Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹290Cr
Auto Ancillaries - Sheet Metal
Rev Gr TTM
Revenue Growth TTM
11.76%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

AUTOIND
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | -20.9 | -16.9 | -3.7 | 0.2 | 27.4 | 1.2 | -3.2 | 1.5 | 2.9 | 0.6 | 10.8 | 34.2 |
| 142 | 139 | 149 | 141 | 172 | 135 | 141 | 139 | 175 | 138 | 156 | 190 |
Operating Profit Operating ProfitCr |
| 4.5 | 7.0 | 7.6 | 8.1 | 9.3 | 10.5 | 9.8 | 10.8 | 10.4 | 8.9 | 9.8 | 9.4 |
Other Income Other IncomeCr | -3 | 0 | 0 | 0 | 1 | 1 | 1 | -2 | 1 | 7 | 1 | 1 |
Interest Expense Interest ExpenseCr | 6 | 6 | 5 | 5 | 7 | 7 | 7 | 9 | 9 | 9 | 10 | 10 |
Depreciation DepreciationCr | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 5 | 5 |
| -6 | 1 | 4 | 4 | 8 | 5 | 5 | 1 | 8 | 7 | 3 | 5 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 6 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | -164.3 | -26.7 | -67.9 | -6.5 | 229.3 | 319.8 | 48.0 | -75.7 | -15.5 | -90.4 | -43.3 | 373.5 |
| -4.0 | 0.8 | 2.0 | 2.7 | 4.1 | 3.5 | 3.1 | 0.7 | 3.3 | 0.3 | 1.6 | 2.3 |
| -1.5 | 0.3 | 0.8 | 1.1 | 1.8 | 1.4 | 1.3 | 0.3 | 1.5 | 0.1 | 0.6 | 1.1 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| -25.2 | -38.6 | 15.4 | 7.1 | 17.6 | -30.1 | -10.0 | 99.7 | 14.3 | 0.7 | 0.7 | 10.8 |
| 512 | 312 | 354 | 388 | 445 | 329 | 276 | 522 | 611 | 602 | 590 | 659 |
Operating Profit Operating ProfitCr |
| -1.0 | -0.4 | 1.5 | -0.8 | 1.6 | -4.0 | 3.0 | 8.1 | 5.9 | 8.0 | 10.4 | 9.7 |
Other Income Other IncomeCr | 7 | 16 | -30 | 10 | 46 | -1 | 2 | 7 | 12 | 2 | 1 | 11 |
Interest Expense Interest ExpenseCr | 32 | 27 | 37 | 37 | 38 | 31 | 32 | 26 | 22 | 23 | 32 | 39 |
Depreciation DepreciationCr | 28 | 25 | 23 | 22 | 21 | 21 | 20 | 20 | 18 | 14 | 18 | 21 |
| -56 | -39 | -84 | -52 | -5 | -66 | -42 | 8 | 11 | 18 | 19 | 22 |
| 1 | 0 | -13 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 7 |
|
| -42.8 | 31.6 | -84.2 | 27.2 | 90.5 | -1,234.5 | 36.6 | 118.4 | 37.0 | 58.4 | 8.5 | -19.2 |
| -11.3 | -12.6 | -20.0 | -13.6 | -1.1 | -20.9 | -14.7 | 1.4 | 1.6 | 2.5 | 2.8 | 2.0 |
| -45.5 | -30.9 | -50.3 | -29.1 | -2.3 | -24.4 | -14.5 | 2.1 | 2.7 | 4.1 | 4.4 | 3.3 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 12 | 13 | 16 | 21 | 27 | 27 | 31 | 38 | 39 | 39 | 43 | 45 |
| 147 | 113 | 58 | 47 | 78 | 12 | -10 | 21 | 35 | 53 | 104 | 127 |
Current Liabilities Current LiabilitiesCr | 157 | 163 | 212 | 207 | 268 | 278 | 276 | 332 | 265 | 319 | 410 | 330 |
Non Current Liabilities Non Current LiabilitiesCr | 141 | 150 | 161 | 159 | 89 | 51 | 67 | 30 | 35 | 121 | 195 | 133 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 215 | 223 | 235 | 236 | 283 | 203 | 224 | 299 | 258 | 199 | 245 | 246 |
Non Current Assets Non Current AssetsCr | 301 | 277 | 272 | 261 | 243 | 228 | 202 | 188 | 181 | 376 | 513 | 375 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 69 | -16 | 44 | -17 | 19 | 23 | 7 | -53 | 76 | 11 | 66 |
Investing Cash Flow Investing Cash FlowCr | 7 | 19 | -5 | 7 | 4 | -3 | 0 | 5 | 2 | -51 | -115 |
Financing Cash Flow Financing Cash FlowCr | -76 | -3 | -40 | 13 | -25 | -19 | -7 | 47 | -79 | 52 | 62 |
|
Free Cash Flow Free Cash FlowCr | 85 | -4 | 39 | -8 | 12 | 22 | 7 | -55 | 84 | -80 | -85 |
| -121.0 | 40.8 | -61.8 | 33.0 | -380.7 | -34.3 | -15.7 | -684.9 | 725.3 | 64.6 | 365.3 |
CFO To EBITDA CFO To EBITDA% | -1,367.9 | 1,175.4 | 801.6 | 568.6 | 253.0 | -179.8 | 76.7 | -113.8 | 198.2 | 20.7 | 96.6 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 74 | 49 | 90 | 130 | 140 | 27 | 126 | 204 | 276 | 447 | 302 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 26.4 | 24.9 | 27.3 | 16.7 |
Price To Sales Price To Sales | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | 0.1 | 0.4 | 0.4 | 0.4 | 0.7 | 0.5 |
Price To Book Price To Book | 0.5 | 0.4 | 1.2 | 2.0 | 1.3 | 0.7 | 6.2 | 3.5 | 3.8 | 4.9 | 2.1 |
| -49.2 | -169.6 | 50.0 | -104.4 | 35.3 | -10.7 | 37.0 | 9.4 | 11.5 | 12.0 | 8.2 |
Profitability Ratios Profitability Ratios |
| 28.0 | 29.6 | 30.4 | 28.8 | 29.3 | 26.7 | 33.7 | 29.8 | 25.1 | 29.6 | 33.8 |
| -1.0 | -0.4 | 1.5 | -0.8 | 1.6 | -4.0 | 3.0 | 8.1 | 5.9 | 8.0 | 10.4 |
| -11.3 | -12.6 | -20.0 | -13.6 | -1.1 | -20.9 | -14.7 | 1.4 | 1.6 | 2.5 | 2.8 |
| -7.0 | -3.7 | -18.0 | -5.9 | 14.0 | -22.8 | -4.5 | 11.3 | 13.2 | 14.3 | 11.8 |
| -35.8 | -31.0 | -97.2 | -77.0 | -4.7 | -169.2 | -197.2 | 13.1 | 14.2 | 18.2 | 12.3 |
| -11.1 | -7.8 | -14.2 | -10.5 | -0.9 | -15.3 | -9.8 | 1.6 | 2.4 | 2.9 | 2.4 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Autoline Industries Limited, established in 1996 and headquartered in Pune, is a leading Indian manufacturer of precision sheet metal components, assemblies, and sub-assemblies for global automotive OEMs. Evolving from a traditional auto-ancillary player into a technology-driven, diversified engineering and manufacturing enterprise, the company now spans core automotive, electric mobility, tooling, and clean energy sectors. With **six advanced manufacturing facilities** across Maharashtra, Karnataka, Uttarakhand, Gujarat, and Tamil Nadu, and an annual steel processing capacity of **120,000 metric tons**, Autoline serves over 3,000 SKUs to key OEMs including **Tata Motors, Mahindra & Mahindra, Volkswagen, Ford, Daimler India, Ashok Leyland, and Cummins USA**.
---
### **Core Competencies & Operations**
#### **1. Engineering & Design Leadership (via ADSL)**
Autoline Design Software Limited (ADSL), a wholly-owned subsidiary incorporated in 2006–2007, functions as the group’s **technology and innovation hub**. It offers end-to-end "Art to Part" engineering services through:
- **Advanced design & modeling** (using CATIA, NX, Creo, Hypermesh)
- **BIW (Body-in-White) design**, reverse engineering, rapid prototyping
- **Lightweighting solutions**, sun-roof systems, pedal assemblies, and EV-ready component design
- **Patented innovations**, particularly in crash-safe pedal systems (e.g., 5th percentile female foot compatibility)
- Support for global OEMs including **General Motors, Ford, Tata Motors, Mahindra, and Daimler**
- Development of EV powertrains and charging components
ADSL has filed patent applications through its **U.S. subsidiary**, reinforcing its global IP creation strategy.
#### **2. Precision Manufacturing & Tooling**
- Operates one of **Pune’s largest press shops and tool rooms** (60,000 sq. ft.), including a **2,000T hydraulic press**
- Houses the **largest commercial tool room in Pune**, equipped with **5-axis 3D laser cutters**, advanced CNC machines, and presses up to 1000T
- Offers **press tool design, jigs & fixtures development, and tool validation** for internal and external clients
- **Industry 4.0-enabled facilities** with robotic automation, IoT, AI-driven systems, and real-time analytics
#### **3. Product Portfolio**
Autoline manufactures over 3,000 products across vehicle segments:
- **Sheet metal components**: Floor panels, door shells, A-pillars, roof reinforcements, load bodies, battery trays
- **Mechanical assemblies**: Pedal systems, parking brakes, door hinges, cab tilt mechanisms
- **Exhaust systems**, tubular structures, and **large stamped assemblies** (up to 400 kg)
- **A-class dies** and **welded BIW substructures**
---
### **Strategic Diversification & Growth Initiatives**
#### **1. Electric Mobility (via AEMPL)**
Autoline E-Mobility Private Limited (AEMPL), incorporated in March 2022, leads the company’s strategic entry into **e-mobility and micromobility**.
- **E-Cycles**: 8 variants under the **'e-speed'** brand (24", 26", 27.5"), ARAI-certified, eligible for Delhi EV subsidies
- Available via **PAN India dealer network (75+ dealers)** and e-commerce platforms (Amazon, Flipkart)
- Fully designed and manufactured in-house at Bhosari, Pune
- **E-Scooters**: Three-phase market entry plan
- **FY26**: Launch low-speed, white-labeled models
- **FY27**: Launch high-speed, indigenous scooters with external/integrated battery options
- 95% **indigenized design**, in-house styling, chassis, and powertrain integration
- Strategic alignment with **AIS-156 and PLI scheme** for regulatory and cost compliance
- Distribution via **multi-brand EV retail stores** and cross-selling with e-cycle portfolio
#### **2. Clean Energy & Solar**
- Supplies **solar frame assemblies, aluminum extrusions, and solar tracker base structures** to clients like **Tata Power, Mahindra Solarize, and HCT Sun**
- Aims to grow solar & energy solutions to **20% of total revenue by FY26**
- Commissioning a **7.5 MW open-access solar plant** by FY24 to reduce energy costs and meet ESG goals
#### **3. Non-Automotive Expansion**
- **Railways**: Through **Autoline Locomotive Parts LLP (65% owned)**, supplying bogie frames, coach interiors, and structural components
- Orders from RCF, ICF; expected to contribute **10–15% of revenue from FY25**
- **Construction Equipment & Industrial Sectors**: Supplying components to **Caterpillar, Atlas Copco, JCB, Sany, Hyundai Construction**
- **Defense, aerospace, and white goods** via precision fabrication and design capabilities
---
### **Strategic Investments & Capacity Expansion**
#### **1. Chakan, Pune Facility (Future Growth Engine)**
- **₹60 crore investment** in a **robotic press line (500T–1000T)** with **AI-driven automation**, large bed sizes (3,700 x 2,000 mm)
- New **60,000 sq. ft. building** commissioned by Nov 2024
- Expected to generate **₹250 crore in revenue over the next 3 years**
- Industry 4.0-integrated: real-time data analytics, robotics, smart manufacturing
#### **2. Sanand, Gujarat Facility**
- Built to serve **Tata Motors and non-Tata OEMs**, supporting EV and CNG platforms
- **Commissioned in April 2024**, now operational with **tandem press lines, robotic welding cells (20+ robots)**
- Expansion underway: Adding 25 spot welding robots, 6 MIG robots, and 19 welding cells
- Key factor in securing **₹30 crore annual order from M&M** for Scorpio/3XO platforms
#### **3. Digital & ERP Transformation**
- Deployed **SAP S/4HANA** enterprise platform
- Cloud-based systems and digital dashboards enabling data-driven decision-making
- Focus on **operational efficiency, supply chain optimization, and margin enhancement**
---
### **Market Position & Strategic Advantages**
- **Long-standing relationships** with Tier-1 OEMs; recognized as **‘Top 5 Vendor 2023’ by Tata Motors Passenger Vehicles**
- **Reduced customer concentration**: Diversified revenue base with new wins from **Hyundai, Mahindra, MG, Suzuki, Euler Motors, and Pure EV**
- **Global quality standards**: 5 of 6 facilities certified under **ISO/TS 16949 or IATF 16949**
- **Technology differentiation**: Proprietary designs, rapid prototyping, full vertical integration (design-to-part)
- **Robust order book** across auto components, tooling, and non-automotive divisions
---
### **Financial & Strategic Developments**
- **Revenue**: ₹566 crore in FY23, with **14% YoY growth despite sector headwinds**
- Raised **₹48.82 crore** via preferential allotment (Sep 2024) to support growth and capex
- **Divested majority stake in AIPL** (real estate arm) to **MNSC Realty**, realizing ₹44 crore advance; improves balance sheet and liquidity
- **Credit rating upgraded (Sep 2024 & Jun 2025)** due to stronger cash accruals and asset monetization
- Anticipates demand boost from **GST reduction (28% to 18%)** in auto components and **repo rate cuts**
---
### **Growth Strategy (2025–2027)**
1. **Expand EV footprint**: Scale e-bicycle sales, launch low- and high-speed e-scooters, build **PAN India distributor network**
2. **Raise capital** for R&D, new product development, and geographic expansion
3. **Scale exports** in Europe and Middle East, focusing on **high-margin assembled products**
4. **Enhance automation** to improve utilization, reduce lead times, and boost margins
5. **Execute multi-phase market penetration** for e-scooters, leveraging existing brand and dealer base
6. **Develop an in-house, state-of-the-art technology center** for EV and solar innovation
---