APTIV COMPONENTS INDIA PRIVATE LIMITED

Aptiv Components India Private Limited is a company based in India that is part of the Aptiv Group. The Aptiv Group is a global technology company that specializes in the design, engineering, and manufacture of advanced electrical, electronic, and mechanical components, systems, and services. The company designs, develops, and manufactures a wide range of products that are used in various industries, including automotive, defense, aerospace, medical, industrial, and consumer electronics.

Aptiv Components India Private Limited is certified by the Automotive Component Manufacturers Association of India (ACMA) and is a member of the Society of Indian Automobile Manufacturers (SIAM).

Aptiv Group was established as General Motors’ Automotive Components Group in 1994, which changed its name to Delphi Automotive Systems in 1995.[7] G.M. also renamed the various divisions within the newly created Delphi unit. Packard Electric became Delphi Packard Electric Systems; Delco Chassis became Delphi Chassis Systems; Inland Fisher-Guide became Delphi Interior and Lighting Systems; Saginaw became Delphi Saginaw Steering Systems; Harrison Radiator became Delphi Harrison Thermal Systems, and AC Delco became Delphi Energy and Engine Management Systems.

Aptiv Group’s products and solutions are used in every major automotive brand and across all vehicle types, including commercial, passenger, and off-road vehicles. The company’s portfolio includes active safety, advanced driver assistance systems, in-vehicle networking, and infotainment. Aptiv Group also provides a wide range of services such as engineering, design, and testing, as well as product and process validation.

Aptiv Group is a leader in the connected vehicle space and its solutions are used by some of the world’s largest automotive companies. The company’s commitment to innovation has led to the development of next-generation technologies and solutions that are transforming the way people interact with their vehicles. Aptiv Group’s products and services are designed to make the driving experience safer, more convenient, and more enjoyable.

Financial performance

Comparing the financial years 2020, 2021, and 2022, the following observations can be made:

Revenue: Revenue from operations increased significantly from ₹1,52,952.89 lakhs in 2020 to ₹2,63,416.08 lakhs in 2022, showing an impressive growth rate of 72.1%.

Profit: The company's profit (Profit/Loss for the period from continuing operations) rose from ₹6,934.85 lakhs in 2020 to ₹27,074.07 lakhs in 2022, indicating a substantial increase of 290.4%.

Assets: Total assets increased from ₹1,25,629.97 lakhs in 2020 to ₹1,68,657.14 lakhs in 2022, representing a growth of 34.2%. This growth is driven mainly by the increase in current assets, specifically trade receivables current and cash and cash equivalents.

Equity: The equity attributable to owners of the parent increased from ₹69,919.96 lakhs in 2020 to ₹88,720.10 lakhs in 2022, a growth of 26.9%.

Liabilities: Total liabilities grew from ₹55,710.01 lakhs in 2020 to ₹79,937.04 lakhs in 2022, an increase of 43.4%. The increase in liabilities is primarily due to the growth in trade payables current and other noncurrent financial liabilities.

Correlations and conclusions:

Based on the financial data, the company has experienced significant growth in revenue and profit over the three years. The increase in assets, particularly current assets, suggests that the company is expanding its operations and might be investing in working capital to support this growth. The growth in liabilities indicates that the company might be financing its expansion through trade payables and noncurrent financial liabilities.

1. Profit Margin: The profit margin has increased over the three years, suggesting that the company has become more efficient in managing its costs and generating profit. The rise in the profit margin also implies that the company may have successfully implemented cost-control measures or improved its product mix.
2. Asset Turnover Ratio: The increase in revenue outpaces the growth in total assets, implying that the company has become more effective in utilizing its assets to generate sales. This may indicate improvements in operational efficiency or more effective management of working capital.
3. Current Ratio: The current ratio, which measures the company's ability to pay its short-term obligations, appears stable over the three years. This indicates that the company has maintained a balance between its current assets and liabilities, thus ensuring short-term financial stability.
4. Debt Ratio: The debt ratio has slightly increased over the three years, which means that the company is using more debt to finance its assets. However, this increase is not alarming and could be a strategic move to take advantage of low-interest rates or to fund growth initiatives.
5. Revenue Concentration: The significant increase in revenue from operations suggests that the company has either expanded its customer base or increased its sales volume with existing customers. This may also indicate successful entry into new markets or the introduction of new products or services.

Overall, APTIV COMPONENTS INDIA PRIVATE LIMITED has demonstrated strong financial performance across the observed years, with substantial improvements in revenue and profit. The increase in assets and liabilities suggests a potential expansion strategy, while the positive correlation between revenue growth and profit growth indicates a healthy business model.