Auto Ancillary
60 recent notes from companies in this sector. 20 companies tracked.
Raymond hires ex-BEL chief to lead defence push
Former BEL CMD Bhanu Prakash Srivastava, who tripled BEL's market cap and won ₹55,000 crore in orders, will lead Raymond's defence business. The move signals long-term ambition but lacks immediate financial targets.
Talbros Engineering buys ₹25 cr property in Pithampur for expansion
The 40,000 sq ft industrial property costs roughly 7% of its market cap, signalling a tangible step to scale operations.
TVS Holdings puts ₹176 cr more into Home Credit India; stake stays at 80%
The NBFC arm is profitable again, but the ₹176 cr infusion is just 0.63% of TVS Holdings' market cap and smaller than an earlier ₹526.79 cr injection.
Shivam Autotech approves ₹120 cr rights issue to shore up balance sheet
The board's approval of a ₹120 crore rights issue, equivalent to more than half the company's market cap, is a critical step to address negative net worth and going-concern risks.
Hindustan Composites sells 84% of revenue in ₹370 cr slump sale to Rane Group
The company is selling its core friction business for ₹370 crore, which generated 84% of FY26 turnover. Rane (Madras) will acquire; proceeds partly to fund a special dividend.
Rane Madras buys Hindustan Composites' friction unit for ₹370 cr
The acquisition creates India's largest friction materials platform with combined revenue over ₹1,000 cr, spanning passenger vehicles, two-wheelers, railways, and aftermarket.
ZF Steering signs tech pact with Chinese firm for EHPAS
Micro-cap auto ancillary enters preliminary framework with Hubei Tri-Ring to develop electric hydraulic power steering in India. No financial terms disclosed; non-binding.
Shivam Autotech to mull rights issue as losses mount
The board will meet July 1 to consider a rights issue or other fundraise. The company has negative net worth and recently raised ₹120 cr via debentures.
Endurance sells tiny Italian software arm for up to €7.5M
Veicoli Srl contributed just 0.22% of consolidated revenue; deal maxes out at about ₹70 crore. A strategic tidy-up, not a needle-mover.
Precision Camshafts transcript confirms ₹1,500 cr order book, EV platform live
Q4 earnings call transcript adds no new information beyond the live event; capex of ₹100-120 cr and Solapur plant commissioning were already disclosed.
Ebix (ex-Eraaya) gets ED attachment order over FPI investments
Provisional attachment under PMLA, but company says neither it nor promoters are accused of any predicate offence. Operations continue normally.
IP Rings buys JV's ₹39 cr exhaust biz for Re. 1
IP Rings acquires the manufacturing division of its joint venture via slump sale at a nominal price, adding roughly a quarter of its market cap in annual revenue.
Precision Camshafts locks in ₹1,500 cr order book, but faces 50% aluminum cost spike
Q4 concall reveals EV heavy-commercial vehicle MOU worth ₹60-70 cr annualised; ₹100-120 cr capex planned. Management expects margin normalization in 2-3 quarters.
Divgi TTS bags 5-year AWD order from Indian OEM, production from FY28
Divgi TTS wins 5-year AWD order from Indian OEM for SUV components, production from Q1 FY28. No value disclosed. Approximately 6,000 units/year.
Autofurnish's FY26 revenue grows 14% but profit stays flat after listing
The auto accessories maker reported standalone revenue of ₹36.86 crore, yet net profit was virtually unchanged at ₹3.21 crore. The company listed on BSE SME in late May.
Carraro India's supply chain chief resigns as input costs pinch
Vijay Raman steps down effective June 19 after submitting resignation on April 22, a 59-day gap in disclosure. Departure follows a recent guidance downgrade.
Saint-Gobain Sekurit gets a new CFO in a smooth handover
CFO Senthil Nathan resigns for family reasons; Vidya Shankar, a 16-year group veteran, steps in three days later. No other material reasons cited.
JBM Auto's e-bus arm lands ₹750 cr investment from Motilal Oswal
Growth capital to deploy 2,000 e-buses, taking fleet to 5,000 units within a year. Largest EV investment by an Indian investor.
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.
Steel Strips Wheels pays ₹1.7 cr Customs notice before it's even issued
The show-cause notice for duty drawback and RoDTEP violations is for a negligible 0.05% of market cap. Company says no financial liability remains.
Sandhar's auto COO steps down; internal successor named
Vikas Puri moves aside as COO of the automotive business but stays on as key managerial personnel. Som Prakash Kamboj, an internal veteran, takes the role on an interim basis, a clean handover for a ₹4,286 cr auto ancillaries maker.
Auto Pins CFO quits after just three months on the job
Pradeep Singh Chauhan resigned effective immediately on June 13, barely 90 days after his appointment. The nano-cap auto ancillary company now has no CFO, raising governance and financial oversight risks.
Kranti gets ECLGS loan from HDFC, amount undisclosed
The working capital loan under the government-backed scheme lacks a disclosed quantum, making its materiality unclear for the ₹75-crore nano-cap.
RACL Geartech guides ₹565 cr FY27 revenue, new project timelines in focus
Management sees 10% revenue growth to ₹565 cr, led by new orders from Royal Enfield, Kawasaki, and BMW. Q4 revenue jumped 48%; net profit surged. Exports at 75% of sales.
RACL Geartech lands global OEM contracts, enters new segments
Four new nominations from Royal Enfield, Kawasaki, ZF, and BRP Canada expand revenue visibility and product lines for the ₹1,475 cr auto ancillary firm.
PPAP Automotive partners with Hutchinson for body-sealing tech
The nano-cap auto-parts maker will use Hutchinson's licensed know-how to make advanced sealing systems for Indian passenger vehicles.
Tenneco's full-year margin hits 18.8% record as DaVinci suspension attracts new OEMs
EBITDA margin reached 18.8% of value-added revenue, up from 14.3% two years ago. DaVinci suspension and a new bearings business are driving the product mix shift.
Him Teknoforge posts 29% profit growth. The news is it's not news.
The nano-cap auto-parts maker's press release reiterates already-disclosed FY26 results. Revenue rose 8% to ₹435.2 crore.
Fiem is breaking into cars. It just gave its first numbers.
Record FY26 results are old news. The new story is a ₹100-150 crore four-wheeler revenue target for FY27, backed by Mahindra & Mahindra orders and a management reshuffle.
Lumax Auto plans full JOPP exit, targets 20% annual growth
Record ₹4,870 cr revenue and a ₹1,450 cr three-year order book set the stage. Management is now reshaping the portfolio.
SSWL sets ₹650 cr EBITDA target for FY27, plans ₹500 cr Bhuj plant
Management guided for a profit of about ₹300 per wheel on near-full capacity. A new aluminium facility is on track for year-end trials.
Lumax margins hit 9.8% as LED pipeline swells to ₹2,200 cr
The auto-lighting maker's FY26 revenue grew 23% and the order book is now almost half of annual sales. Management is guiding double-digit margins for FY27.
Rajratan's outlook turns stable. But it's not a real upgrade.
ICRA lifted the negative outlook, confirming a better credit path. The base rating that actually sets borrowing costs stayed the same.
Triton Valves bets on double-digit growth, but Chinese dumping hits climate control
Management guides for strong volume growth in automotive and metals for FY27, but warns climate control faces headwinds from Chinese imports.
Rico Auto's revenue hits ₹2,477 cr. The real play is a ₹100 cr railway push.
The auto-component maker posted its best-ever year, but a 25x scaling target in railways is the higher-risk bet.
Shanthi Gears names Sudhir R as new CFO after March exit
The Coimbatore-based gear maker has filled a key leadership vacancy left open for nearly three months. The new CFO is a CA with two decades of experience, including a prior CFO role.
Kranti hits ₹100 cr revenue for the first time. Defense will take longer.
The nano-cap engineer returned to profit in FY26 after crossing a revenue milestone. Its new Jaipur plant is guided to add ₹12-14 cr this year.
Gabriel India files its Q4 concall transcript. It adds nothing.
A routine filing. The written record of the May 28 call contains no new numbers or guidance.
SJS Enterprises lands its first ESG rating—and it's the highest CARE offers
A top-tier CareEdge-ESG 1 score puts the mid-cap decal maker on the radar for funds that filter by ESG credentials.
Tenneco's DaVinci suspension wins three more OEMs, order book covers FY28
A record 18.8% EBITDA margin in FY26 rests on the DaVinci DCX system, which is now expanding to multiple new customers. The ₹1,400 crore capex push is for factories to feed exports and upcoming regulations.
Eraaya's lawsuit dismissed after plaintiff can't produce FCCB docs.
The Commercial Court at Dwarka returned the plaint and vacated its orders. The company says the ruling has no financial impact.
Varroc signs Tolyy deal to build digital cockpits in India
The partnership lets Varroc localize display manufacturing for global vehicle platforms, but project-specific fees and volumes remain to be negotiated.
Kranti cuts Jaipur plant guidance by 40%, walks back defense target
The precision-engineering firm hit ₹100 cr revenue for the first time in FY25, but management scaled back growth plans for its new plant and a key new segment in the same breath.
Fiem guides ₹100-150 cr from four-wheelers in FY27 after record year
The auto-components maker hit all-time highs on revenue and profit in FY26, and is now funding a push into car parts with ₹200 cr in capex.
Rico Auto guides for ₹3,000 cr FY25 revenue after record ₹2,477 cr in FY24
The auto-components maker expects 25% topline growth, a margin recovery above 10.25%, and a massive ramp-up in its new railway business.
Tenneco Clean Air India posts record 18.8% EBITDA margin in Q4
Tenneco Clean Air India reports a 19% jump in quarterly profit as value-added revenue climbed 17.5% year-on-year.
Machino profit crumbles 85% on costs, even as revenue climbs 27%
Input costs and finance charges ate the topline growth at the nano-cap plastics maker. A ₹97 cr land revaluation padded the balance sheet, but the debt is real.
New Swan Multitech files H2 FY26 results. They are routine.
Audited results for the half year ended March 31, 2026, carry a clean opinion. The filing is a compliance exercise.
Fiem posts 24% profit growth, hikes dividend 33% to ₹40
Standalone profit rose to ₹253.9 crore for FY26. The board accepted the CEO's resignation and completed a management reshuffle among the founding family.
Kinetic Engineering plans to triple EV dealerships to 50 by June
The auto-component maker reported ₹158 cr in annual revenue and is scaling its electric-vehicle retail footprint aggressively.
Kranti Industries posts ₹1.56 cr profit, swinging from a loss
Consolidated revenue crossed ₹100 crore, up 28.5%, as the company recovered from a ₹3.08 cr net loss last year.
Lumax Auto profits up 47% as it merges two units and pivots to systems
Record ₹4,870 crore revenue and ₹337 crore profit in FY26. The company is also consolidating its structure and changing its business model.
Lumax Auto profit surges 47% to ₹337 cr, buys out last FAE stake
Full-year earnings grew faster than sales, suggesting tighter cost control. The board also bought the remaining 16% of its oxygen-sensor subsidiary for ₹1.92 crore.
Munjal Showa profit falls 24% as labor costs bite. It's paying out nearly all of it.
A ₹2.20 cr exceptional charge for gratuity updates and higher voluntary retirement costs crushed margins. The board is returning ₹18 cr to shareholders anyway.
Akar Auto profit craters 86% as Q4 swings to a loss
The auto-component maker's full-year net profit fell to ₹92.18 lakhs from ₹6.45 crores, and the fourth quarter posted a ₹49.28 lakh loss.
Triton Valves pushes back TPMS launch and merger timeline
Annual revenue rose 18% to ₹578 crore, but the NCLT amalgamation and mass production of tire sensors are now delayed.
Lumax takes full control of sensor venture, backs JV with ₹36 cr guarantee
The auto-components maker delivered strong FY26 results and a ₹5.50 dividend, but the boardroom moves matter more.
Varroc Engineering delays debt-free target by one year
Management raised FY27 capex guidance to ₹450-500 crore, citing a record ₹3,300 crore order book that is 65% electric vehicle-linked.
UCAL posts ₹99.6 cr quarterly loss after US subsidiary stake sale
A one-time charge of ₹103.7 crore from the fair valuation of UCAL Holdings Inc. pushed the company into a deep standalone loss for the March quarter.
Porwal Auto Components profit jumps on unexplained other income
Profit after tax climbed to ₹992.51 lacs for FY26, up from ₹16.09 lacs, as other income rose to ₹819.53 lacs.