Toyota Kirloskar Auto Parts Pvt Ltd
About
Toyota Kirloskar Auto Parts Private Limited (TKAP) was established in May 2004 as a powertrain manufacturing ancillary of Japanese automotive manufacturer Toyota. The company was formed as a joint venture between Toyota Motor Corporation, Kirloskar Systems Limited, and Aisin Corporation. Its objective is to produce manual transmission units, chassis-mounted drive train units, and hybrid transmissions. Some of the products that are widely used in Toyota’s MUVs, SUVs, and pickup trucks include the front-wheel drive hybrid transaxle, 5-speed rear-wheel drive manual transmission, and the rear-wheel drive axle and propeller shaft. TKAP’s 60-acre manufacturing facility is situated in Bidadi in Karnataka to source, manufacture, and supply powertrain solutions globally. The company has produced more than 4.85 million units with a workforce of over 1500 people.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2520 25.4% | 2010 85.3% | 1085 47.3% | 736 -34.7% | 1128 -24.9% | 1503 2.6% | 1465 4.0% | 1408 16.8% | 1206 -13.3% | 1390 -7.3% | 1500 26.0% | 1190 60.0% | 744 5.9% | 702 23.2% | 570 - |
| Net Operating Income (INR Cr) | 2477 28.43% | 1929 80.94% | 1066 50.34% | 709 -35.53% | 1100 -23.84% | 1444 0.65% | 1435 4.49% | 1373 19.31% | 1151 -14.48% | 1346 -8.66% | 1473 25.25% | 1176 62.54% | 724 6.15% | 682 23.11% | 554 0.00% |
| Profit (INR Cr) | 175 49.9% | 116 3.6% | 112 178.8% | 40 32.6% | 30 -64.0% | 85 7.9% | 78 - | -10 - | 33 -8.8% | 36 -4.5% | 38 16.8% | 33 34.7% | 24 -50.8% | 49 27.8% | 39 - |
| Assets (INR Cr) | 1107 7.3% | 1032 4.2% | 991 12.7% | 880 52.8% | 576 -25.4% | 772 -0.8% | 778 4.5% | 744 -35.4% | 1152 7.0% | 1077 17.9% | 913 -0.3% | 916 9.9% | 833 101.3% | 414 13.5% | 364 - |
| Net Worth (INR Cr) | 756 8.2% | 699 4.6% | 668 16.0% | 576 4.9% | 549 -11.7% | 622 -1.7% | 632 13.5% | 557 -2.4% | 571 13.8% | 502 2.9% | 488 5.9% | 461 5.3% | 438 5.9% | 413 13.6% | 364 0.0% |
| Employee Cost (INR Cr) | 182 13.7% | 160 23.6% | 130 -9.0% | 143 -11.3% | 161 5.9% | 152 -1.8% | 154 0.1% | 154 25.5% | 123 1.6% | 121 - | 0 - | 0 - | 0 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 6 | 36 | 12 | 0 | 4 | 11 | 11 | 23 | 36 | 29 | 0 | 0 | 0 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 413 | 258 | 313 | 334 | 270 | 360 | 270 | 163 | 333 | 320 | 257 | 106 | 274 | 256 | 182 |
| Total Debt (INR Cr) | 339 | 325 | 300 | 262 | 0 | 124 | 117 | 181 | 544 | 514 | 385 | 442 | 385 | 1 | 1 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.9% | 5.8% | 10.4% | 5.5% | 2.7% | 5.6% | 5.4% | - | 2.8% | 2.6% | 2.6% | 2.8% | 3.3% | 7.0% | 6.8% |
| Profit As % Of Assets | 15.8% | 11.3% | 11.4% | 4.6% | 5.3% | 11.0% | 10.1% | - | 2.9% | 3.4% | 4.2% | 3.6% | 2.9% | 11.9% | 10.6% |
| Profit As % Of Networth | 23.1% | 16.7% | 16.8% | 7.0% | 5.5% | 13.6% | 12.4% | - | 5.8% | 7.3% | 7.8% | 7.1% | 5.6% | 11.9% | 10.6% |
| Interest Cost to EBITDA % | 2.0% | 14.3% | 6.6% | 0.5% | 4.1% | 6.0% | 5.8% | 31.7% | 28.6% | 19.4% | - | - | - | - | - |
| Debt to Equity Ratio | 0.45 | 0.47 | 0.45 | 0.45 | - | 0.20 | 0.18 | 0.33 | 0.95 | 1.02 | 0.79 | 0.96 | 0.88 | 0.00 | 0.00 |
| RONW | 24.0% | 17.0% | 18.1% | 7.2% | 5.2% | 13.5% | 13.2% | - | 6.2% | 6.9% | 8.1% | 7.3% | 5.7% | 12.7% | 10.6% |
| ROCE | 22.6% | 18.7% | 17.7% | 7.6% | 9.9% | 18.3% | 17.1% | 1.6% | 7.6% | 9.2% | 6.8% | 5.5% | 5.3% | 19.5% | 16.3% |