What we do ASL Industries Ltd started as a manufacturer of automobile and railway parts with an in-house manufacturing facility in Jamshedpur but recently shifted to IT and computer services. |
Founded in 1,983 |
Market share Niche player in automobile parts manufacturing; transitioning to IT sector with limited current market presence. |
Problem solved Provides engineered components for automobile and railway sectors; now pivoting to deliver IT and computer-related solutions. |
Top clients or who we serve Automobile manufacturers, railway industries; future focus on IT clients across sectors. Primarily B2B model. |
Key management Subhash Gurav (Managing Director & CFO), Kiran Thakore (Chairman), Anupriya Sharma and Shiksha Sharma (Independent Directors). |
Our journey and innovations Founded in 1983, underwent multiple structural changes, acquired forging division in 2015; shifted business model to IT services in 2025. |
Where we operate Operations primarily in India with manufacturing based in Jamshedpur; listed on NSE SME platform, with plans for IT sector expansion. |
Top products or what we offer Manufactured pressed, fabricated, machined automobile and railway parts; currently developing IT and computer services offerings. |
Top brands - |
Raw materials needed Steel, forged metals, sheet metals for manufacturing parts. |
Raw materials supplier - |
Recurring vs cyclical contribution Previously cyclical revenues from manufacturing; no operational income recently; other income currently contributes. |
Our industry position Small scale manufacturing player transitioning to IT services; limited scale in new sector as of 2025. |
Financial highlights FY25 revenue was zero due to business transition; profit after tax around Rs. 8.56 lakh mainly from other income. |
Geographical revenue split - |
Order book - |
Whats driving growth Business model change to IT services aiming to tap growing digital demand; legacy manufacturing operations closed. |
Our future plans Focus on developing IT and computer services; no manufacturing income expected; resource allocation planned accordingly. |
Our green promise ISO 14001:2015 certified for environmental management from prior manufacturing operations. |
Our people and values Committed workforce adapting to strategic shift; emphasis on corporate governance and workplace safety. |
Key challenges ahead Building IT capabilities from manufacturing base; market competition and rebranding; no current revenue from operations. |
Interesting facts Transitioned business focus after more than 40 years; ISO and OHSAS certifications maintained through change. |
Risks and strategy Risk of revenue gaps and market acceptance in IT; mitigation via governance, leadership changes, and resource reallocation. |
