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A Resilient Business Model Built
with Perseverance

Input

Financial Capital

111,146 Million

Total capital employed

0.61

Debt to equity ratio (Net)

3,339 Million

Capex
Manufactured Capital

5

Number of plants in India

14,145 Million

Material cost

6,154 Million

Manufacturing cost

403,350 TPA

Total capacity
Intellectual Capital

447.45 Million

R&D spending

1.43%

R&D spend as a % of revenue

6

Patents filed
Human Capital

4,892

Total employees

4,482 Million

Employee benefit expense
Social and relationship Capital

183.8 Million

CSR spending

6

Key CSR focus areas

700 hours

Employee voluntary hours
Natural Capital

49,247

Renewable energy (MWh)

16.07%

% of energy consumed from renewable sources

500

No. of trees planted

Sources that enable our value creation

Deep culture of innovation for technology and product differentiation
Robust forging competence supported by Industry 4.0 excellence
Deep and nurtured relationships
Technical know-how of people
Vertically integrated model with end-to-end capabilities

Research and Development

Design and Simulation

Tools and Die making

Forging

Precision machining

Outputs

163,198 mt

Total tonnage
Key segments and products

Automotive

Commercial vehicles

Passenger vehicles

Industrial

Power and Oil & Gas

Wind Mill

Aerospace

Construction and Mining

Rail

Marine

Defence

Agriculture

Outcomes

Financial Capital

36,515 Million

Total income

7,348 Million

EBITDA

3,121 Million

PAT

2

Proposed Dividend per share

5.3%

RoCE (Net of Cash)
Manufactured Capital

165,396 MT

Tonnage shipped
Intellectual Capital

9

Process improvement

11

Product improvement

6

Technical papers published and presented
Human Capital

7.5 Million

Employee productivity (revenue per employee)

0.32

Lost time injury frequency rate
Social and relationship Capital

174,492+

Lives touched through CSR

950+

Women empowered

47,535

Students benefited

3,000+

youths skilled
Natural Capital

100%

Waste water reused

40,385

Reduction in CO2 emission through use of renewable sources (tCO2e)

35%

Reduction in hazardous waste production (KG/MT)