- Business
- Machino Plastics Limited (MACPLASQ.BO) manufactures injection-molded plastic components and molds primarily for the automotive sector; core products include front and rear bumpers, instrument panels, radiator grills, garnish cowl top centers, painted front body kits, aluminum pre-colored parts, and other exterior, interior, and under-hood components for cars, two-wheelers, trucks, buses, and commercial vehicles supplied to major clients such as Maruti Suzuki India Limited, Suzuki Motorcycle India, and Volvo Eicher Commercial Vehicles Limited. Incorporated in 1986 as an alliance among the Machino Group, Maruti Udyog Limited, and Suzuki Motor Corporation Japan, the company, headquartered in Gurugram, Haryana, India, operates manufacturing facilities in Gurgaon, Manesar (Haryana), and Pithampur (Dhar, Madhya Pradesh) equipped with high-precision injection molding machines ranging from 100 to 3150 tons, alongside a dedicated tool shop, modern laboratory, and capabilities in design, prototyping, testing, mold development, assembly, and compounded polymer selection to deliver turnkey solutions. Recent developments include the start of operations at a new manufacturing unit in IMT Kharkhoda, Haryana, as intimated under SEBI LODR regulations; reappointment of Managing Director Aditya Jindal and Whole-Time Director Sanjiiv Jindal effective April 1, 2026, alongside the appointment of Independent Director Sarika Marwaha and secretarial auditors A.K. & Associates at the 40th AGM in September 2025; foundation stone laying for the Kharkhoda plant expansion in May 2024; and sustained revenue growth with Q1 FY2026 sales at ₹113.3 crore up 19% year-over-year, reflecting improved operational efficiency and strategic partnerships amid automotive demand.