Divgi TorqTransfer Systems Limited
Start Date01-03-2023
Application Timing10am-5pm
Price Range₹560 - ₹590
Min Qty25
Min. Investment₹14000
Listing DateNA
Close Date03-03-2023

About Divgi TorqTransfer Systems Limited

Divgi Torqtransfer Systems is one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India and exporters of transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India. We also have the capability to develop and provide transmission systems for electric vehicles. They have been awarded a contract for the supply of EV transmission systems for one of the leading providers of EVs in India.

They also manufacture wide range of products under categories:

(i) torque transfer systems for four wheel-drive 4WD and all-wheel-drive AWD products)

(ii) synchronizer systems for manual transmissions and DCT

(iii) components for torque transfer systems and synchronizer systems in manual transmission, DCT, and EVs. 

They have also developed:

(i) transmission systems for EVs

(ii) DCT systems

(iii) rear wheel drive manual transmissions. 

Why To Invest in Divgi TorqTransfer Systems Limited

Leading player in niche automotive OEM business with established presence, diversified product portfolio and strong operational and financial performance. Company is raising Funds for capital expenditure requirements for the purchase of equipment/machinery for manufacturing facilities.

Strengths And Risks
Segment Leader & Expertise: Divgi is one of the very few suppliers in India having the capability to develop system level transfer case, torque coupler, DCT solutions and transmission systems for EVs across a wide array of automotive vehicles and geographies, with leadership across select product categories.
Location: : The co has strategically located manufacturing facilities close to key customers, capable of producing high precision components meeting system-level design intent.
Established Relationships:: They have strong and well established relationships with several marquee domestic and global OEMs in the automobile sector such as Tata Motors, Mahindra & Mahindra and with global suppliers such as BorgWarner for over two decades.
Experienced Management: : The co is led by a highly experienced board of directors, and a professional and experienced management team with extensive experience in the automotive industry. Promoters Jitendra Bhaskar Divgi and Hirendra Bhaskar Divgi, are mechanical engineers with considerable experience in the automotive industry.
Strong Financial Performance: : They have established a track record of growth and financial performance with steady cash flows from operations. Between Fiscal 2020 and Fiscal 2022, profit after tax increased at a CAGR of 28.30%
Strong R&D Capabilities: : They have invested in R&D, in building production capacities for future growth and developed in-house capabilities to deliver evolving technologies for future mobility solutions.
Customer Concentration:: The company has top five key customers it depends on, a risk to any one of these can derail their revenues.
New Technology: : The company products depend on R&D and development of new technology which is time consuming and costly, any failure to develop new technology can lead to loss of market share.
Third Party Suppliers: : The company depends on third party suppliers for components, any disruption in supply chain can impact deliveries and cost.
Extended Credit: : The market segment operates on extending credit to customers and risk of delay in receivables impacting revenues and operations.
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