C Channels

Listing ID #218511

Incorporated in 1996, dtl ancillaries limited is one of the leading players in manufacturing customized cold roll formed (crf) sections and load body fabrication for railway wagons & coaches and commercial vehicles
dtl is promoted by mr. Vijay jain, an industry veteran and a first generation entrepreneur having more than 42 years of experience in dtl and other allied businesses. Mr. Jain is ably supported by his son mr. Sidharth jain in his capacity as the joint managing director of the company • the company is 100% owned by the promoter group
with strong expertise in crf, the company primarily caters to the following industry segments: • railways – dtl is one of the three part I suppliers certified by rdso for supply of crf component to the railways for company overview promoted by experienced first generation entrepreneur, dtl is one of the leading crf component manufacturer and company background…. Promoted by industry veteran with substantial business experience 28 wagons and coaches. Dtl manufactures crf components and fabricates side walls and roofs for wagons/coaches – this accounts for 76% of the company’s revenues 1 • commercial vehicles – dtl fabricates load bodies and panels for commercial vehicles and is one of the leading suppliers to tata motors, india’s largest domestic commercial auto company – this segment accounts for c. 23% of the company’s revenues 1 • infrastructure – this relatively new segment holds significant promise for dtl manufactured products. Few of the application areas which dtl currently caters to include air quality control systems for power plants, special steel foundation solutions for construction industry and rail guard and highway guards for infrastructure
the company has three manufacturing facilities at chakan, pune with current cumulative revenue capability of ` 2,500 mn one of the three part I components suppliers to the railway division 1. Based on fy 11 estimated numbers company background…. Backed by a pedigreed set of clientele
dtl has entered into an exclusive india partnership with a german company who is a pioneer in developing flexible cold roll forming (fcrf) technology. This patented technology will be revolutionary and has a wide ranging applications for the automotive industry • dtl has already signed a mou for commercial order from tata motors for outsourcing the manufacturing of their chassis of lcvs to dtl using the frcf technology
the company has seen stellar growth and clocked revenues of c. ` 1,213 mn in fy 10 with a cagr of 42% over the last 3 years. The company is expected to achieve gross sales of c. ` 1,800 mn in fy 11 with ebidta margins in excess of 14%
with dtl emerging as a part I supplier to railway in fy 11 it is expected to see strong surge in revenues from its railway division over the next few years. Furthermore the roll out of fcrf technology with firm commitment from tata motors and company overview dtl has been certified by rdso as a part I supplier for wagons/coaches in february 2011 making it one of the three part I suppliers in the industry. As a part I supplier dtl can provide 100% of components to 29 penetration into the value added infrastructure space backed by esteemed clientele will enable the company to achieve high scalability with strong margins
the company has a pedigreed set of customers including long term exclusive contracts with several customers. Dtl’s clientele includes: • railways – ministry of railways (including 14 zonal railways) , beml, titagarh wagons, integral coach factory, railway coach factory, texmaco, hindustan engineering, bharat wagons, braith waite etc • auto – tata motors, piaggio vehicles, vehicle factory jabalpur, beml (defense division) • infrastructure – thermax, alstom, clyde bergmann, isjec thomson (potential customers include arcelor mittal, bhel and l&t) wagon/coach manufacturers as against 25% which part ii suppliers provide. The criterion for being a part I supplier is very stringent resulting in high barriers to entry for newer players