EMCO India Ltd

EMCO is a *3 years old company focused primarily in the T&D segment of Power sector. It is the third largest manufacturer of Transformers in India and a leading player in Electronic Energy Meters and Turnkey Electrical Projects up to **0 kv. EMCO is currently growing at more than *0% year on year basis. For financial year ******7, the company achieved turnover of around Rs.**0 Crores and Profit Before Tax of Rs.*0 Crores. For financial year ******8, the company has budgeted sales of Rs.***0 Crores and Profit of about Rs.**0 Crores before tax. Our vision is to achieve a turnover of Rs.***0 Crores by ***1. The company has recently acquired URJA Engineers Ltd., a Baroda based transmission line company executing turnkey transmission line projects upto **0 kV. This company would add another Rs.**0 Crores to the top line for Financial Year ******8. The company has expanded its manufacturing facilities at all locations to continue to maintain its growth as it intends to double its turnover every two years. EMCO currently has *0% of its sales coming from International business from around *5 countries and its medium term objective is to achieve *0% sales from International market. Further the company has plans for synergic diversification in to Switchgear business, up to **0 kv, which would further add to the top line and bottom line of the company. The company is also in the process of setting up a **0 MW Coal-based Power Project near Nagpur for which it has already obtained the coal linkage from Government of India and has procured the land for the Power Project. The financial closure is under discussion and is expected to be completed soon. The total outlay for this project is Rs.***0 Crores. The company has four manufacturing facilities, three for Transformers and one for Meters and around ***0 employees. All its plants are ISO ***1, ****1 and OHSAS ****1 certified. The company has a vision to make it 'A Great Place to Work.'