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Remsons Industries Q1 FY26: Consolidated Growth Powers Ahead
Automobile News, Autos, Business, business update, Markets - August 12, 2025

Remsons Industries Q1 FY26: Consolidated Growth Powers Ahead

Remsons Industries Q1 FY26: Consolidated Growth Powers Ahead

Financial Highlights: Q1 FY26
Remsons Industries, a leading Indian supplier of automotive cables and components, announced robust consolidated financial results for the quarter ended June 2025. Consolidated revenue surged to approximately ₹99.6 crore, reflecting a sharp 30% rise over the previous year. PAT surged 73% year-on-year, coming in at around ₹3.6 crore for the quarter.
Earnings per share also followed this growth trajectory, underscoring the company’s operational discipline and strong demand from global and domestic customers. At the same time, consolidated operating margins crept higher: EBITDA rose by 63% year-on-year, and a healthy 11% operating margin was reported.
However, standalone results painted a contrasting picture. Standalone revenues fell by nearly 8%, and standalone net profit slipped 11% year-on-year, primarily due to persistent softness in domestic core markets.

Strategic Expansion and New Ventures
Remsons’ management has pushed strongly into diversification and external partnerships to insulate it from domestic cyclical weaknesses. The company launched a new subsidiary, Remsons Edge Technologies Private Limited, and completed a significant (35.86%) minority acquisition in Astro Motors Private Limited. These bold moves aim to reinforce Remsons’ portfolio, boost R&D, and add new revenue streams, particularly through electric vehicle and high-value product segments.
Further, Remsons has aggressively broadened its product range and is steadily progressing on its stated ambition to venture into the railway and defense sectors—two markets with promising long-term potential.

Operational Excellence and International Push
Despite muted domestic auto sector trends during the quarter, Remsons outperformed its industry peers thanks to a blend of operational efficiencies, robust export growth, and a shift towards high-value, customized products. Management cited export realization and premium orders as critical drivers for consolidated revenue growth, particularly as overseas markets offered better pricing and stability.
Export growth and diversification not only cushioned against local market headwinds but also helped drive up profitability, as evidenced by the year-on-year expansion in margins.

Chairman’s Perspective: Confidence Amid Uncertainties
Chairman and Managing Director Krishna Kejriwal said the company’s strong results highlight its flexible and resilient business model.
He stressed that, even in a sluggish auto market, the company achieved remarkable results by advancing high-value segments, enhancing operational efficiency, and maintaining a firm focus on creating value for shareholders.
The company aims to reach a revenue milestone of ₹900–1,000 crore by FY29 as part of its medium-term goals. Management’s ongoing commitment to invest in technology, people, and process innovation remains central to this goal.

Challenges: Standalone Softness and Sectoral Risks
The main blemish in Q1’s performance was the dip in standalone revenue and profit. While the reasons include subdued demand from core Indian OEM clients and heightened competition, the company appears confident that its strategic pivots—such as moving further up the value chain and increasing export reliance—will help mitigate these headwinds moving forward.
Remsons also faces the broader cyclical risks affecting the auto sector, including input cost volatility, currency fluctuations, and changing regulatory norms. Nonetheless, its diversified base and strong cash position provide some insulation.

Conclusion: On Track for Ambitious Growth, with Cautious Optimism
Remsons Industries’ Q1 FY26 performance demonstrates the effectiveness of its transformation efforts and diversification into both product lines and geographies. Robust consolidated growth and margin expansion speak to improving competitiveness and operational focus. While soft spots remain in certain business verticals, particularly domestically, the company’s trajectory remains positive.
Management’s medium-term outlook is upbeat, grounded in investments in innovation, new business verticals, and continued global expansion. If Remsons sustains its strategic discipline, further market share gains and profitability improvements are likely.

 

 

 

 

 

 

 

 

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Reliance Retail Writes Off $200 Million Dunzo Investment — A Wake-Up Call for Quick-Commerce in India

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Talbros Automotive Components Accelerates to New Highs on ₹580 Crore Order Win
Market News - June 12, 2025

Talbros Automotive Components Accelerates to New Highs on ₹580 Crore Order Win

Talbros Automotive Components Accelerates to New Highs on ₹580 Crore Order Win

Surging stock price, robust export orders, and a strategic push into the EV segment mark a transformative phase for the auto components manufacturer

Talbros Automotive Components: An Overview
Talbros Automotive Components, a prominent player in the Indian auto components industry, is renowned for supplying a wide range of products such as gaskets, heat shields, forging components, chassis systems, and hoses. Over the years, the company has established itself as a trusted partner for leading original equipment manufacturers (OEMs), both in India and abroad.
The company operates through several joint ventures, which have played a pivotal role in expanding its technological capabilities and market reach. Built on a strong foundation of innovation and excellence, Talbros has continually evolved with industry trends, establishing itself as a progressive player in the dynamic automotive components space.

The ₹580 Crore Order Win: Breaking Down the Details
The latest milestone for Talbros comes in the form of multi-year contracts worth ₹580 crore, secured by the company and its joint ventures. Orders include a diverse mix of offerings like gaskets, insulation shields, forging elements, structural parts, and tubing. Notably, a significant portion of these contracts is dedicated to the electric vehicle segment, reflecting the company’s strategic alignment with the global shift towards sustainable mobility.
Of the total order value, approximately ₹260 crore is attributed directly to Talbros’s core business, with a substantial share earmarked for exports, primarily to European markets. The company’s joint venture, Marelli Talbros Chassis Systems, is responsible for a further ₹290 crore in orders, with about half of this amount tied to EV-related components. Orders for hoses and anti-vibration parts are expected to enter commercial production in the second half of the next fiscal year.
This diversified order book not only enhances revenue visibility for the coming years but also underscores Talbros’s ability to cater to evolving customer needs across geographies and vehicle segments.

Stock Market Reaction: A Five-Month High
The announcement of the ₹580 crore order win triggered a sharp rally in Talbros Automotive Components’ share price, which surged over 8% in intraday trading. This upward momentum pushed the stock to its highest level in five months, reflecting renewed investor confidence in the company’s growth prospects.
According to analysts, multiple factors have contributed to this upswing.:
• The scale and diversity of the new orders, which span both traditional and emerging automotive technologies.
• The growing contribution of the EV segment, which is expected to drive future growth.
• The company’s expanding footprint in export markets, particularly Europe, known for its rigorous quality and sustainability standards.
With these developments, Talbros has strengthened its reputation as a multibagger stock, having delivered substantial returns to shareholders over the past five years.

Strategic Focus: Electric Vehicles and Exports
A defining feature of the recent order win is the company’s increasing focus on electric vehicles and international markets. Approximately 50% of the chassis system orders from the joint venture are destined for the EV segment, underscoring Talbros’s proactive approach to capitalizing on the global transition to electric mobility.
The company’s export strategy is equally noteworthy. With around ₹150 crore of the new orders allocated for exports—mainly to Europe—Talbros is leveraging its technological expertise and quality standards to tap into markets with high entry barriers. This not only diversifies its revenue streams but also positions the company as a key supplier to some of the world’s most demanding automotive markets.

Operational Impact and Future Outlook
The new contracts are expected to be executed over a period of five years, providing long-term revenue visibility and operational stability. The orders for hoses and anti-vibration components, set to commence commercial production in the latter half of the next fiscal year, will further bolster the company’s product portfolio and market presence.
Talbros’s ability to secure large, multi-year contracts across a range of product lines demonstrates its manufacturing prowess and customer-centric approach. The company’s investments in innovation, quality, and partnerships have enabled it to stay ahead of industry trends, particularly in the fast-growing EV segment.
Talbros stands to gain from the continued evolution of the global automotive landscape. Its focus on high-growth areas such as electric vehicles, coupled with a strong export orientation, is likely to drive sustained growth and value creation for shareholders.

Conclusion
The ₹580 crore contract secured by Talbros Automotive Components signifies a key achievement in its expansion efforts. The surge in share price, fueled by robust demand from both domestic and international markets, highlights the company’s strategic agility and operational excellence. As the automotive industry continues to evolve, Talbros’s focus on electric vehicles and exports positions it as a frontrunner in the next phase of industry growth. Investors and industry observers will be keenly watching the company’s next moves as it accelerates towards a dynamic and sustainable future.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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N-UNMS Project Shines Bright with Power Grid’s ₹131.68 Cr Investment

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Tanla Platforms Shares Jump Nearly 13% Ahead of Possible Third Buyback Plan
Market News - June 3, 2025

Thaai Casting Shares Rally After Securing ₹140 Crore Orders from Domestic Clients

Thaai Casting Shares Rally After Securing ₹140 Crore Orders from Domestic Clients

In a significant development for the auto component industry, Thaai Casting Limited witnessed a notable 5.1% surge in its share price following the announcement of new orders worth approximately ₹140 crore from domestic customers. This achievement not only highlights the company’s growing importance in the sector but also reinforces investor confidence in its operational strength and long-term potential.

Major Orders Signal Long-Term Revenue Stream

The orders comprise two separate contracts — one valued at ₹126.53 crore and another at ₹12.43 crore — scheduled to be executed over a span of 60 to 80 months. These deals mark a major milestone for the company and suggest strong demand for its precision-cast components in both automotive and non-automotive segments. Such long-duration contracts indicate recurring income over multiple years, a rare asset for a micro-cap company operating in the capital-intensive auto ancillary space.

Rising Market Confidence Reflected in Share Price

The positive news led to a sharp rise in Thaai Casting’s share price during the early hours of trading on June 2, 2025. The stock saw over 5% appreciation as investors welcomed the announcement as a vote of confidence in the company’s future prospects. With consistent earnings and a growing clientele, Thaai Casting appears to be transitioning from a small-cap supplier to a serious player in the high-precision components industry.

Strong Clientele and Product Range

Thaai Casting, established in 2011, has built an impressive client list over the years. The company supplies critical automotive components to several leading original equipment manufacturers (OEMs), including Maruti Suzuki, Tata Motors, Ashok Leyland, Mahindra & Mahindra, Toyota, and JCB. This clientele reflects the company’s reputation for consistent quality, timely delivery, and technical expertise.

The company focuses on advanced high-pressure die casting and precision engineering of components made from both ferrous and non-ferrous materials. Its product offerings include engine brackets, transmission mounts, steering system parts, and other components required across multiple automobile platforms. This diversified product portfolio allows Thaai Casting to serve both mass and premium vehicle segments efficiently.

Revenue Soars Despite Profit Dip

The company’s financial performance in the second half of FY24–25 shows promising revenue growth. Thaai Casting recorded a 44% year-on-year increase in revenue, climbing from ₹48 crore to ₹69 crore. However, net profit during the same period declined from ₹8 crore to ₹6 crore. While the dip in profitability may concern some stakeholders, the revenue growth trend is encouraging and indicates increasing market demand for the company’s offerings.

The decline in profits could be attributed to rising input costs, expanded capacity expenses, or ongoing capital investments. Yet, the secured long-term orders suggest the potential for stronger profitability ahead, especially once economies of scale begin to take effect.

Investments in Capacity and Infrastructure

To support its growing order book and meet quality standards, Thaai Casting has ramped up its infrastructure. The company is investing in advanced manufacturing capabilities such as gas nitriding, gear shaping, and heavy-duty machining. These technological upgrades are crucial for enhancing product durability, accuracy, and customization — all of which are essential for high-performance automotive and industrial parts.

These improvements are also likely to reduce turnaround time and improve the company’s ability to handle bulk and complex orders simultaneously.

Sectoral Outlook Favors Suppliers

India’s auto ancillary sector has been on a recovery and growth path, supported by rising vehicle sales, the government’s ‘Make in India’ push, and OEMs’ increasing focus on localized supply chains. With growing demand for electric vehicles and new vehicle platforms, component suppliers with strong technical capabilities and proven track records are likely to benefit.

Although Thaai Casting’s current portfolio largely serves ICE (internal combustion engine) vehicle segments, its precision engineering skills and diverse product range make it well-suited to pivot towards EV components in the near future.

Outlook Remains Positive

Analysts and market observers view Thaai Casting’s recent order wins as a clear sign of growing credibility among clients. If the company continues to execute well and improve its profit margins, it could attract institutional interest and move up the market cap ladder.

Moreover, its diversified client base, long-term contracts, and ongoing investments in infrastructure suggest a stable growth outlook for the medium to long term. Maintaining operational efficiency and cost controls will be key to ensuring consistent profitability.

 

 

 

 

 

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Indigo Paints Shares Decline Following Exit of Major Institutional Investor

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Belrise Industries Ltd: Stock Soars 7% on Back of 574% Net Profit Surge
Market News - May 24, 2025

Belrise Industries IPO Subscribed 5x by Day 3; GMP Rises to ₹23

Belrise Industries IPO Subscribed 5x by Day 3; GMP Rises to ₹23

Strong Investor Demand and a Rising Grey Market Premium Signal a Blockbuster Listing for the Auto Components Maker

Summary

Belrise Industries’ IPO has taken the Indian primary market by storm, achieving over 5 times subscription by the close of Day 3. With the grey market premium (GMP) reaching ₹23, investors are optimistic about a solid listing.
The IPO’s overwhelming response across all investor categories, coupled with positive analyst sentiment and strong fundamentals, sets the stage for one of the most talked-about listings of 2025.

Introduction: A Highly Sought-After IPO Opportunity

The Indian IPO landscape in 2025 has been marked by select offerings that ignite investor enthusiasm, and Belrise Industries is the latest to join that elite club. As the public issue closed on May 23, 2025, the company saw its IPO subscribed more than five times over, with a particularly strong showing from institutional and non-institutional investors. The rising GMP has only fueled the buzz, with market watchers predicting a significant premium on the listing day.

IPO Subscription Status: Numbers Tell the Story

Belrise Industries’ IPO was open for subscription from May 21 to May 23, 2025, with a price band of ₹90–₹113 per share. The offering attracted widespread interest:
• Overall Subscription: The IPO garnered an overall subscription exceeding 41 times, surpassing the 5x milestone by midday on Day 3, highlighting robust demand.
• Qualified Institutional Buyers (QIBs): QIBs dominated the subscription, applying for more than 108 times their allocated shares, demonstrating strong institutional trust in the company’s future.
• Non-Institutional Investors (NIIs): The NII segment recorded a subscription of 38.33 times, driven by significant participation from high-net-worth individuals and corporate investors.
• Retail Investors: The retail portion was subscribed over 4.25 times, demonstrating significant interest from individual investors. The IPO received more than 25 lakh applications, underscoring its broad appeal.

Grey Market Premium (GMP): A Sign of Market Sentiment

During the subscription period, the grey market premium for Belrise Industries’ shares gradually increased, hitting ₹23 by the end of Day 3.
This grey market premium suggests a likely listing price of approximately ₹136, representing a 20–25% gain over the IPO’s upper price band.
The strong GMP is widely seen as a leading indicator of robust listing gains, reflecting both investor optimism and the scarcity value created by the high oversubscription.

What’s Driving the Frenzy? Fundamentals and Future Potential

Several factors have contributed to the overwhelming response to the Belrise Industries IPO:
1. Strong Business Model
Belrise Industries is a prominent name in the auto components industry, providing essential parts to leading original equipment manufacturers (OEMs) both in India and internationally.
The company’s diversified product portfolio, long-standing client relationships, and focus on innovation have positioned it for sustained growth.
2. Financial Performance
Analysts have pointed to the company’s solid financials, with consistent revenue growth, healthy margins, and robust cash flows. The company’s ability to maintain profitability even during industry downturns has added to investor confidence.
3. Growth Prospects
With the automotive sector expected to rebound and the government’s focus on electric vehicles and localization, Belrise Industries is seen as well-placed to capitalize on emerging opportunities. The IPO proceeds are earmarked for capacity expansion, debt reduction, and investment in new technologies, which should further strengthen its market position.
4. Positive Analyst Recommendations
Brokerages and market experts have largely given the IPO a “subscribe” rating, citing the company’s growth trajectory, sector tailwinds, and attractive valuations relative to peers.

Allotment and Listing: What Investors Need to Know

Now that the IPO has closed, investors are eagerly anticipating the allotment results, expected to be announced by May 27, 2025.
Refunds for unsuccessful applicants will be processed shortly thereafter, and the shares are set to be credited to demat accounts by May 28, 2025.
Given the high subscription and strong GMP, allotment is expected to be highly competitive, especially in the retail category. Many applicants may receive only partial or no allotment, increasing the potential for post-listing buying pressure.

Risks and Considerations

While the buzz around the IPO is justified, investors should also be mindful of the risks:
• Market Volatility: IPOs with high oversubscription and strong GMPs can see sharp price swings post-listing.
• Sector Cyclicality: The auto components industry is sensitive to broader economic cycles and policy changes.
• Valuation: Some analysts caution that the stock could see profit booking if listing gains are excessive.
Long-term investors are advised to focus on business fundamentals rather than short-term price movements.

Conclusion: A Promising Debut on the Horizon

Belrise Industries’ IPO has captured the imagination of the market, with multi-fold subscription, a rising GMP, and widespread analyst support. The company’s strong fundamentals, sectoral tailwinds, and prudent use of IPO proceeds make it a compelling story for both short-term traders and long-term investors. As the listing date approaches, all eyes will be on how the stock performs in its market debut—potentially setting the tone for the next wave of IPOs in 2025.

 

 

 

 

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GNFC Records Impressive Profit Surge in Q4 FY25: A Silver Lining Amid Revenue Dip

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