LUMAXIND / 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: 15-20%

Management targets above-industry growth of 15-20% for FY27, supported by strong order book of INR 2,500 crore and new model launches.

growth

FY27 EBITDA Margin: 10.5-11%

Full-year EBITDA margin guidance of 10.5-11% maintained, implying ~100 bps improvement from FY26's ~9.8%. Q1 margin impact of 120-130 bps from commodities expected to reverse in Q2.

margins

FY27 Capex: INR 200-250 crore

Capex guidance revised upward from INR 100-150 crore to INR 200-250 crore due to new order wins. Maintenance capex ~INR 40-50 crore, rest for business expansion.

capex

FY31 Revenue Target: INR 9,000+ crore

From current base of INR 4,500-5,000 crore, management targets INR 9,000+ crore revenue by FY31 with EBITDA margins moving towards 13%+ over 3-4 years.

growth