Annual Report Highlights No : 5
#LumaxIndustries FY 2022 Annual Report Highlights
Like & Retweet for better reach!
#LumaxIndustries FY 2022 Annual Report Highlights
Like & Retweet for better reach!
1. Company Overview
1) Lumax Industries Ltd which was founded in 1945 by Mr D.K. Jain is one of the leading
manufacturers and suppliers of automotive lighting, gear shifters and other automotive components in India.
1) Lumax Industries Ltd which was founded in 1945 by Mr D.K. Jain is one of the leading
manufacturers and suppliers of automotive lighting, gear shifters and other automotive components in India.
2. The company has a long-term association with the Japan based Stanley Electric Co.
Limited. The company has also other joint ventures with globally renowned companies from
Germany,Italy,Israel,Japan,Korea and Spain
Limited. The company has also other joint ventures with globally renowned companies from
Germany,Italy,Israel,Japan,Korea and Spain
3. The company offers products in automotive lighting for the Front and Rear,LED
lamps,auxillary lamps,HVAC panels and other electronic components.
4. The company has it’s R&D centres in Gurugram and Pune and design centres in Taiwan
and Czech Republic.
lamps,auxillary lamps,HVAC panels and other electronic components.
4. The company has it’s R&D centres in Gurugram and Pune and design centres in Taiwan
and Czech Republic.
5. It has 11 manufacturing facilities spread across Gujarat,Maharashtra,Karnataka,Tamil
Nadu and Haryana which are located strategically near manufacturing facilities of large
OEMs.
Nadu and Haryana which are located strategically near manufacturing facilities of large
OEMs.
2. Revenue split
3. Management
Mr D.K.Jain who is the founder and Chairman has more than 50 years of experience in the
automotive industry in management,operations and administrative roles.He has held various
Industry positions in the past such as Past ACMA President,Membership of Northern Region
Mr D.K.Jain who is the founder and Chairman has more than 50 years of experience in the
automotive industry in management,operations and administrative roles.He has held various
Industry positions in the past such as Past ACMA President,Membership of Northern Region
4. Challenges faced in the past
1. Lockdowns imposed in 2020 and 2021 due to the two waves of COVID-19
2. High freight charges due to shortage of containers
3. Semi-conductor chip shortage
1. Lockdowns imposed in 2020 and 2021 due to the two waves of COVID-19
2. High freight charges due to shortage of containers
3. Semi-conductor chip shortage
5. Future Growth drivers
1. The Government has rolled out various schemes such as the PLI scheme,FAME-II
Scheme,Battery swappage policy as it plans to increase the contribution of the automobile
sector in India’s GDP from 7.1% to 12% and grow the employment
1. The Government has rolled out various schemes such as the PLI scheme,FAME-II
Scheme,Battery swappage policy as it plans to increase the contribution of the automobile
sector in India’s GDP from 7.1% to 12% and grow the employment
generation from 37 million
to 50 million
2. The Government is also making efforts towards increasing the EV adoption by setting up
an EV financing ecosystem and charging Infrastructure so that the EV market quickly matures
in India
to 50 million
2. The Government is also making efforts towards increasing the EV adoption by setting up
an EV financing ecosystem and charging Infrastructure so that the EV market quickly matures
in India
6. CAPEX
The company has done capex in the following areas:
1. It has done a capex of Rs 41.78 cr for new projects
2. It has done a capex of Rs 35.76 cr at Bawal and Rs 69 cr at Sanand facilities for new
projects
The company has done capex in the following areas:
1. It has done a capex of Rs 41.78 cr for new projects
2. It has done a capex of Rs 35.76 cr at Bawal and Rs 69 cr at Sanand facilities for new
projects
7. Financials
Revenue - ₹1751 Cr (22.79% growth YOY)
EBITDA Margin - 8% (7% in FY21)
CFO - ₹108 Cr (₹76 Cr in FY21)
ROCE - 11% (8% in FY21)
Revenue - ₹1751 Cr (22.79% growth YOY)
EBITDA Margin - 8% (7% in FY21)
CFO - ₹108 Cr (₹76 Cr in FY21)
ROCE - 11% (8% in FY21)
• • •
Missing some Tweet in this thread? You can try to
force a refresh
