About Automotive Stampings and Assemblies Limited

Automotive Stampings and Assemblies Limited (ASAL) was incorporated on March 13, 1990, originally as JBM Tools Limited, and adopted its current name on August 1, 2003. It is a listed subsidiary of Tata AutoComp Systems Limited, placing it within the Tata Group’s automotive ecosystem and listed on NSE and BSE. The Company designs, develops, and manufactures precision sheet metal components, welded assemblies and modules for the automotive industry, including Body-in-White structural and skin panels, fuel tanks, rear twist beams, oil sumps, and suspension components, with capabilities extending from prototyping to die development and full-scale production.

ASAL serves leading OEMs across passenger vehicles, commercial vehicles, 2/3 wheelers and off-road equipment. Key customers include Tata Motors Limited (Passenger Vehicle, Commercial Vehicle and Electric Mobility divisions/subsidiaries), FIAT India Automobiles Private Limited, Ashok Leyland Limited, Piaggio Vehicles Private Limited, Tata Hitachi Construction Machinery Company Limited and JCB Heavy Products Limited. The Company operates five manufacturing facilities in India—Chakan I and II (Pune, Maharashtra), Pantnagar (Uttarakhand), Sanand (Gujarat) and Jamshedpur (Jharkhand). During the financial year 2023-24, ASAL successfully commenced operations at two new plants in Sanand and Jamshedpur, marking a key recent expansion milestone.

ASAL primarily operates in India, with exports forming a minimal share of overall turnover. The Company has no subsidiaries, associates or joint ventures during the year ended March 31, 2025.

Automotive Stampings and Assemblies Limited Business Segments

Segment/vertical: The Company operates only in the Automobile Component segment; stampings, fabrication and welding account for 100% of turnover.

Geography: Exports contributed 0.08% of total turnover; the business remains primarily domestic.

Automotive Stampings and Assemblies Limited Key Management

• Arvind Goel – Chairman
• Suhas Dode – Manager designated as Chief Executive Officer
• Jayadev Mishra – Chief Financial Officer
• Saurabh Erande – Company Secretary and Compliance Officer

Latest Updates on Automotive Stampings and Assemblies Limited

• EV-focused capability: ASAL is advancing manufacturing technologies for aluminium battery trays, an emerging EV component area.
• New business win: To grow its battery tray portfolio, the Company onboarded M/s Octillion Power Systems India Pvt. Ltd., a recognised battery pack manufacturer for EVs; it is also exploring further opportunities within the Tata AutoComp Group.
• Customer and portfolio breadth: Alongside Tata Motors’ Passenger, Commercial and Electric Mobility divisions/subsidiaries and a roster of domestic OEMs, ASAL continues to support customers across passenger vehicles, commercial vehicles, two/three wheelers and off-road equipment with sheet metal components, welded assemblies, battery tray assemblies, aluminium cooling tubes and heavy fabricated parts.
• Operational footprint: The Company operates five plants—Chakan I and II (Pune), Pantnagar, Sanand and Jamshedpur—spanning Maharashtra, Uttarakhand, Gujarat and Jharkhand; two of these plants (Sanand and Jamshedpur) commenced operations recently, reflecting its capacity expansion drive.
• Recognitions: During the year, ASAL received the “Best Supplier award for consistent Performance” for its Sanand Plant and “Best DWM”, “Horizontal Deployment” and “Outstanding Accomplishment Award” for its Pantnagar Plant from Tata Motors Limited; it was also recognised for “Commitment to excellence as a valued supplier” by Tata Passenger Electric Mobility. The Company’s teams earned over 262 awards across forums such as QCFI Kaizen and Safety competitions, the National Level Poka-yoke Competition and CII Kaizen circles, underscoring sustained quality and safety excellence.