Quarter ended on March 31, 2025Data in Crores of INR
Revenue₹ 184.96 from last year
Operating profits₹ 28.84 from last year
Net income₹ 17.15 from last year
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Data is unavailable
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Profitability ratios
ROA14.9%
ROE36.06%
ROCE33.57%
EPS8.3%
Net profit margin7.24%
Operating profit margin13.22%
Dividend per share
Operational ratios Quick ratio0.88%
Current ratio1.37%
Interest coverage5.11%
Assets turnover2.06%
Debt to equity0.8%
Valuation ratios P/E ratio25.83%
P/B ratio
Dividend yield
EV/EBITDA
Kross Limited was incorporated as ‘Kross Manufacturers (India) Private Limited’, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 9, 1991, issued by the Registrar of Companies, Bihar at Patna. Thereafter, the Registered Office of the company was changed from 214, Ashiana Centre Adityapur, Jamshedpur to M-4, Phase VI, Gamharia, Adityapur Industrial Area, Jamshedpur. Subsequently, the name of the Company was changed from ‘Kross Manufacturers (India) Private Limited’ to ‘Kross Private Limited’ pursuant to a fresh certificate of incorporation issued by the Registrar of Companies Jharkhand at Ranchi dated September 26, 2016. Further, the name of the company was changed upon conversion from a private limited company ‘Kross Private Limited’, to a public limited company ‘Kross Limited’ pursuant to a special resolution passed by its shareholders on January 13, 2017 and a fresh certificate of incorporation issued by the Registrar of Companies Jharkhand at Ranchi dated January 17, 2017.Kross is a diversified player focused on manufacturing and supply of trailer axle and suspension assembly and a wide range of forged and precision machined high performance safety critical parts for medium and heavy commercial vehicles (MHCV) and farm equipment segments. The company is widely recognized as one of the prominent manufacturers of trailer axles and suspension assembly in India. In 2019, it commenced manufacture and sale of trailer axle and suspension assemblies and has witnessed robust growth between Fiscal 2021 and Fiscal 2024. It has become one of the fastest growing players in the organised trailer axle manufacturing industry competing with major trailer axle manufacturers. With over three decades of experience, the company relies on its product development capabilities to design and deliver proprietary products such as trailer axle and suspension assembly. It is one of the few players domestically, with the competency to manufacture trailer axles and suspension assembly in-house.With a diversified portfolio of high performance and safety critical components for the MHCV and farm equipment segments, the company is a specialist in manufacturing of safety critical components for MHCV segment which include axle shafts, companion flanges, anti-roll bars and stabilizer bar assembly, suspension linkages, differential spiders, bevel gears, planet carriers, inter-axle kits, rear end spindles, pole wheels and wide variety of tractor components for the hydraulic lift arrangement, power take-off (PTO) shafts and front axle spindles. The company supplies its products to a diversified client base which includes large original equipment manufacturers (OEMs) manufacturing MHCV and tractors, tier one suppliers to the OEMs in the MHCV segment domestic dealers and fabricators for its trailer axle and suspension business.Business area of the companyThe company is a diversified player focused on manufacturing and supply of trailer axle and suspension assembly and a wide range of forged and precision machined high performance safety critical parts for MHCV and farm equipment segments.Products of the companyMHCV components and assembliesTrailer axles and suspensionsAxle shaftsCoupling flangesDifferential spidersBevel gear assembliesBell crank assembliesTrunion pinsGear joint assembliesClutch release forksSteering jointsUniversal crossInput and output shaftsReaction plate and carrier annulusPlanet carrier assemblyRear end spindlesABS Pole wheelsInteraxle ringsAnti-roll bar and stabilizer bar assemblyTractor components and assembliesSpindle front axlesControl spring assemblyArm rams and hydraulic lift armsPTO shaftsHydraulic lift shaftsAwards, accreditations and recognitions2013: Best supplier award for ‘Consistent Delivery Performance’ through pull system -Kanban at the Global Supplier Meetby TAFE.2014: Best supplier award for ‘Overall Performance’ by TAFE.2015: Best supplier of the year award for outstanding efforts in delivery, quality and cost by York, a Tata Enterprise.2021: Durafit Range best vendor award for demand fulfilment east (2020-21) by Tata Genuine Parts at the Vendor Impact Progamme 2021.2023: Silver award in Best Performance in Business Alignment by Ashok Leyland.History and milestones1991: Obtained the certificate of incorporation.1997: Supplied their first product, joint cross to Tata Engineering and Locomotive Company Limited (Telco Limited).2001: Diversified into tractor components and started working with TAFE.2006: Started working with Ashok Leyland by developing output flanges.2008: Installed upsetter forging equipment (4” and 5”) and started development of manufacturing of axle shafts for Tata Motors.2008: Installed press forging equipment by installing 2500 and 2000 tonnes mechanical press.2014: Commenced business with International Tractors Limited for rockshafts.2016: Developed spider bevel gears for TAFE.2018: Commenced manufacturing anti-roll bar and stabilizer bar for OEM’s by commissioning a new facility, Unit IV.2019: Developed the trailer axle along with mechanical suspensions for the trailer industry.2022: Established foundry Unit V, a high pressure mould line along with its machine shop.
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