Lumax Auto Technologies Limited a leading automotive component manufacturer, has announced its audited financial results for the fourth quarter and full year ending March 31, 2025. The company posted record-breaking revenue and EBITDA, with Q4 FY25 marking the first time its quarterly revenue surpassed ₹1,000 crores.
In FY25, Lumax Auto Technologies reported impressive financial growth, with consolidated revenue from operations increasing by 29% to ₹3,637 crores, compared to ₹2,822 crores in FY24. The company’s profitability also saw a significant boost, with consolidated profit after tax rising by 37% to ₹229 crores, up from ₹167 crores the previous year. This strong performance underscores the company’s continued operational efficiency and strategic growth initiatives.
The fourth quarter of FY25 further demonstrated the company’s success, with revenue surging by 50% to ₹1,133 crores, compared to ₹757 crores in Q4 FY24. This growth highlights Lumax Auto Technologies’ ability to capitalize on market opportunities and drive sustained performance across both the full year and its final quarter.
These results reflect the company’s strengthened operational efficiency and successful execution of its growth strategy. Earnings per share (EPS) for FY25 rose to ₹26.08 from ₹19.10 in FY24, signaling strong value creation for shareholders.
On a standalone basis, Lumax Auto Technologies continued its growth trajectory. Revenue from Original Equipment Manufacturer (OEM) customers grew by 7% in Q4 FY25 and 13% for the full year. The aftermarket segment also showed strong performance, with its first-ever double-digit growth—up 10% quarter-on-quarter, reflecting robust customer demand and product acceptance.
Anmol Jain, Managing Director of Lumax Auto Technologies, commented, “We are pleased to report another year of solid financial performance, with consolidated revenue exceeding ₹3,600 crores and a 37% increase in profit. Our inorganic growth strategy, including acquisitions in alternative fuels and the consolidation of IAC India, positions us well for future success. The improved EBITDA margins reflect our operational excellence and the synergies generated from our expanded portfolio. Going forward, we will continue to leverage both organic and inorganic growth strategies to drive sustainable value for all our stakeholders.”
Lumax Auto Technologies has accelerated its growth through strategic acquisitions. During FY25, the company invested ₹48 crores in Optionally Convertible Redeemable Debentures (OCRDs) of its wholly-owned subsidiary, Lumax Resources Private Limited. This investment helped Lumax acquire a 60% controlling stake in Greenfuel Energy Solutions Private Limited for ₹153 crores, marking the company’s entry into the alternative fuels sector.
Post year-end, the company’s Board approved the acquisition of the remaining 25% stake in IAC International Automotive India Private Limited for ₹221 crores, making it a wholly-owned subsidiary. This move further strengthens the company’s position in the automotive components market. IAC India recently opened two advanced manufacturing facilities in Chakan, Pune, dedicated to producing BEV models for Mahindra & Mahindra, including the BE6 and XEV9e.
In line with its commitment to sustainability, Lumax Auto Technologies has approved an investment of up to ₹0.51 crores in AMPIN C&I Private Limited’s subsidiary to use solar energy across three of its plants in Maharashtra. The company’s Board also approved the formation of two new wholly-owned subsidiaries: “Lumax Auto Solutions Private Limited” and “LumaxAutocomp Private Limited,” which are expected to address emerging growth opportunities in the automotive sector. The Board of Directors has recommended a final dividend of ₹5.50 per equity share (275% of face value) for FY25, subject to approval at the 44th Annual General Meeting on August 25, 2025.
With a robust balance sheet, ongoing strategic acquisitions, and an expanding product portfolio, Lumax Auto Technologies is well-positioned to capitalize on the growth of the automotive market and emerging mobility solutions.
Lumax Auto Technologies Ltd manufactures a wide range of automotive products, including advanced plastics, lighting for 2- and 3-wheelers, chassis, gear shifters, emission systems, seat frames, oxygen sensors, wiring harnesses, electric components, and more. The company is a market leader in designing, testing, and manufacturing gear shifters and interior solutions in India. Lumax operates a strong distribution network with 30 manufacturing plants across major automotive clusters in India. Key customers include Mahindra & Mahindra, Bajaj Auto, Maruti Suzuki, Honda Motorcycles, Tata Motors, Daimler India, and Volkswagen.
