| Automotive Components & Assemblies | Sheet metal parts, BIW assemblies, exhaust systems, pedal controls, sub-assemblies for passenger, commercial vehicles, two-wheelers. | Strong OEM relationships, advanced manufacturing capabilities, and in-house design engineering. | B2B supplying major OEMs like Tata Motors, Mahindra, Ashok Leyland, Cummins. | Complex assemblies and high-value welded parts. | 484 | 73 | Manufacturing and long-term supply contracts with OEMs. | Direct sales based on contracts; volume and project-based pricing. | Rising vehicle production, EV transition, new model launches, premiumization. | |
| Tools, Dies and Moulds | Press tools, dies, molds manufacturing and maintenance, used for sheet metal stamping operations. | Integrated tool room facilities and engineering design centers. | B2B to automotive component manufacturers and OEM tool rooms. | Specialized tooling services and design expertise. | 38 | 6 | Manufacturing and service contracts for tooling. | Contract and project-based fees. | Automotive production growth and tooling demand. | |
| Scrap | Recycling and sale of metal scrap generated during manufacturing. | | B2B to scrap dealers and recyclers. | | 63 | 9 | Sale of scrap materials. | Commodity based sales. | Manufacturing volume and metal price fluctuations. | |
| Others (including E-mobility) | Electric bicycles manufacturing, engineering services, and other ancillary business activities. | Early mover advantage in EV and e-mobility product lines. | Retail customers (E-bicycles), OEMs (engineering services), B2B and B2C mix. | E-bicycle sales and specialized engineering services. | 74 | 11 | Product sales and service contracts. | Direct product sales; service contracts. | Growing demand for electric mobility and clean energy solutions. | |
