Inauguration of Robotic Chassis Line for Commencing the Production of Kinetic DX EV by Auto Engineering Company
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The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 143 per share.
Kinetic Engineering Ltd (KEL) has taken a significant step in its manufacturing process by launching an advanced Robotic Chassis Line at its facility in Ahilya Nagar, Maharashtra. This new line is designed to produce the chassis for the company's Kinetic DX EV electric scooter. The system incorporates robotic welding, clamping auto fixtures, and a specific cell for scooter framing, which together ensure high precision, consistent structural integrity, and increased productivity. This move to automation is intended to improve operational efficiency and safety while minimising errors in the manufacturing process.
In addition to the new robotic line, KEL has made several other upgrades to its facility. The metal body panel line has been modernised with hydraulic and mechanical presses and new welding equipment to enhance accuracy and efficiency in panel fabrication. The paint shop has also been upgraded to include a 7-tank process with CED coating and a metallic top coat. This new system is designed to provide better corrosion resistance and a higher-quality finish for the scooter's body and frame.
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The facility's part supply system has also been streamlined. A new, dedicated store for frame parts has been implemented with individual gauges for each component and a kit-based supply method. This approach to inventory management is expected to optimise operations and ensure a smooth, efficient flow of parts to the production line. These comprehensive upgrades reflect KEL's commitment to advancing its manufacturing capabilities and producing high-quality electric vehicles.
About the Company
Kinetic Engineering Limited (KEL) is the flagship company of the Kinetic Group, with over five decades of manufacturing excellence. Headquartered in Pune and led by Ajinkya Firodia, Vice Chairman & Managing Director, KEL has been a pioneer in India’s automotive industry. KEL’s state-of-the-art manufacturing facility in Ahmednagar spans 32 sheds, houses over 400 machines and employs around 1,000 personnel. All products are IATF 16949 certified, underscoring KEL’s commitment to global quality standards. The company recently celebrated its 52nd anniversary and boasts an esteemed clientele that includes Renault, American Axle, TATA Motors, Mahindra & Mahindra, Ashok Leyland, Magna Powertrain, Sonalika Tractors, Carraro Products, among others.
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The company has a market cap of over Rs 700 crore and reported amazing numbers in its Quarterly Results (Q1FY26) and annual results (FY25). The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 143 per share.
Disclaimer: The article is for informational purposes only and not investment advice.