Lumax Auto Technologies Limited — PPTs, 30-05-2025: Investor Presentation

1. Financial Highlights:

Lumax Auto Technologies reported consolidated revenue of ₹3,637 Cr, up 29% YoY, crossing ₹1,000 Cr in a single quarter for the first time. EBITDA was ₹516 Cr at a 14.2% margin, with PBT and PAT at ₹309 Cr and ₹229 Cr respectively. Free cash flow remained strong at ₹322 Cr. Net debt stood at ₹136 Cr, supported by capital expenditure of ₹177 Cr. Contributions from subsidiaries IAC India and Greenfuel were significant in overall growth.

2. Strategic Initiatives & Growth Drivers:

The company targets over 20% revenue from future mobility and clean energy by FY31, focusing on EV, alternate fuels, advanced plastics, and mechatronics. It launched a Software-Defined Vehicle vertical enhancing digital capabilities and is expanding into high-value vehicle electronics such as Body Control Modules. Mid-term goals include 20%+ CAGR revenue growth and EBITDA margins above 20%, backed by capex and R&D.

3. Business Developments:

Lumax acquired the remaining 25% stake in IAC India to make it a wholly owned subsidiary, intending to merge for stronger consolidated results and acquisition capacity. It also acquired 60% of Greenfuel Energy, entering the alternate fuels space. IAC opened new production plants for BEV models of M&M, boosting future mobility product output.

4. Market Position & Competitive Advantage:

With 130 plants across India and a broad portfolio across lighting, electronics, interiors, and alternate fuels, Lumax leverages longstanding OEM relationships (M&M, Maruti, HMSI, Tata) and technological innovation. Its scale and joint ventures strengthen its leadership as a system integrator and supplier.

5. Investor Implications:

Robust financials and strategic acquisitions underpin positive growth potential, especially in future mobility and clean energy segments. The emphasis on margin improvement, digital innovation, and sustainability supports long-term upside. Execution on acquisitions and new verticals will be critical to watch for sustained momentum.