AI Summary
✦ ClarthaLumax Industries is an automotive components manufacturer supplying lighting and electronic systems to vehicle makers. Automotive lighting, including LED lamps, headlamps, tail lamps, fog lamps, and auxiliary lamps, drives its core revenue. Electronic components serve passenger vehicles, commercial vehicles, two-wheelers, and tractors. Its customer base spans original equipment manufacturers across these vehicle categories. No major recent development provides a clear incremental catalyst for margins or growth, despite 23.6% revenue growth. Profit rose 23.3%, while improving margins indicate favorable operating leverage and earnings conversion. ROE stands at 20.4%, but debt-to-equity of 106.06 implies substantial leverage amplifies shareholder returns and financial risk. At 31.3 times earnings, the stock appears rich relative to its growth rate, with valuation pricing in continued execution. The key open question is whether margin improvement can persist without further balance-sheet pressure.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 3 analysts
Fundamentals
Fundamentals institutional score is 95 using EVA spread proxy 8.4%; growth durability 99.6.
Valuation
Valuation institutional score is 22 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 89 using mean target upside 19.0%; dispersion penalty 3.5; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 21 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. fundamentals and analyst consensus provide support, while valuation and technical structure remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 115.3% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.88). Confidence: 62%.
Live forward EPS implies next-12-month EPS of ₹331.70. Applying the stock's normalized valuation corridor produces a fair range of ₹4,215.91 to ₹8,677.27, with base value near ₹4,829.55 (-14.6% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹331.70
Forward P/E
17.1x
Base Fair Value
₹4,829.55
Fair Range
₹4,215.91 - ₹8,677.27
Upside To Base
-14.6%
Estimate Source
Live forward EPS
Growth Estimate
+23.0%
5Y Average
14.55
Current
31.35
Overvalued
26.16
Undervalued
12.71
5Y Average
7.49
Current
15.77
Overvalued
8.56
Undervalued
4.47
5Y Average
0.60
Current
1.26
Overvalued
0.69
Undervalued
0.51
Peers & Comparison
Sector: Consumer Discretionary · Theme: Auto Parts
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
FIEM INDUSTRIES LIMITED FIEMINDAuto Parts | +17.4% | 9.2% | 26.2x Undervalued | -36% vs avg | +42.3% |
JAMNA AUTO IND LTD JAMNAAUTOAuto Parts | +6.7% | 8.8% | 22.3x Undervalued | -46% vs avg | +62.2% |
BELRISE INDUSTRIES LTD BELRISEAuto Parts | +12.1% | 5.2% | 43.5x Fair | +6% vs avg | +86.2% |
BANCO PRODUCTS (I) LTD BANCOINDIAAuto Parts | +25.6% | 12.4% | 19.5x Undervalued | -52% vs avg | +14.2% |
MINDA CORPORATION LTD MINDACORPAuto Parts | +29.0% | 5.8% | 48.8x Premium | +19% vs avg | +57.0% |
CIE AUTOMOTIVE INDIA LTD CIEINDIAAuto Parts | +10.6% | 5.7% | 17.3x Undervalued | -58% vs avg | +3.3% |
JBM AUTO LIMITED JBMAAuto Parts | +15.0% | 3.6% | 67.5x Premium | +65% vs avg | +9.3% |
GABRIEL INDIA LTD GABRIELAuto Parts | +29.8% | 5.2% | 83.0x Premium | +102% vs avg | +48.0% |
LUMAX INDUSTRIES LTD trades at a discount (30.6x vs peer avg 41.0x), suggesting potential undervaluation relative to the Auto Parts cohort. Peers include FIEM INDUSTRIES LIMITED, JAMNA AUTO IND LTD, BELRISE INDUSTRIES LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.22K CrJun 2026Latest net profit
₹52 CrJun 2026Latest EPS
₹55.62Jun 2026Net margin
9.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 618 | 644 | 632 | 743 | 766 | 812 | 887 | 923 | 923 | 1,009 | 1,053 | 1,200 | 1,223 |
| Expenses + | 567 | 589 | 574 | 678 | 709 | 754 | 816 | 846 | 842 | 921 | 944 | 1,078 | 1,115 |
| Operating Profit | 51 | 54 | 58 | 65 | 57 | 58 | 71 | 78 | 80 | 88 | 109 | 123 | 108 |
| OPM % | 8% | 8% | 9% | 9% | 7% | 7% | 8% | 8% | 9% | 9% | 10% | 10% | 9% |
| Other Income + | 3 | 2 | 28 | 5 | 12 | 3 | 1 | 16 | 3 | 2 | 8 | -1 | 16 |
| Interest | 10 | 11 | 13 | 14 | 16 | 19 | 19 | 17 | 18 | 19 | 18 | 18 | 18 |
| Depreciation | 21 | 21 | 23 | 26 | 26 | 26 | 27 | 33 | 31 | 36 | 38 | 44 | 42 |
| Profit before tax | 23 | 24 | 50 | 29 | 27 | 15 | 26 | 43 | 34 | 35 | 61 | 59 | 65 |
| Tax % | 35% | 34% | 27% | 36% | 26% | 15% | 15% | 16% | 25% | 26% | 16% | 26% | 20% |
| Net Profit + | 15 | 16 | 36 | 19 | 20 | 13 | 22 | 36 | 25 | 26 | 51 | 44 | 52 |
| EPS in Rs | 15.89 | 17.11 | 38.91 | 20.19 | 21.34 | 13.88 | 23.75 | 38.93 | 27.18 | 27.59 | 54.95 | 47.00 | 55.62 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Press Release / Media Release