TSF Group Showcases Mobility Innovations at Bharat Mobility Global Expo 2025
- By MT Bureau
- January 20, 2025

Brakes India,a TSF Group company, unveiled its comprehensive range of products for passenger vehicles (PVs), commercial vehicles (CVs), tractors and off-highway applications at the Bharat Mobility Global Expo 2025. The company showcased its in-house designed and developed solutions, spanning conventional braking systems, air actuation systems, iron castings and an extensive aftermarket portfolio. These offerings cater to the evolving needs of both global and domestic markets.
“Our vision is global yet deeply rooted in India. We are expanding our international presence while steadfastly embracing the 'Make in India' initiative. Our roadmap is clear: to lead through innovation, expand our global reach, and drive the widespread adoption of electric vehicles. Our core engineering team possesses the expertise and capability to continuously enhance our products, encompassing foundation brakes with calipers, drum brakes, air actuation system, and even the booster master. We aspire for all our products to achieve global benchmarks. We are proud to contribute to the growth of the Indian automotive industry while expanding our global presence." said Brakes India Managing Director Sriram Viji.
Commenting on the issue, President of Heavy Vehicles Business Unit at Brakes India D Sridharan said, “As a trusted partner in the commercial vehicle industry, Brakes India provides solutions for vehicles ranging from 2 tons to 60 tons. Our new air actuation range exemplifies the precision, quality, and reliability that define our brand. This expansion enables us to cater to a broader customer base while strengthening our market position. Beyond foundation brakes, we are thrilled to enter the air actuation segment for trailers, aligning with our strategic focus on the rapidly growing Indian trailer market, which is projected to expand at a robust CAGR of ~15%. In addition, we are advancing innovative technologies such as Electronic Controlled Retarders, e-Park systems for commercial vehicles, and Hydraulic Hill Start Assist to further enhance safety and efficiency.”
“At Bharat Mobility 2025, we embraced the 'Beyond Boundaries' theme with our cutting-edge Opposed Piston Caliper. Designed for unparalleled braking performance, this bespoke solution delivers superior straight-line braking for high-performance vehicles and track enthusiasts. As India emerges as a global hub for automotive engineering, we see immense growth potential in both ICE and EV markets. Leveraging our experience serving multinational clients, we are strategically positioned to expand our export footprint and solidify our market leadership,” said President of Light Vehicles Business Unit at Brakes India K Vasudevan.
As a trusted Tier-1 supplier to leading OEMs worldwide, Brakes India continues to uphold its reputation for delivering cutting-edge solutions, focusing on design, development, world-class quality, competitive costs, and exceptional customer service.
Wheels India Limited (WIL), another TSF Group company, introduced a range of wheels tailored for the commercial vehicle sector and a cast alloy wheel rim for passenger vehicles. The 17-inch cast alloy wheel, designed specifically for the ‘Mid-SUV’ segment, offers a variety of offset configurations. Highlighting WIL’s commitment to excellence, Managing Director Srivats Ram remarked, “Meeting customer expectations is our priority. These new products embody our commitment to delivering solutions that drive value and set industry standards.”
Turbo Energy, another TSF Group company, showcased its comprehensive range of turbocharger solutions at Bharat Mobility Global Expo 2025. Engineered at its development centre in Chennai with support from BorgWarner Turbo Systems, Germany, Turbo Energy continues to pioneer advanced technologies to meet the demands of the mobility industry.
These collective efforts underline the TSF Group's enduring legacy in innovation, quality, and customer-centricity, ensuring their continued leadership across diverse automotive segments.“Our customer-centric approach helps us to understand customer needs and provide appropriate solutions. Currently, two-thirds of boosting solutions in the Indian market use our turbochargers. We have a strong product range of turbos for clean mobility, powertrains using CNG, LNG, flex fuel, and hydrogen, apart from other applications in gasoline, hybrid, and diesel. Furthermore, our state-of-the-art high-speed e-compressors are used in fuel cell electric vehicles. The company’s strong backward integration, aftermarket support, and technology know-how from BorgWarner Turbo Systems keeps us ahead of the competition to meet customer demands,” said Executive Vice Chairman at Turbo Energy Ananth Ramanujam.
Lumax Reports Net Profit Of INR 540 Million In Q1 FY2026
- By MT Bureau
- August 08, 2025

Tier 1 supplier Lumax Auto Technologies has announced its financial results for Q1 FY2026, showcasing significant growth in revenue and profit. The company reported consolidated revenue of INR 10.26 billion for Q1 FY26, up 36 percent from INR 7.56 billion last year.
This growth was supported by strong performance across its various business segments. The standalone OEM business saw a 5 percent increase in revenue, while the aftermarket segment experienced a 16 percent surge compared to the previous year. The company's subsidiaries (excluding the recently acquired Greenfuel) also contributed significantly, with a 36 percent YoY growth. Including Greenfuel, the growth for the subsidiaries was even more impressive at 59 percent for the quarter.
Lumax Auto Technologies' profitability also saw a healthy increase, with consolidated profit after tax (PAT) jumping 30 percent to INR 540 million in Q1 FY26, up from INR 420 million in the same period last year.
Anmol Jain, Managing Director, Lumax Auto Technologies, said, "We have kicked off the FY2026 with a steady performance both in revenue and profitability which is in line with our internal operating budgets. There have been certain price corrections from customers which has not been realised because of which the margins have seen a slight dip from Q1 of FY25. These corrections have been subsequently received in the current month. In Q2, we should be able to see this gain based upon the spill over from Q1 & in H1, the EBITDA margins will be in alignment with the strategic direction for the current year which is between 14 percent to 15 percent."
The company also highlighted key strategic initiatives during the quarter, including the full acquisition of IAC India, which strengthens its position in the EV interior space. Additionally, the Board of Directors approved the establishment of a branch office in China to explore new business opportunities and the setting up of a new Technology Centre in Bengaluru.
- Tata AutoComp Systems
- Artifex Interior Systems
- IAC Group Slovakia
- Arvind Goel
- Manoj Kolhatkar
- Alan Fennelly
Tata AutoComp To Acquire IAC Group Slovakia
- By MT Bureau
- August 07, 2025

Tier 1 automotive supplier Tata AutoComp Systems, through its British subsidiary Artifex Interior Systems (Artifex), has signed a conditional agreement to acquire 100 percent stake in IAC Group (Slovakia).
The move is part of Tata AutoComp’s strategy to further strengthen its capabilities and expand its presence in the UK and EU markets.
Arvind Goel, Vice-Chairman, Tata AutoComp, said, “The acquisition of IAC Slovakia will mark a significant milestone in Tata AutoComp’s global growth journey. Following our earlier acquisition of Artifex, this step strengthens our European presence and reflects our commitment to serving global OEMs more effectively. IAC Slovakia’s strong operational excellence, skilled workforce, and strategic location will enhance our ability to deliver high-quality interior systems. This move supports our vision to be a trusted and value-driven partner in the global automotive supplychain.”
Manoj Kolhatkar, MD & CEO, Tata AutoComp, said, “We see strong synergy between IAC Slovakia’s capabilities and our existing European operations, which will enable faster integration and value delivery to OEM customers.”
Alan Fennelly, Chief Executive Officer, Artifex, said, “We are excited to welcome IAC Slovakia into the Artifex family. This expansion is a pivotal step in our journey to become the valued partner of choice. It strengthens our expertise in automotive interior systems, expands our capabilities, and opens the door to new partnerships and broader markets. I’m excited about what we’ll achieve together.”
Uno Minda’s Bet On Diversification Helps Net Profit Grow 46% In Q1 FY2026
- By MT Bureau
- August 06, 2025

Tier 1 supplier Uno Minda has reported a robust INR 44.89 billion in revenue in Q1 FY2026, up 18 percent YoY, as compared to INR 38.18 billion last year.
The EBITDA came at INR 5.43 billion with a margin of 12.1 percent, as against INR 4.08 billion and a margin of 10.7 percent for the same period last year. The net profit grew by 46 percent at INR 2.91 billion.
Ravi Mehra, Managing Director, Uno Minda Group, said, “The automotive industry is undergoing a seismic transformation – driven by electrification, digitalisation, safety and premiumisation. At Uno Minda, we have embraced this change with agility and vision, positioning ourselves as a key enabler of next-generation mobility solutions. Our performance in Q1 FY26 reflects not only strong execution but also the growing relevance of our innovation-led portfolio across emerging technologies. We continue to invest in future-ready capacities, strategic partnerships, and R&D capabilities across India and overseas to deepen our technology leadership and enhance our value proposition to customers. We are confident that our continued emphasis on technology, quality, and customer-centricity will shape Uno Minda’s next phase of sustainable and inclusive growth.”
Sunil Bohra, CFO, Uno Minda Group, said, “We are pleased to report a strong start to FY26 with robust top-line and bottom-line performance across key product segments. The 18% year-on-year revenue growth reflects the strength of our diversified portfolio, deep customer relationships, and our continued ability to outperform the industry. Our strategic investments in emerging technologies like EV components, ADAS, sensors, and advanced electronics are beginning to yield tangible results, further strengthening our position as a future-ready automotive solutions provider. As we move forward, we remain committed to disciplined capital allocation, margin stability, and accelerating localisation efforts to create long-term value for all stakeholders.”
Bharat Forge Reports INR 3.39 Billion Net Profit For Q1 FY2026, Maintains Cautious Outlook On US Export Biz
- By MT Bureau
- August 06, 2025

Bharat Forge, a leading engineering and manufacturing company in India, has announced its financial results for Q1 FY2026, which saw its revenue at INR 21.05 billion. The net profit came at INR 3.39 billion, EBITDA at INR 6.82 billion with a margin of 17.5 percent.
The company attributed that it maintained a healthy financial performance despite challenging export market conditions, but resilient performance driven by strong domestic demand and strategic order wins.
During the quarter, Bharat Forge secured new orders worth INR 8.47 billion, which includes INR 2.69 billion from Defence business.
Baba Kalyani, Chairman and MD, Bharat Forge, said, “During the quarter, the company secured new orders worth Rs 847 Crores including INR 2.69 billion in Defence. As of Q1FY26, the defence order book stood at INR 94.63 billion. For the defence vertical, based on the project / platforms we have participated in, we expect to secure new orders in this fiscal year generating more revenue visibility for the future years.
The US & European operations witnessed meaningful improvement in financial performance in the Apr – Jun quarter and are generating cash profit. Review of the European steel manufacturing footprint is on track, and we expect to have concrete steps in place by the end of this year. Given the recent tariff announcement by the US government and changes to emission regulation in North America, we are cautious on the outlook for the US export business for the reminder of the fiscal. FY26 is likely to be a challenging period, given where we are in the overall cycle and our geographical exposure. Our focus is on capturing opportunities in businesses & geographies which are relatively unaffected and work simultaneously on cost optimization to minimize impact of operating deleverage.”
The company stated that despite headwinds from tariff and regulatory uncertainties in key export markets, it continues to strengthen its position through targeted diversification and operational efficiency.
Comments (0)
ADD COMMENT