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Ndr Auto Components Limited (ndrauto) Forms Joint Venture with Korea’s DYA Co Limited

NDR Auto Components Limited (NDRAUTO) announces a joint venture with Korea’s DYA Co to manufacture automotive seats in India.

jyoti sharma

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Ndr Auto Components Limited Ndrauto Joint Venture with DYA Co November 2026

Ndr Auto Components Limited (NSE: NDRAUTO) announced the formation of a joint venture with DYA Co., Ltd. (KRX: 002880), a leading Korean manufacturer of automotive seats, to manufacture automotive seats in India. The joint venture aims to cater to Kia India and Hyundai India, combining NDR Auto Components’ manufacturing capabilities with DYA’s expertise in seat systems design and manufacturing. The agreement involves an investment of up to INR 62.96 crore. NDR Auto Components will hold 51% and DYA will hold 49% of the joint venture’s share capital.

Strategic Partnership

The joint venture will enable NDR Auto Components to expand its seating business from seat frames and trims to complete seat systems, adding Kia India and Hyundai India as new customers. DYA, renowned for its design and manufacturing capabilities, plans to enter the Indian market through this partnership. The joint venture’s financial results will be consolidated into NDR Auto Components’ financial statements.

Market Expansion

This strategic move is expected to enhance NDR Auto Components’ market presence and strengthen its position in the automotive seating solutions sector. The formation of the joint venture is subject to the execution of definitive agreements, incorporation of the joint venture company, and receipt of applicable regulatory approvals.

NDR Auto Components Limited, engaged in manufacturing automotive seating solutions since the 1980s, reported revenue of INR 827.40 crore in FY 2025-26. DYA Co., Ltd., headquartered in Gwangju, Korea, designs and produces complete seat systems for Hyundai Motor Group, with a combined capacity of about 660,000 seats per year.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Ndr Auto Components Limited

Ndr Auto Components Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

NDRAUTO
Consumer Cyclical › Auto Parts
CONSOLIDATION
80
Fundamental
46
Technical
63
Overall

1W +1.09%
1M +2.87%
3M -16.5%
P/E: 25.3 Cap: Small
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Ndr drops 16.5% over three months and trades near its 52-week lows. Thin margins at 7.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 28.2% and profits at 30.1% CAGR. Both numbers are exceptional. The stock gains 2.9% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. The business compounds at 28.2% revenue and 30.1% profit CAGR, with D/E of 0.00. Yet the stock drops 16.5% in three months. The business does not deteriorate — the stock does. That gap is what long-term investors look for. Check Fundamentals of Ndr Auto Components Limited.

Auto Parts

Jbm Auto Limited (jbma): Launches Ecolife E12 Electric City Bus at Singapore Urban Mobility Week 2026

JBM Auto Limited (JBMA) unveils its ECOLIFE e12 electric city bus at Singapore Urban Mobility Week 2026, marking a significant milestone in its EV ecosystem.

Reena Bhati - Tradealone

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Jbm Auto Limited JBMA Singapore Urban Mobility Week 2026

JBM Auto Limited (JBMA) has made a significant stride in its electric vehicle (EV) ecosystem by launching its all-electric city bus, ECOLIFE e12, at the Singapore Urban Mobility Week (SUMW) 2026. This launch marks a pivotal milestone in JBM Electric Vehicles’ (JBM EV) mission to decarbonize public transport globally.

Innovative Features and Safety

The ECOLIFE e12 is equipped with a lightweight monocoque full aluminum body structure and features state-of-the-art Intelligent Transport System, advanced telematics, and a host of safety features including the Advanced Driver-Assistance System (ADAS), Forward Vehicle Collision Warning System, Lane Departure Warning System, and more.

Strategic Expansion

In a strategic move to bolster its operations, JBM EV has established its APAC headquarters in Singapore. This hub will serve as the central base for marketing, sales, aftersales, operations, and partnerships across the APAC region.

Commitment to Sustainability

JBM Auto Limited remains committed to providing end-to-end e-mobility solutions, designed in India for the world. With over 4,000+ electric buses on the road, JBM has saved 650+ billion kgs of CO2 emissions, demonstrating its dedication to a cleaner, quieter, and more sustainable future.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of JBM Auto Limited

JBM Auto Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

JBMA
Consumer Cyclical › Auto Parts
—
62
Fundamental
66
Technical
64
Overall

1W +1.99%
1M -8.35%
3M -19.58%
P/E: 56.9 Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

JBM falls 19.6% over three months and has not found a floor yet. D/E of 1.90 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock sits at 24% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 18.1% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of JBM Auto Limited.

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Auto Parts

Endurance Technologies Limited (endurance) Q2 FY27: PAT Up 20.7%, Revenue Growth Accelerates

Endurance Technologies Limited (ENDURANCE) reports a 20.7% rise in PAT for Q2 FY27, with revenue growth accelerating significantly.

adit chauhan author tradealone

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Endurance Technologies Limited Endurance Q2 FY27 Results

Endurance Technologies Limited (NSE: ENDURANCE) announced its financial results for the quarter and half-year ended 30th September 2026, showcasing a robust performance across various metrics. The company’s profit after tax (PAT) rose by 20.7% to INR 274 crore for Q2 FY27 compared to INR 227 crore in the same period last year.

Financial Highlights

The consolidated total income, including other income, increased by 31.6% year-on-year to INR 4,811 crore. The EBITDA margin stood at 12.6%, a slight dip from 14.0% in the corresponding period last year. The profit before tax (PBT) after exceptional items surged by 17.1% to INR 356 crore. Notably, the standalone topline grew by 40% and EBITDA by 18% on a year-on-year basis.

Market Performance

Endurance’s Managing Director, Mr. Anurang Jain, highlighted the company’s growth in the Indian automotive market, where two-wheeler sales volumes rose 18% year-on-year. The company also reported a 76% share of consolidated total income from Indian operations. In Europe, new car registrations grew by 5.6% year-on-year, driven by Chinese OEMs, and revenue in Euro terms also grew by the same percentage.

Future Outlook

Mr. Jain emphasized the company’s strategic initiatives, including the commissioning of the AURIC Shendra plant in India, which will produce advanced aluminium die-casting components. Additionally, the company has accelerated its acquisitions in Europe, including the full ownership of Stoferle and the acquisition of Fondalpress, to strengthen its manufacturing base and integration opportunities.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Endurance Technologies Limited

Endurance Technologies Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

ENDURANCE
Consumer Cyclical › Auto Parts
CONSOLIDATING DOWN
82
Fundamental
64
Technical
73
Overall

1W -0.05%
1M -8.45%
3M -11.95%
P/E: 34.9 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Endurance falls 11.9% over three months and has not found a floor yet. Thin margins at 6.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The business compounds revenue at 18.2% and profits at 25.7% CAGR. That is strong double-digit growth on both counts. RSI stands at 26, well into oversold territory. Yet sellers still dominated on 20 of recent sessions versus 10 for buyers, so the pressure has not fully lifted. Revenue grows at 18.2% and profits at 25.7% CAGR, with D/E of 0.00. Meanwhile, the stock dips 11.9% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Endurance Technologies Limited.

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Auto Parts

Subros Limited Q2 Fy26-27 Results: Revenue Up 36%, PAT Grows 10%

Subros Limited reports a 36% revenue increase and a 10% PAT growth in Q2 FY26-27, driven by higher market demand.

seema chauhan author

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Subros Limited Q2 Fy26-27 Results

Subros Limited, the largest air conditioning and thermal products company in India, has announced its financial results for Quarter 2, FY 2026-27. The company reported a significant revenue growth of 36.27% and a PAT increase of 9.93% for the quarter ending September 30, 2026, compared to the same period last year.

Revenue Growth

The revenue for Q2 FY26-27 stood at Rs. 1,198.90 crore, marking a substantial 36.27% increase from Rs. 876.62 crore in Q2 FY25-26. This growth is attributed to increased market demand and new business awards.

Profitability

The company’s PAT for Q2 FY26-27 was Rs. 73.74 crore, up from Rs. 61.91 crore in the corresponding quarter last year, reflecting a 9.93% increase. The EBITDA and PBT also saw growth, rising by 3.96% and 10.02% respectively.

Operational Highlights

Subros Limited continues to expand its production capacities with the start of operations for two new models for ICE vehicles in Q2 2026-27. The company also reported a new business award for future programs in HVAC, Compressor, and HX segments. Additionally, the Kharkhoda plant (greenfield project) and the Karsanpura plant (expansion) are in progress to boost FDC capacities and electric compressor expansion.

As the company moves forward, it remains focused on productivity, localization, cost optimization, and operating leverage to sustain its growth trajectory.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Subros Limited

Subros Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

SUBROS
Consumer Cyclical › Auto Parts
APPROACHING RESISTANCE
76
Fundamental
52
Technical
65
Overall

1W -1.71%
1M -1.89%
3M -17.27%
P/E: 26.1 Cap: Small
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Subros drops 17.3% over three months and trades near its 52-week lows. The PEG of 0.51 signals undervaluation relative to growth. It is a potential re-rating candidate. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock sits at 8% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 10.2% and profits at 51.2% CAGR, with D/E of 0.00. Meanwhile, the stock dips 17.3% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Subros Limited.

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