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Contents
Corporate Overview
- Corporate Snapshot
- Our Product Portfolio
- Our Journey
- Chairman’s Message
- Financial Performance
- Operational Highlights
- Board of Directors
- Corporate Information
Statutory Reports
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15 |
Notice |
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25 |
Directors’ Report including |
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Management Discussion and Analysis |
To view our report |
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57 |
Corporate Governance Report |
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Financial Statements |
online, please visit: |
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www.autolineind.com |
Standalone Financials
- Independent Auditors’ Report
- Balance Sheet
- Statement of Profit and Loss
- Cash Flow Statement
- Statement of Changes in Equity
- Notes to Financial Statements
Consolidated Financials
- Independent Auditors’ Report
- Balance Sheet
- Statement of Profit and Loss
- Cash Flow Statement
- Statement of Changes in Equity
- Notes to Financial Statements
In our journey of over two decades, we have witnessed several landmark achievements as well as hiccups and disruptions. Having commenced operations in 1995, the Company entered the capital markets with an Initial Public Offering in 2007. The Company with its focus on providing cost-effective and customized solutions to OEMs driven by innovation and improvement was rising steadily on a growth path towards being an Art-to- Part Service provider. However, since FY 2012-13, the global turmoil and tight liquidity conditions had caused an unprecedented number of downgrades in the auto components industry. Overall growth in the auto sector globally has slowed down and the Company has also not been an exception for the same. FY 2021-22 was a milestone year with the Company recording strong growth and profitability after incurring losses for the past Eight years.
The business environment for the past two years has been dynamic and uncertain, and the COVID-19 pandemic has exacerbated the challenges. Against this backdrop, the strategic measures undertaken by us have enabled us to weather the testing times and deliver a remarkable performance.
We focused on organic restructuring, customer delight, diversification of portfolio; and raising long-term funds from marquee investors to support our ambitious plans. Our efforts towards rationalizing costs, adding new revenue streams, and ensuring timely delivery to customers have led us to accomplish operational excellence and stable growth.
WE REMAIN OPTIMISTIC ABOUT THE FUTURE AND READY TO CATER TO THE EMERGING OPPORTUNITIES IN THE AUTOMOTIVE INDUSTRY, PURSUING FURTHER GROWTH AND EXPANSION AND HIGHER VALUE-CREATION FOR STAKEHOLDERS.
About Us
Established in 1996, Autoline Industries is an integrated design, engineering, and manufacturing auto ancillary company engaged in manufacturing sheet metal components, sub-assemblies and assemblies, parking brakes, hinges, cab stay and cab tilt, exhaust systems, tubular structures, etc. for the automotive industry. It has metamorphosed from being a Sheet Metal Stamping and Pressing Company to an Auto Ancillary Company having presence across the entire automotive value chain.
We are a prominent auto components manufacturer and supplier to Original Equipment Manufacturers (OEMs) and automobile companies with a presence in both domestic and international markets. We cater to reputed global OEMs supplying over 2,000 products getting assembled into different passenger cars and commercial vehicles.
Vision
D.R.I.V.E
Dependable Reliable Innovative solutions to create Value for stakeholders through Effective empowerment.
Mission
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PEOPLE |
CUSTOMER |
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Empowering people to |
Exceeding |
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act like owners. |
customer expectations. |
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STAKEHOLDERS |
WORKPLACE |
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Adding value |
Functioning with |
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for stakeholders. |
energy and passion. |
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ENVIRONMENT |
EFFECTIVENESS |
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Driving quality, safety, and |
Emphasis effectiveness |
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environmental care. |
through efficient actions. |
Values
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RESPECT |
INTEGRITY |
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Treat everyone with |
Say and do |
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dignity and respect. |
only what is right. |
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DIVERSITY |
GROWTH |
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Embrace the |
Work towards growth |
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diverse perspectives. |
as a way of life. |
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INCLUSION |
QUALITY |
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Maintain an open and |
Right the first time, on |
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inclusive environment |
time, every time. |
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in team Autoline. |
2 Autoline Industries Limited
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Corporate Overview |
Statutory Reports |
Financial Statements |
Integrated Infrastructure
Our manufacturing infrastructure comprises 5 state-of-the-art units equipped with advanced tools and machinery to design, develop, and produce complex sheet metal parts. All our manufacturing facilities are certified as IATF 16949 QMS Compliant by TUV (Rh), Germany.
We also have a dedicated design and engineering unit with the latest CAD and CAE software and the second largest tool room in Pune with a built-up area of 60,000 sq. ft. The tool room is equipped with ultra-modern CNC and dedicated presses for tool tryouts. An in-house testing and validation facility has been established for testing our own proprietary products.
Major certifications
AUGUST 2022 – TATA MOTORS AWARDED
“AUTOLINE” FOR THE BEST PERFORMANCE IN
PASSENGER VEHICLES SEGMENT (PV)
Manufacturing Locations
Strategic presence with customer footprint optimization
1
Chakan Unit I Pune, Maharashtra Unit I Area – 11,400 sqm
2
Chakan Unit II Pune, Maharashtra Unit II Area – 58,364 sqm
3
Pant Nagar, Uttarakhand (3 Units)
Area – 20,400 sqm
3
Dharwad, Karnataka
Area – 7,500 sqm
4
5
5
Hosur, Tamil Nadu Area – 3,200 sqm
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Annual Report 2021-2022 |
3 |
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Disclaimer
Autoline Industries Limited published this content on 06 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 September 2022 10:29:04 UTC.
Publicnow 2022
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Income Statement Evolution
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