What we do De Neers Tools Ltd wholesales and imports a range of hardware tools, specializing in safety and professional hand tools across multiple Indian states with expanding international presence. |
Founded in 2,018 |
Market share Widely accepted by dealers and distributors in India, serving leading OEMs like Tata Steel and Indian Railways. |
Problem solved Addresses the need for durable, specialized safety and professional tools suited for industrial and professional daily use. |
Top clients or who we serve B2B focus serving dealers, distributors, hardware suppliers, and major OEMs such as Tata Steel, Indian Oil, Larsen & Toubro. |
Key management Neeraj Kumar Aggarwal (Managing Director), Shilpy Aggarwal (Whole-time Director), Kanav Gupta (Whole-time Director & CFO). |
Our journey and innovations Started as LLP in 2018, converted to Public Limited in 2021, acquired M/s Deewan Chand Madanlal & Sons, launched IPO in 2023, and established a subsidiary in Dubai in 2024. |
Where we operate Operations primarily in Delhi NCR, Gujarat, Telangana, Bihar, Uttar Pradesh, and expansion to UAE through subsidiary. |
Top products or what we offer Hand tools—spanners, wrenches, pliers, cutters, insulated and non-sparking safety tools, tool kits, and storage solutions. |
Top brands - |
Raw materials needed Steel and specialized metals for manufacturing safety and insulated tools. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily recurring from wholesale trading and import-export activities. |
Our industry position Growing presence in hardware tools wholesale specialized in safety tools; caters to key industrial clients and OEMs. |
Financial highlights FY 2025 revenue Rs 145.6 Cr, net profit Rs 15.8 Cr, reflecting robust growth from Rs 111.6 Cr revenue and Rs 8.7 Cr profit last year. |
Geographical revenue split - |
Order book - |
Whats driving growth Expansion into export markets, strong OEM relationships, product innovation in safety tools, and geographic diversification. |
Our future plans Expand international exports via Dubai subsidiary, broaden product portfolio, and deepen market penetration in India. |
Our green promise - |
Our people and values Committed to ethics, transparency, employee dignity, and a respectful workplace under robust governance standards. |
Key challenges ahead Managing international expansion, market competition, raw material sourcing, and sustaining growth momentum. |
Interesting facts Converted from LLP to Public Limited in 2021; swiftly completed IPO raising Rs 23 Cr; new Dubai subsidiary launched in 2024. |
Risks and strategy Mitigates operational and compliance risks with strong internal controls, governance, and proactive risk management. |
