Pandemic, lockdown, social distancing, crisis, disruption, restriction. Most of the discussions across the world have been focusing on these for the past few months now. Covid-19, the human health threat, has had far wider implications than we could earlier decipher. But we, at Lumax Auto Technologies Limited, are focussing on something else.
How we respond to a crisis says a lot about how we face challenges. It dictates how we let situations affect us. Covid-19 did impact us. But we decided to lift ourselves up and adapt to the new normal. We strategised and tried finding the new route. And so, this is what we did.
We focussed on our strengths even more and recreated products to continue being leaders and unleash more opportunities.
We regrouped our workforce and continued working while sticking to the new norms of workplace.
We reassessed our existing partnerships while looking for potential ones to bring in the benefit of synergy.
We worked harder and redefined our R&D capabilities to widen our portfolio.
Entities
TPM awarded facilities
Partnerships
Ultra-modern manufacturing facilities
Retail touch points
Revenue from Operations
Retail touch points over next three years
Human capital
After market exprience
EBITDA
Products | Share (%) | |
Aftermarket | 18 | |
Lighting | 13 | |
Moulded Parts | 30 | |
Chassis and Frames | 16 | |
Gear Shifter | 11 | |
Intake System | 4 | |
Other Miscellaneous | 8 |
Products | Share (%) | |
2/3 Wheelers | 48 | |
Passenger Vehicles | 20 | |
After Market | 18 | |
Commercial Vehicles | 7 | |
Others | 7 |
Products | Share (%) | |
Bajaj Auto | 37 | |
Lumax Industries | 10 | |
After Market | 18 | |
HMSI | 11 | |
MSIL | 7 | |
Toyota | 2 | |
LEAR | 2 | |
Others | 13 |
EBITDA: Earnings before interest,
tax, depreciation,
and amortisation
PAT: Profit after tax
An experience of over 3 decades combined with a rich legacy worth boasting of, Lumax Auto Technologies is a leading and full-service provider to India’s top Original Equipment Manufacturers (OEMs). The Company, with its collaborative approach, caters 2-wheeler (2W), 3-wheeler (3W), 4-wheeler (4W), and offroad vehicle segments. Operating through its wholly-owned subsidiaries and joint ventures, the Company has emerged as a manufacturer of wide range of products that include Lighting Module, Frame Chassis, Swing Arm & Trailing Arm, Integrated Plastic Modules, Gear Shifters & Shift Lever, Intake systems and Seat Frames, among others.
The Company, as an OEM supplier, enjoys a significant market share in the aftermarket space. Riding the waves of change, the Company’s robust research and development capabilities have managed to serve the growing and evolving needs of automotive industry through its BS VI compliance products.