Lumax Auto Technologies Ltd
Lumax Auto Technologies Ltd was incorporated in 1981 and is a part of the D.K. Jain Group of companies. It is engaged in the business of manufacturing and supplying of Automotive Lamps, Plastic Moulded Parts, and Frame Chassis to two, three, and four-wheeler segments [1]
It has Partnerships with 7 Global players like Yokowo(Japan), JOPP(Germany), and few others.[2]
- Market Cap ₹ 3,421 Cr.
- Current Price ₹ 502
- High / Low ₹ 610 / 362
- Stock P/E 34.9
- Book Value ₹ 100
- Dividend Yield 1.10 %
- ROCE 14.8 %
- ROE 14.6 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 41.9%
Cons
- Stock is trading at 5.00 times its book value
- The company has delivered a poor sales growth of 6.86% over past five years.
- Company has a low return on equity of 13.7% over last 3 years.
- Earnings include an other income of Rs.60.4 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
431 | 475 | 522 | 560 | 481 | 498 | 958 | 942 | 903 | 1,196 | 1,322 | 1,335 | 1,413 | |
396 | 443 | 487 | 525 | 457 | 467 | 884 | 874 | 837 | 1,108 | 1,214 | 1,221 | 1,284 | |
Operating Profit | 35 | 32 | 35 | 35 | 24 | 31 | 74 | 68 | 66 | 88 | 107 | 114 | 130 |
OPM % | 8% | 7% | 7% | 6% | 5% | 6% | 8% | 7% | 7% | 7% | 8% | 9% | 9% |
2 | 2 | 25 | 8 | 1 | 21 | 36 | 35 | 22 | 20 | 25 | 63 | 60 | |
Interest | 0 | 3 | 5 | 4 | 4 | 2 | 3 | 7 | 7 | 7 | 11 | 30 | 34 |
Depreciation | 4 | 8 | 10 | 12 | 13 | 12 | 22 | 27 | 25 | 27 | 31 | 33 | 33 |
Profit before tax | 33 | 22 | 45 | 27 | 8 | 37 | 85 | 70 | 56 | 74 | 90 | 114 | 123 |
Tax % | 32% | 33% | 28% | 28% | 29% | 21% | 30% | 14% | 24% | 26% | 18% | 19% | |
22 | 15 | 32 | 20 | 5 | 29 | 60 | 60 | 42 | 55 | 74 | 93 | 98 | |
EPS in Rs | 3.27 | 2.20 | 4.70 | 2.87 | 0.79 | 4.28 | 8.74 | 8.73 | 6.18 | 8.04 | 10.79 | 13.59 | 14.38 |
Dividend Payout % | 37% | 54% | 30% | 33% | 119% | 47% | 34% | 34% | 49% | 44% | 42% | 40% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 7% |
3 Years: | 14% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 9% |
3 Years: | 32% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 38% |
3 Years: | 49% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 13% |
3 Years: | 14% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 84 | 90 | 110 | 123 | 181 | 245 | 432 | 401 | 474 | 470 | 569 | 660 | 671 |
26 | 52 | 41 | 33 | 34 | 1 | 55 | 70 | 60 | 123 | 285 | 394 | 383 | |
115 | 140 | 113 | 136 | 125 | 249 | 262 | 207 | 243 | 282 | 262 | 266 | 328 | |
Total Liabilities | 238 | 295 | 278 | 305 | 354 | 508 | 763 | 691 | 791 | 888 | 1,130 | 1,334 | 1,395 |
41 | 115 | 113 | 116 | 122 | 140 | 224 | 244 | 241 | 254 | 284 | 270 | 262 | |
CWIP | 36 | 1 | 0 | 3 | 6 | 3 | 2 | 1 | 5 | 9 | 2 | 3 | 12 |
Investments | 26 | 26 | 28 | 29 | 88 | 131 | 172 | 124 | 202 | 200 | 470 | 685 | 714 |
135 | 153 | 136 | 158 | 138 | 234 | 364 | 322 | 343 | 425 | 373 | 376 | 407 | |
Total Assets | 238 | 295 | 278 | 305 | 354 | 508 | 763 | 691 | 791 | 888 | 1,130 | 1,334 | 1,395 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 54 | 27 | 28 | 19 | 51 | 52 | 45 | 81 | 51 | 88 | 53 | |
-44 | -50 | 0 | -10 | -18 | -14 | -84 | 5 | -64 | -72 | -220 | -93 | |
15 | 2 | -27 | -21 | 4 | -42 | 31 | -33 | -46 | 27 | 130 | 44 | |
Net Cash Flow | -17 | 5 | 0 | -2 | 5 | -4 | -0 | 17 | -30 | 5 | -2 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 70 | 71 | 53 | 63 | 66 | 122 | 87 | 64 | 73 | 64 | 55 | 69 |
Inventory Days | 19 | 23 | 27 | 28 | 28 | 46 | 18 | 22 | 26 | 28 | 21 | 25 |
Days Payable | 80 | 104 | 77 | 96 | 95 | 200 | 104 | 69 | 94 | 77 | 67 | 75 |
Cash Conversion Cycle | 9 | -10 | 2 | -5 | 0 | -32 | 1 | 17 | 5 | 14 | 9 | 20 |
Working Capital Days | -1 | -15 | -7 | -4 | -7 | -14 | 25 | 17 | 10 | 10 | 10 | 24 |
ROCE % | 32% | 18% | 16% | 19% | 7% | 17% | 23% | 16% | 12% | 14% | 14% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Transcript of the Analysts/Investors Earnings Conference Call - Q2 FY 2024-25
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Submission of newspaper cuttings of publication of Un-audited Financial Results for 2nd Quarter and Half Year ended September 30, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Nov - Audio recording link of Q2 earnings call available.
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Announcement under Regulation 30 (LODR)-Investor Presentation
13 Nov - Investor Presentation for the 2nd Quarter and Half Year ended September 30, 2024
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
13 Nov - Investor release of Q2 and H1 FY25 financial results.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Nov 2024Transcript PPT
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Sep 2024TranscriptPPT
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May 2024Transcript PPT REC
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Dec 2021Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021TranscriptNotesPPT
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Nov 2020Transcript PPT
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Jul 2020Transcript PPT
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Dec 2019Transcript PPT
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Sep 2019TranscriptPPT
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Dec 2018Transcript PPT
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Aug 2018Transcript PPT
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Jun 2018Transcript PPT
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Feb 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
Market Leadership
The Co. is the market leader in Gear Shifters with around 70% market share in FY19. [1] [2]