Lumax Auto Technologies Reports Q3 FY26 Results (Press Release) | V3Cars

Lumax Auto Technologies Limited announced their unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported revenue growth along with improved profitability and margin expansion during the period.

Lumax Auto Technologies Reports Q3 FY26 Growth

Here’s what Lumax Auto Technologies have to say about the results:

Lumax Auto Technologies Limited (NSE: LUMAXTECH, BSE: 532796), a leading automotive component manufacturer, announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The Company continued to strengthen its growth trajectory through technology-led expansion, portfolio diversification, and operational excellence.

Financial Performance Table

Particulars (Rs. Crs)

Q3FY26

Q3FY25

Y-o-Y

Q2FY26

Q-o-Q

9M FY26

9M FY25

Y-o-Y

Revenue

1,271

906

40%

1,156

10%

3,453

2,504

38%

EBITDA (incl. other income)

191

127

51%

170

12%

497

350

42%

Margin (%)

15.00%

14.00%

(+)100 BPS

14.70%

(+)30 BPS

14.40%

14.00%

(+)40 BPS

PBT (before exceptional item)

116

74

56%

104

11%

295

201

47%

Margin (%)

9.10%

8.20%

(+)90 BPS

9.00%

(+)10 BPS

8.50%

8.00%

(+)50 BPS

PAT before Minority Interest

108

56

93%

78

39%

240

149

60%

Margin (%)

8.50%

6.20%

(+)230 BPS

6.70%

(+)180 BPS

6.90%

6.00%

(+)90 BPS

EPS

12.1

6.58

84%

9.81

23%

27.99

17.52

60%

Consolidated revenue from operations rose 40% YoY in Q3FY26 to ₹1,271 crore and 38% YoY in 9MFY26 to ₹3,453 crore, reflecting consistent scale-up across core product lines, steady traction with OEMs, and strong momentum in the aftermarket portfolio. EBITDA stood at ₹191 crore with a margin of 15% in Q3FY26, representing a 100 basis point increase over Q3FY25. For 9MFY26, EBITDA was ₹497 crore with a margin of 14.4%, an increase of 40 basis points over the previous year. The improvement was driven by operating efficiencies, better absorption of fixed costs, and a favorable mix of higher-value products. PAT (before minority interest) grew 93% YoY in Q3FY26 to ₹108 crore and 60% YoY in 9MFY26 to ₹240 crore, underscoring the Company’s focus on execution discipline and improved asset utilization.

On a standalone basis, OEM revenues increased 20% YoY in Q3FY26 and 15% in 9MFY26, supported by strong two-wheeler industry growth. The aftermarket segment maintained strong momentum with 15% YoY growth in 9MFY26, reflecting healthy customer traction and product acceptance. Subsidiaries excluding Greenfuel grew 39% YoY, led by IAC India and Mechatronics entities. Including Greenfuel, growth stood at 56% in 9MFY26.

Commenting on the performance, Anmol Jain, Managing Director, Lumax Auto Technologies Limited, said,

 

“Q3 FY26 represented a quarter of consistent execution for Lumax Auto Technologies, with growth delivered across core businesses and steady progress on our strategic priorities. Revenue momentum during the quarter was supported by strong performance across key OEM programs, continued expansion of the aftermarket business, and improving scale across our subsidiaries. Profitability improved sequentially, reflecting the benefits of operating leverage, a progressively improving product mix, and sustained focus on cost discipline across operations. These improvements highlight the strength of our execution framework and our emphasis on building structurally stronger margins. During the quarter, we continued to advance our long-term growth agenda through capacity expansion initiatives, technology capability enhancement, and integration efforts aligned with future mobility trends. With a healthy order pipeline, a resilient balance sheet, and a clear execution roadmap, we remain firmly committed to our FY31 Vision.”

As part of simplifying its corporate structure, the merger of Greenfuel Energy Solutions Private Limited with Lumax Resources Private Limited has been approved by the Hon’ble NCLT, Chandigarh, and became effective from February 3, 2026. The merger of IAC India with Lumax Auto Tech is also progressing, with the first motion already completed. These steps reflect the Company’s focused effort to streamline its corporate structure, enhance capital efficiency, and strengthen alignment with future-ready mobility platforms.

Segment-wise Revenue Mix

Particulars

9MFY26

9MFY25

Passenger Vehicles

53%

50%

2/3 Wheelers

24%

25%

Aftermarket

10%

12%

Commercial Vehicles

9%

8%

Others

4%

5%


Product Segment Mix

Particulars

9MFY26

9MFY25

Advance Plastics

52%

57%

Structures & Control Systems

17%

20%

Aftermarket

10%

12%

Mechatronics

6%

3%

Alternate fuels

8%

1%

Others

7%

7%


New Launches Made During the Quarter

Category

Customer Name

Model

Product

PV

MSIL

Celerio

Tubes & Fittings (CNG)

PV

MSIL

Victoris

Interior Parts

PV

M&M

XUV 7XO

Interior Parts

PV

M&M

XEV 9e

Interior Parts

PV

TATA

Sierra

Emission Parts

2W

TVS

Export Models

Plastic parts

2W

Bajaj

Triumph

Frames

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ABOUT THE AUTHOR

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Jackson is drawn to SUVs with presence—big, bold, and impossible to ignore. From the Mahindra Thar to the Range Rover, he admires vehicles that speak strength and power, even if he’d rather avoid the chaos of driving.

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