Simmonds Marshall Limited – Company Report
1. Company Overview
Simmonds Marshall Limited, founded in 1960 and headquartered in Pune, Maharashtra, is an established Indian manufacturer specializing in industrial fasteners and engineered components. The company was initially set up as a private entity in collaboration with Firth Cleveland Fastenings Ltd., UK, but soon transitioned to public ownership, becoming a listed entity. Simmonds Marshall is renowned for its large-scale production of specialized nylon insert self-locking nuts (NYLOC), supplying major domestic and international automotive and industrial manufacturers as an Original Equipment Supplier (OES). Its expansive manufacturing setup boasts a cold forming capacity of over 500 million nuts annually, with product standards conforming to American, British, Japanese, ISO, and Indian norms.
The company, led by Managing Director Navroze Shiamak Marshall, enjoys a robust client base including prominent global names such as General Motors, Fiat, Honda, Caterpillar, Suzuki, Leyland, Dana, and New Holland. Simmonds Marshall is known for product innovation, consistent quality control, and a versatile portfolio catering to the evolving requirements of the automotive and industrial sectors.
- Incorporated: 1960
- Headquarters: Pune, Maharashtra, India
- Leadership: Navroze Shiamak Marshall (MD)
- Listed on: BSE
- Core Focus: Nylon insert self-locking nuts and specialized fasteners
- Manufacturing Scale: 500 million nuts per year
- Market Capitalization (Aug 2025): ~₹156 crore
- Clients: All major Indian and several foreign OEMs in automotive and industrial sectors
2. Products and Services
Simmonds Marshall has built its reputation on a comprehensive product portfolio, advanced technology, and in-house manufacturing facilities:
Product Portfolio:
- Nylon Insert Self-Locking Nuts (NYLOC)
- Cleveloc and all-metal self-locking nuts
- Dome cap, slotted, castle, flange, cage, weld, and wheel nuts
- U-nuts, hose pipe fitting nuts
- Cold forged sleeves, bushes, collars, spacers
- Bolts (via associated group companies) ranging from M5 to M70 diameter
Technological Capabilities:
- Cold nut forging
- Automated bar turning centers for related automotive parts
- Heat treatment, automatic plating, specialized tool rooms
- Quality assurance technology and ISO-certified systems
Industries Served:
- Automotive (major OEMs)
- Industrial manufacturing
- Exports to international automotive manufacturers
Customization and Standards:
- Products manufactured to custom specifications
- Comply with global quality and durability requirements
3. Recent News and Financial Performance
Business Developments:
- Reported strong growth for FY2025, with significant gains in profit margins and operational efficiency
- Increased board activities and compliance updates, including unaudited financial results and operational enhancements
- Promoter holding rose to 59.57% as of June 2025, reflecting long-term confidence
- Continued recognition for quality by global OEM clients, alongside expansion in product lines for domestic and export markets
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹209 crore |
| Net Profit | ₹8.96 crore |
| Operating Profit Margin | 12% |
| Net Profit Margin | 4.3% |
| Dividend | Not declared |