What we do La Tim Metal & Industries Ltd manufactures and trades tungsten carbide products, drilling rods, bits, and recently expanded to color coated coils and profile sheets manufacturing. |
Founded in 1,975 |
Market share A significant player in tungsten carbide manufacturing and trading within India, expanding into metal coil trading sectors. |
Problem solved Provides durable tungsten carbide and drilling tools for industrial needs and supplies color coated metal sheets for construction. |
Top clients or who we serve Industrial manufacturers and construction sectors; serving B2B clients in metal products and tooling. |
Key management - |
Our journey and innovations Started as Drillco Metal Carbides in 1975; public in same year; rebranded in 2014; acquired La Tim Sourcing and expanded production with new Gujarat plant. |
Where we operate Primarily India, with manufacturing units in Gujarat and corporate office in Mumbai. |
Top products or what we offer Tungsten carbide tools, drilling bits, rods, color coated coils, and profile sheets for industrial and construction use. |
Top brands - |
Raw materials needed Tungsten and metal coils for manufacturing tungsten carbide and color coated profile sheets respectively. |
Raw materials supplier Not specified in provided data. |
Recurring vs cyclical contribution Revenue largely cyclical, tied to industrial and construction sector demands. |
Our industry position Well-established in tungsten carbide manufacturing; growing presence in coated metal sheets trade niche. |
Financial highlights FY2024-25 revenue ~Rs 261 crore; net loss Rs 8.6 crore; previous year revenue Rs 351 crore with profit Rs 7.6 crore. |
Geographical revenue split Major operations and revenue from India; no explicit foreign revenue data available. |
Order book - |
Whats driving growth Diversification into color coated coils and profile sheets; acquisition-led expansion; recovery focus post profit dip. |
Our future plans No specific future plans disclosed; focus expected on consolidating new product lines and market share. |
Our green promise - |
Our people and values Committed workforce with strong governance and compliance culture; zero tolerance to workplace harassment. |
Key challenges ahead Addressing profitability decline; stabilizing new business segments; adapting to market fluctuations. |
Interesting facts Company transformed from Drillco Metal Carbides to La Tim Metal & Industries; merged subsidiaries in 2023. |
Risks and strategy Economic cyclicality affects demand; strategy includes diversification and efficiency improvements. |
