About Lux Industries Limited

Lux Industries Limited, incorporated on July 21, 1995, is a Kolkata-headquartered manufacturer and seller of knitted apparel with a portfolio spanning innerwear, outerwear, loungewear, sleepwear, thermals, rainwear, and athleisure, marketed across India and exported to 46 countries through MBOs, EBOs, and digital platforms. The Company operates 9 plants and 18 offices in India, serving 28 States and 8 Union Territories, with exports contributing 6.9% of turnover in FY 2024–25 and total national locations of 27. Lux holds ISO 9001:2015 certification and Star Export House recognition, reflecting a focus on quality and exports; renewable energy meets about 8–10% of electricity demand after expanding solar capacity from 1 MW to 1.7 MW via installations at Dankuni, Tiruppur, and Avinashi in FY 2024–25. The Company has one subsidiary, Artimas Fashions Private Limited, acquired on May 25, 2017, with 50.97% shareholding; FY 2024–25 subsidiary highlights include turnover of Rs 15.31 crore and profit after tax of Rs 1.58 crore on total assets of Rs 16.57 crore and liabilities of Rs 48.29 crore. A long history in organized innerwear, Lux continues to strengthen distribution and brand building while investing in automation, energy efficiency, and imported advanced machinery for knitting, sewing, cutting, and printing to improve quality and reduce waste. Foreign exchange earnings in FY 2024–25 were Rs 175.72 crore, with an outgo of Rs 27.08 crore, and the entity maintains robust governance and committee structures aligned with SEBI LODR and Companies Act requirements.

Lux Industries Limited Business segments

• The Company reports its principal activity as manufacturing and sale of knitted apparel, including hosiery products, accounting for 100% of turnover; the report does not disclose multi-segment revenue percentages by vertical.

• Domestic vs. international split is disclosed only as exports being 6.9% of total turnover in FY 2024–25; no further country-level revenue breakdown beyond presence in 46 countries is provided in the report.

Lux Industries Limited Key Management

• Ashok Kumar Todi — Chairman (Executive, Non-Independent).

• Pradip Kumar Todi — Managing Director (Executive, Non-Independent).

• Navin Kumar Todi — Executive Director/Whole-time Director.

• Rahul Kumar Todi — Executive Director/Whole-time Director.

• Saket Todi — Executive Director/Whole-time Director.

• Udit Todi — Executive Director/Whole-time Director.

• Ajay Nagar — Chief Financial Officer.

• Smita Mishra — Company Secretary and Compliance Officer.

Latest updates on Lux Industries Limited

• Solar capacity expanded from 1 MW to 1.7 MW with new 400 kW (Tiruppur) and 300 kW (Avinashi) rooftop installations; renewables supply about 8–10% of power.

• Postal ballot concluded June 22, 2024 regularised appointments of Independent Directors: Shashi Sharma, Sadhu Ram Bansal, and Kumud Chandra Paricha Patnaik for terms through March 31, 2027.

• AGM on September 26, 2024 approved re-appointment of Pradip Kumar Todi as Managing Director and addition of Articles clause 290A for Waiver of Dividend.

• Senior management changes: resignations of Udai Kumar Agarwal (COO) effective August 31, 2024; Debraj S. Roy (Head-HR) on November 4, 2024; Amit Kumar Goel (AVP Finance) on November 16, 2024; and Bibekananda Maity (CIO) on February 27, 2025.

• Continued export footprint with sales to Middle East, Africa, Australia, and Southeast Asia; FY 2024–25 forex earnings Rs 175.72 crore.