Charkheshgar Company
Charkheshgar Company Public Joint Stock Company is a Tehran Stock Exchange-listed automotive-component manufacturer under Iran Khodro Diesel ownership. Headquartered in Tehran with production in Tabriz, it designs and supplies gearboxes, steering systems and driveline components for Iran’s vehicle industry. Its heavy-gearbox capability and group trading links make it relevant to commercial-vehicle sourcing and automotive supply-chain analysis.
Market position
Charkheshgar describes itself as Iran’s sole producer of heavy gearboxes for passenger cars, vans, two-wheel-drive vehicles, tractors and other off-road vehicles, trucks, minibuses and buses.
Operations & footprint
Products and services
Charkheshgar Company manufactures automotive powertrain and driveline components, including gearboxes, transmission systems, steering-related assemblies, engine and vehicle drivetrain parts, and industrial components. Its operations are tied to Iran's automotive supply chain, Tabriz's industrial base, domestic vehicle production, replacement parts, and import-substitution pressure.
Operations and assets
The company is headquartered in Tehran and operates a factory on West Industrial Road in Tabriz, East Azerbaijan Province. Its manufacturing portfolio centres on automotive gearboxes, steering systems and related powertrain and driveline components.
Geographic footprint
Headquarters in Tehran; manufacturing in Tabriz, East Azerbaijan Province.
Ownership & group structure
Ownership
Iran Khodro Diesel Company held 48.550% of shares as of 21 July 2026.
Parent company
Iran Khodro Diesel
Reported scale
Scale note: Related-party sales with Iran Khodro Diesel, Gavah and Zarrin Fanavar Charkheshgar totalled IRR 12,718.713 billion, while related-party purchases totalled IRR 3,214.383 billion, as of 21 July 2026.
Commercial and investment relevance
Charkheshgar is relevant for investors assessing Iran's automotive supplier base, replacement-parts demand, import substitution, industrial capability in East Azerbaijan, and the resilience of local powertrain component production. It can support analysis of supplier bottlenecks for automakers, aftermarket demand, tooling needs, technology-transfer gaps, and margin pressure from currency volatility. Due diligence should review customer concentration, dependence on Iran Khodro or SAIPA-linked demand, product quality, machinery renewal needs, working capital, and latest listed-company disclosures. For vehicle manufacturers and fleet-focused buyers, Charkheshgar is a domestic source of gearbox and steering-system capability across light, commercial and off-road vehicle applications. Its product range reaches 16-speed transmissions and 2,200 Nm input torque, positioning it within heavy-vehicle and industrial transport supply chains.
Constraints, risk & compliance
Key risks and constraints
Demand exposure is concentrated in Iran’s automotive and commercial-vehicle production chain, including related-party transactions with Iran Khodro Diesel, Gavah and Zarrin Fanavar Charkheshgar. Production continuity depends on maintaining specialised gearbox and steering-component manufacturing capability.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Charkheshgar Company manufacture?
Charkheshgar manufactures automotive powertrain and driveline components, including gearboxes and steering systems. Its gearboxes cover four to 16 speeds and input torque from 190 Nm to 2,200 Nm.
Where does Charkheshgar operate?
The company is headquartered in Tehran and operates a manufacturing facility on West Industrial Road in Tabriz, East Azerbaijan Province.
Is Charkheshgar listed on the Tehran Stock Exchange?
Yes. Charkheshgar is listed on the Tehran Stock Exchange under ticker خچرخش (Khcharkhesh).
Who owns Charkheshgar?
Iran Khodro Diesel held 48.550% of Charkheshgar’s shares as of 21 July 2026.