What we do Scan Projects Ltd provides engineering services including erection, commissioning, supervision, design, and trading of fabricating materials and equipment parts. |
Founded in 1,992 |
Market share A growing player in Indian engineering services with increasing revenues and robust order book in erection and commissioning. |
Problem solved Facilitates industrial project execution by offering comprehensive engineering erecting and supervision services. |
Top clients or who we serve Serves industrial clients within India in sectors needing installation and project supervision; operates B2B. |
Key management Sunil Chandra, Managing Director with extensive leadership experience. |
Our journey and innovations Shifted from cement manufacturing to engineering services in 2002; expanded with a Nepal branch in 2013-14. |
Where we operate Primarily India with a branch office in Nepal. |
Top products or what we offer Erection, commissioning, supervision services and trading in fabricating materials and equipment parts. |
Top brands - |
Raw materials needed Fabricating materials and equipment parts for trading activities. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from project-based, cyclical erection and commissioning contracts and material trading. |
Our industry position Increasingly competitive with steady financial growth and expanding work orders. |
Financial highlights 2024-25 revenue Rs. 1193.97 lacs, PAT Rs. 58.51 lacs, showing strong YoY profit growth. |
Geographical revenue split Revenue predominantly sourced from Indian market operations. |
Order book Strong current work order book for erection and commissioning across India. |
Whats driving growth Rising demand for specialized engineering services and secured contracts. |
Our future plans Focus on executing existing orders and expanding service footprint domestically. |
Our green promise - |
Our people and values Employs 28 staff, emphasizing employee development and a positive work environment. |
Key challenges ahead Maintaining growth momentum and managing competitive pressures in engineering services. |
Interesting facts Formerly a cement manufacturer before pivoting to engineering and project services. |
Risks and strategy Risks include market competition and project delays; mitigated by strong governance and risk management. |
