Lumax Industries Ltd Share Price ₹5,312

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Lumax Industries Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	608	618	644	632	743	766	812	887	923	923	1,009	1,053	1,200
Expenses +	559	567	589	573	677	708	752	817	844	841	920	942	1,076
Operating Profit	49	51	55	58	66	58	60	70	79	82	89	111	124
OPM %	8%	8%	9%	9%	9%	8%	7%	8%	9%	9%	9%	11%	10%
Other Income +	14	14	15	13	28	31	22	18	25	16	14	1	11
Interest	9	10	11	13	15	16	19	19	18	18	19	19	18
Depreciation	21	21	21	24	27	26	26	27	33	32	37	38	45
Profit before tax	33	34	38	35	52	46	37	42	53	48	47	55	72
Tax %	38%	32%	31%	27%	31%	26%	23%	19%	18%	25%	24%	15%	25%
Net Profit +	21	23	26	26	36	34	28	33	44	36	36	47	54
EPS in Rs	22.20	24.73	28.08	27.37	38.59	36.57	30.25	35.82	47.04	38.72	38.13	49.80	57.88

Financials of Lumax Industries Ltd

Annual income statement trend

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	1,252	1,271	1,649	1,851	1,602	1,426	1,751	2,320	2,637	3,400	4,184
Expenses +	1,164	1,170	1,515	1,698	1,443	1,326	1,616	2,112	2,405	3,120	3,779
Operating Profit	89	101	135	154	158	100	135	208	231	280	405
OPM %	7%	8%	8%	8%	10%	7%	8%	9%	9%	8%	10%
Other Income +	4	17	19	57	19	27	3	51	70	84	43
Interest	13	11	8	16	22	29	22	30	49	73	74
Depreciation	38	41	48	60	64	65	64	80	93	113	152
Profit before tax	41	65	98	134	92	33	53	149	159	178	223
Tax %	10%	16%	27%	23%	22%	45%	23%	31%	30%	21%	22%
Net Profit +	52	54	71	104	72	18	41	103	111	140	172
EPS in Rs	55.66	58.16	76.34	111.03	76.92	19.42	43.56	110.27	118.77	149.67	184.51
Dividend Payout %	22%	25%	30%	32%	31%	36%	31%	24%	29%	23%	30%

Financials of Lumax Industries Ltd

Capital structure and asset base

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	9	9	9	9	9	9	9	9	9	9	9
Reserves	259	300	353	426	437	451	482	574	662	765	908
Borrowings +	127	92	104	140	347	338	401	431	723	888	973
Other Liabilities +	463	478	751	615	490	564	654	852	1,207	1,199	1,544
Total Liabilities	859	880	1,217	1,190	1,283	1,362	1,546	1,866	2,601	2,861	3,435
Fixed Assets +	408	419	518	549	653	627	711	749	968	1,106	1,434
CWIP	17	20	34	50	32	47	48	43	178	212	105
Investments	69	79	88	81	90	92	102	147	179	246	278
Other Assets +	365	362	577	510	508	596	685	927	1,276	1,297	1,619
Total Assets	859	880	1,217	1,190	1,283	1,362	1,546	1,866	2,601	2,861	3,435

Financials of Lumax Industries Ltd

Operating, investing and financing cash movement

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	81	100	140	104	103	76	108	108	133	212
Cash from Investing Activity +	-37	-62	-128	-97	-194	-31	-129	-90	-245	-293
Cash from Financing Activity +	-59	-39	-11	-6	96	-51	34	-26	137	59
Net Cash Flow	-15	-2	1	1	6	-5	13	-8	24	-22
Free Cash Flow	43	37	8	-8	-63	14	-21	19	-124	-110
CFO/OP	101%	110%	117%	89%	75%	72%	87%	64%	64%	81%

Financials of Lumax Industries Ltd

Working capital efficiency and return ratios

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	53	55	70	44	39	55	48	48	48	50	55
Inventory Days	45	52	57	61	75	94	91	96	129	92	90
Days Payable	135	146	180	114	131	159	163	141	154	147	145
Cash Conversion Cycle	-36	-39	-53	-9	-17	-9	-24	3	22	-6	0
Working Capital Days	-58	-54	-57	-49	-78	-75	-60	-38	-49	-44	-45
ROCE %		19%	24%	22%	17%	8%	11%	19%	17%	16%	18%