Transteel Seating Technologies Limited
NNSE:TRANSTEEL85.80
INR
-2.60
(-2.94%)
Transteel Seating Technologies Limited
NSE:TRANSTEEL
(National Stock Exchange of India)
Recent
price
85.80
P/E
ratio
13.45
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Transteel Seating Technologies Ltd. (NSE: TRANSTEEL) manufactures and sells ergonomic office furniture and seating solutions in India. The company offers a comprehensive range of products including ergonomic chairs with adjustable height, lumbar support, armrests, seat depth, and tilt mechanisms; workstations; office tables and desks for writing, study, computing, or side use; office storage units; meeting tables; lounge chairs; and work-from-home furniture, all available in low, mid, and high-back options with materials such as leather, fabric, metal, or plastic. It provides turnkey interior and workspace implementation services for commercial, residential, educational institutions, corporate offices, SMEs, government workspaces, healthcare facilities, and professional services, primarily through an online platform catering to B2B and corporate requirements with customization options based on style and budget. Incorporated on February 8, 1995, and headquartered at No. 28, 4th Main, Industrial Suburb, Yeshwanthpur, Bengaluru, Karnataka 560022, India, Transteel operates across seven cities serving approximately 80,000 customers in the Indian market. The company focuses on the consumer durables segment within the furniture and home furnishings industry, emphasizing design, ergonomics, and rapid delivery of 10-15 working days with no-questions-asked returns within 24 hours. Recent developments include securing new orders worth INR 75 crore in August 2025, bolstering its order book and revenue potential; anticipation of INR 96.4 million in funding from M/s Atul Saluja announced in December (year not specified but recent); a INR 4 crore growth capital raise from Klub in September 2022 to expand offline presence to 5,000 points of sale and develop new comfort technologies; an initial public offering (IPO) around 2023 enabling listing on the National Stock Exchange; board changes at the 30th AGM on September 29, 2025, including reappointment of Managing Director Shiraz Ibrahim, appointment of Independent Director Shalini Veerendra and Non-Executive Director Ambar Rao, and adoption of FY2025 financials showing revenue of INR 88 crore and profit of INR 13 crore; and a promoter holding decrease of 9.56% over the last quarter amid no dividend payouts despite consistent profitability. These moves reflect strategic expansion in operations, funding, and governance while addressing working capital growth from 179 to 251 days.