- Business
- KDDL Limited KDDL Limited engages in the manufacture and sale of watch components including dials, hands, indexes, appliques and bracelets under the Taratec brand; precision engineering components and progressive tools under the Eigen brand for applications in electrical and electronics, automobiles, consumer durables, industrial engineering, aerospace and defence, and alternate and renewable energy sectors; ornamental packaging solutions under the Ornapac brand comprising luxury boxes for watches and jewellery made from wood, leather, metal, PU and sustainable materials; and retail of luxury and pre-owned watches, accessories and related services through its subsidiary Ethos Limited, India's largest chain with over 50 stores. The company operates manufacturing facilities in Parwanoo, Bengaluru and Dobbaspet in India, as well as in Grenchen, Switzerland through subsidiaries, and exports to global luxury watch brands primarily in Switzerland and Europe while serving domestic and international OEMs in precision sectors. Incorporated in 1981 and headquartered in Chandigarh, India, KDDL Limited maintains a diversified portfolio across three segments: Precision and Watch Components; Watch, Accessories and Other Luxury Items and Related Services; and Others, with subsidiaries including 100% owned Mahen Distribution Limited, Pylania SA, Estima AG, Kamla International Holdings SA and Artisan Watch Products Private Limited, and 93% owned Silvercity Brands AG for the Favre Leuba premium watch brand. Recent developments include the 2024 commencement of commercial production of steel bracelets at its new Dobbaspet facility in Karnataka; the March 2025 incorporation of 80%-owned Artisan Watch Products Private Limited to expand artisanal watch components; the acquisition of additional equity in Pylania SA from Kamla International Holdings SA, making it a direct 100% subsidiary as of fiscal 2025; increased holding in Silvercity Brands AG to 93.07% through Mahen Distribution Limited; continued growth in the precision engineering segment with 44% year-over-year revenue increase in H1 FY26; and declaration of an interim dividend of 15 rupees per share in Q2 FY26 amid robust consolidated revenue growth of 29.5% year-over-year.