Divgi TorqTransfer Systems Limited share price

NSE: DIVGIITTS · ISIN INE753U01022

Key numbers

Market cap
₹ 3,531 Cr
Current price
₹ 1,154.60
52-week high / low
₹ 1,330 / 574
Stock P/E
55.8
Book value
₹ 207.7
Dividend yield
0.28%
ROCE
10.2%
ROE
7.6%
Debt to equity
0.00
Sales growth (3 yrs)
9.7%
Profit growth (3 yrs)
-2.8%
1-year return
73.5%

About Divgi TorqTransfer Systems Limited

Divgi TorqTransfer Systems Limited engages in the manufacture and sale of transfer cases, automatic locking hubs, and synchronizers and components to automotive original equipment manufacturers and other customers. The company offers 4WD transfer cases, including mechanical shift, electrical shift-on-the-Fly, torque on demand, and dual-offset transfer cases; NexTrac Interactive Torque Coupler that senses the torque requirement and transfers the necessary torque to the rear wheels; manual, dual clutch, and electric vehicle transmission components; single, dual, and triple cone synchronizers; and transmission gears, clutch body rings, shafts, and electric vehicle transmission components. It serves customers in the automotive industry, including passenger vehicles, utility vehicles, commercial vehicles, and agricultural machinery. It operates in India, the United States, China, Mexico, the United Kingdom, Germany, Sweden, Thailand, South Korea, and internationally. The company was incorporated in 1964 and is based in Pune, India. Divgi TorqTransfer Systems Limited is a subsidiary of Divgi Holdings Private Limited.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales728391108137
Operating profit1417182237
Net profit911121525
EPS (₹)2.923.513.855.068.25

Concall summary (2026-08-18)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • And we expect further momentum through FY '27, including incremental volumes from the pickup truck program, new platforms, and facelift programs.
  • With the visibility we currently have across existing programs and upcoming platforms, we remain confident in sustaining this growth momentum in the coming quarters.

Growth & demand

  • So, this represents an 85% year-on- year growth and a 25% sequential growth over Q4 FY '26.
  • The transfer case business delivered strong growth during the quarter, supported by higher volumes from key OEM customers and sustained demand across upgraded platforms.

Margins & costs

  • Gross profit margin stood at 62.5%, broadly stable compared to 62.9% in Q1 of FY '26.
  • EBITDA margin improved to 29.4% compared to 24.9% in Q1 of FY '26 and 24.5% in Q4 of FY '26, supported by a favourable product mix, higher contributions from exports, and better margins from the 4x4 products.

Capex & expansion

  • First, to support our key OEM customers in their global expansion.
  • At the same time, we are building opportunities for the next phase of growth through new platforms, export opportunities, and expansion into adjacent transmission products.

Balance sheet & cash

  • What is particularly encouraging is that this growth has been accompanied by a significant improvement in operating leverage and profitability.
  • This performance is driven by a favorable product mix, increasing contribution from exports, and the operating leverage that comes from just a higher scale of business.

Peers in Auto Parts

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