RACL Geartech transcript adds timelines to known wins
The June 12 call confirmed ₹512 cr revenue and laid out production dates for Royal Enfield, Kawasaki, and BMW EV projects. Nothing new on numbers.
— 4 earlier stories on RACL Geartech Ltd. →What's new
- Revenue grew 20% to ₹512 cr, matching prior guidance.
- Royal Enfield 350cc gear production to start Aug-Sep 2026.
- BMW EV gear projects Titan and Venus set for mass production in late 2026.
Why this matters
The transcript offers no surprises: the numbers were already disclosed. What it does is put dates on the order pipeline. Royal Enfield in two months, BMW EV by year-end. Execution risk remains the open question.
What we're watching
- Royal Enfield 350cc gear ramp from August.
- BMW EV gear mass production timelines in late 2026.
- Margin trends as export mix (75% of sales) continues.
The full read
RACL Geartech's transcript from the June 12 call adds production timelines to projects already announced. Revenue of ₹512 crore, up 20%, was no surprise; that was guided. 75% comes from exports, and the pipeline includes Royal Enfield's 350cc gear (August-September), Kawasaki Japan's 15 parts, and BMW EV gears (Titan, Venus) for late 2026. A new item: electric power steering contracts with ZF Rane for US trucks. The tone is steady, but this is a backward-looking record. The market already had the numbers. What changes the stock is execution on these projects, not the transcript.
Questions answered
- What was RACL Geartech's FY26 revenue?
- Consolidated revenue was ₹512 crore, up 20% year-on-year.
- When will the Royal Enfield gear project start production?
- Production for the 350cc motorcycle gear is expected to begin in August-September 2026.
- What are the BMW EV gear projects and their timelines?
- The Titan and Venus projects are slated for mass production in late 2026.
- What other new business wins were discussed?
- The company highlighted Kawasaki Japan's 15-part project and electric power steering contracts with ZF Rane for the US truck segment.
- What is the company's growth guidance?
- Management maintained its guidance of around 20% annual revenue growth.
- How much of the revenue comes from exports?
- Export revenue accounted for 75% of total sales, with Europe as the largest market.
RACL Geartech Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on RACLGEAR →- 17 Jun 2026 · 6:57 PM IST RACL Geartech transcript adds timelines to known wins
- 24d ago RACL Geartech guides ₹565 cr FY27 revenue, new project timelines in focus
- 24d ago RACL Geartech lands global OEM contracts, enters new segments
- 41d ago RACL Geartech confirms FY26 results with no new surprises
- 41d ago RACL Geartech profit jumps 83% as exports lift earnings