ET Prime Special Series: Multibagger or IBC - Part 37: How this auto ancillary is fastening its seatbelt for the EV race

This deep dive follows an auto ancillary company that scaled steadily in its core segment over decades, then began recalibrating as electric mobility started changing procurement priorities for OEMs. The core revenue pool remains primarily OEM-driven, with close to 90% coming from them, and a diversified end-user base. Since 2020, the company has expanded into EV-oriented areas. The piece unpacks how the company is building capability, where the near-term demand sits, and what could shape its next leg. This series on auto ancillary companies works with the assumption that, from the whole set of auto ancillary companies, some multibagger stocks will emerge. And some companies in this space risk going bankrupt.