Lumax Industries Limited · NSE:LUMAXIND
Lumax Industries — H1 FY2026 Earnings Presentation
36 slides from Lumax Industries's earnings presentation, Nov 8, 2025
Slide 1: Lumax Industries Limited Q2 & H1FY26 Investor Presentation
LUMnx 1945 io ETERNITY Lumax Industries Limited [ Q2 & H1FY26 Investor Presentation DK JAIN GROUP
Slide 2: Safe Harbor
Safe Harbor LUMnx 15145 io ETEANITY 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 o
Slide 3: A New ERA
A New ERA LUMnx 1945 io ETERNITY 945t·o ET IEA llY - 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 4: About Lumax Industries
About Lumax Industries LUMnx 15145 io ETEANITY 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
Slide 5: Milestones
Milestones LUMnx 1945 io ETERNITY 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: Se
Slide 6: Global Partnerships
Global Partnerships LUMnx 1945 io ETERNITY 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 LUMftX SL Corporation ---0--- ---0--- Stanley, Japan S
Slide 7: About SL Lumax
About SL Lumax LUMnx 1945 io ETERNITY --, ,, ,,. '' I \ About SL Lumax Limited I \ I I I I ' ' ' T - ,,. ,, ✓ In partnership with SL Corporation, Korea, a multinational l I I I automotive player with presence in Asia-Pacific, Europe & US I I I I I I ''------------------------------------------------
Slide 8: Strategic Manufacturing Locations in Proximity to Customers
Strategic Manufacturing Locations in Proximity to Customers LUMnx 1945 io ETERNITY 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
Slide 9: Board of Directors
Upholding excellence in Corporate Governance LUMnx 1945 io ETERNITY 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 man
Slide 10: Visionary Leadership Team
Visionary Leadership Team LUMnx 1945 io ETERNITY 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 Executi
Slide 11: Inhouse Technological Developments
Inhouse Technological Developments LUMnx 1945 io ETERNITY [ OLED Rear Lamps w/ Animation Low Cost LED Headlamp Modules Ultra Homogenous Lux-LED Signal Lamps Portfolio of Low-Profile Headlamp Projector Modules ] [ Matrix (ADB) Headlamp Module and Controls Grille Lighting with Animation / Charging Ind
Slide 12: Technology Evolution
Lighting Technology Roadmap LUMnx 1945 io ETERNITY --:,,.....--- - ---- - ------------- 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 •
Slide 13: In House R&D and Validation Facility
In House R&D and Validation Facility LUMnx 1945 io ETERNITY Evolving, Innovating, Transforming For Tomorrow 13
Slide 14: CSR
CSR LUMnx 1945 io ETERNITY WMX* * ll~ 'f'"' Lumax Charitable Foundation, the CSR arm of ..,.,,..,(11(~"" ~ " wh:R:,r(f a,f'lt:Tc2'J .n ~ Ol~ Lumax, actively works on 3 SDGs across 3 states: "'4-JO,hl ilOI Good Clean Quality Water & Health & Education Sanitation Well-being 424 cataract surgeries 35 c
Slide 15: CSR
CSR LUMnx 1945 io ETERNITY 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 Cou
Slide 16: Our ESG Roadmap
Our ESG Roadmap LUMnx 1945 io ETERNITY RE40 RE70 RE90 Rl100 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 (Suppl
Slide 17: Celebrating Milestones with Awards & Accolades
Celebrating Milestones with Awards & Accolades LUMnx 1945 io ETERNITY 59 _ __ -- . -·- ~~CHNOLDGY SUMMIT ....... _,. ._. Lumax Industries, Chakan II received [_ _ _ _) [_ _ _ _) [_ _ _ _] Lumax Industries received award for their superior Lumax Industries received Best New Model Manufacturing Excell
Slide 18: Celebrating Milestones with Awards & Accolades
Celebrating Milestones with Awards & Accolades LUMnx 1945 io ETERNITY r r 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 Lead
Slide 19: Q2 & H1 FY26 Operational & Financial Performance
LUMnx 1945 io ETERNITY Q2 & H1 FY26 Operational & Financial Performance DK JAIN GRO P
Slide 20: Management Commentary
Management Commentary LUMnx 1945 io ETERNITY 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 an
Slide 21: Q2FY26 – Financial Snapshot
Q2FY26 – Financial Snapshot LUMnx 1945 io ETERNITY [.______ _____,] Revenue (Rs. In Crs) [_ _ _] EBITDA (Rs. In Crs) [_ _ _ _] PAT (Rs. In Crs) p 1,578 +22.4% 1,931 +32.6% 175 p 63 +15.0% 72 +24.2% +45.8% 132 +26.0% 1,009 91 36 812 62 28 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25
Slide 22: Orderbook Break-up
Orderbook Break-up LUMnx 1945 io ETERNITY Total Order Book for the company stands at Rs 1,840+ Crores [ LED v/s Conventional l [ EV v/s Non-EV l [ PV, 2/3W, Others l 9% 1% 15% 32% 67% 85% 91% • LED Conventional • EV Non EV • PV 2W & 3W • Others Evolving, Innovating, Transforming For Tomorrow 22
Slide 23: H1FY26 – Segment wise revenue break-up
H1FY26 – Segment wise revenue break-up LUMnx 1945 io ETERNITY [ LED v/s Conventional l [ Segment Mix l 6% 6% 39% 28% 29% 47% 53% H1FY25 H1FY26 H1FY25 H1FY26 61% 65% 66% • LED Conventional • Passenger Vehicle Two Wheeler • Commercial Vehicle [ Product Mix l 11% 9% 22% 23% H1FY25 H1FY26 66% 69% • Fron
Slide 24: Q2FY26 – Revenue mix among Customers
Q2FY26 – Revenue mix among Customers LUMnx 1945 io ETERNITY [ Customer wise Sales (Rs. 760 Crores)* ) [ Customer wise Sales (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
Slide 25: H1FY26 – Revenue mix among Customers
H1FY26 – Revenue mix among Customers LUMnx 1945 io ETERNITY [ Customer wise Sales (Rs. 1,462 Crores)* ) [ Customer wise Sales (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
Slide 26: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement LUMnx 1945 io ETERNITY 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
Slide 27: Standalone Balance Sheet
Standalone Balance Sheet LUMnx 15145 io ETEANITY 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 Ri
Slide 28: Standalone Cashflow Statement
Standalone Cashflow Statement LUMnx 15145 io ETEANITY 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 (ne
Slide 29: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement LUMnx 1945 io ETERNITY 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.
Slide 30: Consolidated Balance Sheet
Consolidated Balance Sheet LUMnx 15145 io ETEANITY 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 ass
Slide 31: Consolidated Cashflow Statement
Consolidated Cashflow Statement LUMnx 15145 io ETEANITY 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 (n
Slide 32: Key Ratios
Key Ratios LUMnx 1945 io ETERNITY [ RoE l [ RoCE l [ Dividend Per Share l 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 l [ Asset Turns (x) l 0.4 1.80 1.72 1.74 0.3 1.50 0.3 1.30 0.1 0
Slide 33: About Lumax Group
LUMnx 1945 io ETERNITY About Lumax Group DK JAIN GRO P
Slide 34: About Lumax Group
About Lumax Group LUMnx 15145 io ETEANITY 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 ---------
Slide 35: Lumax Group - Two Listed Entities
Lumax Group - Two Listed Entities LUMnx 15145 io ETEANITY • •I Lumax Auto Technologies J Lumax Industries Partnerships & JV’s J Partnerships & JV’s ✓ Cornaglia – Italy ✓ YOKOWO - Japan ✓ Mannoh – Japan ✓ JOPP - Germany LUMnx ✓ Stanley – Japan ✓ Ituran – Israel ✓ Alps Alpine – Japan ✓ SL Corporation
Slide 36: Thank You
Thank You LUMnx 1945 io ETERNITY For further information, please contact: Company Investor Relations LUMnx SGA Strategic Growth Advisors Lumax Industries Limited Strategic Growth Advisors Pvt. Limited CIN: L74899DL1981PLC012804 CIN: U74140MH2010PTC204285 Ms. Priyanka Sharma Mr. Shogun Jain / Mr. Sag