What we do Unitech International Ltd, established in 1994, is an export-oriented company specializing in recycling e-waste and manufacturing metal products like copper, brass, aluminum ingots, metal drums, barrels, and agri-equipment. |
Founded in 1,994 |
Market share Operates in niche recycling and metal manufacturing sectors with specialized export focus; currently non-listed and financially distressed. |
Problem solved Addresses environmental concerns through e-waste recycling and provides essential metal products for industrial use. |
Top clients or who we serve Serves B2B clients engaged in metal products, agriculture, and recycling sectors; caters to export markets as a 100% EOU. |
Key management Mrs. J. K. Bakshi (Chairperson), Mr. Harvinder Bhupindersingh Kochhar (Managing Director), and Mrs. Sheena Sarup (Director). |
Our journey and innovations Established in 1994 with a 100% EOU status; diversified into recycling and metal products; currently facing financial distress and exploring winding-up. |
Where we operate Based in India with focus on export markets due to EOU status; main operations in Daman, India. |
Top products or what we offer Copper, brass and aluminum ingots; metal drums and barrels; agricultural equipment; e-waste recycling services. |
Top brands - |
Raw materials needed Copper, brass, aluminum, scrap e-waste materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from cyclical sales and recycling services; exports under EOU status. |
Our industry position Specialized exporter with niche recycling and metal manufacturing focus; financial challenges limit current market position. |
Financial highlights 2023-24 Revenue Rs.5.03 Lacs; Net Loss Rs.27.11 Lacs; financial losses persist over recent years. |
Geographical revenue split - |
Order book - |
Whats driving growth Export orientation and recycling sector demand; however, company currently in poor financial health with declining revenue. |
Our future plans No significant new projects; company seeking to file for winding-up owing to sustained financial losses. |
Our green promise Engages in e-waste recycling contributing to environmental sustainability. |
Our people and values Commitment from dedicated employees despite financial difficulties; focus on operational compliance. |
Key challenges ahead Severe financial distress, suspension from stock exchange, delays in appointing key officers, and winding-up proceedings. |
Interesting facts 100% Export Oriented Unit status granted by Government of India; multi-decade presence in metal recycling and manufacturing. |
Risks and strategy Facing insolvency risks; strategy focused on legal and financial remedies including possible winding-up proceedings. |
