What we do Latteys Industries Ltd manufactures energy-efficient water pumping solutions including submersible and solar pumps for agriculture, domestic, industrial, and horticulture sectors from Ahmedabad. |
Founded in 2,013 |
Market share Recognized leader in submersible pump manufacturing with ISO certifications, expanding in solar pumps and electrical segments. |
Problem solved Provides reliable, energy-efficient water pumping solutions addressing irrigation and water supply challenges across agricultural and industrial users. |
Top clients or who we serve Serves agricultural farmers, domestic users, industries, horticulture sectors; primarily B2B and B2C markets. |
Key management Kapoor Chand Garg (Managing Director), Pawan Garg (Whole Time Director) with professional leadership experienced in pump manufacturing. |
Our journey and innovations Started as proprietary firm in 2004, became public company in 2017, pioneered submersible pumps manufacturing, expanded to solar pumps in 2023. |
Where we operate Operations mainly in India with plans to grow national and international footprint. |
Top products or what we offer Submersible Pumps, Centrifugal Monoblock Pumps, Solar Water Pumping Systems, Self-priming and Shallow Well Pumps. |
Top brands Latteys submersible pumps and solar water pumps with strong market acceptance and quality certifications. |
Raw materials needed EC Grade steel, winding wire, stainless steel pipes, electrical sheet stamping, cables sourced domestically. |
Raw materials supplier Various domestic suppliers from steel and electrical industries. |
Recurring vs cyclical contribution Revenue driven by cyclical demand in agriculture and industrial sectors with growing recurring solar segment. |
Our industry position ISO certified company with over 1.59 lakh pumps per annum capacity; maintaining leadership in submersible pump market. |
Financial highlights FY 2025 revenue Rs 80.27 crore with 26% growth, PAT Rs 1.81 crore showing 21% increase over previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Demand growth in solar and submersible pump segments, cost efficiency, innovation, brand building, and distribution expansion. |
Our future plans Expansion of product range in solar pumps, motors, LED lights; scaling production capacity and market presence nationally and internationally. |
Our green promise Focus on energy efficient products and solar pumping systems supporting sustainable water use and reduced power consumption. |
Our people and values Committed to employee development, ethical conduct, good governance and compliance with corporate norms. |
Key challenges ahead Managing raw material costs, regulatory compliances, competitive pressures and expanding international footprint. |
Interesting facts Pioneer in submersible pump manufacturing from a proprietary setup to listed company in under two decades. |
Risks and strategy Risks include supply chain disruptions and market competition; mitigated by diversifying products and enhancing operational efficiency. |
