Lumax Auto Q4 Revenue Surges 50% YoY To Rs 1,133 Cr

Lumax Auto Technologies, an automotive component manufacturer, has audited financial results for the fourth quarter and full year ended March 31, 2025, showcasing strong operational performance and strategic expansion through inorganic growth initiatives. The company recorded its highest-ever annual revenue and EBITDA and surpassed the Rs 1,000 crore mark in quarterly revenue for the first time.
Consolidated Financial Highlights for FY25:
Revenue Growth: Consolidated revenue from operations surged to Rs 3,637 crore in FY25, representing a significant 29 per cent increase from Rs 2,822 crore in FY24.
Enhanced Profitability: Consolidated profit after tax jumped 37 per cent to Rs 229 crore compared to Rs 167 crore in the previous year
Strong Q4 Performance: Q4 FY25 consolidated revenue reached Rs 1,133 crore, marking a 50 per cent year-on-year growth from Rs 757 crore in Q4 FY24
The company's improved financial metrics reflect enhanced operational efficiency and successful execution of its growth strategy. The consolidated earnings per share increased to Rs 26.08 for FY25 from Rs 19.10 in the previous year, demonstrating strong value creation for shareholders.
On a standalone basis, the company also maintained its growth trajectory. Revenue from OEM customers grew by 7 per cent in Q4 FY25 and 13 per cent for the full year, while the aftermarket segment achieved its first-ever double-digit annual growth, increasing by 10 per cent quarter-on-quarter, reflecting strong customer traction and product acceptance.
Commenting on the performance, Anmol Jain, Managing Director, Lumax Auto Technologies, said, "We are pleased to deliver another year of strong financial performance, with our consolidated revenue crossing Rs 3,600 crore and achieving robust profit growth of 37 per cent. Our strategic focus on inorganic growth through targeted acquisitions, including our entry into alternative fuels and the consolidation of our IAC India operations, positions us well for the evolving automotive landscape. The improved EBITDA margins reflect our operational excellence and the synergies we are realizing from our expanded portfolio. As we move forward, we remain committed to leveraging both organic and inorganic growth levers to create sustainable value for all stakeholders."
Lumax Auto Technologies has accelerated its inorganic growth strategy through strategic acquisitions and partnerships. During the financial year, the company invested Rs 48 crore in Optionally Convertible Redeemable Debentures in its wholly-owned subsidiary Lumax Resources Private, which subsequently acquired a 60 per cent controlling stake in Greenfuel Energy Solutions for Rs 153 crore, marking the company's strategic entry into the alternative fuels business.
Post the year-end, the Board approved the acquisition of the remaining 25 per cent stake in IAC International Automotive India for Rs 221 crore, making it a wholly-owned subsidiary and strengthening the company's market position in automotive components. IAC India has recently inaugurated two state-of-the-art manufacturing facilities at Chakan, Pune, for the BEV models of Mahindra & Mahindra – BE6 & XEV9e.
Diversification and Future-Ready Investments: The company has also approved an investment of up to Rs 0.51 crore in AMPIN C&I's subsidiary to qualify as a captive user for solar energy across its three Maharashtra plants, demonstrating its commitment to sustainable manufacturing practices.
Additionally, the Board has approved the incorporation of two new wholly-owned subsidiaries – "Lumax Auto Solutions" and "Lumax Autocomp" – to address emerging growth opportunities in the automotive sector.
Dividend Declaration: The Board of Directors has recommended a final dividend of Rs 5.50 per equity share (275 per cent of face value) for FY25, subject to shareholder approval at the 44th Annual General Meeting scheduled for August 25, 2025.
Outlook
With a robust balance sheet, strategic acquisitions, and expanding product portfolio, Lumax Auto Technologies is well-positioned to capitalise on the growing automotive market and emerging mobility solutions.
Operational Highlights —Q4 & FY25:
Segment Mix (% of Revenue) | ||||
Particulars | Q4FY25 | Q4FY24 | FY25 | FY24 |
Passenger Vehicles | 59% | 49% | 53% | 48% |
2/3 Wheelers | 17% | 24% | 22% | 24% |
Aftermarket | 10% | 14% | 11% | 14% |
Commercial Vehicles | 8% | 9% | 8% | 9% |
Others | 6% | 4% | 6% | 5% |
Business Mix (% of Revenue) | ||||
Particulars | Q4FY25 | Q4FY24 | FY25 | FY24 |
Advance Plastics | 55% | 54% | 56% | 57% |
Structures & Control Systems | 16% | 23% | 20% | 23% |
Aftermarket | 10% | 14% | 11% | 14% |
Mechatronics | 4% | 3% | 3% | 2% |
Alternate fuels | 8% | - | 3% | - |
Others | 7% | 6% | 7% | 4% |
New Launches made during the quarter
Category | Customer Name | Model | Product |
4-Wheeler | M&M | Thar Roxx BE6 XEV 9E | Cockpit Assembly
|
HCIL | Amaze | Gear Shifter (AT & MT) Shark fin Antena | |
MSIL | Swift | Counter Box & Receptacle Assembly |