LumaxIndustries share price dropped more than 6% on Friday, November 7, even as the company reported a strong performance for the second quarter of FY26. The auto lighting major posted growth in both revenue and profit, supported by improved margins and upcoming expansion plans.
Lumax Industries recorded a notable improvement in its key financial metrics during the quarter ended September 2025.
| Particulars | Q2FY26 (₹ crore) | Q2FY25 (₹ crore) | YoY Change (%) |
| Revenue | 1,008.6 | 811.8 | +23.3 |
| EBITDA | 88.7 | 66.2 | +34.0 |
| EBITDA Margin (%) | 8.8 | 7.4 | +1.4 pp |
| Net Profit | 35.6 | 28.3 | +25.8 |
The company’s revenue crossed the ₹1,000-crore mark, supported by steady demand from its key clients. Improved operational efficiency and cost management also helped lift the EBITDA margin.
Lumax Industries’ board approved two major initiatives to strengthen its energy efficiency and manufacturing capacity.
| Details | Information |
| Investment Amount | Up to ₹1.61 crore |
| Stake Acquired | Up to 26% |
| Partner Company | Power Pulse Trading Solutions Ltd. (Subsidiary of Adani Energy Solutions Ltd.) |
| Purpose | To use renewable energy for Lumax’s plants in Haridwar, Pant Nagar, and Sanand |
This move aligns with Lumax’s sustainability goals, as the renewable energy will be sourced from Adani Energy’s power generation projects.
| Project Details | Information |
| Location | Bengaluru |
| Capex | Around ₹140 crore |
| Funding Source | Internal accruals |
| Clients Served | Maruti Suzuki India Ltd. and Toyota |
| Expected Turnover | ₹450 crore (annualised at peak) |
| Commissioning Timeline | Q4 FY27 |
The upcoming plant is expected to meet the demand for new orders from major automobile manufacturers, supporting Lumax’s long-term growth.
Despite a strong quarter, Lumax Industries share price fell 6.9% after the results announcement to ₹4,507 on Friday.
| Period | Stock Movement |
| 1 Day | -6.9% |
| 6 Months | Nearly doubled in value |
The decline came after a strong rally over the past six months, indicating possible profit booking by investors following the earnings release.
Read more: Tata Motors Passenger Vehicles (TMPV) Date Announced: November 14, 2025.
Lumax Industries delivered a solid Q2FY26 performance with double-digit growth in both profit and revenue. The company’s focus on renewable energy and expansion through a new Bengaluru plant highlights its long-term strategy. However, the short-term stock decline suggests that the market may have already priced in much of this optimism.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Nov 7, 2025, 2:49 PM IST
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