Autolite (India) Ltd

Key Stats

₹14.25
Day's Price Range
₹15.65
₹14.25
52-Week Price Range
₹16.95

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 417
-1.47
EPS
Rank 425
₹-10.28
BVPS
Rank 274
₹36.54
Dividend Yield
Rank 185
ROE
Rank 532
0.7%
Price To Book Ratio
0.41
Debt To Asset
Rank 220
0.64

Company Information

Autolite India was established in 1971 as a proprietary concern and was later converted into a public limited company in Mar.82. It manufactures various types of automotive headlamps and halogen bulbs under the brand name Autopal. Its clientele includes Maruti all the IndoJapanese LCV manufacturers Premier Auto Hindustan Motors Escorts Yamaha BEML etc. It also supplies to the domestic replacement market. The company exports to more than 50 countries around the globe including the US Germany and the UK. Several of its headlamps and halogen lamps have received the E mark and the DoT approval which means that the products of the company match the quality standards set by the EU countries for imports and can be freely sold there.The RD department is the backbone of the companys success. Hence it intends to further upgrade its RD facilities by adding CAD/CAM systems and CNC photomatic equipment at a cost of around Rs 3 cr. It has also integrated backwards by setting up a project to manufacture glass lenses for headlamps cap. : 6 tpd in technical collaboration with AMAV Germany. To partfinance all these projects the company issued rights and also came out with a public issue. The company has set up a wholly owned subsidiary in the US at Delaware Texas called Autopal Inc.The company is in the fray of developing Halogen Sealed Beam and also improving the technology in other product models for Head Lamp as well as Bulbs.
OrganisationAutolite (India) Ltd
HeadquartersJaipur
IndustryAuto Ancillaries