NDR Auto Components Limited(NACL) is a part of the Rohit Relan Group which traces it origins to the 1930s when its founder, Late Shri N.D.Relan, started out as a stockbroker in the financial services sector. In the eighties, the group diversified into an entirely new sector –automotive manufacturing – establishing itself as a premier manufacturer of auto components under the name of Bharat Seats Limited and Sharda Motor Industries Limited (SMIL).
While Bharat Seats was a fully-integrated plant for the manufacturing of complete seating systems under one roof catering to the four-wheeler, two-wheeler and surface transport segments, SMIL commenced its operations with a large stitching unit supplying seat trims and subsequently supplied metal structures and frames to Bharat Seats Limited.
NDR Auto Components Limited was incorporated in March 2019 as the flagship company of the Rohit Relan Group with a view to demerge the automobile seating business of SMIL. The shares of NDR Auto Components Limited are listed on the National Stock Exchange and the Bombay Stock Exchange.
The management and the senior leadership team of the group have more than three decades of hands-on experience and expertise in this domain and their key customers include Maruti Suzuki India Ltd, Suzuki Motorcycles and Bellsonica.
NDR Auto Components Limited has built strong and enduring relationships with multiple partners who are globally rated amongst the best.
Our technology partners bring with them high levels of technological expertise, systems, processes, and best practices which – in conjunction with the Group’s experience and technical know-how gives NDR Auto Components Limited a definitive edge in the automotive sector.
The Board of Directors of NDR Auto Components Limited includes experienced professionals and technocrats from diverse fields; their collective experience plays a key role in guiding the group towards growth, development, and market leadership.
operates in auto components industry and does production and manufacturing of seat frames and trims for four-wheeler and two-wheeler vehicles and other accessories relating
to car seats. It manufactures, fabricates and assembles automotive components including seats.
Company Website: https://ndrauto.com/
Metals :
Seats Or Trims
Production Facilities:
Company has manufacturing facilities for:
a) Sheet Metal at Pathredi, Haryana
b) Trim Plant at Gurgaon, Haryana
c) Seat Frame & Trim at Surendra Nagar, Gujarat
d) Seat Frame & Trim at Bangalore, Karnatak
Product Wise Client:
a) Maruti Suzuki:Grand Vitara, Brezza, Dzire, Ciaz, Wagon R, Jimny, Fronx, Alto
b) Toyota: Hyryder, Urban Cruiser
c) Suzuki:Access, Gixxer
New Product:
Company is launching a new product Sunshade for various car models of Maruti Suzuki India Limited and Toyota Kirloskar Motor Private Limited. This new product will be manufactured at their plant situated at Bengaluru. The launch date of this new project will be in January, 2025
Revenue Breakup – FY24:
Trims: 60% ,Metals or Frames :40%.
Capex:
Company approved the capital expenditure of Rs. 818.63 towards its new product Sunshade and for its existing product Trims.
Bonus Issue:
In July 2023, company approved Bonus shares in the ratio 1:1
In Sept 2024, company approved Bonus shares in the ratio 1:1
Regular Dividend Paying Company.
New Products & Expanding Capacities :
Overall, the company is expanding Capax & is a very good branded company, having more than a decade of experience, & new products are also going to be launched. It’s good company fundamentally also.
Company Name in BSE : NDR Auto
Cmp : 704 /-(10.12.2024)
52 Weeks High/Low : 1040/337
Target : 1050 – 1600-4000++
Time Period : 2 Years to 5 Years.
Open New Demat account: click below Link.
1. Reference
ID: ULR668.
https://zerodha.com/?c=ULR668&s=CONSOLE
2. Reference ID:
VS302.
https://sasonline.in/?rid=VS302
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