Lux Industries gets nod to expand manufacturing capacities of Vertical A at Dankuni facility

Lux Industries Ltd. | Textile | Textiles & Apparels | BSE: 539542 | NSE: LUXIND

06 Jul 2026 Evaluate

Lux Industries has secured approval for proposed capacity expansion of manufacturing capacities of Vertical A of is Dankuni facility in West-Bengal. The Board of Directors of the company, at its meeting held on July 4, 2026 has approved the same. The Board has approved a total project cost of Rs 600 crore which includes the land value that has been acquired in last few years and new capital expenditure of around Rs 450 crore towards the capacity expansion at Dankuni facility. The proposed expansion will add around 12 lakh square feet of manufacturing and allied infrastructure, increasing the total built-up footprint of the facility to around 20 lakh square feet and it will have a payback period of around 5 years.

The company has an existing capacity of around 12 crore pieces, operating at a utilization rate of around 80%. The proposed capacity addition will add around 18-20 crore pieces capacity. The expansion is expected to be completed in a phase manner in around 6 years and to be financed through internal accruals and debt. The expansion is aimed at catering the company's future growth plans and address increasing demand.

Upon completion, the expanded facility is expected to become one of Asia's largest garment manufacturing facilities. The project is also expected to generate around 3,000 direct and 6,000 indirect employment opportunities in the State of West Bengal. The proposed capital expenditure will primarily be deployed towards expansion of manufacturing and storage capacities. Upon achieving optimum capacity utilisation, the Vertical A of the company is estimated to generate an incremental annual revenue of Rs 900 crore to Rs 1,000 crore.

Lux Industries is primarily engaged in the manufacturing and sales of knitwears. The company has operations in India and caters to both domestic and international markets.

Lux Industries Share Price

1277.30 53.35 (4.36%)

10-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Welspun Living	166.15
Vardhman Textiles	636.60
Arvind	526.10
K.P.R. Mill	1108.50
Raymond Lifestyle	744.20
View more..

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.