Newkem - Comprehensive Analysis Report
Summary
Newkem, established in 1954, is an innovative solution provider for the construction industry. Originating with the introduction of Calcium Silicate as a thermal insulation system in India, Newkem has evolved into a group comprising Newkem Products Corporation (NPC) and Newkem Engineers Pvt. Ltd (NEPL). Their mission is to provide access to sustainable products and services in fire protection, insulation, steel frame construction, and coatings, ensuring safety provisions and protection of human life and property.
1. Strategic Focus & Objectives
Core Objectives
- To enrich the Construction Industry by developing standards, systems, and solutions for sustainable structures and infrastructure.
- To provide access to new-age products and services in fire protection, insulation, steel frame construction, and coatings globally.
- To ensure excellence in safety provisions and protection of human life and property.
Specialization Areas
- Passive Fire Protection Systems.
- Specialty Coatings.
- Industrial and Commercial Insulation.
- Mechanical and Civil Construction.
Target Markets
- Aims to serve diverse industries, including commercial, residential, structural steel buildings, oil refineries, pre-engineered buildings, steel and cement industries, pharmaceuticals, and refractories.
- Focuses on creating value appreciation for stakeholders and maintaining high standards of customer service and product quality.
2. Financial Overview
Funding History
- Newkem Engineers Pvt Ltd's authorized share capital is Rs. 10,000,000 and its paid up capital is Rs. 9,000,000.
Financial Performance
- Newkem Engineers Pvt Ltd generated a revenue of ₹42.4Cr for the financial year ending on March 31, 2022.
- The revenue of Newkem Engineers Pvt Ltd has a compounded annual growth rate (CAGR) of 43% in the last 1 year.
- Newkem Insulations Manufacturers Pvt Ltd’s operating revenue range is under INR 1 cr for the financial year ending on 31 March 2023. Its book net worth has increased by 27.24%.
3. Product Pipeline
Key Products/Services
- Modern, tested, and approved world standard systems for construction and related industries.
- Offers a range of DuPont's products and systems designed for the Building & Construction Industry.
4. Technology & Innovation
Technology Stack
- Provides innovative solutions in passive fire protection, steel frame construction, protective coatings, and acoustical and thermal insulation.
- Holds the sole manufacturing license in India for Audex and other products of Firespray International Ltd.
5. Leadership & Management
Executive Team
- Dolly Nimish Sura (Director)
- Nimish Vrajlal Sura (Director)
- Kush Nimish Sura (Director)
6. Competitive Analysis
Major Competitors
- Information about specific competitors is not available.
7. Market Analysis
Market Overview
- Information about specific market overview details is not available.
8. Strategic Partnerships
- Collaborates with global leaders, including Isolatek International (USA), Firespray Limited (UK), and DuPont (India).
- These collaborations aid in providing the Indian Construction Industry with systems designed and tested to globally approved standards.
9. Operational Insights
- Newkem is a customer-focused organization determined to fulfill customer needs.
- Focuses on delivering flawless results and ensuring maximized customer satisfaction.
10. Future Outlook
Strategic Roadmap
- Aims to enrich the Construction Industry by developing Standards, Systems, and Solutions to deliver sustainable world class structures, projects, and infrastructure.
- Strives to offer innovative solutions and maintain high standards of customer service and product quality.