Investor Release of Financial Result for the 4th Quarter and Year ended March 31, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 28 May 2026, 09:24 PM IST · BSE ID: eae0f55f-ab9d-4197-a972-ca5db06d32b9
View Original BSE Filing (PDF)
💡
In Simple Terms
Lumax Industries recorded its best-ever yearly and quarterly sales and profits for the year ending March 2026.
🤖 AI Summary
- Lumax Industries reported highest-ever annual revenue of Rs. 4,184.2 Cr in FY26, a 23.0% YoY increase.
- Highest-ever quarterly revenue in Q4FY26 was Rs. 1,200.3 Cr, an increase of 30.0% YoY.
- FY26 annual EBITDA reached Rs. 412.1 Cr, up 42.8% YoY, with Q4FY26 EBITDA at Rs. 124.9 Cr.
- Annual Profit after Tax (PAT) for FY26 was Rs. 172.5 Cr, an increase of 23.3% YoY.
- ICRA Limited upgraded the Long-term credit rating to ICRA AA- (Stable) and Short-term to ICRA A1+.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue (FY26)
Rs. 4,184.2 Cr
23.0%
EBITDA (FY26)
Rs. 412.1 Cr
42.8%
PAT (FY26)
Rs. 172.5 Cr
23.3%
Revenue (Q4FY26)
Rs. 1,200.3 Cr
30.0%
EBITDA (Q4FY26)
Rs. 124.9 Cr
46.6%
PAT (Q4FY26)
Rs. 54.1 Cr
23.0%
EPS (FY26)
Rs. 184.5
23.3%
🏢 How This Affects the Company
The company achieved its highest-ever annual and quarterly revenues, driven by an improved product mix with LED lighting contributing 61% to total revenue.
Consolidated EBITDA margin improved by 130 bps YoY to 9.8% in FY26, and PBT margin improved by 150 bps YoY to 4.5% in FY26.
The company introduced new lighting products for passenger vehicles (M&M XUV 7XO, Tata Punch Facelift, Skoda Kushaq Facelift, Toyota Urban Cruiser Ebella) and 2-wheelers (Suzuki E-Access).
The company notes potential uncertainties from the ongoing West Asia conflict, which could impact production, commodity prices, fuel costs, and overall economic sentiment.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the strong financial performance, including a 23.3% YoY increase in EPS to Rs. 184.5 for FY26, reflecting improved profitability.
🔍
Management Signal
Management's focus on an improved product mix, with LED lighting now 61% of total revenue, indicates a strategic shift towards higher-value segments.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor revenue growth and EBITDA margins.
Updates on West Asia conflict impact on supply chain and costs.
New product launches and order book additions in subsequent quarters.
MEDIUM RISK
Uncertainties from the ongoing West Asia conflict could affect production, commodity prices, and fuel costs.
💡 Investor Takeaway
Lumax Industries reported a 23.0% YoY increase in FY26 revenue to Rs. 4,184.2 Cr, and PAT grew 23.3% YoY to Rs. 172.5 Cr. Q4FY26 revenue was up 30.0% YoY to Rs. 1,200.3 Cr. EBITDA margin for FY26 improved by 130 bps to 9.8%.
⚖️ Strengths & Concerns
✅ Positives
- Highest-ever annual revenue in FY26 at Rs. 4,184.2 Cr, reflecting a 23.0% increase compared to the previous year.
- Highest-ever annual EBITDA in FY26 at Rs. 412.1 Cr, with a 42.8% YoY increase and margin improvement of 130 bps to 9.8%.
⚠️ Concerns
- Q4FY26 PAT margin saw a decrease of 30 bps to 4.5% compared to 4.8% in Q4FY25.
- The company recorded exceptional items for FY26 totaling Rs. 17.8 Cr pertaining to notification of Labour Code.
❓ Frequently Asked Questions
What was Lumax Industries' consolidated revenue for FY26?
Lumax Industries reported its highest-ever annual consolidated revenue of Rs. 4,184.2 Cr for FY26, an increase of 23.0% compared to FY25.
What was Lumax Industries' Profit after Tax (PAT) for Q4FY26?
The Profit after Tax (PAT) for Q4FY26 was Rs. 54.1 Cr, representing a 23.0% increase compared to Rs. 44.0 Cr in Q4FY25.
What was Lumax Industries' EBITDA margin in FY26?
Lumax Industries' EBITDA margin for FY26 improved by 130 bps YoY to 9.8%, with the highest-ever annual EBITDA at Rs. 412.1 Cr.
What is the share of LED lighting in Lumax Industries' total revenue for FY26?
The share of LED Lighting in Lumax Industries' total revenue for FY26 stands at 61%, with Conventional Lighting at 39%.
What credit rating upgrade did Lumax Industries receive?
ICRA Limited upgraded Lumax Industries' Long-term credit rating to ICRA AA- (Stable) and its Short-term credit rating to ICRA A1+.
Questions based on this BSE filing only. For information purposes.