Is Lumax Auto Technologies a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Lumax Auto Technologies Ltd is a good quality company .

Is Lumax Auto Technologies undervalued or overvalued?

The key valuation ratios of Lumax Auto Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Lumax Auto Technologies share price return in the past 10 years?

Lumax Auto Technologies Ltd share price has appreciated 25.8% annually (CAGR) over the past ten years.

Is Lumax Auto Technologies a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Lumax Auto Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Lumax Auto Technologies?

The latest standalone P/E ratio of Lumax Auto Technologies as of 05-Nov-2024 is 36.42.

What is the P/B ratio of Lumax Auto Technologies?

The latest standalone P/B ratio of Lumax Auto Technologies as of 05-Nov-2024 is 5.07.

What is the 52-week high and low of Lumax Auto Technologies?

The 52-week high of Lumax Auto Technologies is Rs. 608.15 and the 52-week low is Rs. 357.30.

Lumax Auto Technologies Ltd - Stock Valuation and Financial Performance

Name: Lumax Auto Technologies
Brand: Lumax Auto Technologies

BSE: 532796 | NSE: LUMAXTECH | Auto Ancillary | Small Cap

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Lumax Auto Tech Share Price

₹517.70 4.00 0.78%
as on 05-Nov'24 10:45

10 Year X-Ray of Lumax Auto Tech:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	31.2%	18.7%	5.6%	17.7%	24.9%	16%	12.6%	14.6%	14.3%	15.3%	-
Value Creation Index ⓘ	1.2	0.3	-0.6	0.3	0.8	0.1	-0.1	0.0	0.0	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	524	562	481	596	1,129	942	903	1,196	1,322	1,335	1,382
Sales YoY Gr.	-	7.2%	-14.5%	24%	89.5%	-16.5%	-4.2%	32.5%	10.5%	1%	-
Adj EPS ⓘ	2.3	2.8	1.1	4.5	8.7	8.8	6	8.2	11.3	13.5	14.1
YoY Gr.	-	23.5%	-60.9%	307.2%	92.9%	0.5%	-32.1%	37.5%	38.5%	19.2%	-
BVPS (₹) ⓘ	18.2	20.1	28.6	37.9	65.4	60.8	71.6	70.9	85.5	98.8	101.1
Adj Net Profit ⓘ	15.7	19.4	7.6	30.8	59.4	59.7	40.6	55.8	77.2	92	96
Cash Flow from Ops. ⓘ	27.4	28	18.7	51.2	52.2	45	80.9	50.6	88	52.6	-
Debt/CF from Ops. ⓘ	1.5	1.2	1.8	0	1	1.5	0.4	1.9	2.9	7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11%	3.4%	13.9%	1%
Adj EPS ⓘ	21.7%	9.1%	31.4%	19.2%
BVPSⓘ	20.7%	8.6%	11.3%	15.6%
Share Price	25.8%	38.7%	58.4%	41.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	13.8	14.9	4.6	13.6	16.9	13.9	9	11.5	14.5	14.6	14.1
Op. Profit Mgn % ⓘ	6.7	6.2	4.9	7.4	8.4	7.3	7.3	7.4	8.1	8.5	8.8
Net Profit Mgn % ⓘ	3	3.5	1.6	5.2	5.3	6.3	4.5	4.7	5.8	6.9	7
Debt to Equity ⓘ	0.3	0.2	0.2	0	0.1	0.2	0.1	0.2	0.4	0.6	-
Working Cap Days ⓘ	87	82	96	106	89	111	104	92	90	93	65
Cash Conv. Cycle ⓘ	2	3	4	3	7	24	23	18	20	25	1

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.10%

Sales growth is growing at healthy rate in last 3 years 13.91%

Net Profit is growing at healthy rate in last 3 years 31.40%

Sales growth is not so good in last 4 quarters at 7.48%

Latest Financials - Lumax Auto Technologies Ltd.

	Standalone	Consolidated
TTM EPS (₹)	14.1	20.5
TTM Sales (₹ Cr.)	1,382	2,946
BVPS (₹.) ⓘ	101.1	122
Reserves (₹ Cr.) ⓘ	676	818
P/BV ⓘ	5.07	4.21
PE ⓘ	36.42	25.02

From the Market
52 Week Low / High (₹)	357.30 / 608.15
All Time Low / High (₹)	3.02 / 608.15
Market Cap (₹ Cr.)	3,496
Equity (₹ Cr.)	13.6
Face Value (₹)	2
Industry PE ⓘ	53.8

Management X-Ray of Lumax Auto Tech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Lumax Auto Tech

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Lumax Auto Tech

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	524	562	481	596	1,129	942	903	1,196	1,322	1,335
Operating Expenses ⓘ	489	527	457	552	1,034	874	837	1,108	1,214	1,221
Manufacturing Costs	38	43	41	49	85	89	80	111	145	124
Material Costs	389	409	340	410	786	645	631	835	886	894
Employee Cost	43	50	52	57	105	96	96	118	135	153
Other Costs ⓘ	19	25	24	37	58	44	30	44	49	49
Operating Profit ⓘ	35	35	24	44	95	68	66	88	107	114
Operating Profit Margin (%)	6.6%	6.2%	4.9%	7.4%	8.4%	7.3%	7.3%	7.4%	8.1%	8.5%
Other Income ⓘ	2	8	4	15	23	37	22	21	34	63
Interest ⓘ	5	4	4	3	5	7	7	7	11	30
Depreciation ⓘ	10	12	13	13	24	27	25	27	31	33
Exceptional Items ⓘ	24	0	-3	-2	0	0	0	-2	-9	0
Profit Before Tax ⓘ	45	27	8	41	90	71	56	74	90	114
Tax ⓘ	13	7	2	11	30	11	14	19	16	21
Profit After Tax	32	20	5	29	60	60	42	55	74	93
PAT Margin (%)	6.1%	3.5%	1.1%	4.9%	5.3%	6.3%	4.7%	4.6%	5.6%	6.9%
Adjusted EPS (₹)	4.7	2.9	0.8	4.3	8.7	8.7	6.2	8.0	10.8	13.6
Dividend Payout Ratio (%)	30%	33%	119%	47%	34%	34%	49%	44%	42%	40%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	124	137	195	258	446	414	488	483	583	674
Share Capital ⓘ	14	14	14	14	14	14	14	14	14	14
Reserves ⓘ	110	123	181	245	432	401	474	470	569	660
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	28	20	21	0	50	65	35	95	257	341
Long Term Debt	26	13	1	0	0	0	0	0	123	100
Short Term Debt	2	6	20	0	50	65	35	95	134	241
Trade Payables	82	107	88	188	189	123	162	177	163	183
Others Liabilities ⓘ	44	42	50	61	77	89	106	132	127	137
Total Liabilities ⓘ	278	305	354	508	763	691	791	888	1,130	1,334
Fixed Assets
Gross Block	154	166	185	216	353	397	417	458	503	515
Accumulated Depreciation	41	50	63	75	148	171	193	221	235	262
Net Fixed Assetsⓘ	113	116	122	140	205	226	223	237	268	254
CWIP ⓘ	0	3	6	3	2	1	5	9	2	3
Investmentsⓘ	28	29	88	131	191	142	219	200	470	685
Inventories	29	31	26	43	33	40	45	63	50	62
Trade Receivables	75	96	88	167	227	165	180	208	199	253
Cash Equivalents	10	9	13	8	38	76	64	86	58	13
Others Assetsⓘ	22	22	11	17	67	41	54	85	83	64
Total Assets ⓘ	278	305	354	508	763	691	791	888	1,130	1,334

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	27	28	19	51	52	45	81	51	88	53
PBT ⓘ	45	27	8	41	90	71	56	74	90	114
Adjustment ⓘ	-9	10	16	7	19	21	18	18	11	10
Changes in Working Capital ⓘ	1	-1	-2	14	-27	-33	20	-21	4	-57
Tax Paid ⓘ	-10	-8	-3	-11	-29	-13	-13	-21	-17	-14
Cash Flow From Investing Activity ⓘ	0	-10	-18	-14	-84	5	-64	-72	-220	-93
Capex	-22	-16	-12	-22	-36	15	-20	-32	-41	-18
Net Investments	22	0	-7	0	-16	-13	-45	-43	3	-19
Others ⓘ	0	6	1	9	-32	3	1	2	-181	-57
Cash Flow From Financing Activityⓘ	-27	-21	4	-42	31	-33	-46	27	130	44
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-13	-12	-13	-13	0	0	0	0	130	2
Interest Paid ⓘ	-5	-4	-4	-3	-3	-7	-7	-7	-10	-30
Dividend Paid ⓘ	-10	-8	0	-6	-14	-40	-7	-20	-24	-31
Others ⓘ	0	4	20	-20	48	15	-32	54	34	102
Net Cash Flow ⓘ	0	-2	5	-4	0	17	-30	5	-2	3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	28.22	15	3.25	12.89	16.92	13.84	9.33	11.29	13.79	14.75
ROCE (%)	31.23	18.74	5.56	17.71	24.94	15.99	12.55	14.61	14.28	15.31
Asset Turnover Ratio	1.97	2.09	1.58	1.41	1.78	1.3	1.24	1.45	1.31	1.08
PAT to CFO Conversion(x)	0.84	1.4	3.8	1.76	0.87	0.75	1.93	0.93	1.19	0.57
Working Capital Days
Receivable Days	54	51	64	76	64	76	68	58	56	62
Inventory Days	17	18	20	21	12	14	17	16	16	15
Payable Days	87	85	105	123	88	88	82	74	70	71

Lumax Auto Technologies Ltd Stock News

Lumax Auto Technologies Ltd FAQs

What is the share price of Lumax Auto Tech?

Company share prices are keep on changing according to the market conditions. The closing price of Lumax Auto Tech on 05-Nov-2024 10:45 is ₹517.7.

What is the market cap of Lumax Auto Tech?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 05-Nov-2024 10:45 the market cap of Lumax Auto Tech stood at ₹3,496.5.

What is the P/E ratio of Lumax Auto Tech?

The latest P/E ratio of Lumax Auto Tech as of 05-Nov-2024 10:45 is 36.42.

What is the P/B ratio of Lumax Auto Tech?

The latest P/B ratio of Lumax Auto Tech as of 05-Nov-2024 10:45 is 5.07.

What is the 52-week high and low of Lumax Auto Tech?

The 52-week high of Lumax Auto Tech is ₹608.1 and the 52-week low is ₹357.3.

What is the TTM revenue of Lumax Auto Tech?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Lumax Auto Tech is ₹1,382 ( Cr.) .

About Lumax Auto Technologies Ltd

Founded in the year 1981, Lumax Auto Technologies (LATL) is a part of the D.K. Jain Group of companies that has carved its strong position in automotive parts like sheet metal parts, fabricated assemblies, tubular parts for two wheeler and three wheeler industry. Under the aegis of Mr. D K Jain, today Lumax Technologies has captured sizable market in its arena with an annual turnover of over Rs. 450 Crores ($ 110 Million) including its subsidiaries.

Lumax Technologies is a publicly traded company in India. The shareholding pattern depicts a holding of 60% by Indian Promoters, and 40% is held by public, comprised of over 15,000 shareholders.

The company is serving its customers from six modern manufacturing plants in India. Of these, Three are located in Pune, Three plants in Aurangabad, and an R&D centre in Pune. All these facilities are strategically located in the Automotive industrial belt in the State of Maharashtra in West of India. Our product line includes Two wheeler chassis, Exhaust systems & Mufflers, Fork & Handle bar assemblies, Petrol tanks, among numerous others.

Its advanced process engineering, manufacturing and testing facilities include :

A well-equipped tool development setup.
Robotic welding lines and SPMs.
Paint shops for internal heat resistance painting, powder coating and external painting.
Excellent capability for maintenance of jigs & fixtures

Lumax Technologies is an ISO certified company - focus on customer satisfaction and quality leadership and are committed to achieve excellence in quality of our products and services. The dynamic management core at Lumax Technologies, through their insightfully crafted growth strategy is very keen on building a powerful bond with a wider client base in India, & would be delighted to serve you in their journey towards excellence.

Product range of the company includes:

Chasis- For motorcycles & scooterette
Exhaust system- For scooter & scooterette
Petrol tanks- For scooter & scooterette
Gear shift lever
Sheet metal & Tubular Welded Parts- For handle bar Assey,Side Stand,Main stand,Footrest Assey,Fork Assey, Number Plate.
Parking Brake

Milestones:

1981 -A Private Limited Company was established in the name of Lumax Auto Electricals Pvt. Ltd. to manufacture and supply Automotive components at Bhosari.
1988 -Second Unit was started at Waluj, Aurangabad for supplying auto parts to Bajaj Auto Ltd. - Aurangabad.
1988 -Name changed from Lumax Auto Electricals Private Limited to Dhanesh Auto Electricals Private Limited.
1993 -R & D centre established at Chinchwad, Pune to cater to the development requirement for the new business.
1995 -Third Unit started at Chakan, Pune for further major diversification for manufacturing of exhaust systems and fuel tanks for two wheelers.
1997 - Fourth Unit started at Waluj, Aurangabad for the production of motorcycle chassis for Bajaj Auto Limited.
1998 - Company became deemed Public Limited and name changed to Dhanesh Auto Electricals Limited.
2000 -Bajaj Auto Limited selected the company as a cluster member for T.P.M. Activities.
2002 - Started Lighting Division at Chakan.
2004 - Received ISO Certificate for Chakan Unit.
2005 - Received ISO Certificate for Bhosari Unit.
2006 -LDK became our 100% subsidiary.Name of the Company was changed to LATL.
2007 - Started PCMA, Bhosari, Pune Plant

Achievements/ recognition: