Lumax Auto Technologies Limited (NSE: LUMAXTECH, BSE: 532796) has reported a remarkable 37% year-on-year revenue growth, generating ₹1,156 crore for the second quarter ending September 30, 2025. This growth is attributed to sustained demand from key Original Equipment Manufacturers (OEMs) and the successful scale-up of new programs, particularly in the passenger vehicle and aftermarket segments. The company also recorded consolidated revenue of ₹2,183 crore for the first half of FY26, matching the same 37% year-on-year growth, showcasing a robust operational performance across its divisions.
In terms of profitability, Lumax Auto Technologies achieved an impressive 45% increase in EBITDA, which reached ₹170 crore in Q2FY26, with margins improving to 14.7%. The profit before tax (PBT) surged by 50% year-on-year to ₹104 crore, while profit after tax (PAT) before minority interest rose to ₹78 crore, reflecting a 50% increase. The growth in profitability highlights the company's focus on higher-value products and effective cost management. Additionally, on a standalone basis, revenue from the OEM business increased by 12% in H1 FY26, with the aftermarket segment showing a strong 15% growth.
Management has expressed optimism regarding the company's future, with Managing Director Anmol Jain stating that the results underscore their strategic priorities and the resilience of their diversified business model. Lumax has also recently expanded its technological capabilities by launching the 'SHIFT' Tech Center in Bengaluru, aimed at enhancing its electronics and digital engineering capabilities. With a strong order pipeline and a commitment to innovation, Lumax Auto Technologies is well-positioned to achieve its medium-term growth vision, emphasizing sustainable growth and margin expansion in the rapidly evolving automotive landscape.