MUMBAI | Nov 08 :The Board of Directors of Remsons Industries Ltd. (NSE: REMSONSIND | BSE: 530919), an automotive OEM components manufacturer with a legacy of three generations supplying to two, three and four-wheeler vehicles, commercial vehicles and off-highway vehicles across India and to automotive OEMs globally, today approved the audited financial results for the quarter and half year ended 30th September, 2026.

Financial Performance

Consolidated Performance Indicators

All values are in ₹ Mn and consolidated. EPS is after considering Stock Split. Numbers are rounded off to their nearest digit.

Key Business Highlights

Ø Leadership Transition to Support Next Growth Phase: Appointed Mr. Rahul Desai as the new CEO, effective 3rd August, 2026 and Mrs. Shivani Kejriwal as Additional Whole Time Director of the Company w.e.f 16th October, 2026

Ø The Board of Directors have approved exit of Remsons from joint venture agreement in Aircom Remsons Automotive Private Limited.

Ø Remsons Industries Ltd. secured an order from a leading global commercial vehicle OEM for the supply of Hood Rods, with an order value of ₹300 mn to be executed over six years.

Ø Remsons Industries Ltd. secured a landmark ₹3,000mn, 7-year order from Stellantis N.V. for the supply of control cables.

Ø BEE Lighting Ltd secured a significant ₹120mn order from a Global Multinational OEM for the design and development of exterior vehicle lighting.

Ø Remsons Automotive Ltd. (UK), was nominated by a global commercial vehicle OEM for a 10-year pedal box programme, with production scheduled to commence in Q4 CY2028. The programme carries an estimated lifetime value of ~₹1600 mn.

Management Discussion and Commentary:

Performance Overview

Revenue from operations grew 17% YoY to ₹1,355 Mn, well above the broader auto-components sector. EBITDA stood at ~₹122 Mn at a ~9% margin (excluding other income), & PAT attributable to shareholders stood at ₹47 Mn, with diluted EPS at ₹1.36.  

Key Drivers of Growth

The engines combined to drive growth well above the industry rate, even against a challenging macroeconomic backdrop characterised by raw material inflation and global trade dislocation:

1.   New order book activation: Multi-year programmes including the ₹3,000mn Stellantis order, the ₹600mn Gear Shifter contract, and a 10-year international pedal box programme at the UK subsidiary will begin to flow through revenue.

2.  Product-mix premiumisation: Shift from pure-play cables and gear-shifters into sensors (Remsons-Uni Autonics) & lighting (BEE) has lifted realisation per unit.

3.  Export tailwind: With most net sales additions concentrated in international programmes (UK, Europe, North America), the Company has benefited from the China+1 sourcing rotation among global OEMs.

 Strategic Roadmap — FY27 and Beyond

The Company remains firmly on track toward its publicly stated revenue aspiration of ₹9,000–10,000mn by FY30. From the FY26 base of ₹4687mn , this implies a CAGR of roughly 24–29% through FY30. The strategic priorities are well-defined:

▶ Stellantis programme ramp-up: Deliveries commence in FY27 the single biggest visible revenue lever for the next two years.

▶ Capex of ₹1,000mn over three years: Targeting plant upgrades in India and the UK, with focus on EV-compatible parts, sensors and tyre mobility kits.

▶ Geographic diversification of manufacturing: India + UK + Brazil (via licensing) reduces single-region risk and provides natural currency hedges.

▶ Customer diversification: Exposure spread across Stellantis, Tata Motors, Hero, Maruti, and UK luxury/supercar OEMs via BEE Lighting put together across PV, CV, EV and two-wheeler segments.

▶ Selective M&A: Net debt is manageable, giving room to fund one more meaningful acquisition.

FROM THE CHAIRMAN & MANAGING DIRECTOR

“For Q2FY27 our Revenue grew 17% year-on-year to ₹1,355 million. EBITDA stood at ₹122 million, with margins at 9%. while Net PAT came in at ₹47 million. The quarter reflects continued momentum in our core business and sustained demand across our product portfolio. 

Remsons has been built over many years through ambition, passion, commitment and trust. I would like to take a moment to acknowledge the extraordinary contributions of our former Whole Time Director Mr. Rahul Kejriwal. His leadership was phenomenal and instrumental in shaping Remsons 2.0 from control cable supplier to global mobility supplier. While his passing is a profound loss, his vision and values continue to guide us. Myself and the entire team at Remsons are committed to carrying his legacy forward, with the same belief that our best years are yet to come. 

We remain firmly on track to achieve our FY30 revenue aspiration of ₹900–1,000 crore. With a new leadership under Mr. Rahul Desai we continue to remain focused on healthy growth trajectory, expanding product portfolio and continued focus on operational execution. Our strategic priorities remain unchanged — deepening our core business, moving further up the value chain and expanding our product portfolio.  

We remain committed to building a resilient and scalable business while delivering sustainable value for our shareholders. We are confident about the year ahead and remain focused on executing our growth strategy with discipline and consistency.” 

—  KRISHNA KEJRIWAL, Chairman & Managing Director