'
Lumax
Industries hosted a conference call
on Aug 8, 2025. In the conference call, the company was represented by: Mr.
Deepak Jain – Chairman & Managing Director, Mr. Anmol Jain – Joint Managing
Director, and Mr. Raju Ketkale – CEO
Key takeaways of the call
Growth in the auto industry remained
muted in Q1 FY26, with a noticeable pause in EV rollout from several OEMs,
primarily due to supply constraints related to rare earth magnets. Gradual
recovery is expected in Q2 FY26, while some headwinds may persist.
While domestic auto sector growth
remained muted, export momentum was strong, particularly in Latin America and
the Middle East.
Management has guided for a 15-20% YoY
topline growth in FY26, accompanied by a double-digit EBITDA margin.
The share of profit from JV associates
declined in Q1 FY26 due to subdued margins, driven by the s...
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