The shares of a microcap auto ancillary company that manufactures auto components such as auto control cables, Flexible shafts, Gear shift systems, push-pull cables, etc gained up to 4.9 percent in today’s trading session after the company’s promoter increased his stake.
Share Price Movement
The shares of Remsons Industries Limited, with a total market capitalization of Rs 415.93 Crores, reached an intraday high of Rs 120.99 per share gaining up to 4.92 percent on Tuesday. As of noon, the shares were trading at Rs 119.25 per share which was 3.4 percent higher than the previous closing price of Rs 115.3.
The stock has generated impressive returns of 204.6 percent in the past three years and a return of 974.3 percent in the past five years.
What Happened
On March 17, 2025, Mr. Chand Krishna Kejriwal, the Whole Time Director and Promoter of Remsons Industries Ltd, bought 10,000 equity shares for Rs 11.54 lakhs. This increased his ownership in the company from 25.61 percent to 25.64 percent. Previously, on March 13, he purchased 10,000 shares for Rs 12.28 lakh of the company.
Financials
Remsons Industries Ltd reported an increase of 25 percent YoY in revenues from operations from Rs 82.2 Crores in Q3FY24 to Rs 103 Crores in Q3FY25. Their Net Profits saw a YoY increase of 18 percent from Rs 3.4 Crores to Rs 5 Crores over the same period. On the operating level, their EBITDA grew by 47 percent YoY from Rs 8.4 Crores to Rs 12.4 Crores.
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Future Outlook
Remsons Industries Ltd plans to invest Rs 100 Crores in capital expenditure over the next three years. The company is targeting a Revenue CAGR of 20 percent, aiming to reach a revenue of around Rs 900 to 1000 Crore by FY29.
To support this growth, the company intends to accelerate its expansion through joint ventures, collaborations, and acquisitions. Additionally, Remsons aims to diversify its product portfolio to be more EV-agnostic in the future, positioning itself for emerging market trends in electric vehicles.
Significant Partnerships
The company has leading partnerships with major names like TATA, Land Rover, Maruti Suzuki, Jaguar, FIAT, Ford, BMW, Force, Ashok Leyland, Mahindra, TVS, Hero, etc.
About Remsons Industries Limited
Remsons Industries Limited is a leading manufacturer of automotive control cables and related products. The company serves both domestic and international markets, with a strong presence in the automotive sector. The company’s products include cables, combi-brake systems, gear shift systems, push-pull cables, winches, and so on.
Written By Adhvaitha Nayani
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