What we do Simmonds Marshall Ltd manufactures industrial fasteners and automotive components, serving major automobile manufacturers in India and abroad with quality fastening solutions. |
Founded in 1,960 |
Market share Well-established supplier to leading Indian automobile manufacturers with significant presence in fasteners market. |
Problem solved Provides reliable, reusable self-locking nuts and precision fasteners critical for vibration resistance and secure automotive assembly. |
Top clients or who we serve Original equipment manufacturers (OEMs) in automotive and industrial sectors; B2B focus serving major car manufacturers in India. |
Key management Navroze S. Marshall - Chairman & Managing Director; Imran M. Panju - Whole Time Director; Dhruv Pandya - Chief Financial Officer. |
Our journey and innovations Established in 1960, went public in 1986, developed Cleveloc and Nyloc self-locking nuts enhancing locking reliability and reusability. |
Where we operate India primarily, and exports to international markets including North America and Europe. |
Top products or what we offer Industrial fasteners like cleveloc self-locking nuts, nyloc nuts, castle nuts, hose pipe fitting nuts, automotive related components. |
Top brands Cleveloc Nut - Low cost, high locking efficiency; Nyloc Nut - self-locking reusable nut widely used in automotive industry. |
Raw materials needed Steel and metal alloys used in forging and machining of industrial fasteners and automotive components. |
Raw materials supplier Sourced from domestic and international steel manufacturers; suppliers details not publicly disclosed. |
Recurring vs cyclical contribution Revenue is primarily cyclical, linked to automotive sector production cycles and industrial demand. |
Our industry position Recognized as a reliable supplier with strong technology in self-locking fasteners and steady market position in India. |
Financial highlights FY 24-25 revenue stood at ₹207.6 crore with net profit of ₹8.96 crore, showing robust growth over previous years. |
Geographical revenue split Domestic revenue ₹182.22 crore (88%), exports ₹20.56 crore (12%) contributing to total sales. |
Order book - |
Whats driving growth Automotive sector demand, innovation in fastener technology, and increased exports are key growth drivers. |
Our future plans Focus on innovation, capacity expansion, and export market penetration to sustain profitable growth. |
Our green promise Committed to environmentally clean operations, safety compliance, and preservation of natural resources at manufacturing plants. |
Our people and values Strong corporate governance with a culture of ethics, diversity, and compliance among employees and management. |
Key challenges ahead Volatility in raw material prices, dependency on automotive sector, and global economic uncertainties. |
Interesting facts One of the pioneers in India to develop self-locking fasteners with reusable elliptical locking collar design. |
Risks and strategy Mitigating raw material cost risk and market cyclicality through innovation, diversified clientele, and internal controls. |
