LUMAXTECH / guidance tracker

Keep management guidance in view.

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

Research layer active

Guidance tracker

What management said would happen.

FY26 Revenue Growth: 30%

Revised upward from 25% to 30% for FY26 based on strong Q3 performance and sustained demand momentum across all business segments.

revenue

EBITDA Margin Target: 16% by FY28

Management targets ~16% EBITDA margin by FY28, expanding ~50bps annually from current 15%, driven by higher-margin subsidiaries (IAT, green fuel) and premiumization.

margins

FY26 Capex: ₹240 Cr

Increased from earlier ₹220 crore guidance to ₹240 crore, including ₹44 crore for land in Gujarat and Karnataka, and ₹50 crore + ₹20 crore for IAT and Lumax L expansion.

capex

Annual Organic Capex: ₹150-200 Cr

Going forward, annual organic capex expected in the ₹150-200 crore range to support medium-term revenue growth targets.

capex