Company Financial Rusult In Crore

PERIOD	ASSET	REVENUE	PROFIT
31-Mar-2024	352.00	621.46	44.88
31-Mar-2023	250.57	489.36	30.93
31-Mar-2022	197.82	297.88	12.17

About The Company

Kross Limited, formerly known as Kross Manufacturers (India) Private Limited, established in 1991, manufactures and supplies trailer axles and suspensions and a wide range of high-performance forged and precision machined safety critical parts for medium and heavy-duty commercial vehicles (M&HCV) and agricultural equipment.

Kross Limited has five ISO 9001:2015 certified manufacturing facilities in Jamshedpur, Jharkhand, with the capacity to manufacture forgings weighing up to 40 kg. The production facilities are equipped with (i) forging presses and upsetting lines with induction heating for billets, (ii) a foundry with a high-pressure moulding line, (iii) high precision machining machines like turning centers, vertical and horizontal milling centres, Grinding, broaching, hobbing and shaping machines as well as robot welding systems, (iv) an in-house cathodic electro dip painting system (CED system), powder coating and spray painting and (v) heat treatment furnaces and induction hardening systems.
 

Kross Limited - Strength and Weakness

Strength

• Kross Ltd has longstanding relationships with large OEMs and their tier-one suppliers, domestic dealers and fabricators for the trailer axle and suspension business. These relationships are complemented by a diversified network of dealers for their trailer axle and suspension assembly business.
• They have experienced robust growth in the past 3 years, allowing them to be recognised as a major player in the field of trailer axle and suspension manufacturing in India.
• They are a diversified player manufacturing a wide range of forging and machined precision components and assemblies. Higher diversity allows them to access and experiment with multiple markets and reduce their long-term risks.

Weakness

The company top five customers contributed more than 68% of revenue in the previous three fiscals. The loss of a major customer or reduction in demand from them may adversely affect the business.

All of their five manufacturing facilities are situated at Jamshedpur, Jharkhand. Any issues in the region can disrupt the supply chain of the company entirely.

 

 

 

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