Lumax Industries Limited — Investor Meet, 18-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Lumax Industries reported strong Q1 FY27 results: revenue at INR 1,223 Cr (+32.6% YoY), EBITDA at INR 113 Cr (+34% YoY) with 9.2% margin, and PAT at INR 51 Cr (+41.2% YoY). The order book stands robust at ~INR 2,500 Cr, 90% LED-based, driving increased FY27 capex guidance to INR 200-250 Cr. Management anticipates 15-20% CAGR revenue growth for 3-5 years, targeting 10.5-11% EBITDA for FY27, with Q2 margins expected to recover commodity cost impacts. Strategic focus remains on advanced LED lighting, customer diversification among top OEMs, and localization efforts to enhance value creation. Management expressed a confident outlook for sustained growth and margin expansion.