What we do Uravi Defence & Technology Ltd manufactures and distributes automotive lamps and lighting, recently diversifying into defense power solutions via acquisition of SKL India Pvt. Ltd. |
Founded in 2,004 |
Market share One of India's largest automotive lamp manufacturers with over 150 dealers nationally, expanding into defense and EV sectors. |
Problem solved Provides reliable, certified lighting products for automotive safety and defense-grade power systems addressing critical infrastructure needs. |
Top clients or who we serve Serves OEMs and aftermarket in two-wheelers, four-wheelers, tractors; defense organizations through subsidiary SKL India; B2B and B2C segments. |
Key management Niraj Damji Gada (MD & CEO), Kaushik Damji Gada (Whole-time Director & CFO), Shlok K. Gada (Whole-time Director). |
Our journey and innovations Established in 2004, expanded manufacturing capacity, listed in 2018, acquired SKL India in 2024, and introduced LED lighting under 'UVAL' brand. |
Where we operate Manufacturing units in Maharashtra and Jammu & Kashmir; sales across India with global collaborations and UK-based subsidiary. |
Top products or what we offer Automotive lamps including stop, tail, indicator lamps; LED lamps; defense power supply systems and generator sets via SKL India. |
Top brands UVAL (LED lighting brand); SKL India power systems - known for rugged, military-grade power solutions; recognized OEM supplier. |
Raw materials needed Automotive-grade plastics, LEDs, electronics components, metals for defense power equipment. |
Raw materials supplier Suppliers certified to automotive and defense specifications; LED products imported via global partners like Global Lighting Phils., Inc. |
Recurring vs cyclical contribution Revenue primarily cyclical with automotive production cycles; growing recurring defense contracts enhance stability. |
Our industry position Market leader in automotive lamp manufacturing in India; expanding presence in defense power solutions and EV-related lighting. |
Financial highlights FY25 revenue approx. ₹42.23 Cr, net profit ₹1.79 Cr; steady EBITDA margins around 15%; diversified revenue streams with new defense segment. |
Geographical revenue split Predominantly India-centric sales; growing exports and UK subsidiary provide international presence. |
Order book SKL India subsidiary holds ₹35 Cr order book for defense power systems with reputed clients including L&T and government. |
Whats driving growth Diversification into defense sector, expansion of LED lighting, strategic acquisitions, and government initiatives in automotive and defense. |
Our future plans Expand manufacturing capacity, innovate LED and EV lighting, scale defense power solutions, and increase international market penetration. |
Our green promise Focus on LED technology for energy efficiency and compliance with environmental standards in manufacturing processes. |
Our people and values Experienced leadership with deep industry knowledge; emphasis on compliance, quality, and innovation-driven culture. |
Key challenges ahead Managing cyclical automotive demand, integrating defense operations, scaling production efficiently, and navigating regulatory changes. |
Interesting facts First listed Indian company to strategically diversify from automotive lamps to defense through acquisition and international SPV formation. |
Risks and strategy Market demand fluctuations mitigated via diversified segments; focus on innovation and strategic partnerships to sustain growth. |
