- Business
- ATV Projects India Limited (ATVPR.BO) provides engineering, procurement, and construction services for heavy industrial projects, including turnkey solutions in power, cement, petrochemical, and fertilizer sectors; fabricates specialized equipment such as pressure vessels, heat exchangers, storage tanks for petroleum and chemicals, rotary kilns, draft tubes, and distributor assemblies for hydropower plants; and supplies components for sugar mills, desalination plants, and related infrastructure. Founded in 1978 and incorporated as a public limited company in 1987, the Mumbai-headquartered firm operates primarily in India, targeting clients in energy, manufacturing, and process industries through partnerships with international technology providers. In recent developments, ATV Projects entered into a memorandum of understanding with Shri Vrinda Infracon Private Limited for land development, ratified by shareholders; reported net profit growth to Rs 7.40 crore for fiscal year 2025 with sales up 14.69% to Rs 70.57 crore; and continues executing projects like petroleum storage terminals involving design, engineering, supply, erection, and commissioning.