Lumax Industries Limited — Investor Meet, 18-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Lumax Industries reported robust Q1 FY26 with revenue up 20.5% YoY to INR 923 Cr, and EBITDA at INR 84 Cr, up 20.7%. EBITDA margin improved to 9.2%. PAT rose 6% to INR 36 Cr. LED lighting is a key driver, now 61% of revenue. The company maintains a strong INR 2,000 Cr order book, 84% LED-based, with almost half expected in FY26. New SOPs include Maruti's eVitara EV. Management expects 15-20% top-line growth and double-digit EBITDA for FY26, driven by higher wallet share and deeper LED penetration. The tone is confident about future growth and margin expansion.