Lumax Auto profit surges 47% to ₹337 cr, buys out last FAE stake
Full-year earnings grew faster than sales, suggesting tighter cost control. The board also bought the remaining 16% of its oxygen-sensor subsidiary for ₹1.92 crore.
— 3 earlier stories on Lumax Auto Technologies Ltd. →What's new
- Annual net profit jumped 47% to ₹337 crore on 34% revenue growth to ₹4,870 crore.
- Board approved acquisition of the remaining 15.97% stake in Lumax FAE Technologies for ₹1.92 crore.
- Promoter Deepak Jain was redesignated as Vice Chairman; ₹36 crore guarantee issued for the Lumax Alps Alpine JV.
Why this matters
Lumax is paying ₹1.92 crore to fully own a subsidiary it already controlled, removing a minority stake for negligible cost. The profit growth outpacing revenue points to tighter operations. The results themselves were anticipated, but the full-year figure confirms a durable trend.
What we're watching
- Whether the full ownership of Lumax FAE alters reported margins or product strategy.
- How the market digests results the rationale says were likely priced in.
- Any further commitments from the ₹36 crore guarantee for the Lumax Alps Alpine JV.
The full read
Lumax Auto Technologies closed FY26 with net profit of ₹337 crore, a 47% jump from the prior year. Revenue grew 34% to ₹4,870 crore, meaning profit outpaced sales. The board also moved to consolidate its oxygen-sensor business, paying ₹1.92 crore to buy out the last 15.97% of Lumax FAE Technologies. Other actions included a ₹36 crore corporate guarantee for the Lumax Alps Alpine joint venture and the elevation of promoter Deepak Jain to Vice Chairman. The results were widely anticipated, but the full-year number confirms that higher volumes and tighter cost control are translating directly into profit.
Questions answered
- How much profit did Lumax Auto make, and what drove it?
- Lumax Auto reported a consolidated annual net profit of ₹337 crore, a 47% increase. The growth was supported by a 34% rise in revenue to ₹4,870 crore.
- What did the company acquire for ₹1.92 crore?
- The board approved buying the remaining 15.97% stake in Lumax FAE Technologies, a subsidiary specializing in oxygen sensors. This will make it a wholly-owned subsidiary.
- What is the ₹36 crore guarantee for?
- The company provided a corporate guarantee of ₹36 crore for its Lumax Alps Alpine joint venture. The filing does not specify the exact purpose or beneficiary of this guarantee.
- What is the dividend, and who is the new Vice Chairman?
- The board recommended a final dividend of ₹5.50 per share. At the same meeting, promoter Deepak Jain was redesignated to the role of Vice Chairman.
Story so far
All notes on LUMAXTECH →- 29 May 2026 · 8:14 PM IST Lumax Auto profit surges 47% to ₹337 cr, buys out last FAE stake
- today Lumax Auto plans full JOPP exit, targets 20% annual growth
- 7d ago Lumax Auto profits up 47% as it merges two units and pivots to systems
- 7d ago Lumax takes full control of sensor venture, backs JV with ₹36 cr guarantee