Lumax Industries Ltd. — Earnings Release 2025

May 26, 2025

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LIL:CS:PR:2025-26

Date : 26.05.2025

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BSE Limited National Stock Exchange of India Limited
Listing & Compliance Department Listing & Compliance Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G,
Dalal Street, Mumbai - 4001 Bandra Kurla Complex,
Bandra (E), Mumbai - 400051
Security Code : 517206 Company Symbol: LUMAXIND
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Sub: Investor Release of Financial Results for the 4th Quarter and year ended March 31, 2025.

Dear Sir/Ma’am,

We are enclosing herewith the Investor Release being issued by the Company, Lumax Industries Limited for the 4th Quarter and year ended March 31, 2025.

The same shall also be made available on the website of the Company at https://www.lumaxworld.in/lumaxindustries/index.html

This is for your information and records.

Thanking you,

Yours faithfully,

For LUMAX INDUSTRIES LIMITED

RAAJESH Digitally signed by RAAJESH KUMAR KUMAR GUPTA Date: 2025.05.26 GUPTA 22:17:57 +05'30'

RAAJESH KUMAR GUPTA EXECUTIVE DIRECTOR & COMPANY SECRETARY ICSI M. NO. A8709

Encl : As stated above

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Investor Release

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LUMAX INDUSTRIES LIMITED

Q4 & FY25 Consolidated Results

• Revenue for Q4FY25 stood at Rs. 923 crs ; compared to Rs. 743 crs in Q4FY24, up by 24.3% Y-o-Y and revenue for FY25 stood at Rs. 3,400 crs , a jump of 29.0% compared to same period last year

• EBITDA for Q4FY25 stood at Rs. 85 crs; up by 19.6% Y-o-Y, EBITDA margin at 9.2%, EBITDA for FY25 stood at Rs. 289 crs ; up by 19.4% Y-o-Y with margins at 8.5%

• Profit after Tax (PAT) including share of associates for Q4FY25 stood at Rs. 44 crs ; up by 21.9%, PAT Margin at 4.8%, PAT for FY25 stood at Rs.140 crs ; up by 26.0% Y-o-Y with 4.1% margins

Gurugram – 26[th] May 2025 – Lumax Industries Limited, the leader in automotive Lighting and illumination today announced its audited Financial Results for the fourth quarter and full year ended March 31[st] , 2025.

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Particulars (Rs. Crs) Q4FY24 Q4FY25 Y-o-Y FY24 FY25 Y-o-Y
Revenue 742.7 923.4 24.3% 2,636.6 3,400.4 29.0%
EBITDA 71.2 85.2 19.6 241.8 288.6 19.4%
Margin (%) 9.6% 9.2% -40bps 9.2% 8.5% -70bps
PBT ^ 30.0 34.3 14.4% 101.1 103.0 2.0%
Margin (%) 4.0% 3.7% -30bps 3.8% 3.0% -80bps
PAT 36.1 44.0 21.9% 111.0 139.9 26.0%
Margin (%) 4.9% 4.8% -10bps 4.2% 4.1% -10bps
EPS (In Rs.) 38.6 47.0 119.0 149.7
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^Before share of profit/(loss) from associate

Divisional Performance (FY25)

• The share of LED Lighting stands at 58% of total Revenues & Conventional Lighting stands at 42% .

• The Product Mix as a percentage of total revenue stood at 68% for Front Lighting , 23% for Rear Lighting & 9% for Others

• The Segment Mix as a percentage of total revenues stood at 66% for Passenger Vehicles , 28% for two Wheelers & 6% for Commercial Vehicles.

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Investor Release

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The Company has made following new launches during the quarter:

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Customer
Category Model Product
name
2W -
Activa Head lamp
Scooter
2W – Bike HMSI Shine Head lamp
2W-
Activa EV Head lamp
Scooter EV
Head Lamp, Lamp Assy Rear Combination, Lamp Assy Tail and
MSIL E Vitara
Stop
Head Lamp, Lamp Assy Rear Combination, Lamp Assy Tail and
TKML Urban Cruiser
Stop
4W
TIAGO/TIGOR
TML PV Head Lamp
MY24
VECV CV TITAN Head Lamp
M&M SCORPIO Head Lamp, MAP Reading Lamp, Roof Lamp
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Awards:

• The Platinum Award, ranking 41 out of 100, along with the Technical Achievement Award at League of American Communication Professional (LACP 2023/24 Vision Awards Annual Report Competition.

• Special Appreciation Award for Veero and Innovation Award for BE 6 at Mahindra Supplier Meet.

• Bengaluru plant won Champion of Champions Trophy 2024 in the Innovative Productivity Improvement category organised by CII.

• The Inner Part Localisation Award at Maruti Suzuki Vendor Conference 2025.

• Chakan-II plant won the Manufacturing Excellence Award at the 59[th] ACMA Excellence Awards & 10[th] Technology Summit 2025.

• The Best New Model Development Award at the Suzuki Motorcycle India Annual Vendor Conference 2025.

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Investor Release

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Commenting on the performance Mr. Deepak Jain, Chairman & Managing Director, Lumax Industries Limited said,

We have delivered another stellar performance this year, achieving our highest-ever revenues of ₹3,400 crores, reflecting a robust year-on-year growth of 29%. This impressive growth has been driven by an improved product mix, with LED lighting now contributing 58% to our overall revenues. Our order book remains healthy at ₹2,275 crores, with LED lighting comprising 88% of it. This strong pipeline is expected to support margin expansion in the coming quarters. Furthermore, we continue to deepen our engagement with leading OEMs such as Mahindra & Mahindra, Hero MotoCorp, HMSI, and Maruti Suzuki, contributing to a diversified and resilient revenue base.

As the automotive industry undergoes rapid transformation, Lumax Industries is firmly positioned at the cutting edge, delivering innovative lighting solutions that elevate vehicle design and safety. Looking ahead, we see strong momentum building into FY26, supported by robust industry demand, a growing shift towards LED adoption, and our expanding presence across OEMs. We remain committed to sustained value creation, market leadership, and setting new standards in automotive lighting excellence

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Investor Release

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About Lumax Industries Limited:

Lumax Industries Limited, a flagship company of DK Jain Group, is India’s pioneer and most experienced player in the Automotive Lighting Industry. The company has over 4 decades of strong partnership with Stanley Electric Co. Limited, Japan, a world leader in Vehicle Lighting and illumination products. Lumax has eleven ultra-modern manufacturing plants in India, strategically located near manufacturing locations of major OEMs.

Lumax is one of the major suppliers to OEMs including Hero MotoCorp, HMSI, Honda Cars, Mahindra & Mahindra, Maruti Suzuki, MG Motors, Tata Motors, TVS and others.

For more information about the Group and its businesses, please visit www.lumaxworld.in/lumaxindustries

Safe Harbour Statement:

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.

Company	Investor Relations Advisors
Lumax Industries Limited CIN No: L74899DL1981PLC012804 Priyanka Sharma Email id:priyanka.sharma@lumaxmail.com Tel No: +91 98102 66637	Strategic Growth Advisors Pvt Ltd. CIN No: U74140MH2010PTC204285 Shogun Jain / Sagar Shroff Email id:shogun.iain@sgapl.net/sagar.shroff@sgapl.net Tel No: +91 77383 77756 / +91 98205 19303

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