Amalgamations Repco Ltd
Chennai clutch maker of the Amalgamations (TAFE / Simpson) group, set up in 1967 with Repco of Australia and supplying tractor and commercial-vehicle OEMs.
Market cap
₹59.66 Cr
0.09 Cr shares
P/E ratio
11.47
Sector average 28
Book value
₹590.81
P/B 1.07
1-year return
+0.00%
52w ₹630 – ₹630
Currently 0% of the way through its 52-week range.
Indicative price history
1Y change
+0.00% ₹630 → ₹630
52-week band in this window: ₹630.00 – ₹630.00. Weekly indicative marks, not exchange-traded prices.
Key highlights
- Incorporated 1967 with Repco (Australia); production of clutch assemblies since 1970.
- FY25 revenue about ₹198 Cr on 9.47 lakh shares of ₹10.
- Part of the Chennai Amalgamations Group; TAFE is the anchor customer.
About Amalgamations Repco
Amalgamations Repco Limited is a Chennai-based manufacturer of clutch assemblies, clutch covers, driven plates and related components for tractors, commercial vehicles and off-highway equipment. It was incorporated on 15 December 1967 in technical and financial collaboration with Repco Limited of Australia and began commercial production in 1970.
The company belongs to the Amalgamations Group (Simpson & Co, TAFE, India Pistons, Addison), one of South India's oldest engineering conglomerates, and its board is chaired by the group's Anantharamakrishnan family. Tractor OEMs, led by group company TAFE, are the anchor customers, with aftermarket and export sales in addition.
Revenue for FY25 was about ₹198 Cr on a tiny equity base of ₹0.95 Cr (9.47 lakh shares of ₹10), which is why the dealer quote of ₹630 a share still values the whole company at roughly ₹60 Cr. Dealer summaries describe a conservative capital structure with manageable leverage, improving current ratio and a modest but rising return on equity.
Figures preliminary; verify from MCA filings. Financial line items on this page are compiled from dealer summaries and registry snapshots; where a year is not disclosed, minimal estimates are shown and marked preliminary.
Where the revenue comes from
- Clutch assemblies & components (OEM)80%
Tractor and CV clutch covers, driven plates
- Aftermarket & exports20%
Replacement market and overseas customers
Products & services
Clutch assemblies
Clutch cover assemblies and driven plates for tractors and commercial vehicles.
Clutch components
Pressure plates, diaphragm springs and sub-assemblies for OEM and aftermarket.
What works
- • Fifty-year OEM relationship with TAFE and other tractor makers through the Amalgamations Group.
- • Very small share count (9.47 lakh) gives high revenue per share and low dilution risk.
- • Conservative balance sheet with manageable debt per dealer-published ratios.
What to watch
- • Profitability is thin relative to ₹198 Cr of sales; margins depend on tractor demand cycles and steel prices.
- • Group-captive customer base concentrates revenue on TAFE.
- • Extremely illiquid: a handful of shares trade in a year and the ₹630 quote is indicative only.
- • Figures preliminary; verify from MCA filings.
Compare with peers
| Company | Price | Market cap | P/E | P/B | Rev CAGR |
|---|---|---|---|---|---|
| Amalgamations RepcoThis page | ₹630.00 | ₹59.66 Cr | 11.47 | 1.07 | +6.07% |
| Axles India | ₹458.00 | ₹732.8 Cr | 12.21 | 1.83 | -1.94% |
| Elofic | ₹3,150.00 | ₹787.5 Cr | 16.41 | 2.96 | +8.01% |
Latest reported year: FY25 ending 31 Mar 2025.