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About -
Incorporated in 2009, Sealmatic is engaged in the business of designing & manufacturing mechanical seals & associated products mainly for the oil & gas, refinery, petrochemical, chemical, pharmaceutical, fertiliser, mining, pulp & paper, aerospace & many more.
Incorporated in 2009, Sealmatic is engaged in the business of designing & manufacturing mechanical seals & associated products mainly for the oil & gas, refinery, petrochemical, chemical, pharmaceutical, fertiliser, mining, pulp & paper, aerospace & many more.
Today, it provides the most complete selection of engineered mechanical seals & sealing support systems. Sealmatic products are globally recognized as a trusted brand in the process industry.
Management -
Sealmatic has highly experienced Management team who has extensive experience in the industry.
Their Promoters Mr. Umar A. K. Balwa & Mr. Mohamed Hanif S. Chaudhary has more than 3 decades of experience in mechanical seals industry.
Sealmatic has highly experienced Management team who has extensive experience in the industry.
Their Promoters Mr. Umar A. K. Balwa & Mr. Mohamed Hanif S. Chaudhary has more than 3 decades of experience in mechanical seals industry.
Umar Balwa was the founding promoter of Burgmann India Pvt Ltd which was a
subsidiary of Feodor Burgmann Dichtungswerke GmbH & Co KG in the years 1993.
It was a joint venture between Feodor Burgmann Dichtungswerke GmbH & Co KG and Balwa family with 51:49% equity participation.
subsidiary of Feodor Burgmann Dichtungswerke GmbH & Co KG in the years 1993.
It was a joint venture between Feodor Burgmann Dichtungswerke GmbH & Co KG and Balwa family with 51:49% equity participation.
Umar Balwa successfully lead the company in 🇮🇳 with a sizeable market share until 2007, when Feodor Burgmann Dichtungswerke GmbH & Co KG was taken over by the Freudenberg Group & under a friendly agreement the Balwa family sold their 49% shares to the parent organisation.
Geogrpahical Revenue -
Sealmatic has been earning 77% of it's revenue from Exports & 23% from Domestic.
Sealmatic has been earning 77% of it's revenue from Exports & 23% from Domestic.
Financials -
For last 3 fiscals, Sealmatic has posted a
turnover/net profit of
Rs. 33.59 cr. / Rs. 4.94 cr. (FY20)
Rs. 35.48 cr. / Rs. 6.50 cr. (FY21)
Rs. 42.76 cr. / Rs. 8.41 cr. (FY22)
H1 of FY23, it has earned a net profit of Rs. 5.43 cr. on a turnover of Rs.25.82 cr.
For last 3 fiscals, Sealmatic has posted a
turnover/net profit of
Rs. 33.59 cr. / Rs. 4.94 cr. (FY20)
Rs. 35.48 cr. / Rs. 6.50 cr. (FY21)
Rs. 42.76 cr. / Rs. 8.41 cr. (FY22)
H1 of FY23, it has earned a net profit of Rs. 5.43 cr. on a turnover of Rs.25.82 cr.
Manufacturing Facility -
Manufacturing unit of Sealmatic India is situated at Shanti Vidya Nagri Road, Mira Road (E), Thane.
Co has also planned to set up its 2nd mfg unit at Khindipada Village Vasai East, Thane.
Manufacturing unit of Sealmatic India is situated at Shanti Vidya Nagri Road, Mira Road (E), Thane.
Co has also planned to set up its 2nd mfg unit at Khindipada Village Vasai East, Thane.
The said unit when fully functional will increase the manufacturing capacity by 60% of the current capacity.
Manufacturing Infrastructure -
Sealmatic mechanical seal pass through numerous steps involving extensive engineering which results in precise product, thus meeting the customers requirement.
Sealmatic mechanical seal pass through numerous steps involving extensive engineering which results in precise product, thus meeting the customers requirement.
In designing department they use 3D modelling technology & FEA coupled with CFD to ensure optimum performance.
Customers -
Sealmatic supply products to Industry leaders of Oil & Gas Industry, Power sector, Pharma sector.
Their customers are spread across all the continents have a satisfied base of over 1000 customers across the globe.
Sealmatic supply products to Industry leaders of Oil & Gas Industry, Power sector, Pharma sector.
Their customers are spread across all the continents have a satisfied base of over 1000 customers across the globe.
Industry Overview -
India is one of the major markets of mechanical seals.
Mechanical seals market has depicted significant growth in the recent years & is likely to grow in the years to come due to rising industrial development in emerging economies.
India is one of the major markets of mechanical seals.
Mechanical seals market has depicted significant growth in the recent years & is likely to grow in the years to come due to rising industrial development in emerging economies.
Industrial Seals market was valued at USD 12.3 Billion in 2020 & is projected to reach USD 16.5 Billion by 2028, growing at a CAGR of 3.6% from 2021 to 2028.
Risks -
• Trade Receivables and Inventories form a substantial part of their current assets & net worth. Failure to manage the trade receivables could have an adverse effect on net sales, profitability, cash flow & liquidity.
• Trade Receivables and Inventories form a substantial part of their current assets & net worth. Failure to manage the trade receivables could have an adverse effect on net sales, profitability, cash flow & liquidity.
• Sealmatic face foreign exchange risks that could adversely affect their results of operations and cashflows.
• Failure to manage our inventory could have an adverse effect on our net sales, profitability, cash flow & liquidity.
• Failure to manage our inventory could have an adverse effect on our net sales, profitability, cash flow & liquidity.
• Any defect in products could result
in cancellation of orders or loss of customers for future orders thereby affecting business, financial condition and results of operations.
in cancellation of orders or loss of customers for future orders thereby affecting business, financial condition and results of operations.
Conclusion -
Industrial Seals market in India is expected to dominate in the coming years.
India is projected to be the leading market in the Asia Pacific region as it is one of the foremost regions in chemical, pharma and oil & gas sectors.
Industrial Seals market in India is expected to dominate in the coming years.
India is projected to be the leading market in the Asia Pacific region as it is one of the foremost regions in chemical, pharma and oil & gas sectors.
Expansion of these segments will generate demand for various seals during the forecast period.
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