Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹374Cr
Auto Ancillaries - Others
Rev Gr TTM
Revenue Growth TTM
26.50%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

REMSONSIND
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% | -4.0 | -8.6 | -6.0 | 8.8 | 6.0 | 5.2 | 19.6 | 24.8 | 31.1 | 30.2 | 26.6 | 20.0 |
| 69 | 66 | 68 | 74 | 73 | 70 | 84 | 90 | 95 | 89 | 102 | 108 |
Operating Profit Operating ProfitCr |
| 10.1 | 9.1 | 10.7 | 10.2 | 9.9 | 8.5 | 8.2 | 12.1 | 10.3 | 10.6 | 11.5 | 11.9 |
Other Income Other IncomeCr | 1 | 0 | 0 | 1 | 2 | 2 | 2 | -1 | 1 | 1 | 1 | 0 |
Interest Expense Interest ExpenseCr | 1 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
Depreciation DepreciationCr | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 2 | 4 | 4 | 4 |
| 4 | 3 | 4 | 5 | 5 | 4 | 4 | 6 | 8 | 6 | 8 | 8 |
| 2 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 2 | 1 | 2 | 2 |
|
Growth YoY PAT Growth YoY% | -13.0 | -26.4 | 151.8 | 66.3 | 102.0 | 38.0 | 6.0 | 39.0 | 27.2 | 78.4 | 113.7 | 34.0 |
| 3.3 | 2.7 | 3.7 | 4.2 | 6.4 | 3.5 | 3.3 | 4.6 | 6.2 | 4.8 | 5.5 | 5.2 |
| 0.9 | 0.1 | 1.0 | 1.2 | 0.3 | 0.1 | 0.9 | 1.1 | 1.3 | 1.0 | 1.2 | 1.5 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 26.7 | 9.2 | -0.2 | 20.6 | 18.0 |
| 216 | 266 | 287 | 281 | 339 | 395 |
Operating Profit Operating ProfitCr |
| 4.5 | 7.1 | 8.3 | 10.0 | 9.9 | 11.2 |
Other Income Other IncomeCr | 6 | 1 | 2 | 3 | 3 | 2 |
Interest Expense Interest ExpenseCr | 4 | 6 | 6 | 7 | 6 | 8 |
Depreciation DepreciationCr | 4 | 8 | 9 | 11 | 12 | 14 |
| 8 | 7 | 12 | 16 | 22 | 30 |
| 3 | 2 | 4 | 3 | 5 | 6 |
|
| | 19.6 | 56.1 | 59.1 | 27.4 | 42.0 |
| 2.0 | 1.9 | 2.7 | 4.3 | 4.5 | 5.4 |
| 1.6 | 1.9 | 2.9 | 0.9 | 4.1 | 5.0 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 6 | 6 | 6 | 7 | 7 | 7 |
| 24 | 29 | 37 | 104 | 119 | 129 |
Current Liabilities Current LiabilitiesCr | 88 | 100 | 107 | 101 | 126 | 155 |
Non Current Liabilities Non Current LiabilitiesCr | 47 | 40 | 41 | 25 | 49 | 54 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 101 | 110 | 123 | 163 | 186 | 205 |
Non Current Assets Non Current AssetsCr | 64 | 65 | 67 | 74 | 126 | 148 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 0 | 14 | 28 | 15 | 22 |
Investing Cash Flow Investing Cash FlowCr | -30 | -8 | -16 | -48 | -29 |
Financing Cash Flow Financing Cash FlowCr | 31 | -2 | -5 | 28 | 10 |
|
Free Cash Flow Free Cash FlowCr | -4 | 6 | 14 | 4 | -7 |
| -10.2 | 267.6 | 330.9 | 116.2 | 131.2 |
CFO To EBITDA CFO To EBITDA% | -4.5 | 70.9 | 106.8 | 49.6 | 59.6 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 81 | 104 | 111 | 642 | 412 |
Price To Earnings Price To Earnings | 18.0 | 19.4 | 13.3 | 240.8 | 28.6 |
Price To Sales Price To Sales | 0.4 | 0.4 | 0.4 | 2.0 | 1.1 |
Price To Book Price To Book | 2.7 | 3.0 | 2.6 | 28.8 | 3.3 |
| 15.1 | 8.8 | 6.9 | 21.2 | 12.9 |
Profitability Ratios Profitability Ratios |
| 32.9 | 36.9 | 37.6 | 42.7 | 45.5 |
| 4.5 | 7.1 | 8.3 | 10.0 | 9.9 |
| 2.0 | 1.9 | 2.7 | 4.3 | 4.5 |
| 10.9 | 11.9 | 14.8 | 12.8 | 13.6 |
| 15.1 | 15.5 | 19.8 | 12.0 | 13.5 |
| 2.7 | 3.1 | 4.4 | 5.6 | 5.4 |
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
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### **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
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### **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