| Elevator Division | Manufactures elevator cabins, doors, frames, traction machines, and related components. | Integrated product range under one roof; longstanding group legacy; strategic mid-segment focus. | B2B; small-to-medium property developers and institutional clients in India. | Elevator cabins and traction machines showing better profitability. | 62 | 80 | Sales of elevator products and parts to developers and traders. | Traditional sales contracts; no mention of recurring revenue. | Rising urbanization, hospital infrastructure, tier 2/3 city development, and demand for modern elevators. | |
| Steel Polishing Division | Steel polishing services related to elevator components and other steel products. | Complementary to core elevator business; supports product quality and finish. | Industrial clients requiring steel polishing, mostly B2B. | | 16 | 20 | Service revenue from polishing contracts. | Fee-based services. | Demand for finishing and polishing in construction and manufacturing sectors. | |
