About DR Axion India
DR Axion India is a Transportation, Automotive & Logistics company based in Thiruvallur (India) founded in 2023, and was acquired by Craftsman Automation in May 2024. Company specializes in aluminium die casting technology and the sale of motor vehicle parts and accessories. The company has 344 employees. Its chief executive, as recorded, is Kim Jong Seob. Its Indian entity Dr Axion India Limited reported revenue of ₹1,633 Cr. DR Axion India offers products and services including Gravity Die Casting, Low Pressure Die Casting, and Integrated Facility. Its focus areas include Auto, Auto Components and Multi Category. Its competitors include UNO Minda and Endurance Technologies; 2 of its 2 listed competitors have raised funding.
Company details
DR Axion India was founded in 2023 and is located in Thiruvallur, India. Operations focus on aluminium die casting technology within the automotive sector. A range of products is provided, including engine parts, cylinder blocks and heads, automotive components, as well as gravity and low pressure die casting services. Motor vehicle parts and accessories are also sold through established channels.
- Headquarters Thiruvallur, India
- Employees 344
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website draxionindia.com
- Social LinkedIn
- Acquired by Craftsman Automation (May 2024)
- Legal Name Dr Axion India Private Limited
- Date of Incorporation 27 Dec, 2006
- Jurisdiction Tiruvallur, Tamil Nadu, India
- Annual Revenue₹1,633 Cr
FY 2026 · +25% YoY
- Net Profit₹186 Cr
FY 2026 · 12% margin
- EBITDA₹309 Cr
FY 2026 · 19% margin
- Investors
- Employee Count344
- Acquired byCraftsman Automation
(May 2024)
Associated legal entities of DR Axion India
DR Axion India is associated with 3 registered companies on The Company Check; the primary company is Dr Axion India Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dr Axion India Limited CIN U50300TN2006PLC061870 | Active | 27 Dec 2006 | Thiruvallur, Tamil Nadu | ₹1,633 Cr | 344 | 7 | View details |
| Dr Axion India Private Limited CIN U50300TN2006PTC061870 | 27 Dec 2006 | Tiruvallur, Tamil Nadu, India | View details | ||||
| Craftsman Automation Limited CIN U28991TZ1986PLC001816 | Active | 18 Jul 1986 | Coimbatore, Tamil Nadu | ₹1,501 Cr | 2,251 | 3 | View details |
Products & Services of DR Axion India
DR Axion India offers a comprehensive portfolio of products and services, including Gravity Die Casting, Low Pressure Die Casting, and Integrated Facility.
Produces aluminium components for automotive use with advanced technology.
Creates lightweight structural parts for vehicles efficiently.
Offers end-to-end aluminium casting services for automotive industry.
Investors in DR Axion India
DR Axion India has secured backing from 1 investor. Prominent investors backing the company include Craftsman Automation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | craftsmanautomation.com | Coimbatore, India |
Investor details for DR Axion India
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Board of directors of Dr Axion India Limited (DR Axion India)
Dr Axion India Limited is the primary company behind DR Axion India. The boards of the 2 registered companies of DR Axion India currently have 6 directors; the longest-serving is Jong Seob Kim, appointed in 2015. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jong Seob Kim DIN 07382589 | Managing Director | 01 Dec 2015 | 10 yrs 11 mo | Dr Axion India Limited |
| Chandrashekhar Madhukar Bhide DIN 00027967 | Director | 24 May 2018 | 8 yrs 5 mo | Craftsman Automation Limited |
| Tamraparni Srinivasan Venkata Rajagopal DIN 07148250 | Director | 01 Feb 2023 | 3 yrs 9 mo | Dr Axion India Limited |
| Vijaya Sampath DIN 00641110 | Director | 01 Feb 2023 | 3 yrs 9 mo | Dr Axion India Limited |
| Ravi Gauthamram DIN 06789004 | Director | 01 Feb 2023 | 3 yrs 9 mo | Dr Axion India Limited |
| Srinivasan Ravi DIN 01257716 | Director | 27 Jan 2025 | 1 yr 9 mo | Dr Axion India Limited |
People of DR Axion India
3 people are tracked at DR Axion India (3 in leadership); the tracked headcount is 344.
| Name | Role | Group |
|---|---|---|
Vignesh Vikey | Owner | Leadership |
| Managing Director | Leadership | |
| CEO & MD | Leadership |
Complete people profiles for DR Axion India
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Financials of DR Axion India
Figures of Dr Axion India Limited, the primary company behind DR Axion India, for FY 2026. Revenue was ₹1,633 Cr (+25% year on year). Net profit was ₹186 Cr (12% margin). EBITDA was ₹309 Cr (19% margin). Revenue has grown at a compounded annual rate of +15% over three years and +29% over five years.
- ₹1,633 CrRevenue · FY 2026 · +25% YoY
- ₹186 CrNet profit · 12% margin
- ₹309 CrEBITDA · 19% margin
- ₹113 CrPaid-up capital
- 344Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dr Axion India Limited are on its company page.
Detailed financial statements for DR Axion India
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Timeline of DR Axion India
2 dated milestones of DR Axion India across 1 years, from founding to its latest funding, stage changes and deals.
- Founded DR Axion India is founded.
- Exit Acquired by Craftsman Automation.
Competitors of DR Axion India
DR Axion India has 2 listed competitors in our database, 2 of them funded. They include UNO Minda and Endurance Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| endurancegroup.com | 1985 | Aurangabad, India | $104M | 4,070 | Auto components including suspension and braking systems are manufactured. |
Detailed competitors of DR Axion India
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as DR Axion India (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 24.41 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Related news about Dr Axion India
Complete news archive for DR Axion India
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Frequently Asked Questions about DR Axion India
DR Axion India was founded in 2023.
DR Axion India is headquartered in Thiruvallur, India. It is registered at Thiruvallur, Tamil Nadu, India.
Kim Jong Seob is the CEO of DR Axion India, as recorded in our data.
DR Axion India has 344 employees.
The primary company behind DR Axion India, Dr Axion India Limited, reported revenue of ₹1,633 Cr for FY 2026, up 25% year on year.
DR Axion India was founded in 2023 and is located in Thiruvallur, India. Operations focus on aluminium die casting technology within the automotive sector. A range of products is provided, including engine parts, cylinder blocks and heads, automotive components, as well as gravity and low pressure die casting services. Motor vehicle parts and accessories are also sold through established channels.
DR Axion India's top competitors include UNO Minda and Endurance Technologies.
DR Axion India offers Gravity Die Casting, Low Pressure Die Casting, and Integrated Facility.
DR Axion India has 1 investor. Key investors include Craftsman Automation.
DR Axion India is associated with 2 legal entities: Dr Axion India Limited, Craftsman Automation Limited.
Yes. DR Axion India was acquired by Craftsman Automation in May 2024.
The legal entities of DR Axion India currently have 10 directors, including Jong Seob Kim, Tamraparni Srinivasan Venkata Rajagopal, Srinivasan Ravi and others.