Interim report
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Lumax Auto Technologies Limited c~_ LUMnx Regd. Office: 2nd Floor, Harbans Bhawan-11, Commercial Complex, Nangal Raya, New Delhi-110046 Website: www.lumaxworld.in/lumaxautotech Tel: +91 11 49857832 C: rr~ Email: shares@lumaxmail.com, CIN: L31909DL 1981PLC349793 ... ~ -.... ,._, ,. .... , ... (Rs. in Lakhs unless otherwise stated) Statement of standalone unaudited financial results for the quarter and half year ended September 30, 2025 Sr. No. Particulars Quarter ended Half year ended Year ended 30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 31.03.2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income a) Revenue from operations 43,600 .19 36,739.53 36,976.44 80,339.72 71,162.21 1,47,542.43 b) Other income (refer note 5) 1,618.27 3,765,08 1,238.71 5,383.35 2,082.25 4,038.64 Total Income 45,218.46 40,504.61 38,215.15 85,723.07 73,244.46 1,51 ,581.07 2 Expenses a) Cost of materials consumed 21,509 .16 17,876.61 17,656.62 39,385.77 34,798.37 70,554 .24 b) Purchases of stock-in-trade 7,969.05 7,112.71 6,853.49 15,081.76 12,552.05 28,271.03 c) Changes in inventories of finished goods, stock-in-trade and work-in-progress (263.78) (646,96) 84,25 (910,74) 35.70 180.17 d) Employee benefits expense 5,165.16 4,675.96 4,310 .54 9,841.12 8,463 77 16,997.94 e) Depreciation and amortisation expense 946.66 911 .42 823.30 1,858.08 1,682.29 3,431.62 f) Other expenses 6,316.72 5,035.42 4,574,50 11,352,14 8,795 20 19,054.09 g) Finance costs 1,323.65 1,145,58 875.83 2,469,23 1,799 80 3,582,61 Total expenses 42,966.62 36,110.74 35,178.53 79,077.36 68,127.18 1,42,071.70 3 Profit before tax for the period/year (1-2) 2,251.84 4,393.87 3,036.62 6,645.71 5,117.28 9,509.37 4 Income tax expense Current lax 527.27 431.42 670.85 958.69 1,198.15 2,343.97 Deferred tax credit (158.52) (71 .78) (17,69) (230,30) (2033) (228.48) Total income tax expense 368.75 359.64 653.16 728.39 1,177.82 2,115.49 5 Profit for the period/year (3-4) 1,883.09 4,034.23 2,383.46 5,917.32 3,939.46 7,393.88 6 Other comprehensive income (net of tax) Item that will not to be reclassified lo profit or loss Re-measurement loss on defined benefit plans (7.87) (7,87) (9,76) (15,74) (19.52) (31.47) Income tax effect 1.98 1.98 2.45 3.96 4.91 7.92 Gain/ (loss) on FVTOCI financial assets 7,490.70 5,727.49 (984,63) 13,218.19 988.32 689.59 Income tax effect (1,071.17) (819,03) 112.65 (1,890.20) (113.06) (181.82) Other comprehensive income for the period/year (net of tax) 6,413.64 4,902.57 (879.29) 11,316.21 860.65 484.22 7 Total comprehensive income for the period/year (net of tax) (5+6) 8,296.73 8,936.80 1,504.17 17,233.53 4,800.11 7,878.10 8 Paid-up equity share capital (face value of Rs. 2 each) 1,363.15 1,363.15 1,363.15 1,363.15 1,363.15 1,363.15 9 Other equity 70,132.61 10 Earnings per share (face value of Rs. 2 each) (not annualised) Basic & Diluted (in Rs.) 2.76 5.92 3.50 8.68 5.78 10.85 f(
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Statement of standalone unaudited assets and liabilities as at September 30, 2025 (Rs. in Lakhs unless otherwise stated) As at As at Sr.No . Particulars 30.09.2025 31 .03.2025 (Unaudited! IAuditedl I ASSETS Non -current assets Property, Planl and Equipment 30,358 .98 25,447 .52 Righi-of-use assets 2,064 .57 2,364 27 Capital wor1< in progress 2,365 32 2,070 BO Intangible assets 12.90 16,81 Investment properties 1,527 .69 1,555 .83 Investment in subsidiaries 65,779 .06 43 ,683.30 Financial Assets Investments 30 ,271.52 16,907 .76 Loans 618.05 691 .87 Other financial assets 1,314.66 836 .61 Non-current tax assets (net) 528.16 . Other non-current assets 856.64 847.11 Total non-current assets (A) 1,35,697 .55 94,421 .88 Current assets Inventories 8,156 .04 6,777 .12 Financial assets Investments 8 ,270.80 10 ,051 ,61 Trade receivables 28,508 .27 23,96712 Cash and cash equivalents 1,051 .05 187.30 Other bank balances 479 .39 147.59 Loans 201 .92 199.09 Other financial assets 638.30 803.80 Other current assets 1,956 .34 3,201 .83 Total current assets (B) 49,262.11 45,335.46 Total assets (A+B) 1,84,959.66 1,39,757.34 II EQUITY AND LIABILITIES EQUITY Equity share capital 1,36315 1,36315 Other equity 83,617 .47 70 ,132.61 Total equity (A) 84,980.62 71 ,495.76 LIABILITIES Non-current liabilities Financial liabilities Borrowings 24,124 .55 7,522 .24 Lease liabilities 1,334.63 1,682.46 Deferred tax liabilities (net) 3.293.62 1.637.68 Total non-current liabilities (B) 28,752.80 10,842.38 Current liabilities Financial liabilities Borrowings 36,422 .96 30,907.49 Lease liabilities 677.35 636.44 Trade payables • total outstanding dues of micro and small enterprises 5,073.70 3,788.85 • total outstanding dues of other than micro and small enterprises 23,029.83 16,544.57 Other financial liabilities 2,443 .57 2,654 .89 Provisions • employee benefit obligations 1,558.13 1,301 .42 Current tax liabilities (net) . 5715 Other current liabilities 2,020.70 1,528 .39 Total current liabilities (C) 71 ,226.24 57,419.20 Total Equity and Liabilities (A+B+C) 1,84,959.66 1,39,757.34
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Statement of standalone unaudited cash flows for the half year ended September 30, 2025 (Rs. in Lakhs unless otherwise stated) Half year ended Half year ended Particulars 30.09.2025 30.09.2024 (Unaudited) (Unaudited) Cash Flow from Operating Activities Profit before tax 6,645.71 5,117.28 Adjustment to reconcile profit before tax to net cash flows Depreciation and amortisation expense 1,858 08 1,682.29 Profit on sale of Property, plant and equipment (net) (15.69) (38.51) Dividend income (3,750 .77) (407.76) Liabilities/provisions no longer required, written back . (9,80) Government grant income (202.14) (189.59) Advances written off . 0.05 Pro\Jlslon for doubtful debts 4.85 Unrealfsed exchange loss/ (gain) 26.19 (5 35) Rental income (386.65) (378.04) Interest income (168 .71) (66.01) Finance cost 2,469.23 1,799.80 Gain on investments (530.97) (701.10) Operating profit before working capital changes 5,949.13 6,803.26 Movements in working capital: (Increase) in trade receivables (4,539 .43) (39.83) (Increase) in other financial assets (69.50) (149.21) Decrease/(lncrease) in other assets 1,235 .81 (316.29) (Increase) in inventories (1,378 .92) (250.84) Increase in trade payables 7,736 .91 2,970.59 (Decrease) in other financial liabilities (301 98) (964 .25) Increase in other current liabilities and provisions 403.15 138.67 Cash generated from operations 9,035 .17 8,192.10 Direct taxes paid (1,544 .00) (1.421 .67) Net cash generated from operating activities (A) 7,491.17 6,770 .43 Cash flow from investing activities Purchase of Property, plant and equipment and intangible assets (including capital work in progress and capital advances) (6,657.52) (1,820 56) Proceeds from sale of property. plant and equipment 30.48 61.36 loan given to subsidiaries (200.00) Loan received back from subsidiaries 47.50 . Dividend received 3,750 .77 407.76 Investment in subsidiaries (22,095 .76) (310.00) Purchase of current investments (10,833 .92) (933.34) Sale of current investments 13,000 .13 Redemption of bank deposits 39344 Rent received 386 .65 378 04 Interest received 151.29 106.63 Net cash used in investing activities (B) (22,220.38) (1,916 .67) Cash flow from financing activities Proceeds from long term borrowings 19,500 .00 278.03 Repayment of long term borrowings (1,433.04) (1,428 13) Proceeds from short term borrowings (Net) 3,988 .61 (50 70) Dividend paid (3,748.67) . Interest paid (2,407.02) (1,713 .51) Payment of principal portion of lease liabilities (306.92) (269.02) Net cash generatedl(used) from financing activities (C) 15,592 .96 (3,183.33) Net increase in cash and cash equivalents (A+ B + C) 863.75 1,670.43 Cash and cash equivalents at the beginning of the period 187.30 893 .14 Cash and cash equivalents at the end of the period 1,051.05 2,563.57 Non-cash financing and investing activities Acquisillon of Righi-of-use assets . 305,34 Components of ,:;ash and cash equivalents Cash on hand 3.69 3.84 Balance with banks - On current accounts 1,047.36 2,459.17 - Deposits with original maturity of 3 months or less 100.56 Total cash and cash equivalents 1,051.05 2,563.57 Ii• p I • ~ - ,. ----
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Notes: 1. The above Standalone Unaudited Financial Results of Lumax Auto Technologies Limited ('the Company') have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on November 08, 2025 2. These Standalone Unaudited Financial Results have been prepared in accordance with the recognition and measurement principles of Ind AS 34 'Interim Financial Reporting' prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 as amended and other accounting principles generally accepted 3. The Company's business activity falls within a single business segment i,e. manufacturing and trading of automotive components . Based on the information reported to the Chief Operating Decision Maker ('CODM') for the purpose of resource allocation and assessment of performance, there are no reportable segments in accordance with requirement of Ind AS 108 on 'Operating Segment' notified under lhe Section 133 of lhe Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 as amended. Further, lhe operations of the Company is domiciled in India and therefore there are no reportable geographical segment. 4, On May 29, 2025, lhe Board of Directors had recommended a final dividend of Rs, 5.50 per equity share for the financial year ended March 31, 2025, which was approved by the shareholders in the 44th Annual General Meeting held on August 25, 2025, Accordingly, Rs. 3,748,67 Lakhs was appropriated as distribution to equity shareholders during lhe quarter ended September 30, 2025. 5. During lhe current quarter ended September 30, 2025, other income includes dividend from one of ils Subsidiary companies namely, Lumax Mannoh Allied Technologies Limited amounting lo Rs. 717.86 Lakhs. During lhe previous quarter ended June 30, 2025, other income includes dividend from two of its Subsidiary companies namely, IAC international Automotive India Private Limited Rs. 2,523.33 Lakhs and Lumax Comaglia Auto Technologies Private Limited Rs. 324.78 Lakhs. 6 During the current quarter ended September 30, 2025, two new companies "Lumax Autocomp Private Limited" & "Lumax Auto Solutions Private Limited" were incorporated as wholly owned subsidiary of the Company on July 24, 2025 & July 26, 2025 respectively 7. During the previous quarter ended June 30, 2025, the Board of Directors of the Company in its meeting held on May 16, 2025 had approved acquisition of remaining 25% stake in one of its subsidiary IAC International Automotive India Private Limited (IAC India) at a purchase consideration of Rs. 22,095.75 Lakhs. The Company on May 22, 2025 has completed this transaction and accordingly, IAC India has become the wholly owned subsidiary of the Company . 8 On November 08, 2025, the Board of Directors of the Company has accorded its consent for proposed merger of IAC International Automotive India Private Limited with the Company 9. The above financial results are available on the Company's website ,w,w Juma>1worfd.innumaxau1otech and also on the websites of NSE twww.nseindla.com} and BSE (www.bsefndia.com). n ' / ' F' Place : Gurugram Date : November 08, 2025 For and on behalf of the Board of Directors of Lumax Auto Technologies Limited .,,!;~ ~ Chairman DIN: 00085848 DK JAIN GROUP
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Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Lumax Auto Technologies Limited Plot No. 878, Phase - V, UdyogVihar, Gurugram, Haryana - 122016 1. We have reviewed the standalone unaudited financial results of Lumax Auto Technologies Limited (the "Company") for the quarter ended September 30, 2025 and the year to date results for the period April 1, 2025 to September 30, 2025, which are included in the accompanying 'Statement of standalone unaudited financial results for the quarter and half year ended September 30, 2025', the statement of standalone unaudited assets and liabilities as on that date and the statement of standalone unaudited cash flows for the half year ended on that date (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. The Statement is the responsibility of the Company's management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 3. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the applicable Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Anurag Khandelwal Partner Membership Number: 078571 UDIN: 25078571BMOCFZ2315 Place: Gurugram Date: November 8, 2025 Price Waterhouse Chartered Accountants LLP, Building No. 8, 8th Floor, Tower - B, DLF Cyber City, Gurugram - 122 002 T: +91 (124) 6169910 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration number is 012754N/N500016 (ICAI registration number before conversion was 012754N)
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Lumax Auto Technologies Limited o_ LUMnx Regd. Office: 2nd Floor, Harbans Bhawan-11, Commercial Complex, Nangal Raya, New Delhi-110046 C. If'" ~ Website: www.lumaxworld.in/lumaxautotech Tel: +9111 49857832 Email: shares@lumaxmail.com, CIN: L31909Dl1981PLC349793 =~ .. ;=. (Rs . In L11khs unless otherwlse_sUlledJ Statomont or consolld aled unaudit ed flnoncI0I results for 1ne quarter and hall year ended September 30, 2025 Sr. No. Particulars Quarter-ended Half year ended Year ended 30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 31.03.2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income a) Revenue from operations 1,15,636 22 1,02,637 29 84,225 72 2, 18,273 51 1,59,818 .69 3,63,666 98 b) Olher income 1,557 82 1,088 54 1,537 31 2,646 36 3,280 .54 5_102 95 Total Income 1, 17,194.04 1,03 725.83 85,763.03 2,20,919.87 1,63,099.23 3,68,769.93 2 Expenses a) Casi of malerials consumed 65,656 .15 58,937 .18 47,279 .30 1,24,593 ,33 89,840.41 2,08,488 94 b) Purchases of slock-in-lrade 7,969 .05 7,112 71 6,853 49 15,081 76 12,552 .05 28,271 .03 c) Changes in inventories of finished goods, stock-in-lrade and work-in-progress (189.89) 298.38 60.44 108.49 (144 .88) (2,252.07) d) Employee benefits expense 15,072 .32 13,909 .37 11,394 .94 28,981 69 22,17657 47,644 74 e) Depreciation and amortisation expense 4,12657 3,845 10 2,925 87 7,971 .67 5,877 .56 12,862 07 f) Other expenses 11,677 55 9,891 86 8,41641 21,569 41 16,370 .99 35,037 63 g) Finance costs 2,448 .88 2.307.54 1,854.48 4_756 42 3,798 00 7,901.42 Total expenses 1,06, 760.63 96,302.14 78,784.93 203,062.77 150470.70 3,37,953.76 3 Profit before tax for the period/year (1-2) 10,433.41 7,423.69 6,978.10 17,857.10 12,628.53 30,816.17 4 Income tax expense Current tax 2,703 08 2,133 27 1,76054 4,836 35 3,152 .57 7,965 .67 Deferred tax (credit)/charge (25-21) (10917) 37 13 (134.38) 130,33 (65.71) Total income tax expense 2,677.87 2,024.10 1,797.67 4,701.97 3,282.90 7,899.96 5 Profit for the period/year (3-4) 7,755.54 5,399.59 5,180.43 13,155.13 9,345.63 22,916.21 6 Other comprehensive income (net of tax) Item that will not to be reclassified to profit or loss Re~measurement loss on defined benefit plans (16 70) (6 95) (10 94) (2365) (33.83) (22.01) Income tax effect 446 1 75 314 6 21 8.48 5.54 Gain/ (loss) on FVTOCI financial assets 7,490 70 5,727 49 (984 63) 13,21819 988 .32 689.59 Income tax effect (1 ,071 17) (81903) 112 65 (1 ,8902 0) (113 .06) (181.82) Other comprehensive income for the period/year (net of tax) 6,407.29 4,903.26 (879.78) 11,310.55 849.91 491.30 7 Total comprehensive income for the period/year (net of tax) (5+6) 14,162.83 10,302.86 4,300.65 24,465.68 10,195.54 23,407.51 8 Profit attributabl.o to: a) Owners of Lumax Auto Technologies Limited 6,685.44 4,141 .92 4,287 .61 10,827 .36 7,457.42 17,776 .90 b) Non-controlling interest 1 070.10 1,257.67 892.82 2,327.77 1,888 .21 5,139 .31 c) Total Profit (a+b) 7,755.54 5,399.59 5,180.43 13,155.13 9,345.63 22,916.21 9 other comprehensive income attributable to: a) Owners of Lumax Auto Technologies Limited 6,407 26 4,904 .28 (879 83) 11,311 54 852 ,17 478.91 b) Non-controlling interest 003 (1 02) 005 (0 99) (2,26) 12..39 c} Total other comprehensive income (a+b} 6,407.29 4,903.26 (879.78) 11,310.5"5 849.91 491.30 10 Total comprehensive income attributable to: (8+9) a) Owners of Lumax Auto Technologies Limited 13,092 70 9,046 .20 3,407 .78 22,138 .90 8,309 .59 18,255 .81 b) Non-controlling interest 1,070 13 1,256 65 892 87 2,326 78 1,885 .95 5,151 70 c) Total comprehensive income (a+b) 14162,.83 10 302.85 4 300.65 24465.68 10 195.54 23 407.51 11 Paid-up equity share capital (face value of Rs. 2 each} 1,363.15 1,363.15 1,363.15 1,363.15 1,363.15 1,363.15 12 Other equity 92,104.88 13 Earnings per share (face value of Rs. 2 each) (not annualised) Basic & Diluted (in Rs,) 9.81 6.08 6.29 15.89 10,94 26.08 Koll'. St:andalono Financ ial lnronn allon 1 Revenue from operations 43,600 .19 36,739 .53 36,976 .44 80,339 72 71,162 ,21 1,47,542 43 2 Profit before tax for the period/year 2,251 .84 4,393 .87 3,036 62 6,645.7 1 5,117 .28 9,509 ,37 3 Profit for the period/year 1,883 ,09 4,034 .23 2,383.46 5,917.32 3,939.46 7,393 .88 4 Total comprehensive income for the period/year 8,296 .73 8,936 .80 1,504 .17 17,233 .53 4,800 .11 7,878 10 L ------
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Statement of consolidated unaudited assets and llabllllles as al September 30, 2025 (Rs. in Lakhs unless otherwise stated) Sr. No. Particulars As at Asal 30.09.2025 31.03 .2025 (Unaudited) (Audited) I ASSETS Non-current asst!~ Property, Plant and Equipment 76,890 .29 68,243 60 Right-of-use assels 13,944 .53 12,421 02 Capital wor1< in progress 5,111 .59 6,924 50 Intangible assets 29,211 .80 31,087 .39 Investment properties 2,196 95 2,228 87 Goodwill 17,574 .96 17,574 96 Financial Assets Investments 33,875.58 19,826 01 Loans 119.84 59 81 Other financial assets 3,116 .63 2,386 85 Deferred tax assets (net) 227 29 389 97 Non-current tax assets (net) 2,493 34 1,61033 Other non-current assets 2,170 57 1,595 26 Total non-current assets (A) 1,86, 933.37 1,64,348.57 Current assets Inventories 40,014 50 36,645.85 Financial assets Investments 22,195 62 19,13997 Trade receivables 80,799 78 79,239 94 Cash and cash equivalents 8,300 .58 7,216 57 Other bank balances 1,559 66 748 35 Loans 150 76 172 88 Other financial assets 3. 183 40 2,198 26 Other current assets 13,068 86 14,079.63 Total current assets (B) 1,69 273.16 159 ,441.45 Assets held for sale (C) 121 98 121.98 Total Assets (A+B+C) 3,56,328.51 3,23 912.00 II EQUITY AND LIABILITIES EQUITY Equity share capital 1,363.15 1,363.15 Other equity 1,04,17014 92_ 104.88 Equity attrtbutable to equity holders of the parent (A) 1,05,533.29 93,463 .03 Non-controlling interest (B) 21.496 82 35,852 95 Total Equity (A+B) 1.27030.11 1 29 32.0.98 LIABILITIES Non-current liabilities Fln 1nc!1I llabllltles Borrowings 40,501 46 34,146 .38 Lease liabilities 11,77507 10,942 .96 Provisions 312 98 298 ,74 Deferred tax liabilities (nel) 7,945 BB 6,353,51 Provisions • employee benefit obligations 97042 816 00 Total non-current liabilities (C) 61,505.81 52,557.59 Current liabilities Financial liabilities Borrowings 55,588 89 42,692.13 Lease liabililies 3,187 .44 2,436 20 Trade payables - total outstand ing dues of micro and small enterprises 8,10706 6,795.18 • total outstand ing dues of other than micro and small enterprises 67 ,875 70 61 ,791 04 Other financial liabilities 7,295.27 9,419.59 Provisions • employee benefit obligations 3,904.61 3,485 OB Current tax liabilities (net) 958 71 767.50 Other current liabilities 20,874 91 14,646 ,71 Total current liabilities (D) 167,792.59 1 42.033.43 'Total Equity and Liabilities (A+B+C+D) 3,56,328 .51 3,23,912.00 . L
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Statement of consolidated unaudited cash flows for the half year ended September 30, 2025 (Rs. in Lakhs unless otherwise staled) Particulars Half year ended Half year ended 30.09.2025 30.09.2024 (Unaudited) (Unaudited) Cash Flow from Operating Activities Profit before tax 17,857 10 12,628 53 Adjustment to reconcile profit before tax to net cash flows Depreciation and amortisation expense 7,971 67 5,877,56 Profit on sale of Property, plant and equipment (net) (49 37) (39,56) Dividend Income (469 80) (470,54) Liabilities/provisions no longer required, written back . (509,90) Government grant income (282 .69) (466.49) Provision for doubtful debts 485 - Advances written off 320 0,05 Unrealised exchange loss/ (gain) 15835 (57 90) Rental income (18609) (179.21) Interest income (283 77) (271 39) Finance cost 4,756.42 3,798 00 Gain on investments (1,12924) (1,136.03) Operating profit before working capital changes 28,350.63 19,173.12 Movements in working capital: (Increase) in trade receivables (1,554 99) (4,512 41) (Increase) in other financial assets (270.31) (2,734.84) Decrease/ (Increase) in other assets 99949 (2,942 56) (Increase) in inventories (3,368 .65) (5,900 72) Increase in trade payables 7,284 43 11,753 83 (Decrease) in other financial liabilities (200 75) (21145) Increase in other current liabilities and provisions 6.462 61 3,64118 Cash generated from operations 37,702.46 18,266.15 Direct taxes paid (5,528 15) (3,247 03) Net cash generated from operating activities (A) 32 174.31 15 019.12 Cash flow from investing activities Purchase of Property, plant and equipment and intangible assets (including capital work in progress and capital advances) (14,044 .85) (6,451-45) Proceeds from sale of property, plant and equipment 125.17 74.63 Loan given (300 00) Payment for purchase of non-controlling interest (22,095 76) . Dividend received 469,80 470 54 Purchase of current investments (43,761 .98) (901 51) Sale of current investments 41,503 92 . Purchase of non-current investments (499 73) . Investment in bank deposits (3,873.70) . Redemption of bank deposits 2,205 51 3,723.21 Rent received 186.09 179.21 Interest received 284 62 297.38 Net cash used in investing activities (B) (39 500.911 (2 907.991 Cash flow from financing activities Proceeds from long tern, borrowings 23,621 .63 10,763.34 Repayment of long tern, borrowings (9,029 .68) (28,127.69) Proceeds from short tern, borrowings (net) 4,524 69 13,15510 Dividend paid (4,660 79) (222 22) Interest paid (4,282 .71) (3,579 .88) Payment of principal portion of lease liabilities (1 ,762.53) (924.02) Net cash generated/(used) from financing activities (C) 8,410.61 (8,935.37) Net increase in cash and cash equivalents (A+B+C) 1,084.01 3,175.76 Cash and cash equivalents at the beginning of the period 7,216 .57 5,102.55 Cash and cash equivalents at the end of the period 8,300.58 8,278.31 Non-cash financing and investing activities Acquisition of Right-of-use assets 3,041 38 887 04 Components of cash and cash equivalents Cash on hand 12 37 1012 Balance with banks - On current accounts 6,18014 5,909 84 - Deposits with original maturity of 3 months or less 2.108 .07 2,358 .35 Total cash and cash equivalents 8,300.58 8.278.31
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Notes: 1. The above consolidated financial results of Lumax Auto Technologies Limited ("the Holding Company") and its subsidiaries (together referred as "the Group") have been reviewed by the Audit Committee and approve<! by the Board of Directors at its meeting held on November 06, 2025 2. The Consolidated financial results indude the results of the following entities namely, Parent Company: Lumax Auto Technologies Limited; Subsidiaries (including step down subsidiary): (a) IAC International Automotive India Private Limited (b) Lumax Mannoh Allied Technologies Limited (c) Lumax Cornaglia Auto Technologies Private Limited (d) Lumax Alps Alpine India Private Limited (e) Lumax Ancillary Limited (f) Lumax \luran Telematics Private Limited (g) Lumax Jopp Allied Technologies Private Limited (h) Lumax FAE Technologies Private Limited (i) Lumax Yokowo Technologies Private Limited U) Lurnax Management Services Private Limited (k) Lumax Resources Private Limited (I) Lurnax Autocomp Private Limited (rn) Lumax Auto Solutions Private Limited (n) Greenfuel Energy Solutions Private Limited (subsidiary of Lumax Resources Private Limited). 3 These consolidated financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (Ind AS) as notified under Section 133 of 0111 Cornpanlet Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended The said consolidated financial results represents the results of the Group which have been prepared in acamiance with Ind AS 110 "Consolidated Financial Statements" d The Group's business activity falls within a single business segment i e manufacturing and trading of automotive components Based on the information reported to the Chief Operating Decision Mnk.er ('CODM') for the purpose of resource allocation and assessment of perfonmance, there are no reportable segments in accordance with requirement of Ind AS 108 on 'Operating Segment' notified under the Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 as amended. Further, the operations of the Group is domiciled in India and therefore there are no reponab lo geographical segment. 5, On May 29, 2025, the Board of Directors of the Holding Company had recommended a final dividend of Rs 5 50 per equity share for the financial year ended March 31 , 2025, which was approved by the shareholders in the 44th Annual General Meeting held on August 25, 2025 Accordingly, Rs 3,748 67 Lakhs was appropriated as distribution to equity shareholders during the quarter ended September 30, 2025. 6 During the current quarter ended September 30, 2025. two new companies "Lumax Autocomp Private Limited" & "'Lumax Auto Solutions Private Limited" were incorporated as wholly owned subsidiary of the Holding Company on July 24, 2025 & July 26, 2025 respectively 7 During the previous quarter ended June 30, 2025, the Board of Directors of the Holding Company in its meeting held on May 16, 2025 had approved acquisition of remaining 25% stake in one of its subsidiary IAC International Automotive India Private Limited (IAC India) al a purchase consideration of Rs 22,095 75 Lakhs The Holding Company on May 22, 2025 has completed this transaction and accordingly, tAC India has become the wholly owned subsidiary of the Holding Company 8 The figures for the quarter and half year ended September 30, 2025, quarter ended June 30, 2025 and year ended March 31, 2025, includes the business operations of "Greenfuel Energy Solutions PtMll8 Limited" from November 26, 2024 (acquisition date) Accordingly, results for the quarter and half year ended September 30, 2025 are not comparable with the corresponding quarter and half year ended September 30, 2024 and year ended March 31, 2025 9. The above financial results are available on the Company's website www tumaxworjd ln/lumaxautol!!Ch and also on the websites of NSE (www nse,ndia.coml and BSE (www.bse,ndia com) Place : Gurugram Date : November 08, 2025 For and on behalf of the Board of Directors of Lumax Auto Technologies Limited DK JAIN GROUP
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Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Lumax Auto Technologies Limited Plot No. 878, Phase - V, Udyog Vihar Gurugram, Haryana - 122016 1. We have reviewed the consolidated unaudited financial results ofLumaxAuto Technologies Limited (the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries hereinafter referred to as the "Group") (refer Note 2 on the Statement) for the quarter ended September 30, 2025 and the year to date results for the period April 1, 2025 to September 30, 2025 which are included in the accompanying 'Statement of consolidated unaudited financial results for the quarter and half year ended September 30, 2025', the statement of consolidated unaudited assets and liabilities as on that date and the statement of consolidated unaudited cash flows for the half-year ended on that date (the "Statement"). The Statement is being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. 2 . This Statement, which is the responsibility of the Holding Company's Management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting", prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. Price Waterhouse Chartered Accountants LLP, Building No. 8, 8th Floor, Tower - B, DLF Cyber City, Gurugram - 122 002 T: +91 (124) 6169910 Registered oHice and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014 , Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration number is 012754N/N500016 (!CAI registration number before conversion was 012754N)
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4. The Statement includes the results of the following entities: S.No. Name of the entity 1. Lumax Auto Technologies Limited, the Holding Company Subsidiary Companies 2. Lumax Alps Alpine India Private Limited 3. Lumax Ancillary Limited 4. Lumax Comaglia Auto Technologies Private Limited 5. Lumax FAE Technologies Private Limited 6. IAC International Automotive India Private Limited (Previously known as 'Lumax Integrated Ventures Private Limited') 7. Lumax Ituran Telematics Private Limited 8. Lumax Jopp Allied Technologies Private Limited 9. Lumax Management Services Private Limited 10. Lumax Mannoh Allied Technologies Limited 11. Lumax Resources Private Limited 12. Lumax Yokowo Technologies Private Limited 13. Greenfuel Energy Solutions Private Limited (subsidiary of Lumax Resources Private Limited) 14. Lumax Autocomp Private Limited (incorporated on July 24, 2025) 15. Lumax Auto Solutions Private Limited (incorporated on July 26, 2025) 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.
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6. The interim financial results of seven subsidiaries reflect total assets of Rs. 46,060.69 lakhs and net assets of Rs. 16,641.47lakhs as at September 30, 2025 and total revenues of Rs. 8,692.39 lakhs and Rs. 15,615.60 lakhs, total net profit/ Ooss) after tax of Rs. 331.97 lakhs and Rs. (10.74) lakhs and total comprehensive income/ Ooss) of Rs. 336.76 lakhs and Rs. (3.27) lakhs, for the quarter ended September 30, 2025 and for the period from April 1, 2025 to September 30, 2025, respectively, and cash flows (net) of Rs. 1,478.65 lakhs for the period from April 1, 2025 to September 30, 2025, as considered in the consolidated unaudited financial results. These interim financial results have been reviewed by other auditors and their reports, vide which they have issued an unmodified conclusion, have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Anurag Khandelwal Partner Membership Number: 078571 UDIN: 25078571BMOCGA6728 Place: Gurugram Date: November 8, 2025