What we do Aztec Fluids & Machinery Ltd provides industrial coding and marking solutions including printers and inks for diverse sectors such as FMCG, pharma, automotive, and chemicals. |
Founded in 2,010 |
Market share Leading supplier in Indian industrial coding and marking market with over 1,500+ customers across 24 states and expanding international reach. |
Problem solved Challenges of product traceability, batch coding, and marking in manufacturing industries with reliable printers and consumable inks. |
Top clients or who we serve Serving B2B clients in personal care, food & beverage, pharmaceuticals, automotive, electronics, chemicals, and construction materials sectors. |
Key management - |
Our journey and innovations Started importing Leadtech printers in 2013, became official Lead Tech distributor in 2015, launched IPO in 2024, and acquired Jet Inks in 2024 for backward integration. |
Where we operate Pan-India presence with exports to Africa, Middle East, and Asia; manufacturing plants in Ahmedabad and Kheda, Gujarat. |
Top products or what we offer Printers (CIJ, TTO, DOD, NIJ, Laser), colored inks including UV inks, consumables for printers. |
Top brands Leadtech printers (Distributor), Jet Inks (subsidiary manufacturer of inks). |
Raw materials needed Ink base chemicals, solvents, pigments for multi-colored inks. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue includes recurring consumable ink sales and cyclical printer equipment sales. |
Our industry position Recognized CRISIL rated company; ISO 9001:2015 certified; among top Indian coding solution providers. |
Financial highlights For FY 2025, consolidated revenue Rs. 88.42 Cr, net profit Rs. 7.56 Cr, showing steady growth year-on-year. |
Geographical revenue split Majority revenue from India; exports contribute a smaller portion from Africa, Middle East, and Asia. |
Order book - |
Whats driving growth Increased adoption of coding & marking solutions, backward integration via acquisitions, expanding consumables sales, and IPO capital utilization. |
Our future plans Expansion of manufacturing in Kheda, enhancing consumables production, scaling international exports. |
Our green promise - |
Our people and values Employee base of 129 with emphasis on compliance, diversity, and ethics-driven culture. |
Key challenges ahead Managing supply chain, competition, and regulatory compliance while scaling operations internationally. |
Interesting facts Grew printer sales to over 950 units in 2022; IPO raised Rs. 24.12 Cr in 2024; resolved subsidiary banking NPA status in 2026. |
Risks and strategy Addressing risks from market competition, economic environment with focus on R&D, quality control, and diversified customer base. |
