Integra Engineering India Ltd

Integra Engineering India Ltd. – Company Report


1. Company Overview


Integra Engineering India Limited, founded in 1981 and headquartered in Halol near Vadodara, Gujarat, is a public company listed on the Bombay Stock Exchange. It operates as a subsidiary of Integra Holding AG, Switzerland. The company specializes in solutions for the railway and transport technology sector, offering design, manufacturing, and value-added engineering services for both Indian and international clients.

With a legacy that began as Padmatex Engineering and later Schlafhorst Engineering India, Integra evolved into its current form after key acquisitions and integrations—including the 2012 merger with Integra India Group Co. Ltd.

The company serves major OEMs and sector leaders such as Alstom, Siemens Mobility, BHEL, ABB, Medha Servo, Bombardier, and Indian Railways. It holds several global certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, EN 15085 CL-1, DIN 6701, RDSO, and CE marking.

  • Incorporated: 1981
  • Headquarters: Halol (Vadodara), Gujarat, India
  • Parent Company: Integra Holding AG, Switzerland
  • Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, EN 15085, RDSO, CE marking
  • Employees: 254 (FY2025); previously reported 857
  • Listed On: BSE
  • Key Executives: Bhavin Kariya (CEO); Corrine Raez (Chairperson)
  • Main Sectors: Railway, Energy, Industrial OEMs

2. Products and Services


Railway Solutions:

  • Components of propulsion systems for WAG/WAP series locomotives (6,000–12,000 HP)
  • Interior assemblies and panels for metro and semi-high-speed trains
  • Railway signaling relays (metal-to-metal, M2M/M2C), control systems, FACS, and LED signals
  • Enclosures, domino panels, prewired groups, and accessories for railway control
  • Contract manufacturing and engineering services for leading railway OEMs

Industrial Control and Electrical Enclosures:

  • Customized sheet metal engineering products in stainless steel, mild steel, GI, and aluminum
  • CRCA and other specialty control panel enclosures

Energy and Power Sector Solutions:

  • Power converters, traction converters, auxiliary converters, VCU panels, and related components
  • Fabrication services for steel structures, pipes, vessels, and equipment assembly for energy projects

Project and Maintenance Services:

  • Design, consulting, and project management for civil, mechanical, electrical, and instrumentation installations
  • Facility commissioning, start-up, maintenance, and periodic shutdown support

Integra’s synergy of metal processing and electrical engineering enables turnkey product development for both domestic and export clients. The company is also a recognized supplier of RDSO-approved products for Indian Railways.


3. Recent News and Financial Performance


Recent Business Developments:

  • March 2022: Expanded its production area by 50% to support growing demand in the transport and energy sectors.
  • Emphasis on product innovation, quality enhancement, and sustainability, including EcoVadis sustainability assessments.

4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹166 crore
Net Profit ₹18.49 crore
Net Profit Margin 11%
Earnings Per Share (EPS) ₹5.40 (TTM)
Dividend Not Declared

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales4.782.68
EV / EBITDA25.5315.4
Debt / Equity0.410.41
ROE %21.4820.06
ROCE %24.4522.26
P / B8.314.03
Div Yld %00.88
P/E42.8526.38
OPM %18.9815.25
Qtr Sales Growth YOY %26.616.04
Qtr Profit Growth YOY %52.9651.11
ROA LAST 12M %13.0811.58
Prom. Hold. %54.4463.14
Sales 3Yrs CAGR %16.9324.65
Sales 5Yrs CAGR %21.3919.46
Profit 3Yrs CAGR %26.6671.34
Profit 5Yrs CAGR %26.2346.57

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