LUMAXIND
Lumax Industries Limited
Each stock's 10,000-path forecast, rendered as light.
Lumax Industries Limited (LUMAXIND) Stock Analysis & Case Study
Is LUMAXIND a good buy? The data-driven verdict.
Lumax Industries Limited (LUMAXIND) trades at ₹5,792,on the numbers it mixed signals, a Downstox Snapshot Score of 54/100.
On the numbers, Lumax Industries Limited (LUMAXIND) mixed signals, a Downstox Snapshot Score of 54/100, weighing premium at 29.1× earnings, ROE of 22.0%, a 51% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
LUMAXIND fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How LUMAXIND ranks against the 2,373 companies in our screener
- LUMAXIND's market cap of 5,415 Cr ranks in the 67th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- LUMAXIND's book value of ₹982 ranks in the top 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- LUMAXIND's promoter holding of 75.0% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- LUMAXIND's 3-year profit (PAT) growth of 21.0% ranks in the 58th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- LUMAXIND's 3-year revenue growth of 22.0% ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- LUMAXIND's debt-to-equity ratio of 1.06x is lower than 13% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is LUMAXIND overvalued? LUMAXIND P/E vs peers
LUMAXIND trades at 29.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
LUMAXIND share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of LUMAXIND history (21%/yr drift, 44%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| LUMAXIND 2027 | ₹3,387 | ₹5,893 | ₹10,254 | +2% |
| LUMAXIND 2028 | ₹2,722 | ₹5,997 | ₹13,213 | +4% |
| LUMAXIND 2029 | ₹2,318 | ₹6,102 | ₹16,064 | +5% |
| LUMAXIND 2030 | ₹2,048 | ₹6,209 | ₹18,824 | +7% |
| LUMAXIND 2031 | ₹1,856 | ₹6,319 | ₹21,513 | +9% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability LUMAXIND goes up, or doubles?
The bull case for LUMAXIND
- LUMAXIND's return on equity of 22.0% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹16,064.
The bear case & risks
- LUMAXIND's P/E of 26.9x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹2,318.
LUMAXIND volatility & expected range, how bumpy is the ride?
Over the last 9.8 years LUMAXIND compounded at 21%/year with annualized volatility of 44%. That volatility implies a 1-year 80% range of ₹3,387-₹10,254, the honest backbone behind any single price target.
LUMAXIND price forecast, the full 60-month probability fan
LUMAXIND price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds LUMAXIND hits common targets within the simulated horizon?
Full multi-horizon detail on the LUMAXIND price target & forecast page.
LUMAXIND Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. LUMAXIND scores 5/8, mixed financial health.
LUMAXIND MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy LUMAXIND with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 36.57% | 2.7× |
| ZerodhaCHEAPEST | 36.51% | 2.7× |
| Groww | 36.69% | 2.7× |
| DhanCHEAPEST | 36.51% | 2.7× |
| Kotak Neo | 36.63% | 2.7× |
| Paytm Money | 36.69% | 2.7× |
| Pocketful | 36.77% | 2.7× |
| Anand RathiCHEAPEST | 36.51% | 2.7× |
| Bajaj Broking | 42.00% | 2.4× |
| Share India | 36.69% | 2.7× |
Compare every broker on the LUMAXIND MTF page.
About Lumax Industries Limited: sector, index & market-cap context
Lumax Industries Limited (LUMAXIND) is a small-cap NSE-listed company, with a market capitalisation of ₹5,415 Cr. See more stocks on our screener.
How the LUMAXIND Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Lumax Industries Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
LUMAXIND analysis, FAQs
Is Lumax Industries Limited (LUMAXIND) a good buy?
On the numbers, Lumax Industries Limited (LUMAXIND) mixed signals, a Downstox Snapshot Score of 54/100, weighing premium at 29.1× earnings, ROE of 22.0%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is LUMAXIND overvalued or undervalued?
LUMAXIND trades at 29.1× earnings, premium versus the ~22× long-run Nifty average.
What is the LUMAXIND share price target for 2031?
LUMAXIND's probability-weighted 2031 median target is ₹6,319, with an 80% range of ₹1,856-₹21,513 (10,000-path Monte-Carlo).
What is the probability LUMAXIND doubles in 5 years?
The modelled probability of LUMAXIND reaching ₹11,583 (2×) within 5 years is 26%.
What is the bull case for LUMAXIND?
LUMAXIND's return on equity of 22.0% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in LUMAXIND?
LUMAXIND's P/E of 26.9x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.