Indian auto component manufacturers are bracing for a margin compression to approximately 11% in the current fiscal year as rising raw material costs and increased inventory requirements exert pressure on profitability, according to a recent report by Crisil Ratings. Despite steady demand from Original Equipment Manufacturers (OEMs), the industry faces a delicate balancing act as…
Indian auto component manufacturers are bracing for a moderation in operating margins, which are projected to settle between 10.5% and 11% for the current fiscal year, according to a recent report by Crisil Ratings. The downturn is primarily attributed to the escalating conflict in West Asia, which has disrupted global supply chains and inflated logistics…
India’s automotive industry is bracing for a significant technological transition as the implementation of Corporate Average Fuel Economy (CAFE III) norms and evolving Advanced Driver Assistance Systems (ADAS) mandates approach. Beginning in April 2027, these stricter regulatory frameworks are set to shift the investment focus of domestic auto-component manufacturers away from traditional vehicle volume expansion…
Strong Financial Performance Endurance Technologies Ltd reported a 13% increase in net profit for the fourth quarter of the fiscal year, driven by robust revenue growth and sustained demand within the automotive sector. The Aurangabad-based auto component manufacturer announced the results on the Bombay Stock Exchange (BSE), where shares subsequently climbed 3.42% to close at…
