Anand Automotive Limited

Company Profile

■URL

http://www.anandgroupindia.com/

■Address

1 Sri Aurobindo Marg, Hauz Khas, New Delhi – 110016, India

Business Overview

-The Group is a leading manufacturer of automotive components and systems in India, supplying products to major vehicle and engine manufacturers. Its main activities are chassis, emission control, powertrain, safety, e-drive, and thermal management.

-The Group has 21 global alliances and spread across 60 locations. The Group has 13 joint ventures and 5 technical collaborations.

Shareholders

Gabriel India

-Listed on National Stock Exchange of India and Bombay Stock Exchange. (As of March 31, 2023)
Category Shareholding Ratio (%)
Indian Promoters 55.0
Resident Individuals 25.9
Mutual Funds & Trusts 9.5
FIIs & NRIS 4.1
Domestic Companies 2.4
Others 3.1
Total 100.0

Products

-The ANAND Group of companies offer products in following segments

  • Chassis
  • Emission Control
  • Powertrain
  • Safety
  • Thermal Management

-The Major product line for Group companies are as below:

ANAND CY Myutec Automotive

  • Brass synchroniser rings
  • Steel synchroniser rings

ANAND I-Power

  • Piston rings
  • Pressure plates
  • Groove insert / Alfin insert
  • Casting parts

CY Myutec ANAND

  • Carbon coated synchronizer rings
  • Forged brass synchronizer rings

Faurecia Clean Mobility

  • Acoustics valve
  • Ammonia storage and delivery system
  • Catalytic converters
  • Particulate filters
  • Exhaust heat power generation (EHPG)
  • Exhaust heat recovery system
  • SCR
  • Sillencers
  • Mufflers

Gabriel India

  • Axle dampers
  • Cabin dampers
  • Canister shock absorber
  • Dampers for buses
  • E-assist adjustable shock absorbers
  • E-assist adjustable damping front fork
  • Front fork
  • Mono shox
  • Rear shock absorber
  • Seat dampers
  • Shock absorbers
  • Strut assembly

Haldex India

  • Air disc brake
  • Electric and pneumatic Brake
  • EBS
  • EGP leveling valve
  • Manual brake adjusters
  • Self adjusting brake adjusters
  • Universal ABS

Henkel ANAND

  • Anti vibration pads
  • Adhesives
  • High damping foams
  • Pillar filler
  • Reinforcement structual pads
  • Stiffening foams
  • Sealants and coatings

Joyson ANAND Abhishek Safety Systems

  • Air bags
  • Crash sensors
  • Child restraint systems
  • Electrical control unit
  • Seat belts
  • Steering wheels

MAHLE ANAND Filter Systems

  • Air cleaner module
  • Air intake manifolds
  • Cabin air filters
  • Carbon canisters
  • Cylinder head covers
  • Fuel filter
  • Fuel modules
  • Oil filter / modules
  • Oil mist separators

MAHLE ANAND Thermal Systems

  • Battery cooling box
  • Battery cooling plate
  • Blower system
  • Chiller unit
  • Engine cooling module
  • EGR
  • HVAC system
  • ICAC
  • Visco Clutch

HL Mando ANAND India

  • ABS brakes
  • Damper spring module
  • Drive assist system
  • Drum brakes
  • Caliper brakes
  • Electric power steering system
  • Electric parking brake
  • Integrated dynamic brake
  • Intermediate shaft
  • Master cylinder and booster
  • Shock absorbers
  • Smart damping control
  • Steering gear box
  • Rack and pinion assembly

Dana Anand India

  • Driveshaft component
  • Drivetrain component
  • Propeller shaft
  • Rear axle
  • Front axle
  • E-axle for electric and hybrid vehicles

Valeo Friction Materials India

  • Brake friction material
  • Clutch friction material
  • Paver Clutch Fibre plate
  • Friction Washer

Anand Mando E-Mobility

  • Hub Motor
  • Controller
  • Centre Motor

History

1961 Gabriel India (the Group's flagship company) was founded in Mumbai for the manufacture of shock absorbers.
1962 The manufacturing operations of Victor Gaskets India commenced in Mumbai.
1972 Victor Gaskets India's Mumbai facility was relocated to Nashik
1992 Chang Yun India Limited was established in collaboration with CY Myutec, Korea (earlier Chang Yun of Korea) for manufacture of synchronizer rings for the automotive industry.
1993 Spicer India Limited was established for the manufacture of axles, driveshafts and universal joints.
1995 Ansysco was established. Ansysco is located in Parwanoo. The Company manufactures Radiator Coolant, PVC Adhesive, Waxes, Coolant Reservoir bottle and Direct Glazing Adhesive cartridges.
1997 Henkel Teroson India Limited was established at Gurgaon (Haryana) in collaboration with Henkel Teroson GmbH, a wholly-owned subsidiary of Henkel KGaA, Germany. The Company manufactures adhesives, automotive sealants, radiator coolants, coatings and a NVH range of products.
1997 EMCON Technologies India Private Limited was established. EMCON manufactures Exhaust Muffler assemblies, Catalytic converters, Instrument Panel Reinforcement assemblies (IPRT) and Door Side Impact Beams (SIB). The Company is a joint venture between Anand and Emcon Technologies, USA.
1997 Mando Brake Systems India Limited, located at Chennai, was established in collaboration with Mando Machinery Corporation, Korea.
1997 Valeo Friction Materials India Limited was established. Valeo Friction is a joint venture between Anand Automotive Systems and Valeo of France for the manufacture of non-asbestos, solvent and lead-free clutch facings with the latest Valeo Technology.
Dec. 1997 Behr India Limited established for the manufacture of automotive air conditioning systems near Pune. The Company is a joint venture between Anand Automotive Systems and Behr of Germany.
1998 Victor Gaskets India's Mumbai facility was relocated to Chakan, near Pune.
1998 Haldex India Limited was established. It manufactures manual and automatic slack adjusters for air brakes of commercial vehicles. The Company has a collaboration with Haldex AB of Sweden
2005 Mahle Filter Systems India was formed as a result of the merger of the operations of Purolator India and Mahle Filter Systems India. It is a joint venture between Anand Automotive Systems and the Mahle Group.
Jan. 2009 Takata India Private Limited was established as a joint venture with Joyson Safety Systems.
Oct. 2012 The Group acquired a 26% stake in Mando India Steering Systems Private Limited
Feb. 2013 The Group and Mando agreed to merge its two joint ventures, Mando Steering Systems India Limited and Mando India Limited to form Mando Automotive India Limited
Mar. 2015 Converted the Company's sealing and piston ring businesses into joint venture operations with Federal-Mogul. The new joint ventures are Federal-Mogul Anand Sealings India Limited and Anand I-Power Limited.
Jan. 2017 Ansysco Anand and SEIKEN CHEMICAL INDUSTRY CO.,LTD., Japan  announced a TAA for  Coolant and Brake Fluids
Mar. 2017 Gabriel India signed a TAA with TORRE for shock absorbers, MacPherson struts, strut cartridges
Feb. 2020 Anand Group announced partnership with MAZARO, Belgium for clean mobility and FAR-UK for carbon fiber composites.
Jul. 2021 Set up joint venture with Mando Corporation called ANAND Mando eMobility
Oct. 2021 conducted plant inauguration ceremony at Bhiwadi, Rajasthan
May 2023 Set up joint venture with Inalfa Roof Systems, Netherlands called Inalfa Gabriel Sunroof Systems Pvt. Ltd.
Jul. 2023 Established a new company "ANEVOLVE HEADSPRING" with Headspring.
Inaugurated the new technology center i.e., Anevolve Headspring Engineering Centre (ANHS) in Gurugram.

Supplemental Information 1