What we do LAPL Automotive Ltd designs, manufactures, and supplies diverse automotive components and accessories for two-wheelers, three-wheelers, four-wheelers, and heavy vehicles. |
Founded in 2,004 |
Market share Growing ODM and OBM player with expanding manufacturing footprint and diversified product portfolio. |
Problem solved Provides integrated, high-quality automotive parts to OEMs and aftermarket, enhancing vehicle safety and functionality. |
Top clients or who we serve Automotive original equipment manufacturers and aftermarket distributors, covering various vehicle types. |
Key management - |
Our journey and innovations Started in 2004, expanded from lighting to mirrors, motors, and accessories with multiple plants since 2012. |
Where we operate Manufacturing and operations concentrated in Aurangabad, Maharashtra, with India-wide customer base. |
Top products or what we offer Automotive lighting, rear view mirrors, starter and wiper motors, hoods, stators, and BLDC fans. |
Top brands LAPL - established brand for automotive components under Original Brand Manufacturer model. |
Raw materials needed Raw materials for lighting, motors, plastics, and metal components. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues predominantly linked to automotive production cycles; mix of recurring supply and project-based orders. |
Our industry position Emerging mid-tier automotive components supplier with growing capabilities in ODM and OBM segments. |
Financial highlights FY2023 revenue approximately ₹93 crore with net profit of ₹8.6 crore. |
Geographical revenue split - |
Order book - |
Whats driving growth Expansion of manufacturing units and diversified product portfolio serving growing automotive sector demand. |
Our future plans IPO planned to raise ₹25 crore to fund capacity expansion and product diversification. |
Our green promise - |
Our people and values - |
Key challenges ahead Competitive auto component market with price pressures and need for continuous innovation. |
Interesting facts - |
Risks and strategy Mitigates market cyclicality by broad product mix and serving multiple vehicle segments. |
