- CEO
- Kartik Maganlal Timbadia
- Full Time Employees
- 69
- Sector
- Basic Materials
- Industry
- Steel
- Address
- 201, Navkar Plaza Mumbai India
- IPO Date
- Nov 18, 2011
- Business
- La Tim Metal & Industries Limited, founded in 1975 and headquartered in Mumbai, India, operates primarily in the metal products manufacturing and trading industry. The company specializes in producing and trading color-coated coils and profile sheets used in construction and industrial applications. Its product portfolio includes prepainted galvanized iron (PPGI), prepainted galvanized steel (PPGL), and other colour and design-coated steel and aluminum coils with a capacity exceeding 90,000 metric tons per annum. It also manufactures tungsten and tungsten carbide products, drilling rods, and drilling bits tailored to customer specifications across various sectors.
In recent developments, La Tim Metal & Industries has diversified its business by entering a strategic real estate development partnership with ELTRIA LANDS LLP to develop a gated residential community spanning approximately 49.42 acres in Raigad district, targeting an estimated revenue of ₹70 crores in the first phase. The company also approved a significant capital raise of Rs. 50.86 crore through preferential issues and plans to acquire 29.43 acres of land in Raigad District for expansion. Additionally, it acquired a 75% stake in LA Tim Buildarch LLP to strengthen its footprint in allied business areas. The company has been actively expanding its product range with an increased focus on stone-coated steel roofing sheets and designer printed coils for vertical markets such as the furniture industry.
La Tim Metal & Industries serves markets primarily in India, with notable industrial operations in Maharashtra and Gujarat, including a state-of-the-art colour coating line in Umargaon, Gujarat. Its target customers span construction, infrastructure, furniture manufacturing, and heavy industry sectors. The company operates through wholly owned subsidiaries like La Tim Sourcing (India) Private Limited and strategic LLP ventures to enhance its market and operational reach. It maintains a presence on the Bombay Stock Exchange under the ticker LATIMMETAL.BO and continues to pursue growth through strategic land acquisitions and business expansion initiatives in metals and new sectors such as real estate development.