
6.6%₹294.00₹256.00₹478.103
Apr ’24₹268.90
₹269.00
+0.04%
6.6%₹294.00₹256.00₹487.103
Mar ’24₹259.50
₹268.75
+3.6%
5.7%₹294.00₹256.00₹476.204
Feb ’24₹228.85
₹267.00
+16.7%
7.3%₹298.00₹246.00₹397.404
Jan ’24₹239.50
₹273.75
+14.3%
5.6%₹298.00₹256.00₹388.104

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 12:53
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Auto Technologies Limited is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kripashankar MauryaChoice Equity Broking Private Limited
Jathin KaithavalappilChoice Equity Broking Private Limited
Abhishek JainDolat Capital Market Pvt. Ltd.