What we do Readymix Construction Machinery Ltd is an engineering-led company designing, fabricating, and installing plants and machinery for cement, concrete, crushing, and construction industries. |
Founded in 2,012 |
Market share Emerging player with diverse product portfolio and growing domestic & international presence, focused on turnkey engineering solutions in construction machinery sector. |
Problem solved Provides end-to-end turnkey solutions addressing industrial needs for customized plant & machinery installation, operational efficiency, and maintenance services. |
Top clients or who we serve Serves construction, cement, and building materials industries; B2B model catering to industrial clients requiring specialized machinery and engineering services. |
Key management Managing Director Anand Suresh Watve; Whole-time Directors Atul Jagannath Kulkarni and Prashant Balasaheb Kanikdale; Independent Directors include Pinki Kedia, Gaurav Maheshwari, Neeraj Bangur. |
Our journey and innovations Started as a partnership in 2009; incorporated in 2012; public company since 2024; launched IPO in 2025; initiated R&D to develop 35+ in-house machine components enhancing margins. |
Where we operate Primarily domestic market in India with growing international sales; expanding footprint in cement and construction equipment sectors. |
Top products or what we offer Dry Mix Mortar Plants, Readymix Concrete Plant Support Equipment, High-Capacity Silos, Artificial Sand Plants, Wall Putty Plants, Customized Engineering Projects, Turnkey Solutions, and Maintenance Services. |
Top brands Flagship offerings include Dry Mix Mortar Plants and Artificial Sand Plants; recognized for customized projects and engineering consultancy services. |
Raw materials needed Steel, mechanical components, electronic controls, and raw materials for fabricating machinery components. |
Raw materials supplier Sourced from multiple domestic and international suppliers; specifics not disclosed. |
Recurring vs cyclical contribution Revenue largely cyclical tied to construction industry cycles, with recurring income from maintenance and annual service contracts. |
Our industry position Company is building market presence with solid engineering capabilities and increasing revenue; competes with established and niche machinery providers. |
Financial highlights FY 2024-25 revenue Rs. 73.28 Crores; net profit Rs. 9.34 Crores; EBITDA Rs. 14.86 Crores; steady yoy growth and profitable operations. |
Geographical revenue split Domestic revenue ~67 Crores (95%); International revenue ~2.9 Crores (5%) in FY 2024-25. |
Order book - |
Whats driving growth Rising infrastructure and construction demand, R&D in in-house component development, and expanding turnkey project capabilities. |
Our future plans Focus on product innovation, expanding manufacturing in-house components, and increasing market share domestically and internationally. |
Our green promise Committed to energy conservation, renewable energy installations, rainwater harvesting, waste management and ensuring safety and environmental compliance. |
Our people and values Strong leadership with experienced board and management; emphasis on high-performance culture and employee safety. |
Key challenges ahead Managing cyclicality of construction industry, competition from established players, and dependency on raw material supply. |
Interesting facts Converted from partnership to public limited company in 2024 and launched IPO raising Rs. 37.66 crores in 2025; developed 35+ products in-house within two years. |
Risks and strategy Mitigates risks through R&D, risk management policy, operational controls and diversification of product offerings to sustain growth. |
