Sheet Metal Stampings & Assemblies
INVESTMENT OPPORTUNITY
SHEET METAL STAMPINGS & ASSEMBLIES
PROPRIETARY INVESTMENT MEMORANDUM | CHAKAN, PUNE
M&A ADVISORY SERVICES PROVIDED BY:
CA Dhiraj Ostwal & Co.
YOUR VISION, OUR EXPERTISE— SEAMLESS M&A SOLUTIONS.
PRIVATE & CONFIDENTIAL
NOT AN OFFER FOR SALE
Business Overview
A 25+ year old, consistently profitable sheet metal stampings and assemblies manufacturing firm located in Chakan Industrial Area, Pune. The company serves diverse domestic and global customers, supplying precision-engineered metal components used across multiple industrial sectors.
Strategic Location
Operating from Chakan Industrial Area - Pune's largest automotive and industrial manufacturing cluster, providing proximity to major OEMs and Tier-1 suppliers.
Industry Applications
Key Investment Highlights
✓Long-Standing Legacy
- Established in 2000 with 25+ years of domain expertise
- Strong market reputation and long-term customer relationships
- Proven track record of consistent operations and delivery excellence
✓High-Margin Business Model
- Net Profit Margins consistently between 15–20% over five years
- Stable profitability even during fluctuations in sales
- Efficient cost structure and operational excellence
✓Diversified Customer Base & Geography
- Exports to EU, USA, Canada, South America, and Middle East
- Domestic presence across Maharashtra, Karnataka, Gujarat, and UP
- Export contribution ranging from 35% to 76% across five years
✓Export-Ready Infrastructure
- Comprehensive quality systems and inspection setup
- Established logistics and documentation capabilities
- Strong relationships with international customers
✓Efficient Workforce Model
- Team includes 5 staff and 12–15 contract workers
- Operating in a single shift with scope for expansion
- Highly stable and experienced workforce
Financial Performance (FY 2021-22 to 2025-26)
Detailed Financial Summary
| Metric | 2022-23 | 2023-24 | 2024-25 | 2025-26 (till December) |
|---|---|---|---|---|
| Sales | ₹3.22 Cr | ₹5.51 Cr | ₹6.44 Cr | ₹4.19 Cr |
| Gross Profit | ₹0.79 Cr | ₹1.20 Cr | ₹1.73 Cr | ₹0.97 Cr |
| Net Profit | ₹0.54 Cr | ₹0.85 Cr | ₹1.32 Cr | ₹0.85 Cr |
| EBITDA | ₹58.75 L | ₹1.05 Cr | ₹1.36 Cr | ₹91.11 L |
| EBITDA % | 18.22% | 19.00% | 21.06% | 21.73% |
| Current Assets | ₹1.28 Cr | ₹1.20 Cr | ₹2.48 Cr | ₹1.31 Cr |
| Current Liabilities | ₹0.09 Cr | ₹0.26 Cr | ₹0.86 Cr | ₹0.07 Cr |
Financial Strength: Solid, consistently profitable SME manufacturing unit with impressive EBITDA margins (10.6-21.7%), clean books, and efficient working capital management. Note the exceptional margin improvement and very low current liabilities (₹7-86 lakhs), demonstrating strong cash flow and minimal creditor pressure.
Infrastructure & Manufacturing Assets
Facility Specifications
Manufacturing Equipment - Power Presses
- 32 Ton Power Press
- 40 Ton Power Press
- 63 Ton Power Press
- 80 Ton Power Press
- 110 Ton Power Press
- 150 Ton Wasino Power Press
Welding & Fabrication Equipment
- Welding SPMs (Special Purpose Machines)
- TIG Welding Equipment
- Spot Welding Machines (2025)
- Vibro Deburring System
- Band Saw
- Belt Grinders
- Screw Compressor (25 HP)
Tool Room Capabilities
- Lathe Machine
- Surface Grinders (2 units)
- Drill Machines (1" and ½")
- Complete tooling infrastructure
Quality Systems & Technology Infrastructure
Quality & Inspection Equipment
Material Handling Infrastructure
- 15+ Tool Racks for organized storage
- 100+ Plastic Bins for component management
- Lifting Trolley for heavy components
- Multiple material handling trolleys
- Efficient warehouse organization system
IT & Software Infrastructure
| Software/System | Application |
|---|---|
| Tally | Financial Accounting & Management |
| ActCad | Computer-Aided Design |
| SolidEdge | 3D CAD Modeling |
| ZWCad | Technical Drawing & Design |
| ERP Modules | Production Planning & Management |
| Computers & Laptops | Complete IT Infrastructure |
Market Presence & Customer Portfolio
Geographic Revenue Distribution
Export vs Domestic Sales Mix
| Year | Export % | Domestic % |
|---|---|---|
| 2021-22 | 76.28% | 23.72% |
| 2022-23 | 64.08% | 35.92% |
| 2023-24 | 35.23% | 64.77% |
| 2024-25 | 35.04% | 64.96% |
| 2025-26 | 64.21% | 35.79% |
Customer-Wise Revenue Breakdown (% of Sales)
| Since | Location | Sector | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 |
|---|---|---|---|---|---|---|---|
| 2014 | EU | Emission Control | 34.18% | 37.50% | 12.40% | 10.43% | 17.56% |
| 2019 | EU | Ride Control | 27.19% | 0.00% | 0.30% | 0.03% | 1.37% |
| 2014 | EU | Ride Control | 2.28% | 0.95% | 0.00% | 0.32% | 0.84% |
| 2014 | USA | Ride Control | 3.67% | 5.40% | 1.00% | 1.55% | 2.01% |
| 2021 | USA | Furniture Hardware | 6.62% | 0.00% | 0.00% | 0.00% | 5.35% |
| 2019 | South America | Emission Control | 1.99% | 11.63% | 17.40% | 11.44% | 14.79% |
| 2021 | Mid East | Railways | 0.35% | 0.20% | 0.03% | 0.00% | 0.00% |
| 2022 | Domestic | Mixed | 1.83% | 10.54% | 4.14% | 13.40% | 1.67% |
| 2013 | Domestic | Auto Lighting | 1.01% | 0.98% | 0.50% | 0.00% | 0.00% |
| 2014 | Domestic | Home Security | 5.64% | 11.40% | 4.00% | 0.00% | 0.00% |
| 2022 | Domestic | Engine Cooling | 0.81% | 0.00% | 0.20% | 0.46% | 0.49% |
| 2022 | Domestic | Green Energy | 0.00% | 1.60% | 50.40% | 42.81% | 24.19% |
| 2022 | North America | Security | 0.00% | 2.00% | 2.00% | 10.44% | 19.39% |
| 2022 | North America | General | 0.00% | 6.40% | 2.10% | 0.83% | 2.90% |
| 2009 | MS Scrap | Metal Scrap | 5.20% | 4.10% | 1.53% | 1.33% | 2.73% |
| 2009 | Other Scrap | Metal Scrap | 7.42% | 7.30% | 4.00% | 6.97% | 6.72% |
Key Insight: Revenue mix demonstrates flexibility with export contribution ranging from 35% to 76%. Notable growth in Domestic Green Energy sector (0% to 50.4% in 2023-24) and North America Security (0% to 19.4% in 2025-26), showcasing ability to capture emerging opportunities.
Investment Rationale
This sheet metal stampings and assemblies manufacturing business presents a compelling investment opportunity for strategic or financial investors seeking a profitable, well-established manufacturing operation.
Growth Opportunities
- Expand to multi-shift operations for increased capacity
- Implement automation and Industry 4.0 technologies
- Diversify customer base in high-growth sectors
- Leverage location advantage in Chakan industrial cluster
Valuation Summary
The valuation comprises business value, fixed assets, and net current assets to be adjusted at actuals.
| Component | Description | Value (₹ Cr) |
|---|---|---|
| Business Value |
|
4.00 |
| Land & Building |
|
3.25 |
| Net Current Assets |
Debtors + Stock − Creditors |
At Actuals |
| Total Valuation | ₹7.25 Cr + Net Current Assets (at actuals) | |
Valuation Note: Net Current Assets (Debtors + Stock − Creditors) will be considered at actuals at the time of finalization. This is in addition to the business value and land & building.
Valuation Note: Debtors + Stock − Creditors will be considered at actuals at the time of finalization. This is in addition to the goodwill amount.
NEXT STEPS: STRATEGIC M&A INQUIRY
We look forward to partnering with you to unlock this investment opportunity.
CA DHIRAJ OSTWAL & Co.
Your Vision, Our Expertise— Seamless M&A Solutions.
**Private & Confidential:** This document contains confidential information and is not an offer for sale.
Sheet Metal Stampings & Assemblies Manufacturing | Private & Confidential
CA Dhiraj Ostwal & Co. (M&A Advisory)
Slide: 9 of 9