What we do Automotive Stampings & Assemblies Ltd manufactures sheet metal stampings, welded assemblies, battery trays, aluminum cooling tubes and heavy fabricated parts for automotive sectors including passenger, commercial, and electric vehicles. |
Founded in 1,990 |
Market share Key supplier to Tata Motors and other major OEMs in India with a strong presence in passenger and commercial vehicle segments focusing on EV components. |
Problem solved Provides essential high-quality automotive components addressing OEM needs for durability, lightweight, and specialized parts in evolving vehicle technologies. |
Top clients or who we serve Major OEMs including Tata Motors (PV, CV, Electric divisions), FIAT India, Ashok Leyland, Piaggio, and others; primarily B2B automotive suppliers. |
Key management - |
Our journey and innovations Founded in 1990; key milestones include becoming TATA subsidiary in 2010, capacity expansions, and recent diversification into battery trays and EV cooling tubes. |
Where we operate Operates five manufacturing units across India in Maharashtra, Uttarakhand, Gujarat, and Jharkhand; serving domestic automotive market. |
Top products or what we offer Sheet metal components, welded assemblies, battery trays, aluminum cooling tubes, heavy fabricated parts primarily for passenger, commercial vehicles, and EVs. |
Top brands - |
Raw materials needed Mainly steel and aluminum used for stampings, assemblies, battery trays, and cooling tubes. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical aligned with automotive industry demand but increasing EV segment offers growth and recurring new product opportunities. |
Our industry position Strong position as a key tier-1 supplier to Tata Motors, capturing significant share in passenger, commercial and electric vehicle components. |
Financial highlights FY25 revenue of ₹775.3 crore with PAT at ₹16.8 crore; EBITDA maintained despite lower sales due to product mix and cost efficiencies. |
Geographical revenue split 100% revenue from domestic Indian market across multiple states. |
Order book - |
Whats driving growth Growth driven by rising automotive demand, EV segment expansion, new product launches, and strong OEM partnerships especially with Tata Motors. |
Our future plans Focus on expanding battery tray manufacturing capacity, exploring more EV business, and enhancing technology and operational efficiencies. |
Our green promise Environmental initiatives include solar installations at plants, tree planting over 1200 trees, waste reduction and sustainability practices aligned with Tata group values. |
Our people and values 504 employees; emphasis on skill development, safety culture, employee engagement, and inclusive workplace environment. |
Key challenges ahead Customer concentration risk, fluctuating raw material prices, skilled labor availability, and supply chain management challenges. |
Interesting facts Received over 262 quality and safety awards; operates 5 plants across India with advanced robotic welding and sustainability measures. |
Risks and strategy Mitigates concentrated customer risk by diversifying clients; controls costs through operational efficiencies; focuses on workforce training and supply chain localization. |
