Search+Intelligent InvestingRepresentational image.SynopsisThe market may see this as another diversified auto component manufacturer. The deeper story is one of capital reallocation. The group is consolidating similar operations, exiting weaker joint ventures, acquiring a larger manufacturing business and placing a measured bet on electric mobility. Yet the electric business produced only Rs. 20 crore. The next phase must prove that scale can improve cash flow, margins, and return on capital employed.At a time of transformation of the sector, success or failure of a company depends on many factors. Right from moving out of things which don't matter to core business to the ability of the management to plain speak.Here is a company that grew profit by 40% last year. Impressive number. Now here is where part of it came from: It sold a plot of land. The property sat in the books at about Rs. 27 crore. It went for Rs. 61 crore. The Rs 34 crore ETMarkets.com 31 mins read, Last Updated: Jul 20, 2026, 01:11:00 PM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership