RACL Geartech Ltd
1,358.80
INR
-53.90
(-3.82%)
RACL Geartech Ltd
NSE:RACLGEAR
(National Stock Exchange of India)
Recent
price
1,358.80
P/E
ratio
32.84
div
yld
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ROIC.AI
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- RACL Geartech Ltd is an Indian manufacturer specializing in high-precision gears and components primarily for the automotive and industrial sectors. The company produces a comprehensive range of products including transmission gears, CVT reduction gears, engine and clutch gears, input shaft assemblies, counter balancer gears and shafts, and various sub-assemblies. Its offerings serve two-wheelers, three-wheelers, recreational vehicles, commercial and passenger vehicles, electric vehicles, and agriculture equipment. Beyond automotive components, it also manufactures industrial gears for electrical switch gears, circuit breakers, winches, cranes, and other machinery. RACL operates across India and has a global presence including Austria, Japan, Germany, Switzerland, Italy, Thailand, Vietnam, the United States, China, and Sweden. Founded in 1983 and headquartered in Noida, India, the company was formerly known as Raunaq Automotive Components Limited before changing its name in 2015. In the last 1-2 years, RACL Geartech has undertaken significant strategic initiatives to strengthen its market position. It entered into a technical agreement with ARRK Engineering GmbH of Germany to integrate advanced design, prototyping, virtual simulation, testing, and validation services with its manufacturing capabilities, enabling it to offer end-to-end drivetrain and transmission solutions for automotive and e-mobility markets. The company secured a long-term supply order for transmission gears from a reputed Indian premium motorcycle manufacturer and won new contracts with major OEMs including projects with BMW for electric sports car drivetrains and gearboxes, and a key partnership with KTM, a premium two-wheeler manufacturer that accounts for about 15% of RACL’s revenue. This agreement with KTM is poised to drive revenue growth following Bajaj Auto's capital infusion and operational revival at KTM. Additionally, RACL approved a large fundraising round through a preferential equity issue to support expansion efforts. These developments position RACL Geartech for sustained multi-year revenue growth, targeting approximately ₹1,000 crore sales by fiscal year 2029-30. RACL Geartech operates mainly in the automotive components and industrial gear manufacturing industries, targeting original equipment manufacturers (OEMs), tier-1 suppliers, and various vehicle segments including 2-wheelers, commercial vehicles, electric vehicles, and agriculture machinery. Its industrial components segment caters to electrical equipment and heavy machinery. The company’s core competencies include precision machining, gear manufacturing, and assembly, supported by modern engineering and quality assurance processes. Overall, RACL Geartech Ltd offers a broad portfolio of technologically advanced gear products and integrated engineering services with a growing footprint in premium domestic and international automotive markets, supported by strategic partnerships and substantial funding initiatives to fuel future growth.