REMSONSIND - Remsons Ind
📢 Recent Corporate Announcements
Remsons Industries Limited has scheduled an in-person meeting with institutional investors and analysts for March 20, 2026. The event, titled 'GIA Auto Day,' is organized by Go India Advisors and will take place in Mumbai from 11:30 AM to 03:30 PM. The company will present its latest quarterly performance and strategic outlook using previously disclosed information. Management has confirmed that no unpublished price-sensitive information (UPSI) will be shared during this group conference.
- In-person group conference scheduled for March 20, 2026, at BKC, Mumbai.
- The event is a 4-hour session from 11:30 AM to 03:30 PM IST.
- Organized by Go India Advisors as part of their 'GIA Auto Day' event.
- Discussions will be limited to the latest quarterly investor presentation already in the public domain.
Remsons Industries Limited has scheduled a virtual meeting with Arihant Capital as part of the Bharat Connect Conference Rising Star 2026. The interaction is set for March 9, 2026, between 3:00 PM and 4:00 PM. Management will utilize the latest quarterly investor presentation already hosted on the company's website. The company explicitly stated that no unpublished price sensitive information (UPSI) will be shared during the meeting.
- Virtual meeting scheduled with Arihant Capital on March 9, 2026.
- Participation in the Bharat Connect Conference Rising Star 2026.
- One-hour session scheduled from 3:00 PM to 4:00 PM.
- Company confirms no Unpublished Price Sensitive Information will be disclosed.
Remsons Industries Limited has received an adverse order from the Commissioner of Income Tax Appeals (NFAC) regarding Assessment Year 2021-22. The order upholds the disallowance of expenses totaling ₹4.91 crore, dismissing the company's previous appeal. While the company maintains that there is no material impact on operations, it intends to challenge this decision before the Income Tax Appellate Tribunal (ITAT) in Mumbai. The company also clarified a reporting delay to the exchanges, citing the absence of the concerned officer when the order was first received.
- NFAC dismissed the company's appeal against the Assessment Order for AY 2021-22.
- The order upholds the disallowance of specific expenses amounting to ₹4.91 crore.
- Company plans to file a further appeal before the Hon'ble Income Tax Appellate Tribunal, Mumbai.
- A reporting delay occurred between February 18 and February 26, 2026, due to administrative reasons.
- Management claims the order currently has no material impact on financials or operations.
Remsons Industries Limited has received an adverse order from the Commissioner of Income Tax Appeals (NFAC) regarding the Assessment Year 2021-22. The order upholds the disallowance of expenses totaling Rs 4.91 crore, which was originally contested by the company. While the management states there is no material impact on current operations, this represents a potential tax liability. The company has announced its intention to appeal this decision before the Income Tax Appellate Tribunal (ITAT) in Mumbai.
- NFAC dismissed the company's appeal against the Assessment Order for AY 2021-22.
- The order upholds the disallowance of certain expenses amounting to Rs 4.91 crore.
- The formal order from the Commissioner of Income Tax Appeals was received on February 18, 2026.
- The company is evaluating the merits to file a further appeal before the ITAT, Mumbai.
Remsons Industries Limited has scheduled an in-person meeting with Farley Capital on February 19, 2026, at its Mumbai office. The meeting is slated to occur between 2:30 PM and 3:30 PM to discuss the company's performance. Management will utilize the latest quarterly investor presentation already available on the stock exchanges. The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during this interaction.
- In-person meeting with Farley Capital scheduled for February 19, 2026.
- The interaction is set for a duration of one hour from 2:30 PM to 3:30 PM.
- Meeting will be held at the company's registered office in Mumbai.
- Discussion will focus on the existing quarterly investor presentation with no UPSI disclosure.
Remsons Industries reported a 20% YoY revenue growth in Q3 FY26 to ₹123 crores, with 9M FY26 revenue reaching ₹338 crores. The company secured a significant ₹60 crore order from a domestic CV OEM and is progressing on a ₹300+ crore multi-year Stellantis contract. Management has set an ambitious revenue target of ₹900-₹1,000 crore by FY29 with EBITDA margins expected to improve to 13-14%. Exports remain a strong pillar, contributing 33% to the quarterly revenue while maintaining a comfortable net debt-to-equity of 0.63x.
- Q3 FY26 revenue grew 20% YoY to ₹123 crores; 9M FY26 revenue up 25% to ₹338 crores.
- Secured a ₹60 crore order from a leading Indian CV OEM for gear shifters over 5 years.
- Stellantis contract (₹300+ crore) to contribute ₹40-50 crore annually starting next fiscal.
- Management targets ₹900-₹1,000 crore revenue by FY29 with 13-14% EBITDA margins.
- Net debt-to-equity ratio maintained at a disciplined level of 0.63x.
Remsons Industries Limited has made the audio recording of its Q3 FY26 earnings call available to the public. The call, held on February 13, 2026, involved discussions with analysts and institutional investors regarding the company's quarterly performance. This disclosure is a routine regulatory requirement under SEBI LODR Regulations to ensure transparency for all shareholders. Investors can access the full recording via the company's website or the provided direct link.
- Earnings call for Q3 FY26 was conducted on February 13, 2026
- Audio recording link: https://www.remsons.com/content/audio/Analyst%20Q32026.mp3
- Compliance with SEBI Regulation 30 and 46(2)(oa) for public disclosure
- Recording provides management commentary on the company's financial and operational status
Remsons Industries reported a strong performance for 9M FY26, with consolidated revenue growing 25% YoY to ₹3,383 million and Net PAT rising 31% to ₹128 million. The company achieved significant margin expansion, with EBITDA margins improving to 11% from 10% in the previous year. Growth is underpinned by a massive ₹300 crore order from Stellantis and a ₹60 crore order for commercial vehicle gear shifters. Management has set an ambitious revenue target of ₹900-1,000 crore by FY29, supported by new facilities in Pune and the NCR region.
- 9M FY26 Revenue increased 25% YoY to ₹3,383 million, with EBITDA surging 46% to ₹386 million.
- Secured a landmark ₹300 crore, 7-year order from Stellantis N.V. for control cables.
- Inaugurated a 30,000 sq. ft. state-of-the-art manufacturing facility in Pune for locomotive applications.
- ICRA upgraded the company's long-term credit rating from BBB to BBB+ and short-term to A2.
- Management maintains a long-term revenue aspiration of ₹9,000–10,000 million by FY29.
Remsons Industries reported a robust Q3 FY26 with consolidated revenue growing 20% YoY to ₹1,231 million and PAT increasing 34% to ₹51 million. The company demonstrated strong business momentum by securing a massive ₹300 crore, 7-year order from Stellantis and a ₹60 crore order for CV shifters. Operational capacity is expanding with a new 30,000 sq. ft. locomotive plant in Pune and additional space in NCR. Furthermore, ICRA has upgraded the company's credit rating to BBB+, signaling improved financial health and lower risk.
- Consolidated Revenue for Q3 FY26 rose 20% YoY to ₹1,231 million, with EBITDA growing 18% to ₹147 million.
- Secured a landmark ₹300 crore order from Stellantis N.V. for control cables to be executed over 7 years.
- ICRA upgraded the long-term credit rating from BBB to BBB+ and short-term rating to A2.
- Inaugurated a 30,000 sq. ft. manufacturing facility in Pune for locomotive applications and identified 20,000 sq. ft. in NCR for expansion.
- Management reaffirmed a long-term revenue target of ₹900–1,000 crore by FY29, driven by product diversification and exports.
Remsons Industries reported a strong 24.1% YoY increase in consolidated revenue to ₹113.62 crore for the quarter ended December 31, 2025. Consolidated net profit attributable to owners rose to ₹5.12 crore from ₹3.98 crore in the year-ago period. Standalone performance was slightly impacted by a one-time exceptional expense of ₹72.92 lakhs related to the implementation of New Labour Codes. Additionally, the company has re-appointed M/s. H A M & Co. as Internal Auditors for the 2026-27 fiscal year.
- Consolidated Revenue from Operations increased 24.1% YoY to ₹113.62 crore.
- Consolidated Net Profit for the quarter rose to ₹5.12 crore from ₹3.98 crore YoY.
- Standalone Net Profit stood at ₹3.36 crore, marginally lower than ₹3.38 crore YoY due to exceptional items.
- Exceptional item of ₹72.92 lakhs recognized for incremental Employee Benefit Obligations under New Labour Codes.
- Re-appointed M/s. H A M & Co., Chartered Accountants, as Internal Auditors for FY 2026-27.
Remsons Industries reported a strong financial performance for Q3 FY26, with consolidated revenue from operations growing 24.1% YoY to ₹113.62 crore. Consolidated net profit attributable to owners rose to ₹5.12 crore, compared to ₹3.98 crore in the same quarter last year. The company maintained growth despite an exceptional charge of ₹72.92 lakhs related to the implementation of New Labour Codes. The board also confirmed the re-appointment of M/s. H A M & Co. as internal auditors for FY 2026-27.
- Consolidated Revenue from Operations increased 24.1% YoY to ₹11,362.11 lakhs.
- Consolidated Net Profit (attributable to owners) grew 28.6% YoY to ₹512.44 lakhs.
- Standalone Revenue rose to ₹9,325.89 lakhs from ₹7,655.31 lakhs in the previous year's corresponding quarter.
- Exceptional item of ₹72.92 lakhs recognized due to the impact of New Labour Codes on employee benefit obligations.
- Basic Earnings Per Share (EPS) improved to ₹1.47 from ₹1.14 in Q3 FY25.
Remsons Industries reported a robust performance for Q3 FY26, with consolidated revenue from operations growing 42.3% YoY to ₹11,462.11 lakhs. Consolidated net profit for the quarter increased to ₹541.21 lakhs from ₹398.40 lakhs in the previous year, despite an exceptional charge of ₹72.92 lakhs. The exceptional item was a non-recurring cost related to employee benefit obligations under the New Labour Codes. For the nine-month period ended December 2025, consolidated revenue reached ₹31,579.15 lakhs, reflecting strong momentum in the automotive components segment.
- Consolidated Revenue from Operations increased 42.3% YoY to ₹11,462.11 lakhs.
- Consolidated Net Profit (attributable to owners) grew 35.8% YoY to ₹541.21 lakhs.
- Nine-month consolidated revenue reached ₹31,579.15 lakhs compared to ₹25,530.25 lakhs in the prior year period.
- Exceptional charge of ₹72.92 lakhs recorded due to incremental impact of New Labour Codes on employee benefits.
- Consolidated Basic EPS for the quarter improved to ₹1.55 from ₹1.14 YoY.
Remsons Industries Limited has scheduled an earnings conference call for Friday, February 13, 2026, at 1:00 PM IST. The call will discuss the company's financial performance for the third quarter and the nine-month period ending December 31, 2025. Key management personnel, including MD & CEO Rahul Kejriwal and CFO Debendra Panda, will be present to interact with analysts and investors. This interaction provides a platform for stakeholders to seek clarity on operational performance and future growth strategies.
- Earnings conference call scheduled for February 13, 2026, at 1:00 PM IST.
- Discussion to focus on Q3 FY26 and 9M FY26 financial results.
- Top management participation includes MD & CEO Rahul Kejriwal, CEO Amit Srivastava, and CFO Debendra Panda.
- Call hosted by Go India Advisors with universal dial-in numbers +91 22 6280 1557 and +91 22 7115 8383.
- The company will refer to publicly available documents and intends to avoid discussing unpublished price sensitive information (UPSI).
Remsons Industries has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations for the period ending December 31, 2025. The certificate, issued by MUFG Intime India Private Limited, confirms that all dematerialization requests were processed within mandated timelines. It ensures that security certificates received were verified, cancelled, and the depositories were updated as registered owners. This is a standard procedural filing required by all listed companies in India to maintain transparency in shareholding records.
- Compliance certificate submitted for the quarter ended December 31, 2025
- Issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited
- Confirms dematerialization requests were handled within prescribed SEBI timelines
- Verification and cancellation of physical certificates completed as per regulations
Remsons Industries has secured a significant business award worth ₹60 crore from a prominent Indian Commercial Vehicle (CV) manufacturer. The contract entails the supply of Gear Shifters with Push Pull Cables over a five-year execution period. Deliveries for this order are slated to begin in Q1 of the 2026-27 financial year. This win reinforces the company's standing in the automotive component sector and ensures steady long-term revenue visibility.
- Secured a ₹60 crore order from a leading domestic Commercial Vehicle OEM
- Contract involves the supply of Gear Shifters with Push Pull Cables
- The order will be executed over a period of 60 months (5 years)
- Supply commencement is scheduled for Q1 of the 2026-27 fiscal year
Financial Performance
Revenue Growth by Segment
Consolidated revenue grew 20.4% YoY to INR 379.86 Cr in FY25. Q2 FY26 revenue grew 27% YoY to INR 115.5 Cr. Segments include 2-Wheelers, 3-Wheelers, Passenger Cars, LCV, HCV, Farm, and Railways.
Geographic Revenue Split
Global presence in Italy, Germany, Spain, UK, USA, and Asia. Export realizations are a key driver for the 77% EBITDA growth in Q2 FY26.
Profitability Margins
Consolidated Net Profit Margin was 3.82% in FY25, down 10% from 4.26% in FY24. Standalone PAT margin was 3.98% in FY25.
EBITDA Margin
Consolidated EBITDA margin was 10.7% in FY25 (INR 40.63 Cr). Q2 FY26 EBITDA margin improved to 11%, marking a 77% increase in absolute EBITDA to INR 13.3 Cr.
Capital Expenditure
Planned investment of INR 100 Cr over the next three years to support the 3X revenue jump target and capacity expansion.
Credit Rating & Borrowing
Upgraded to CRISIL BBB+/Stable/A2 from BBB/Stable/A3+. Total outside liabilities to adjusted networth (TOLANW) stood at 1.58 times as of March 31, 2025.
Operational Drivers
Raw Materials
Not specifically disclosed in available documents, but described as an engineering-driven, backward-integrated precision solutions provider for cables and shifters.
Capacity Expansion
Identified an additional 80,000 sq. ft. of property in the National Capital Region (NCR) to bolster manufacturing and operational capacity.
Manufacturing Efficiency
Operating margins improved to over 10% in FY25 due to better fixed cost absorption and higher export sales.
Strategic Growth
Expected Growth Rate
20%
Growth Strategy
Achieving 20% CAGR to reach INR 900-1,000 Cr by FY29 through expansion into the Railways sector, increasing high-margin product mix (Next Gen products), and geographic expansion. The company is adding 80,000 sq. ft. of capacity in NCR and pursuing growth via JVs, collaborations, and acquisitions.
Products & Services
Control cables, gear shifters, winches, pedal boxes, and handle bar assemblies.
Brand Portfolio
Remsons.
New Products/Services
Diversifying into the Railways sector and expanding product offerings to Next Gen mobility solutions.
Market Expansion
Expanding presence in domestic and export markets, specifically targeting adjacent mobility and non-automotive sectors.
Market Share & Ranking
Established market position in the automobile cables industry; specific ranking not disclosed.
Strategic Alliances
Growth strategy includes accelerating the journey via JVs, collaborations, and acquisitions.
External Factors
Industry Trends
Shift towards electrification (EV agnostic portfolio), premiumisation, and localisation. The industry is evolving towards high-value precision components.
Competitive Landscape
Caters to a broad base of OEMs and dealers in India and the UK, competing in both domestic and international arenas.
Competitive Moat
Established market position in the automobile cables industry with a strong customer base of major OEMs. The portfolio is EV agnostic, ensuring sustainability during the ICE to EV transition.
Macro Economic Sensitivity
Performance is linked to overall economic trends and the prospects of the automotive industry.
Consumer Behavior
Driven by increasing customer demand for premium and localized automotive components.
Geopolitical Risks
Rising geopolitical challenges are noted as a risk, though the business model has shown resilience.
Regulatory & Governance
Industry Regulations
Compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) 2015 and Section 177 of the Companies Act 2013 for audit committee oversight.
Taxation Policy Impact
Consolidated tax rate for FY25 was approximately 36% based on PBT of INR 22.45 Cr and PAT of INR 14.37 Cr.
Risk Analysis
Key Uncertainties
Geopolitical challenges and rising input costs could impact the 11% EBITDA margin.
Geographic Concentration Risk
While global, the company is expanding significantly in the National Capital Region (NCR) to meet domestic demand.
Third Party Dependencies
Dependency on major auto manufacturers (OEMs) for the majority of revenue.
Technology Obsolescence Risk
Mitigated by an EV agnostic product portfolio and investment in next-generation technologies.
Credit & Counterparty Risk
Debtors Turnover of 5.60 indicates stable receivables quality.