Auto-component sector to have revenue hike of 14-16%

25 Jun 2022 CW Team

Over the past 18 months there is a sharp increase in input prices which primarily include steel and aluminium. As a result, operating profitability has also increased.

The automotive components sector in the country will witness a revenue hike of 14-16% this financial year, which marks the second straight annual double-digit growth after the 24% mark in the last financial year, as per a report by Crisil Ratings.

Operating margins would be stable at 12-13% because of better utilisation and since companies pass on higher input costs to their customers. Improved demand outlook in various segments will drive a 30% rise in the CAPEX, which would be funded partly via debt, and the balance via higher accruals generated.

An analysis of 220 automotive component entities by Crisil Ratings, accounting for around one-third of the sector revenue of a whopping`4.2 trillion, stated the segment derives about 61% of the income from automobile original equipment manufacturers or OEMs, 18% from the aftermarket, and the rest 21% from exports.

Crisil Research director, Pushan Sharma said they expect all three segments to promote healthy revenue growth.

Image Source

Also read: Right ecosystem needed for secondary steel sector, consumers

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..