Lumax Auto TechnologiesNSE:LUMAXTECH
Current view Q4 2026
Auto-parts firm moving into high-tech parts; sensors business grew 150% and CNG kits are scaling fast, beating targets. Solid, but the dividend was cut sharply despite booming profit.
Latest exchange filings last 5 · 5 after Q4 2026
- 26 Aug ’26Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Aug ↗
- 26 Aug ’26Lumax Auto held its 45th AGM on Aug 26, 2026; proposed Rs. 5.50 dividend and discussed FY26 results. ↗
- 18 Aug ’26Transcript of Earnings Conference Call held on Tuesday, August 11, 2026. ↗
- 11 Aug ’26Audio recording link shared for Q1 FY2026-27 earnings conference call held August 11, 2026. ↗
- 11 Aug ’26Submission of the Newspaper cuttings of publication of Un-audited Financial Results for 1st Quarter ended June 30, 2026. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +25.1% | +11.5% | +38.1% | +34.5% |
| Operating profit | ▲ +29.3% | +15.3% | +47.4% | +43.1% |
| EPS | ▲ +50.9% | +6.9% | +44.3% | +42.7% |
| PAT | ▲ +22.5% | −9.3% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is PAT at +22.5%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Good68/100
⚠ Your own view on this company is Concern. Read the note above first — this score reads the figures, and it has not read the concall.
Growing fast — and the market has noticed. Profit per share grew 44% a year, and buyers now pay more for each rupee of it than they did a year ago. Some of the re-pricing has already happened.
₹2,032 → ₹4,064 needs the P/E at 33× — it is 50× today, and has ranged 16× to 83× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 50× — it has traded there — high was 83×.
At ₹1,481 the price-tag on its earnings reaches the 36× it is being projected toward — the point where being cheap against that yardstick is used up.
Both engines fired — but you're buying after the re-rate.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a mid-cap at ₹13,270 cr, so the odds of a re-rate are not fighting its own size.
Growth rate used: 44.3% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 51%.
How it compares with its rivals Auto · 6 of 129 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Lumax Auto Tech. | ₹2,091 | 43.0× | ₹14,254 Cr | 21.2% | +109.2% | +32.9% |
| Samvardh. Mothe. | ₹164 | 38.0× | ₹1.74 L Cr | 13.4% | +81.5% | +16.6% |
| Bosch | ₹47,778 | 59.6× | ₹1.41 L Cr | 21.5% | +5.2% | +22.0% |
| Bharat Forge | ₹1,990 | 94.2× | ₹95,149 Cr | 12.6% | −57.7% | +18.7% |
| Uno Minda | ₹1,241 | 58.6× | ₹71,687 Cr | 19.6% | +1.8% | +23.8% |
| Schaeffler India | ₹4,145 | 50.1× | ₹64,788 Cr | 27.9% | +13.7% | +17.5% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | broadly flat | operating margin 13% → 14% over 3 years |
|---|---|---|
| Did the profit turn into cash? | most of it arrived as cash | 86% last year, 84% over three · free cash flow ₹214 cr, positive in 5 of 5 years |
| Is the growth borrowed? | carrying more debt than equity | ₹1,231 cr — 1.02× its own equity (was 0.96×) |
| Is it being collected? | collection is steady | 76 days to collect, down 4 in a year · cash cycle 20 days |
| Who has been buying? | the promoters have held steady | promoters 56.0%, 56.0% → 56.0% over 2.8 years · FIIs 8.7% (+1.7) · DIIs 16.5% (+0.2) · shareholders 27,140 → 64,759 |
| What does it earn on its capital? | earns a high return on the capital it employs | ROCE 21.2% · ROE 26.4% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is expected to give good quarter
- Company has delivered good profit growth of 43.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 21.1%
- Company's median sales growth is 19.8% of last 10 years
Against it
- Stock is trading at 11.9 times its book value
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.