RACL Geartech achieved its highest-ever consolidated revenue of ₹512.42 crore in FY 2025-26, showing strong double-digit growth. The company also secured new nominations from global OEMs like Kawasaki, Royal Enfield, and ZF, enhancing future revenue visibility.
RACL Geartech Achieves Record Revenue of ₹512 Crore in FY26
Consolidated Revenue: ₹512.42 Crore Standalone Revenue: ₹500.22 Crore Reader Takeaway: Record revenue and new OEM orders signal strong growth, but planned capex needs careful debt management. ## What just happened RACL Geartech Ltd reported its highest-ever consolidated revenue of ₹512.42 crore for the fiscal year 2025-26, marking robust double-digit year-on-year growth. Standalone revenue reached ₹500.22 crore, with consolidated EBITDA at ₹129.16 crore. ## Why this matters The strong financial performance and new business wins from global original equipment manufacturers (OEMs) like Kawasaki, Royal Enfield, and ZF provide significant revenue visibility for future growth, especially in emerging sectors like EV components. ## The backstory RACL Geartech has been focusing on expanding its product portfolio and customer base. Recent project wins like 'Project Titan' and 'Project Venus' highlight the company's strategic move into new manufacturing facilities and EV components. ## What changes now The company has secured nominations for 15 new parts from Kawasaki, engine gears from Royal Enfield, and commercial truck steering components from ZF for the North American market. A nomination for ATV shift drums from BRP Canada is set to begin mass production in Q2 FY 2026-27. ## Risks to watch The company plans a capital expenditure of ₹77.45 crore for FY 2026-27, to be funded by new bank debt. Investors will need to monitor the company's debt levels and the successful execution of its expansion plans. ## Peer comparison While specific peer revenue figures for FY26 are not detailed here, RACL Geartech's reported growth and diversification against major global OEMs suggest a competitive position in the auto component sector. ## Context metrics (time-bound) Consolidated Revenue for Q4 FY 2025-26 was ₹136.69 crore. Total debt stood at ₹221.82 crore as of FY 2025-26. ## What to track next Investors should closely watch the commencement of commercial production for new nominations, the progress of 'Project Venus' for EV components, and the company's debt management strategy following planned capex.
