Sona BLW Precision Forgings Limited
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Sona BLW Precision Forgings Limited - overview
Established
2020
Location
Gurgaon, -, India
Primary Industry
Automobiles, Other Vehicles & Parts
About
Sona BLW Precision Forgings Limited, based in Gurugram, India, specializes in manufacturing high-precision automotive components, focusing on electric and non-electric powertrain systems for global original equipment manufacturers (OEMs). Founded in 2020 and headquartered in Gurugram, India, Sona BLW Precision Forgings Limited focuses on the design and supply of precision automotive components. The company was acquired in March 2023 by GIC and Abu Dhabi Investment Authority from Blackstone Group for INR 49170 million. Vivek Singh serves as the CEO, bringing a wealth of experience to the firm.
Sona Comstar specializes in the design, manufacturing, and supply of high-precision automotive components, notably in the fields of electric and non-electric powertrain systems. Their core offerings include advanced precision forging technology, essential for producing mission-critical components of high performance and quality. The company delivers products to both the electric vehicle (EV) market and traditional vehicle segments, with operations extending across key markets such as India, the United States, Mexico, and China. In the fiscal year 2022, Sona Comstar generated revenue of INR 286024935.
7, with an EBITDA of INR 79486080. 5. The company operates a structured business model focused on direct sales to OEMs and collaborations within the automotive supply chain, ensuring reliable revenue streams from its flagship products. The recent acquisition on March 14, 2023, will facilitate Sona Comstar's growth strategy, which includes the development of new products tailored to evolving market demands.
The company aims to expand its operations into additional geographic regions, specifically targeting markets in Europe and Southeast Asia by 2025. Funding from the latest Trade Sale will support these initiatives, enhancing product innovation and market reach.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.sonacomstar.com
Verticals
Electric & Hybrid Vehicles, Manufacturing
Total Amount Raised
Subscriber access only
Sona BLW Precision Forgings Limited - timeline of key events
Sona BLW Precision Forgings Limited - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 24,013,803,774 | 6,992,200,000 | - | - | - |
| % Revenue Growth (YoY) | - | (70.9%) | - | - | - |
| EBITDA (USD) | 2,702,882,125 | 2,458,940,000 | - | - | - |
| Operating Income (USD) | 1,920,088,431 | 1,628,580,000 | - | - | - |
| Operating Margin | 8.0% | 23.3% | - | - | - |
| % EBITDA Margin | 11.3% | 35.2% | - | - | - |
| NET Income (USD) | 717,415,392 | 1,718,500,000 | - | - | - |
| % Net Margin | 3.0% | 24.6% | - | - | - |
Sona BLW Precision Forgings Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, LP Direct | Completed | Escorts Kubota Limited's Railway Equipment Business Division | - | ||||||||
| Trade Sale | Completed | Sona BLW Precision Forgings Limited | - | ||||||||
| Trade Sale | Completed | Sona BLW Precision Forgings Limited | - | ||||||||
| IPO | Completed | Sona BLW Precision Forgings Limited | - | ||||||||
| Merger | Completed | Comstar Automotive Technologies Pvt Ltd , Sona Group | - |
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Sona BLW Precision Forgings Limited - employee data
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