- Business
- Birla Precision Technologies Limited manufactures and sells machine tool accessories, precision cutting tools, automotive components, and castings primarily in India with exports to over 24 countries including the United States, Germany, Japan, and the Asia-Pacific region. Founded in 1937 and headquartered in Mumbai, Maharashtra, the company operates through four main divisions: BPT Tool Holder, offering AT3-class tool holders, collet chucks, side lock adapters, VDI shank tooling, tapping systems, hydraulic chucks, shrink-fit holders, production boosters, and work holding devices; Indian Tool Manufacturers (ITM) Cutting Tools, providing high-speed steel tools under the Dagger brand such as twist drills, reamers, milling cutters, taps, tool bits, files, hammer drills, and annular cutters; Birla Durotool for powder tool applications; and Automotive & Industrial, producing machined castings, precision components like engine parts, shafts, spools, turbo technologies, hydraulic products, braking systems, and camshafts for clients including Honeywell, Sundram Fasteners, and Cummins. The company maintains five manufacturing plants in Maharashtra—at Nashik, Chalisgaon, and three in Aurangabad—supported by 11 branch offices and over 350 dealers across India and abroad. Recent developments include the 2021 acquisition of MR Tools in the United Kingdom to enter the carbide cutting tools market, with machinery relocated to Nashik; the establishment of subsidiary BPT GmbH in Germany; the March 2025 acquisition of 72,569 shares in Kores India for approximately 30 million rupees; the laying of a foundation stone for a fifth plant in Maharashtra; strong quarterly financial results for September 2025 with record operating profits and net sales growth; and ongoing capacity expansions such as new CNC setups, ERP upgrades, and plans for additional machines in fiscal 2024-25 to enhance productivity and global penetration.