What we do Millworks Technologies Limited manufactures precision engineered machined components, sheet metal parts and assemblies for aerospace, railways, defence, and semiconductor sectors. |
Founded in 2,021 |
Market share - |
Problem solved Supports mission-critical applications with high-quality precision components enabling indigenization and advanced manufacturing in key sectors. |
Top clients or who we serve Serves aerospace, railways, defence, semiconductor manufacturers in B2B model. |
Key management - |
Our journey and innovations Incorporated in 2021; acquired spring manufacturing businesses in 2025; operates four manufacturing plants; planning IPO. |
Where we operate India with exports to overseas markets. |
Top products or what we offer Precision machined components, sheet metal fabrication, integrated assemblies under Build-to-Print and Build-to-Spec models. |
Top brands - |
Raw materials needed Metals and alloys for machining and fabrication. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily from project-based manufacturing, which is cyclical but growing steadily. |
Our industry position Emerging precision engineering player supporting aerospace and defence supply chains. |
Financial highlights FY25 revenue ₹148.77 crore with net profit ₹37.06 crore, showing significant growth vs prior year. |
Geographical revenue split Domestic: ₹15.39 crore, Export: ₹6.66 crore (as of FY25). |
Order book - |
Whats driving growth Demand from aerospace, railways, and defence sectors; focus on indigenization and infrastructure growth. |
Our future plans IPO planned to raise funds for expansion and enhancing production capabilities. |
Our green promise - |
Our people and values Committed to workplace safety, zero tolerance for harassment, and equal opportunity employment. |
Key challenges ahead Market competition, dependency on key industrial sectors, need for continual quality enhancement. |
Interesting facts Successfully integrated acquisitions to broaden manufacturing portfolio within 4 years. |
Risks and strategy Mitigates operational and market risks via rigorous quality controls and diversification into high-value sectors. |
