Lumino Industries delivered robust first-quarter results with consolidated net profit rising 32.40% year-on-year to ₹40.17 crore compared with ₹30.34 crore in the previous year. According to the company's latest financial disclosure, revenue from operations grew 19.29% to ₹521.43 crore from ₹437.11 crore year-ago. The company's Operating EBITDA increased 34.2% to ₹58.83 crore from ₹43.84 crore, with Operating EBITDA margin expanding to 13.56% compared with 12.05% in the corresponding period last year. Earnings per share improved to ₹1.65 from ₹1.25, representing a 32% increase year-on-year. Profit after tax margin stood at 7.6% for the quarter.
The company's diversified business model showed strong growth across segments, with the EPC segment significantly outpacing manufacturing performance. As reported in the latest financial results, manufacturing business revenue increased 6.5% to ₹371 crore, while the engineering, procurement and construction (EPC) business reported revenue of ₹150 crore, up 70% year-on-year. The EPC segment's exceptional growth of 70% significantly outpaced the manufacturing segment's more modest 6.5% increase, demonstrating the company's successful integration of infrastructure capabilities. Manufacturing segment Operating EBITDA was ₹49 crore, up 21.2% year-on-year, with EBITDA margin improving to 13.3% from 11.7% in Q1 FY26. EPC delivered ₹21 crore in Operating EBITDA, up 78.7% year-on-year, with EBITDA margin at 14.1%, up 70 basis points year-on-year.
Lumino Industries maintained a strong order book position with manufacturing order book at ₹1,046 crore and EPC order book at ₹2,013 crore. According to the company's latest disclosure, order inflows of ₹176 crore during the quarter took the company's total order book to ₹3,059 crore as of June 30, 2026, down 2.9% year-on-year. Key orders secured during the quarter included an extra-high voltage substation order from Haryana Vidyut Prasaran Nigam Ltd. The order book comprised ₹1,046 crore from Manufacturing and ₹2,013 crore from EPC, highlighting the company's balanced portfolio across both segments.
The company is executing an ambitious capacity expansion at its Ranihati facility to significantly boost production capabilities. As reported in the latest financial results, Lumino Industries is developing the facility to add 35,000 MT of capacity across three phases. The first 10,000 MT is targeted to commence operations in the second half of FY27, followed by approximately 11,000 MT in Q3 FY28 and approximately 14,000 MT in Q1 FY29. Upon completion, the company's total installed capacity will increase from 40,000 MT to 75,000 MT. This expansion plan will increase capacity across existing product categories and add the capability to produce HT power cables up to 66 kV. The strategic priority will be to use the additional capacity to increase the contribution from specialised conductors and cables, including products for higher-voltage applications.
Lumino Industries shares demonstrated positive market performance following the strong quarterly results. As per Upstox market data, LUMINO INDUSTRIES LIMITED share price closed at ₹113.36 on September 21, 2026, up from the previous close of ₹111.52. The stock opened at ₹112.19 and traded in a range of ₹110.56 to ₹115.00 during the session, with an average price of ₹112.78. Over the past 52 weeks, the stock has touched a low of ₹98.05 and a high of ₹122.00, reflecting significant volatility. The stock has shown positive momentum with 2.76% gains over the last six months and 2.76% year-on-year growth, indicating sustained investor confidence in the company's growth trajectory.
