Sharpening our
competitive advantage
With a history spanning decades, we have built a remarkable brand through our commitment to innovation and building long-lasting relationships with our customers. We closely monitor market trends and prioritise innovation to create value for our customers. This approach allows us to maintain our reputation as a trusted partner to key industries.
Well-Positioned in the Industry
With significant growth opportunities, India is well-positioned to witness sustainable and robust growth in the mobility and energy sectors.
Mobility
₹ 15 lakh crore
India aims to double its auto industry size to ₹ 15 lakh crore by 2024
66.52 %
The Indian electric vehicle market is expected to experience a CAGR of 66.52% between 2022 and 2029, with projected growth from USD 3.21 billion to USD 113.99 billion
22.5 million
India is expected to have 22.5 million end-of-life vehicles by 2025
Energy
Leading
India is the third-largest producer and second-largest consumer of electricity worldwide
280 GW
India has taken up the solar capacity ambition of 280 GW by 2030
5.48 %
The Household Appliances market is projected to reach USD 80.95 billion in 2023, and is expected to expand at a CAGR of 5.48% between 2023-2028
Diversified Portfolio
Our well-diversified portfolio of revenue streams will continue to fuel our growth. Our Mobility segment has gained significant market share with our OEMs, thanks to our exceptional customer service and unparalleled quality. We are also pioneers in automobile recycling in India.
We cater to the energy and home appliance sectors in the Energy business by providing essential components. We are also a top leading high-qualityelectrical steel component supplier in India. We are focussed on capitalising increased localisation driven by PLI schemes.
R&D and Technology Leadership
Our team is committed to creating innovative products that facilitate our transition from just a steel processor to a value-added component manufacturer that caters to the industry’s evolving demands.
15
New Components Developed in FY 2022-23
Robust Financial Profile
Our optimal capital structure has placed us in a strong financial position to pursue and achieve our growth aspirations. We have maintained healthy cash and bank balances, which have significantly bolstered our liquidity profile.
0.18
Net Debt to Equity Ratio in FY 2022-23
Consistent returns to shareholders
Our track record of consistent financial performance speaks volumes about our Company’s commitment to delivering value to our shareholders. Our consistent financial performance results from our well-defined business strategies, operational efficiency, and ability to adapt to changing market conditions.
27.33 per share
Dividend in FY 2022-23
23.62%
Revenue growth (5-year CAGR)
12.88%
PAT growth (5-year CAGR)
Strong leadership and independent Board
Our organisation’s success lies in the expertise and experience of our diverse team of professionals who guide our strategic decisions with the best interests of our Company and stakeholders in mind. Our Board and management team, with their varied backgrounds and areas of expertise, work collaboratively towards our strategic goals of increasing profitability, optimising efficiency, and integrating sustainability into our operations.
28+
Average experience of the senior leadership team
