NDR Auto Components Ltd
NSE:NDRAUTO
NDR Auto Components Ltd
NDR Auto Components Ltd. engages in the manufacture of seat frames and seat trims for passenger as well as utility vehicles. The company is headquartered in Delhi, Delhi and currently employs 134 full-time employees. The company went IPO on 2020-07-30. The firm is engaged in the production and manufacturing of seat frames and trims for four-wheeler and two-wheeler vehicles and other accessories relating to car seats.
NDR Auto Components Ltd. engages in the manufacture of seat frames and seat trims for passenger as well as utility vehicles. The company is headquartered in Delhi, Delhi and currently employs 134 full-time employees. The company went IPO on 2020-07-30. The firm is engaged in the production and manufacturing of seat frames and trims for four-wheeler and two-wheeler vehicles and other accessories relating to car seats.
Strong Revenue Growth: Q3 FY26 total income was INR 208.99 crores, up 19% year-on-year; 9M FY26 income reached INR 595.56 crores, up 14%.
Stable Margins: Q3 EBITDA margin was 11.18%, and 9M margin was 11.15%; profit after tax impacted slightly (INR 0.65 crores) by new labor codes.
Order Book Visibility: Order book stood at INR 450 crores as of December 31, 2025, providing strong medium-term revenue visibility.
Capacity Utilization: Plants are operating at 80% to 85% utilization; management sees no current constraints to growth.
CapEx & Expansion: CapEx for new products and JV (ambient lighting, sunshades, etc.) is on track, with further business wins and revenue ramp-up expected gradually over 2–3 years.
OEM Diversification: Company is working to expand its customer base beyond Maruti to Toyota, Kia, and others.
No Near-Term Guidance: Management reiterated a 5-year top-line aspiration of INR 3,000–3,500 crores but declined to give FY27 guidance.
