Autoline Industries Strengthens Leadership with Key Executive Appointments
Autoline Industries Limited has announced key leadership changes. Mr. Mayank Sharma has been promoted to Chief Business Officer, and Mr. Kailas Thopate has been appointed as the new Chief Operating Officer, both effective November 08, 2025. These appointments come as the company reports positive financial results, with Q2 FY26 showing a 10.78% YoY increase in revenue and an 11.57% rise in EBITDA. The Indian automotive sector is experiencing stabilization, benefiting from the festive season, GST 2.0 implementation, and supportive monetary policy.
*this image is generated using AI for illustrative purposes only.
Autoline Industries Limited , a prominent player in the automotive components and manufacturing sector, has announced significant changes to its leadership team. The company's board of directors, in a meeting held on November 08, 2025, approved the appointment of two key managerial personnel, signaling a strategic move to support expansion and development plans.
New Chief Business Officer
Mr. Mayank Sharma has been elevated to the newly created position of Chief Business Officer, effective November 08, 2025. This appointment marks a significant step in Autoline's strategic growth initiatives. Sharma, who previously served as the company's Chief Operating Officer, brings over 35 years of rich experience in the automotive components and manufacturing industry.
Sharma's career spans across reputed organizations including Lumax Automotive Systems Ltd, Mungi Engineers Pvt. Ltd, and JBM Group. Since joining Autoline Industries in 2019, he has been instrumental in driving operational efficiency, manufacturing excellence, cost optimization, and business growth across the company's multiple plants.
New Chief Operating Officer
Filling the position vacated by Sharma's promotion, Mr. Kailas Thopate has been appointed as the new Chief Operating Officer, also effective from November 08, 2025. Thopate brings 30 years of experience in operations, business development, and budgeting to his new role.
Thopate's educational background includes an MBA in Finance from IIBM and a Mechanical Engineering degree from Pune University. His expertise lies in implementing strategies that have contributed to improving sales and EBITDA through various operational excellence initiatives.
Strategic Implications
These appointments come at a time when Autoline Industries is showing positive financial trends. The company's recent financial results for Q2 FY26 revealed:
| Metric | Q2 FY26 | Q2 FY25 | YoY Change |
|---|---|---|---|
| Revenue | ₹172.78 | ₹155.97 | 10.78% |
| EBITDA | ₹16.79 | ₹15.05 | 11.57% |
| EBITDA Margin | 9.72% | 9.65% | 7 bps |
The company attributes this growth to increased orders from OEM customers for new model launches and improved operational efficiencies.
Industry Outlook
Autoline Industries' leadership changes coincide with a stabilizing period in the Indian automotive sector. The company noted that the second quarter of fiscal year 2026 saw encouraging trends, including:
- The onset of the festive season
- Regulatory clarity provided by GST 2.0 implementation
- Supportive monetary policy from RBI interest rate reductions
These factors have collectively strengthened market confidence, driving an increase in retail activity, customer bookings, and overall sales volume across all principal vehicle segments.
As Autoline Industries positions itself for future growth, these strategic appointments are expected to play a crucial role in capitalizing on the positive industry outlook and driving the company's expansion plans.
Historical Stock Returns for Autoline Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.09% | +8.33% | +5.13% | -16.85% | -36.94% | +116.36% |
15
