Auto components maker reports 20 per cent revenue growth in Q1FY27 and plans fresh investments to expand capacity across automotive, aerospace, wind energy and defence
The company expects exports to contribute 35 per cent of FY27 revenue as demand improves in North America and Europe, helping absorb newly created manufacturing capacity
The reforms of 1991 not only enhanced car buyers' choices but also helped put Indian manufacturing on the global map
The auto components maker aims to replicate the ten-fold growth achieved over the past decade, backed by robotics, physical AI, acquisitions and new mobility technologies
The revenue of listed auto ancillary companies grew at a compound annual growth rate (CAGR) of 11 per cent during FY16-26, according to a report by Equirus Securities. Sectoral revenues during the period rose nearly three-fold to about Rs 5 lakh crore during the period, according to the report. It noted that exports have more than tripled over the past decade and have emerged as an important contributor to industry growth alongside rising vehicle content and premiumisation trends. The sector entered FY27 with its strongest balance sheet position in a decade, it said, adding net debt-to-EBITDA improved to 0.18 times in FY26 from 0.49 times in FY22, aided by stronger cash flows, lower leverage and better working capital management. The report, titled "Ten Years of Growth, Three Lessons and Where to Look Next", which was released recently, analyses the performance of 52 listed auto ancillary companies and outlines key themes expected to shape the sector's growth trajectory over ...
Operating margins of auto component makers are expected to decline by up to 150 basis points this fiscal year as higher raw material and freight costs weigh on profitability, according to Crisil
Tyre and auto-component makers raise prices as raw material and energy inflation erodes margins
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Leadership reshuffle sees Venu Srinivasan return as chairman and MD after R Gopalan steps down, with recent CEO transition also reshaping the company's top management
Segment has outperformed the Nifty Auto index so far this year
Samvardhana Motherson's share price was trading 4.2 per cent higher at ₹134.85 compared to the previous session's close of ₹129.43 on the NSE
India's engineering exports to the US are set to regain momentum after reciprocal tariffs were cut to 18%, with auto component makers expected to benefit the most
Investments are increasingly driven by electric vehicles, safety systems and higher electronics content per vehicle, even as export-focused firms remain cautious amid global trade uncertainty
SBI Securities expects Pricol's revenue, Ebitda, and PAT to grow at 31 per cent, 33 per cent, and 36 per cent CAGR, respectively, over FY25-27
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Hero Motors aims to raise ₹1,200 crore through its maiden public issue, comprising a fresh issue of ₹800 crore and an offer for sale (OFS) of ₹400 crore
Precision Camshafts rallied 14% to ₹250.85 in Tuesday's intra-day trade, with a combined 26.6 million shares representing 28% of total equity of the company have changed hands till 11:33 AM.
Since the start of CY2025, policymakers have announced a slew of measures, including income tax cuts, repo rate cuts along with CRR cuts, and GST reforms to revive consumer demand
SAMIL's consolidated net profit fell 48.5 per cent year-on-year (Y-o-Y) to ₹512 crore against ₹994 crore in the year-ago period, dragged by softer margins and higher costs.
Auto parts firm sees record revenue and EBITDA; export challenges persist amid geopolitical headwinds