Lumax Auto's FY26 profit jumps 47% on ₹4,870 cr revenue
The board also bought the final 16% of its sensor subsidiary and approved a ₹36 crore JV guarantee.
— 3 earlier stories on Lumax Auto Technologies Ltd. →What's new
- Consolidated revenue grew 34% to ₹4,870 crore; net profit rose 47% for the year ended March 31, 2026.
- The board approved buying the remaining 15.97% of Lumax FAE Technologies for ₹1.92 crore.
- Promoter Deepak Jain was redesignated as Vice Chairman; a ₹36 crore corporate guarantee for a JV was approved.
Why this matters
The profit growth outpaces the strong top-line expansion, indicating improved profitability. Buying out the sensor subsidiary simplifies the corporate structure for a key technology asset.
What we're watching
- Whether the full-year growth rate holds in the next quarterly results.
- The operational impact of owning Lumax FAE Technologies outright.
- How the ₹36 crore guarantee for the Alps Alpine JV affects the balance sheet.
The full read
Lumax Auto closed FY26 with a 34% jump in consolidated revenue to ₹4,870 crore. Net profit grew faster, rising 47%. Alongside the results, the board moved to fully own a key sensor business, paying ₹1.92 crore for the last 15.97% of Lumax FAE Technologies. The company also approved a ₹36 crore guarantee for a joint venture with Alps Alpine and redesignated promoter Deepak Jain as Vice Chairman. The profit growth, on a large revenue base, is the core positive signal. The acquisition is a small, tidy consolidation. The open question is what the new leadership title means for day-to-day control.
Questions answered
- How strong was Lumax Auto's profit growth in FY26?
- Consolidated net profit increased by 47% year-on-year, driven by a 34% rise in revenue to ₹4,870 crore.
- What did the company acquire and for how much?
- It bought the remaining 15.97% stake in its sensor manufacturing subsidiary, Lumax FAE Technologies, for ₹1.92 crore, making it a wholly owned unit.
- What is the corporate guarantee for?
- The board approved a ₹36 crore guarantee for Lumax Auto's joint venture with Alps Alpine.
- What leadership change was announced?
- Promoter Deepak Jain was redesignated from his previous role to Vice Chairman of the company.
Story so far
All notes on LUMAXTECH →- 29 May 2026 · 7:01 PM IST Lumax Auto's FY26 profit jumps 47% on ₹4,870 cr revenue
- 1d ago Lumax posts record ₹4,870 cr revenue, 47% profit jump
- 1d ago Lumax Auto's profit surges 47% to ₹337 cr; buys out remaining FAE stake
- 1d ago Lumax buys out JV partner, names founder vice chairman alongside strong FY26 results