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MARKET DEPTH

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299.002 days ago
310.002 days ago
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LOWER/UPPER CIRCUITS

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Obsc Perfection Limited Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 25.05%, in the last year to ₹145.2 Cr. Its sector's average revenue growth for the last fiscal year was 7.22%.
noteAnnual Net Profit,rose 37.24% in the last year to ₹16.76 Cr. Its sector's average net profit growth for the last fiscal year was 0.48%.
noteInterest Coverage Ratio,is 8.91, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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OBSC Perfection Limited was incorporated as Private Limited Company under the name ‘OBSC Perfection Private Limited’, under the provisions of the Companies Act, 2013 and Certificate of Incorporation was issued by the Registrar of Companies, Central Registration Centre, on March 17, 2017. The status of the Company was changed to public limited, and the name of the company was changed to ‘OBSC Perfection Limited’ vide Special Resolution dated March 26, 2024. The fresh Certificate of Incorporation consequent to conversion was issued on June 28, 2024 by the Registrar of Companies, Delhi. Omega Bright Steel Components Private Limited and Ashwani Leekha were the initial subscribers to the Memorandum of Association (MOA) of the Company.The company is a precision metal component manufacturer offering a diversified suite of precision engineering products which are high-quality engineered parts across end-user industries and geographies. It primarily caters to top original equipment manufacturers (OEMs) who ultimately supply various components and parts to top automotive manufacturing companies of India. In non-automotive sector, it caters to manufacturers of Defense, Marine Telecommunication Infrastructure industries.It manufactures a wide range of precision metal components including but not limited to cut blanks, shafts / spline shafts, torsion rods, piston rods, rack bar semi-finished, pinion, drive shafts, gear shifters, cable end fittings, sensor boss, sleeves, push plate, hubs, housing – brass and aluminium, fork bolt, fasteners, connectors, ball pin, ball pin housing, flange, male female ring, dozing adapter, housing for a diversified base of customers.It has a strong in-house presence across machining, turning, fabrication, and assembly which allow it to handle a wider range of component complexity and become a one-stop shop for its customers across various industries for these requirements. It also has a seamless integration between these processes. This allows for efficient flow of components through the production line thereby minimizing delays and rework. Further, it continuously upgrades to advanced CNC machines with multi-axis capabilities. This allows it for higher precision, faster production times, and the ability to handle intricate designs.Business area of the companyThe company is engaged in the business of manufacture of components made of steel and other metals, primarily for automotive industry.Products of the companyPiston rodsSensor bossStop discTurned fittingWater injectorNut fastenersAwards and recognitions2020: Received Certificate for Zero Defects Supplier from Bharat Electronics Limited.2022: Received Customer Satisfaction by Quality Assurance Award from Tenneco Clean Air India.2023: Won Best Supplier (Quality) Award-2023 from Tenneco.2024: Received Special Recognition for Outstanding Contributions in BSVI Developments Extraordinary Support in SOP-24 from Tenneco.2024: Received Certificate of Appreciation from Tata AutoComp Systems.2024: Received Certification of Appreciation from Tenno Automative India Private Limited for excellence in VSM and cost leadership.History and milestones2017: Incorporation of the Company.2020: Commencement of Operations from 1st Manufacturing Facility in Pune with an annual installed capacity of 11.50 lakh units.2020: Received IATF Standard 16949:2016 Certification in respect of Manufacture of precision machined components like pistol rods, Shafts, Connectors, cable end fittings, Studs, Bushes, Rings excluding Product design.2020: Received ISO 9001:2015 Certification in respect of Manufacture of precision machined components like pistol rods, Shafts, Connectors, cable end fittings, Studs, Bushes, Rings, Pulley.2021: Its annual revenues from operations crossed Rs 50 crore.2022: Commenced Operations from Unit II for Investment Casting in Pune with an Annual capacity of 600 MT.2023: Commenced Operations from 3rd Manufacturing Facility spanning around 30,000 sq. ft. for Machining in Chennai to cater high demand from OEM`s and Tier 1 for south market.2023: Its annual revenues from operations crossed Rs 100 crore.2024: Leased property for expansion of business by setting up new manufacturing unit IV at Taluka-Khed, GATE NO 417, Nighoje, Near Hotel Maha Laxmi and Mess, Nighoje, Chakan, Pune- 410501 Maharashtra, India.2024: Conversion of Company from private limited company to public limited company.
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