What we do Royal Arc Electrodes Limited manufactures welding electrodes, flux-cored wires, MIG/TIG wires, and strip cladding for industries like railways, refineries, shipyards, and power sectors. |
Founded in 1,996 |
Market share The company holds a significant position in welding materials manufacturing in India with a state-of-the-art facility in Gujarat. |
Problem solved Provides reliable welding solutions to meet industrial demands for infrastructure, fabrication, and maintenance across various heavy industries. |
Top clients or who we serve Serves industries including railways, airport infrastructure, refineries, shipyards, mines, sugar, telecom, thermal power, and pre-engineered buildings. |
Key management Mr. Bipin Sanghvi (Managing Director), Mr. Swagat Sanghvi (Whole Time Director), Mr. Hardik Sanghvi (Whole Time Director). |
Our journey and innovations Incorporated in 1996, went public in 2005, expanded manufacturing with advanced facilities in 2003, continuously improving product quality and capacity. |
Where we operate Primarily operates in India with exporting activities contributing to foreign exchange earnings. |
Top products or what we offer Welding electrodes, CO2 wires, TIG wires, flux core wires, grinding wheels, and related ancillary products. |
Top brands - |
Raw materials needed Copper coated wire, MS strips and wires, stainless steel strips and wires, nickel wire, and ferro alloy powder. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily recurring driven by ongoing industrial demand and maintenance requirements. |
Our industry position Established manufacturer with a growing market share in India's welding consumables sector. |
Financial highlights FY 2022-23 revenue ₹980 crore; net profit ₹97 crore; significant growth compared to previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increased industrial infrastructure development, new capacity expansion, and steady export growth drive current growth. |
Our future plans Conservation of resources to fund expansion plans and maintain sustainable long-term growth trajectory. |
Our green promise - |
Our people and values Focus on employee welfare with strict adherence to workplace safety and anti-harassment policies. |
Key challenges ahead Managing regulatory changes, competition, and technological advances while sustaining growth and profitability. |
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Risks and strategy Mitigates risks related to regulations, market competition, and financial controls by proactive management and continuous monitoring. |
