Mumbai, May 23 : The Board of Directors of Remsons Industries Ltd. automotive OEM components manufacturer catering to two-, three-, and four-wheeler vehicles, commercial vehicles, and off-highway applications, today approved the audited financial results for the quarter and year ended March 31, 2026.
The company delivered its strongest-ever annual performance, driven by robust revenue growth, margin expansion, strategic order wins, and strong cash generation.
Financial Highlights
Q4 FY26 Performance (Consolidated)
- Revenue stood at ₹1,304 million, compared to ₹1,062 million in Q4 FY25
- EBITDA remained steady at ₹110 million
- Profit Before Tax stood at ₹54 million
- Net Profit After Tax increased to ₹52 million from ₹46 million
- Diluted EPS rose to ₹1.50 per share
FY26 Performance (Consolidated)
- Revenue from operations grew 24.5% YoY to ₹4,687 million
- EBITDA increased to ₹495 million from ₹374 million
- Profit Before Tax rose to ₹277 million
- Net Profit After Tax climbed 26% YoY to ₹181 million
- Diluted EPS increased to ₹5.18 per share
- Cash flow from operations surged nearly 2.7x to ₹600 million
- Net worth strengthened to ₹1,569 million
Key Business Developments
Major Global Order Wins
- Remsons Automotive (UK) secured a landmark ₹3,000 million, seven-year order from global automotive major Stellantis for control cables, with deliveries commencing in FY27.
- BEE Lighting Ltd won a ₹120 million order from a global OEM for the design and development of exterior vehicle lighting systems.
- The company secured a ₹600 million gear shifter business award from a leading Indian commercial vehicle OEM.
- Remsons also entered a new product category with an order for Hood Rods from a global OEM, opening future opportunities with international customers.
Manufacturing Expansion
The company inaugurated a new 30,000 sq. ft. manufacturing facility in Chakan, Pune, focused on locomotive and defence applications. Additionally, Remsons identified another 20,000 sq. ft. property in the NCR region to support future capacity expansion.
Credit Rating Upgrade
ICRA upgraded the company’s long-term credit rating from BBB to BBB+ and short-term rating from A3+ to A2, covering facilities worth ₹868.2 million.
Growth Drivers
Management attributed FY26 growth to:
- Full-year contribution from recent acquisitions, including BEE Lighting (UK)
- Activation of large multi-year order programs
- Expansion into higher-margin product categories such as sensors, lighting, and locomotive components
- Strong export demand supported by the global China+1 sourcing shift
The company’s EBITDA margin improved to approximately 11%, compared to around 10% in FY25, reflecting a structural improvement in profitability.
Strategic Roadmap for FY27 and Beyond
Remsons reiterated its target of achieving ₹9,000–10,000 million in revenue by FY30, implying a CAGR of 24–29% from current levels.
Key priorities include:
- Ramp-up of the Stellantis program beginning FY27
- Planned capex of ₹1,000 million over the next three years
- Expansion into EV-compatible products, sensors, and mobility solutions
- Geographic diversification across India, the UK, and Brazil
- Selective acquisitions to strengthen product capabilities
Management Commentary
Mr. Krishna Kejriwal, Chairman & Managing Director, Remsons Industries Ltd., said:
“I am pleased to report a strong performance for FY26. Revenue grew 24% year-on-year to ₹4,687 million, while EBITDA rose 33% to ₹495 million with healthy margins of 11%. Net profit increased 26% YoY to ₹181 million, reflecting improved operating leverage and disciplined execution.”
He added:
“Our strategic focus on higher-value products, operational efficiencies, and export growth is translating into visible results. We remain firmly on track toward our FY30 revenue aspiration of ₹900–1,000 crore and continue to focus on building a resilient and scalable business that delivers long-term value for stakeholders.”
Outlook
The company expects continued revenue momentum in FY27, supported by execution of large global programs and sustained export demand. While global geopolitical tensions and raw material inflation may create short-term margin pressure, management believes the company’s diversified manufacturing footprint, export-linked pricing mechanisms, and disciplined cost management will provide resilience.