Sharp Chucks and Machines Ltd (SCML) Share Price & Fundamentals

What we do

Sharp Chucks and Machines Ltd manufactures forging and machined components for tractors, automobiles, and industrial machine tools across multiple sectors.

Founded in

1,994

Market share

Key supplier to Indian automobile OEMs and industrial sectors with strong manufacturing capacities.

Problem solved

Provides precision forged and machined components critical for vehicles and heavy machinery durability and performance.

Top clients or who we serve

Automobile manufacturers, OEMs in tractors, earth moving equipment, steel, cement, defense, and railways; B2B.

Key management

Mr. Ajay Sikka (Managing Director) and Ms. Gopika Sikka (Whole-Time Director).

Our journey and innovations

Started in 1994 making chucks, expanded into custom castings and forging; merged with Sharp Forgings Ltd in 2004; IPO in 2023.

Where we operate

Primarily India with minor export presence outside India.

Top products or what we offer

Power chucks, lathe chucks, drill chucks, forged and machined components for tractors and automobiles.

Top brands

No specific brand names disclosed; notable for being a market supplier in forging and machining.

Raw materials needed

Carbon steel, alloy steel, stainless steel pipes, coils, plates, and forgings.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue depends on industrial and automotive sector demand, indicating cyclicality.

Our industry position

Established supplier with 30,000 MTPA casting and 14,400 MTPA machining capacities, serving diverse industries.

Financial highlights

FY 2024-25 revenue Rs. 246 Crore; net profit Rs. 7.94 Crore; consistent growth year on year.

Geographical revenue split

India contributes approximately 240.86 Crore; outside India around 4.67 Crore.

Order book

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Whats driving growth

Automobile and industrial sector demand, capacity expansions, and post-IPO capital infusion.

Our future plans

Leverage IPO funds for growth; sustain capacity and product diversification.

Our green promise

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Our people and values

Committed to ethical conduct, workplace safety, gender inclusion, and a robust internal control system.

Key challenges ahead

Market cyclicality, raw material price volatility, and maintaining competitive edge in manufacturing.

Interesting facts

Unique history of multiple company status changes dating back to 1994 and a recent successful IPO in 2023.

Risks and strategy

Risk management policy in place; focus on steady financial controls and expansion into diverse industrial segments.