26-Oct-2026 16:20:06
NDRAUTOExpansion
NDR AUTO : ICRA REAFFIRMS A+ RATING; ORDER BOOK AT RS 650 CR
• ICRA reaffirmed ratings on the full ₹100 Cr rated bank facilities; long-term [ICRA]A+ (Stable), short-term [ICRA]A1+ • FY2026 consolidated revenue grew 15.4% to ₹822.5 Cr (YOY); PAT at ₹50.9 Cr v ₹43.6 Cr in FY2025 • Order book of around ₹650 Cr across frames, trims and new lines like seat belt reminder, insert fabric and latches, to be executed by FY2030 • Expects 10-15% revenue growth in FY2027 on higher share of business with Maruti Suzuki and ramp-up of Kia volumes • Seat trim supplies to Kia models began July 2026 from new Anantapur plant; seat insert fabric and latch supply starts January 2027 • Total debt/OPBDIT at 0.7x as on March 31, 2026; leverage expected at 0.5-0.6x in FY2027
Ndr Auto Components Limited
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