What we do Mehai Technology Ltd designs, manufactures, and trades electronic products including LED bulbs, USB pen drives, and power banks, with IT business services for digital transformation. |
Founded in 2,013 |
Market share Growing fast in LED lighting and electronics assembly; expanding IT services portfolio. |
Problem solved Provides energy-efficient lighting and digital solutions to enterprises while addressing demand for affordable electronic accessories. |
Top clients or who we serve Retail consumers of electronics and large enterprises needing IT and business transformation services (B2C and B2B). |
Key management Managing Director Mr. Jugal Kishore Bhagat leads with a strong governance framework; board includes experienced independent directors. |
Our journey and innovations Started with LED manufacture in 2014; added power banks and USB assembly; recently progressed toward in-house USB manufacturing and expanded IT services. |
Where we operate Operations mainly in India with presence in digital services serving enterprise clients; products marketed domestically. |
Top products or what we offer LED bulbs, moonlight bulbs, tube lights, USB pen drives, power banks, and comprehensive IT and business transformation services. |
Top brands Mehai LED Bulbs (fast-growing in specific lighting spaces), Mehai USB and Power Bank assemblies; digital IT services portfolio. |
Raw materials needed Electronics components and printed circuit boards for manufacturing LEDs, USB drives, and power banks. |
Raw materials supplier Not specified publicly; likely sourced from electronic component manufacturers and suppliers. |
Recurring vs cyclical contribution Combination of recurring IT services revenue and cyclical electronics manufacturing and trading sales. |
Our industry position A growing player in LED and electronics electronics assembly and IT digital services with improving profitability. |
Financial highlights FY 2024-25 Consolidated revenue Rs 119.46 cr with net profit Rs 7.56 cr, marking strong growth vs prior years. |
Geographical revenue split Revenue predominantly from Indian market, with IT services catering to domestic enterprise clients. |
Order book Details not disclosed; IT services and manufacturing segments underpin growth. |
Whats driving growth Expansion of LED and electronic product lines, IT transformation demand, enhanced manufacturing capabilities. |
Our future plans Establish in-house USB pen drive manufacturing; scaling IT & digital services; authorized capital increased for growth funding. |
Our green promise Energy-saving LED products contribute to sustainability; steps in energy conservation monitored internally. |
Our people and values Emphasizes employee commitment, peaceful industrial relations, and strong governance culture. |
Key challenges ahead Scaling manufacturing, competing in electronics segments, maintaining IT service growth, managing operational risks. |
Interesting facts Converted to Public Limited Company in 2017; raised Rs 6 crore via public issue that year; rapid segment diversification. |
Risks and strategy Mitigates risk via robust financial controls, board oversight, risk management framework, and diversified offerings. |