Profile: Automotive Stampings and Assemblies Ltd (ASAS.NS)

Automotive Stampings and Assemblies Limited is engaged in manufacturing of sheet metal stampings, welded assemblies and modules for the automotive industry. The product categories include structural panels and skin panels for the vehicle body, modules and aggregates including chassis sub-assemblies and oil sumps and fuel tanks. Its products mainly cater to passenger and commercial vehicles. The Company also manufactures sheet metal components for tractors. The Company has four plants located at Bhosari (Maharashtra), Chakan (Maharashtra), Halol (Gujarat) and Pantnagar (Uttarakhand). The Company’s sales are primarily to domestic automobile component segment. The Company’s clients include Tata Motors Limited, General Motors India Private Limited, Fiat India Automobiles Limited, Piaggio Vehicles Private Limited and John Deere Equipment Private Limited. It also exports its products to Ford Motor Company Limited.