Lumino's Q1 margin beats Industrials median by 1.78 points
Consolidated net profit was Rs 40.17 cr, with Rs 5.19 cr of other income and a 26.11% tax rate.
Filed 21 Sep 2026, 20:10 IST · after market close · Lumino Industries Ltd (LUMINO)
Key takeaways
- Lumino’s consolidated operating margin of 13.59% was 1.78 percentage points above the 11.81% median for 283 Industrials peers.
- Net profit was Rs 40.17 cr, with other income of Rs 5.19 cr and interest expense of Rs 17.24 cr shaping the result.
- The stock fell 4.49% in the initial session after the results, with the filing made after market close.
Price around the results
Q1FY27 profitability came with a peer-margin lead
Lumino reported consolidated operating profit of Rs 70.88 cr on revenue of Rs 521.43 cr, translating into a 13.59% operating margin. That was 1.78 percentage points above the 11.81% median among 283 Industrials companies that had reported the quarter. Profit before tax was Rs 54.37 cr, while net profit was Rs 40.17 cr.
Interest and other income mattered to reported profit
Interest expense was Rs 17.24 cr, a sizeable charge against operating profit of Rs 70.88 cr. Other income contributed Rs 5.19 cr to profit before tax, so the reported result was not based only on operating earnings. The tax rate was 26.11%.
The first market response was negative
The stock fell 4.49% in the first session after the results and was down 7.90% after five sessions. The filing was made after market close on 21 Sep 2026, so the measured response began on the following trading day. There is no supplied history here to judge whether that move was usual for Lumino.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹521 cr |
| Other income | ₹5 cr |
| Expenses | ₹451 cr |
| Operating profit | ₹71 cr |
| Operating margin (%) | 13.59% |
| Interest | ₹17 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹54 cr |
| Tax | ₹14 cr |
| Net profit | ₹40 cr |
| EPS (₹) | ₹1.65 |
Operating margin of 13.59% compares with a Industrials sector median of 11.81% across 283 peers that have reported Q1FY27.
How the stock reacted
| Window | Stock | vs NIFTY |
|---|---|---|
| Results day | -4.49% | -4.13% |
| Next session | -3.05% | — |
| 5 sessions | -7.90% | -4.92% |
Volume on the results session was 0.53× its 20-day average.
What to watch
- Whether operating margin holds above 13.59% in the next reported quarter.
- Whether interest expense remains close to Rs 17.24 cr.
- Whether other income stays near Rs 5.19 cr or becomes a smaller part of profit before tax.