What we do International Combustion (India) Ltd manufactures heavy engineering equipment, geared motors, gear boxes, and dry mix mortars for core industries like steel, mining, and construction. |
Founded in 1,936 |
Market share Well-established player with diversified products and collaborations, catering primarily to Indian core sectors with growing export footprint. |
Problem solved Provides critical industrial machinery and gear solutions increasing efficiency in steel, mining, power, and building materials sectors. |
Top clients or who we serve Core sector industries including steel, mining, power plants, material handling, construction; B2B customers predominantly OEM and industrial users. |
Key management Indrajit Sen (Managing Director, reappointed till 2027), experience in operations and sector leadership. |
Our journey and innovations Founded in 1936, expanded from agents to manufacturer; numerous technical collaborations with Germany, UK, Spain, South Africa, and Austria for advanced machinery. |
Where we operate Primarily India with some international markets; manufacturing units at Nagpur, Baidyabati, Aurangabad, Ajmer. |
Top products or what we offer Grinding mills, industrial gear boxes, geared motors, dry mix mortars, screening machines, and material processing equipment. |
Top brands IC TORQUE DRIVE (Industrial Gear Boxes, launched FY 2024-25), Bauer Geared Motors (licensed from Germany), CAPA Dry Mix Mortar technology. |
Raw materials needed Iron and steel castings, polyurethane, rubber, metal components for gear boxes and heavy machinery. |
Raw materials supplier Not specified; reliant on domestic and international suppliers for raw materials and components. |
Recurring vs cyclical contribution Revenue primarily cyclical, linked to industrial sector demand and project cycles; emerging recurring revenue from building materials division. |
Our industry position Prominent engineering firm with longstanding collaborations; facing sectoral slowdowns but expecting recovery and growth driven by new product verticals. |
Financial highlights FY 2024-25 revenue approx Rs. 293 crores; profit before tax Rs. 16.35 crores; dividend declared 40%. |
Geographical revenue split Domestic revenue ~117 crores; export revenue ~5.6 crores in FY 2020-21. |
Order book Not explicitly stated; company involved in ongoing project deliveries and expanding manufacturing capacity. |
Whats driving growth Recovery in steel, mining sectors; new industrial gear box vertical; expanding building materials market; Make in India support. |
Our future plans Scale-up industrial gear box line under brand IC TORQUE DRIVE; expand marketing reach for building materials; increase capacity and modernize plants. |
Our green promise Implements energy conservation and sustainable practices progressively across manufacturing units. |
Our people and values Focus on employee development, diversity, ethical conduct; zero sexual harassment complaints in latest reported year. |
Key challenges ahead Raw material inflation, supply chain risks, sectoral slowdowns impacting order flow and profitability. |
Interesting facts Company has lineage dating back to 1936 with multiple global technical collaborations; first deliveries of new industrial gear boxes expected mid FY 2025. |
Risks and strategy Mitigates market slowdown risks through diversification and technology tie-ups; pursues Make in India strategy for competitive edge. |
