What we do Him Teknoforge Ltd manufactures and supplies high-quality forgings and machined components mainly for automotive and industrial sectors, serving OEMs and export markets. |
Founded in 1,991 |
Market share Leading supplier in transmission gears and machined components, with strong OEM presence especially for Mahindra & Mahindra tractors. |
Problem solved Provides durable, precision-engineered components critical for vehicle transmissions, reducing downtime and enhancing performance in automotive and industrial machines. |
Top clients or who we serve OEMs in automotive and off-highway equipment sectors, including Mahindra & Mahindra's tractor division; also serves aftermarket and export customers (B2B). |
Key management - |
Our journey and innovations Established in 1991, merged with Gujarat Automotive Gears in 2018, upgraded technology with new gear cutting and heat treatment machines improving efficiency and quality. |
Where we operate Manufacturing units in Gujarat, Himachal Pradesh, Madhya Pradesh; serves domestic Indian and export markets globally. |
Top products or what we offer Transmission gears, bevel gears, shafts, pins, axles, forgings, assemblies and repair kits for automotive and industrial applications. |
Top brands - |
Raw materials needed Steel and other metals required for forging and machining. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily cyclical, driven by automobile and industrial equipment demand cycles. |
Our industry position Well-established player with strong OEM relationships, competitive technology upgrades, and growing export footprint. |
Financial highlights FY2024-25 revenue ₹402.98 crores; profit after tax ₹97.58 crores; positive growth over previous year. |
Geographical revenue split India accounts for ₹337.71 crores, exports ₹65.26 crores approximately; domestic market is primary revenue source. |
Order book - |
Whats driving growth Growth driven by capacity expansion, technology upgrades, strong OEM ties, and increasing demand from tractor and automotive sectors. |
Our future plans Investing in machinery upgrades and capacity enhancement to improve quality, throughput, and expand product offerings. |
Our green promise Installed solar power plants at units, committed to energy conservation and sustainability initiatives. |
Our people and values Employs over 1,100 employees; focused on safety, development and maintaining inclusive work environment. |
Key challenges ahead Commodity price volatility, global economic slowdown risks, and competitive pressures. |
Interesting facts Renamed from Gujarat Automotive Gears Ltd to Him Teknoforge Ltd in 2018 after merger. |
Risks and strategy Mitigates raw material cost risk via strong buyer relationships; focuses on product innovation to offset competitive challenges. |
