What we do Sumax Engineering Ltd manufactures and trades automotive OEM and auto refinish products, including adhesives, car care items, and polishing compounds, serving OEMs and aftermarket sectors. |
Founded in 1,994 |
Market share Established in India with significant domestic market presence; emerging exporter with export revenues growing gradually. |
Problem solved Provides high-quality adhesive solutions and car care products to improve automotive manufacturing efficiency and vehicle maintenance quality. |
Top clients or who we serve Serves automotive OEMs, auto refinish markets, body shops, and retail customers; business-to-business and business-to-consumer focus. |
Key management Mr. Sudeep Mehta (Managing Director), Mrs. Smriti Mehta (Whole-Time Director) |
Our journey and innovations Founded in 1994, expanded manufacturing plants in Manesar, Pune, Chennai; diversified product line with PSA tapes and SPD production. |
Where we operate Primarily India with manufacturing bases in Manesar, Pune, Chennai; beginning export efforts internationally. |
Top products or what we offer Adhesive tapes, polishing compounds, buffing pads, reflective tapes, printing domes, electrical and pneumatic tools, car care products. |
Top brands - |
Raw materials needed Adhesive materials, chemicals for polishing compounds, base materials for tapes and pads. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring from manufacturing and trading contracts with automotive firms and retailers. |
Our industry position Growing domestic player in automotive adhesives and car care products with expanding production capabilities. |
Financial highlights FY 2024-25 revenue approx. Rs.146 crore, net profit Rs.12.8 crore, demonstrating strong year-over-year growth and profitability. |
Geographical revenue split ~99.5% domestic revenue, ~0.5% export revenue in latest fiscal year. |
Order book - |
Whats driving growth Increasing automotive OEM demand, expansion of product lines, new manufacturing plants, and entry into export markets. |
Our future plans Scaling manufacturing capacity, expanding product portfolio especially in printing solutions and PSA tapes, and increasing exports. |
Our green promise - |
Our people and values Committed to harmonious industrial relations and developing human resources with inclusive workplace policies. |
Key challenges ahead Intense competition in automotive supply, raw material cost volatility, and scaling export market presence. |
Interesting facts Converted from Private to Public company in 2024 to fuel growth and capital market access. |
Risks and strategy Mitigates risks via diversified product portfolio, internal controls, and compliance with industry regulations. |
