Latest news with #RemsonsIndustries
Mint
30-06-2025
- Automotive
- Mint
Small-cap multibagger stock Remsons Industries jumps 6% on this business update. Check details
Stock Market Trade: Small-cap multibagger stock — Remsons Industries — gained more than 6% in trade on Monday following a strategic business update. Remson Industries informed the exchanges that it has signed a strategic agreement with a Brazilian automotive systems company. As per the release on the stock exchanges, Remsons Industries said that the company and AUSUS Automotive Systems do Brasil LTDA, incorporated in Brazil, are entering into a Strategic Technical License Agreement for Technology Transfer to Support Local OEMs in Brazil. Under this agreement, Remsons India will collaborate with ASUS Brazil to license proprietary technologies, enabling the development and manufacturing of high-quality products tailored to the local market. This agreement demonstrates Remsons India's commitment to promoting technical development and aiding in the expansion of Brazil's electronics and automotive sectors, as per the company. The agreement will enable Technology Transfer, allowing ASUS Brazil to acquire cutting-edge engineering and manufacturing technologies. Remsons Industries Ltd is a provider of advanced engineering solutions and manufacturer of automotive components, while AUSUS Automotive Systems do Brasil LTDA, incorporated in Brazil, ia a prominent player in the technology and manufacturing sector. Remsons Industries' share price scaled intraday highs of ₹ 157 on the BSE on Monday, which translated into gains of more than 6% compared to the previous trading session's closing price of ₹ 147.25. Remsons Industries' share price, however, gave up the gains with pressure on the markets on a day when the benchmark Sensex was trading more than 300 points lower (or more than 0.3% lower). Remsons Industries share price, which is up more than 946% in the last five years, has given multibagger returns to investors.
Mint
30-06-2025
- Automotive
- Mint
Small-cap Multibagger stock Remsons Industries jumps 4% on this business update. Check details
Stock Market Trade: Small-cap Multibagger stock gained more than 4% in the morning trades on Monday on this strategic agreement update. Here are the details about Remsons Industries business update. Small-cap Multibagger stock Remson Industries informed the exchanges of having signed a strategic agreement with a Brazilian automotive systems company. As per the release on the National Stock Exchange of India Ltd. and the BSE, or Bombay Stock Exchange, Remsons Industries Limited said that the company and AUSUS Automotive Systems do Brasil LTDA incorporated in Brazil, are entering into a Strategic Technical License Agreement for Technology Transfer to Support Local OEMs in Brazil. Under this agreement, Remsons India will collaborate with ASUS Brazil to license proprietary technologies, enabling the development and manufacturing of high-quality products tailored to the local market. This This agreement demonstrates Remsons India's commitment to promoting technical development and aiding in the expansion of Brazil's electronics and automotive sectors, as per the comapany. The agreement will enable Technology Transfer: Enabling ASUS Brazil to acquire cutting-edge engineering and manufacturing technologies. Remsons Industries Ltd is a provider of advanced engineering solutions and manufacturer of automotive components, while AUSUS Automotive Systems do Brasil LTDA, incorporated in Brazil, ia a prominent player in the technology and manufacturing sector. Remsons Industries share price scaled intraday highs of ₹ 157 on the BSE on Monday, which translated into gains of more than 6% compared to previous trading sessions closing price of ₹ 147.25. Remsons Industries share price however gave up the gains with pressure on the markets on a day when the benchmark sensex was trading more than 300 points lower (or more than 0.3% lower) The Remsons Industries share price that is up more than 946% in last 5 years has given multibagger returns to the investors . Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
10-06-2025
- Automotive
- Business Standard
Remsons Industries gains as arm bags 12-cr purchase order
Remsons Industries rose 1.84% to Rs 144 after the company's, step down subsidiary, BEE Lighting has received a purchase order of Rs 12 crore from a premier German Multi-Brand OEM. BEE Lighting has been approached by a global multinational original equipment manufacturer (OEM) for the design and development of exterior vehicle lighting. The contract has been awarded by an international entity, marking a significant step in BEE Lightings global engagement and capabilities in advanced automotive lighting solutions. According to the companys exchange filing, the order is to be executed immediately, underscoring the urgency and strategic nature of the engagement. The single order is valued at Rs 12 crore, highlighting BEE Lightings growing presence in high-value international automotive projects. The company clarified that the contract has been awarded by an international entity, and neither the promoter nor promoter group has any interest in the awarding entity. Furthermore, the transaction does not fall under related party transactions as per regulatory norms. Remsons Industries is an automotive OEM components manufacturer supplying to two, three and four-wheeler vehicles, commercial vehicles and off highway vehicles all over India and automotive OEMs globally since last 50 years. Headquartered in Mumbai, Remsons has state of the art facilities in Gurgaon, Pune, Pardi and Daman in India, also Stourport & Redditch in England (UK). The company's expertise extends across a range of high-quality auto components, including Control Cables, Gear Shifters, Pedal Boxes, Winches, lighting, sensors to many OEMS within and outside India. Remsons Industries reported a 15% sequential rise in consolidated net profit to Rs 4.6 crore in Q4 FY25. Revenue from operations edged up 4% quarter-on-quarter to Rs 106.2 crore. However, the YoY picture was mixed. While net sales jumped 31% compared to Q4 FY24, adjusted net profit slipped 11% on account of a sharp dip in other income.
Business Standard
21-05-2025
- Business
- Business Standard
Remsons Industries consolidated net profit declines 11.65% in the March 2025 quarter
Sales rise 31.09% to Rs 106.18 crore Net profit of Remsons Industries declined 11.65% to Rs 4.55 crore in the quarter ended March 2025 as against Rs 5.15 crore during the previous quarter ended March 2024. Sales rose 31.09% to Rs 106.18 crore in the quarter ended March 2025 as against Rs 81.00 crore during the previous quarter ended March 2024. For the full year,net profit rose 7.88% to Rs 14.37 crore in the year ended March 2025 as against Rs 13.32 crore during the previous year ended March 2024. Sales rose 20.58% to Rs 376.58 crore in the year ended March 2025 as against Rs 312.30 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 106.1881.00 31 376.58312.30 21 OPM % 10.329.88 - 9.929.98 - PBDT 10.178.08 26 34.2327.63 24 PBT 8.455.14 64 22.5616.62 36 NP 4.555.15 -12 14.3713.32 8
Business Standard
21-05-2025
- Automotive
- Business Standard
Remsons Inds jumps as Q4 net profit climbs 15% QoQ
Remsons Industries rallied 4.71% to Rs 146.75 after reporting a 15% sequential rise in consolidated net profit to Rs 4.6 crore in Q4 FY25. Revenue from operations edged up 4% quarter-on-quarter to Rs 106.2 crore. However, the YoY picture was mixed. While net sales jumped 31% compared to Q4 FY24, adjusted net profit slipped 11% on account of a sharp dip in other income. Operating performance remained steady. EBITDA for Q4 stood at Rs 11 crore, up 37% YoY but down 12% QoQ. The EBITDA margin came in at 10%, lower than the 12% seen in the December quarter but in line with the year-ago period. Profit before tax surged 59% QoQ and 28% YoY to Rs 8.2 crore. For the full year ended March 2025, Remsons delivered a 7% growth in net profit to Rs 14.4 crore, while revenue rose 21% to Rs 376.6 crore. FY25 PBT jumped 38% YoY to Rs 22.4 crore and EBITDA rose 20% to Rs 37.4 crore, with margins steady at 10%. The company's consolidated net cash from operating activities stood at Rs 22.18 crore in FY25, higher than Rs 15.48 crore in FY24. "Weve not only met our targets, but weve shattered our past records," said Krishna Kejriwal, chairman and managing director. "This is a defining moment in Remsons journey, and were just getting started." The companys order book now stands at Rs 700 crore, setting the stage for sustained growth in the coming years. Remsons Industries is an automotive OEM components manufacturer supplying to two, three and four-wheeler vehicles, commercial vehicles and off highway vehicles all over India and automotive OEMs globally since last 50 years. Headquartered in Mumbai, Remsons has state of the art facilities in Gurgaon, Pune, Pardi and Daman in India, also Stourport & Redditch in England (UK). The company's expertise extends across a range of high-quality auto components, including Control Cables, Gear Shifters, Pedal Boxes, Winches, lighting, sensors to many OEMS within and outside India.
