What we do Acrow India Ltd manufactures and markets steel formwork, scaffolding systems, industrial storage solutions, and operates in cotton yarn manufacturing, processing, trading, and real estate development. |
Founded in 1,960 |
Market share Established player in construction equipment and emerging in textile and real estate sectors. |
Problem solved Provides modern, efficient construction support systems and diversified industrial products addressing construction and textile industry needs. |
Top clients or who we serve Construction companies, textile industry players, and real estate sector clients; B2B and B2C approaches. |
Key management Managing Director Mr. Gopal Agrawal, and Whole-Time Directors Mr. Shyam Agrawal, and Mr. Sanjay Trilokchand Agrawal. |
Our journey and innovations Founded in 1960 as Indo-UK joint venture; transitioned fully Indian; expanded in industrial storage, textile manufacturing, and real estate. |
Where we operate India, primarily Maharashtra; plans to grow further in textile manufacturing and real estate developments. |
Top products or what we offer Steel formwork and scaffolding systems, industrial storage solutions, cotton yarn manufacturing, and real estate development offerings. |
Top brands Acrow steel formwork solutions (well-recognized in India), industrial storage systems, and emerging cotton yarn products. |
Raw materials needed Steel for formwork and scaffolding; cotton for yarn manufacturing; construction materials for real estate. |
Raw materials supplier Various domestic suppliers of steel and cotton; local sourcing for construction materials in Maharashtra. |
Recurring vs cyclical contribution Revenue includes recurring equipment sales and cyclical income from textile and real estate sectors. |
Our industry position Mid-sized Indian company with steady presence in construction equipment sector and expanding in textiles and real estate. |
Financial highlights FY 2024-25 revenue Rs. 5.74 Cr with net loss of Rs. 0.88 Cr; growing from previous Rs. 2.81 Cr revenue and profit Rs. 1.02 Cr. |
Geographical revenue split Predominantly domestic revenue from Maharashtra with minimal exports. |
Order book - |
Whats driving growth Renewed focus on textile manufacturing, bagging machinery, and real estate development drives growth potential. |
Our future plans Expanding cotton yarn manufacturing, enhancing real estate projects, and diversifying industrial machinery portfolio. |
Our green promise - |
Our people and values Led by experienced promoters with stable leadership; emphasizes ethical governance and compliance. |
Key challenges ahead Managing transition to new sectors while maintaining profitability and market competitiveness. |
Interesting facts Transitioned from UK joint venture to fully Indian ownership; diversified from construction equipment to textiles and real estate. |
Risks and strategy Sectoral diversifications pose risks; focused on strategic investments and operational efficiencies to mitigate. |