RACL Geartech

Delhi, India Founded: 1989 • Age: 37 yrs Listed
Manufacturer and supplier of gear components to tier 1, tier 2, OEMs and aftermarket

About RACL Geartech

RACL Geartech is a publicly listed company based in Delhi (India) founded in 1989. Manufacturer and supplier of gear components to tier 1, tier 2, OEMs and aftermarket. The company has 833 employees. Its chief executive, as recorded, is Gursharan Singh. Its Indian entity Racl Geartech Limited reported revenue of ₹512 Cr. Its focus areas include Auto, Auto Components, Powertrain System and Transmission System. Its competitors include Happy Forgings and Kinetic Engineering; 1 of its 2 listed competitors has raised funding.

Company details

RACL Geartech is a manufacturer and supplier of gear components to tier 1, tier 2, OEMs and aftermarket. Manufactures transmission gears, shafts, reduction gears, trains, CVT gearboxes, engine timing gears, sub-assemblies, sprockets ratchets, precision machined parts, synchronizing cones, rings, and industrial gears for motorcycles, scooters, 3 and 4 wheeler passenger vehicle, cargo vehicles, agricultural machinery, tractors, ATV, light and heavy commercial vehicles. Clientele includes Piaggio, Yamaha, BMW, KTM, DANA.

  • Headquarters Delhi, India
  • Employees 833
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website raclgeartech.com
  • Social LinkedIn
  • Legal Name Racl Geartech Ltd
Key Metrics
  • Market Cap
    ₹1,680 Cr

    RACLGEAR · NSE

  • Share Price
    ₹1,444.40

    +1.38% today

  • Revenue
    ₹490 Cr

    FY 2025-26 · +18.0% YoY

  • EBITDA
    ₹107 Cr

    Margin 21.8%

  • Net Profit
    ₹49.06 Cr

    FY 2025-26 · +116.0% YoY

  • P/E (TTM)
    34.2x

    P/B 4.8x

  • ROE
    16.9%

    ROCE 16.6%

  • Debt / Equity
    0.95

    Interest cover 40.9x

  • Employee Count
    833

Board of directors of Racl Geartech Limited (RACL Geartech)

Racl Geartech Limited is the primary company behind RACL Geartech. The board of Racl Geartech Limited currently have 8 directors; the longest-serving is Gursharan Singh, appointed in 2002. 20 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gursharan Singh
DIN 00057602
Managing Director23 Aug 200224 yrs 2 moRacl Geartech Limited
Anil Sharma
DIN 00157911
Director19 May 200620 yrs 5 moRacl Geartech Limited
Narinder Paul Kaur
DIN 02435942
Director31 Jan 201511 yrs 9 moRacl Geartech Limited
Jagdish Keswani
DIN 02146267
Director11 Nov 20196 yrs 11 moRacl Geartech Limited
Harinderpal Singh Bedi
DIN 05217488
Director29 Jun 20206 yrs 4 moRacl Geartech Limited
Malini Bansal
DIN 00167993
Director13 Aug 20215 yrs 2 moRacl Geartech Limited
Rakesh Kapoor
DIN 00015358
Director11 Aug 20251 yr 2 moRacl Geartech Limited
Pravir Kumar
DIN 00671671
Director11 Aug 20251 yr 2 moRacl Geartech Limited

People of RACL Geartech

1 people are tracked at RACL Geartech (1 in leadership); the tracked headcount is 833.

NameRoleGroup
CEOLeadership
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IPO & Listings of RACL Geartech

RACL Geartech is a publicly listed company on the NSE with ticker symbol RACLGEAR in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date27 Nov 2024
  • Listed onNSE: RACLGEAR
  • Listed entityRACL Geartech Ltd
  • Exchange sectorProducer manufacturing
  • ISININE704B01017
  • Share price₹1,522.20 (+1.57% on the day) · 2026-10-14
  • Market capitalisation₹1,771 Cr
  • Price to earnings36.5
  • EPS (diluted, trailing year)₹41.72
  • Dividend yield0.1%
  • Volume (last session)13,307

Financials of RACL Geartech

Exchange-reported figures of Racl Geartech Limited, the listed company behind RACL Geartech (NSE: RACLGEAR).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹490 Cr
+18.0% YoY
EBITDA
₹107 Cr
+25.5% YoY
Profit After Tax
₹49.06 Cr
+116.0% YoY
Net Worth
₹352 Cr
+55.5% YoY
Total Assets
₹597 Cr
+8.0% YoY
Total Debt
₹236 Cr
-25.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue490415410358271204212
Revenue growth+18.0%+1.4%+14.3%+32.1%+33.2%-4.1%-
EBITDA10785.0295.8881.6357.1451.0141.10
EBITDA margin+21.8%+20.5%+23.4%+22.8%+21.1%+25.1%+19.4%
Profit before tax65.7332.8053.4551.4032.9230.2321.89
Net profit49.0622.7139.3837.3023.9623.4118.00
Net profit margin+10.0%+5.5%+9.6%+10.4%+8.8%+11.5%+8.5%
EPS (₹)40.0921.2235.1834.7222.1721.7915.74
Balance sheet
Total assets597553502379304224184
Net worth35222720516713110885.13
Total debt23631728920316310787.89
Cash & bank13.952.560.782.750.750.810.75
Net working capital26323520014112279.2080.14
Cash flow
Cash from operations91.8556.2935.2960.0011.8138.9733.28
Cash from investing(52.58)(45.97)(92.61)(75.78)(55.86)(48.59)(26.25)
Cash from financing(33.52)(9.74)56.1117.7343.999.68(6.97)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13213213712010187.29113106
Revenue growth (YoY)+31.5%+50.8%+21.8%+13.4%-7.5%---
Other income0.255.033.855.558.054.940.264.20
EBITDA31.9429.0531.3024.4018.8219.1223.9019.66
EBITDA margin+24.1%+22.1%+22.8%+20.3%+18.7%+21.9%+21.2%+18.5%
Depreciation9.208.668.488.318.077.887.667.40
Interest6.178.515.305.467.537.357.368.14
Profit before tax16.8216.9121.3716.1811.278.839.148.32
Tax7.924.565.084.133.012.332.601.78
Net profit8.9012.3516.2912.058.266.506.546.54
EPS (₹)7.5510.6114.1710.487.016.036.076.07
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue478417417358271204212
Revenue growth+14.5%+0.0%+16.5%+32.1%+33.2%-4.1%-
EBITDA10486.3096.1781.5557.2150.8941.10
EBITDA margin+21.7%+20.7%+23.1%+22.8%+21.1%+25.0%+19.4%
Profit before tax63.1434.3753.7451.3332.9530.1221.90
Net profit46.6624.4340.7938.3324.6123.8418.31
Net profit margin+9.8%+5.9%+9.8%+10.7%+9.1%+11.7%+8.6%
EPS (₹)38.1322.7435.5434.7422.2121.6915.75
Balance sheet
Total assets594548502379304224184
Net worth35222920516713110885.15
Total debt23331028920316510987.89
Cash & bank7.611.920.762.739.540.730.66
Net working capital25923020014112278.9680.02
Cash flow
Cash from operations81.7662.9035.2660.3010.6338.9133.18
Cash from investing(53.20)(45.98)(93.00)(75.78)(54.68)(48.59)(26.25)
Cash from financing(28.52)(16.97)57.4917.7344.009.76(6.97)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12813013111799.91101109102
Revenue growth (YoY)+27.7%+28.4%+19.5%+15.5%-5.1%---
Other income0.195.653.205.568.054.940.264.20
Total expenses95.8210210193.0581.1581.9884.6783.45
EBITDA31.8127.5830.2124.2318.7619.1124.8218.06
EBITDA margin+24.9%+21.3%+23.1%+20.7%+18.8%+18.9%+22.7%+17.8%
Depreciation9.208.668.488.318.077.887.667.41
Interest6.148.465.285.357.497.227.188.11
Profit before tax16.6616.1119.6516.1311.258.9510.246.74
Tax7.894.524.994.112.962.282.571.75

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13213213712010187.29113106
Revenue growth (YoY)+31.5%+50.8%+21.8%+13.4%-7.5%---
Other income0.255.033.855.558.054.940.264.20
EBITDA31.9429.0531.3024.4018.8219.1223.9019.66
EBITDA margin+24.1%+22.1%+22.8%+20.3%+18.7%+21.9%+21.2%+18.5%
Depreciation9.208.668.488.318.077.887.667.40
Interest6.178.515.305.467.537.357.368.14
Profit before tax16.8216.9121.3716.1811.278.839.148.32
Tax7.924.565.084.133.012.332.601.78
Net profit8.9012.3516.2912.058.266.506.546.54
EPS (₹)7.5510.6114.1710.487.016.036.076.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue490415410358271204212
Revenue growth+18.0%+1.4%+14.3%+32.1%+33.2%-4.1%-
Other income22.489.925.759.133.884.120.52
Total expenses383330314277214153171
Employee cost51.7044.5940.0733.2127.3122.9822.84
EBITDA10785.0295.8881.6357.1451.0141.10
EBITDA margin+21.8%+20.5%+23.4%+22.8%+21.1%+25.1%+19.4%
Depreciation33.5229.9324.5518.7015.7016.4211.28
Interest29.9132.2123.6320.6612.408.488.45
Profit before tax65.7332.8053.4551.4032.9230.2321.89
Tax16.789.0314.0513.999.006.754.94
Net profit49.0622.7139.3837.3023.9623.4118.00
Net profit margin+10.0%+5.5%+9.6%+10.4%+8.8%+11.5%+8.5%
EPS (₹)40.0921.2235.1834.7222.1721.7915.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.2111.2011.2010.7810.7810.7810.78
Reserves & surplus34021519415712197.2574.35
Shareholders' funds (net worth)35222720516713110885.13
Minority interest0.000.000.000.000.000.000.00
Secured loans22028827819615495.5580.56
Unsecured loans16.0029.3210.327.569.5111.577.33
Total debt23631728920316310787.89
Total liabilities597553502379304224184
Assets
Gross block480428387292227175130
Net block342323304227178140108
Capital work in progress2.644.626.411.763.910.800.29
Investments1.401.400.000.000.000.000.00
Inventories14715312795.3056.7542.4541.47
Sundry debtors14612510784.4976.9255.1953.74
Cash & bank balances13.952.560.782.750.750.810.75
Loans & advances41.6022.8230.3015.4827.8022.2615.68
Total current assets349304265198162121112
Total current liabilities85.8668.5165.4656.5840.3241.5131.50
Net working capital26323520014112279.2080.14
Total assets597553502379304224184
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.680.091.300.640.810.750.70
Net cash from operating activities91.8556.2935.2960.0011.8138.9733.28
Net cash from investing activities(52.58)(45.97)(92.61)(75.78)(55.86)(48.59)(26.25)
Net cash from financing activities(33.52)(9.74)56.1117.7343.999.68(6.97)
Net change in cash5.750.58(1.21)1.95(0.07)0.060.05
Closing cash13.952.560.782.750.750.810.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.0%+1.4%+14.3%+32.1%+33.2%-4.1%-
EBITDA growth+25.5%-11.3%+17.5%+42.9%+12.0%+24.1%-
PBT growth+100.4%-38.6%+4.0%+56.1%+8.9%+38.1%+26.2%
Net income growth+116.0%-42.3%+5.6%+55.7%+2.4%+30.1%-
Revenue CAGR (3Y)+11.0%+15.2%+26.2%+19.0%+12.6%--
EBITDA CAGR (3Y)+9.3%+14.2%+23.4%+25.7%+23.0%--
Profitability & leverage
Net income margin+10.0%+5.7%+9.6%+10.4%+8.8%+11.5%+8.0%
Return on capital employed+16.6%+12.3%+17.5%+21.1%+17.2%+19.0%+17.7%
Return on net worth+16.9%+11.0%+21.2%+25.1%+20.0%+24.3%+22.4%
Debt / equity0.951.401.321.231.131.011.14
Long-term debt / equity0.280.480.530.530.510.430.41
Interest cover40.8858.4733.1332.8329.9224.5228.34
Efficiency & per share
Fixed asset turnover1.081.021.201.381.351.341.81
Inventory turnover3.262.963.694.715.474.855.48
Debtors turnover3.613.574.274.444.113.744.06
EPS (₹)40.0921.2235.1834.7222.1721.7915.74
Dividend per share (₹)1.500.001.501.501.001.001.00
Book value per share (₹)288.58202.32182.85155.34121.88100.2078.96
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12813013111799.91101109102
Revenue growth (YoY)+27.7%+28.4%+19.5%+15.5%-5.1%---
Other income0.195.653.205.568.054.940.264.20
Total expenses95.8210210193.0581.1581.9884.6783.45
EBITDA31.8127.5830.2124.2318.7619.1124.8218.06
EBITDA margin+24.9%+21.3%+23.1%+20.7%+18.8%+18.9%+22.7%+17.8%
Depreciation9.208.668.488.318.077.887.667.41
Interest6.148.465.285.357.497.227.188.11
Profit before tax16.6616.1119.6516.1311.258.9510.246.74
Tax7.894.524.994.112.962.282.571.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue478417417358271204212
Revenue growth+14.5%+0.0%+16.5%+32.1%+33.2%-4.1%-
Other income22.469.925.759.133.834.120.52
Total expenses374331321277214153171
Employee cost50.5643.5239.4832.7326.7122.5522.64
EBITDA10486.3096.1781.5557.2150.8941.10
EBITDA margin+21.7%+20.7%+23.1%+22.8%+21.1%+25.0%+19.4%
Depreciation33.5129.9324.5518.6915.7016.4211.28
Interest29.6931.9223.6320.6612.398.478.44
Profit before tax63.1434.3753.7451.3332.9530.1221.90
Tax16.588.9013.9313.889.006.754.93
Net profit46.6624.4340.7938.3324.6123.8418.31
Net profit margin+9.8%+5.9%+9.8%+10.7%+9.1%+11.7%+8.6%
EPS (₹)38.1322.7435.5434.7422.2121.6915.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.2111.2011.2010.7810.7810.7810.78
Reserves & surplus34021819415712197.1574.37
Shareholders' funds (net worth)35222920516713110885.15
Secured loans21728027819615495.5580.56
Unsecured loans16.0029.3310.327.5611.0813.897.33
Total debt23331028920316510987.89
Total liabilities594548502379304224184
Assets
Gross block481428387292227175130
Net block342323304227178140108
Capital work in progress2.634.626.411.763.910.800.29
Investments2.381.770.370.140.000.000.00
Inventories13813311995.2756.7542.4541.47
Sundry debtors15314011584.4976.9255.1953.74
Cash & bank balances7.611.920.762.739.540.730.66
Loans & advances41.6022.6030.2415.4518.9022.1415.63
Total current assets340298265198162121112
Total current liabilities80.8468.4065.2956.6440.3641.5531.48
Net working capital25923020014112278.9680.02
Total assets594548502379304224184
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.040.070.320.310.620.660.70
Net cash from operating activities81.7662.9035.2660.3010.6338.9133.18
Net cash from investing activities(53.20)(45.98)(93.00)(75.78)(54.68)(48.59)(26.25)
Net cash from financing activities(28.52)(16.97)57.4917.7344.009.76(6.97)
Net change in cash0.04(0.05)(0.25)2.25(0.05)0.08(0.04)
Closing cash7.611.920.762.739.540.730.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.5%+0.0%+16.5%+32.1%+33.2%-4.1%-
EBITDA growth+20.4%-10.3%+17.9%+42.6%+12.4%+23.8%-
PBT growth+83.7%-36.0%+4.7%+55.8%+9.4%+37.5%+26.3%
Net income growth+91.0%-40.1%+6.4%+55.8%+3.2%+30.2%-
Revenue CAGR (3Y)+10.1%+15.5%+27.0%+19.0%+12.6%+14.2%+22.3%
EBITDA CAGR (3Y)+8.4%+14.7%+23.6%+25.7%+23.1%+39.6%+40.2%
Profitability & leverage
Net income margin+9.8%+6.1%+9.5%+10.5%+8.8%+11.5%+8.0%
Return on capital employed+16.3%+12.6%+17.6%+21.1%+17.2%+18.9%+17.7%
Return on net worth+16.0%+11.7%+21.4%+25.1%+20.0%+24.2%+22.4%
Debt / equity0.931.381.321.231.151.021.14
Long-term debt / equity0.280.470.530.530.530.440.41
Interest cover42.1956.6332.9932.8729.8524.5728.30
Efficiency & per share
Fixed asset turnover1.051.021.231.381.351.341.81
Inventory turnover3.533.313.904.715.474.855.48
Debtors turnover3.253.274.184.444.113.744.06
EPS (₹)38.1322.7435.5434.7422.2121.6915.75
Dividend per share (₹)1.500.001.501.501.001.001.00
Book value per share (₹)288.39204.25183.26155.34121.88100.1178.98

Competitors of RACL Geartech

RACL Geartech has 2 listed competitors in our database, 1 of them funded. They include Happy Forgings and Kinetic Engineering.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happyforgingsltd.com1973Ludhiana, India$27.12M19
Drive transmission components are manufactured and supplied.
kineticindia.com1972Pune, India591
Gears, shafts, transmission assemblies, and auto components are manufactured.
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Web traffic of RACL Geartech

The website of RACL Geartech (raclgeartech.com) receives about 3.6K visits a month.

  • Monthly visits
    3.6K

    ▲ 13.1% vs previous month

Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as RACL Geartech (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles
1994Mumbai, Maharashtra, IndiaUSD 137.89 MUSD 24.41 B33,980
Lithium-ion batteries for electric vehicles are manufactured across categories.
2006Gurugram, Haryana, IndiaUSD 34.18 M177
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Frequently Asked Questions about RACL Geartech

RACL Geartech was founded in 1989.

RACL Geartech is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Gursharan Singh is the CEO of RACL Geartech, as recorded in our data.

RACL Geartech has 833 employees.

The primary company behind RACL Geartech, Racl Geartech Limited, reported revenue of ₹512 Cr for FY 2026, up 18% year on year.

RACL Geartech is a manufacturer and supplier of gear components to tier 1, tier 2, OEMs and aftermarket. Manufactures transmission gears, shafts, reduction gears, trains, CVT gearboxes, engine timing gears, sub-assemblies, sprockets ratchets, precision machined parts, synchronizing cones, rings, and industrial gears for motorcycles, scooters, 3 and 4 wheeler passenger vehicle, cargo vehicles, agricultural machinery, tractors, ATV, light and heavy commercial vehicles. Clientele includes Piaggio, Yamaha, BMW, KTM, DANA.

RACL Geartech's top competitors include Happy Forgings and Kinetic Engineering.

Yes, RACL Geartech is publicly traded on NSE under the ticker symbol RACLGEAR.

RACL Geartech operates through Racl Geartech Limited.

The legal entities of RACL Geartech currently have 10 directors, including Gursharan Singh, Anil Sharma, Narinder Paul Kaur and others.

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