| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,342 | 1,009 | +33.0% |
| EBITDA | 110 | 88.7 | +23.6% |
| EBITDA margin | 8.2% | 8.8% | −0.6 pts |
| Profit before tax | 53.1 | 35.2 | +51.0% |
| Net profit | 52.0 | 35.6 | +45.9% |
| EPS | ₹55.62 | ₹38.13 | +45.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 5,006 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 15.1 | 25.2 | 9.4 | 32.0 | 7.4 | ||
| 807 | 807 | 772 | 597 | 382 | ||
| 5,797 | — | — | — | — | ||
| 4,818 | 4,184 | 3,400 | 2,637 | 2,320 | ||
| — | +23.0% | +29.0% | +13.7% | — | ||
| 454 | 405 | 279 | 230 | 207 | ||
| 9.4% | 9.7% | 8.2% | 8.7% | 8.9% | ||
| 290 | 253 | 166 | 138 | 128 | ||
| 204 | 172 | 140 | 111 | 103 | ||
| 4.2% | 4.1% | 4.1% | 4.2% | 4.4% | ||
| ₹217.93 | ₹184.50 | ₹149.67 | ₹118.77 | ₹110.27 | ||
| — | +23.3% | +26.0% | +7.7% | — | ||
| — | 373 | 316 | 132 | 108 | ||
| — | −289 | −324 | −262 | −90.6 | ||
| 83.1 | 83.1 | −8.4 | −130 | 17.1 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 5,005.7 | |
| - Cash, Equiv & ST Investments | 7.4 | 32.0 | 9.4 | 25.2 | 15.1 | |
| + Total Debt | 381.7 | 597.0 | 772.0 | 806.8 | 806.8 | |
| Enterprise Value | — | — | — | — | 5,797.4 | |
| Revenue | 2,319.5 | 2,636.6 | 3,400.4 | 4,184.2 | 4,818.1 | |
| Growth %, YoY | — | +13.7 | +29.0 | +23.0 | — | |
| EBITDA | 207.5 | 230.4 | 279.4 | 405.1 | 453.9 | |
| Margin % | 8.94 | 8.74 | 8.22 | 9.68 | 9.42 | |
| EBIT | 127.5 | 137.5 | 166.1 | 253.4 | 290.5 | |
| Net Income | 103.1 | 111.0 | 139.9 | 172.5 | 203.7 | |
| Margin % | 4.44 | 4.21 | 4.11 | 4.12 | 4.23 | |
| EPS, Adj (current shares) | 110.27 | 118.77 | 149.67 | 184.50 | 217.93 | |
| Growth %, YoY | — | +7.7 | +26.0 | +23.3 | — | |
| Cash from Operations | 107.7 | 132.4 | 316.1 | 372.6 | — | |
| Capital Expenditures | -90.6 | -262.0 | -324.4 | -289.4 | — | |
| Free Cash Flow | 17.1 | -129.6 | -8.4 | 83.1 | 83.1 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Lumax Industries (NSE: LUMAXIND) had a market capitalisation of ₹4,643 crore at the 30 October 2026 close (₹4,967.50 a share), a PE ratio of 22.8 on the last four quarters' profit and a price-to-book ratio of 4.79. In FY26 its consolidated net profit was ₹172 crore on revenue of ₹4,184 crore; in Q2 FY27 (July–September 2026) it was ₹52 crore, up 45.9% year on year. Its debt-to-equity ratio was 0.92 on 30 September 2026. Promoters held 75.00% of the shares on 30 September 2026.
Lumax Industries' PE ratio is 22.8 at the 30 October 2026 close (₹4,967.50 a share): a market capitalisation of ₹4,643 crore divided by consolidated net profit of ₹204 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹172 crore) it is 26.9.
Lumax Industries' debt-to-equity ratio was 0.92 on 30 September 2026: borrowings of ₹893 crore against total equity of ₹970 crore. A year earlier, on 30 September 2025, it was 1.06.
Lumax Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹970 crore on 30 September 2026, up 18.9% from ₹816 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,643 crore at the 30 October 2026 close.
Lumax Industries' price-to-book (PB) ratio is 4.79 at the 30 October 2026 close: a market capitalisation of ₹4,643 crore divided by shareholders' equity (book value) of ₹970 crore on 30 September 2026. That is a book value of ₹1,037.28 per share against a share price of ₹4,967.50.
In FY26, Lumax Industries' return on equity (ROE) was 20.4% and its return on capital employed (ROCE) was 19.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 19.4% and ROCE 14.4%.
Lumax Industries' book value per share was ₹1,037.28 on 30 September 2026: shareholders' equity of ₹970 crore divided by the 93.48 lakh shares in issue, up 18.9% from ₹872.52 a year earlier. The share price at the 30 October 2026 close was ₹4,967.50.
Lumax Industries' market capitalisation was ₹4,643 crore at the 30 October 2026 close: 93.48 lakh shares at ₹4,967.50 each.
No. Lumax Industries had borrowings of ₹893 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.92. Its cash and current investments were ₹16.8 crore, so its net debt was ₹876 crore.
In 2026, Lumax Industries has declared one dividend: ₹55 with record date 6 August 2026.
Lumax Industries' basic earnings per share (EPS) were ₹184.50 in FY26, against ₹149.67 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹217.92.
Lumax Industries' dividend yield is 1.11% at the 30 October 2026 close: dividends of ₹55 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹4,967.50. They were ₹55 on 6 August 2026.
Promoters held 75.00% of Lumax Industries on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Lumax Industries' shares were held by promoters 75.00%, foreign portfolio investors (FII/FPI) 1.73%, domestic institutions (DII) 7.70% (including mutual funds at 7.15%) and retail and other non-institutional investors 15.58%. Over the year, FII holding was up 0.59 percentage points from 1.14% and DII holding was up 1.72 percentage points from 5.98%.
In FY26 (April 2025–March 2026), Lumax Industries' consolidated net profit was ₹172 crore, up 23.3% from ₹140 crore in FY25, on revenue from operations of ₹4,184 crore (up 23.0%). Over three years, from FY23, net profit was up 67.3%.
At the 30 October 2026 closing prices, on FY26 net profit, Lumax Industries' PE ratio is 26.9, the second highest of the four: LG Balakrishnan & Bros 16.7, Sharda Motor Industries 13.4 and Rolex Rings 31.4, a peer average of 20.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Lumax Industries generated ₹373 crore of cash from operations and spent ₹289 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹83.1 crore. In FY25 it was −₹8.4 crore.
Lumax Industries' latest results are for Q2 FY27 (July–September 2026): consolidated net profit ₹52 crore, up 45.9% from ₹35.6 crore in Q2 FY26; revenue from operations ₹1,342 crore, up 33.0% year on year.
Lumax Industries has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against LG Balakrishnan & Bros, Sharda Motor Industries and Rolex Rings: Lumax Industries' operating margin of 6.1% is the lowest of the four (LG Balakrishnan & Bros 12.0%, Sharda Motor Industries 10.5%, Rolex Rings 16.9%; peer average 13.1%); its return on equity of 20.4% is the second highest of the four (LG Balakrishnan & Bros 15.7%, Sharda Motor Industries 29.1%, Rolex Rings 12.4%; peer average 19.1%); its revenue growth over three years of 21.7% a year is the highest of the four (LG Balakrishnan & Bros 11.8% a year, Sharda Motor Industries 8.0% a year, Rolex Rings −1.0% a year; peer average 6.2% a year).
In FY26, Lumax Industries earned net profit of ₹172 crore on revenue of ₹4,184 crore, against ₹319 crore on ₹3,076 crore for LG Balakrishnan & Bros. Lumax Industries' operating margin was 6.1% (LG Balakrishnan & Bros 12.0%) and its return on equity 20.4% (LG Balakrishnan & Bros 15.7%). At the 30 October 2026 close, Lumax Industries' market capitalisation was ₹4,643 crore against ₹5,336 crore for LG Balakrishnan & Bros, and its PE ratio on FY26 profit 26.9 against 16.7.
From Lumax Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.