Integrated Filing — IndAS



General information about company
Scrip Code 532796
NSE Symbol LUMAXTECH
MSEI Symbol NOTLISTED
ISIN INE872H01027
Name of company LUMAX AUTO TECHNOLOGIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing and Trading of Automotive Components
Start date and time of board meeting 29-May-2025   12:30:00
End date and time of board meeting 29-May-2025   15:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 11328842000 36366698000
Other income 93010000 510295000
Total income 11421852000 36876993000
2 Expenses
(a) Cost of materials consumed 6703996000 20848894000
(b) Purchases of stock-in-trade 787004000 2827103000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -135496000 -225207000
(d) Employee benefit expense 1345441000 4764474000
(e) Finance costs 211973000 790142000
(f) Depreciation, depletion and amortisation expense 371265000 1286207000
(f) Other Expenses
1 Other expenses 1061532000 3503763000
Total other expenses 1061532000 3503763000
Total expenses 10345715000 33795376000
3 Total profit before exceptional items and tax 1076137000 3081617000
4 Exceptional items 0 0
5 Total profit before tax 1076137000 3081617000
6 Tax expense
7 Current tax 268848000 796567000
8 Deferred tax 10562000 -6571000
9 Total tax expenses 279410000 789996000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 796727000 2291621000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 796727000 2291621000
17 Other comprehensive income net of taxes 88538000 49130000
18 Total Comprehensive Income for the period 885265000 2340751000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 583791000 1777690000
Total profit or loss, attributable to non-controlling interests 212936000 513931000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 670749700 1825580800
Total comprehensive income for the period attributable to owners of parent non-controlling interests 214515300 515170200
21 Details of equity share capital
Paid-up equity share capital 136315000 136315000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 9210488000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 8.57 26.08
Diluted earnings (loss) per share from continuing operations 8.57 26.08
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 8.57 26.08
Diluted earnings (loss) per share from continuing and discontinued operations 8.57 26.08
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) Notestttttt n1. The above consolidated financial results of Lumax Auto Technologies Limited the Holding Company and its subsidiaries together referred as the Group have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 29 2025.ttttttt n2. The Consolidated financial results includes the results of the following entities namely Parent Company Lumax Auto Technologies Limited; Subsidiaries including step down subsidiary: a IAC International Automotive India Private Limited Previously known as Lumax Integrated Ventures Private Limited b Lumax Mannoh Allied Technologies Limited c Lumax Cornaglia Auto Technologies Private Limited d Lumax Alps Alpine India Private Limited e Lumax Ancillary Limited f Lumax Ituran Telematics Private Limited g Lumax Jopp Allied Technologies Private Limited h Lumax FAE Technologies Private Limited i Lumax Yokowo Technologies Private Limited j Lumax Management Services Private Limited k Lumax Resources Private Limited l Greenfuel Energy Solutions Private Limited subsidiary of Lumax Resources Private Limited.ttttttt n3. These consolidated financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards Ind AS as notified under Section 133 of the Companies Act 2013 read with Companies Indian Accounting Standards Rules 2015 as amended. The said consolidated financial results represents the results of the Group which have been prepared in accordance with Ind AS 110 Consolidated Financial Statements.ttttttt n4. The Group business activity falls within a single business segment i.e. manufacturing and trading of automotive components accordingly there are no additional disclosures to be furnished in accordance with the requirement of Ind AS 108 Operating Segments with respect to single reportable segment. Further the operations of the Group is domiciled in India and therefore there are no reportable geographical segment.ttttttt n5. The Board of Directors of the holding Company have recommended a dividend of Rs. 5.50/- per equity share for the Financial Year 2024-25 subject to approval of the shareholders.ttttttt n6. Subsequent to the year ended March 31 2025 the Board of Directors of the holding Company in its meeting held on May 16 2025 has approved acquisition of remaining 25% stake in one of its subsidiary IAC International Automotive India Private Limited IAC India at a purchase consideration of Rs. 22095.75 cr. The holding Company on May 22 2025 has completed this transaction and accordingly IAC India has become the wholly owned subsidiary of the holding Company. There is no impact of this transactions on the consolidated financial results as at March 31 2025.ttttttt n7. During the current financial year the holding Company through its wholly owned subsidiary Lumax Resources Private Limited has acquired the 60% equity stake and controlling interest in Greenfuel Energy Solutions Private Limited for its alternate fuels business for an aggregate consideration of Rs. 15308.58 Lakhs. This acquisition is effective from November 26 2024 pursuant to share purchase agreement. This transaction has been accounted for in accordance with the acquisition method specified in Ind AS 103 Business Combination and purchase consideration in excess of the provisional fair value of the net assets acquired has been recognised as provisional goodwill amounting to Rs. 8209.46 Lakhs subject to finalisation.ttttttt n8. The Board of Directors of Lumax Resources Private Limited Transfree Company the Wholly Owned Subsidiary of the holding Company and Greenfuel Energy Solutions Private Limited Tranferror Company the step down subsidiary of the holding Company have approved the Scheme of Amalgamation Scheme for merger of the Transferror Company with Transfree Company in their respective meetings held on February 06 2025 there is no impact of the Scheme on the consolidated results.tt nttttt n9. The figures for the quarter and year ended March 31 2025 quarter ended December 31 2024 includes the business operations of Greenfuel Energy Solutions Private Limited from November 26 2024 aquisition date. Accordingly results for the quarter and year ended March 31 2025 quarter ended December 31 2024 are not comparable with the corresponding quarter and year ended March 31 2024.ttttttt n10. The figures for the quarter and year ended March 31 2024 includes the business operations of one of the subsidiary Company Lumax Ancilliary Limited from January 25 2024 aquisition date till March 31 2024. Accordingly results for the quarter and year ended March 31 2025 quarter ended December 31 2024 are not comparable with the corresponding quarter and year ended March 31 2024.ttttttt n11. The figures for the quarter ended March 31 2025 and March 31 2024 are the balancing figures between the audited figures in respect of the full financial years ended March 31 2025 and March 31 2024 and the unaudited year to date figures upto the third quarter of the financial years which was subject to review by the statutory auditors.ttttttt n12. The above financial results are available on the Companys website www.lumaxworld.in/lumaxautotech and also on the websites of NSE www.nseindia.com and BSE www.bseindia.com. n n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 6824360000
Capital work-in-progress 692450000
Investment property 222887000
Goodwill 1757496000
Other intangible assets 4350841000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1982601000
Trade receivables, non-current 0
Loans, non-current 5981000
Other non-current financial assets 238685000
Total non-current financial assets 2227267000
Deferred tax assets (net) 38997000
Other non-current assets 320559000
Total non-current assets 16434857000
2 Current assets
Inventories 3664585000
Current financial asset
Current investments 1913997000
Trade receivables, current 7923994000
Cash and cash equivalents 721657000
Bank balance other than cash and cash equivalents 74835000
Loans, current 17288000
Other current financial assets 219826000
Total current financial assets 10871597000
Current tax assets (net) 0
Other current assets 1407963000
Total current assets 15944145000
3 Non-current assets classified as held for sale 12198000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 32391200000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 136315000
Other equity 9210488000
Total equity attributable to owners of parent 9346803000
Non controlling interest 3585295000
Total equity 12932098000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3414638000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 1094296000
Total non-current financial liabilities 4508934000
Provisions, non-current 29874000
Deferred tax liabilities (net) 635351000
Deferred government grants, Non-current 0
Other non-current liabilities 81600000
Total non-current liabilities 5255759000
Current liabilities
Current financial liabilities
Borrowings, current 4269213000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 679518000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 6179104000
Total Trade payable 6858622000
Other current financial liabilities 1185579000
Total current financial liabilities 12313414000
Other current liabilities 1464671000
Provisions, current 348508000
Current tax liabilities (Net) 76750000
Deferred government grants, Current 0
Total current liabilities 14203343000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 19459102000
Total equity and liabilites 32391200000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
1 Re-measurement gain/(loss) on defined benefit plans 2841000 -2201000
2 Gain/ (loss) on FVTOCI financial assets 108885000 68959000
Total Amount of items that will be reclassified to profit and loss 111726000 66758000
4 Income tax relating to items that will be reclassified to profit or loss 23188000 17628000
5 Total Other comprehensive income 88538000 49130000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3081617000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 790142000
Adjustments for decrease (increase) in inventories -863207000
Adjustments for decrease (increase) in trade receivables, current -1696552000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -266433000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 128438000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 1683954000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -110818000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1286207000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 10754000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 79410000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -3472000
Adjustments for dividend income 47384000
Adjustments for interest income 42930000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -203143000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -179184000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 565782000
Net cash flows from (used in) operations 3647399000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 742456000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 2904943000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 1511958000
Other cash receipts from sales of equity or debt instruments of other entities 5883946000
Other cash payments to acquire equity or debt instruments of other entities 5432494000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 79035000
Purchase of property, plant and equipment 1802793000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 47384000
Interest received 50094000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 525795000
Net cash flows from (used in) investing activities -2160991000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 4931058000
Repayments of borrowings 4098284000
Payments of lease liabilities 204941000
Dividends paid 397089000
Interest paid 763294000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -532550000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 211402000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 211402000
Cash and cash equivalents cash flow statement at beginning of period 510255000
Cash and cash equivalents cash flow statement at end of period 721657000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Price Waterhouse Chartered Accountants LLP Yes 30-Nov-2026