What we do Precision Metaliks Ltd manufactures and processes semi-finished alloy wheels, providing value-added services like polishing and engineering solutions primarily for the automotive aftermarket industry. |
Founded in 2,012 |
Market share Key player in alloy wheel finishing with export orders from USA distributors, growing presence in SEZ Visakhapatnam unit. |
Problem solved Solves quality and finish issues in alloy wheels with automated grinding, buffing, and polishing to deliver superior finished products. |
Top clients or who we serve Serves alloy wheel manufacturers and aftermarket distributors, targeting B2B customers primarily in India and export markets like USA. |
Key management Devarapalli Ramesh Babu (Whole-Time Director and CEO) and Jayanthi Roja Ramani (Non-Executive Director). |
Our journey and innovations Started as metal trading in 2012, shifted to manufacturing in 2019 with SEZ unit, pioneered robotic 3D polishing tech for alloy wheels. |
Where we operate India (SEZ Visakhapatnam) and export markets including the USA. |
Top products or what we offer Finished alloy wheels, 3D robotic grinding and polishing services, engineering design, prototyping, and tooling services. |
Top brands Precision Metaliks finished alloy wheels - recognized for automated polishing technology and quality exports. |
Raw materials needed Aluminium ingots, paints, consumables, fuel for manufacturing finished wheels. |
Raw materials supplier Local Indian suppliers and imports from Russia and Europe. |
Recurring vs cyclical contribution Revenue largely dependent on order cycles from automotive manufacturers and distributors, showing some cyclicality. |
Our industry position Emerging manufacturer in alloy wheel finishing with innovative automated polishing, serving domestic and USA aftermarket. |
Financial highlights FY25 revenue Rs 127.13 Cr, PAT Rs 0.79 Cr; decline vs previous year due to market conditions and cost controls. |
Geographical revenue split Primary revenue from Indian SEZ operations with export sales mainly to USA aftermarket distributors. |
Order book - |
Whats driving growth Growth driven by rising OEM and aftermarket demand for high quality alloy wheels and technology-driven finishing solutions. |
Our future plans Focus on increasing export orders, improving operational efficiency, and leveraging technology for quality enhancement. |
Our green promise - |
Our people and values Committed to employee relations and corporate governance with a skilled leadership team. |
Key challenges ahead Market cyclicality, raw material import dependencies, and maintaining competitive advantage through innovation. |
Interesting facts Pioneered a customized combination of robotic grinding and automatic media polishing enabling 3D alloy wheel finishing. |
Risks and strategy Mitigating market cyclicality through cost control, expanding client base, and continuous technology upgrades. |
