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Remsons Industries Ltd

REMSONSIND
NSE
107.37
2.33%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Remsons Industries Ltd

REMSONSIND
NSE
107.37
2.33%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
374Cr
Close
Close Price
107.37
Industry
Industry
Auto Ancillaries - Others
PE
Price To Earnings
21.56
PS
Price To Sales
0.84
Revenue
Revenue
445Cr
Rev Gr TTM
Revenue Growth TTM
26.50%
PAT Gr TTM
PAT Growth TTM
54.72%
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REMSONSIND
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
76737682817791103106100116123
Growth YoY
Revenue Growth YoY%
-4.0-8.6-6.08.86.05.219.624.831.130.226.620.0
Expenses
ExpensesCr
69666874737084909589102108
Operating Profit
Operating ProfitCr
87888771211111315
OPM
OPM%
10.19.110.710.29.98.58.212.110.310.611.511.9
Other Income
Other IncomeCr
1001222-11110
Interest Expense
Interest ExpenseCr
122221222222
Depreciation
DepreciationCr
333333342444
PBT
PBTCr
434554468688
Tax
TaxCr
211101122122
PAT
PATCr
323353357566
Growth YoY
PAT Growth YoY%
-13.0-26.4151.866.3102.038.06.039.027.278.4113.734.0
NPM
NPM%
3.32.73.74.26.43.53.34.66.24.85.55.2
EPS
EPS
0.90.11.01.20.30.10.91.11.31.01.21.5

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
226286313312377445
Growth
Revenue Growth%
26.79.2-0.220.618.0
Expenses
ExpensesCr
216266287281339395
Operating Profit
Operating ProfitCr
102026313750
OPM
OPM%
4.57.18.310.09.911.2
Other Income
Other IncomeCr
612332
Interest Expense
Interest ExpenseCr
466768
Depreciation
DepreciationCr
489111214
PBT
PBTCr
8712162230
Tax
TaxCr
324356
PAT
PATCr
458131724
Growth
PAT Growth%
19.656.159.127.442.0
NPM
NPM%
2.01.92.74.34.55.4
EPS
EPS
1.61.92.90.94.15.0

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
666777
Reserves
ReservesCr
242937104119129
Current Liabilities
Current LiabilitiesCr
88100107101126155
Non Current Liabilities
Non Current LiabilitiesCr
474041254954
Total Liabilities
Total LiabilitiesCr
165175190238312353
Current Assets
Current AssetsCr
101110123163186205
Non Current Assets
Non Current AssetsCr
64656774126148
Total Assets
Total AssetsCr
165175190238312353

Cash Flow

Consolidated
Standalone
Financial YearMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
014281522
Investing Cash Flow
Investing Cash FlowCr
-30-8-16-48-29
Financing Cash Flow
Financing Cash FlowCr
31-2-52810
Net Cash Flow
Net Cash FlowCr
146-43
Free Cash Flow
Free Cash FlowCr
-46144-7
CFO To PAT
CFO To PAT%
-10.2267.6330.9116.2131.2
CFO To EBITDA
CFO To EBITDA%
-4.570.9106.849.659.6

Ratios

Consolidated
Standalone
Financial YearMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
81104111642412
Price To Earnings
Price To Earnings
18.019.413.3240.828.6
Price To Sales
Price To Sales
0.40.40.42.01.1
Price To Book
Price To Book
2.73.02.628.83.3
EV To EBITDA
EV To EBITDA
15.18.86.921.212.9
Profitability Ratios
Profitability Ratios
GPM
GPM%
32.936.937.642.745.5
OPM
OPM%
4.57.18.310.09.9
NPM
NPM%
2.01.92.74.34.5
ROCE
ROCE%
10.911.914.812.813.6
ROE
ROE%
15.115.519.812.013.5
ROA
ROA%
2.73.14.45.65.4
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Remsons Industries Ltd. is a leading Indian automotive OEM component manufacturer with over 65 years of heritage, founded in 1959 by Mr. Vishwa Prakash Harlalka. Headquartered in Mumbai, the company has evolved from India’s first control cable manufacturer into a diversified, global supplier of fuel- and EV-agnostic automotive systems. With a mission to be a technology-driven innovation partner to global OEMs, Remsons operates a globally integrated business model supported by advanced manufacturing, strategic acquisitions, and a strong engineering foundation. --- ### **Geographic & Manufacturing Footprint** Remsons operates **seven manufacturing facilities** across India and the UK: - **India:** Pardi, Gurgaon, Daman, Pune (including Chakan and Shirwal), with a new 30,000 sq. ft. brownfield expansion in Chakan. - **UK:** Stourport and Redditch (through Remsons Automotive UK Ltd., formerly Magal Cables Ltd.). The company also has **local representation in the USA, Brazil, Germany, and Poland**, and exports to over **20 countries**, serving more than **20 OEMs and 250 dealers** globally. --- ### **Product Portfolio & Diversification** Remsons offers a comprehensive, **EV-agnostic product portfolio** spanning mechanical, electronic, and electromechanical systems, including: - **Control Cables** (parking brake, clutch, throttle, window regulator, sunroof, etc.) - **Gear Shift Systems** (complete systems with levers, cables, bezels, knobs) - **Pedal Box Assemblies** (accelerator, brake, clutch – lightweight, crash-safe) - **Winches & Jacks** (under-floor spare wheel winches for Tata Motors models like Nexon, Altroz) - **Sensors** (position, temperature, pressure, fuel level – via Remsons-Uni Autonics) - **Automotive Lighting** (LED, Adaptive Driving Beam – via BEE Lighting) - **Tyre Mobility Kits** (spare wheel replacement – via Aircom JV) - **Infotainment & ADAS Systems** (digital clusters, DMS, AVAS – via Daiichi JV) - **Railway Components** (Flexball cables, potentiometers, slack adjusters) Key innovations: - **CBS (Combined Braking System)** for two-wheelers - **EV-Agnostic Shifter & Cable Systems** compatible with ICE and electric platforms - **Navya** – India’s first geared electric cargo 3-wheeler with 4-speed gearbox (via Astro Motors) --- ### **Strategic Expansion & Growth Initiatives** Remsons is executing a transformative **"Remsons 2.0" vision**, focused on: - **Vertical Integration & Inorganic Growth** - **Astro Motors:** Acquired 51% stake (Aug 2025), increased to 55%; strategic entry into electric three-wheelers. - Launched **Navya**, best-in-class payload (747 kg), 130 km range. - Target: **Top 5 EV three-wheeler brand in India** within 3 years. - **BEE Lighting (UK):** Acquired 51% stake for GBP 3 million. - Enhances LED & ADB lighting capabilities; access to luxury and EV OEMs. - Features UK’s most advanced photometric lab (ECE, FMVSS 108 compliant). - **Uni-Automation:** Acquired majority stake, forming **Remsons-Uni Autonics Pvt. Ltd.** – India’s only Class 10,000 clean room for sensors. - **Joint Ventures (JVs)** - **Aircom Remsons Automotive (26% stake):** Tyre mobility kits (eco-friendly, 1kg weight, 1,000 km post-puncture). - **Daiichi Remsons Electronics (50:50):** Advanced infotainment, digital clusters, AVAS, DMS. - **AUSIS Automotive Systems (Brazil):** Technical license agreement for localized manufacturing. --- ### **New Market Entry: Rail & Defense** - **Railway Sector:** Expanded Pune Chakan facility by **30,000 sq. ft** with CNC machining, sheet metal fabrication, and **in-house railway-compliant testing lab**. - **Products for Indian Railways:** Flexball cables, load-sensing devices, air reservoirs. - **Market Opportunity:** Indian rail sector projected to grow from $34.28B (2024) to $60B by 2035. --- ### **Key Orders & Customer Wins** - **Stellantis N.V.:** Secured a **7-year, INR 300+ crore contract** to supply control cables for: - Smart cars and Jeeps (North America) - 3-wheelers (Europe) - Jeep Wrangler and RAM platforms - **Ford Turkey:** INR 80 crore LoI for spare wheel winches (10-year term). - **German OEM (BEE Lighting):** INR 12 crore immediate lighting design order. - **German Multi-Brand OEM:** INR 3 crore order for EGR sensors via Remsons-Uni Autonics (36-month delivery). --- ### **Technology & Innovation** - **6 Global Technology Centers** (4 in India, 2 in UK) - **Advanced Capabilities:** - Finite Element Analysis (FEA), dynamic & environmental testing (-40°C to +120°C) - AI-powered predictive analytics, IoT-enabled monitoring, robotics - Simulation-led design for rapid prototyping - **R&D Focus Areas:** - Embedded software for connected mobility - Smart actuators, IoT-enabled components, AI-based diagnostics - High-value segments: EV motor systems, automatic transmissions --- ### **Market Position & Competitive Edge** - **Pioneer in India:** First manufacturer of control cables, gear shift systems, and dash-mounted park brakes. - **Global Supplier:** Serves premier OEMs including: - **India:** Tata Motors, Maruti Suzuki, Ashok Leyland, Mahindra - **Global:** Ford, Jaguar Land Rover, Daimler, Stellantis, Volvo, INEOS - **Strategic Alignment:** - Supports **Atmanirbhar Bharat** and **China+1** global supply chain trends - Participated in **Bharat Mobility Show 2024** with PM Modi - **Certifications:** Great Place to Work® (3x), Ford Q1, JLRQ, Renault ASES --- ### **ESG & Operational Excellence** - **Sustainability Initiatives:** - Eco-friendly tyre mobility kits (replaces spare wheels) - Eco-sealants, lightweight materials, solar energy installations - **Operational Resilience:** - Maintained profitability despite 8-month UK client shutdown (FY24–25) - Flexible supply chain, cost control, diversified product/customer base - **Workforce:** ~900+ employees; emphasis on skills development and innovation