BUSINESS BRIEF
The Company is engaged in the manufacturing of heavy fabrications and machined components with capacity of 10,000 MT per annum of fabricated goods. The Company has 3 manufacturing units in India with total land area of ~5 lakh sq. ft. and shed of ~150, 000 sq. ft.
- It has designed, manufactured and supplied Heavy Fabricated assembliesto engineering companies like Bharat Heavy Electrical Ltd., GET & D India Limited, Crompton Greaves Ltd., ABB Limited, SIEMENS Limited, TBEA, BTW, L&T Case Equipment Ltd.
- It has third party approvals for Bhakra Beas, Lloyd’s register, Nuclear Power Corporation, Punjab State Electricity Board, RiTES, Power Grid, NTPC, Fuji Electric & Bureau VERITAS.
- DRDO approved Facility
- State-of-the-art ERP and quality management system in place: All plants run under a net based ERP since 2006 with all functions of accounts and manufacturing interconnected.
Note: The Deal is on as-is where is basis i.e. it includes land & building and net current assets on the deal date.
- Post the sale transaction, promoters would assist the buyer for 6 months for smooth transition.
Business Divisions
Transformer TanksProposal
Industry
Industrial goods manufacturing
Sub Industry
Heavy Fabrication
Sector
Manufacturing
Reason for sell-off
Succession issue
Top Customer
Deal Size
INR 80 - 90 Cr
Business Operation Information
Financial Information |
2024 (in INR Cr) | 2023 (in INR Cr) | 2022 (in INR Cr) | 2021 (in INR Cr) |
---|---|---|---|---|
Sales |
28.26 | 30.37 | 28.48 | 17.22 |
EBITDA |
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PAT |
N.D | N.D | N.D | N.D |