What we do Silveroak Commercial Ltd manufactures electrical products, sheet metal fabrications, and civil construction works, exploring energy systems, power equipment, and building materials sectors. |
Founded in 1,985 |
Market share A regional player focusing on electrical and construction materials with diversified offerings; currently undergoing financial challenges. |
Problem solved Provides customized electrical components, contract manufacturing, and construction materials to infrastructural and industrial sectors. |
Top clients or who we serve Serves B2B clients in electrical manufacturing, industrial construction, and energy sectors within India. |
Key management - |
Our journey and innovations Incorporated in 1985, listed in 1993, broadened focus since 2016-17 into energy systems and diverse construction materials. |
Where we operate Operates primarily in India, focusing on regional markets around Nashik and Maharashtra. |
Top products or what we offer Power distribution boxes, electrical panels, fabricated sheet metal products, capacitors, civil construction services. |
Top brands - |
Raw materials needed Sheet metal, electrical components, raw building materials like cement, bricks, sand, and solar equipment parts. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, dependent on industrial and construction project cycles. |
Our industry position Niche player with diversified product lines; currently facing liquidity and operational challenges. |
Financial highlights FY2018-19 Revenue Rs.4.42 Cr; Net Loss Rs.7.83 Cr; significant drop from previous year. |
Geographical revenue split Revenue primarily from domestic Indian markets. |
Order book - |
Whats driving growth Infrastructure development policies and renewable energy sector expansion in India. |
Our future plans Exploring new opportunities in electrical energy systems and construction materials markets. |
Our green promise - |
Our people and values Employee base of 34; emphasizes harmonious relations and staff development. |
Key challenges ahead Financial losses, retaining skilled workforce, project acquisition risk, and delayed government reforms impact growth. |
Interesting facts First Management Discussion & Analysis report presented in 2019 after extensive business restructuring. |
Risks and strategy Risk from financial distress and workforce retention; strategy includes diversification and cost controls. |