Corporate Identity

Geared for sustainable
growth

Sona Comstar is one of India’s leading automotive technology companies and has emerged as a major industry player since its inception in 1995.

We design, develop and distribute highly engineered, mission-critical automotive systems and components with next-generation applications.

We are among the few companies around the world with the ability to design high power density, lightweight EV systems that meet stringent standards of durability and performance.

Core Values

Integrity

Always do the right thing. No matter what the cost. No matter if anyone is looking.

Vitality

Build better products

Frugality

Build better products - more economically

Agility

Build better and more economical products faster

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Differentiators
that keep us resilient

Manufacturing units

We operate nine state-of-the-art manufacturing facilities across the India, USA, Mexico, and China. Our established global presence helps us serve our customers with greater agility.


Wide product range

For OEMs across the US, Europe, India and China, across both electrified and non‑electrified powertrain segments.


Experienced leadership

Our Company’s Chairman is Mr. Sunjay Kapur, who has over 21 years of experience in the automotive industry.


Research and development

We are a technology- and innovation-driven organisation with a strong focus on R&D.

Electrifying
tomorrow

As one of the leading manufacturers and suppliers of automotive technology products, we have our sights set firmly on helping to bring the future of mobility to global consumers faster. A diversified presence across geographies and vehicle segments keeps us in touch with myriad consumer and market needs and evolving preferences. We integrate this knowledge into our offerings to consistently deliver best-in-class products that exceed consumer expectations which helps us to build lasting bonds within the automotive industry.

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Key Highlights
FY 2020-21

Revenue
INR 15,663 mn

51% y-o-y growth

EBITDA
INR 4,410 mn

28.2% EBITDA margin

PAT
INR 2,151 mn

13.7% PAT margin

International Revenue
INR 11,160 mn

75% of sales of goods

Battery EV
INR 2,057 mn

13.8% of sales of Goods

Total R&D expenditure
INR 915 mn

Highlights

Among the top five listed auto component manufacturers in India by market capitalisation
One of the leading
manufacturers and suppliers to global EV markets
Strong research and development and technological capabilities in both hardware and software development
Strong business development with high visibility on future revenue growth
Consistent financial performance with industry-leading metrics
Highly experienced Board of Directors and management team
One of the leading global automotive technology companies, gaining market share rapidly, diversified across key geographies, products, vehicle segments and customers
Chairman’s Communique

Becoming a one-stop, local solution. Globally.

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We are essentially a technology- and research‑driven enterprise always looking to improve our in-house capabilities. We implemented digitalisation to the extent possible to ensure that we are able to reach to the optimum levels of manufacturing efficiency across our manufacturing units.

Sunjay Kapur
Chairman and Non Executive Director

Managing Director and Group CEO’s Perspective

Making the best out of the worst

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It was the best of times, it was the worst of times… it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness” these lines from Charles Dickens have never felt more apt than in the year that just went by.

Vivek Vikram Singh
MD & Group CEO

CFO Communique

Charging ahead with resilience

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Fiscal 2021 also turned out to be a historic one for Sona Comstar, as we navigated cautiously through the uncertain times. Even at the bleakest of moments, the strength of our balance sheet gave us the confidence that we would be amongst the first ones in our industry to come out of this global crisis.

Rohit Nanda
Group CFO

Product Offerings

A diversified portfolio of best-in-class offerings

Our ability to deliver diverse and customised mission-critical products for all types of electric vehicles, passenger vehicles, commercial vehicles, and off-highway vehicles makes us a one-stop automotive technology solution provider globally.

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Electric
Cars

* Products under technical validation at the customer

ELECTRIC
2 WHEELERS
ELECTRIC RICKSHAWS
AND 3 WHEELERS
PASSENGER
VEHICLES
OFF HIGHWAY
VEHICLES
COMMERCIAL
VEHICLES

Note:
Product Images and technical drawings are for representation purpose only.

Key Performance Indicators

Underlining progress with robust outcomes

We are among the leading automotive component manufacturers in the country, validated by our strong performance across both financial as well as non‑financial parameters.

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Profit & Loss
REVENUE

INR in million

15,663

 
EBITDA MARGIN@

%

28.2

@EBITDA margin = EBITDA from continuing operations/ Revenue from operations from continuing operations.
 
EBITDA*

INR in million

4,410

*EBITDA for the year from continuing operations
PAT#

INR in million

2,151

#2018, 2019 & 2020 include profit / loss from discontinued operations.
Balance Sheet
GROSS BLOCK$

INR in million

4,655

$Property, plant and equipment only
RETURN ON EQUITY^

%

36.4

^PAT / tangible net worth
 
NET DEBT&

INR in million

3,413

&Long term debts and Short term borrowing less Cash and cash equivalents
Non-Financial
R&D INVESTMENTS**

INR in million

915

** includes Comstar
TOTAL EMPLOYEES**

3,143

** includes Comstar
 
TRAINING HOURS PER PERSON**

hours

40

** includes Comstar
ALLOCATION TOWARDS CSR INITIATIVES**

INR in million

53

** includes Comstar
Core Competencies

Geared for sustainable growth

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Diversified presence across geographies and segments

5%

Global Market Share in Differential Gears in CY 2020

3%

Global Market Share in Starter Motors in CY 2020

(Source: Ricardo Report, CRISIL)

Prominence in Electric Vehicles (EVs)

8.7%

Global Market Share in Battery EV Differential Assemblies in CY 2020

15

New Development Programmes Active
as on 31st March, 2021

(Source: Ricardo Report, CRISIL)

Technological Superiority

INR 571 mn

Software Development Expense
In Fy 2020-21

15*

Patents Awaiting Approval in India
as on 31st March, 2021

* includes Comstar

Customer-centricity

We have Long-standing
Relationships of

>15 years

With 13 of Our Top 20
Customers

Strategic Priorities

Building on a futuristic framework for progress

Our strategic objectives have been carefully articulated keeping in focus the evolving mobility needs of customers and stakeholders we work with. We measure the progress achieved on these goals every year, and regard it as the rulebook to navigating a turbulent year.


Capitalising on market opportunities in the growing electric vehicle
(EV) space

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Significantly increasing our global market share from existing systems and components

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Greater emphasis on R&D to develop new and innovative systems and components

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Corporate Social Responsibility

Making tomorrow better. For everyone.

As an industry leader at the helm of bringing the future of mobility to the world, we set an example by always opting for the empathetic and social approach. Our CSR interventions involving education, healthcare, livelihood and self-sustenance training are focused on bringing opportunities for our stakeholders and the communities we influence.

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Pillars of our CSR interventions
Samridh
Bharat
Swasth
Bharat
Surakshit
Bharat
Saksham
Bharat
Workforce

Supporting the dreamers that bring our vision to life

The safety and well-being of our employees have always been our top priority. This reflected in our actions ever more strongly in a year that was riddled with challenges and tragedies. Our proactive adoption ofnew ways of working reiterated our commitment to fostering a fulfilling warm culture.

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