- Business
- Ameya Precision Engineers Ltd. (AMEYA.NS) manufactures high-end precision engineering components for the valve, pump, oil and gas, power, water management, and defence sectors. The company produces shafts, stems, hard-facing and corrosion resistant overlays, precision trim parts including seats/discs, plugs, impellers/stationary rings, pump bushes/sleeves, and valve bonnets, as well as assemblies; it offers specialized services such as CNC turning, milling, grinding, drilling, lapping, vertical turning, PTA welding, PWHT furnace processing, reverse engineering, prototyping, tooling and mould design, and end-to-end solutions from raw material procurement to final despatch in compliance with US, European, and ASME standards. Founded in 1987 as a partnership firm and incorporated as a private limited company in 2012 before converting to public limited status and listing on the NSE Emerge SME platform in September 2022, Ameya Precision Engineers Ltd. is headquartered at Gat No. 345, Kasurdi (KB), Pune-Satara Highway, Pune, Maharashtra, India, with a 68,000 sq. ft. facility including in-house capabilities and audited subcontractors. The company, an ISO 9001:2015 certified One Star Export House, serves international clients across North America, South America, Europe including the UK, Germany, Austria, Slovenia, France, the Middle East, and Southeast Asia such as Singapore, alongside domestic customers like KSB Pumps and AR&DE (DRDO); key clients include Sulzer Pumps (UK), Trillium Flow Technologies (UK), Flowserve Group, Crane Group, and Adams Armaturen GmbH & Co. Recent developments include securing defence sector orders worth INR 87.5 lakhs in FY 2023-24 and an additional INR 57 lakhs by August 2024, integrating 3D printing for casting patterns with orders worth approximately EUR 61,500, completing the first full year of solar panel installation yielding INR 7 lakhs annual electricity savings and 30% cost reduction, receiving a purchase order worth GBP 201,442.10 from Sulzer Pumps (UK) Ltd., appointing Mr. Ramanathan Vydianathan Iyer as additional independent director in August 2024, and reporting strong financial growth with 19.4% turnover increase, 57% EBITDA rise, 75.2% PBT growth, and 60.4% PAT expansion in FY 2023-24. Ameya Precision Engineers Ltd. maintains a debt-free status with surplus funds, promoter holding at 72.3%, and focuses on scalability, quality control with NITON alloy analyser for traceability, and sustainability through advanced technologies and global supply chains.