RACL Geartech Limited is an auto component manufacturer listed on the Bombay Stock Exchange (BSE), supplying engine and transmission components to diverse clients across the globe since 1987. The company was formerly known as Raunaq Automotive Components Limited and changed its name to RACL Geartech Limited in October 2015. RACL Geartech Limited was incorporated in 1983 and is headquartered in Noida, India.
RACL is a completely professionally run organization that employs over 800 people. Their modern manufacturing plants collectively manufacture more than 5 million gears a year, contributing to a turnover of around USD 32 million. The Company has two manufacturing units, located in Gajraula and Noida, Uttar Pradesh.
RACL manufactures transmission gears and shafts for automotive and industrial applications. It serves local and global Original Equipment Manufacturers (OEMs) in the auto and industrial segment as its long-standing customers. The company currently has 22 active customers and manages over 900 SKUs.
RACL manufactures drive train parts for a wide range of vehicles and machinery, including Tractors, Two Wheelers, Electric Cars, Three Wheelers, Cargo Vehicles, and Light and Heavy Commercial Vehicles. RACL Geartech's product range extends to components for Motorcycles & Scooters, 3&4 Wheeler Passenger & Cargo Vehicles, Agricultural Machinery, ATVs, and Construction Equipment. The company has also expanded into sub-assemblies, industrial gears for electrical switch gears and circuit breakers, winches, and cranes.
The Company's diverse product offerings include:
- Park lock wheel
- Ring gear
- Primary drive gear
- Transmission gear
- Engine timing gear
- Wheel axle assembly for Electric Vehicle (EV) applications
- Ring gear and planet carrier assembly
- Drive train for EV applications
- Drive shaft
- Sprockets
- Precision machined parts
RACL Geartech Limited is a leading provider of automotive components in India and is a globally renowned enterprise. It serves as a Tier 1 supplier to major Original Equipment Manufacturers (OEMs) and significant system manufacturers acting as Tier 1 producers. Its client domain is spread across the world with a dominant presence in Europe, Asia-Pacific, and North America.
The company serves a broad customer base, including manufacturers of cars, motorcycles, scooters, commercial vehicles, tier-1 suppliers, off-highway vehicles, agricultural machinery manufacturers, and construction equipment manufacturers. RACL operates in India, Austria, Japan, Germany, Switzerland, Italy, Thailand, Vietnam, the United States, China, and Sweden.
RACL Geartech has a Market Capitalization of ₹1,095 Crore as of recent data. The company's financial performance for the fiscal year ended March 2025 showed a decline in net profit and modest sales growth.
For the full year ended March 2025:
- Revenue: Sales rose 1.36% to ₹415.07 crore against ₹409.52 crore in FY2024.
- Net Profit: Declined 39.75% to ₹23.74 crore against ₹39.40 crore in FY2024.
Key financial metrics for FY2025:
- Revenue: ₹415.07 crore
- Net Profit: ₹23.74 crore
- Operating Profit Margin: 23.41%
- Return on Equity: 10%
- Debt to Equity Ratio: 38%
For the quarter ended March 2025:
- Net Profit: Declined 22.71% to ₹6.50 crore against ₹8.41 crore in Q4 FY2024.
- Sales: Declined 17.79% to ₹87.29 crore against ₹106.18 crore in Q4 FY2024.
RACL Geartech has been awarded the "Star Performer in Automobile Component exports" by EEPC India. This recognition highlights the company's excellence in export performance and strong international presence.
Other recent announcements include:
- An earnings call held on June 6, 2025, with the audio recording available on the company website.
- An Investor Presentation for Q4 & FY 2024-25, shared under Regulation 30 (LODR) of SEBI (LODR) Regulations, 2015.
The promoter holding in RACL Geartech Ltd has seen a decrease, dropping to 42.68% as of May 2025 from 53.32% as of November 2024. This represents a decline of 10.6% over the last quarter.
RACL Geartech operates in a competitive automotive components sector. Its major competitors include ZF Steering Gear (I), Rico Auto Inds, IST, Saint-Gobain Sekurit, Automobile Corp. Goa, Enkei Wheels, and Automot. Despite the competitive environment, the company maintains its position through technological expertise and long-standing customer relationships.
RACL Geartech Limited stands as a significant player in the Indian automotive components industry, with its focus on precision engineering and global market reach. The company's diversified product portfolio, spanning from traditional automotive components to electric vehicle applications, positions it well for future growth in the evolving automotive landscape. Despite recent challenges in profitability, the company's strong manufacturing capabilities and established customer base provide a solid foundation for long-term growth.
