Price
Financials
Standalone, Rs crore| Jun 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|
| Sales | 437 | 712 | 521 |
| Expenses | 384 | 622 | 451 |
| Operating Profit | 53 | 90 | 71 |
| OPM % | 12% | 13% | 14% |
| Other Income | 10 | 18 | 5 |
| Interest | 19 | 22 | 17 |
| Depreciation | 4 | 4 | 4 |
| Profit before tax | 40 | 82 | 54 |
| Tax % | 24% | 19% | 26% |
| Net Profit | 30 | 66 | 40 |
| EPS in Rs | 1.25 | 2.73 | 1.65 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 897 | 527 | 604 | 1,400 | 1,915 | 2,040 |
| Expenses | 752 | 475 | 544 | 1,243 | 1,682 | 1,787 |
| Operating Profit | 145 | 52 | 60 | 157 | 234 | 253 |
| OPM % | 16% | 10% | 10% | 11% | 12% | 12% |
| Other Income | 8 | 18 | 14 | 17 | 29 | 48 |
| Interest | 36 | 29 | 22 | 48 | 77 | 80 |
| Depreciation | 7 | 7 | 6 | 10 | 16 | 16 |
| Profit before tax | 110 | 35 | 46 | 116 | 169 | 205 |
| Tax % | 28% | 12% | 14% | 25% | 26% | 22% |
| Net Profit | 79 | 31 | 39 | 87 | 125 | 160 |
| EPS in Rs | 30.38 | 11.80 | 21.54 | 28.49 | 5.14 | 6.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 31% | % | 7% | ||
| Compounded Profit Growth | % | 39% | % | 28% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | % | 23% | 25% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 26 | 26 | 18 | 30 | 122 | 122 |
| Reserves | 245 | 271 | 319 | 416 | 449 | 608 |
| Borrowings | 234 | 166 | 200 | 458 | 438 | 401 |
| Other Liabilities | 353 | 290 | 143 | 272 | 711 | 1,044 |
| Total Liabilities | 858 | 754 | 681 | 1,175 | 1,719 | 2,175 |
| Fixed Assets | 25 | 21 | 18 | 58 | 75 | 80 |
| CWIP | 0 | 0 | 5 | 5 | 11 | 48 |
| Investments | 37 | 21 | 25 | 87 | 36 | 24 |
| Other Assets | 796 | 711 | 632 | 1,026 | 1,597 | 2,023 |
| Total Assets | 858 | 754 | 681 | 1,175 | 1,719 | 2,175 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -48 | 99 | -53 | -92 | -239 | 156 |
| Cash from Investing Activity | 23 | -4 | 43 | -4 | -13 | -41 |
| Cash from Financing Activity | 27 | -97 | 11 | 99 | 311 | -102 |
| Net Cash Flow | 3 | -2 | 1 | 3 | 60 | 14 |
| Free Cash Flow | -54 | 97 | -63 | -113 | -288 | 104 |
| CFO/OP | 6% | 203% | -83% | -42% | -83% | 91% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 190 | 283 | 242 | 120 | 137 | 160 |
| Inventory Days | 111 | 209 | 68 | 90 | 98 | 120 |
| Days Payable | 71 | 100 | 41 | 68 | 81 | 130 |
| Cash Conversion Cycle | 230 | 393 | 269 | 141 | 154 | 151 |
| Working Capital Days | 50 | 135 | 160 | 43 | 36 | 51 |
| ROCE % | 13% | 13% | 26% | 27% |
| Sep 2026 | |
|---|---|
| Promoters | 71.97% |
| FIIs | 1.66% |
| DIIs | 11.19% |
| Public | 15.18% |
| No. of Shareholders | 1,67,498 |
Fundamentals
Market Cap₹ 3,179 Cr.
Current Price₹ 104
Stock P/E18.7
Book Value₹
ROCE26.6 %
ROE24.6 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)28%
Standalone figures.
Valuation
Market capRs 2,937 Cr
Enterprise valueRs 3,014 Cr
P/E (TTM)95.16x
Price to book9.88x
Price to sales5.57x
EV / EBITDA43.02x
EV / EBIT47.44x
EV / sales5.72x
Price to cash flow29.82x
Earnings yield1.05%
Profitability
Operating margin (excl. other income)9.88%
Operating margin (incl. other income)13.30%
EBITDA margin13.30%
Pre-tax margin6.65%
Net profit margin5.86%
ROE10.85%
ROCE13.11%
ROA3.83%
ROIC (approx.)14.98%
Tax rate11.82%
Other income / net worth6.05%
Growth
Sales growth (latest year)-41.24%
Profit growth (latest year)-61.14%
Per share
EPS (TTM)Rs 1.01
EPS (latest year)Rs 11.80
Book value per shareRs 9.77
Sales per shareRs 17.31
Cash flow per shareRs 3.24
Free cash flow per shareRs 3.42
Efficiency
Asset turnover0.70x
Fixed asset turnover25.09x
Inventory turnover1.78x
Inventory days205 days
Debtor days283 days
Debtors turnover1.29x
Creditor days130 days
Cash conversion cycle151 days
Working capital days51 days
Leverage
Total debtRs 166 Cr
Cash and bankRs 90 Cr
Net debtRs 77 Cr
Debt to equity0.56x
Net debt / EBITDA1.09x
Interest coverage2.23x
Owners' fund to total sources39.46%
Debt to assets22.05%
Cash flow
Cash from Operating Activity (latest year)Rs 99 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs -97 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 104 Cr
FCFE (approx.: FCF + change in debt)Rs 37 Cr
Cash from ops / profit, 5 years-0.29x
Sales to cash flow5.35x
Statement figures
Net sales (TTM)Rs 527 Cr
Net sales (latest year)Rs 527 Cr
Operating profit excl. other income (latest year)Rs 52 Cr
Other income (TTM)Rs 18 Cr
EBITDA (TTM)Rs 70 Cr
PBDT (TTM)Rs 42 Cr
Profit before tax (TTM)Rs 35 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 31 Cr
Net profit (latest year)Rs 31 Cr
Depreciation (TTM)Rs 7 Cr
Interest (TTM)Rs 29 Cr
Cost of goods sold (latest year)Rs 270 Cr
Total expenditure (latest year)Rs 475 Cr
Total income (latest year)Rs 545 Cr
Share capitalRs 26 Cr
ReservesRs 271 Cr
Shareholders' fundsRs 297 Cr
Total assetsRs 754 Cr
Net blockRs 21 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 21 Cr
ReceivablesRs 409 Cr
InventoryRs 151 Cr
Other liabilitiesRs 290 Cr
Shares outstanding (crore)30.45
Ownership
Promoter holding71.97%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | LUMINO | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -10.0% | -2.8% | -7.2 pts |
20 mutual fund schemes hold about ₹139 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| HDFC Infrastructure Fund | 0.64% | 15 | |
| Kotak Special Opportunities Fund | 0.59% | 10 | |
| Kotak Rural Opportunities Fund | 1.32% | 10 | |
| Kotak Contra Fund | 0.18% | 10 | |
| Bandhan Balanced Advantage Fund | 0.44% | 10 | |
| Bandhan Small Cap Fund | 0.03% | 10 | |
| Kotak Manufacture in India Fund | 0.32% | 9 | |
| HDFC Manufacturing Fund | 0.08% | 8 | |
| Bank of India Mid Cap Fund | 0.78% | 6 | |
| HDFC Business Cycle Fund | 0.19% | 5 | |
| HDFC Value Fund | 0.07% | 5 | |
| HDFC Innovation Fund | 0.17% | 5 | |
| HDFC Large & Mid Cap Fund | 0.02% | 5 | |
| Motilal Oswal Large Cap Fund | 0.16% | 5 | |
| Motilal Oswal Contra Fund | 1.12% | 5 | |
| Kotak Energy Opportunities Fund | 1.82% | 5 | |
| Motilal Oswal Special Opportunities Fund | 5.41% | 5 | |
| Motilal Oswal Innovation Opportunities Fund | 0.63% | 4 | |
| JM Large & Mid Cap Fund | 0.54% | 2 | |
| JM Value Fund | 0.31% | 2 |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was 46% of net profit over the last 2 years |
| explain | Receivables outrunning sales Receivables grew -13% vs sales -41% in 2026 |
| look | Profit leans on other income Other income was 51% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
No quarterly results published.
Activity
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No bulk or block deals on record.
No corporate actions on record.
| Date | Type | What it says |
|---|---|---|
| 2026-09-21 | Press Release | A press release dated September 21, 2026, titled "Press Release on Financial Results for quarter ended June 30, 2026". |
| 2026-09-21 | Board meeting outcome | Lumino Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026. |
| 2026-09-12 | Credit Rating- Revision | Credit Rating- Revision |
| 2026-09-08 | Updates | Intimation under Regulation 30(5) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.