What we do Igarashi Motors India Ltd manufactures and exports permanent magnet DC motors and accessories primarily for automotive actuators and consumer electrical appliances. |
Founded in 1,992 |
Market share Recognized global leader in automotive actuator motors with over 500 million DC motors produced. |
Problem solved Enables precise, energy-efficient actuation and motor solutions for automotive and consumer electrical applications. |
Top clients or who we serve Automotive manufacturers and consumer electrical appliance makers; primarily B2B clients. |
Key management - |
Our journey and innovations Started as contract manufacturer in 1996, QS 9000 certified in 1998, joint ventures with Robert Bosch GmbH, launched innovative BLDC motors and automation. |
Where we operate India, Japan, Hong Kong, Germany, USA, and other global markets. |
Top products or what we offer Permanent magnet DC motors for powertrain, actuators, brushless DC motors for fan and consumer appliances. |
Top brands - |
Raw materials needed Specialty magnetic materials and electrical components for motor manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues mainly recurring from automotive and consumer appliance motor sales. |
Our industry position Market leader in automotive actuator motors, steadily growing in consumer electrical motor segments. |
Financial highlights FY 2024-25 revenue of Rs 838.42 Cr with Rs 32.51 Cr profit before tax, growing over 15% annually. |
Geographical revenue split Major revenue from India and Japan, with sales in USA, Germany, Hong Kong, and rest of world. |
Order book - |
Whats driving growth Demand for energy-efficient automotive actuators, BLDC motors, new product launches, and domestic manufacturing expansion. |
Our future plans Capacity expansion in manufacturing, new automotive actuator programs, and automation adoption for advanced motor production. |
Our green promise Focus on energy-efficient motor development and sustainable manufacturing practices. |
Our people and values 760 permanent employees committed to quality, innovation, and ethical governance. |
Key challenges ahead Global geopolitical tensions and slower adoption in some consumer segments. |
Interesting facts Produced over 500 million DC motors since inception, 750,000 BLDC motors for ceiling fans. |
Risks and strategy Mitigates market risks with diversified products, strategic partnerships, and focus on innovation. |
