What we do Remi Edelstahl Tubulars Ltd manufactures high-quality stainless steel seamless and welded pipes and tubes for industries like oil & gas, power, pharma, and defense. |
Founded in 1,970 |
Market share Leading Indian manufacturer with 12,000 MT annual capacity, preferred supplier to major EPCs and refineries, expanding globally. |
Problem solved Provides durable, corrosion-resistant stainless steel tubes critical for high-pressure, high-temperature industrial applications and import substitution. |
Top clients or who we serve Serves B2B customers including oil & gas, petchem, power plants, defense, aerospace, pharma and food sectors; major EPC contractors. |
Key management Chiranjilal Saraf (Founder), Vishwambhar C. Saraf (Chairman), Rajendra C. Saraf (Director) with technical partnership from Kobe Steel, Japan. |
Our journey and innovations Since 1970, expanded capacity, shifted to Tarapur, implemented ISO certifications, pioneered thick welded pipes, and diversified into pharma and electric vehicles tubing. |
Where we operate Operations mainly in India with clients and exports presence in UAE, USA, Europe, Middle East, and Africa markets. |
Top products or what we offer Seamless and welded stainless steel pipes and tubes used in refineries, thermal and nuclear power, pharma, dairy, semiconductor, and aerospace sectors. |
Top brands RETL stainless steel pipes - ISO certified, approved by global consultants such as TUV, Bechtel, and Bureau Veritas; known for quality and durability. |
Raw materials needed High grade stainless steel and alloy metals sourced from steel suppliers for pipe and tube manufacturing. |
Raw materials supplier Steel suppliers from domestic and global markets; technical tie-up with Kobe Steel, Japan for technology support. |
Recurring vs cyclical contribution Revenue is mostly cyclical, linked to industrial capex cycles but improving with value-added products and sector diversification. |
Our industry position Recognized market leader in stainless steel tubes with strong certifications and approvals, poised for growth in niche industrial segments. |
Financial highlights FY25 revenue at ₹139.07 crore, net profit ₹2.67 crore; steady growth driven by volume expansion and higher value products. |
Geographical revenue split Primarily domestic revenue with growing exports to Middle East, USA, Europe, and African markets. |
Order book Order book stands at ₹129.39 crore including landmark orders from thermal power, EPCs, and international refineries. |
Whats driving growth Growth driven by capacity expansion, product diversification into pharma and EV sectors, government infrastructure programs, and export focus. |
Our future plans Investing ₹59.6 crore to modernize plant and develop high-grade products for pharma, food & beverage, and semiconductor industries phased expansion. |
Our green promise Uses renewable energy via windmills covering over 50% power needs; zero liquid discharge plant; expanding green areas onsite. |
Our people and values Over 300 employees with expertise in metallurgy, engineering, and quality; emphasis on safety, compliance and continuous learning. |
Key challenges ahead Raw material cost volatility, global economic uncertainties, supply chain disruptions, and competitive pressures in export markets. |
Interesting facts First Indian manufacturer to develop 70mm thick welded pipe and coiled welded tubes; supplied critical tubes to ISRO and defense sectors. |
Risks and strategy Currency fluctuations, input cost inflation mitigated through hedging and technology upgrades; strategic focus on niche, high-margin products. |
