What we do Iykot Hitech Toolroom Ltd, based in Tamil Nadu, manufactures specialized molds, dies, tools, and precision components, recently expanding into kitchen and home appliances under the brand ZADASTAR. |
Founded in 1,991 |
Market share Well-established in integrated commercial toolrooms with growing presence in home appliances market. |
Problem solved Providing precision tooling and contract manufacturing solutions, addressing demand for quality moulded components and appliances. |
Top clients or who we serve Serves B2B markets in manufacturing sectors and B2C through kitchen and home appliances under ZADASTAR brand. |
Key management Ms. Likhitta Dugar (Whole-Time Director), Mr. Velli Paramasivam (Director) with experienced Independent Directors. |
Our journey and innovations Started in 1991, commercial production since 1994; expanded manufacturing and technology partnerships; launched ZADASTAR appliances in 2024-25. |
Where we operate Operates primarily in India, with emerging presence in foreign exchange markets through exports. |
Top products or what we offer Specialised molds, dies, tools, precision components, and contract manufactured kitchen and home appliances (ZADASTAR). |
Top brands ZADASTAR - new brand for kitchen and home appliances launched in 2024. |
Raw materials needed Raw materials include metals and plastics for tooling and appliance manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue includes cyclical tooling contracts and growing recurring appliance product sales. |
Our industry position Established toolroom player in Tamil Nadu with new growth via branded appliances. |
Financial highlights FY2024-25 Revenue Rs.5.01 Cr, Loss Rs.1.05 Cr but improving from prior year loss of Rs.1.99 Cr. |
Geographical revenue split Primarily domestic with some foreign exchange earnings. |
Order book - |
Whats driving growth Growth driven by expansion into home appliances and enhanced manufacturing capabilities. |
Our future plans Focus on scaling kitchen/home appliances through ZADASTAR and increasing manufacturing output. |
Our green promise - |
Our people and values Encourages employee training and ethical conduct, supporting a committed workforce. |
Key challenges ahead Profitability turnaround and regulatory compliance remain key challenges. |
Interesting facts Partnership with Nettur Technical Training Foundation for technology; promoter reclassification ongoing. |
Risks and strategy Facing compliance fines with active mitigation; strategy focused on operational improvement and brand growth. |
