Lumax Industries Limited · NSE:LUMAXIND
Lumax Industries — Q2 & H1 FY26 Earnings Presentation
37 slides from Lumax Industries's earnings presentation, Nov 8, 2025
Slide 1: Exchange Filing Cover Letter
LIL/SE/CS/REG.30/2025-26 November 08, 2025 BSE Limited National Stock Exchange of India Limited Listing & Compliance Department Listing & Compliance Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Mumbai – 400001 Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Secu
Slide 2: Lumax Industries Limited Q2 & H1FY26 Investor Presentation
Lumax Industries Limited [ Q2 & H1FY26 Investor Presentation
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Lumax Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 4: A New ERA
A New ERA HERITAGE STABILITY WARMTH PASSION POSITIVITY ENERGY - Amalgamation of our eight decade legacy & our eternal existence - Seamless and smooth transition over three generations - Shows the lineage of our Brand’s ethos across each era Evolving, Innovating, Transforming For Tomorrow 3
Slide 5: About Lumax Industries
About Lumax Industries Leading Automotive Lighting Manufacturer having a Tier I relationship with all OEMs in India # 2 4 Strong International JV Partners – 2 R&D centers & 2 Overseas Market Leadership in automotive Stanley and SL Corporation; Design centers to stay ahead of Lighting having leadersh
Slide 6: Milestones
Milestones 1981: Lumax Industries Pvt 1945: Founded a partnership Limited established after taking firm ‘Globe Auto Industries’ as 1994: Equity participation of Stanley, Japan over partnership firm Globe a Trading concern in Lumax Industries Limited Auto Industries 1956-57: Set-up dedicated unit 199
Slide 7: Global Partnerships
Global Partnerships Relationship since 1984 Relationship since 1997 JV for Lighting, HVAC Panels and other Electronics JV for Lighting and Other Automotive parts 37.5% in Lumax Industries Limited 21.28% in SL Lumax Limited Stanley, Japan SL Corporation, Korea • Lumax has maintained a strong, four-de
Slide 8: About SL Lumax
About SL Lumax About SL Lumax Limited In partnership with SL Corporation, Korea, a multinational automotive player with presence in Asia-Pacific, Europe & US Plant located at Sriperumbudur near Chennai Products include Head Lamp, Rear Combination Lamp, Fog Lamp, Chassis, Trim & Mirrors, Shift
Slide 9: Strategic Manufacturing Locations in Proximity to Customers
Strategic Manufacturing Locations in Proximity to Customers Pantnagar Dharuhera Haridwar Bawal Chakan Bawal – Electronic Facility Chakan II Sanand Chinchwad Sanand II SL Lumax Ltd Chennai Bengaluru R&D Centre & Design Centre Czech Taiwan Republic Gurugram R&D Centre Pune … in Key Auto Belts of India
Slide 10: Board of Directors
Upholding excellence in Corporate Governance Board of Directors Mr. Tadayoshi Aoki Mr. Dhanesh Kumar Jain Senior Executive Director Chairman Emeritus He is Nominee Director of Stanley Over 60 years of experience in the Electric Co. Limited, Japan and automotive industry in management, possesses over
Slide 11: Visionary Leadership Team
Visionary Leadership Team Mr. Raju B Ketkale Mr. Sanjay Mehta Mr. Ian Barnard Chief Executive Officer Group CFO Automotive Specialist – New Experience: 30+ Years Experience: 30+ Years Technology & Innovation Experience: 35+ Years Mr. Raajesh Kumar Gupta Mr. Ravi Teltia Executive Director & Company S
Slide 12: Inhouse Technological Developments
Inhouse Technological Developments OLED Rear Lamps w/ Low Cost LED Headlamp Ultra Homogenous Lux-LED Portfolio of Low-Profile Animation Modules Signal Lamps Headlamp Projector Modules Matrix (ADB) Headlamp Grille Lighting with Animation Innovative Interior and Image Projection Modules Module and Con
Slide 13: Technology Evolution
Lighting Technology Roadmap Technology Evolution • Slim Line Modules including 1 row A) • Illuminated logos, grilles & letters • Micro optics foils or • ADAS Sensor Integration molded structures • MEMS or DLP road • MEMS or DLP ADB & AFS • Night Vision Systems projections • MLA (Lumax version, Integ
Slide 14: In House R&D and Validation Facility
In House R&D and Validation Facility Evolving, Innovating, Transforming For Tomorrow 13
Slide 15: CSR
CSR Lumax Charitable Foundation, the CSR arm of Lumax, actively works on 3 SDGs across 3 states: Good Clean Quality Water & Health & Education Sanitation Well-being 424 cataract surgeries 35 children supported with juvenile diabetes management 913 cancer awareness, screening and treatment interventi
Slide 16: CSR
CSR Operating across 33 government and low-income private schools 7,870 students received Life Skills in five states across India, near Lumax plant locations Education 7,870 students reached with personal and menstrual hygiene awareness 5,850 students benefited from Career Counselling & Guidance 500
Slide 17: Our ESG Roadmap
Our ESG Roadmap Lumax – Plant Carbon Neutrality Strategy 100% ETP & STP Advance Equipment 100% rain-water 25% reduction of 30% reduction of 40% reduction in all plants installation for the harvesting setup. Co2 (Supply Co2 (Supply of Co2 (Supply reduction of fresh- 10% reduction of cha
Slide 18: Celebrating Milestones with Awards & Accolades
Celebrating Milestones with Awards & Accolades Lumax Industries, Chakan II received Lumax Industries received award for their superior Lumax Industries received Best New Model Manufacturing Excellence Award at the 59th performance in the area of Inner Part Localization Development Award at SMIPL Ann
Slide 19: Celebrating Milestones with Awards & Accolades
Celebrating Milestones with Awards & Accolades Ms. Priyanka Sharma, Sr. VP & Corporate Head – Corporate Communications & CSR received Top Lumax Group received Best CSR Project of the Lumax Industries, Chakan II received ‘On Time Order Fulfilment Award’ Inspiring Women Leaders 2025 (Corporate Year –
Slide 20: Q2 & H1 FY26 Operational & Financial Performance
Q2 & H1 FY26 Operational & Financial Performance
Slide 21: Management Commentary
Management Commentary Commenting on the performance Mr. Deepak Jain, Chairman & Managing Director, Lumax Industries Limited said, “We continue to deliver industry-leading growth, with revenue for the quarter growing by 24.2%, driven by increasing penetration of LED lighting and our strong execution
Slide 22: Q2FY26 – Financial Snapshot
Q2FY26 – Financial Snapshot Revenue (Rs. In Crs) EBITDA (Rs. In Crs) PAT (Rs. In Crs) +22.4% +32.6% +15.0% 1,931 175 72 1,578 63 +24.2% +45.8% 132 +26.0% 1,009 91 36 812 62 28 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 EBITDA Margin PAT Margin • EBITDA margin
Slide 23: Orderbook Break-up
Orderbook Break-up Total Order Book for the company stands at Rs 1,840+ Crores LED v/s Conventional EV v/s Non-EV PV, 2/3W, Others 9% 1% 15% 32% 67% 85% 91% LED Conventional EV Non EV PV 2W & 3W Others Evolving, Innovating, Transforming For Tomorrow 22
Slide 24: H1FY26 – Segment wise revenue break-up
H1FY26 – Segment wise revenue break-up LED v/s Conventional Segment Mix 6% 6% 39% 28% 29% 47% 53% H1FY25 H1FY26 H1FY25 H1FY26 61% 65% 66% LED Conventional Passenger Vehicle Two Wheeler Commercial Vehicle Product Mix 11% 9% 22% 23% H1FY25 H1FY26 66% 69% Front Lighting Rear Lighting Others Evolving, I
Slide 25: Q2FY26 – Revenue mix among Customers
Q2FY26 – Revenue mix among Customers Customer wise Sales Customer wise Sales (Rs. 760 Crores)* (Rs. 976 Crores)* 95 89 (12%) (10%) 24 183 (2%) (24%) 260 20 (27%) 10 29 33 (3%) 58 (1%) (3%) (4%) (6%) 29 (4%) 39 Q2FY25 82 Q2FY26 (5%) (8%) 54 (7%) 150 81 (20%) (8%) 196 61 (20%) (8%) 147 96 (15%) (13%)
Slide 26: H1FY26 – Revenue mix among Customers
H1FY26 – Revenue mix among Customers Customer wise Sales Customer wise Sales (Rs. 1,462 Crores)* (Rs. 1,824 Crores)* 147 159 (10%) (8%) 39 38 355 (2%) 474 61 (3%) (24%) (26%) (4%) 28 57 103 (2%) (3%) 58 (4%) (6%) 84 (6%) 161 H1FY25 H1FY26 (9%) 124 (9%) 278 139 (19%) (8%) 372 123 (20%) (8%) 293 194 (
Slide 27: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (Rs. in Crores) Q2FY26 Q2FY25 Y-o-Y Q1FY26 Q-o-Q H1FY26 H1FY25 Y-o-Y Manufacturing Revenue 976.1 759.5 847.8 1,823.9 1,461.7 Moulds Revenue 32.5 52.3 74.7 107.2 115.9 • EBITDA margins for the Total Operating Revenue 1,008.6 811.8 24.2% 922.5 9.3% 1,931.
Slide 28: Standalone Balance Sheet
Standalone Balance Sheet ASSETS (Rs. in Crores) Sep-25 Mar-25 EQUITY & LIABILITIES (Rs. in Crores) Sep-25 Mar-25 Non-current assets Equity Property, plant and equipment 1,174.3 982.3 Equity Share capital 9.3 9.3 Capital work-in-progress 128.9 212.1 Other equity 607.9 589.5 Right of use assets 114.0
Slide 29: Standalone Cashflow Statement
Standalone Cashflow Statement Particulars (Rs. in Crores) Sep-25 Sep-24 PBT 68.6 42.4 Adjustments 105.7 84.2 Operating profit before working capital changes 174.3 126.6 Changes in working capital (41.5) (151.6) Cash generated from operations 132.8 (25.0) Direct taxes paid (net of refund) 18.1 10.5 N
Slide 30: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. in Crores) Q2FY26 Q2FY25 Y-o-Y Q1FY26 Q-o-Q H1FY26 H1FY25 Y-o-Y Manufacturing Revenue 976.1 759.5 847.8 1,823.9 1,461.7 Moulds Revenue 32.5 52.3 74.7 107.2 115.9 • EBITDA margins for the Total Operating Revenue 1,008.6 811.8 24.2% 922.5 9.3% 1,93
Slide 31: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. in Crores) Sep-25 Mar-25 EQUITY & LIABILITIES Sep-25 Mar-25 Non-current assets Equity Property, plant and equipment 1,178.3 986.2 Equity Share capital 9.3 9.3 Capital work-in-progress 128.9 212.1 Other equity 806.3 764.9 Right of use assets 119.3 100.1 Sub-tota
Slide 32: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (Rs. in Crores) Sep-25 Sep-24 PBT 95.4 82.8 Adjustments 81.6 46.8 Operating profit before working capital changes 177.0 129.6 Changes in working capital (39.8) (147.6) Cash generated from operations 137.2 (18.0) Direct taxes paid (net of refund) 18.5 11.6
Slide 33: Key Ratios
Key Ratios RoE RoCE Dividend Per Share 17% 16% 17% 15% 35.00 35.00 16% 13% 13% 12% 27.00 9% 8% 13.50 FY22 FY23 FY24 FY25 H1FY26 FY22 FY23 FY24 FY25 H1FY26 FY22 FY23 FY24 FY25 Long Term Debt / Equity Asset Turns (x) 0.4 1.80 1.72 1.74 0.3 1.50 0.3 1.30 0.1 0.1 FY22 FY23 FY24 FY25 H1FY26 FY22 FY23* FY
Slide 34: About Lumax Group
About Lumax Group
Slide 35: About DK Jain Group
About Lumax Group Building an admired high Respect Integrity Our performance Global Our We deliver Pride and Progress Our Organization in whom all Vision stakeholders have absolute Purpose with Positivity Values Passion Excellence trust Leader in About DK Jain Group Automotive 42 Manufacturing Over
Slide 36: Lumax Group - Two Listed Entities
Lumax Group - Two Listed Entities Lumax Auto Technologies Lumax Industries Partnerships & JV’s Partnerships & JV’s Cornaglia – Italy YOKOWO - Japan Mannoh – Japan JOPP - Germany Stanley – Japan Ituran – Israel Alps Alpine – Japan SL Corporation - Korea FAE – Spain YOKOWO - Japan
Slide 37: Thank You
Thank You For further information, please contact: Company Investor Relations Lumax Industries Limited Strategic Growth Advisors Pvt. Limited CIN: L74899DL1981PLC012804 CIN: U74140MH2010PTC204285 Ms. Priyanka Sharma Mr. Shogun Jain / Mr. Sagar Shroff priyanka.sharma@lumaxmail.com shogun.jain@sgapl.n
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