LUMAX INDUSTRIES LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2,510 INR | -1.68% |
|
+2.92% | +1.39% |
| Mar. 13 | Lumax Industries Forms Wholly-Owned Subsidiary | MT |
| Mar. 12 | Lumax Gets Board Nod to Set Up New Manufacturing Unit in Sanand, India | MT |
Valuation
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 17,001 | 7,998 | 14,988 | 8,276 | 16,565 | 23,460 | - | - |
| Enterprise Value (EV) 1 | 17,001 | 7,998 | 14,988 | 8,276 | 20,796 | 28,459 | 28,665 | 23,460 |
| P/E ratio | 16.4 x | 11.1 x | 82.6 x | 20.3 x | 16.1 x | 19.9 x | 14.5 x | 12.4 x |
| Yield | 1.37% | 2.75% | 0.44% | 1.52% | 1.52% | 0.8% | 0.8% | 1.39% |
| Capitalization / Revenue | 0.91 x | 0.5 x | 1.05 x | 0.47 x | 0.71 x | 0.89 x | 0.77 x | 0.67 x |
| EV / Revenue | 0.91 x | 0.5 x | 1.05 x | 0.47 x | 0.9 x | 1.08 x | 0.94 x | 0.67 x |
| EV / EBITDA | 11.1 x | 4.84 x | 15.1 x | 6.17 x | 10 x | 11.9 x | 9.36 x | 6.41 x |
| EV / FCF | - | -12.6 x | 105 x | -38.5 x | 122 x | 434 x | 28.7 x | - |
| FCF Yield | - | -7.96% | 0.95% | -2.6% | 0.82% | 0.23% | 3.49% | - |
| Price to Book | - | 1.79 x | 3.26 x | 1.68 x | 2.84 x | 3.5 x | 2.94 x | 2.54 x |
| Nbr of stocks (in thousands) | 9,348 | 9,348 | 9,348 | 9,348 | 9,348 | 9,348 | - | - |
| Reference price 2 | 1,819 | 855.6 | 1,603 | 885.4 | 1,772 | 2,510 | 2,510 | 2,510 |
| Announcement Date | 5/14/19 | 6/18/20 | 6/11/21 | 5/24/22 | 5/27/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 18,630 | 16,016 | 14,260 | 17,513 | 23,195 | 26,330 | 30,372 | 34,855 |
| EBITDA 1 | 1,532 | 1,651 | 992.7 | 1,341 | 2,075 | 2,398 | 3,061 | 3,660 |
| EBIT 1 | - | - | 347.6 | 704.2 | 1,275 | 1,423 | 1,796 | 2,363 |
| Operating Margin | - | - | 2.44% | 4.02% | 5.5% | 5.4% | 5.91% | 6.78% |
| Earnings before Tax (EBT) 1 | 1,251 | 796.4 | 315.2 | 461.5 | 1,074 | 1,199 | 1,538 | 1,923 |
| Net income 1 | 1,038 | 719 | 181.5 | 407.2 | 1,031 | 1,030 | 1,440 | 1,889 |
| Net margin | 5.57% | 4.49% | 1.27% | 2.33% | 4.44% | 3.91% | 4.74% | 5.42% |
| EPS 2 | 111.0 | 76.91 | 19.42 | 43.57 | 110.3 | 126.3 | 172.8 | 202.1 |
| Free Cash Flow 1 | - | -636.7 | 142.8 | -214.9 | 171.1 | 65.5 | 1,000 | - |
| FCF margin | - | -3.98% | 1% | -1.23% | 0.74% | 0.25% | 3.29% | - |
| FCF Conversion (EBITDA) | - | - | 14.38% | - | 8.25% | 2.73% | 32.68% | - |
| FCF Conversion (Net income) | - | - | 78.66% | - | 16.6% | 6.36% | 69.48% | - |
| Dividend per Share 2 | 25.00 | 23.50 | 7.000 | 13.50 | 27.00 | 20.00 | 20.00 | 35.00 |
| Announcement Date | 5/14/19 | 6/18/20 | 6/11/21 | 5/24/22 | 5/27/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Marzo | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,462 | 5,044 | 3,140 | 4,527 | - | 5,494 | - | 5,794 | 6,081 | 6,898 | 6,962 |
| EBITDA 1 | 479.2 | 496.1 | 63.4 | 369.4 | - | 574.4 | - | 556 | 489.1 | 621 | 661 |
| EBIT 1 | - | - | - | - | - | - | - | 357.8 | 277.4 | 379 | 403 |
| Operating Margin | - | - | - | - | - | - | - | 6.17% | 4.56% | 5.49% | 5.79% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | 405.2 | 381.5 | - | - |
| Net income 1 | 198.2 | 227 | -99.05 | 153.3 | 67.78 | 285.2 | 329.7 | 295.4 | 207.5 | 184 | - |
| Net margin | 4.44% | 4.5% | -3.15% | 3.39% | - | 5.19% | - | 5.1% | 3.41% | 2.67% | - |
| EPS 2 | 21.20 | 24.29 | -10.60 | 16.40 | - | 30.51 | - | 31.60 | 22.20 | 31.00 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/11/21 | 6/11/21 | 8/6/21 | 11/12/21 | 2/11/22 | 5/24/22 | 11/11/22 | 2/9/23 | 5/27/23 | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 4,232 | 4,999 | 5,205 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | 2.04 x | 2.085 x | 1.7 x | - |
| Free Cash Flow 1 | - | -637 | 143 | -215 | 171 | 65.5 | 1,001 | - |
| ROE (net income / shareholders' equity) | 19% | 18.1% | 4% | 8.55% | 19.2% | 17.9% | 21% | 22.3% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | 478.0 | 493.0 | 526.0 | 624.0 | 718.0 | 854.0 | 990.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | - | - | - | - | 906 | 2,690 | 1,900 | 1,600 |
| Capex / Sales | - | - | - | - | 3.9% | 10.22% | 6.26% | 4.59% |
| Announcement Date | 5/14/19 | 6/18/20 | 6/11/21 | 5/24/22 | 5/27/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
2,510
INR
Average target price
2,912
INR
Spread / Average Target
+16.04%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +1.39% | 281M | |
| +6.28% | 8.03B | |
| -1.98% | 5.07B | |
| -16.34% | 2.78B | |
| +2.97% | 2.61B | |
| -3.12% | 2.27B | |
| +28.26% | 1.77B | |
| +35.33% | 1.62B | |
| +3.15% | 1.49B | |
| -22.93% | 1.43B |
- Stock Market
- Equities
- LUMAXIND Stock
- Financials Lumax Industries Limited
