SL Lumax Limited Company Profile

Background

SL Lumax Limited, established in 1997, is a prominent manufacturer of automotive components, specializing in lamp assemblies, chassis, mirrors, and front-end modules. As an associate company of Lumax Industries Limited, SL Lumax benefits from the combined expertise and resources of the Lumax Group, a leading automotive conglomerate in India. The company's mission is to deliver high-quality, innovative automotive solutions that enhance vehicle performance and safety, thereby contributing significantly to the automotive industry's advancement.

Key Strategic Focus

SL Lumax's strategic focus encompasses:

• Product Diversification: Offering a comprehensive range of automotive components, including lighting systems, chassis parts, and mirrors, to meet diverse customer needs.

• Technological Advancement: Leveraging cutting-edge technologies to develop innovative products that align with evolving automotive trends.

• Market Expansion: Strengthening its presence in both domestic and international markets by catering to major Original Equipment Manufacturers (OEMs) and exploring new business opportunities.

Financials and Funding

As of March 2024, SL Lumax Limited reported:

• Total Revenue: ₹2,727.7 crore, marking an 11.25% increase from the previous year.

• EBITDA: ₹406.2 crore, reflecting a 34.0% growth.

• Net Profit: ₹273.6 crore, a 40.0% rise.

• Net Worth: ₹802.3 crore, up by 22.69%.

The company's authorized share capital stands at ₹16.00 crore, with a paid-up capital of ₹15.50 crore.

Pipeline Development

SL Lumax is committed to continuous product development, focusing on:

• Advanced Lighting Systems: Developing LED headlamps, tail lamps, and adaptive driving beam systems to enhance vehicle safety and aesthetics.

• Integrated Modules: Creating front-end modules and mirror assemblies that incorporate advanced features for improved functionality.

Technological Platform and Innovation

SL Lumax distinguishes itself through:

• Proprietary Technologies: Utilizing in-house developed technologies for manufacturing high-quality automotive components.

• Scientific Methodologies: Implementing rigorous testing and quality control processes to ensure product reliability and performance.

Leadership Team

The leadership team at SL Lumax Limited includes:

• Deepak Jain: Director with 13 years of tenure.

• Anmol Jain: Director with 3 years of tenure.

• Raju Bhauso Ketkale: Director with 1 year of tenure.

• Sang Yup Lee: Director with 9 years of tenure.

• Raman Prabhakar: Director with 4 years of tenure.

• Sunghyuck An: Director with 4 years of tenure.

• Tae Sung Lee: Managing Director with 4 years of tenure.

• Min Seok Kim: Director with 3 years of tenure.

• Pothugunta Swetha: Director with 2 years of tenure.

• Murugan: Chief Financial Officer with 2 years of tenure.

• Sundaresan Sankar: Company Secretary with 7 years of tenure.

Competitor Profile

Market Insights and Dynamics

The automotive components industry is characterized by rapid technological advancements and increasing demand for innovative solutions. SL Lumax operates in a competitive landscape, striving to maintain and expand its market share through continuous innovation and quality enhancement.

Competitor Analysis

Key competitors include:

• Hyundai Mobis: Specializes in automotive modules and parts, offering a wide range of products to global OEMs.

• Valeo: A global automotive supplier providing a variety of components, including lighting systems and wiper systems.

• Hella: Known for its expertise in automotive lighting and electronics, serving major automotive manufacturers worldwide.

Strategic Collaborations and Partnerships

SL Lumax Limited is an associate company of Lumax Industries Limited, which has a technical and financial collaboration with Stanley Electric Company Ltd., Japan. This partnership enhances SL Lumax's technological capabilities and product offerings.

Operational Insights

SL Lumax's strategic considerations include:

• Quality Assurance: Maintaining high standards to meet customer expectations and regulatory requirements.

• Supply Chain Optimization: Streamlining operations to ensure timely delivery and cost efficiency.

• Customer Focus: Building strong relationships with OEMs to understand and fulfill their specific needs.

Strategic Opportunities and Future Directions

Looking ahead, SL Lumax aims to:

• Expand Product Portfolio: Introduce new and advanced automotive components to cater to emerging market demands.

• Enhance Technological Capabilities: Invest in research and development to stay at the forefront of automotive innovation.

• Strengthen Market Position: Explore new markets and strengthen existing relationships to increase market share.

Contact Information

For more information, visit the official website.