Remsons Industries Achieves Strong FY26 Results, Secures Major Global Orders for Future Growth

Remsons Industries Achieves Strong FY26 Results, Secures Major Global Orders for Future Growth​

MUMBAI · 22 MAY 2026

Remsons Industries Ltd., an automotive OEM components manufacturer, today announced the audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results, noting that the company, which supplies components to two, three, and four-wheeler vehicles, commercial vehicles, and off-highway vehicles across India and globally, ended the fiscal year on a strong note.

Financial Performance Overview​

The company's consolidated financial performance shows significant year-over-year growth. The key performance indicators for the quarters ending March 31, 2026, and the full financial years 2026 and 2025 are summarized below:


The management noted that revenue from operations grew 24.5% Year-on-Year (YoY) to ₹4,687 million, while EBITDA expanded to approximately ₹495 million, marking an 11% margin (excluding other income). Profit After Tax (PAT) attributable to shareholders increased 26% YoY to ₹181 million.

Key Business Achievements and Capacity Expansion​

Remsons Industries secured several major orders and enhanced its operational footprint during the fiscal year:

• Stellantis Order Win: Remsons Automotive (UK) secured a landmark ₹3,000 million, 7-year order from Stellantis N.V. for the supply of control cables, marking one of the largest orders in the company’s history. Deliveries for this contract are set to commence in FY27.
• Commercial Vehicle Order: The company received a business award for Gear Shifters with Push Pull Cables worth ₹600 million, to be executed over a period of five years from a leading Commercial Vehicle Indian OEM.
• Lighting and Product Diversification: BEE Lighting Ltd secured a significant ₹120 million order from a Global Multinational OEM for the design and development of exterior vehicle lighting. Additionally, Remsons secured an order for Hood Rods from a global OEM, adding a new product line to its portfolio.
• Manufacturing Expansion: Remsons inaugurated a 30,000 sq. ft. state-of-the-art manufacturing facility in Chakan, Pune, dedicated to locomotive and Defence applications. The company also identified an additional 20,000 sq. ft. of property in the National Capital Region to increase manufacturing capacity.
• Credit Rating: ICRA upgraded Remsons' credit rating outlook—long-term improved from BBB to BBB+ and short-term from A3+ to A2—covering ₹868.2 million in facilities.

Growth Drivers and Strategic Roadmap​

The company attributes its robust growth to several key drivers, including the full-year consolidation of recent acquisitions, activation of multi-year programs like the Stellantis and Gear Shifter contracts, and product-mix premiumization. The shift into higher-value categories such as lighting, sensors, and locomotive components has boosted realization per unit.

On the operational front, the company established a strong foundation, with total assets growing 11.7% to ₹3,607 million, and net worth strengthening to ₹1,569 million.

Looking ahead, the strategic priorities include the ramp-up of the Stellantis program, planned capital expenditure of ₹1,000 million over three years for plant upgrades in India and the UK, and geographic diversification of manufacturing across India, the UK, and Brazil.

During the address, the Chairman & Managing Director, Krishna Kejriwal, highlighted that the company remains firmly on track toward its publicly stated revenue aspiration of ₹900-1,000 crore by FY30, implying a CAGR of roughly 24-29% through FY30.

Management also noted that while the business benefits from a favorable Rupee exchange rate, export realisations and margins could face potential compression of 100-200 basis points in the short term if Middle East tensions persist, although the company is mitigating risks through foreign-currency-denominated order books and a diversified manufacturing spread.

REMSONSIND Stock Price Movement​

Remsons Industries Limited shares slipped by 2.60% on Friday, settling at ₹102.57. Trading volume accounted for 71,045 shares during the session.