Company lists
The Thane edition · 2026

Industrial goods and manufacturingcompanies in Thane

Automation, packaging machinery, engineering & fabrication, contract manufacturing, HVAC & safety and more: the companies building industrial goods and manufacturing in Thane, Maharashtra, with their founders, funding, team size and business models.

129 company profiles73 with reported revenue1 with recorded fundingOctober 2026 edition
Thane · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent industrial goods and manufacturing business events in India

Funding, M&A, contract wins and launches involving 8,956 industrial goods and manufacturing companies in India, last 24 months: 313 Contracts · 186 M&A deals · 73 funding rounds · 40 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

John Cockerill India · client: JSW Vijayanagar Metallics

John Cockerill India, along with its wholly owned subsidiary -- John Cockerill Metal International SA (JCMI), has secured a contract from JSW Vijayanagar Metallics. The contract involves…

Metallics
M&AAcquisition · Announced

Akkodis acquires Axiscades

Cyril Amarchand Mangaldas acted as lead global legal counsel to AXISCADES Technologies Limited (“ATL”) in connection with the transfer of its business comprising the provision of…

Engineering Services
M&AAcquisition · Announced

Akkodis India Private Limited, Akkodis UK Limited, and Akkodis Inc. acquires Axiscades

Cyril Amarchand Mangaldas acted as lead global legal counsel to AXISCADES Technologies Limited (“ATL”) in connection with the transfer of its business comprising the provision of…

Engineering Services
ContractInfrastructure

Inphase Power Technologies · client: Kada Kuppam Area Development Authority

As part of its continued growth and expansion strategy, InPhase Power Technologies Pvt. Ltd. is pleased to announce its association with the Kada Kuppam Area Development Authority to…

Industrial
ContractSupply

Master components · client: Na

Master Components Limited (MASE.NS) has officially secured a new domestic supply order valued at 4.7 million Indian rupees.

Industrial Manufacturing
LaunchChassis seal

Parker hannifin

Parker Hannifin's Chomerics division has launched a new chassis seal designed to support advanced cooling and reliability requirements in defence and aerospace electronics.

Defence and aerospace electronics
M&AAcquisition · Announced

Titon holdings acquires G Pack

A synergistic acquisition announced, G Pack , which , if they match last yrs £180K pretax profit , seems a good price at £1m.

Industrials
ContractSupply

Texmaco rail & engineering · client: Vedanta aluminium

India's Vedanta Aluminium Metal Limited has awarded Texmaco Rail & Engineering a Rs286m contract to supply a rake of bogie wagons for the transport of alumina, along with a brake van.

Rail
M&AAcquisition · Announced

Cyient acquires TAO Digital Solutions

Cyient's, $218 million acquisition of TAO Digital is more than a traditional technology services deal.

AI-native data and product engineering
M&AAcquisition · Announced

Manomay tex india acquires Lov Smart Rj-1

Manomay Tex India Ltd has approved the acquisition of a 26 per cent equity stake in Lov Smart Rj-1, a company engaged in renewable energy generation and transmission, as part of its…

Renewable energy generation and transmission
M&AAcquisition · Completed

Cyient acquires Tao Digital

While engineering service provider Cyient bought Tao Digital for $218 million last week

Engineering service provider
M&AAcquisition · Announced

Akkodis acquires Axiscades

The transaction involves Akkodis acquiring 100% of AXISCADES' Engineering Services practice, with the consideration pegged at approximately US$30.63 million.

Engineering Services
M&AAcquisition · Announced

Parker hannifin acquires Circor international

Parker Hannifin Corporation entered into a definitive agreement to purchase the Commercial and Defense Aerospace business of CIRCOR International, Inc. for $2.55 billion in cash.

Aerospace and defense
M&AAcquisition · Announced

Parker-Hannifin Corp. acquires Circor international

Parker-Hannifin Corp. (PH) Thursday announced an agreement to acquire the commercial and defense aerospace of Circor International, Inc. for $2.55 billion.

Commercial and defense aerospace
M&AMerger · Announced

Jsw steel acquires Bmm Ispat

JSW Steel on Thursday said its board has approved raising up to ₹14,000 crore through a mix of non-convertible debentures, warrants and equity-linked instruments, while also clearing the…

Steel
M&AAcquisition · Completed

Krishna defence & allied industries acquires Taharabadkar Solutions Pvt Ltd

KDAIL has completed the acquisition of a 46.81% stake in Taharabadkar Solutions Pvt Ltd (TSPL), a defence-focused startup incorporated on 11th March 2025. The acquisition was completed…

Defence – Smart Weapons & Guided Ammunition Systems
M&AMerger · Completed

Mascot dynamics acquires Amrut Energy Private Limited

Amrut Energy Private Limited, a leading manufacturer of solar-powered water pumping systems, today announced its merger into Mascot Dynamics Private Limited, a diversified engineering…

Solar-powered water pumping systems
M&AAcquisition · Completed

Donaldson company acquires Facet filtration

Donaldson Company has completed its previously announced acquisition of Facet Filtration strengthening its position in technology-led filtration products and solutions.

Filtration
ContractSupply

Hpl electric & power · client: GMR Triveni Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
ContractSupply

Hpl electric & power · client: GMR Kashi Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
ContractInfrastructure

Praxair india · client: Deepak Chem Tech Limited

Deepak Chem Tech Limited (DCTL) ... entered into a long‑term agreement with Praxair India ... to establish a hydrogen and carbon monoxide (HyCO) plant.

Chemical
M&AAcquisition · Completed

Jsw one acquires Buildnext

JSW One Platforms Limited, the e-commerce arm of the $24 billion JSW Group, has concluded the acquisition of tech-enabled construction startup BuildNext.

Tech-enabled construction
M&AAcquisition · Announced

JSW One Platforms acquires BuildNext Construction Solutions

IPO-bound B2B marketplace JSW One Platforms has acquired Pidilite Ventures-backed proptech startup BuildNext Construction Solutions as it looks to expand its presence in India's…

Proptech
FundingMinority investment

Algo8

Chemelex has announced a minority investment in Algo8 to accelerate the adoption of artificial intelligence in manufacturing processes.

Investors Chemelex
Artificial intelligence, data analytics, and digital transformation solutions for enterprises
FundingPreferential issue of convertible warrants

Steel exchange india

Steel Exchange India Limited has received an aggregate amount of ₹75 Crore from M/s India Coke and Power Private Limited and M/s IMR Steel Private Limited towards subscription of…

Investors M/s India Coke and Power Private Limited, M/s IMR Steel Private Limited
Steel manufacturing
M&AAcquisition · Announced

Nandan denim acquires Opera Air (Narmada) Private Limited

Nandan Denim has reported that the Board has approved to buy 6.1 percent share in Opera Air (Narmada) Private Limited.

M&AAcquisition · Announced

Nandan denim acquires Opera Vayu (Narmada) Private Limited

Nandan Denim said that the board has approved the acquisition of a 6.1% equity stake in Opera Vayu (Narmada) Private Limited.

FundingSeed

Intellithink

Intellithink Advanced Hardware & Technology Internet Of Things (IoT) & Hardware B2B $1.8 Mn Seed Pentathlon Ventures, Anicut Capital, Veltis Capital Pentathlon Ventures

Advanced Hardware & Technology
ContractSupply

Elgi equipments · client: Two steel plants

Elgi Equipments Ltd has secured orders from two steel plants for supply of centrifugal air compressors valued at Rs 3.2 crore

M&AAcquisition · Announced

Moschip technologies limited acquires Vayavya labs

MosChip Technologies Limited has approved the acquisition of a 73% stake in Vayavya Labs Private Limited (VLPL) for a total consideration of ₹245.49 crore, the company said in an…

Semiconductor, automotive communication, consumer electronics

Industrial goods and manufacturing companies in Thane, by revenue

Browse industrial goods and manufacturing companies in Thane by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 73 industrial goods and manufacturing companies in Thane, Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Designs, manufactures, and supplies steel products

Manufacturing services
₹631.68 crFY 2023-24
Not reported
1,975+34% 12 mo to Mar 2024LinkedIn · Oct 2026
52 yr1974
0none in 3 months · last posted Jul 2026

Provider of thermal & mechanical design, testing, and engineering services

Manufacturing services
₹485.39 crFY 2023-24
Not reported
44-28% 12 mo to Sep 2024LinkedIn · Oct 2026
16 yr2010
—No postings tracked

Provider of rolling mills, picking lines, and other equipments manufacturing services

Manufacturing services
₹489.96 crFY 2024-25
+62%2024–2025
79LinkedIn · Jul 2026
18 yr2008
1postings · last posted Aug 2026

Company that specializes in designing, developing, and manufacturing firefighting equipment and systems

Industrial safety
₹450.67 crFY 2024-25
+15%2024–2025
164+9% 12 mo to Aug 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months · last posted Jul 2026

Manufacture of dryers, coolers, kilns & calciners

Manufacturing services
₹427.62 crFY 2024-25
+28%2024–2025
306-52% 12 mo to Sep 2024LinkedIn · Oct 2026
39 yr1987
0none in 3 months

Manufactures control valves

Industrial automation equipment
₹311.47 crFY 2024-25
+22%2024–2025
375recorded
41 yr1985
0none in 3 months

Manufacturer of narrow cold rolled mild steel and medium carbon steel strips

Manufacturing services
₹288.02 crFY 2024-25
-7%2024–2025
31LinkedIn · Jul 2026
27 yr1999
0none in 3 months · last posted Jun 2026

Manufacturer of industrial automation equipment

Industrial automation equipment
₹230.15 crFY 2022-23
Not reported
387+2% 12 mo to Sep 2024LinkedIn · Jul 2026
53 yr1973
2postings · last posted Aug 2026

Manufacturer of aluminum extrusion profiles

Manufacturing services
₹236.87 crFY 2024-25
+27%2024–2025
—Not available
12 yr2014
0none in 3 months

Manufacturer of magents

Diversified materials
₹209.21 crFY 2024-25
+2%2024–2025
160+14% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of tyre valves, valve cores, and precision-turned components

Auto components
₹195.66 crFY 2024-25
+7%2024–2025
42LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Industrial marketing organization dealing in rotating and allied equipment

Industrial automation equipment
₹165.78 crFY 2023-24
+39%2023–2024
138LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of engineering services to the petroleum, petrochemical, and heavy industry

Manufacturing services
₹161.73 crFY 2024-25
+27%2024–2025
—Not available
15 yr2011
0none in 3 months

Company that manufactures and supplies electrical equipment, including transformers, for various industries

Manufacturing services
₹126.20 crFY 2024-25
+67%2024–2025
—Not available
6 yr2020
0none in 3 months

Provider of engineering services for industrial applications

Manufacturing services
₹116.53 crFY 2024-25
+87%2024–2025
—Not available
30 yr1996
0none in 3 months

EPC contractor specializing in LPG engineering services for large propane mounded storage facilities

Manufacturing services
₹114.91 crFY 2024-25
-25%2024–2025
105LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Manufacturer of custom retail fixtures

Services for retailers
₹114.66 crFY 2024-25
Not reported
62+19% 12 mo to Aug 2024LinkedIn · Oct 2026
35 yr1991
0none in 3 months

Contract manufacturer of fragrances and aroma chemicals

Contract manufacturers
₹113.93 crFY 2024-25
+45%2024–2025
92+11% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of chain slings, plate lifting clamps & conveyor equipment manufacturing services

Manufacturing services
₹111.11 crFY 2024-25
+30%2024–2025
99LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of manufacturing indigenous devices, controllers, and electronic devices

Manufacturing services
₹99.76 crFY 2024-25
+10%2024–2025
125LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Provider of crane and boom lift rental services

Manufacturing services
₹99.01 crFY 2024-25
+18%2024–2025
64+18% 12 mo to Jul 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer and developer of HVAC&R products, including heat exchangers, pressure switches, and accumulators

Manufacturing services
₹96.62 crFY 2024-25
+24%2024–2025
138LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Provider of design, supply, and installation services on a turnkey basis for electrical, instrumentation, and automation for plant projects

Manufacturing services
₹95.52 crFY 2024-25
+2%2024–2025
88+6% 12 mo to Sep 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Company specializes in the manufacturing of electronic and electrical auto components

Manufacturing services
₹92.80 crFY 2024-25
-58%2024–2025
—Not available
26 yr2000
0none in 3 months

Manufacturer of custom forgings for various industries

Manufacturing services
₹65.27 crFY 2024-25
-12%2024–2025
4LinkedIn · Jul 2026
42 yr1984
0none in 3 months
50 of 129 companies shown here · the full list is on Radar
Fliar Radar

Explore all 129 industrial goods and manufacturing companies in Thane on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open industrial goods and manufacturing in Thane on Radar
  • Every company, not just 50All 129 industrial goods and manufacturing companies in Thane, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore industrial goods and manufacturing companies in Thane by what you are looking for

Browse top industrial goods and manufacturing companies in Thane, from valve and automation makers to packaging machinery builders. You can also find industrial manufacturing startups in Thane and listed manufacturers.

9 ways to explore industrial goods and manufacturing in Thane

Industrial automation equipment & valve manufacturersPackaging machinery manufacturersEngineering, steel & fabrication companiesContract & private-label manufacturersIndustrial HVAC & safety equipment makersManufacturing technology & industrial IoT companies

Industrial automation equipment & valve manufacturers

Makers of valves, actuators, controls, motors and automation equipment.

  1. Dembla Valves

    Manufactures control valves

    Industrial automation equipment
    See in list
  2. Nirmal Industrial Controls

    Manufacturer of industrial automation equipment

    Industrial automation equipment
    See in list
  3. Accura Valves

    Manufacturer of tyre valves, valve cores, and precision-turned components

    Auto components
    See in list
  4. Mascot Dynamics

    Industrial marketing organization dealing in rotating and allied equipment

    Industrial automation equipment
    See in list
  5. Chemtech Industrial Valves

    Designs and manufactures industrial valves

    Industrial automation equipment
    See in list

Packaging machinery manufacturers

Builders of filling, sealing, wrapping and labelling machines.

  1. Wraptech Machines

    Manufacturer of filling and packing machines

    Foodservice equipment
    See in list
  2. YASH Group

    Manufacturer of wrapping, palletizing, and other packaging machines

    Packaging machinery
    See in list
  3. Packwell Technologies

    Manufacturer of filling and customized flexible packaging machinery

    Packaging machinery
    Website
  4. Aurum Packaging Systems

    Manufacturer of capping and shrink sleeving machines

    Packaging machinery
    Website
  5. Asb International

    ASB International Pvt. Ltd. is manufacturer of PET bottles Molding Machinery.

    Packaging machinery
    Website

Engineering, steel & fabrication companies

Manufacturers of steel, rolling mills, heavy equipment and engineered products.

  1. Lloyds Steels

    Designs, manufactures, and supplies steel products

    Manufacturing services
    See in list
  2. JNK India

    Provider of thermal & mechanical design, testing, and engineering services

    Manufacturing services
    See in list
  3. Kilburn Engineering

    Manufacture of dryers, coolers, kilns & calciners

    Manufacturing services
    See in list
  4. VNS Industries

    Manufacturer of narrow cold rolled mild steel and medium carbon steel strips

    Manufacturing services
    See in list
  5. Choudhary Multispeciality Engineers

    Provider of engineering services to the petroleum, petrochemical, and heavy industry

    Manufacturing services
    See in list

Contract & private-label manufacturers

Contract makers of cosmetics, chemicals, plastics and custom products.

  1. Aquila Organics

    Contract manufacturer of fragrances and aroma chemicals

    Contract manufacturers
    See in list
  2. Viva Cosmetics

    Manufacturer of a range of color cosmetics products

    Contract manufacturers
    See in list
  3. Nikole Kozmetics

    Manufacturer specializing in private-label and third-party production of high-quality skincare, hair care, and personal care products

    Contract manufacturers
    Website
  4. Prabha Impex

    Contract manufacturer of plastic bottles

    Contract manufacturers
    Website
  5. Garry17

    Contract based manufacturer of clothes

    Contract manufacturers
    Website

Industrial HVAC & safety equipment makers

Heat exchangers, chillers, air handling units and fire and gas safety equipment.

  1. HD Fire Protect

    Company that specializes in designing, developing, and manufacturing firefighting equipment and systems

    Industrial safety
    See in list
  2. Coatsman

    Provider specializing in scaffolding, coating, safety teams, and safety training solutions, catering to the needs of various industries across India

    Industrial safety
    See in list
  3. SRK Heat Exchangers

    Manufacturer of industrial heat exchanger, chiller, and process oil cooling equipment

    Industrial air conditioning systems
    Website
  4. Pollution Protection System

    Manufacturer of gas detectors, fire alarm systems, gas monitors, and warning signals

    Industrial safety
    Website
  5. S M Enterprises

    Provider of fire safety equipment, fire alarm systems, and installation services

    Industrial safety
    Website

Manufacturing technology & industrial IoT companies

Software and robotics for production, SCADA and predictive maintenance.

  1. Avantrex

    Manufacturer of horizontal drilling machines and robotics solutions for utilities

    Manufacturing tech
    Website
  2. Samiep

    Automatic formulation-based batch production software

    Manufacturing tech
    Website
  3. Prysmato

    Designs and develops actuators and field gateways to provide industrial solutions

    Manufacturing tech
    Website
  4. FormFour

    Provider of predictive maintenance solutions for the manufacturing sector

    Manufacturing tech
    Website
  5. Simatech Automation

    SCADA & HMI solutions provider

    Manufacturing tech
    Website

Industrial manufacturing startups in Thane

Recently founded industrial goods and manufacturing companies in Thane.

  1. 3r MassFin

    Provider of mass finishing machines, magnetic polishing machines, and centrifugal disc finishing machines for industrial applications

    Manufacturing services
    Website
  2. Rijvin Sewing

    Provider of sewing solutions for textile industry

    Manufacturing services
    Website
  3. Trajectron

    Provider of trajectory forecasting solutions with dynamically-feasible modeling capabilities

    Manufacturing services
    Website
  4. J V ELECTRICALS INDIA

    Manufacturer of all kinds of AC Drive / VFD, AC Drive Control Panel

    Industrial automation equipment
    Website
  5. Avantrex

    Manufacturer of horizontal drilling machines and robotics solutions for utilities

    Manufacturing tech
    Website
12 companies in Thane

Industrial goods and manufacturing companies hiring in Thane

Manufacturers with open roles right now.

  1. Lloyds Steels

    Designs, manufactures, and supplies steel products

    Manufacturing services
    See in list
  2. Esmech Equipment

    Provider of rolling mills, picking lines, and other equipments manufacturing services

    Manufacturing services
    See in list
  3. HD Fire Protect

    Company that specializes in designing, developing, and manufacturing firefighting equipment and systems

    Industrial safety
    See in list
  4. VNS Industries

    Manufacturer of narrow cold rolled mild steel and medium carbon steel strips

    Manufacturing services
    See in list
  5. Nirmal Industrial Controls

    Manufacturer of industrial automation equipment

    Industrial automation equipment
    See in list
10 companies in Thane

Listed industrial goods and manufacturing companies in Thane

Publicly traded manufacturers based in Thane.

  1. Lloyds Steels

    Designs, manufactures, and supplies steel products

    Manufacturing services
    See in list
  2. JNK India

    Provider of thermal & mechanical design, testing, and engineering services

    Manufacturing services
    See in list
  3. Kilburn Engineering

    Manufacture of dryers, coolers, kilns & calciners

    Manufacturing services
    See in list
  4. Permanent Magnets

    Manufacturer of magents

    Diversified materials
    See in list
  5. Safe Enterprises

    Manufacturer of custom retail fixtures

    Services for retailers
    See in list
9 companies in Thane
The business behind the activity

Industrial goods and manufacturing financials in Thane

Revenue, profit and growth from the filed annual accounts of 63 industrial goods and manufacturing companies in Thane, Maharashtra for FY24-25 — 74 of the 129 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 43% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹5,545.66 cr

63 companies filing accounts

combined net profit₹508.83 cr

9.2% aggregate margin

are profitable92%

58 of 63 companies

median revenue~₹23.3 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five43%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,458.06 crFY19-2057 filers
₹2,134.58 crFY20-2160 filers
₹2,879.31 crFY21-2261 filers
₹3,933.02 crFY22-2364 filers
₹5,144.57 crFY23-2469 filers
₹5,545.66 crFY24-2563 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 57 companies over three years

+40%
FY22-23₹3,729.22 cr₹276.46 cr net
FY23-24₹4,603.39 cr₹380.37 cr net
FY24-25₹5,235.47 cr₹504.41 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr367% profitable
₹1–10 cr2190% profitable
₹10–100 cr2291% profitable
₹100–1,000 cr17100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking20
0–20%16
20–50%13
50–100%7
Doubled+5

61 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

58profitable
5loss-making
9.2%aggregate margin
3.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Tomasetto Achille IndiaTOMASETTO ACHILLE INDIA PRIVATE LIMITED
Lansh EngineeriingLANSH ENGINEERING PRIVATE LIMITED+87%₹116.53 cr
De VoltransDE VOLTRANS PRIVATE LIMITED+67%₹126.20 cr
Esmech EquipmentESMECH EQUIPMENT PRIVATE LIMITED+62%₹489.78 cr
CoatsmanCOATSMAN OFFSHORE SERVICES PRIVATE LIMITED
Electroforce IndiaELECTRO FORCE (INDIA) LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
HD Fire ProtectHD FIRE PROTECT LIMITED24.2%₹450.67 cr
Chemtech Industrial ValvesCHEMTECH INDUSTRIAL VALVES LIMITED
Kilburn EngineeringKILBURN ENGINEERING LTD16.2%₹338.00 cr
SealmaticSEALMATIC INDIA LIMITED
Lloyds SteelsLLOYDS ENGINEERING WORKS LIMITED12.8%₹777.96 cr
Nirmal Industrial ControlsNIRMAL INDUSTRIAL CONTROLS PRIVATE LIMITED12.7%₹243.95 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services32₹3,704.25 cr~₹64.4 cr97%7.8%
Industrial automation equipment12₹656.49 cr~₹7.1 cr83%11.2%
Packaging machinery5₹67.66 cr~₹8.7 cr100%4.3%
Leaders

Largest industrial goods and manufacturing companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Lloyds SteelsLLOYDS ENGINEERING WORKS LIMITED₹777.96 cr₹99.73 cr12.8%+23%
Esmech EquipmentESMECH EQUIPMENT PRIVATE LIMITED₹489.78 cr₹51.73 cr10.6%+62%
HD Fire ProtectHD FIRE PROTECT LIMITED₹450.67 cr₹109.20 cr24.2%+15%
Kilburn EngineeringKILBURN ENGINEERING LTD₹338.00 cr₹54.82 cr16.2%+14%
Dembla ValvesDEMBLA VALVES LTD₹311.47 cr₹32.61 cr10.5%+22%
VNS IndustriesVNS INDUSTRIES PRIVATE LIMITED₹288.02 cr₹3.90 cr1.4%-7%
Nirmal Industrial ControlsNIRMAL INDUSTRIAL CONTROLS PRIVATE LIMITED₹243.95 cr₹30.89 cr12.7%-17%
RamcoRAMCO EXTRUSION PRIVATE LIMITED₹236.87 cr₹2.94 cr1.2%+27%
Permanent MagnetsPERMANENT MAGNETS LIMITED₹204.08 cr₹15.17 cr7.4%-1%
Accura ValvesACCURA VALVES PRIVATE LIMITED₹195.66 cr₹11.44 cr5.8%+7%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Industrial Goods and Manufacturing Landscape of India

The financials above are one chapter. The full industrial goods and manufacturing landscape of Thane maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the industrial goods and manufacturing landscape of Thane
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Industrial goods and manufacturing funding and M&A across India

587 recorded equity rounds have gone to 8,956 industrial goods and manufacturing companies in India — how much, at which stage, into which sub-sectors, from whom, and how Thane compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months27

US$314.73m

equity rounds, last 24 months82

US$932.07m

raised over five yearsUS$2.73bn

334 rounds in India

M&A deals, India186

last 24 months

Capital by year

Equity funding into industrial goods and manufacturing in India

amount rounds
$22m201831
$82m201944
$52m202041
$740m202176
$381m202271
$360m202354
$396m202460
$543m202550
$308m202623

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$739.80m across 76 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$8.88m40 rounds · median US$92k
SeedUS$172.87m180 rounds · median US$596k
Series AUS$478.02m67 rounds · median US$4.90m
Series BUS$446.35m21 rounds · median US$20.84m
Series CUS$331.47m7 rounds · median US$40.00m
Series D+US$1.07bn12 rounds · median US$100.00m
Private equityUS$221.90m7 rounds · median US$33.17m
Where the money went · five years

Most-funded sub-sectors

B2b e-commerceUS$946.33m20 rounds · 6 companies
Contract manufacturersUS$498.58m38 rounds · 21 companies
Manufacturing servicesUS$407.20m27 rounds · 18 companies
Manufacturing techUS$285.53m113 rounds · 52 companies
Electronic manufacturing servicesUS$132.84m3 rounds · 2 companies
Aircraft parts and sub component manufacturersUS$97.61m4 rounds · 2 companies
Business intelligenceUS$58.00m2 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

176Acquisition
8Merger
1Takeover

Most active acquirers

  1. Parker hannifin8
  2. Cyient7
  3. Amber enterprises india7
  4. Circor international7
  5. Dixon technologies7

Most acquired or merged

  1. Axiscades3
  2. Gupta Power Infrastructure3
  3. A-1 sureja industries3
  4. Shaily engineering plastics3
  5. Altek electronics3

Each deal appears in the events strip at the top of the page.

Go deeper in the industrial goods and manufacturing landscape reports:

Industrial Goods and Manufacturing Landscape of India

Founders and momentum in Thane

Meet the people behind industrial goods and manufacturing companies in Thane. 44 of 129 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Thane industrial goods and manufacturing companies by sub-sector

The most common specialisations among industrial goods and manufacturing companies in Thane. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring industrial goods and manufacturing in India and nearby markets.

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