What we do Fine Line Circuits Ltd manufactures advanced printed circuit boards, specializing in multi-layer, high copper, impedance controlled, and rigid-flex PCBs for global markets. |
Founded in 1,989 |
Market share Known for quality and precision, a niche player serving USA, Germany, India, and 14 other countries with specialized PCB solutions. |
Problem solved Provides rapid, small volume PCB production with high complexity and reduced lead times, enabling electronics manufacturers to meet evolving technology needs. |
Top clients or who we serve Serves electronics manufacturing industries in defense, space (including ISRO), and telecom sectors; predominantly B2B markets in USA, Germany, India. |
Key management Abhay Doshi (Managing Director), Rajiv Doshi (Wholetime Director) |
Our journey and innovations Started in 1989; expanded PCB offerings to high-count multi-layer and rigid-flex boards by 2023; developed new products and penetrated new global markets. |
Where we operate Operations based in Mumbai; exports to USA, Germany, India, and 14 other countries worldwide. |
Top products or what we offer Multi-layer PCBs (up to 24 layers), impedance-controlled PCBs, high copper boards, backplane PCBs, rigid-flex boards, and special RF microwave PCBs. |
Top brands Fine Line Circuits - trusted PCB solutions brand with global reach and multiprogram capabilities. |
Raw materials needed Copper, resin materials, specialty laminates, and advanced PCB substrates. |
Raw materials supplier Supplied by global and domestic vendors certified for high-quality PCB raw materials. |
Recurring vs cyclical contribution Revenue largely recurring from steady industrial and defense PCB demand; innovation expands cyclical product sales. |
Our industry position Niche player in high-tech PCB manufacturing with strong presence in specialized defence and space sectors. |
Financial highlights FY 2024-25 revenue Rs. 30.37 crore; net profit Rs. 0.2 crore; steady growth driven by exports and new product lines. |
Geographical revenue split Main markets USA, Germany, India; exports to 14 countries contributing significant revenues. |
Order book Order pipeline expanding with entry into new markets and sectors like space and defense. |
Whats driving growth Growth fueled by new product pipeline, penetration into space and defense sectors, and innovation in microwave PCB technology. |
Our future plans Focus on new PCB technologies, expanding global footprint, and enhancing production for defense and space industries. |
Our green promise - |
Our people and values Committed team culture emphasizing quality, continuous improvement, and customer focus; zero tolerance policy on workplace harassment. |
Key challenges ahead Competitive pricing pressures, technology upgrades, supply chain stability, and expanding exports amid global competition. |
Interesting facts Legacy supplier to ISRO; producing high-count multi-layer PCBs up to 24 layers; operates in SEEPZ-SEZ Mumbai. |
Risks and strategy Addressing competition and market risks via continuous innovation, diversification, and developing new markets. |
