Dr Prashant Mishra
Dr Prashant Mishra

@drprashantmish6

16 Tweets 96 reads Mar 03, 2023
Sealmatic india -
✍️Manufacturer of Mechanical seal for
• Pumps
• Compressors
• Rotary Applications
• Seal Supply System Components
Sealmatic designs and manufactures mechanical seals and associated products, sealing support systems mainly for the oil & gas,
refinery, petrochemical, chemical, pharmaceutical, fertilizer, power, mining, pulp & paper, aerospace, marine and many more industrial applications.
✍️With a wide range of products and services, Sealmatic has solutions for every sealing requirement – such as Pusher Seals, Standard Cartridge Seals, Elastomer Bellows Seals, Metal Bellows Seals, Engineered Seals, Split Seals, Gas-Lubricated Seals and many more.
So basically seal is very important and critical part in its application and major market is dominated by MNCs , and i feel it is difficult to penetrate this market .
✍️Now something about promotor -
Mr Umar Balwa was the founding promoter of Burgmann India Pvt Ltd which
was a subsidiary of Feodor Burgmann Dichtungswerke GmbH & Co KG in the years 1993. Burgmann India Pvt Ltd was a joint venture between Feodor Burgmann Dichtungswerke GmbH & Co KG and the Balwa family with 51:49% equity participation.
Mr Umar Balwa successfully lead the company in India with a sizeable market share until 2007, when the parent company Feodor Burgmann Dichtungswerke GmbH & Co KG was taken over by the Freudenberg Group and under a friendly agreement the Balwa family sold their 49% shares in
the company to the parent organisation.
In 2009 Mr Balwa started Sealmatic india ltd
✍️Manufacturing unit
1- Mira Road
2-upcoming facility in Vasai - it will increase capacity by 60%
✍️The global mechanical seals market stood at USD 3.20 billion in 2018 and is projected to reach USD 4.77 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period. Growth is attributed to the growing manufacturing as well as industrial sectors.
✍️Indian seal Market- The Industrial seals market in India has shown significant growth in the past two decades and is expected to grow moderately in the coming future . indian Mechanical Seals market was valued at INR 1900 crores in 2022 and is
projected to reach INR 2800 crores
by 2028
✍️FY 22 Revenue - 42 cr and net profit 5.43 cr with opm more then 20% in last 3 years
billion by 2028, growing at a CAGR of 3.6 per cent from 2021 to 2028
✍️Company has about 77% of its total sales from export of its product and 23% from domestic sales
✍️Customers
✍️Raw material- company is importing raw material from USA, Germany and UK from approved sources of various international sealing companies. Seal Faces such as carbon and silicon carbide are imported from USA & Germany. Elastomers are imported from Germany
✍️Competitors-
-SKF (SKF AB)
- John Crane (Smiths Group Plc.)
- Flowserve Corporation
-Eagleburgmann
are the leading market players. SKF holds the largest market share, as per the mechanical seals market report.
👉now question is
- Will sealmatic able to maintain growth and margins ?
- How they will compete with big established MNCs
"Pessimism sounds smart, optimists make money.
i am optimistic for Sealmatic because of Promotors capability .
This is not a buying or selleing recommondation , its a information about newly listed very small company
( Disclosure- I Bought some shares of Sealmatic) and company came to my notice because of @GunavanthVaid .

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