Laxmi-Agni Components & Forgings

What Laxmi-Agni Components & Forgings does

Laxmi-Agni Components & Forgings Pvt. Ltd. is an Aurangabad, India-based precision forging and machining manufacturer founded in 1999 that supplies forged and machined components to automotive original equipment manufacturers (OEMs). The company operates two integrated production hubs — Chikalthana MIDC (corporate office and forge shop) and Waluj MIDC (machine shop and additional forging plant) — spanning over 310,000 sq.ft, with a current installed forging capacity of 1,000 MT/month that is being expanded to 2,000 MT/month. It produces two core product lines: Precision Components (crankshafts, rear wheel axles, front wheel axles, connecting rods, flanges, mainshafts, differential components, and gear components in the 100gms–15kg weight range) and Assemblies (two-wheeler and three-wheeler crankshaft assemblies for 100cc–450cc engines, wheel axles, and link assemblies). Manufacturing is underpinned by 1000T and 1600T mechanical presses, drop hammers, induction heating furnaces, 35 CNC turning centers, 7 CNC twin spindles, 8 VMCs, CNC and cylindrical grinding machines, and a fully in-house tool room, die shop, heat treatment facility, and inspection/testing laboratory (CMM, roundness tester, contracer, hardness testers, eddy current, MPI).

The company's revenue model is straightforward B2B hardware sales: quote-based pricing per customer specification, with direct OEM supply contracts and Just-in-Time (JIT) delivery to customer production lines. Customer mix is anchored by long-tenured domestic OEMs — Bajaj Auto (two-/three-wheeler crankshafts and axle assemblies), Siemens, Varroc, Eicher, Atul Auto, and Neel Metal — supplemented by export clients USD Formteiltechnik and Monarch in Germany. The firm holds IATF 16949:2016, ISO 9001, ISO 14001, and OHSAS 18001 certifications, and has won multiple Bajaj Auto TPM and Quality Awards (including 2011, 2023 TPM Awards and 2014 Platinum TPM Excellence), as well as Siemens Gold Award 2017 and NCQC-2022 Excellence Award. The go-to-market motion is enterprise field sales with direct OEM relationships, supported by a corporate website, gated brochure downloads, and direct contact/inquiry forms. The company is privately held by founder-promoters Mr. A.K. Kapoor (President) and Mr. A.R. Kapoor (Managing Director), with no external institutional investors indicated, and discloses gross turnover exceeding $34 million annually with 430+ employees across facilities.

Name

Laxmi-Agni Components & Forgings

Legal name

Laxmi-Agni Components & Forgings Pvt. Ltd.

Website

https://laxmiagni.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

251–500 employees

Short description

Laxmi-Agni Components & Forgings is an Aurangabad, India-based precision forging and machining manufacturer supplying crankshafts, axles, flanges, and assemblies primarily to domestic automotive OEMs, led by Bajaj Auto, with additional export clients in Germany. Founded in 1999, it operates 310,000+ sq.ft of facilities with 1,000 MT/month forging capacity.

Ownership category

akta.pro rank

Headquarters

HQ city

Chhatrapati Sambhaji Nagar

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Precision Components Manufacturing: Manufacture and sale of precision-forged and machined automotive components including crankshafts, axle assemblies, flanges, con rods, and gear components. Revenue generated through direct OEM supply relationships with automotive manufacturers.
2. Assembly Manufacturing: Manufacture of two-wheeler and three-wheeler crank shaft assemblies, wheel axles, and link assemblies for various engine configurations ranging from 100cc to 450cc engines.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Laxmi-Agni Components & Forgings Pvt. Ltd. manufactures precision-forged and machined automotive components and sub-assemblies, including crankshafts, rear and front wheel axles, flanges, con rods, mainshafts, differential components, and crank shaft assemblies for two-wheeler and three-wheeler engines ranging from 100cc to 450cc. Products range from 100gms to 15kg and are manufactured in-house from die design through forging, heat treatment, CNC machining, and inspection, with zero-defect JIT delivery to OEM customers such as Bajaj Auto, Siemens, Varroc, and Eicher.

Product overview

Laxmi-Agni Components & Forgings is a precision forged and machined components manufacturer serving the automotive OEM market. The company offers two core product lines: Precision Components (forged and machined parts including crank shafts, axles, flanges, connecting rods, mainshafts, and gears) and Assemblies (engine assemblies for 2-wheelers and 3-wheelers including crank shaft assemblies, wheel axles, and link assemblies). Products range from 100gms to 15kg, with an installed forging capacity of 1000 MT/month expanding to 2000 MT. The company operates with in-house capabilities across design, tooling, heat treatment, and machining.

Differentiator

Problem solved

Functional benefit

Products and services

• Precision Components Precision turned and machined automotive parts for passenger and commercial vehicle OEMs, including rear wheel axles, front wheel axles, crank shafts, connecting rods, flanges, mainshafts, and differential components. Components are produced in the 250gm to 12kg weight range.
• Assemblies Two-wheeler and three-wheeler crank shaft assemblies for engines ranging from 100cc to 450cc, front and rear wheel axles for three-wheelers, link assemblies for commercial vehicles, and drive flanges, endurance tested for consistent performance. All assemblies are manufactured on high precision press machines with toolings accurate within 5 microns.

Quantifiable outcome

• Zero defect components delivered on Just-in-Time (JIT) basis
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• Bajaj AutocoreChannel Partner/ Reseller/ DistributorPrimary OEM customer and key strategic partner. Long-term supplier relationship with multiple awards including TPM Awards, Quality Awards, and recognition from senior leadership. Supplies precision components and assemblies for Bajaj's two-wheeler and three-wheeler production lines.
• SiemenscoreChannel Partner/ Reseller/ DistributorCustomer partner awarded Laxmi-Agni with Gold Award in 2017 for quality and performance. Relationship for precision components in industrial and automotive applications.

Scale indicators9 records

Recent moves13 records

Expansion highlights4 records

Broad incumbents

• Bharat Forge: India's largest forging company supplying precision-forged crankshafts, axles, and drivetrain components to global automotive OEMs. Direct overlap with Laxmi-Agni in forged powertrain parts, but at far greater scale, geographic reach, and customer breadth.
• Uno Minda (Minda Industries): Large Indian automotive component group supplying switches, lighting, acoustics, and aftermarket parts. Comparable as a Tier-1 supplier to Indian OEMs (including Bajaj Auto), with broader product diversification than Laxmi-Agni.
• Mahindra CIE (Automotive Stampings and Assemblies): Diversified Indian automotive component supplier with forging, machining, and aluminium products businesses. Comparable in forgings/drivetrain exposure and Indian OEM customer mix, but larger and more diversified across geographies.

Direct peers

• Sansera Engineering: Indian precision-machined and forged automotive components supplier serving two-wheeler and four-wheeler OEMs. Highly comparable in product portfolio (connecting rods, crankshafts, gear components) and B2B OEM GTM.
• Varroc Engineering: Indian automotive component company supplying lighting, electrical, and plastic/powertrain parts to two-wheeler and four-wheeler OEMs globally. Comparable as a Tier-1 Indian auto supplier; notably also a customer of Laxmi-Agni.
• Suprajit Engineering: Indian auto components supplier across cables, sensors, and precision parts for two-wheelers, four-wheelers, and commercial vehicles. Comparable mid-tier Indian OEM supplier with similar domestic customer focus.
• Badve Engineering: Indian automotive component manufacturer producing sheet metal, forged, and machined parts for two-wheeler, three-wheeler, and four-wheeler OEMs. Comparable mid-sized Indian precision components supplier with overlapping customer base.
• Ramkrishna Forgings: Indian manufacturer of precision hot and cold forgings serving automotive drivetrain, suspension, and engine programs. Closely comparable in product mix (crankshafts, axle assemblies, gear blanks) and customer type (OEMs and tier-1s).
• Endurance Technologies: Indian auto components maker with strong presence in aluminium castings, suspensions, and drivetrain parts for two-wheeler and four-wheeler OEMs. Comparable as a Tier-1 supplier to Indian automotive platforms with similar customer base including Bajaj.
• Sundaram Fasteners: Indian manufacturer of high-tensile fasteners and precision automotive components serving OEMs including domestic and international. Comparable in precision metal forming and Tier-1 Indian OEM supplier profile, though more fastener-weighted.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/laxmi-agni

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Laxmi-Agni Components & Forgings