'
Lumax Auto
Technologies hosted a conference call on Aug 8, 2025. The company was
represented by Mr. Anmol Jain – Managing Director, Mr. Sanjay Mehta – Director
& Group Chief Financial Officer, and Mr. Vikas Marwah – Chief Executive
Officer.
Key takeaways of the call
Revenue from OEM
business grew by 5% YoY in Q1 FY26, while the aftermarket segment showed a
strong growth of 16% YoY, reflecting healthy customer traction and product acceptance.
In Q1 FY26, the
subsidiaries (excluding the newly acquired Greenfuel) grew by 36% YoY, with IAC
India & Mechatronics entities leading the way. Including Greenfuel, the
growth was 59% YoY.
Greenfuel
reported revenue of Rs 95 crore in Q1 FY26. The business continues to be
margin-accretive to the consolidated performance.
Q1 FY26 EBITDA
margin declined due to certain price corrections from customers. However, these
...
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