What we do Shivagrico Implements Ltd manufactures and sells agricultural hand tools and implements, supplying sectors including agriculture, defense, railways, and irrigation. |
Founded in 1,965 |
Market share Pioneer in Indian agricultural implements manufacturing with significant domestic and export presence. |
Problem solved Provides durable, quality agricultural tools that enhance farming efficiency and meet specialized industrial forging needs. |
Top clients or who we serve Serve agricultural sector, defense, railways, and PWD irrigation with B2B and B2C models primarily in India and exports overseas. |
Key management - |
Our journey and innovations Started as partnership in 1965, went public in 1992, innovated with waste heat recovery and nickel chromium alloy wires production. |
Where we operate Mainly operational in India with exports contributing around 16% of revenue. |
Top products or what we offer Manufactures agricultural implements, forged tools, rolled special bars, meeting diverse industry needs under brands 'LION' and 'CHETAK'. |
Top brands 'LION' and 'CHETAK' brands - well-recognized in agricultural implements; key revenue drivers. |
Raw materials needed Steel ingots and alloys for forging and rolling processes. |
Raw materials supplier In-house induction furnace and rolling plant produce basic raw materials. |
Recurring vs cyclical contribution Revenue includes recurring B2B sales with cyclical demand linked to agriculture and industrial sectors. |
Our industry position Leading manufacturer with large production capacity and strong presence in domestic and export markets. |
Financial highlights FY 2024-25 revenue approx. Rs. 4310 lakhs; net profit Rs. 38 lakhs; production up 24% year-on-year. |
Geographical revenue split About 84% revenue from India and 16% from overseas markets. |
Order book - |
Whats driving growth Growth driven by increased production, new product development, export focus, and expanded domestic distribution. |
Our future plans Focus on product innovation, export expansion, and growing pan-India distributor network. |
Our green promise Commissioned waste heat recovery system to enhance energy efficiency. |
Our people and values Employee base of 248; emphasis on safe work environment and internal compliance. |
Key challenges ahead Global market volatility, raw material price fluctuations, and international conflicts affecting export demand. |
Interesting facts Supplies over 800,000 forged implements annually solely to Tata Limited. |
Risks and strategy Mitigate operational, financial, and strategic risks through continuous risk management and product diversification. |
