What we do Munjal Auto Industries Ltd manufactures high-quality auto components like mufflers, rims, and composite products for two-wheelers and passenger vehicles, serving leading automotive brands. |
Founded in 1,985 |
Market share Leader in specialized automotive components including forging, stamping, and electroplating, primarily supplying Hero Honda and other reputed clients. |
Problem solved Provides reliable, innovative auto components addressing quality and emission standards for diverse automotive platforms. |
Top clients or who we serve B2B supplier to major OEMs including Hero Honda Motors Ltd and Tata Motors; serves automotive manufacturers globally. |
Key management Sudhir Kumar Munjal, Chairman & Managing Director |
Our journey and innovations Originally a bicycle exporter, pivoted to auto components since 1999, expanded capacities and technologies including muffler emission systems and composite materials. |
Where we operate Operations primarily in India with manufacturing plants in Gujarat, Haryana, Uttarakhand and export markets including US, Germany, France, UK, Australia. |
Top products or what we offer Auto components (mufflers, rims), composite products, forged components, and moulds. |
Top brands No specific branded products; recognized for mufflers and rims supply to Hero Honda models; Indutch Composite Technologies subsidiary’s composites. |
Raw materials needed Steel, composites, raw materials for forging and electroplating processes. |
Raw materials supplier Suppliers vary; sourced to meet quality and process specifications for automotive grade materials. |
Recurring vs cyclical contribution Revenue is primarily recurring through supply contracts with OEMs, though automotive industry cycles influence demand. |
Our industry position Strong market position in auto components sector with leading capacity in forged and composite products; well-rated by credit agencies. |
Financial highlights Consolidated revenue Rs 2066 Crores, PAT Rs 36 Crores in FY 2024-25; consolidated revenue grew 8.5% year-on-year. |
Geographical revenue split Approximately 96.6% revenue from India, 3.4% from international markets. |
Order book - |
Whats driving growth Capacity expansions, technological innovation in composites, sustained OEM relationships, and market penetration drive growth. |
Our future plans Expansion of composite product lines, enhancement of manufacturing capabilities and consolidation of new plant operations. |
Our green promise Focus on energy conservation, emission reduction and community support with sustainability initiatives. |
Our people and values Committed to ethical conduct, diversity, and employee well-being with continuous training and safeguard policies. |
Key challenges ahead Automotive industry cyclicality, raw material cost volatility, and technological advancement pressures. |
Interesting facts Transitioned from bicycle exports to auto components; leader in muffler converters for emission control in motorcycles. |
Risks and strategy Managing supply chain risks, compliance with evolving emission norms, with strategic investments in R&D and diversification. |
