OBSC Perfection is a precision metal-bender that has turned a single machining shop into a factory floor holding eight different ways to shape steel and aluminium - all under one roof. Born in 2017 as a one-process CNC job shop in Pune, it spent the next nine years bolting on casting, hot forging, cold forging and stamping, one process at a time, so that it could stop selling individual parts and start selling complete sub-assemblies. That recurring approach - buy or build a new process, cross-sell it to every customer who already buys something else, and climb the value chain from component to assembly - is the logic behind everything the company does. # Business segments A single precision-engineering engine, organised around two customer worlds - automotive and non-automotive - that share the same eight manufacturing processes and the same factory floor. ## 1. Precision components and assemblies: a one-stop shop for metal parts that go inside critical systems **The company runs eight in-house manufacturing processes so it can sell a customer a machined shaft today, a cold-forged fastener tomorrow, and a welded sub-assembly the day after - all from the same set of plants.** - **Eight processes, one roof** - machining, investment casting, cold forging, hot forging, stamping, surface treatment, welding and fabrication, and assembly and packaging all sit in-house, which means the company can take on work that would normally require a customer to coordinate three or four separate suppliers. - **From part to sub-assembly** - the company started as a pure machining shop and has been adding processes specifically so it can combine them into sub-assemblies, aiming to become what management calls the lowest-cost assembly player in India. - **Cross-selling is the growth engine** - because every customer needs multiple types of metal components, having cold forging, stamping and casting alongside machining lets the company walk into an existing customer and sell a second or third process without having to win a new relationship. - **Precision down to four microns** - the product range spans more than 100 profiles including shafts, rack bars, sensor bosses, ammunition casings and orthopaedic implant castings, with tolerances tight enough for defence fuses and humanoid-robot joints. - **Bought, not just built** - when the company wanted cold-forging capability, it acquired machinery that added roughly 6,000 tonnes per annum of capacity - ten times its initial 600-tonne pilot - and generated revenue immediately with no gestation period. ## 2. Automotive: the cash engine that pays for everything else **Roughly 86% of revenue comes from car, truck and electric-vehicle makers who place multi-year orders for steering, suspension and exhaust-system parts - and the top two customers alone account for about 40% of that automotive business.** - **Tier-1 to the world’s largest system makers** - the company supplies directly to original equipment manufacturers and their key system suppliers, including ZF Group (German), Tenneco (American) and JTEKT (Japanese steering-system manufacturer), who together form the top three customer relationships. - **EV is already a third of the automotive order book** - of the roughly INR 982 Crores in automotive orders on hand, INR 331 Crores is for electric-vehicle parts, including cold-plate cooling systems and sensor housings. - **Nominated, not just contracted** - many orders come on a nomination basis, where a customer requires the company to set up a facility near its own plant and guarantees a contracted offtake - for example, roughly INR 45 Crores per annum in the first phase. - **Exports are the growth lever** - export revenue was 20% of the total in FY26 and grew 50% in absolute terms, with Europe contributing 12.8% of revenue and the US and Canada another 6.5%. ## 3. Non-automotive: the high-stakes diversification into defence, medical and robotics **Revenue from outside the car industry grew 150% in FY26, driven by parts that go into artillery shells, surgical implants and humanoid robots - markets where the qualification bar is high and the customer stickiness is higher.** - **Defence is the largest non-auto bet** - the non-automotive order book stands at roughly INR 233 Crores, and INR 131 Crores of that is defence work, including medium- and low-calibre ammunition casings, ignition primers, seeker chassis and military-grade surface coatings. - **Parts already inside a human body** - the company has supplied its first investment-cast parts for orthopaedic surgical implants, which have been tested rigorously and are, in the company’s words, practically perhaps inside a human body. - **Humanoid robots are a customer, not a concept** - the company shipped its first smaller batch of aluminium milled parts for humanoid robots during the second half of FY26, supplying some of the largest-selling humanoids in the world. # Group structure and partners **The company sits inside a 56-year-old family-owned steel and auto-components group, which gives it a raw-material neighbour next door and a boardroom that thinks in decades, not quarters.** - **A steel supplier as a neighbour** - OBSC is part of the Anglian Omega Group, whose flagship entity Omega Bright Steel manufactures bright bar steel, cold-forged components and steel wires; OBSC’s bright-bar supplier facility is located adjacent to its own, cutting out middlemen, reducing logistics costs and improving inventory management. - **No subsidiaries, no joint ventures** - the company operates as a single legal entity with no holding company, no associate companies and no joint-venture structures, which keeps the corporate structure simple. - **Promoter skin in the game** - Managing Director Saksham Leekha and Executive Director Ashwani Leekha together hold the bulk of the promoter equity, while Non-Executive Chairperson Asha Narang brings more than 50 years of group experience to the board.