What was the growth in standalone net profit for the year?

Standalone net profit reached **₹146.50 crore**, marking a **60%** increase over the previous year.

How does the new dividend compare to the prior year?

The board recommended a final dividend of **₹55** per share, which is a **57%** increase from the **₹35** paid in the prior year.

What leadership changes did the board announce?

Deepak Jain has been appointed as Chairman, and Anmol Jain has been designated as the new Managing Director.

What was the revenue performance for the final quarter?

Standalone revenue for the fourth quarter grew **30%** year-on-year to **₹1,200 crore**.

When is the record date for the dividend?

The company has fixed **August 6, 2026**, as the record date for the dividend payment.

Earnings · Auto Ancillary · Mid cap

Lumax Industries lifts dividend to ₹55 as annual profit jumps 60%

The company reported record FY26 revenue of ₹4,184.16 crore and a leadership shuffle, naming Deepak Jain as Chairman and Anmol Jain as MD.

— 1 earlier story on Lumax Industries Ltd. →

LUMAXIND 28 May 2026 · 11:11 PM IST Verify on BSE · NSE

Mkt cap₹5,589 cr

P/E32.40×

ROE18.07%

Debt / eq.1.00

Div yld0.59%

₹55 / share Final dividend recommended for FY26, a 57% increase over last year.

What's new

Consolidated revenue rose 23% to ₹4,184.16 crore for FY26.
Standalone net profit climbed 60% to ₹146.50 crore.
Deepak Jain takes over as Chairman; Anmol Jain is the new Managing Director.

Why this matters

The dividend hike signals management's confidence in future cash flows despite the impact of new labour code charges. Formalizing the leadership transition suggests a clear succession path for the company.

What we're watching

The August 6, 2026, record date for the dividend payment.
How the new leadership team manages margins amid ongoing labour code adjustments.
Sustained growth in standalone revenue, which hit ₹1,200 crore in Q4.

The full read

Lumax Industries closed FY26 with record consolidated revenue of ₹4,184.16 crore, a 23% gain. Standalone net profit surged 60% to ₹146.50 crore, even after accounting for exceptional charges related to new labour codes. This performance allowed the board to lift the final dividend by 57% to ₹55 per share. The company also formalized its leadership structure, appointing Deepak Jain as Chairman and Anmol Jain as Managing Director. Q4 standalone revenue hit ₹1,200 crore, a 30% year-on-year increase. The audit opinion is unmodified. With the dividend record date set for August 6, 2026, the company is signaling stability in both its balance sheet and its executive suite.

Questions answered

What was the growth in standalone net profit for the year?: Standalone net profit reached ₹146.50 crore, marking a 60% increase over the previous year.
How does the new dividend compare to the prior year?: The board recommended a final dividend of ₹55 per share, which is a 57% increase from the ₹35 paid in the prior year.
What leadership changes did the board announce?: Deepak Jain has been appointed as Chairman, and Anmol Jain has been designated as the new Managing Director.
What was the revenue performance for the final quarter?: Standalone revenue for the fourth quarter grew 30% year-on-year to ₹1,200 crore.
When is the record date for the dividend?: The company has fixed August 6, 2026, as the record date for the dividend payment.

Mentioned: Deepak Jain · Anmol Jain · August 6, 2026

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

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28 May 2026 · 11:11 PM IST Lumax Industries lifts dividend to ₹55 as annual profit jumps 60%
today Lumax Industries profit jumps 60% as leadership transition begins