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  1. Home
  2. Supplier Database
  3. Major Suppliers
  4. Lumax Industries Ltd.
  5. Lumax Industries Ltd. Business Report FY ended Mar. 2015

Lumax Industries Ltd. Business Report FY ended Mar. 2015

Financial Overview

(in million INR)
FY ended Mar. 31, 2015 FY ended Mar. 31, 2014 Rate of change (%)
Net Sales 11,425.6 11,167.0 2.3
EBITDA 648.6 578.2 12.2

R&D Expenditure

(in million INR)
FY ended Mar. 31, 2015 FY ended Mar. 31, 2014 FY ended Mar. 31, 2013
Overall 252.2 198.4 130.9

R&D Activities

-During the fiscal year ended March 31, 2015, the Company engaged in the following research and development activities:

  • Introduced a HID head lamp
  • Designed LED tail lamps for two-wheeled and four-wheeled vehicles
  • Developed prototypes of various products with LED applications
  • Designed and developed LED head lamps with daytime running light functions
  • Designed and developed signature LED tail lamps
  • Continued development of various design concepts

-The Company's future research and development plans include the following:

  • Improvement of HID and LED based lamps
  • Further application of HID high and low beam technology
  • Introduction of LEDs for use in license plate lamps
  • Introduction of head lamps with LED projectors
  • Introduction of head lamps with dual LED beam functions

Technological Alliance

-The Company has a technical partnership with Stanley Electric Co. Ltd.

Capital Expenditure

(in million INR)
FY ended Mar. 31, 2015 FY ended Mar. 31, 2014 FY ended Mar. 31, 2013
Overall 455.5 353.4 557.5

Investments in India

-The Company plans to invest INR 3,000 million for greenfield, brownfield, and capacity expansion projects through 2019. One project involves the launch of its production facility in Sanand, where the Company will invest approximately INR 400 million for infrastructure development. The Sanand plant is expected to be operational by the fiscal year ending March 2018. Since 2012, the Company has invested approximately INR 1,600 million in its production facilities in Bawal and Banglaore. (From a news article on November 28, 2014)

MarkLines Customer Support

9:00 a.m. - 5:30 p.m. Mon.-Fri. (excluding national holidays)
japan Japan
Roppongi, Minato-ku, Tokyo, Japan
+81-3-4241-3907
USA USA
Novi, Michigan, USA
+1-248-327-6987
MEX Mexico
León Guanajuato, Mexico
+52-477-796-0560
DEU Germany
Frankfurt am Main, Germany
+49-69–904-3870-0
CHN China (Shanghai)
Huangpu District, Shanghai, China
+86-21-6212-6562
infoshanghai@marklines.com
CHN China (Shenzhen)
Nanshan District, Shenzhen, Guangdong
+86-755-2267-1725
THA Thailand
Klongtoey, Bangkok, Thailand
+66-2-665-2840
IND India
Gurgaon, Haryana, India
+91-124-4048779