What we do Sibar Auto Parts Ltd manufactures and markets aluminium hard chrome plated cylinder kits and other auto components primarily for two- and three-wheelers, serving major vehicle makers. |
Founded in 1,983 |
Market share Well-established supplier to prominent two-wheeler manufacturers in India with a growing production capacity. |
Problem solved Provides high-quality aluminium auto components, ensuring durability and performance for two- and three-wheelers. |
Top clients or who we serve B2B supplier to leading vehicle manufacturers including TVS, Bajaj, Hero, Enfield, and Peugeot. |
Key management - |
Our journey and innovations Expanded cylinder production capacity significantly between 1996-1998; diversification into pistons and chrome plating units. |
Where we operate Primarily India with manufacturing units in Tirupati and Maharashtra. |
Top products or what we offer Aluminium hard chrome plated cylinder kits, cylinder heads, crankcases, pistons, piston rings, and electrical aluminium parts. |
Top brands - |
Raw materials needed Aluminium and chrome plating materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue predominantly from recurring sales contracts with OEMs; somewhat cyclical aligned with vehicle production. |
Our industry position Established in auto component manufacturing for two- and three-wheelers with growing installed capacity. |
Financial highlights Revenue ₹22.12 crore in FY 2024-25; net loss of ₹0.68 crore; improved from previous year but facing profitability challenges. |
Geographical revenue split Revenues primarily from Indian market. |
Order book - |
Whats driving growth Capacity expansions and strong OEM relationships drive incremental growth. |
Our future plans Investing in capacity expansions including piston production and chrome plating units to enhance product offerings. |
Our green promise - |
Our people and values Committed workforce with focus on quality, empowerment, and sustained performance. |
Key challenges ahead Profitability pressures and need for operational efficiencies are key challenges. |
Interesting facts Has been operational since 1983 and converted to public limited in 1994; expanded capacity significantly in late 1990s. |
Risks and strategy Mitigating risk through capacity expansion and diversification of product range to maintain OEM trust. |
