Incorporated in April 1998, Dhoot Transmission Limited is one of India's leading electrical and electronics (E&E) companies engaged in the design, engineering, manufacturing, and supply of wiring harnesses and electrical distribution systems for automotive and non-automotive applications. The company offers a diversified product portfolio comprising wiring harnesses, battery packs, sensors and electronic controllers, automotive switches, terminals, connectors, and power supply cords, catering to both internal combustion engine (ICE) and electric vehicle (EV) platforms.

The company is among the top two players in India's two-wheeler (2W) and three-wheeler (3W) wiring harness market, with a 41% market share and is a leader in the electric 2W and 3W segment with a market share of nearly 70% in Fiscal 2026. Its products are also used in commercial vehicles, off-highway vehicles, farming equipment, and industrial applications. Approximately 95% of its automotive product portfolio is EV-focused or powertrain-neutral, positioning the company to benefit from electrification, premiumization, connected vehicles, and automation trends.

Dhoot Transmission has established long-term relationships with leading automotive OEMs while maintaining a diversified customer base and robust financial performance.

As of March 31, 2026, the company employed 2,735 full-time employees across manufacturing, R&D, engineering, sales, finance, and corporate functions.

Strengths

Established leadership in India's 2W and 3W wiring harness market with a comprehensive product portfolio.

Well-positioned to capitalize on EV adoption, premiumization, automation, and connected vehicle trends.

Strong business foundation backed by marquee OEM customers and a diversified business mix.

Consistent financial performance supported by scalable manufacturing operations.

Experienced management team, strong R&D capabilities, and reputed investor support.

Dhoot Transmission Limited IPO GMP Today

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