Beruflich Dokumente
Kultur Dokumente
IndustrialFastener
India
September2011
ExecutiveSummary
Market
Overview
Import
Export
IndustrialFastenermarketconsistsofnuts,screws,bolts,washersetc.
Productionofnutsandboltshaveremainedsteadyovertheyears
PresentmarketsizeofindustrialfastenersisaboutINR15bn
Present market size of industrial fasteners is about INR 15 bn
Importshaveincreasedmarginallyovertheyears
ExportshaverisensignificantlyasIndianautomobilesarebeingacceptedinnewmarkets
Drivers
Challenges
Developingautosector
Drivers&
D
i
&
Challenges
Increasingcostofrawmaterials
Stronggrowthinotherengineering
Strong growth in other engineering
sector
EU th t
EUthreat
Risingexports
IntroductionofGST
MajorPlayersintheMarket
Competition
GKW Ltd
GKWLtd.
LakshmiPrecision
ScrewsLtd.
INDUSTRIALFASTENERMARKETININDIA2011.PPT
Market
MarketOverview
Overview
Import&Export
Drivers&Challenges
Di
& Ch ll
GovernmentInitiatives
Competition
Strategic
StrategicRecommendations
Recommendations
INDUSTRIALFASTENERMARKETININDIA2011.PPT
Industrialfastenersmarketisgrowingsteadilyandis
expectedtogrowfurtherinthefuture
Overview IndustrialFasteners
MarketSizeandGrowth(2011)
20
15
Production:Nuts&Bolts
90,629
90,567
85,027
+20%
18
15
10
5
0
2011e
2012e
MarketSegmentation
tons
100,000
INR bn
89,640
Unorganized
83,429
80,000
25%
60 000
60,000
40,000
20,000
75%
2006-07
2006
07 2007
2007-08
08 2008
2008-09
09 2009
2009-10
10 2010-11
2010 11
(Apr-Dec)
Note:Allfiguresforrespectivefinancialyearending31stMar
Organized
Organizedsectorincludesimports
Source:IndustrySources;MinistryofCommerceandIndustry
INDUSTRIALFASTENERMARKETININDIA2011.PPT
Keepingacheckoninputpriceswillbethebiggestchallenge
forthemanufacturers
BargainingPowerofSuppliers
Steelandcoal bothintegral
partofproductionare
becomingscarceandpricesare
beco
g sca ce a d p ces a e
difficulttocontrol
Impact
Low
Impact
Medium
ThreatofNewEntrants
Autocompaniesstress
onlongterm
relationshipforallhigh
valued items including
valueditemsincluding
fasteners
NeedofR&Dforhigh
valueditems
Impact
High
Impact
p
Medium
InternalRivalry
Largenumberofplayersinthe
unorganizedsectorvyingfor
the same market
thesamemarket
ThreatofSubstitutes
Theunorganizedsector
standstolosemorein
case of technological
caseoftechnological
innovation
Impact
Medium
BargainingPowerofBuyers
Autocompaniesalwayshave
multiplevendorstosupply
fasteners to ensure
fastenerstoensure
competitiveness
Source:NetscribesAnalysis
INDUSTRIALFASTENERMARKETININDIA2011.PPT
Market
MarketOverview
Overview
Import&Export
Drivers&Challenges
Di
& Ch ll
GovernmentInitiatives
Competition
Strategic
StrategicRecommendations
Recommendations
INDUSTRIALFASTENERMARKETININDIA2011.PPT
Asiancountriesaccountforthebulkofthecritical
requirementoffastenersfortheIndianmarket
IndustrialFasteners Imports
Imports Value
AsofMarch01,2011:Excisedutiesspecified Cenvat
of10%andExciseCessof3%
Asof200910,top3countriesfromwhereindustrial
fastenerswereimportedtoIndiaincludeKorea,
China,Germany
ImportsfromKoreawereINR3.12bn,fromChinaINR2.45
bn and that of Germany was INR 2 10 bn
bnandthatofGermanywasINR2.10bn
INRbn
15,000
10,000
18%
38%
14%
8%
12%
9%
13,637.4
200809
200910
10,123.1
11 807 9
11,807.9
5,000
0
200708
Segmentation(200910)
13,744.4
201011
(AprDec)
Segmentation(201011AprDec)
KoreaRP
China
Germany
Japan
USA
Others
17%
32%
16%
8%
13%
13%
China
KoreaRP
Japan
Germany
USA
Others
Note:HSCode7318.Itincludesscrews,bolts.Nuts,screwhooks,coachhooksrivets,cotters,cotterpins,washers
Source:commerce.nicExportImportDataBank
INDUSTRIALFASTENERMARKETININDIA2011.PPT
ExporttrendsinIndiahaveseengrowthwithincreasing
industrialization
IndustrialFasteners Exports
Exports Value
ExportshavegrownsteadilyinIndia
INRbn
Foundwideracceptance
Newmarketsopeningup
Encouragementgivenbygovernmenttoboostexportsin
engineeringsector
Germany,USAandBelgiumwerethetop3countries
for Indian export
forIndianexport
10,000
8,000
8 407 6
8,407.6
8 455 3
8,455.3
200809
200910
7 813 8
7,813.8
6,558.6
6,000
4,000
2,000
0
200708
Segmentation(200910)
27%
37%
12%
7%
8% 10%
201011
(AprDec)
Segmentation(201011AprDec)
Germany
USA
Belgium
UK
UAE
Others
22%
41%
14%
6% 7% 9%
Germany
USA
UK
UK
Belgium
UAE
Others
Note:HSCode7318.Itincludesscrews,bolts.Nuts,screwhooks,coachhooksrivets,cotters,cotterpins,washers
Source:commerce.nicExportImportDataBank
INDUSTRIALFASTENERMARKETININDIA2011.PPT
Market
MarketOverview
Overview
Import&Export
Drivers&Challenges
Di
& Ch ll
GovernmentInitiatives
Competition
Strategic
StrategicRecommendations
Recommendations
INDUSTRIALFASTENERMARKETININDIA2011.PPT
Drivers&Challenges Summary
Drivers
Challenges
Developingautosector
Increasingcostofrawmaterials
Stronggrowthinotherengineering
Strong
growth in other engineering
sectors
EUthreat
Risingexports
IntroductionofGST
INDUSTRIALFASTENERMARKETININDIA2011.PPT
10
Stronggrowthinautomobilesectorwillonlyincreasethe
demandforindustrialfasteners
Impact
Developingautosector
TheautosectorinIndiaisonastrongpathtorecovery:
Both2wheelerand4wheelermarkethavepostedstronggrowth
Overthelastdecade,theautocomponentsectorhasbeengrowingat20%andfastenersformanintegral
partofallautocomponents
Thestronggrowthinautosectorisprimarilyontheaccountof
Risingdisposableincomeofthemiddleclasspopulation
Liberalpoliciesofthegovt.towardstheautosector
Liberal policies of the govt towards the auto sector
Autocompaniesarethebiggestbuyersoffastenersandaccountfor~75%offastenersales
AutoComponentIndustryInvestments
DomesticSalesTrends
Two Wheelers
Commercial Vehicles
Passenger Vehicles
Three Wheelers
mn
400
11.79
600
540
+19%
500
15
10
INR b
bn
9.37
405
324
329
2007-08
2008-09
300
200
1.95
2.52
0.53 0.44
0.68 0.53
100
0
2009-10
2010-11
2009-10
2010-11e
Source:MarketingWhiteBook201112;SterlingToolsAnnualReport201011
INDUSTRIALFASTENERMARKETININDIA2011.PPT
11
Engineeringsectoriswitnessingstronggrowthleadingto
demandforfasteners
Impact
Stronggrowthinotherengineeringsectors
Theengineeringsectorisonastronggrowthpathbecauseoftheriseinexports
HighdemandfromnewmarketslikeNorthAmerica
WestAsiaandAfricaisalsoopeningtoIndianengineeringexports
i
d fi i l
i
di
i
i
Thisstronggrowthisbecauseofthegovt.reimbursestheexportersonthetaxespaidonthe
importequivalentcontentofexportproducts
Engineeringexportsincludetransportequipment,capitalgoods,othermachinery/equipment
and light engineering products like castings, forgings and fasteners
andlightengineeringproductslikecastings,forgingsandfasteners
Almostalltheengineeringsectorsneedfasteners,soarobustgrowthinallthesesectorswillsee
thefasteningindustrytogrow
ConstructionEquipmentMarket
SalesofTractors
000
INR bn
400
300
353
347
343
360
296
553.1
600
+22%
400
200
200
100
0
449.9
366.0
242.1
297 7
297.7
169.8
196.9
2009
Source:SterlingToolsAnnualreport,201011
INDUSTRIALFASTENERMARKETININDIA2011.PPT
12
Indianvehicleshavefoundacceptanceintheinternational
marketthuspushinguptheneedoffasteners
Impact
Strongexportmarket
DifferentbrandsareutilizingtheIndianautomobileengineeringexpertisetomanufactureand
exportmaximumno.ofvehiclesfromtheirIndianplants
TheyareexpandingtheirmanufacturingfacilitiesowingtoIndia'sstrongengineeringbaseandexpertisein
themanufacturinglowcost,fuelefficientcars
UnitedKingdomisthelargestexportmarketforIndia'sautomobileindustryfollowedby
Germany,NetherlandsandSouthAfrica
Exportmarketforengineeringgoodsasawholeispoisedtogrowatatremendousrate
Export market for engineering goods as a whole is poised to grow at a tremendous rate
Strongexportmarketwillseethedemandforfastenerstoincrease
ExportsofEngineeringProducts
RisingExports:Automobiles
Two Wheelers
Three Wheelers
Passenger Vehicles
Commercial Vehicles
6,000
000
2,000
1,500
,
+24%
5,400
4,000
1,540
1 140
1,140
2 250
2,250
1,000
500
INR bn
446
173
453
45
2,000
270
2009-10
76
2010-11
2011
2015 e
Note:Engineeringexportsincludeheavyengineeringgoods,transportequipments,capitalgoods,othermachinery/equipmentandlight engineeringproductssuchas
castings,forgingsandfasteners
Source:SterlingToolsAnnualReport201011;BusinessStandardGovt.eyes$120bnengineeringexportsby2015,Feb2011
INDUSTRIALFASTENERMARKETININDIA2011.PPT
13
Auniformcodeoftaxationwillensuretransparencythus
reducingthetaxationburdenonthemanufacturer
Impact
IntroductionofGST
IntroductionofGST(Goodsandservicestax)willbenefittheIndianmanufacturingsector
immensely,includingthatoffastenerindustry
Itislikelytocommencefrom1st April2012
Throughataxcreditmechanism,thistaxiscollectedonvalueaddedgoodsandservicesateachstageofsale
orpurchaseinthesupplychain
TheimplementationofGSTwillleadtotheabolitionofothertaxessuchasoctroi,CentralSalesTax,State
levelsalestax,entrytax,stampduty,telecomlicensefees
UnderGST,thetaxationburdenwillbedividedequitablybetweenmanufacturingandservices,througha
lowertaxratebyincreasingthetaxbaseandminimizingexemptions
Source:IndustrySources;gstindiaWhatisGST2011
INDUSTRIALFASTENERMARKETININDIA2011.PPT
14
Risinginputcoststakeatollontheprofitabilityofthe
manufacturer
RiseinInputprices
Impact
Thepriceofcokingcoalhasincreasedbytwoandahalftimesintheinternationalmarket,sothe
finishedproducti.e.steelpriceshasseenanupswing
ThepriceofHRcoilshasbeenincreased7timesoverDec2010 Mar2011byINR9,000perton
Industryexpectsfinishedsteelpricestorisebyanaverage7%in2012thanin201011
Increaseinsteelpricesisexpectedtohaveacascadingeffectonthepriceoffastenersasthe
pricesofinputswillgoup
p
p
g p
PricesofHRCcoilsisexpectedtorisebyanotherINR1,500fromOctober,2011
PriceofSteel
Hot Rolled Coils
INR
Steel Billets
50,000
45,000
43,41043,590
43,610
43,610
43,490
43,540
44,140
34,71034,690
34,950
35,130
34,870
35,450
36,430
9/1/10
10/1/10
11/1/10
12/1/10
1/1/11
40,000
45,710
45,250
37,560
2/1/11
43,860
43,960
44,110
37,360
37,360
37,300
38,160
3/1/11
4/1/11
5/1/11
6/1/11
35,000
30,000
7/1/10
8/1/10
Source:MetalMinerIndianSteelPricestoRisefromOctober,Sep2011
INDUSTRIALFASTENERMARKETININDIA2011.PPT
15
EUposesaconsiderablethreattotheIndianexporterson
accountofstrictantidumpinglaws
EUthreat
Impact
EuropeanUnionhasthreatenedtoimposeatariffontheimportIndianfastenersastheyfear
theirproducersmightbevictimsofsubsidiesandpriceundercutting
InJuly2010,theEUclosedsimilarinquiriescoveringimportsofthesamegoodsfromIndiaandMalaysia
withoutimposingduties
UnderEUpractices,thecommissioncanimposeprovisionalantisubsidydutiesforfourmonths
andprovisionalantidumpingleviesforsixmonths
Asaresultofthis,Indianexportersmightloseoutsomeofthemostlucrativemarkets,ifextra
dutiesarelevied
Source:ChinaFastenersEUrevivesthreatofdutiesonIndianstainlesssteelfasteners,May2011
INDUSTRIALFASTENERMARKETININDIA2011.PPT
16
Market
MarketOverview
Overview
Import&Export
Drivers&Challenges
Di
& Ch ll
GovernmentInitiatives
Competition
Strategic
StrategicRecommendations
Recommendations
INDUSTRIALFASTENERMARKETININDIA2011.PPT
17
Governmentwantstodeveloptheindustrialfastenermarket
throughaslewofbenefitsthroughSSIsector
GovernmentSubsidiesAndIncentives
AlltypesoffastenersexcepthightensileandspecialtypeoffastenersarereservedforSSISector
Thefastenerindustryhasbeendelicensedandiseligiblefor100percentFDIundertheautomaticroute
Scheme
Details
TheinvestmentlimitfortheSSIsectorwillcontinuetobeatINR10mn
PolicySupport
TheMinistryofSSIbringsoutaspecificlistofhitechandexportorientedindustries
whichwouldrequiretheinvestmentlimittoberaiseduptoINR50mntoadmitof
suitabletechnologyupgradation
FiscalSupport
ToimprovethecompetitivenessofSmallScaleSector,theexemptionforexciseduty
limitraisedfromINR5mntoINR10mn
CreditSupport
ThecompositeloanslimitraisedfromINR1mntoINR2.5mn
InfrastructuralSupport
TheIntegratedInfrastructureDevelopment(IID)Schemewillprogressivelycoverall
areasinthecountrywith50%reservationforruralareas
TechnologicalSupportandQuality
Improvement
p
OnetimeCapitalGrantof50%willbegiventoSmallScaleAssociationswhichwishto
developandoperateTestingLaboratories,providedtheyareofinternationalstandard
p
p
g
,p
y
Source:MinistryofMicro,SmallandMediumEnterpriseComprehensivepolicypackageforSSIandtinysector
INDUSTRIALFASTENERMARKETININDIA2011.PPT
18
Market
MarketOverview
Overview
Import&Export
Drivers&Challenges
Di
& Ch ll
GovernmentInitiatives
Competition
Strategic
StrategicRecommendations
Recommendations
INDUSTRIALFASTENERMARKETININDIA2011.PPT
19
MajorPlayers(1/12)
CompanySnapshot:GKWLtd.
CorporateInformation
Headquarters
FinancialPerformance
Revenue
Mumbai
INR bn
Founded
1992
1.5
Products
Presstools,dyes,fasteners,sheet
metal stampings
metalstampings
1.0
KeyPeople
J.D.Curravala,,MD
INR bn
Net Income
1.18
0.86
0.5
2
0.25
0.41
0.0
1
0
2008
2009
2010
2011
Business Highlights
BusinessHighlights
PresentannualturnoverisINR630mn
ThecompanyhasadevelopmentlaboratoryatBhandup,Mumbai
ItboastsofISO9000certificationatallitsfactories
In2009,GKWhadsoldPowmexSteelsUndertakingDivisiontoGraphiteIndiaforINR436mn
TosupportitsoverseasoperationGKWLtd.hasownedsubsidiaryunderthenameofGKWOverseasTradingLtd.
Ason31st March2011Indianpromoterscontrol60%oftheshareholdingoftheissuedsharecapitalwhereasthe
foreign promoters have 15% of the same
foreignpromotershave15%ofthesame
Ason31st marchthecompanyhasreservesandsurplusofINR548mn
Source:PressArticles;CompanyWebsites;CapitalIQ
Note:Allfiguresforrespectivefinancialyearending31st Mar
INDUSTRIALFASTENERMARKETININDIA2011.PPT
20
MajorPlayers(2/12)
CompanySnapshot:LakshmiPrecisionScrewsLtd.
CorporateInformation
Headquarters
Founded
FinancialPerformance
Revenue
Rohtak
INR bn
1972
Products
3.14
4
3
Bolts,screws,nuts,AllenKey
INR bn
Net Income
2.52
2.31
0.10
2.60
0.05
KeyPeople
LalitKumarJain,Chairman
0.00
2008
2009
2010
2011
Business Highlights
BusinessHighlights
Asof31st March2011,theinstalledcapacityofLakshmiPrecisionScrewsLtd.was23,146metrictonnesperannum
Itservessectorssuchaswindenergy,locomotives,automobiles,agricultureequipment,machinebuilding,andindustry
ThecompanyalsoexportsitsproductsprimarilytotheUnitedStates,Australia,Canada,Denmark,Dubai,France,
Germany,HongKong,Indonesia,Japan,Malaysia,Singapore,SouthAfrica,Switzerland,andSweden
TheyhaveenteredintoalicensingagreementwithAcumentGlobalTechnologiestomanufactureTorxdrive
AlsoenteredintolicenseagreementwithDORKENofGermanytoprovidefinishingcoatingsinDeltaToneandDelta
Seal
Thepromoteranddirectorsofthecompanyoccupyasmuchas62..8%ofthetotalsharesofthecompany
Source:PressArticles;CompanyWebsites;CapitalIQ
Note:Allfiguresforrespectivefinancialyearending31st Mar
INDUSTRIALFASTENERMARKETININDIA2011.PPT
21
MajorPlayers(3/12)
CompanySnapshot:SundaramFastenersLtd.
CorporateInformation
Headquarters
FinancialPerformance
Revenue
Chennai
INR bn
Founded
1966
Products
Automotiveandengineering
components,sinteredlevers,bearing
races,clutchparts
KeyPeople
SureshKrishna,MD
3
2
INR bn
Net Income
2.5
1.5
1.5
0.20
0.15
1.8
0.10
0.05
0.00
2008
2009
2010
2011
Business Highlights
BusinessHighlights
SundaramFastenersLimitedisapartoftheINR225bnTVSGroup
IthasoperationsinIndia,China,theUnitedKingdom,Malaysia,andGermany
Theselocationsaresupportedbysales,engineeringandlogisticscapabilitiessoastomaximizecustomersatisfaction
Asapartofitsdiversificationstrategy,thecompanywantedtosupplyfastenerstoothernonautocompaniesaswell
Thismovewouldhelpthecompanytoinsulateitselffromthecyclicaltrendsintheautomotiveindustry
Note:Allfiguresforrespectivefinancialyearending31st Mar
INDUSTRIALFASTENERMARKETININDIA2011.PPT
22
MajorPlayers(4/12)
CompanySnapshot:SterlingToolsLtd.
CorporateInformation
Headquarters
FinancialPerformance
Revenue
Faridabad
INR bn
Founded
1979
2.0
1.5
Products
Protectioncoatings,propellershaft
bolts/nuts,centrebolts,trackshoe
bolts/nuts,rivets
AnilAggarwal,MD
0.0
KeyPeople
INR bn
Net Income
1.3
1.6
1.7
0.05
0.00
1.0
1.0
-0.05
0.5
-0.10
2008
2009
2010
2011
Business Highlights
BusinessHighlights
SterlingToolsLtdwasaprivatelimitedcompanyin1979andwasturnedintoapubliclimitedcompanyin1994
ItisamongtheleadingOEMsuppliersinIndiaservingtheneedsofleadingautomotivecompaniesinIndia,Europeand
USA
Thefastenersaremadeasperthespecificationsoftherespectivecountries
PanIndiatheyhave60dealers
In201011thecompanyenteredintoaTechnologyTieupwithIllinoisToolWorks,aUSAbasedcompanyfor
importingTechnologyformanufacturingoffasteners
Revenueearnedfromexportsincreasedby121%in201011tothatof200910
Source:PressArticles;CompanyWebsites;CapitalIQ
Note:Allfiguresforrespectivefinancialyearending31st Mar
INDUSTRIALFASTENERMARKETININDIA2011.PPT
23
MajorPlayers(5/12)
CompanySnapshot:ABMFastenersLtd.
CorporateInformation
BusinessHighlights
H d
Headquarters
t
N D lhi
NewDelhi
Productionoffastenersisasperinternational
standardslikeANSI,BS,DINetc.
Founded
1976
Products
Tappingscrews,chipboardscrews
KeyPeople
HarsharanSingh,VP
ABMFastenersandABMToolsformthesister
concernsofABMFasteners
CompanySnapshot:AcmeFasteners
p y
p
CorporateInformation
BusinessHighlights
Headquarters
NewDelhi
Founded
1997
Products
Bolts,SpecialFasteners
Key People
KeyPeople
Naveen Sharma NA
NaveenSharma,NA
Leadingimporterandstockistofvarioushighquality
fasteners
TheyareonlyauthorizeddistributorforYFSbrandof
socketfastenersinIndia
Theysupplyspecialandautomobilefastenersasper
customersdrawings/specifications
Source:Factiva;CapitalIQ;Securities
Note:Thelistisnotexhaustive
INDUSTRIALFASTENERMARKETININDIA2011.PPT
24
MajorPlayers(6/12)
CompanySnapshot:ABCFastenersLtd.
CorporateInformation
BusinessHighlights
H d
Headquarters
t
M b i
Mumbai
Founded
2000
Serves150companiesacrossvarioussectorslike
Electrical&Electronics,Telecom,Automobiles,
Fertilizersetc
Products
Nuts,Bolts,EyeNut
ThefastenersareproducedasperDIN,ISO,BSJIS&
ASTMstd
KeyPeople
NA
CompanySnapshot:AtopFastenersPvt.Ltd.
p y
p
p
CorporateInformation
BusinessHighlights
Headquarters
Mohali
Founded
1988
Products
Circlips,Washers,Dowels,Lock
Retainers
AtophasbeencertifiedasISO/TS/16949Companyin
July2007byTUVSud
ThecompanyhasfiveplantsinIndiawhichareinthe
businessofmanufacturingtheautocomponent
In2010,thecompanyhadearnedprofitsworthINR
4.5mntothatofINR3.8mnin2009
KeyPeople
ParveenKaur,Director
Source:Factiva;CapitalIQ;Securities
Note:Thelistisnotexhaustive
INDUSTRIALFASTENERMARKETININDIA2011.PPT
25
MajorPlayers(7/12)
CompanySnapshot:Boltsman
CorporateInformation
BusinessHighlights
H d
Headquarters
t
N D lhi
NewDelhi
In200809thecompanyintroducedIndiasfirst
OnlineFastenersEnquirySystem
Founded
1962
Products
Bolts,Washers,Nuts,Rivets
KeyPeople
NishantGupta&BhanuVikrant,
Holdingpartners
TheirclienteleincludescompaniesfromEngineering
Industries,CoolingequipmentIndustry,automobile
industryetc.
CompanySnapshot:BharatIndustrialFasteners
p y
p
CorporateInformation
BusinessHighlights
Headquarters
Chennai
Founded
1975
Products
Screws,pins,steelballs,hottip
galvanizing
Apartfrommakingtheirownrangeofindustrial
fastenerstheyalsoundertakethetaskofmaking
industrialfastenersforothercompanies
Theyarethemanufacturers,tradersandexportersof
dealersforallkindsofbolts,nuts&industrial
fasteners
KeyPeople
N.A.
Source:Factiva;CapitalIQ;Securities
Note:Thelistisnotexhaustive
INDUSTRIALFASTENERMARKETININDIA2011.PPT
26
MajorPlayers(8/12)
CompanySnapshot:GripwelFasteners
CorporateInformation
BusinessHighlights
H d
Headquarters
t
N D lhi
NewDelhi
Providesfastenersandgrippingsolutionsfortractors
above80HPcategory
Founded
1984
JohnDeere,MasseyFerguson,CaseNewHolland,
Fiat,Mahindraaresomeofitsclients
Products
Hitchballs,weathercaps,pins
KeyPeople
NA
Italsoprovidesmachinedcomponentsforthe
It also provides machined components for the
AgricultureandConstructionmachinerysegments
AllitsfactoriesareISO9000certified
CompanySnapshot:KarnaInternational
p y
p
CorporateInformation
BusinessHighlights
Headquarters
Ludhiana
Founded
1992
Products
Anchors,Threads,Nuts,Bolts
ManufacturingfacilityisISO9000certifiedandspans
overaareaof25,000sqyards
Apartfrommanufacturingfasteners,theyalsoexport
variousmetalcomponentsandfastenerstoclients
abroad
Itisalsocertifiedbygovt.ofIndiaasastarexporthouse
Key People
KeyPeople
Source:Factiva;CapitalIQ;Securities
Note:Thelistisnotexhaustive
INDUSTRIALFASTENERMARKETININDIA2011.PPT
27
MajorPlayers(9/12)
CompanySnapshot:MicronPrecisionScrewsLtd.
CorporateInformation
H d
Headquarters
t
R ht k
Rohtak
Founded
1979
BusinessHighlights
MicronPrecisionScrewscontainsmakespecial
fastenersandautomobilecomponentsasper
customerblueprints
In2000,theybecameaINR585mncompany
Products
Socket,Hexproducts,Pinproducts
KeyPeople
KaranVig
Ithasthecapacitytoproduce5,000differenttypesof
It has the capacity to produce 5,000 different types of
fastenersandproduces3,000Toffastenersperyear
CompanySnapshot:PacificForging&FastenersPvt.Ltd.
p y
p
g g
CorporateInformation
BusinessHighlights
Headquarters
Mumbai
Founded
NA
Products
Hotforgedproducts,CNCmachine
products
KeyPeople
NA
TheyfollowASTMSpecificationinallthegradesof
products
Maintainsa24hourhelplineincaseofemergency
breakdown
Alsoprovidesvariousserviceslikeengineering
services,supplychainservices,automatedsupply
h
services,heattreatmentetc.
Source:Factiva;CapitalIQ;Securities
Note:Thelistisnotexhaustive
INDUSTRIALFASTENERMARKETININDIA2011.PPT
28
MajorPlayers(10/12)
CompanySnapshot:KaramtaraFastenersPvt.Ltd.
CorporateInformation
BusinessHighlights
H d
Headquarters
t
M b i
Mumbai
Founded
2004
Products
Telecomtowers,electricitytowers
KeyPeople
T.H.M.Singh, Director
KamtaraFastenersPvt.Ltd.hasbeenawardedISO
9001certification
KFPLhasaddedtheadvantageofaninhouse
CeramicGalvanizingBath,whichhashelpedKFPLgain
anedgeoverothermanufacturersintheindustry
IncomeincreasedfromINR469mnin2009toINR
567mnin2010
CompanySnapshot:KitoFasteners
CorporateInformation
BusinessHighlights
Headquarters
Ludhiana
F
Founded
d d
1988
Products
Galvanizedsteelwire,bolt,nuts,
washers,slidingnails
KitoFastenershavetheirglobalpresenceincountries
likeAustralia,NewZealand,Dubai,Kuwait,Saudi
Arabia etc
Arabiaetc.
Followstotalqualitymanagementsystemstoensure
astrictcheckonquality
Key People
KeyPeople
Source:Factiva;CapitalIQ;Securities
Note:Thelistisnotexhaustive
INDUSTRIALFASTENERMARKETININDIA2011.PPT
29
MajorPlayers(11/12)
CompanySnapshot:DeepakFastenersLtd.
CorporateInformation
H d
Headquarters
t
L dhi
Ludhiana
Founded
1956
Products
Nuts,Washers,Screws
KeyPeople
N.A.
BusinessHighlights
Ithas4productionunitswhichfollowInternational
StandardslikeDIN,ISO,IS,ASTM,BS,ANSIetc.
In2008,DFLacquiredtheworldwiderightsofthe
UnbrakobrandfromSPSTechnologies,asubsidiaryof
PCCgroupofUSA
In2010,DeepakFastenersraiseditsfirstroundof
fundingworthINR675mnfromBanyanTreeGrowth
Capital
CompanySnapshot:PrecisionFasteners
CorporateInformation
BusinessHighlights
Headquarters
Ludhiana
F
Founded
d d
1963
Products
Bolts,Fasteners,Nuts,coatings
GloballytheyarepresentinRussia,NewZealand,
Australia,Singapore,Africa,MiddleEast,UK,Brazil
among others
amongothers
Itsclientlistincludesclientsfromdiversifiedfields
likeauto,oil,whitegoods,poweretc.
KeyPeople
DilipSinghLodha,MD
Source:Factiva;CapitalIQ;Securities
Note:Thelistisnotexhaustive
INDUSTRIALFASTENERMARKETININDIA2011.PPT
30
MajorPlayers(12/12)
CompanySnapshot:RishiInternational
CorporateInformation
BusinessHighlights
H d
Headquarters
t
L dhi
Ludhiana
Founded
1974
Products
Nuts,HeavySteelForging,Pipe
clamps
l
KeyPeople
RishiGupta,NA
RishiInternationalisaISO9001:2000certified
company
InternationalcustomersofRishiInternationalare
fromcountrieslikeAmerica,Qatar,Canada
Thecompanyisbackedbyaresearchteam,soasto
innovateandmaintainquality
CompanySnapshot:NexoIndustriesPvt.Ltd.
CorporateInformation
BusinessHighlights
Headquarters
Ludhiana
F
Founded
d d
1964
Products
Fasteners,metalscrapings
KeyPeople
RajinderSingh, MD
Thecompanyisengagedinmanufacturingand
exportsofmildsteelandhightensilegalvanized
Hexagonal Bolts and Nuts
HexagonalBoltsandNuts
Asof2009,theproductionstatuswas22,305MT
ItisaISO9002certifiedcompany&alsocertifiedby
TUV
NexoIndustriesaretheonlyISOCertifiedCompanyin
IndiaforHotDipGalvanizedFasteners
Source:Factiva;CapitalIQ;Securities
Note:Thelistisnotexhaustive
INDUSTRIALFASTENERMARKETININDIA2011.PPT
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Market
MarketOverview
Overview
Import&Export
Drivers&Challenges
Di
& Ch ll
GovernmentInitiatives
Competition
Strategic
StrategicRecommendations
Recommendations
INDUSTRIALFASTENERMARKETININDIA2011.PPT
32
StrategicRecommendations
Achievingeconomiesofscale
soastooffsettheincreasein
rawmaterialprices
Business
Sub
segments
High
In
ndustry
Attraactiveness
Investintechnologyandcreate
a point of difference
apointofdifference
Success
Elements `
Medium
Capital
Intensive
Recommendations
InvestinR&D
EntryasOEMsuppliers
Skill
Intensive
Recommendations
Focusonreplacement
demandthroughlarge
dealers
Labor
Intensive
Recommendations
Highlycompetitive
Nopointofdifference
Preferablystayaway
Buildcrediblerelationshipswith
customers
Low
Maintainastrongsupplychain
andoptforglobaltieups
d tf
l b l ti
Source:NetscribesAnalysis
INDUSTRIALFASTENERMARKETININDIA2011.PPT
33
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