Ameya Precision Engineers Limited is a specialized engineering firm focused on the manufacturing of high-accuracy, custom-built components and assemblies. Established in **1987** and listed on the **NSE Emerge Platform** in **2022**, the company has evolved from a domestic workshop into a **'One Star Export House'** serving a global clientele across the valve, pump, and defense sectors. --- ### **Core Manufacturing Capabilities & Infrastructure** The company operates a sophisticated manufacturing facility in **Pune, Maharashtra**, covering **68,000 sq. ft.**, with **27,000 sq. ft.** dedicated to the shop floor. Notably, **20%** of the current floor area is reserved for immediate capacity expansion. * **Precision Machining:** Expertise in turning, grinding, milling (4-axis), and drilling. The facility houses **4 VMCs** (3 with 4-axis capability), **8 CNC Turning Centres**, and **3 Vertical Turning Lathes (VTL)**. * **Specialized Processes:** Capabilities include hard-facing, corrosion-resistant overlays, and intricate assemblies. The plant features **2 PTA welding systems** and a **PWHT (Post Weld Heat Treat) Furnace** capable of reaching **850°C**. * **Large-Scale Components:** Equipped with **2 Cylindrical Grinding Machines** (up to **2600mm**) and a **Turn-mill center** capable of machining long shafts up to **3.2 meters**. * **Quality & Traceability:** **ISO 9001:2015** certified. Ameya utilizes a **NITON XL2 100G alloy analyser** for on-site material verification and maintains a strict in-house traceability protocol using unique batch numbers for every component. --- ### **Revenue Verticals & Product Specialization** Ameya focuses on high-end engineering components for the **process industry**, **oil and gas**, and **general engineering** sectors. While accounting identifies a single segment, the company tracks performance across four distinct industrial verticals: | Vertical | FY 2024-25 Revenue (₹ Lakhs) | Key Products & Focus | | :--- | :--- | :--- | | **Valves** | **2,653** | **Shafts**, **stems**, and **precision trim parts** designed for high-pressure/corrosive environments. | | **Pumps** | **938** | Specialized pump components; successfully achieved a **>20%** revenue share target. | | **Defence** | **128** | Warhead components and assemblies for **ARDE (DRDO)**. | | **Others** | **189** | Niche opportunities in **Railways** and new customer acquisitions. | **Key Product Focus:** * **Shafts and Stems:** Critical for industrial valves and pumps in high-temperature applications. * **Precision Trim Parts:** Internal components for control valves manufactured to exacting tolerances to ensure operational safety. --- ### **Strategic Growth & Sector Diversification** The company is executing a multi-faceted strategy to transition toward a more dynamic, high-tech business model. * **Physical Expansion:** In **December 2024**, the company acquired **5,209.85 square meters** of land in **Sasewadi, Pune** for **₹5.05 Crore** to support future industrial and commercial expansion. * **Defence Momentum:** Ameya has become a trusted partner for the **Armament Research and Development Establishment (ARDE)**. It recently executed orders for the **Warhead Empty Assembly (PCB-RudraM-III)**. Defence orders grew from **₹87.5 Lakhs** in FY 23-24 to **₹57 Lakhs** in just the first few months of FY 24-25. * **Technological Integration:** The company is integrating **3D printing technology** into its supply chain, specifically using **3D printed patterns for casting**. It recently secured orders worth **€61,500** utilizing these advanced methods. * **Global Partnerships:** Ameya maintains a strong relationship with **Sulzer Pumps (UK) Ltd**, securing a major purchase order for pump assemblies due in **November 2025**. --- ### **Global Supply Chain & Sustainability** Ameya has successfully transitioned into an export-oriented unit, with international markets contributing the majority of its revenue. * **Global Footprint:** Exporting to the **UK, Europe, North America, and Asia-Pacific** since **2003**. * **Sourcing Excellence:** Maintains a robust supply chain of certified foundries. It holds sourcing relationships in **Europe and North America** to meet specific customer requirements regarding raw material origin. * **Sustainability (ESG):** The company holds a **ZED Silver certification** from the Ministry of MSME. It recently increased its solar power capacity by **30%** to **167.94 kVA** at its Pune premises to reduce its carbon footprint. --- ### **Financial Performance Summary** Ameya has demonstrated a robust upward trajectory, with profitability metrics nearly doubling over a two-year period. | Particulars (₹ Lakhs) | FY 2024-25 | FY 2023-24 | FY 2022-23 | | :--- | :--- | :--- | :--- | | **Total Income** | **3,950.45** | **3,502.83** | **2,851.00** | | **Profit Before Tax (PBT)** | **599.34** | **411.36** | **234.80** | | **Profit After Tax (PAT)** | **442.96** | **296.16** | **185.00** | **Financial Highlights:** * **Profitability Growth:** FY 2023-24 saw a **57.0%** increase in **EBITDA** and a **75.20%** increase in **PBT**. * **Capital Structure:** As of **June 30, 2025**, the company has **75,00,000 Equity Shares** (Face Value **₹10**). * **Retention Strategy:** The Board prioritizes **retaining profits** to optimize working capital and fund internal accruals rather than distributing dividends, ensuring a healthy cash flow for expansion. --- ### **Risk Management & Regulatory Compliance** The company operates under a comprehensive compliance framework, adhering to over **20 legislative acts**, including the **Factories Act** and **MSME Development Act**. * **Geopolitical Risks:** Exposure to the **Russia-Ukraine** and **Middle East** crises, which impact global demand and logistics. * **Macroeconomic Volatility:** Risks include **foreign exchange rate fluctuations** (affecting export competitiveness) and **interest rate volatility**. * **Logistical Constraints:** Global supply chain disruptions have led to **extended lead times**, which the company manages through **Strategic Stocking Agreements** with key customers. * **Operational Mitigation:** Use of **ISO 9001:2015** and **ZED Certification** to ensure process standardization and environmental responsibility.