Lumax Industries Ltd
About
Lumax Industries capitalised on the Indian automotive industry boom in the 80s and 90s to provide automotive lighting solutions and allied components primarily to original equipment manufacturers (OEMs). It was founded by S. C. Jain as a trading company and remains a part of the DK Jain Group even today. With manufacturing plants located in Haryana, Maharashtra, Gujarat, Uttarakhand, Karnataka, and Tamil Nadu, Lumax produces gear shifters, plastic fuel tanks, seat frames, cables and wiring harnesses, telematics products and services, among others, in addition to lighting solutions. The company has catered to clients like Hero and TVS for two-wheelers, Renault and Hyundai for four-wheelers, and John Deere and Mahindra for tractors. Its exports have served companies like Jaguar, Audi, and Land Rover.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2731 13.7% | 2403 35.0% | 1779 21.8% | 1460 -10.2% | 1626 -15.1% | 1914 13.8% | 1682 30.6% | 1288 8.6% | 1186 0.8% | 1177 6.6% | 1104 2.5% | 1077 8.5% | 992 14.1% | 870 35.5% | 642 23.2% | 521 - |
| Net Operating Income (INR Cr) | 2637 13.67% | 2320 32.44% | 1751 22.81% | 1426 -10.96% | 1602 -13.50% | 1851 12.25% | 1649 29.78% | 1271 1.25% | 1255 0.00% | 1143 2.32% | 1117 4.34% | 1070 8.63% | 985 13.73% | 866 36.60% | 634 21.24% | 523 0.24% |
| Profit (INR Cr) | 111 7.7% | 103 153.1% | 41 124.4% | 18 -74.8% | 72 -30.7% | 104 45.5% | 71 31.3% | 54 4.5% | 52 214.0% | 17 115.2% | 8 -43.3% | 14 6.1% | 13 -28.7% | 18 203.6% | 6 - | -2 - |
| Assets (INR Cr) | 1442 36.6% | 1055 13.3% | 932 12.2% | 831 1.0% | 822 37.1% | 600 23.4% | 486 13.9% | 427 -0.2% | 427 14.2% | 374 2.9% | 364 -3.8% | 378 0.3% | 377 30.8% | 288 18.2% | 244 -9.7% | 270 - |
| Net Worth (INR Cr) | 672 15.1% | 584 18.7% | 492 6.8% | 460 3.1% | 446 2.7% | 435 20.1% | 362 17.1% | 309 18.6% | 261 0.0% | 173 4.3% | 166 2.4% | 162 5.7% | 153 4.3% | 147 8.5% | 135 2.0% | 133 -2.0% |
| Employee Cost (INR Cr) | 323 17.3% | 276 14.5% | 241 16.5% | 207 -1.5% | 210 -3.7% | 218 15.4% | 189 18.2% | 160 13.2% | 141 13.3% | 125 15.8% | 108 10.9% | 97 22.6% | 79 17.8% | 67 22.6% | 55 7.3% | 51 - |
| Interest Cost (INR Cr) | 49 | 30 | 22 | 29 | 23 | 16 | 8 | 11 | 13 | 14 | 17 | 19 | 12 | 9 | 11 | 9 |
| Cash & Bank Balance (INR Cr) | 47 | 7 | 16 | 3 | 38 | 2 | 2 | 1 | 3 | 19 | 16 | 28 | 31 | 32 | 19 | 19 |
| Total Debt (INR Cr) | 723 | 431 | 401 | 338 | 347 | 140 | 104 | 92 | 127 | 159 | 158 | 176 | 181 | 99 | 101 | 129 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 4.1% | 4.3% | 2.3% | 1.2% | 4.4% | 5.4% | 4.2% | 4.2% | 4.4% | 1.4% | 0.7% | 1.3% | 1.3% | 2.1% | 0.9% | - |
| Profit As % Of Assets | 7.7% | 9.8% | 4.4% | 2.2% | 8.8% | 17.3% | 14.7% | 12.7% | 12.2% | 4.4% | 2.1% | 3.6% | 3.4% | 6.2% | 2.4% | - |
| Profit As % Of Networth | 16.5% | 17.7% | 8.3% | 3.9% | 16.1% | 23.9% | 19.7% | 17.6% | 20.0% | 9.6% | 4.7% | 8.4% | 8.4% | 12.3% | 4.4% | - |
| Interest Cost to EBITDA % | 21.0% | 14.7% | 18.4% | 29.2% | 14.2% | 10.6% | 5.9% | 11.2% | 15.2% | 24.3% | 34.1% | 30.4% | 26.7% | 16.9% | 26.4% | 42.7% |
| Debt to Equity Ratio | 1.08 | 0.74 | 0.81 | 0.73 | 0.78 | 0.32 | 0.29 | 0.30 | 0.49 | 0.92 | 0.95 | 1.09 | 1.18 | 0.68 | 0.74 | 0.98 |
| RONW | 17.7% | 19.2% | 11.3% | 4.0% | 16.3% | 19.0% | 21.3% | 19.1% | 14.2% | 9.8% | 4.2% | 8.6% | 8.6% | 16.2% | 4.7% | - |
| ROCE | 16.6% | 18.0% | 10.4% | 7.5% | 16.1% | 21.1% | 23.1% | 18.0% | 13.0% | 8.0% | 5.6% | 9.2% | 7.9% | 15.9% | 7.5% | 2.3% |