Miss call 9015611166
Best Stock Tip

A1 Intraday tips Android App for Share Traders

Get APP link by sms

Join our Telegram Channel to Get Free Stock Tips for Life Time


Lumax Industries Ltd share price today (on 16 April 2024).

We Provide Best stock tips for Lumax Industries Ltd . A1 Intraday Tips is accurate share tips Provider Company in India in Nse market. A1 Intraday Tips, also provide Daily Charts with Nse Share Market current price of Lumax Industries Ltd with today performance in nse market. Contact Us for Jackpot Stock tips.

Get Free Stock Tips for Lumax Industries Ltd

BSE: 517206 | NSE: LUMAXIND | ISIN: INE162B01018 Market Cap: [Rs.Cr.] 360 | Face Value: [Rs.] 10 Industry: Auto Ancillaries

The company manufactures auto ancillaries such as head lamps, tail lamps, rear view mirrors, filters .Lumax was established in 1949 as a trading concern in Delhi under the name of Globe Auto Industries. It set up a manufacturing facility in DelhiLumax Industries(LIL) is into manufacture of range of auto-lighting equiment including headlamps and auxillary lamp assemblies for 2, 3, 4 wheelers and oil filters and rear view mirrors. LIL roped in Stanley Electric, Japan as a technical collaborator in 1984.
The Japanese Collaborator holds around 20% stake in the company. Lumax Industries established as a trading concern under the name Globe Auto Industries in Delhi on 1949 has got into manurfacturing activity in 1957 by setting upa a plant in Delhi. Now it has four manufacturing units at Delhi, Faridabad, Gurgaon and Pune. The company tapped the capital market in 1984. It has renowned customers for its products -- Telco, Ashok Leyland, Ford, Hindustan Motors, Nissan, DCM Toyota, Bajaj Tempo, Mahindra & Mahindra, Maruti, Premier Automobilies, Hero Honda, Bajaj, etc. Lumax's products are exported to the Gulf, African, South-East Asian and European countries. A number of the company's products have been type-approved by the defence sector.
LIL had set up a new automobile lighting equipment unit at a cost of around Rs. 400 million at Gurgaon, with latest technological advancements. In 1998-99, the company increased the installed capacity of its head lamps and tail lamps/rear combination lamps to 25,00,000 nos and 29,50,000 nos. During 2000-01 the installed capacity of Head Lamps & Filters have increased to 32,50,000 & 6,50,000 respectively. The company decided to spinoff its Mirror and Filter division which produces rearview mirrors and oil-filters into a separate company i.e. Lumax Aircleaners Ltd. The scheme of demerger arrangement is pending approval of the High Court as on Sep 11, 2003. This scheme envisages allotment of 1 equity share of the resultant new company for 4 shares of LIL. This demerger leaves LIL as a pure Auto Lighting company.
According to the Individual - Audited financial statement for the Year of 2012, total net operating revenues increased with 13.68%, from INR 869.83 tens of millions to INR 988.81 tens of millions. Operating result decreased from INR 59.82 tens of millions to INR 49.43 tens of millions which means -17.37% change. The results of the period decreased -28.71% reaching INR 12.81 tens of millions at the end of the period against INR 17.97 tens of millions last year. Return on equity (Net income/Total equity) went from 11.63% to 7.97%, the Return On Asset (Net income / Total Asset) went from 6.54% to 3.93% and the Net Profit Margin (Net Income/Net Sales) went from 2.07% to 1.30% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 89.48% compared to 177.79% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.99 to 0.74 when compared to the previous year.

Lakshmi Precision Screws Ltd Lakshmi Energy & Foods Ltd Lakshmi Finance and Industrial Corporation Ltd Lakshmi Mills Company Ltd
Lakshmi Vilas Bank Ltd Lumax Industries Ltd Lanco Industries Ltd Lakshmi Machine Works Ltd
L G Balakrishnan & Bros Ltd Liberty Shoes Ltd Larsen & Toubro Ltd Lumax Auto Technologies Ltd
LIC Housing Finance Ltd Lloyd Electric & Engineering Ltd Lokesh Machines Ltd Lovable Lingerie Ltd
Lumax Automotive Systems Ltd Lupin Ltd    


Our all intraday stock tips
( Equity cash, Nse fno, jackpot call, sure shot call, btst/stbt call )
Under one plan with Unbelievable lowest price
for free trial Visit


Nse Listed Companies with Live Charts

(Click on an alphabet below to get a list of nse listed companies
with live charts starting with that Alphabet.)