What we do International Conveyors Ltd manufactures and markets solid woven PVC conveyor belting primarily for mining and bulk material transportation globally. |
Founded in 1,973 |
Market share Holds around 45% share of India's underground PVC mine conveyor belt market and is among the world's largest in solid woven belting. |
Problem solved Provides durable, fire retardant, anti-static conveyor belts critical for efficient bulk material transport in mining and industries. |
Top clients or who we serve Serves international mining companies in Canada, USA, Australia and major Indian coal and cement industries; B2B model. |
Key management Yogesh Kajaria (Chairman & Managing Director); Ashok Kumar Gulgulia (Chief Financial Officer). |
Our journey and innovations Established in 1973; expanded internationally since early 2000s; developed tailor-made belting products; key supplier in potash mining. |
Where we operate India, USA, Canada, Australia, South Africa, Europe with manufacturing plants in Maharashtra and West Bengal. |
Top products or what we offer PVC fire resistant antistatic solid woven conveyor belting with strengths up to type 18, catering to mining and industrial sectors. |
Top brands No specific brand names reported; key product is PVC fire resistant antistatic solid woven conveyor belting. |
Raw materials needed Yarn, fabric, PVC compounds for impregnation and coating. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven primarily by cyclical demand in mining sectors with steady replacement needs. |
Our industry position Leading player in Indian underground conveyor belting with strong export presence and global approvals. |
Financial highlights FY25 consolidated revenue Rs.151.9 Cr, Net profit Rs.91.7 Cr, EBITDA Rs.21.5 Cr, PAT margin ~60%. |
Geographical revenue split Domestic revenue approx. 49.23 Cr, Export revenue approx. 102.04 Cr in FY25. |
Order book - |
Whats driving growth Mining sector growth, product innovation, geographic expansion, long-term contracts and mining industry demand. |
Our future plans Expanding customer base in USA and Canada, entering Europe, modernizing facilities, capacity ramp-up and product portfolio expansion. |
Our green promise Generates more green energy via windmills than consumed, reinforcing sustainability commitment. |
Our people and values Employs 93 employees; focuses on employee motivation, inclusion, and human values. |
Key challenges ahead Commodity market fluctuations, regulatory approvals, geographic diversification and raw material cost volatility. |
Interesting facts One of world's largest solid woven belting manufacturers with integrated production from yarn to finished product. |
Risks and strategy Mitigates risks via diversified markets, long-term contracts, robust quality control and regulatory compliance. |
