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Lumax Automotive Systems Ltd Stock Analysis

Small Cap
Evaluated by 246 users | BSE: 532537 | NSE: LUMAXAUTO |
Auto Ancillary
Lumax Automotive Systems was found in 1945. For more than six decades, Lumax has focused on value creation for automotive industry and market. They have given the exceptional designs, quality and innovative products. Business area of the companyThe company’s principal activity is to...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15
Return on Capital Employed 9.68%6.67%5.02%5.2%1.66%7.67%8.54%9.81%0.19%-11.6%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 89.596.610010010011111211278.668.5
Y-o-Y Gr. Rt.-7.8%3.9%-0.2%0.4%10.9%0.5%-0.1%-29.8%-12.8%
Adjusted EPS (Rs.) 4.033.221.81.15-4.322.142.183.17-8.62-20.77
Y-o-Y Gr. Rt.--20.1%-44.1%-36.1%-475.7%NA1.9%45.4%-371.9%NA
Book Value per Share (Rs.) 18.3119.8620.9720.8915.6517.8846.5947.2539.2417.45
Adjusted Net Profit 32.41.30.9-3.21.61.62.3-6.4-15.4
Net Op. Cash Flow (Rs. Cr.) 8.32.611.310.93.15.75.612.612.87.5
Debt to Cash Flow from Ops 2.7313.033.424.1217.399.249.754.123.696.51
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Lumax Automotive Systems Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -2.9%-7.4%-15.1%-12.8%
Adjusted EPS -220%NA-312%NA
Book Value per Share -0.52.2-27.9-55.5
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15
Return on Equity (%) 11.256.313.412.11-8.24.214.446.66-19.64-73.28
Operating Profit Margin (%) 11.34109.4510.268.912.6512.2714.277.59-1.41
Net Profit Margin (%) 3.342.471.330.85-3.181.421.442.1-8.12-22.45
Debt to Equity 1.662.272.52.914.693.941.581.481.633.78
Working Capital Days 117137152158182188207214301324
Cash Conversion Cycle -381827505364739790
Entity Percentage Holding
Promoters 70.72%
Institutions 0.02%
Non-Institutions 29.26%
Pledged *16.8016.8016.8046.8046.8046.9346.9746.9846.9747.87
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Data is not available for this company.

Data is not available for this company

Lumax Automotive Systems was found in 1945. For more than six decades, Lumax has focused on value creation for automotive industry and market. They have given the exceptional designs, quality and innovative products.

Business area of the company

The company’s principal activity is to manufacture and supply automotive components. The products include oil/air filters and cleaners, rear view mirrors for vehicles and plastic moduled auto components, blow moulding and

Lumax Automotive Systems was found in 1945. For more than six decades, Lumax has focused on value creation for automotive industry and market. They have given the exceptional designs, quality and innovative products.

Business area of the company

The company’s principal activity is to manufacture and supply automotive components. The products include oil/air filters and cleaners, rear view mirrors for vehicles and plastic moduled auto components, blow moulding and injection moulding parts and sheet metal components. These products are used in passenger cars, utility vehicles, light and heavy commercial vehicles, tractors and farm equipments, earth moving equipments and two and three wheelers. 

Milestones

  • 1945- SC Jain, Chairman, established a trading concern.
  • 1955-66- Manufacturing units were set up for automotive lighting equipment and other components.
  • 1975- Manufacturing unit set up for automotive filters and cleaners.
  • 1977-79- Manufacturing units became functional at Faridabad and Pune.
  • 1984- Lumax became a widely held public company and also undergone technical agreement with Stanley Electric Company, Japan.
  • 1996- Technical agreement with Toyo Roki, Japan for filter.
  • 2000- ISO: 9002 & QS- 9000 certification to mirror division of Faridabad.
  • 2003- Demerger of Lunax Industries & Lumax Automative Systems.
  • 2004- ISO/ TS: 16949 accreditation to mirror division, Faridabad from UL India.
  • 2004- Merger of Toshi Auto Industries with Lumax Automative Systems.
  • 2005- Joint venture with Magna Donnelly for rear view mirror.
  • 2006- ISO/TS: 16949 accreditation to Lumax Automative, Manesar from UL India.

Certification / Recognition

  • ISO: 9002 & QS- 9000 certification to mirror division of Faridabad.
  • ISO/ TS: 16949 accreditation to mirror division, Faridabad from UL India.
  • ISO/TS: 16949 accreditation to Lumax Automative, Manesar from UL India 
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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