Gurugram: Lumax Auto Technologies Limited (NSE: LUMAXTECH | BSE: 532796), a prominent player in India’s automotive component industry, has announced robust financial results for the fourth quarter and full financial year ended March 31, 2025.
The company posted its highest-ever annual revenue and EBITDA, with strong contributions from both organic and inorganic growth initiatives.
For FY25, Lumax Auto Technologies reported a 29% rise in consolidated revenue to ₹3,637 crore, up from ₹2,822 crore in FY24. The profit before tax (PBT) surged by 36% to ₹308 crore, while profit after tax (PAT) rose 37% to ₹229 crore.
The company also delivered its highest-ever Q4 revenue of ₹1,133 crore, marking a 50% year-on-year increase. The aftermarket segment achieved double-digit growth for the first time, and OEM revenues grew by 13% in FY25, reflecting stronger product acceptance and demand across customer segments.
Strategic Acquisitions Bolster Growth
Lumax Auto Technologies continued its aggressive inorganic growth strategy by acquiring a 60% stake in Greenfuel Energy Solutions via its subsidiary Lumax Resources Private Limited, marking its entry into the alternative fuels segment.
In a major post-year-end move, the company also acquired the remaining 25% stake in IAC India, making it a wholly-owned subsidiary, and inaugurated two new manufacturing plants in Pune to support Mahindra’s BEV line.
Additionally, the company approved a green energy investment in AMPIN C&I Private Limited to source solar power for three Maharashtra plants and announced the incorporation of two new subsidiaries — Lumax Auto Solutions and Lumax Autocomp — to explore future mobility and components.
Lumax Auto Technologies: Dividend and Outlook
The Board recommended a final dividend of ₹5.50 per equity share (275% of face value) for FY25, highlighting the company’s continued focus on delivering shareholder value.
Managing Director Anmol Jain stated, “Our strategic focus on both organic and inorganic levers has helped us deliver record performance this year. Our entry into the alternative fuels space and the IAC India consolidation are pivotal steps toward building a diversified, future-ready auto component business.”
With a strong order book, new product launches, and a forward-looking innovation roadmap, Lumax Auto Technologies is well-positioned to lead India’s auto components landscape amid the shift toward electrification and sustainability.
