REMSONS INDUSTRIES LTD

Manufactures automotive components, primarily control cables, gear shifters, pedal-box assemblies, spare wheel winches, lighting and EGR sensors, for global vehicle programmes. The FY26 revenue base was INR 468.71 cr, with materials making up 53.1% of revenue and employees 21.4%, leaving an FY26 EBITDA margin of 11.51%. Customers include Stellantis North America (control cables), Ford Turkey (spare wheel winches) and German OEMs (lighting, sensors), with large contracts disclosed such as the INR 300+ cr Stellantis award to be supplied over 7 years, an INR 80 cr 10-year Ford Turkey LOI and a 10-year pedal-box assembly deal worth INR 160 cr. Production runs across three manufacturing facilities in Daman and Pardi (Gujarat), with a new 30,000 sq ft Chakan, Pune plant dedicated to railway components such as Flexball cables, potentiometers and slack adjusters, opened with INR 5 cr of investment. Diversification moves include a 36% stake in Astro Motors (3W commercial EV), the BEE Lighting (UK) lighting acquisition, and Uni Autonics (Pune) for sensors. Management is guiding to INR 900–1,000 cr revenue by FY29 with 13–14% EBITDA margins, supported by planned capex of INR 100 cr over 2–3 years and net debt-equity held at 0.63x.