Fluidomat - Fluidomat

📊 BSE: 522017 🏢 Industrial Products 📅 Last Updated: 11/13/2025 15:25

💰 Financial Performance

Revenue Growth by Segment

The company operates in a single segment (Fluid Couplings) which achieved a revenue growth of 28% over the previous financial year.

Geographic Revenue Split

Domestic sales dominate the revenue mix, while export sales and services contributed INR 2.19 Cr (INR 219.05 Lakhs) during the 2024-25 period, a decrease from INR 2.79 Cr in the previous year.

Profitability Margins

The company reported a Profit Before Tax (PBT) margin of 39.40%, reflecting strong operational resilience and cost efficiency.

EBITDA Margin

EBITDA margin stood at 40.64% for the financial year 2024-25, driven by a disciplined approach to cost management despite broad-based cost pressures.

Capital Expenditure

The company is actively investing in modernizing its production and design capabilities; however, specific INR Cr values for planned CAPEX were not disclosed in the available documents.

⚙️ Operational Drivers

Raw Materials

General engineering materials for 'Fluid Couplings' and 'Flexible Couplings' (typically steel and aluminum castings), though specific material cost percentages were not disclosed.

Capacity Expansion

The company is modernizing production and design capabilities to support growth; current and planned capacity in units/MT was not specified.

Raw Material Costs

The company noted broad-based cost pressures in raw materials, managing them through operational excellence to maintain a 40.64% EBITDA margin.

Manufacturing Efficiency

Efficiency is maintained through ISO 9001:2015 (Quality), ISO 14001:2015 (Environment), and ISO 45001:2018 (Health & Safety) certifications.

📈 Strategic Growth

Expected Growth Rate

28%

Growth Strategy

Growth is targeted through the modernization of production/design, R&D for new coupling types, and deeper penetration into the Oil and Petroleum refinery sector. The company is also leveraging the Indian Government's focus on infrastructure growth to secure more capital goods orders.

Products & Services

Fluid Couplings and Flexible Couplings used in industrial applications.

Brand Portfolio

Fluidomat.

New Products/Services

Development of new types of couplings and ongoing R&D for market penetration; specific revenue contribution percentages for new products were not disclosed.

Market Expansion

Successful penetration into the Oil and Petroleum refinery sector and booking 7 new projects through tenders.

🌍 External Factors

Industry Trends

The capital goods industry is currently benefiting from a broad-based recovery and government infrastructure spending, with the company positioning itself through technological innovation and sector diversification.

Competitive Landscape

The company faces competition in the general engineering and fluid coupling market; competitor strategies are listed as a primary business risk.

Competitive Moat

The moat is built on specialized technological capabilities in hi-tech fluid couplings and deep customer relationships across diverse industries, which are sustainable due to high switching costs and technical requirements.

Macro Economic Sensitivity

Highly sensitive to Indian infrastructure growth and industrial CAPEX cycles in sectors like Power, Steel, and Mining.

Consumer Behavior

Industrial customers are increasingly prioritizing health, safety, and environmental standards (ISO certifications) and technological modernization.

Geopolitical Risks

Global economic developments are monitored as potential risks to export demand and raw material supply chains.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by the Companies Act 2013 and SEBI (LODR) Regulations; no specific industry-specific restrictive acts were noted for general engineering goods.

Environmental Compliance

The company is ISO 14001:2015 certified; it spent INR 19.95 Lakhs on CSR activities, with an unspent balance of INR 5.20 Lakhs to be transferred to the Prime Minister National Relief Fund.

Taxation Policy Impact

The company reported a PBT of 39.40%, with financial statements prepared in compliance with Indian Accounting Standards (IND-AS).

Legal Contingencies

The company settled an IBC Section 9 case against BGR Energy Systems Limited on 08.10.2024 and subsequently filed a withdrawal memo with the NCLT.

⚠️ Risk Analysis

Key Uncertainties

Primary uncertainties include raw material price volatility and the impact of economic developments on industrial demand, potentially impacting margins by an unspecified percentage.