Key Points : Leadership Position: Company has 62 - 65% market share in commercial vehicle (CV) and Original Equipment Manufacturers (OEMs) in domestic market.
Cyclicality: The company is working to reduce its reliance on the cyclical M&HCV segment by diversifying its product mix with value-added items like parabolic springs and lift axles, and by expanding its aftermarket sales network.
Manufacturing Capacity: Company has 10 manufacturing plants including 1 in house R&D centre, and 2 in progress in Adityapur and Indore, manufacturing ~300+ OEM parts & ~5000+ AMI parts. with a production capacity of 30 Lac MT Company's manufacturing plants are strategically located across OEM plants.
Export Countries: Company is currently supplying springs to aftermarkets in over 15 countries. Looking to add ~40 new countries. ~800 number of existing part numbers for export.
Clientele: Ashok Leyland, Force, Fuso, GM, Bharat Benz, Isuzu, Mahindra, Renault Nissan, Scania, SML Isuzu, Escorts, Tata Motors, UD Trucks, Volvo, etc.