LUMAX / guidance tracker

Keep management guidance in view.

Lumax Industries · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY27 revenue growth of 20%+

Management expects revenue growth of 20%+ in FY27, driven by new product launches and industry growth.

revenue

Capex of ₹350-400 crore for FY26, ₹100-150 crore for FY27

FY26 capex revised up to ₹350-400 crore due to preloading; FY27 capex expected at ₹100-150 crore.

capex

Double-digit EBITDA margin sustained; 12% target in 2 years

Management aims to progressively expand EBITDA margins, targeting ~12% over the next two years.

margins

Chakan Phase 2 SOP in Q4 FY26; revenue ₹250-300 crore in FY27

Chakan Phase 2 facility to start production in March/April 2026, contributing ₹250-300 crore revenue in FY27.

expansion