Remsons Industries Limited has informed the Exchange about Transcript
REMSONSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Remsons Industries reported Q1 FY26 consolidated revenue of INR99.6 crores, up 30% year-on-year, with EBITDA margin at 11% and PAT margin around 4%. EBITDA grew 63% YoY, driven mainly by exports and UK-based subsidiaries. The company disclosed several major order wins: a landmark INR300+ crore contract from Stellantis North America for controlled cables over seven years, an INR80 crore order from Ford Turkey for spare wheel winches over ten years, an INR12 crore order from a German OEM via subsidiary BEE Lighting, and a INR3 crore EGR sensor order. Management reiterated a revenue target of INR900–1,000 crores by FY29 and guided EBITDA margins to expand to 13–14%, supported by a shift from commodity to value-added products (currently 70:30). The Board declared a dividend of INR0.30 per share, and ICRA upgraded the company's long-term rating from BBB to BBB+. Capex of INR50 crores was incurred in Q1, with INR100 crores planned over the next 2–3 years.
Positive for shareholders: strong order pipeline, multi-year revenue visibility from global OEMs, rating upgrade, and a clear margin expansion roadmap. However, Q1 growth was partly inorganic and management cautioned that the 30% YoY growth may not sustain each quarter, keeping near-term expectations balanced.