What we do H.M. Electro Mech Ltd specializes in infrastructure projects involving water supply, wastewater treatment, pump machinery installation, electrification, and associated civil and mechanical works for government and industrial clients. |
Founded in 2,003 |
Market share Established player in Gujarat's water infrastructure and electrical turnkey project market with government authorization and growing project portfolio. |
Problem solved Addresses government and industry needs for efficient water supply, wastewater management, and power infrastructure through turnkey project solutions. |
Top clients or who we serve Serves Central and State Government bodies, nationalized banks, and industrial clients primarily in infrastructure and water projects; B2G focused. |
Key management Dipak Padmakant Pandya (Chairman & Managing Director), Mahendra Ramabhai Patel (Whole Time Director), Mita Dipak Pandya (Whole Time Director) |
Our journey and innovations Started as a partnership in 2003; converted to public limited in 2018; expanded from pumping machinery to EPC projects including pipelines, WTPs, and SCADA systems. |
Where we operate Operates mainly in Gujarat, India, executing government and industrial infrastructure projects. |
Top products or what we offer Turnkey solutions for pumping machinery supply, installation, water treatment plants, electrical installations, diesel gensets, and instrumentation. |
Top brands No separate brands; known for government-authorized infrastructure EPC projects with project values up to Rs 15+ crores. |
Raw materials needed Pumps, pipes, transformers, motors, electronic accessories, and civil construction materials. |
Raw materials supplier Local and regional suppliers of electrical and mechanical components and civil materials. |
Recurring vs cyclical contribution Revenue primarily from project contracts with some recurring operation and maintenance services. |
Our industry position Steady revenue growth, recognized government contractor with increasing project execution capabilities and financial stability. |
Financial highlights FY 2024-25 revenue Rs. 121.67 crore; net profit Rs. 8.35 crore; consistent 4%+ annual growth. |
Geographical revenue split - |
Order book - |
Whats driving growth Government infrastructure investments, expansion into EPC civil and mechanical works, strategic joint ventures, and addition of electrical installations. |
Our future plans Expand into broader civil and mechanical infrastructure fields leveraging IPO funds, increase project scale, and strengthen technical collaborations. |
Our green promise - |
Our people and values Focused leadership with stable top management; committed workforce ensuring quality and timely project delivery. |
Key challenges ahead Competition in government infrastructure projects, managing project execution complexity, and scaling operations efficiently. |
Interesting facts Authorized by Gujarat Energy Department for electrical installations in 2023; completed 16 projects worth Rs. 132 crores since 2018. |
Risks and strategy Address project execution risks via collaborations; financial prudence post-IPO; focus on compliance and quality to mitigate market risks. |