PRITIKA AUTO INDUS LTD

Manufactures iron castings for automotive original equipment manufacturers (OEMs), with products including gearboxes, transmission cases and differential carriers. FY26 production reached a record 52,620 metric tons (MT) against installed capacity of 72,000 MT, which equates to roughly 73-74% utilisation as quoted by management. Customer base spans tractor and commercial-vehicle OEMs, including Mahindra Swaraj, TAFE, Escorts Kubota and Kion, and the company grew 34% versus industry growth of 16-17% in FY26. It is shifting its product mix toward large castings and scaling Lost Foam Casting (LFC) technology from 10-15% of mix to a targeted 30% within three years. Revenue was INR 482.95 crore in FY26 (+35.3% YoY), with Q4 FY26 at INR 138.46 crore (+36.2% YoY); Q4 EBITDA margin dipped to 12.02% due to a March spike in raw material and gas costs, with management expecting a recovery to 15-16% from Q1 FY27. A US subsidiary (Omnia Engineering Inc., Delaware) was acquired for $50,000 (first tranche of a $100,000 total investment) to access US customers directly, and railways revenue is expected to start contributing from FY27. South Korea exports have begun and Europe is under evaluation.