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Lumax Auto Technologies Ltd. Investor Presentation 2021
62451_rns_2021-08-11_c1046764-50cb-4773-9296-a6ec7f12e5ca.pdf
Investor Presentation
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LATL:CS:IP:2021-22 Date: 11.08.2021
| BSE Limited | The National Stock Exchange of India Limited |
|---|---|
| Listing & Compliance Department | Listing & Compliance Department |
| Phiroze Jeejeebhoy Towers, | Exchange Plaza, C-1 Block G, |
| Dalal Street, Mumbai - 400001 | Bandra Kurla Complex, |
| Bandra (E), Mumbai - 400051 | |
| Security Code: 532796 | Symbol: LUMAXTECH |
Subject: Investor Presentation for the pt Quarter ended on 30th June, 2021
Dear Sir/ Ma'am,
Please find enclosed herewith the Investor Presentation of the Company for the ist Quarter ended on 30th June, 2021.
The same shall also be made available on the website of the Company www.lumaxworld.in/lumaxautotech.
This is for your information and records.
Thanking you,
Yours faithfully,
For LU MAX AUTO TECHNOLOGIES LIMITED
ANIL TYAGI COMPANY SECRETARY M. NO. A 16825
Encl: As Stated above
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Lumax Auto Technologies limited Plot No. -878, Udyog Vihar Phase-V, Gurugram -122016
Haryana, lndla
T +91124 4760000 E [email protected]
Lumax Au_to Technologles Limited - REGO. OFACE : 2,... Floor, Harbans Bhawan-U, Commercial Complex, Nangal Raya, New Delhi - 110046, T -+91114985 7832, E • [email protected]
Lumax AutoTechnologies Limited
Investor Presentation– Q1 FY2022
SafeHarbor
This presentation and the accompanying slides (the "Presentation"), which have been prepared by Lumax Auto Technologies Limited (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward‐looking statements. Such forward‐looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world‐wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward‐looking information contained in this Presentation. Any forward‐looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.
75 Glorious Years of Lumax DKJain Group
Seven
Decade Strong Leader in Automotive Lighting & GearShifters
15 Entities in8 States 33
Manufacturing Facilities
4 R&DCentres (India)
&1 Design Centre (Taiwan) Over9,000 Employees
TwoListed Entities
53%
Lumax Auto Technologies Limited Products & ServicesIntegrated Plastic modules, 2‐wheeler Chassis & Lighting, Gear Shifters, Transmission Products, Emission Systems, Seat Frames, Aftermarket, Telematics Products and Services, Oxygen Sensors, On‐board Antennas• Cornaglia SPA ‐ Italy • Mannoh Industrial Co. Limited – Japan • Ituran – Israel • FAE – Spain • JOPP – Germany • YOKOWO – Japan • Alps Alpine ‐ Japan Partnerships Group Revenue Break Up (%) FY21 Revenue of Rs. 2,700 Cr 41%6%Lumax Industries LimitedLumax Auto Technologies Limited Other EntitiesLumax Industries LimitedProducts & ServicesEnd‐to‐end Automotive Lighting Solutions HVAC Panels and other electronic components Partnerships • Stanley – Japan •SL Corporation ‐ Korea
Purpose, Vision & Values
DiversifiedProduct Range – 4‐wheelers & CV
Destination Boards & Urea Tanks for Commercial Vehicle Aftermarket products
DiversifiedProduct Range – 2‐wheelers
DiversifiedProduct Range – Commercial Vehicles
DiversifiedProduct Range – Farm Equipment Sector (FES)
Fostering Partnerships to Deliver Excellence
33 Locations close toCustomers
| State | fgMLoiontcas | # |
|---|---|---|
| Haryana | lBawa | 1 |
| haheDrura | 1 | |
| Gurugram | 3 | |
| Manesar | 4 | |
| hahMtraaras | Pune | 9 |
| lujWa | 3 | |
| kaKatarna | lurBengau | 2 |
| Gujtara | dSanan | 1 |
| hsMeana | 1 | |
| lduTaiNam | buduSriperumr | 1 |
| dhrAnadehPras | Antpanur | 1 |
| khadUttaran | dwHairar | 1 |
| Patnnagar | 4 | |
| imhalHacdehPras | lebKaAm | 1 |
| lTota | 33 | |
33 Plants in8 States
Lumax Industries Limited & Lumax Auto Technologies Limited, along with its subsidiaries, JVs & Associates
Understandthe Customer
A real understanding of varying customer needs & the capability to deliver outstanding results
EnvironmentalConscious
Environment‐conscious work practices
&
&
in
Government approved 3 R&D
Taiwan
Research
facilities
Centre
Experienced Team
Highly Qualified & Experienced workforce of dedicatedprofessionals
Technology Leadership
- Partnerships with global players provides competitive edge
- Avant‐grade technology at par with the bestplayers worldwide
GlobalFootprints
Development
1 Overseas Design
Global footprint through exports
FasterTurnaround
Lightning‐fast turnaround time & impressive speed to market
Relationships with Diversified Customers
The BrandNames mentioned are the property of their respective owners and are used here for identification purposes only
Relationships with Diversified Customers
…Strong After Market Exports Presence
Lumax AutoTechnologies Limited
Driving Growth through Diversified Products
Certificationsacross India withGlobal Players
Milestones
1981: Lumax Auto Electricals was established to manufacture 2‐wheeler Lighting at Bhosari, Maharashtra
1988: Name of the company was changed to Dhanesh Auto ElectricalsPvt Limited
1997: A Unit was setup in Waluj, Maharashtra to manufactureChassis
2000: The company was selected as cluster member for TPM activities by Bajaj Auto
2002: Setup the Plant at Chakan, Maharashtra to manufacture 2‐wheeler Lighting
1981‐2005
2006: Lumax DK Auto Industries Limited became a 100%subsidiary. Name of the company was changed to Lumax AutoTechnologies Limited
2007: Setup Seat frame manufacturing plant in PCNTDA, Bhosari, Maharashtra.
JV company with Cornaglia, Italy started as Lumax Cornaglia Auto Technologies Pvt Limited.
Lumax Auto Technologies Limited listed on Stock exchange 2009:
2006‐2008
Industrial Company, Japan for manufacturing of Gear Shift Lever
2010: Setup a unit at Kala‐ Amb, HP to manufacture diversified auto components for After Market
2011: Setup state‐of‐the art Surface Mounted Technology unit in Manesar, Haryana
2012: Setup the first Robotic Motorcycle Chassis plant in Waluj, Maharashtra. Pantnagar plant received TPM excellence award from JIPM
2014: JV company with Mannoh Industrial Company, Japan started as Lumax Mannoh Allied Technologies Limited
2015: Setup another Robotic Motorcycle Chassis plant in Waluj, Maharashtra
Formed JV with Sipal, Italy for Aerospace & Defence Engineering services
Milestones
2016: Pantnagar plant received TPM consistency award from JIPM
2017: Chakan plant received TPMexcellence award from JIPM
Formed a JV with Ituran Location and Control Limited, Israel to provide Telematics Products and Services
Formed a JV with FAE, Spain to manufactureOxygen Sensors
Set up Assembly facility in Mehsana, Gujarat under LMAT
2018: Setup an R&D center under Lumax Cornaglia Auto Technologies Pvt Limited at Pune
2016‐2018
2019: Inauguration of Chassis facility at Aurangabad
JV with JOPP, Germany to manufacture and supply transmission products to the Indianautomotive industry
Subsidiary entity Lumax DK Auto Industries Limited merged with theStandalone entity
Bengaluru plant received TPM consistency award from JIPM
2020: Bengaluru plant has been awarded JIPM‐TPM Excellence award
JV with Yokowo, Japan to manufacture and supply Antennas and other vehicle communication products
Start of Commercial Production inPantnagar, Uttarakhand under LCAT Start of Commercial Production by Lumax FAE
Lumax Gill Austem Technologies Pvt Ltd. name changed to Lumax Mettalics Pvt. Ltd. and becomes100% subsidiary of LATL.
with Alps Alpine to manufacture and sell electric devices and components including software related to theautomotive industry
2021
Fostering Partnerships to Deliver Excellence
| lItay | Japan | Sipan | lIsrae |
|---|---|---|---|
| foJVEmissioSyternsms | fohfJVGeSiterarrs | foJVOxSerygennsors | foleicsduJVTePrttsrmaocdSeiceanrvs |
| lahReionipSinc2007tse | lahReionipSinc2008tse | 2017 | 2017 |
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| Germany | Japan | Japan |
|---|---|---|
| fohfJVGeSiTotrarers,w&AMTKiAGSts | fohehle&icJVAnVetetrnnasorduCoicaioPrttsmmunnoc | fofadJVturmancreanulyflecdedicicetrsuppoevsan |
| 2019 | 2020 | tscomponen2021 |
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Cater toDiversified Segments
After Market Presence inall Segments Key Customer Relationships
The BrandNames mentioned are the property of their respective owners and are used here for identification purposes only
Strategic Locations Close to Customers
17 Plants in5 States
Map not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness
Shareholding breakup
Clear focus onImproving Performance
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| 3 | khiiSii&CEIPDMEttttmssonysemsncreaseresencenomescarenanceusomer–hOtureac |
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Experienced Promoters
Mr. Dhanesh Kumar Jain Chairman
- He is 78 years of age & holds a MBA degree from Delhi university & has successfully completed President Management Program from Harvard Business School
- Over 50 years of experience in the automotive industry in management, operations & administrative roles
- He has held various industry positions
- Past president of ACMA, president suppliers association – Toyota Kirloskar Motors, Chairman of Trade Fairs Committee ACMA, Co‐chairman of Regional Committee on Membership of Northern Region CII, Past Chairman of CSR sub‐committee of the NorthernRegion of CII
Mr. Anmol JainManaging Director
- He is 42 years of age & holds Bachelors in Business Administration in Finance &Supply Chain Management (Double major) from Michigan State University, U.S.A.
- He worked as a Management Trainee with GHSP, U.S.A. & subsequently, joined Lumax Group, in 2000 & has over 20 years of experience
- He has held various positions in Industry associations like He was the National Coordinator of ACMA‐ YBLFfrom 2014‐16. He was also theChairman CII Haryana State Council in 2012‐13
- He is currently the President of Honda Cars India Supplier's Club & MC member of Bajaj Auto Vendor Association
Mr. Deepak Jain Director
- He is 46 years of age & is a Business Graduate from Illinois Institute of Technology, USA with specialization in Operations Management & International Business
- He has undergone extensive training at Stanley Co. Limited, U.S.A. & Stanley Electric Co. Limited, Japan. He has over 25 years experience
- He was chairman of ACMA's HR/IR & Skill Development Committee, past chairman of Sustainable Technology Development Committee of ACMA, past National Coordinator of Young Business Leader Forum of ACMA and past president of Supplier's club, Honda Cars India Limited. He is also Chairman ‐ CII Northern Region ‐ Regional Committee on Advanced Manufacturing
- He is member of Young President's organization and Entrepreneurs organization. He also holds the position of President of ACMA & Vice President ofToyota Kirloskar Supplier's Association
Supported by Strong Independent Directors
Mr.Roop Salotra
- He is 71 years of age & is a Mechanical Engineer, followed by variousManagement
- He retired from SRF Group, after spending 24 years, as CEO & President, is now an advisor to the Managing Director of SRF Limited. He has been actively involved in CII – Climate Change & Environment councils. He is former Chairman of Indian Chemical Council‐NorthernRegion
Mr.Milap Jain
years of age & holds B.A. (Pol.Sc. Hons.)
Revenshaw College, Cuttack
of
is 70
from
- Development programs He
- He is a retiredIndian Revenue Service Officer with 38 years of service. He retiredas Chief CommissionerDelhi, Income Tax Department, Govt. of India. Currently he is a Director of MahavirInternational, a
NGO
Ms.Diviya Chanana
- She is 51 years of age and she is a Graduate & holds Diploma in Travel and Tourism. She has over 15 years of rich experience in the said field
- She is Executive Director of DamusTravels PrivateLimited. TheCompany is engaged in supporting and auxiliary transport activities; activities oftravel agencies
Mr. ArunMalhotra Mr.
- He is 63 years of age & holds B.E Mechanical & MBA fromIIM, Kolkata
- He is an Indian automotive sector veteran, his last assignment was as the Managing Director of Nissan India and thereafter as Senior Corporate Advisor at NissanIndia
- He has over 30 years of experience with organization like Escorts, Bajaj Auto Ltd, and Maruti Suzuki IndiaLtd
AP Gandhi
- •He is 83 years old & is a mechanicalengineer
- •He has held top leadership positions in prestigious organisations having over 40 years of experience
- •His last assignment was as President at Hyundai Motors India Limited. Prior to that he was Chief Executive –R&D at Escorts Limited & at Telco before that, holding various senior positions in the area of manufacturing operations
Professional &Experienced Team
Mr. Sanjay Mehta Director & Group CFO Age: 53 years Experience: 29 Years
Mr. Vikas MarwahChief Executive Officer Age: 54 years Experience: 30 Years
Mr. Naval KhannaCorporate Head – Taxation Age: 63 years Experience: 43 years
Mr. Raajesh Gupta Group Company Secretary Age: 51 Years Experience: 28 Years
Mr. Atul JainCorporate Head ‐ Materials Age: 52 years Experience: 29 Years
Mr. Lalitendu Samanta Corporate Head – HR, IR & CSR Age: 54 Years Experience: 30+ Years
Ms. Priyanka Sharma Corporate CommunicationAge: 52 years Experience: 26 Years
Mr. Ashish Dubey Chief Financial OfficerAge: 53 years Experience: 29 Years
Professional &Experienced Team
Mr. Rajesh Dubbewar Head Metallic Age: 53 years Experience: 30+ years
Mr. Sanjay Bhagat Head After Market Age: 54 years Experience: 29 years
Mr Ashish Popli Head Mechatronics Age: 43 years Experience: 21 years
Mr Anil Tyagi Company Secretary Age: 49 years Experience: 22 years
Financial Performance
33
Segmental Revenue Break‐Up Q1FY22: Category
Category FY21 (Rs. 1,108 Crores) Category Q1FY22 (Rs. 260 Crores)
Strong historical financial performance
Consolidated
*
^EBITDAincludes share of profits from JV's & other income
Rs.Crores FY21EBITDA: Excluding gain on sale of property – Rs. 2.22 crores excluded from Other Income
Expansion funded through Internal Accruals
Consolidated
ReturnRatios
Dividend(% of Face Value) EPS^ (in Rs.)
ROCE =EBIT / Capital Employed
Capital Employed = Networth + Long Term Debt including Current Maturity
^ EPS on FVof Rs. 2 per share
Consolidated
38Networth =Shareholder's Equity – OCI Reserve
ConsolidatedP&L Statement
| la()icuinCrPaRstrrsores | Q221FY | Q21FY1 | Y‐Yo‐ | Q24FY1 | Q‐Qo‐ | 2FY1 |
|---|---|---|---|---|---|---|
| Revenue | 260.5 | 1.07 | 26%7 | 388.0 | ‐33% | 1,1097. |
| lRaMiaCoiotetarnsumpnw | 176.0 | 48.0 | 264.1 | 750.7 | ||
| loyEmExpeepenses | 36.9 | 22.5 | 40.3 | 132.4 | ||
| heOExtrpenses | 31.4 | 13.0 | 40.8 | 126.8 | ||
| heOIntrcome | 2.8 | 4.0 | 4.0 | *18.2 | ||
| ffiPrJVtoo | ‐03 | 0.04 | ‐01 | ‐01 | ||
| IAEBTD | 18.6 | ‐84 | 321% | 46.6 | ‐60% | 116.1 |
| EBITDA% | 7.2% | ‐11.9% | 12.0% | 10.5% | ||
| Deiaiotprecn | 8.5 | 7.8 | 9.2 | 34.2 | ||
| FinCotances | 2.3 | 3.2 | 2.0 | 9.8 | ||
| ffofoiiolPrBeTaBeExIttteorexrecpenams | 87. | 9.‐15 | 0%14 | 35.5 | 8%‐7 | 2.71 |
| /l()ioIGainLoExttecepnamss | 0.0 | 0.0 | ‐06 | ‐06 | ||
| fifoPrBeTatorex | 7.8 | ‐19.5 | 140% | 34.8 | ‐78% | 71.5 |
| Tax | 2.9 | ‐46 | 9.9 | 20.3 | ||
| ff(fo)iiniPrATaBeMInttetytetorxreorres | 4.9 | ‐14.8 | %133 | 24.9 | %‐80 | 51.2 |
| iniMIntytetorres | 1.5 | ‐25 | 3.9 | 04. | ||
| ffiAPrTatteorx | 3.4 | ‐12.3 | 128% | 21.0 | ‐84% | 417. |
| inPATMarg | 1.3% | ‐17.3% | 5.4% | 4.3% | ||
| EPS | 0.50 | ‐181 | 3.08 | 6.91 |
*FY21 EBITDAincludes gain on sale of property – Rs. 2.22 crores (part of Other income)
ConsolidatedBalance Sheet
| (in)ASSETSRsCrores | M‐21ar | M‐20ar |
|---|---|---|
| Nottsn‐currenasse | ||
| landipPrtyt atoperpneqmenu, | 331.54 | 307.42 |
| l wk‐Caiin‐taporprogress | 9.33 | 20.74 |
| InvPrtmttyesenoper | 17.59 | 18.16 |
| hRigt‐tot‐useasse | 28.10 | 27.34 |
| dwllGoio | 0.17 | 0.17 |
| hebleOiInttatsrngasse | 3.33 | 91.5 |
| lylledInvinJoinEniiestmtttrottesencon | 1.02 | 0.75 |
| lFinaiatsncasse | ||
| Invtmtsesen | 89.04 | 0.514 |
| Loans | 6.23 | 5.81 |
| heOtrs | ‐ | 1.50 |
| IncTaAstsomesex | 0.46 | 3.22 |
| heOtt atsnron‐currensse | 15.67 | 16.60 |
| fed()DeTaAststrrexsene | 0.09 | 1.00 |
| heldfoleAsSatsser | 0.00 | 0.00 |
| b‐l ‐SuNoCuAstotattsn‐rrense | 502.93 | 454.80 |
| Cuttsrrenasse | ||
| iesInvtoenr | 83.59 | 64.43 |
| lFinaiatsncasse | ||
| Loans | 0.60 | 0.81 |
| Invtmtsesen | 40.35 | 11.31 |
| deblesTrivaarece | 222.98 | 192.77 |
| Cahdhivalentssancasequ | 6.661 | 36.96 |
| kbalanhehahBaCattnces orns | 81.30 | 66.66 |
| helOFinaiaAsttsrncse | 12.68 | 1.95 |
| heOtt atscrurrensse | 28.57 | 27.94 |
| heldfoleAsSatsser | ‐ | 3.66 |
| b‐l ‐SuCuAstotattsrrense | 486.73 | 406.49 |
| TOTAL ‐ASSETS | 989.66 | 861.29 |
| &EQUITYLIABILITIES | M‐21ar | M‐20ar |
|---|---|---|
| Eqityu | ||
| ihailEqStytarecapu | 13.63 | 13.63 |
| llNoCoingIntrotetnnres | 40.37 | 42.14 |
| heOittyerqu | 517.09 | 432.53 |
| b‐l ‐haholde'fudsSuStotarersn | 571.09 | 488.30 |
| SLIABILITIE | ||
| liabiliiesNottn‐curren | ||
| llblFinaiaiaiiiestnc | ||
| Boingrrows | 5.52 | 16.76 |
| Prisioovns | 6.31 | 5.46 |
| OheiabiliiesNoCuLtttrnrren | 8.681 | 231.5 |
| fedlbl()Deiaiiiestattrrexne | 14.06 | 13.72 |
| b‐l ‐lblSuNoiaiiiestotattn‐curren | 44.57 | 57.30 |
| liabiliiesCuttrren | ||
| llblFinaiaiaiiiestnc | ||
| ingBorrosw | 6.844 | 271.5 |
| deblesTrapaya | 204.79 | 157.39 |
| hefllblOinaiaiaiiiesttrnc | 52.57 | 39.16 |
| Prisioovns | 15.44 | 11.88 |
| helblOiaiiiestttcrurren | 51.69 | 35.74 |
| Culiabiliiesttatrrenx | 2.67 | 0.00 |
| b‐l ‐liabiliiesSuCutotattrren | 374.00 | 315.70 |
| OQSTTAL ‐EUITYANDLIABILITIE | 989.66 | 861.29 |
| Team | Team Member | Award |
|---|---|---|
| Yogesh Gorde | ||
| Rohit Wani | ||
| Shivam Pol | ||
| Venus | Amit Gore | Gold Award |
| Pritam Pandev | ||
| Rajendra Tagad | ||
| Amit Kamble |
Aurangabad plant won the Gold Award in the category of Quality Circle at the 54th Mini Convention 2021 organised by QCFI in July 2021.
Chinchwad plant won the Gold Award in the category of Quality Circle at the 54th Mini Convention 2021 organised by QCFI in July 2021.
Aurangabad plant bagged the 2nd Position under Productivity Category at the 16th Quality Circle Competition (Virtual) organised by ACMA Western Region in July 2021.
Aurangabad plant won the Silver Recognition Award in the category ‐ Manufacturing Sector Tier I ‐ Productivity Improvement for the Project ‐ Output / Man improvement in Swing Arm pipe through low cost automation at the 5th CII National Competition on Low Cost Automation held in February 2021.
Lumax Mettalics Private Limited, Pune won the Gold Award in the category Excellence in HSE – Small at the ACMA Excellence Awards 2020 inFebruary 2021.
Bengaluru plant won JIPM‐TPM award for excellence in Category A for the year 2019
Toyota Kirloskar Motor Pvt Ltd. recognised the efforts and commitment of Lumax Mannoh AlliedTechnologies Limited towards providing timely and quality delivery to Toyota in 2020.
Pantnagar plant won the Silver Award in Excellence in HSE (Health, Safety and Environment) ‐ Very Large Category at ACMA Technology Summit & Awards in November, 2019.
Lumax Mannoh Allied Technologies Limited, Manesar won the Bronze Award in Excellence in HRat the ACMA Technology Summit & Awards in November, 2019.
Lumax Mannoh Allied Technologies Limited, Manesar bagged Silver Award at ICQCC 2019 held at Tokyo, Japan in September, 2019. A total of 368 teams from 13 countries participated in the global Quality Control Circles competition.
Lumax Mannoh Allied Technologies Limited awarded for Improvement in Quality Performance by Maruti Suzuki India Limited in May, 2019
Lumax Cornaglia Auto Technologies Pvt. Ltd. was awarded the Silver Award in Manufacturing Excellence (Medium Category) and Lumax Auto Technologies Limited , Pantnagar was awarded the Silver Award in Manufacturing Excellence (Large Category) by ACMA in 2019 45
Lumax Mettalics Pvt Ltd won the Gold Award inExcellence in HSE (Health, Safety & Environment) ‐ Small Category at the ACMA Technology Summit & Awards in November, 2019.
Chakan Plant, Received JIPM Award for TPM Excellence, Category B on 23rd March 2017
Won the prestigious Gold award for Top 100 best annual report from League of American Communications Professionals (LACP) for excellence within its industry for the financial year 2018‐19
Won the prestigious Platinum award for best annual report from League of American CommunicationsProfessionals (LACP) for excellence within its industry for the financial year 2019‐20
Lumax Mannoh Allied Technologies Ltd. received first ever Patent registration from the Government of India for invention in "Shift KnobAssembly" in January 21
State‐of‐the‐ArtManufacturing Facilities
State‐of‐the‐ArtManufacturing Facilities
CSRInitiatives
HealthTowards its endeavour to give back to society, the group has taken various initiatives towards Education of theunderprivileged. Four schools in the NCR region, close to its facilities have been adopted, starting with improving its infrastructure, to facilitating the annual fee so as to ensure a conducive environment for learning and continuity in education.
Also provide support towards maintaining good health of the community around its facilities
Education
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