What we do Emkay Taps & Cutting Tools Ltd manufactures precision cutting tools and operates wind power generation facilities in India. |
Founded in 1,995 |
Market share Pioneer in precision cutting tools with strong presence in industrial segments; maintains niche in wind power generation. |
Problem solved Provides high-quality cutting tools with advanced technology to improve manufacturing efficiency; promotes renewable energy via wind power generation. |
Top clients or who we serve Industrial manufacturers requiring cutting tools; power buyers in Karnataka and Rajasthan; serves B2B clients. |
Key management Ajayprakash Kanoria, Chairman & Managing Director; Alka Kanoria, Whole Time Director; Vishnu Sontakke, CFO. |
Our journey and innovations Incorporated in 1995; introduced CNC machines in 2009; expanded wind power capacity since 2008; underwent demerger in 2024. |
Where we operate India, primarily Maharashtra, Karnataka, Rajasthan; wind power assets in Karnataka and Rajasthan. |
Top products or what we offer High-performance taps and cutting tools using CNC technology; wind power generation through three wind mill units. |
Top brands Emkay precision taps - recognized for consistent quality and advanced grinding technology; Wind power units operated by Suzlon and Wind World India. |
Raw materials needed Specialized steel and alloys for cutting tools; equipment and turbines for wind power units. |
Raw materials supplier - |
Recurring vs cyclical contribution Tools business transitioned out due to demerger; current revenue is primarily from power generation and legacy other operations. |
Our industry position Niche leader in cutting tools prior to demerger; stable player in renewable wind power generation in India. |
Financial highlights FY25 revenue impacted by demerger with Rs.418.65 million from continuing operations; profit stands at Rs.268.16 million. |
Geographical revenue split Revenue mainly from Indian operations with wind farms in Karnataka and Rajasthan. |
Order book - |
Whats driving growth Renewable energy expansion, regulatory support for wind power, and strategic restructuring via demerger. |
Our future plans Focus on expanding power generation portfolio; possible diversification into energy trading and commodities. |
Our green promise Operates wind mill projects supporting clean energy and sustainability practices. |
Our people and values Committed leadership with stable management team; focus on corporate governance, ethics, and safety. |
Key challenges ahead Adjusting to business model post-demerger; expanding wind power amid market competition and regulatory changes. |
Interesting facts Among early adopters of advanced CNC grinding machines in India’s cutting tool industry. |
Risks and strategy Mitigating market shifts by focusing on power segment; leveraging renewable energy sector growth and operational efficiency. |
