Motilal Oswal Investment Advisors Ltd.
JM Financial Ltd.
Monarch Networth Capital Ltd.
Founded in 2005, Lumino Industries Ltd. is an Indian company that specializes in producing and delivering essential power infrastructure equipment. The firm focuses on manufacturing high-performance power cables, conductors, electrical wires, and advanced transmission products designed for efficient energy distribution.
The company operates through two primary divisions: production and turnkey project execution. Beyond manufacturing, it manages large-scale infrastructure projects including power grid upgrades, railway electrification, renewable solar energy installations, and water management. Lumino Industries caters to leading engineering firms within India while exporting to government power utilities and public sector enterprises across North America, Africa, and South Asia.
For the year/period ended (Rs. in Cr.)
| FY26 | FY25 | FY24 | |
|---|---|---|---|
| Total Revenue | 2089.31 | 1946.68 | 1424.63 |
| Profit After Tax | 160.00 | 124.59 | 86.61 |
| EPS | 6.57 | 5.11 | 3.56 |
| EBITDA Margin (%) | 11.71 | 11.62 | 10.31 |
| PAT Margin (%) | 7.66 | 6.40 | 6.08 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY26 |
Net Profits(Cr.) FY26 |
|---|---|---|---|---|---|---|
| Lumino Industries Ltd | 2497.34* | 82 | 3.50 | 15.62 | 2089.31 | 160 |
| Apar Industries Limited | 70639 | 16870 | 12.6 | 58.6 | 22902 | 977 |
| Bajel Projects Limited | 2209 | 191 | 2.90 | 81.9 | 2792 | 20 |
| Kalpataru Projects International Limited | 23909 | 1400 | 3.06 | 21.5 | 27143 | 1031 |
| KEC International Ltd | 11612 | 436 | 1.92 | 19.3 | 23506 | 606 |
*Market cap @upper band
The Company LUMINO INDUSTRIES LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO Rs. 82, the stock is valued at 15.62 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.