Lumax Auto Technologies, a leading automotive component manufacturer, has announced its audited financial results for the second quarter and half-year ended September 30th, 2025. The company remains focused on delivering sustainable growth through operational excellence, technology integration, and product expansion across its key verticals.

Consolidated Financial Highlights for Q2 & H1 FY26:

Revenue Growth: Consolidated revenue from operations increased 37 per cent YoY in both Q2FY26 and H1FY26 to Rs 11,560 million and Rs 21,830 million, respectively, driven by sustained demand from key OEMs, new program launches, and strong momentum in the passenger vehicle and aftermarket businesses.

Enhanced Profitability: 

EBITDA stood at Rs 1,700 million in Q2FY26 with margins improving to 14.7 per cent, and at Rs 3,060 million in H1FY26 with margins of 14.0 per cent. The shift toward higher-value products and disciplined execution continues to enhance profitability. The sequential margin recovery also reflects the delayed realisation of customer price corrections from Q1FY26.

PAT (before minority interest) grew 50 per cent YoY in Q2FY26 to Rs 780 million and 41 per cent YoY in H1FY26 to Rs 1320 million, reflecting strong operational control and improved asset utilisation..

On a standalone basis, the company maintained its growth trajectory. Revenue from OEM business grew by 12 per cent in H1 FY26, while the aftermarket segment showed a strong growth of 15 per cent from H1 of last year, indicating strong customer traction and product acceptance.

The subsidiaries (excluding the newly acquired Greenfuel) grew by 36 per cent YoY, with IAC India and Mechatronics entities; including Greenfuel, the growth is 56 per cent in H1FY26. 

Commenting on the performance, Anmol Jain, Managing Director, Lumax Auto Technologies Limited said, "Our performance in Q2 and H1 FY26 reflects continued progress on our strategic priorities and the resilience of our diversified business model. Revenue growth was supported by new order wins, strong execution by emerging subsidiaries, and sustained traction in Greenfuel and Aftermarket businesses.

EBITDA margins improved sequentially, aided by scale efficiencies, richer product mix, and the normalisation of customer price corrections, which had moderated Q1 performance. The improvement in profitability underscores our focus on operational excellence and disciplined cost management.

The integration of IAC India is progressing as planned, reinforcing our capabilities in EV interiors and advanced technology-led solutions. With a healthy order pipeline, robust balance sheet, and clear execution roadmap, we remain on track to achieve our medium-term 20:20:20:20 vision—delivering sustainable growth, margin expansion, and leadership in future-ready mobility solutions.”

Strengthening electronics and digital capabilities:

In October 2025, Lumax Auto Technologies inaugurated its ‘SHIFT’ Tech Centre (Smart Hub for Innovation and Future Trends) in Bengaluru. The new centre enhances Lumax’s electronics and digital engineering capabilities, focusing on in-cabin experience, ADAS, connectivity, and embedded systems. This milestone supports the Company’s transition toward software-defined, technology-driven mobility solutions.