Company profileListed on Tehran Stock Exchange

Mehvarsazan Iran Khodro Company

Mehvarsazan Iran Khodro Industrial Company Public Joint Stock Company is a Tehran-based, listed automotive-component manufacturer within the Iran Khodro Industrial Group. Founded in 1964, it produces axles, gearboxes, driveline assemblies, gears and related parts for Iranian vehicle platforms. The company is a relevant node in domestic vehicle production, replacement-parts supply and automotive-component procurement.

ListingListed on Tehran Stock Exchange
ExportLow
VerificationBasic
ConfidenceHigh
Updated21/07/2026
OPERATING PROFILE

Operations & footprint

Products and services

Mehvarsazan Iran Khodro Company manufactures automotive axles, gearboxes, driveline assemblies, and related vehicle components for passenger cars and commercial vehicle platforms. Its activity is linked to Iran Khodro's supplier network, domestic vehicle production, replacement-parts demand, industrial machining, and imported component substitution.

Operations and assets

Tehran-based manufacturing operations producing automotive axles, gearboxes, driveline assemblies, gears and associated vehicle parts. The company shifted from bus and minibus production to Peykan axle production in 1994.

Geographic footprint

Tehran, Iran.

CORPORATE STRUCTURE

Ownership & group structure

Ownership

Part of the Iran Khodro Industrial Group. The company was acquired by Iran Khodro Investment Expansion Company in 2000.

Parent company

Iran Khodro Industrial Group.

Investor Lens

Commercial and investment relevance

Mehvarsazan Iran Khodro is relevant for investors assessing Iran's automotive parts sector, supplier dependency, localization potential, replacement-parts demand, and exposure to Iran Khodro's production cycle. It can support screening of component bottlenecks, technical upgrade needs, tooling and machining demand, and the effect of sanctions on imported parts or equipment. Due diligence should review customer concentration, receivables from automakers, machinery age, product quality, raw-material procurement, and updated listed-market disclosures. Mehvarsazan supplies vehicle-platform components whose availability affects assembly schedules and aftermarket parts demand. It is relevant to buyers of automotive assemblies, machining and gear-production inputs, and partners serving Iran Khodro’s domestic supply chain.

DECISION RISKS

Constraints, risk & compliance

Key risks and constraints

Demand is closely tied to output from Iran Khodro-linked vehicle platforms. Axle, gearbox and driveline production also depends on reliable supplies of automotive-grade materials, precision parts, tooling and production equipment.

Sanctions and compliance considerations

The company operates within Iran’s automotive manufacturing chain, where cross-border procurement of specialised machinery, tooling and component inputs can require heightened trade-compliance screening.

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Common questions

Frequently asked questions

Direct answers to the questions most likely to arise when reviewing this profile.

What does Mehvarsazan Iran Khodro Industrial Company manufacture?

The company produces automotive axles, gearboxes, driveline assemblies, gears and related vehicle components, including axle applications for several Iranian passenger-vehicle platforms.

Where is Mehvarsazan Iran Khodro Industrial Company based?

Its headquarters and manufacturing operations are in Tehran, Iran, on Karaj Makhsous Road.

Is Mehvarsazan Iran Khodro part of Iran Khodro?

Yes. The company is part of the Iran Khodro Industrial Group and was acquired by Iran Khodro Investment Expansion Company in 2000.

Is Mehvarsazan Iran Khodro listed?

The company has been active in Iran’s stock market since 1993 and is associated with the ticker خوساز.