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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

Lumax Industries Limited

LUMAXINDNSEConsumer Cyclical
₹5,284.5
+79.00 (+1.52%)
Sell

Financial trend (84/100) does the heavy lifting; valuation (26/100) is the drag.

Expensive
The bottom line

StocksWizard rates Lumax Industries Limited a Sell, scoring 43/100 on our blended model. At ₹5,284.5 it trades above our blended DCF and relative-multiples fair value of ₹4,238.83, about 20% downside to that estimate — we read it as overvalued by 20%. On 27.7x trailing earnings it sits roughly in line with the Consumer Cyclical median of about 27.7x. The price is about 21% below its 52-week high of ₹6,703 and 60% above the low of ₹3,295.3. Financial health scores 36/100, in the grey band on the Altman Z-score, with a Piotroski F-score of 7/9. The average analyst target of ₹6,809 implies about 29% upside across 2 analysts. It clears 4 of 13 investability checks, with durability 41, valuation 35 and momentum 31 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹4,238.83down 19.79%
Overvalued by 20%
Price ₹5,284.5Range ₹2,642.25₹4,996.66
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹3,391.07.

Analyst views

2 analysts2 buy · 0 hold · 0 sell
12-month consensus target₹6,809up 28.85%

1-year price

EOD · 2026-07-31
1D
up 1.52%
1W
up 2.77%
1M
down 1.78%
3M
up 5.03%
6M
up 12.45%
1Y

52-week range

-21.16% from the 52-week high.

Trend check
Below 50-DMA₹5,333Below 200-DMA₹5,327

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell43
D
Financial health 36/100
Altman Z 2.43 · Grey zone

Piotroski F-score 7/9 — quality of earnings & balance sheet.

Our scores

Durability41
Valuation35
Momentum31

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 4 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 20.4%
  • Fail: Low debt (D/E < 0.5): 1.06x
  • Fail: Positive free cash flow
  • Pass: Revenue growth > 10%: 30%
  • Pass: Earnings growing: 23%
  • Fail: Net margin ≥ 10%: 4.1%
  • Fail: Current ratio > 1.5: 0.76
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Fail: Altman Z in safe zone: Z 2.43
  • Pass: Piotroski ≥ 7: 7/9

Quarterly results

Revenue · 1Q2026
₹1,200 Cr
Net profit
₹56 Cr
Margin
5%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +14%

Annual financials

Revenue · 2026
₹4,184 Cr
Net profit
₹186 Cr
Margin
4%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +23%

Shareholding

  • Promoter77.9%
  • Institutions5.9%
  • Public & other16.2%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹4,783 Cr
P/E ratio
27.7
P/B ratio
5.21
EPS (TTM)
₹184.66
ROE
20.4%
Debt / Equity
1.06x
Profit margin
4.1%
Free cash flow
₹-17 Cr
52-week high
₹6,703
-21.16% from high
52-week low
₹3,295.3
Dividend yield
1.1%
Beta
0.83
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (20.4%).
  • High Piotroski quality score (7/9).

Opportunities

  • Earnings growing (23% YoY).
  • Revenue growing (30% YoY).

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).

About Lumax Industries Limited

Lumax Industries Limited manufactures automotive components in India, including LED lighting systems such as headlamps, tail lamps, fog lamps, and auxiliary lamps, along with electronic components. The company supplies to original equipment manufacturers across passenger cars, commercial vehicles, four-wheelers, two-wheelers, and tractors.

Lumax Industries Limited — frequently asked questions

Is Lumax Industries Limited a buy, hold or sell?

StocksWizard currently rates Lumax Industries Limited (LUMAXIND) a Sell, based on a blended score of 43/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Lumax Industries Limited's fair value?

Our blended DCF and relative-valuation model estimates Lumax Industries Limited's fair value at about ₹4,238.83, versus a current price of ₹5,284.5 — roughly 20% downside. On that basis the stock looks overvalued by 20%.

Is Lumax Industries Limited financially healthy?

Lumax Industries Limited scores 36/100 on our financial-health model, placing it in the grey band on the Altman Z-score, with a Piotroski F-score of 7/9.

How has Lumax Industries Limited's share price performed?

Lumax Industries Limited is up 5% over three months, and last traded at ₹5,284.5. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.