The wider adoption of LEDs unlocks huge potential Canada Goose

Lumax Industries stands to gain from LED push

Canada Goose online As a lighting uk canada goose outlet solutions provider to automobiles,Lumax Industries (Lumax) has market leadership, marquee clients in its kitty. Withits focus on developing technologically advanced products and adoption of LED based products, it has improved earnings visibility, too. Canada Goose online

canada goose coats on sale While unaffected by EV disruption, Lumax is trading at reasonable valuations and, therefore, beckons investors’ attention. canada goose coats on sale

Lumax has a major presence in the end to end lighting solutions that cater to almost all major two wheelers, commercial and Canada Goose online passenger buy canada goose jacket vehicle manufacturers cheap Canada Goose in India and overseas. The company has a leadership position in the canada goose store space with 60 percent share. Major products include head lamps and tail lamps, auxiliary lamps and other related products. The companies’ products have been well received by both OEMs and after market.

canadian goose jacket Ideas for Profit: LEDs continue to light up fortunes of Lumax and Fiem Industries canadian goose jacket

This expert has an investment tip for wine lovers: ‘Invest only the amount that you can afford to drink’

Canada Goose Jackets As Kerala floods wreak havoc, these 5 bank and NBFC stocks are likely to be impacted the most Canada Goose Jackets

canada goose In terms of percentage of total revenues, Maruti is the largest client with 31 percent share followed by Honda Motorcycle and Scooter India (HMSI) with 12 percent share. Top 7 customers generate around 79 percent of the total revenues. canada goose

Ahead of competition

Canada Goose sale Lumax has a strong financial and technical collaboration with Stanley Electric Company (Stanley), Japan, which is a world leader in cheap canada goose uk vehicle lighting and illumination products for automobiles. Stanley Electric is the only global auto lighting company to manufacture LEDs worldwide. Canada Goose sale

The collaboration with Stanley has been over three decades old and the Lumax gets strong cutting edge technology from them that keeps canada goose black friday sale Lumax ahead of the competition. Apart from that, the company also has in house research and development facilities and a design studio that help Canada Goose Parka it in canada goose coats working on innovative products.

LED a game canada goose factory sale changer

Canada Goose Parka The increasing adoption of LEDs by the original manufacturers would offer great opportunities for Lumax as LEDs require technical expertise and Lumax gets desired support from Stanley. Canada Goose Parka

As per the management, LED products are expensive compared to the conventional products and are high margin products for the company. The wider adoption of LEDs unlocks huge potential Canada Goose Jackets for the company both in terms of sales growth and margin expansion. The management indicated that despite higher prices, the OEMs are willing to shift to these products as these are more efficient products uk canada goose and Canada Goose Outlet improve the styling appearance of vehicles.

Canada Goose Outlet Moreover, the government’s decision to make ‘automatic headlamp on (AHO)’ in two wheelers from canada goose uk outlet 2017 would provide an additional kick to the growth. Also, BS VI norms to be implemented by 2020 would require https://www.canadagoosejacketsoutsale.com the vehicles to be more energy efficient which would lead Canada Goose Online to the adoption of LEDs as a lot of energy would be saved by those lighting products. Canada Goose Outlet

buy canada goose jacket The management in the last conference call Canada Goose Coats On Sale mentioned that they are aggressively focusing on LED canada goose clearance products and they had around 25 canada goose clearance sale percent of revenues coming from LEDs in 1Q18, up from 5 percent at the end of FY17. The management believes that they will bring the share of LED based product to 40 50 percent of total revenues by 2020. buy canada goose jacket

Industry tailwinds, unaffected by move towards EV

buy canada goose jacket cheap Auto companies had a bumpy ride in FY17, as demonetization and BS IV implementation impacted sales. Now GST led de stocking affected the companies. Things are returning to normalcy and re stocking has started as is evident from the auto canada goose outlet sales monthly numbers for the last two months. This will augur well for Lumax, being the largest player in the auto lighting space. buy canada goose jacket cheap

canada goose store Moreover, Lumax is unaffected by canada goose uk black friday the EV disruption, going forward, as canadian goose jacket the products it makes are immune to EV adoption. canada goose store

canada goose clearance Robust growth in SL Lumax canada goose clearance

SL Lumax is an associated company of Lumax’s with 21.28 percent holding. SL Lumax provides high margin products such as lamps, chassis parts, mirrors and gear shifters mainly to its largest client Hyundai. SL Lumax has recently got an increase of contracts aggregating Rs 15 crore canada goose from Hyundai, which will strengthen its revenues and margin further.

canada goose deals Ownership lends comfort canada goose deals

canada goose clearance sale Promoters have their skin in the buy canada goose jacket cheap game and hold 73.5 percent of the total shares in the company and the remaining is held by the public. In promoters, DKJ family holds 36 percent and Stanley holds 37.5 percent. High promoter stake lends comfort to the investors. canada goose clearance sale

canada goose black friday sale Product and segment mix canada goose black friday sale

canada goose coats Lumax generates most of its revenues from front lighting (68 percent of total) and from passenger vehicle segment (64 percent of total). Going forward, with LED based higher margin canada goose coats on sale products having around 40 50 percent portion of revenues, the margin is expected to expand further canada goose coats.

Updated: 28 августа, 2018 — 5:21 дп

Добавить комментарий

Ваш адрес email не будет опубликован. Обязательные поля помечены *

Оборудование, посуда, инвентарь для баров, ресторанов, кафе, пищевых производств и магазинов. © 2014