Partner with us icon Partner with Us
Corporate Actions
Divgi Torqtransfer Systems rises after securing contract for AWD system from Indian OEM

22-Jun-26   13:39 Hrs IST

Under this program, Divgi TTS will supply interactive torque management (ITM) assemblies, electronic control units (ECU) and power transfer unit (PTU) assemblies for the OEM's upcoming all-wheel drive (AWD) variants of its mid-sized and full-sized SUV vehicle models.

The program entails annual supply of approximately 6,000 units of ITM Assemblies, ECUs and PTU assemblies, for a period of five years, with start of production expected from Q1 FY28.

This award marks the OEM's first front wheel drive (FWD) based all-wheel drive variant development for its internal combustion powertrain models.

Divgi TTS will be responsible for delivering a fully integrated drivetrain solution, including both hardware and embedded control systems.

The all-wheel drive (AWD) variants are expected to help OEM demonstrate the capabilities of its SUVs under multiple terrain conditions and thereby serve a larger customer base.

The win also reflects increasing market adoption of advanced AWD technologies and positions Divgi TTS to benefit from the growing demand for enhanced vehicle performance and driving dynamics.

Jitendra Divgi, managing director, Divgi TorqTransfer Systems, said: 'We are delighted to secure this order from one of our longstanding OEM customers for the AWD variant of an established vehicle platform.

Being selected to supply the ITM, ECU and PTU assemblies for the entire range of mid-sized and full-sized SUV variants further strengthens our position as a trusted partner for critical drivetrain systems.

We look forward to supporting the successful launch and ramp-up of these all-wheel drive vehicle programs.

Divgi TorqTransfer Systems is one of the major suppliers of OEMs including Mahindra and Mahindra, Tata Motors, BorgWarner, Toyota Kirloskar, Force Motors among others.

The company's standalone net profit surged to Rs 15.48 crore in the quarter ended March 2026 from Rs 5.35 crore during the previous quarter ended March 2025. Sales increased by 84.85% YoY to Rs 107.62 crore in Q4 FY26.

Powered by Capital Market - Live News

Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.