What we do Shivam Autotech Ltd manufactures precision auto components like gear blanks, spline shafts, and plungers for OEMs, primarily serving the two-wheeler industry. |
Founded in 1,999 |
Market share Major supplier to Hero Motocorp and other OEMs, expanding customer base reduces client concentration risk. |
Problem solved Provides high-quality, technology-driven automotive components essential for efficient vehicle performance and OEM supply chain. |
Top clients or who we serve Serves Hero Motocorp, MICO Bosch, Hilti, Mando, Maruti, Denso among others; mainly B2B OEM customers. |
Key management Neeraj Munjal (MD & CEO), Charu Munjal (Whole Time Director) |
Our journey and innovations Started production in 1999; expanded with tech imports from Japan; opened new plants in Haridwar, Bangalore, Rohtak to meet demand. |
Where we operate Manufacturing plants in India; customers served domestically and internationally. |
Top products or what we offer Gear blanks, spline shafts, finished gears, plungers using near net shape forging technologies. |
Top brands - |
Raw materials needed Steel and other metals for forging and machining automotive parts. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely dependent on cyclical automotive sector demand, with ongoing OEM supply contracts. |
Our industry position Recognized ISO certified supplier with strong OEM relationships; diversified customer base improving competitive position. |
Financial highlights FY 2024-25 revenue Rs. 453.98 Cr; net loss Rs. 48.04 Cr; slight revenue decline amid economic pressures. |
Geographical revenue split Approx. 92.6% revenue from India, remainder from outside India. |
Order book - |
Whats driving growth Recovery in Indian automotive demand and personal mobility trends, plus new customer acquisitions driving growth potential. |
Our future plans Focus on operational optimization and leveraging four plants to increase capacity and global customer reach. |
Our green promise ISO 14001 certification; initiatives in paper recycling and environmental safety practices. |
Our people and values Committed to workforce diversity, ethical practices, safety culture, and continuous employee development. |
Key challenges ahead Customer concentration risk, raw material cost fluctuations, regulatory compliance, and competitive automotive market. |
Interesting facts Won multiple quality and Kaizen awards; continuous expansion with advanced forging technologies. |
Risks and strategy Mitigating overdependence on key clients by diversifying customer base; enhancing operational efficiencies to counter margin pressures. |
