Divgi TTS bags 5-year AWD order from Indian OEM, production from FY28

Divgi TorqTransfer Systems has locked in a strategic order from an existing Indian OEM for AWD system components across mid-sized and full-sized SUV variants. The contract covers an annual volume of 6,000 units over five years, with production kicking off in Q1 FY28. Divgi will supply Interactive Torque Management assemblies, Electronic Control Units, and Power Transfer Unit assemblies — all built on its proprietary NexTrac platform. This is the OEM's first front-wheel-drive-based AWD variant for internal combustion engine models. The order validates Divgi's end-to-end drivetrain integration and supports its raised revenue target of ₹2,000+ crore. But there's a catch: no monetary value was disclosed, and the production start is over a year away. Not yet a near-term earnings event. For now, it's a long-term visibility win that adds substance to the company's technology narrative, but the real test will come when the first unit rolls off the line — nearly 18 months from now.