This microcap robotics company has turned into a profit machine

livemint.com:

robot or robotics, what’s the first thing that comes to mind? For many of us, it’s the iconic movie Robot starring Rajinikanth. One important takeaway from it was the potential impact of robots on human lives. The movie depicted a future in which robots could replace humans, and given the rapid advancements in robotics and AI, it's hard to deny that this fiction could one day be our reality.

For those who recognise the potential the robotics holds, we’ve identified a promising microcap robotics company to highlight today. We are talking about none other than Affordable Robotic & Automation (ARA). The company is a leading provider of turnkey automation solutions for industrial automation and the first robotics company to be listed on the BSE.

ARA offers automation solutions for welding lines using robotics and related design services, as well as material handling automation services and automated car parking systems. ARA's services span three verticals: one-stop parking solutions, warehouse automation (including robotic welding solutions and robotic parking solutions), and proprietary software development. The company has renowned clients such as Mahindra & Mahindra, Maruti Suzuki, Honda, TVS, Piaggio, Volvo and Eicher for automation.

For car-parking solutions, its clients include Lodha, Shreepati Group, Parinee, Marvel, VTP Realty, Dhuleva Group and Swastik Group. Over the past decade, the company has sold more than 5,000 robots and installed more than 10,000 car parking systems, serving customers in India, China, and other parts of Asia. The company's proprietary software includes I-ware, which offers navigation using QR codes, warehouse management and robot control.