LUMAXTECH
Lumax Auto Technologies Limited
Each stock's 10,000-path forecast, rendered as light.
Lumax Auto Technologies Limited (LUMAXTECH) Stock Analysis & Case Study
Is LUMAXTECH a good buy? The data-driven verdict.
Lumax Auto Technologies Limited (LUMAXTECH) trades at ₹1,722,on the numbers it mixed signals, a Downstox Snapshot Score of 47/100.
On the numbers, Lumax Auto Technologies Limited (LUMAXTECH) mixed signals, a Downstox Snapshot Score of 47/100, weighing expensive at 41.4× earnings, ROE of 26.4%, 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.
LUMAXTECH fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How LUMAXTECH ranks against the 2,371 companies in our screener
- LUMAXTECH's market cap of 11,739 Cr ranks in the 77th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- LUMAXTECH's book value of ₹178 ranks in the 69th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- LUMAXTECH's promoter holding of 56.0% ranks in the 43rd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- LUMAXTECH's 3-year profit (PAT) growth of 43.0% ranks in the 80th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- LUMAXTECH's 3-year revenue growth of 38.0% ranks in the 90th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- LUMAXTECH's debt-to-equity ratio of 1.02x is lower than 14% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
Is LUMAXTECH overvalued? LUMAXTECH P/E vs peers
LUMAXTECH trades at 41.4× 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.
LUMAXTECH 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 LUMAXTECH history (31%/yr drift, 49%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| LUMAXTECH 2027 | ₹935 | ₹1,738 | ₹3,232 | +1% |
| LUMAXTECH 2028 | ₹719 | ₹1,754 | ₹4,280 | +2% |
| LUMAXTECH 2029 | ₹591 | ₹1,771 | ₹5,301 | +3% |
| LUMAXTECH 2030 | ₹502 | ₹1,787 | ₹6,357 | +4% |
| LUMAXTECH 2031 | ₹447 | ₹1,804 | ₹7,282 | +5% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability LUMAXTECH goes up, or doubles?
The bull case for LUMAXTECH
- LUMAXTECH's return on equity of 26.4% ranks in the 91st percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- LUMAXTECH's return on capital employed of 21.2% ranks in the 82nd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹5,301.
The bear case & risks
- LUMAXTECH's P/E of 41.4x is lower than 32% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- A steep 9.7× price-to-book means most of the value is intangible/expectations, not assets on the books.
- High historical volatility (49%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹591.
LUMAXTECH volatility & expected range, how bumpy is the ride?
Over the last 9.8 years LUMAXTECH compounded at 31%/year with annualized volatility of 49%. That volatility implies a 1-year 80% range of ₹935-₹3,232, the honest backbone behind any single price target.
LUMAXTECH price forecast, the full 60-month probability fan
LUMAXTECH 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 LUMAXTECH hits common targets within the simulated horizon?
Full multi-horizon detail on the LUMAXTECH price target & forecast page.
LUMAXTECH 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. LUMAXTECH scores 5/8, mixed financial health.
LUMAXTECH MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy LUMAXTECH with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 37.82% | 2.6× |
| Zerodha | 37.77% | 2.6× |
| Groww | 37.90% | 2.6× |
| Dhan | 37.77% | 2.6× |
| Kotak NeoCHEAPEST | 37.74% | 2.6× |
| Paytm Money | 38.06% | 2.6× |
| Pocketful | 38.37% | 2.6× |
| Anand Rathi | 37.77% | 2.6× |
| Bajaj Broking | 45.00% | 2.2× |
| Share India | 37.90% | 2.6× |
Compare every broker on the LUMAXTECH MTF page.
About Lumax Auto Technologies Limited: sector, index & market-cap context
Lumax Auto Technologies Limited (LUMAXTECH) is a small-cap NSE-listed company, with a market capitalisation of ₹11,739 Cr. See more stocks on our screener.
How the LUMAXTECH Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Lumax Auto Technologies 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.
LUMAXTECH analysis, FAQs
Is Lumax Auto Technologies Limited (LUMAXTECH) a good buy?
On the numbers, Lumax Auto Technologies Limited (LUMAXTECH) mixed signals, a Downstox Snapshot Score of 47/100, weighing expensive at 41.4× earnings, ROE of 26.4%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is LUMAXTECH overvalued or undervalued?
LUMAXTECH trades at 41.4× earnings, expensive versus the ~22× long-run Nifty average.
What is the LUMAXTECH share price target for 2031?
LUMAXTECH's probability-weighted 2031 median target is ₹1,804, with an 80% range of ₹447-₹7,282 (10,000-path Monte-Carlo).
What is the probability LUMAXTECH doubles in 5 years?
The modelled probability of LUMAXTECH reaching ₹3,445 (2×) within 5 years is 28%.
What is the bull case for LUMAXTECH?
LUMAXTECH's return on equity of 26.4% ranks in the 91st percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026. LUMAXTECH's return on capital employed of 21.2% ranks in the 82nd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
What are the risks in LUMAXTECH?
LUMAXTECH's P/E of 41.4x is lower than 32% of the 2,371 NSE companies in our screener, as of 8 Aug 2026. A steep 9.7× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (49%/yr) means a wide, bumpy range of outcomes, size positions accordingly.