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Kinetic Engineering Limited, one of India’s most trusted
mobility engineering and component manufacturing companies, has announced its
quarterly results following a meeting of the Board. The company reported
significant progress at its electric vehicle arm, Kinetic Watts & Volts Ltd
(KWV), a subsidiary. KWV has achieved a major milestone with the receipt of the
ARAI homologation certificate and the successful completion of testing. The
company also confirmed the inauguration of its first showroom on 16 October
2025. Deliveries of the Kinetic DX are set to commence at the end of November
2025, following an overwhelming market response and strong bookings within just
a few months of launch. This milestone reaffirms the enduring strength of the
Kinetic brand in the electric mobility sector.
KWV announced that it has issued over 50 Letters of Intent
(LOIs) in key cities, including Pune, Mumbai, Baroda, Surat, Indore, Bhopal,
Jabalpur, Delhi, Gurgaon, Jaipur, Lucknow, Hyderabad, Bhubaneswar and Cuttack,
among others. The company has already met its network expansion target for the
year and plans to open all these dealerships by the end of March. By that time,
it aims to ramp up production and sales to achieve a cumulative target of 5,000
units, generating approximately Rs 500 million in revenue. Furthermore, KWV
intends to sell a minimum of 60,000 units in the next financial year, setting
an ambitious top-line target of Rs 6000 million from the subsidiary alone as
its electric vehicle portfolio expands. The company also plans to establish a
nationwide network of 200 dealerships by FY 2026–27, with the southern region
being the next focus area.
Ajinkya Firodia, Vice Chairman, Kinetic India, said, “This
quarter marks a significant step forward in our journey. The response to KWV
has been exceptional, with bookings far exceeding projections, a reflection of
the deep trust in the Kinetic brand and the proven reliability of our products.
The Kinetic DX is quickly emerging as the preferred everyday scooter for Indian
families, offering segment-leading convenience through features like Easy Key,
Easy Charge, and Easy Flip. Its robust metal body, practical real-world range,
class-leading 37-litre storage and low maintenance make it a truly dependable
companion for daily mobility.”
On the auto component manufacturing front, Kinetic
Engineering Limited has recently inaugurated its state-of-the-art robotic
chassis line, further enhancing its precision manufacturing capabilities. The
company has also revamped its paint shop and added new metal pressing
facilities, boosting throughput and improving quality standards. KEL is
currently producing chassis for the E-Luna and Kinetic DX EV, highlighting its
strong backward integration with the group’s electric mobility initiatives.
KEL also confirmed that it is in advanced discussions with
several existing and new customers in the auto component sector, which are
expected to further drive its B2B business in the coming months. With a profitable
financial foundation, a positive demand outlook, and an expanding EV
distribution network, Kinetic Engineering Limited is well-positioned to deliver
sustainable growth and long-term value to its customers, partners, and
shareholders.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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