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Lumax Industries

  • Market Cap: Small Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE162B01018
  • NSEID: LUMAXIND
  • BSEID: 517206
  • View on NSE | View on BSE
INR
5,731.35
-42.3 (-0.73%)
BSENSE

Sep 24, 03:30 PM

BSE+NSE Vol: 5.39 k

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Jamna Auto Inds.
Sharda Motor
NRB Bearings
Steel Str. Wheel
Wheels India
Suprajit Engg.
L G Balakrishnan
Rolex Rings
Lumax Industries
Fiem Industries
Subros

Why is Lumax Industries Ltd ?

1
Healthy long term growth as Net Sales has grown by an annual rate of 21.96% and Operating profit at 29.54%
2
The company has declared Positive results for the last 7 consecutive quarters
  • ROCE(HY) Highest at 16.63%
  • PAT(Q) At Rs 51.08 cr has Grown at 41.1%
  • DEBT-EQUITY RATIO(HY) Lowest at 1.06 times
3
With ROCE of 13.6, it has a Expensive valuation with a 3.4 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 21.41%, its profits have risen by 42.6% ; the PEG ratio of the company is 0.6
4
Majority shareholders : Promoters
5
Market Beating performance in long term as well as near term
  • Along with generating 21.41% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Lumax Industries should be less than 10%
  2. Overall Portfolio exposure to Auto Components & Equipments should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Lumax Industries for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Lumax Industries
21.41%
0.43
49.63%
Sensex
-9.96%
-0.74
13.51%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
21.96%
EBIT Growth (5y)
29.54%
EBIT to Interest (avg)
3.49
Debt to EBITDA (avg)
2.87
Net Debt to Equity (avg)
1.03
Sales to Capital Employed (avg)
2.05
Tax Ratio
21.34%
Dividend Payout Ratio
23.38%
Pledged Shares
0
Institutional Holding
8.07%
ROCE (avg)
10.60%
ROE (avg)
16.78%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
26
Industry P/E
40
Price to Book Value
5.83
EV to EBIT
23.22
EV to EBITDA
14.53
EV to Capital Employed
3.38
EV to Sales
1.40
PEG Ratio
0.62
Dividend Yield
0.96%
ROCE (Latest)
13.60%
ROE (Latest)
20.43%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

20What is working for the Company
ROCE(HY)

Highest at 16.63%

PAT(Q)

At Rs 51.08 cr has Grown at 41.1%

DEBT-EQUITY RATIO(HY)

Lowest at 1.06 times

NET SALES(Q)

At Rs 1,223.23 cr has Grown at 32.60%

PBT LESS OI(Q)

At Rs 60.67 cr has Grown at 33.19%

-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)

Lowest at 6.64 times

Loading Valuation Snapshot...

Here's what is working for Lumax Industries

Net Sales - Quarterly
Highest at Rs 1,223.23 cr and Grown
each quarter in the last five quarters
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 51.08 cr has Grown at 41.1%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly
At Rs 1,223.23 cr has Grown at 32.60%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 60.67 cr has Grown at 33.19%
Year on Year (YoY)
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Debt-Equity Ratio - Half Yearly
Lowest at 1.06 times
in the last five half yearly periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Here's what is not working for Lumax Industries

Debtors Turnover Ratio- Half Yearly
Lowest at 6.64 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio

Non Operating Income - Quarterly
Highest at Rs 3.30 cr
in the last five quarters
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating Income

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