Jainee’s Coffee Can Portfolio on 16 February 2026
(New Call every Week)
Lumax Auto Technologies Ltd – Coffee Can Snapshot
Lumax Auto Technologies Ltd, incorporated in 1981 and part of the D.K. Jain Group, is engaged in manufacturing and supplying automotive lighting, plastic moulded parts/modules, and frame/chassis solutions for two-wheeler, three-wheeler and four-wheeler segments. The company also offers multiple interior and electronic components and has partnerships with 7 global players such as Yokowo (Japan), JOPP (Germany) and others.
Key Points
Market Position
Lumax Auto Technologies is a leading manufacturer of gear shifters and interior solutions in India, with more than 80% market share across all passenger vehicle customers. Strong OEM linkages and a wide product bouquet provide long-term demand visibility.
Business Overview
The company is positioned as a diversified auto-component supplier with rising content-per-vehicle opportunity. Its strategy is built around strong OEM relationships, localisation manufacturing, and technology tie-ups that enable entry into higher value-added electronics and interior solutions.
Product Portfolio & Capacity
Integrated Plastic Modules
2-W Chassis
Lighting for 2-W and 3-W
Gear Shifters
Transmission Products
Air Intake Systems
Seat Structures
Telematics Products
Oxygen Sensors
On-board Antennas
Electric Devices
Components and Aftermarket Solutions
Coffee Can Matrix – Lumax Auto Technologies Ltd
| Parameter | Data / Interpretation |
|---|---|
| CMP (Rs.) | 1624.40 |
| P/E Ratio | 42.95 → Premium valuation; market pricing in strong growth visibility |
| Quarterly Net Profit (Rs. Cr.) | 108.06 |
| Quarterly Profit Growth (%) | 101.39% → Profit more than doubled; indicates operating leverage |
| Quarterly Sales (Rs. Cr.) | 1270.66 |
| Quarterly Sales Growth (%) | 40.31% → Strong topline expansion; healthy demand |
| Sales CAGR (5 Years) | 26.09% → Solid long-term revenue compounding |
| Profit CAGR (5 Years) | 24.69% → Consistent earnings growth |
| ROCE (%) | 19.02% → Strong capital efficiency for auto ancillary business |
| All-Time High (Rs.) | 1823.90 |
| RSI | 56.96 → Neutral-to-positive momentum |
| 1-Week Return (%) | 10.05% → Strong short-term price action |
| MACD | 50.15 |
| MACD (Previous) | 48.88 → Rising MACD confirms bullish undertone |
| Volume Trend | Volumes well above 1-month average (1D: 7.94 lakh vs 1M: 3.25 lakh) → accumulation signals |
Coffee Can Verdict – Lumax Auto Technologies Ltd
👍 Positives (Coffee Can Strengths)
✔ Market leadership in gear shifters & interior solutions with strong OEM dependency
✔ Diversified product bouquet across lighting, chassis, interior and electronics
✔ Partnerships with global players supporting innovation and localisation
✔ Strong quarterly growth momentum in both sales and profits
✔ ROCE near 19% indicates improving business efficiency
⚠️ Considerations (Coffee Can Risks)
✖ Premium valuation (P/E ~43) reduces margin of safety during auto cycles
✖ Auto ancillary business remains cyclical and linked to OEM production
✖ Stock trading closer to higher zone; short-term consolidation possible
✖ Execution risk in technology-heavy product segments
✖ OEM concentration risk may impact revenue visibility in downturns
Chanakya’s Coffee Can Conclusion
Lumax Auto Technologies Ltd fits the Coffee Can framework as a diversified auto-ancillary compounder benefiting from premiumisation, localisation and rising electronic content in vehicles. Strong market leadership, global collaborations and consistent growth trajectory provide long-term structural strength.
While earnings momentum remains strong and volumes indicate accumulation, valuations are already at a premium, making disciplined accumulation important.
Coffee Can approach: Accumulate on dips, remain patient through cycles, and allow long-term earnings compounding to play out.
For long-term study only. Not a buy/sell recommendation.