The 5-year analysis of Autolite (India) Ltd's performance infers:
We analysed the performance of Autolite (India) Ltd share prices over the last 10 years. Here is what we found out:
Autolite India was established in the year 1970. Its plants are located in Sitapur and Vishwakarma Industrial Area, Rajasthan. The company set up a wholly-owned subsidiary in the US at Delaware, Texas, called Autopal.
The company was formed with the objective to design, manufacture and market automotive lighting products globally.
The company is amongst few in the world, which has installed Computerized Photometry Testing Equipments (LMT), CNC, CAD, CAM design and tool
The company is amongst few in the world, which has installed Computerized Photometry Testing Equipments (LMT), CNC, CAD, CAM design and tool manufacturing facilities Catia and Pro-E Softwares. Its testing laboratory is recognized by Govt. of India and equipped with all the facilities to test all the products as per SAE, ECE, ARAI standards.
More than 70% business volume comes from the overseas market spread across more than 70 countries in America, Europe, Asia and Africa. The company caters to major OEMs in India and has received most preferred status in the Indian market.
The company has been following international quality management systems since its inception, accredited with ISO-9001: 2000 and now the company has been recommended for TS 16949 to IATF. The quality of the products have further been upgraded in line with the world class quality parameters and thrust is to achieve â€˜0â€™ p.p.m. level.
Product range offered:
The current product range includes:
History of the company:
1970 - Year of establishment.
1974 - Establishment of In-house R&D.
1977 - First time export of auto headlamps from India.
1982 - Converted Into a public limited company.
1989 - Set up a 100% export oriented unit.
1992 - Development of halogen lamp manufacturing machinery.
1995 - Conferred IS0 9002 system certification.
1995-96 - Recognition of R&D laboratory by government of India.
1996 - Installed most modern CNC, CAD, CAM, CAE product designing and tool manufacturing facilities.
1997 - Testing laboratory recognised by TUV Germany.
1997-98- Development of rear cornering lamp with free form technology for the first time in India for General Motors USA's GMX-130 Pontiac car , For this, the company received the ACMA technology award.
1998 - Conferred QS-9000.
1999 - Installed Catia Froe Software at its designing centre.
2001 - Development of in-house technology for manufacturing multi-surface reflector lights (MSR).
2010 - Autolite India recognized as Star Export House Status by Ministry of Commerce & Industry Govt. of India.
2012 - All main production units accredited for E1 Compliant Production by TUV
Awards & Certification:
The company has received more than 40 awards in recognition of its outstanding performance in various areas of operation. Some of which are listed here: