#BHARAT SEATS: Car Seats to Maruti Suzuki India

 Video: https://youtu.be/HTUjbr-6sYc?si=brWj7eump0ucwWfR

Have you read below news recently? What are your thoughts?

We need to pick up themes that can play out well in next 7 yrs

Maruti Suzuki would double its car production by the year 2030 from 2 million cars annually

On the above story, i found a company that can benefit largely

  • The Company is engaged in manufacture of Seating System, moulded carpets and extruded components for Car market leader, Maruti Suzuki India Limited and Suzuki Motor Gujarat Private Limited as well as seats and frames for Suzuki Motorcycle India Pvt. Ltd. two wheelers, at their plants at Gurugram in Haryana and at Surendranagar and Hansalpur in Ahmedabad, Gujarat
    • Plot No.1, Maruti Udyog Joint Venture Complex, Gurugram
    • Has 5 plants
  • The Company is already in production for more than thirty seven years 
  • Financial Collaboration with M/s Suzuki Motor Corporation, Japan, who holds 14.81% of the total equity of the Company. Technical Collaboration with M/s Toyo Seat Co. Ltd., Japan, HTT (Hayashi Telempu) and M/s Inoac Corporation, Japan. 
  • FY 2023
    • The revenue from operations and other income for the financial year under review was Rs.1055 Cr as against Rs. 822 Cr for the previous financial year, showing an increase of 28%
    • PAT: 22 cr vs 12 cr
    • Return on Net worth % 14.72 Vs  9.37
    • Purchase of property, plant and equipment  60 cr

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