Pradeep Metals Limited – Company Report
1. Company Overview
Pradeep Metals Limited, incorporated in 1982 and headquartered in Navi Mumbai, is a prominent manufacturer of precision closed-die forgings and machined components. The company was co-founded by Pradeep Goyal and late Ved Prakash Goyal, with technical foundations rooted in metallurgy and decades of industry expertise. Pradeep Metals maintains state-of-the-art facilities for design, tooling, laboratory testing, forging, heat treatment, and CNC machining. Serving global markets in the Americas, Europe, and Asia, the company exports roughly 70% of its production, and is known for rapid lead times, high-mix-low-volume flexibility, and customer-centric solutions. Pradeep Metals is listed on the BSE and employs between 200 to 500 people.
Key Highlights:
- Incorporated: 1982
- Headquarters: Navi Mumbai, Maharashtra
- Employees: 200–500
- Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, AS 9100D, CE/PED, NORSOK, AD2000
- Founders: Pradeep Goyal, Ved Prakash Goyal
- Market Cap (July 2025): ~₹546 crore
- Global Exports: USA, UK, Germany, France, Sweden, Singapore, China, etc.
2. Products and Services
Pradeep Metals specializes in:
- Closed-die Forgings (up to 40kg): For valves, instrumentation, oil & gas, petrochemical, and general engineering applications.
- Machined Components: CNC-finished parts for specialized end-uses.
- Custom Fittings, Flanges & Valves: Stainless, carbon, alloy, duplex, super-duplex, and nickel alloy steel grades, all engineered for high-performance environments.
- Industrial Flanges and Fittings: Industrial and automotive SS pipe fittings, screwed and socket weld fittings, hammer unions, integral connectors, and forged components.
- Specialty and Low-Volume High-Mix Parts: Custom small-batch or rapid lead-time solutions for demanding clients.
- Export Services: Finished and semi-finished forged parts delivered globally, with inventory and stock solutions for fast-track overseas deliveries.
Key Sector Applications:
- Oil & gas
- Valves and flow control
- Instrumentation
- Petrochemicals
- Automotive and general engineering
- Nuclear and process industries
The company is known for end-to-end manufacturing, advanced quality control (including destructive/nondestructive testing, CMM, spectrometry, microscopic analysis), and comprehensive supply chain and export support.
3. Recent News and Financial Performance (FY2025)
Business Developments:
- Continued investment in manufacturing automation, technology upgrades, and inventory management for export clients.
- Commissioned R&D initiatives to drive energy-efficient forging (IMRC Center) and expand capabilities for specialty alloys.
- Strengthened strategic relationships with major valve, instrumentation, and OEM companies in North America, Europe, and Asia.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹318 crore |
| Net Profit | ₹27 crore |
| Operating Profit Margin | 15% |
| Net Profit Margin | 9% |
| EPS | ₹15.7 |
| Return on Equity (ROE) | 20.5% |
| Dividend Payout % | 16% |
| Debt | Controlled |