What we do Lumax Auto Technologies is an Indian automotive parts manufacturer specializing in metal parts, assemblies, lighting, and components for two-wheelers, three-wheelers, and passenger vehicles. |
Founded in 1,981 |
Market share Market leader in two-wheeler chassis, lighting, and exhaust systems with strong OEM partnerships including Bajaj, M&M, Maruti Suzuki, and Tata Motors. |
Problem solved Provides reliable, high-quality automotive components catering to OEM needs with focus on innovation in electrification and future mobility technologies. |
Top clients or who we serve Serves leading automotive OEMs and aftermarket sectors including Bajaj Auto, M&M, Maruti Suzuki, Tata Motors; B2B focused. |
Key management - |
Our journey and innovations Established 1981 with multiple expansions, strategic JVs with global leaders like Cornaglia Italy, Mannoh Japan. Pioneer in TPM, R&D and advanced automotive components. |
Where we operate Operates India-wide with 30 plants in 7 states, R&D centers in Pune and Manesar, satellite offices in Japan and China. |
Top products or what we offer Manufactures two-wheeler chassis, exhaust systems, headlights, tubular parts, mechatronics, telematics, alternate fuel systems, and automotive plastics. |
Top brands Lumax Mannoh (gear shifters), Lumax Cornaglia (air intake systems), Lumax FAE (oxygen sensors), Lumax Jopp (shift towers), Lumax Yokowo (antenna systems). |
Raw materials needed Steel, aluminum, plastics, electronic components, and specialty alloys for automotive parts. |
Raw materials supplier Sourced from leading domestic and international suppliers aligned with automotive standards. |
Recurring vs cyclical contribution Majority revenue is recurring through long-term OEM supply contracts with growth from aftermarket and new mobility segments. |
Our industry position Leading Indian automotive component supplier with expanding footprint in passenger vehicles and electric vehicle segments. |
Financial highlights FY24 consolidated revenue Rs 2821 Cr, profit after tax Rs 167 Cr (higher growth respectively 53% and 50% YoY), EBITDA margin ~14%. |
Geographical revenue split Primarily Indian market with export orders via JV partners; growing international client base through alliances. |
Order book Strong order pipeline exceeding Rs 1,450 Cr focused on advanced plastics, mechatronics and alternate fuels for FY27-29. |
Whats driving growth Growth fueled by new product launches, EV and clean mobility focus, localization, JVs, and increasing OEM content per vehicle. |
Our future plans Expansion into software-defined vehicles, body control modules, increased localization, and green mobility products by FY31. |
Our green promise Commitment to carbon neutrality, renewable energy use, waste reduction, and community sustainability initiatives. |
Our people and values Over 5000 employees with focus on diversity, continuous learning, employee engagement, and safety culture. |
Key challenges ahead Supply chain volatility, raw material cost fluctuations, rapid technology shifts in EV and digital sectors. |
Interesting facts First Indian auto-component maker with multiple global JVs and advanced robotics in manufacturing; award-winning quality and innovation. |
Risks and strategy Risk mitigation via diversification, technology adoption, compliance, strong governance and customer-centered innovation. |
