Strengths

Diversified engineering company with a focus on providing comprehensive solutions and manufacturing high
quality, intricate and critical products, components and parts.

We are a diversified engineering company engaged in: (a) Automotive — Powertrain and Others, (b) Automotive
— Aluminium Products, and (c) Industrial and Engineering segments. We are the largest player involved in the
machining of cylinder blocks and cylinder heads in the intermediate, medium and heavy commercial vehicles
segment as well as the construction equipment industry and are also among the top 3-4 players in machining of
cylinder blocks for tractor segment in India. We are present across the entire value chain in the Automotive-
Aluminium Products segment, providing diverse products and solutions.

We offer comprehensive one-stop solutions to our customers including design, process engineering and
manufacturing including foundry, heat treatment, fabrication, machining and assembly facilities. We are
diversified across end-user industries and cater to commercial vehicles, two wheeler, tractor and other segments.
For instance, we manufacture cylinder blocks, cylinder heads and transmission parts which are required for
tractors and trucks as well as crank cases, which are required for two wheelers. We cater to a wide customer base
across various industry segments and offer a diverse suite of products to our customers. We actively pursue cross-
selling opportunities across segments to derive value for our existing and prospective customers. This not only
helps us in solving complex customer problems that require multi-domain expertise but also helps us in penetrating
customers’ different business segments and enhance our capabilities to collaborate with OEMs right from the
designing of their new products. Our diversified presence across various segments and design capability provides
us with the flexibility to operate successfully across business cycles and mitigate any fluctuations in the industry.

For instance, within our Automotive - Powertrain and Others and Automotive — Aluminium Products segments,
we have capabilities to collaborate with the OEMs in the design of new cylinder blocks and cylinder heads, design
and manufacture of requisite tooling for machining and manufacture of new engine components such as jigs,
fixtures, special tools and SPM. Similarly, in respect of aluminium components, we are equipped with high
pressure die casting, low pressure die casting and gravity die casting machines to manufacture components,
machining tools for machining and assembly lines. Our in-house tool room designs and manufactures dies for die
casting activity and takes care of maintenance of these dies. With our significant size of assets in our machining
and manufacturing capacities and capital expenditure undertaken by us in the earlier years of our business, we are
a one-stop-shop for our customers, manufacturing high quality, intricate and critical products and components,
which may be an entry barrier for other manufacturers and OEMs that do not currently have such similar in-house
engineering capabilities and production facilities. Thus, we are able to meet the demand and supply products to
our customers at a competitive pricing.

Our diversification of revenue across multiple customers allow us to prevent any possible customer concentration
in any of our business segments. With our track record and wide product portfolio, we have been able to retain
our existing customers and have also been able to attract new customers.

Strong in-house process and product design capabilities with the ability to interchange capacity and product
mix.

We are present across various levels of the component value chain, providing products and services that range
from product design, prototyping, tool development, manufacturing, assembly and production of integrated
components, reducing or minimizing our use of, or reliance on, externally sourced components. Over the years,
we have engaged with our customers from their early product design stage and have developed extensive process
and product design capabilities and domain knowledge, particularly for niche, intricate, complex and highly
critical automotive and non-automotive components, such as powertrain cylinder blocks and heads and camshafts,
enabling us to respond to customer specifications and provide quality products and service in a timely and cost-
effective manner. Our diversified presence across various levels of the component value chain and design
capability is unique across the competitive landscape.

We place a strong focus on research and development, with an emphasis on continuous improvement in product
performance, cost and reliability, to enhance our product range. We have also built a variety of automatic and
semi-automatic machines for assembly of parts. We continuously develop our own fail-safe control /monitoring
systems. Our manufacturing automation teams integrate robots and gantry systems, thereby assuring consistent
quality and dependability. Our engineering expertise and technology driven manufacturing processes have

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