#### **Overview** Unimech Aerospace and Manufacturing Ltd. (UAML), established in 2016, is a precision engineering company specializing in **high-mix, low-volume, high-precision manufacturing** for mission-critical applications across the **aerospace, defence, nuclear, semiconductor, energy, robotics, and medical equipment sectors**. Operating under *build-to-print* and *build-to-specification* models, the company delivers complex components and systems to global OEMs, Tier-1 suppliers, MROs, and public sector undertakings. As of November 2025, UAML has solidified its reputation as a trusted global manufacturing partner, serving **35+ customers across seven countries**, with **over 90% of revenue derived from exports**—primarily to the USA, Germany, Canada, and the UK. --- #### **Core Business Segments** 1. **Aero Tooling / MRO Tooling (c. 85% of revenue)** - Designs and manufactures custom jigs, fixtures, gauges, engine stands, and handling tools for aircraft engines and airframes. - Supports key platforms: **LEAP, Pratt & Whitney, Rolls-Royce, Boeing, Airbus**. - Clients include major engine and airframe OEMs, Tier-1 licensees, and MRO shops. - Primary revenue driver, focused on qualifying for **higher-volume, complex tools** and securing **long-term or exclusive agreements**. 2. **Precision Components & Assemblies (c. 15% of revenue)** - Produces **mission-critical, high-accuracy machined parts and subsystems** for: - **Nuclear**: Reactor internals, drive mechanisms, shielding plugs, ceiling plugs. - **Defence**: Missile and weapons system components. - **Semiconductor**: Machined modules for equipment. - **Energy, Robotics, and Medical Devices**. - Growing strategic focus, with significant potential in India's expanding **nuclear power and defence modernization programs**. --- #### **Manufacturing Infrastructure & Capacity** - **3 Manufacturing Facilities**, totaling **243,000 sq. ft.** (expanded from 213,000 sq. ft. in March 2025): - **KIADB Aerospace SEZ, Devanahalli**: 150,000 sq. ft. for **aero engine and airframe tooling**. - **Peenya, Bengaluru**: Dual units (existing + 33,000 sq. ft. new facility), serving **precision parts for nuclear, defence, and semiconductors**. - **Installed Capacity**: Over **630,000 machine hours** (up from 223,000 in FY24), with utilization at ~57% (down from >90% due to new capacity ramp-up). - Certified under **AS9100D, ISO 9001:2015, and ISO 45001:2018** across all units. - **Digital Integration**: Proprietary ERP system enables **end-to-end tracking**, automated CNC programming (100% automated), and real-time vendor monitoring. - **Green Channel Status**: Allows direct dispatch without pre-shipment inspections, enhancing export efficiency. --- #### **Workforce & Scalability** - **886 employees** as of November 2025 (up from 655 in September 2025 and 793 in March 2025), reflecting rapid expansion. - Engineering team of **211 professionals**. - Scalable vendor ecosystem supports outsourcing of non-core operations, integrated into ERP for traceability and quality control. --- #### **Product Portfolio & Innovation** - Over **5,200 qualified SKUs** (up from 4,388 in FY25), including: - **4,202 SKUs** in aero tooling and complex sub-assemblies. - **1,023 SKUs** in precision machined parts. - Added ~10% new SKUs in Q2 FY26, demonstrating active product development and diversification. - Capabilities include **3-, 4-, and 5-axis milling, turning, EDM, electro-mechanical integration**, and fabrication. --- #### **Recent Strategic Developments (Nov 2025)** - **$4 Million LEAP Program Order**: A landmark order for ground support equipment—significantly larger than typical $0.5–1 million contracts—indicating potential for **long-term, large-scale deals**. - **Onboarded New Aerospace Customer**: Executing nearly **100 First Article Inspections (FAIs)** for sub-assemblies in **unmanned aircraft systems (UAS)** for surveillance. - **Semiconductor Segment**: Multiple FAIs in final approval phase; successful validation expected to yield **long-term orders from 2026**. - **Acquisition of Dheya Engineering Stake**: - Acquired **16% stake** (planned increase to **30%**) with **board representation**. - Exclusive rights to manufacture **micro gas turbine engines and subsystems** for UAVs and missiles. - Enables shift from *build-to-print* to *build-to-design/turbo machinery* capabilities. - **Geographic Expansion**: - Scaling in **USA and Europe** through new customer acquisition and increased wallet share. - Establishing **free-trade warehouses in India** to reduce tariffs and lead times. - Collaborating with global partners to meet specific customer requirements and accelerate time-to-market. - **Joint Ventures & Inorganic Growth**: Strategic alliance with Dheya; evaluating additional M&A targets in aerospace and precision engineering to enhance global footprint and technical capabilities. --- #### **Financial & Order Book Status (Nov 2025)** - **Order Book**: **INR 105 crores**, with **95% from tooling business**. - **Key Bids & Tenders**: - Submitted bids worth **INR 800 crores** for nuclear projects. - Targeting EMCCR tenders for Tarapur, Kaiga, and Rajasthan reactors. - Combined nuclear tender opportunity: **over INR 400 crores**; potential **INR 500+ crores per twin reactor project**. - **Revenue Guidance**: Revised downward from **40% YoY growth** for FY26 due to **U.S. tariff pressures** and supply chain cost concerns, but still expects year-on-year improvement. - **IPO & Capital Raising**: - Raised **INR 5,000 million** in Dec 2024 via IPO (INR 2,500 million primary) used for capex, working capital, M&A, and debt repayment. - INR 2,500 million raised in Jul 2024 via private placement for global M&A. --- #### **Growth Strategies** 1. **Market Development**: Expanding into USA and Europe; exploring overseas warehouses and JVs. 2. **Market Penetration**: Increasing sales to existing customers, securing exclusive contracts. 3. **Product Development**: Launching high-precision products in **nuclear, semiconductor, and robotics** (including micro gas turbines). 4. **Inorganic Growth**: M&A and strategic partnerships to accelerate scale and capabilities. 5. **Capacity Expansion**: Doubling infrastructure; developing a **4-acre Tech Park** in Bengaluru for partners and R&D. --- #### **Key Strengths** - **High-barrier sector** with long vendor approval cycles—once qualified, customer stickiness is high. - **Vertically integrated, digitally enabled manufacturing** ensures quality, traceability, and scalability. - **Diversified product portfolio** and client base reducing single-sector exposure. - Strong leadership with **90+ years of combined industry experience**.