Remsons Industries Secures ₹60 Crore Gear Shifter Contract from CV OEM

1 min read     Updated on 02 Jan 2026, 10:09 AM
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Overview

Remsons Industries has received a significant business award worth ₹60 crores from a leading Commercial Vehicle OEM manufacturer for the supply of Gear Shifter with Push Pull Cables. The domestic contract spans 60 months with supply operations commencing from Q1 2026-27, providing substantial revenue visibility for the small-cap auto ancillary company.

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*this image is generated using AI for illustrative purposes only.

Remsons Industries , an auto ancillary company, has received a business award worth ₹60.00 crores from a leading Commercial Vehicle (CV) OEM manufacturer. The company announced this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Specifications

The business award is for the supply of Gear Shifter with Push Pull Cables, representing a significant order for the small-cap automotive components manufacturer. The contract demonstrates the company's capabilities in manufacturing precision automotive transmission components.

Parameter: Details
Contract Value: ₹60.00 crores
Product: Gear Shifter with Push Pull Cables
Client: Leading CV OEM Manufacturer
Contract Duration: 60 Months
Supply Commencement: Q1 2026-27
Market Type: Domestic

Contract Terms and Timeline

The order value of ₹60.00 crores will be executed over a five-year period, providing revenue visibility for Remsons Industries. Supply operations are scheduled to commence from Q1 2026-27, indicating a structured rollout plan for the automotive components.

The contract has been awarded by an Indian entity, confirming it as a domestic business opportunity. The company has clarified that promoters, promoter groups, or group companies have no interest in the entity that awarded the contract, and the transaction does not fall within related party transactions.

Business Impact

This contract represents a notable achievement for Remsons Industries in the competitive auto ancillary market. For a small-cap company operating in the automotive components sector, securing a ₹60.00 crore order from a leading Commercial Vehicle OEM manufacturer demonstrates strong business development capabilities and product competitiveness in the transmission systems segment.

Historical Stock Returns for Remsons Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.52%+2.62%+4.40%-8.31%-12.25%+443.64%
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Remsons Industries Reports Mixed Q2 Results, Expands Through Strategic Investments

2 min read     Updated on 14 Nov 2025, 01:24 PM
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Reviewed by
Ashish TScanX News Team
Overview

Remsons Industries Limited announced Q2 2025 results with revenue increasing 25.3% to ₹11,645.43 crore, but net profit declining 11.3% to ₹363.88 crore. The company acquired a 51.01% stake in Astro Motors, formed a new subsidiary Remsons Future Technologies, and consolidated its ownership structure. These strategic moves aim to strengthen market position and diversify the portfolio in the automotive components sector.

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*this image is generated using AI for illustrative purposes only.

Remsons Industries Limited , a prominent player in the automotive components sector, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance marked by revenue growth but declining profitability.

Financial Performance

The company's consolidated results for Q2 2025 show:

Metric Q2 2025 Q2 2024 YoY Change
Revenue ₹11,645.43 ₹9,291.41 +25.3%
Net Profit ₹363.88 ₹410.15 -11.3%

Despite a significant increase in revenue, Remsons Industries experienced a decline in net profit compared to the same period last year. This suggests that while the company has successfully expanded its sales, it may be facing challenges in maintaining profit margins.

Strategic Investments and Expansions

The Board of Directors has approved several strategic moves aimed at strengthening the company's market position:

  1. Acquisition in Astro Motors: Remsons Industries has acquired a 51.01% stake in Astro Motors Private Limited by subscribing to 6,15,150 new Equity Shares at ₹10 each, amounting to an investment of ₹10.00 crore.

  2. New Subsidiary Formation: The company has formed a new subsidiary, Remsons Future Technologies Private Limited, with a 51% equity stake. This move signals Remsons' intent to diversify into new technology ventures.

  3. Share Acquisition and Allotment: The company has acquired 26,400 Equity Shares from existing promoters and allotted 4,19,994 new Equity Shares, further consolidating its ownership structure.

Operational Highlights

  • The consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 14, 2025.
  • The results are prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under the Companies Act, 2013.

Management Commentary

Krishna Kejriwal, Chairman & Managing Director of Remsons Industries, stated, "While we are pleased with our robust revenue growth, we acknowledge the challenges in maintaining profitability. Our strategic investments and expansions are aimed at diversifying our portfolio and strengthening our long-term market position in the automotive components sector."

Looking Ahead

Remsons Industries' mixed Q2 results, coupled with its strategic investments, indicate a company in transition. The focus on revenue growth and expansion into new technologies suggests a long-term strategy to enhance its market presence and potentially improve profitability in future quarters.

Investors and stakeholders will likely be watching closely to see how these strategic moves translate into financial performance in the coming quarters, particularly in terms of profitability and return on investments.

Note: All financial figures are in Indian Rupees (₹) and are based on the unaudited consolidated financial results for the quarter and half-year ended September 30, 2025.

Historical Stock Returns for Remsons Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.52%+2.62%+4.40%-8.31%-12.25%+443.64%
Remsons Industries
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