An auto component manufacturer with over five decades of experience, specializing in control cables. The company has a long-term relationship with top domestic and global OEMs, focusing on exports and high-margin products. Recent expansions into new segments and international acquisitions have strengthened its market position, driving steady revenue growth and improved profitability. The company is on the path of transforming itself from a family-run business to a more professionally run business.
About the company
Remsons Industries (Mcap 400 Cr) Limited was established in 1971 and went public in 1995. Its core business model revolves around manufacturing and supplying automotive components.
A little background
In 1959, Mr. Vishwa Prakash Harlalka founded Remsons as a trading company, the company ventured into manufacturing various engineering items for the Automobile industry. The company pioneered Control Cables and Pressure die-cast cables in India. It also indigenously developed gear shift cables, dash mount cables, brake assembly and push, and pull cables.
Remsons Industries at a Glance
Understanding Remson’s offerings
To read the full article, please subscribe to PRUDENT Ideas Membership!
See you next time.
Until then… Stay Prudent!
Disclaimer: This article is provided for informational purposes only and should not be considered as an investment advice
Also read:
3x revenue growth will include 100% revenue from JV’s. so, profit growth will be less than 3x due to share in profits of JV’s by minority shareholders. Also, equity dilution for further acquisitions will reduce EPS even further.