Remsons Industries Ltd

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1025.00-22.20 (-2.12%)

02:03 PM,4th Mar 2024

1022.00-19.10 (-1.83%)

02:10 PM,4th Mar 2024

BSE : 530919


Sector : Auto

ISIN Code : INE474C01015

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Last Updated: Mar 04 2024 | 02:10 PM IST

Market Cap (₹ Cr)


Turnover (₹ Cr)


Volume (Shares)


Face Value


52-WK High


52-WK High Date

02 Mar 2024

52-WK Low


52-WK Low Date

28 Mar 2023

All Time High


All Time High Date

02 Mar 2024

All Time Low


All Time Low Date

23 Jan 2014

Remsons Industries Ltd

Remsons Industries Limited (RIL) was incorporated in May '71 earlier known as Remsons Cables and went public in 1986. It was promoted by Vishwa Prakash Harlalka and his family. The Company is engaged in the manufacture of Auto Control Cables and Gear Shift Mechanisms with Push Pull Cables. It is one of the major suppliers to the Automobile Manufacturers like Tata Motors Hero Honda Maruti Suzuki Mahindra & Mahindra Piaggio General Motors India TVS Suzuki etc.RIL manufactures control cables for the automobile and general engineering industries and for two-wheelers. It also makes brake liners and brake shoes Gear Shifters for automobiles. Manufacturing operations are carried out in Bombay Daman Pune and Gurgaon. It has developed its own in-house technology. It introduced friction-free control cables in India. The company's products are exported to US Europe the UK Holland Egypt New Zealand and Srilanka. The promoters came out with an open offer for the sale of equity shares at a premium of Rs 40 in May '95 for re-deploying the proceeds to meet the cost of modernisation and expansion. RIL started a new unit at Pardi Gujarat. Company has initiated measures for ISO 9002 Certification.In 1997-98 it increased the installed capacity of its auto control cables and auto brake shoes to 26500000 nos and 4000000 nos respectively.The company has designed and developed control cables for electric cars and is a supplier to Bangalore based Reva Electric Car Company Private Limited. In 2000-01 the company appointed Mr John Glover as its 'Technical Consultant. During 2001-02 the Components division has launched Gas Guarda Gas leak detectorwhich is being accepted well in the market.During 2005-06 three companies namely Daman Auto Industries Limited Rems Auto Engineers Limited and Remsons Auto Industries Private Limited were amalgamated with the Company w.e.f. April 1 2005. The Company allotted 1032857 equity shares on 4 December 2006 pursuant to the Scheme of Amalgamation. The New Equity Shares allotted upon the Scheme of Amalgamation got listed with The Bombay Stock Exchange Limited (BSE) and The National Stock Exchange of India Limited (NSE) from November 2007.The Company shifted its two Mumbai Units to Daman in order to consolidate its operations and avail economies of scale by centralizing more units under one roof in 2008. It started a Joint Venture with M/s Orscheln Products LL.C. USA and a Company in the name and style of Orscheln Remsons Technologies Private Limited' was incorporated on January 1 2008.In 2010-11 a new Unit at Plot No 647/1A (Golden House) started operations from November 2010 modernization & expansion of another Unit at Plot No A2/3 & A2/4 (Diamond House) was also completed and resulting to this the Unit became operational. The Company opened marketing and technical support office in USA and Europe in 2018-19. Magal Cables Ltd. UK part of Arlington Group and the Company's first Global Production Unit was acquired in October 2020. The Company incorporated one more Wholly Owned Subsidiary namely Remsons UK Ltd. on 10 November 2020. However the Company transferred and disposed of their entire holding in Remsons UK Ltd. UK on 9 March 2021; consequently the said Remsons UK Ltd. ceased to be the wholly owned subsidiary.In 2022 it opened new state-of-the-art facility at Chakan Pune.

Remsons Industries Ltd - Key Fundamentals

Market Cap (₹ Cr)


EPS - TTM (₹) [S]


P/E Ratio (X) [S]


Face Value (₹) 10
Latest Dividend (%)15.00
Latest Dividend Date 08 Sep 2023
Dividend Yield (%) 0.14
Book Value Share (₹) [S]77.96
P/B Ratio (₹) [S]13.15
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High



Week Low/High



Month Low/High



Year Low/High



All time Low/High



Share Price Returns

1 Week2.51%2.03%1.611.25%
1 Month24.24%22.75%2.602.49%
3 Month53.68%53.19%7.408.27%
6 Month143.99%144.25%12.7014.69%
1 Year367.82%368.89%23.6627.30%
3 Year617.79%608.36%45.4648.52%

Company Info

Company Information

Chairman & Managing Director : K Kejriwal

Whole-time Director : C Kejriwal

Whole-time Director : Rahul Kejriwal

Non Executive Director : Anil Kumar Aggarwal

Independent Non Exe. Director : Paresh Navnitlal Bhagat

Independent Non Exe. Director : Visalakshi Sridhar

Independent Non Exe. Director : Shishir Dalal

Independent Non Exe. Director : Suresh Rao

Registered Office: 88 B Govt Indl Estate, Kandivli (West),Mumbai,Maharashtra-400067 Ph: 91-022-28683883