Wilo Mather and Platt Pumps Pvt. Ltd. Company Profile

Background

Overview

Wilo Mather and Platt Pumps Pvt. Ltd. is a leading manufacturer of pumps and pumping systems, specializing in water management, building services, and industrial applications. Established in 1913 as Mather and Platt, the company has been a significant player in India's water supply sector for over a century. In 2005, Mather and Platt became part of Wilo SE, a German-based global leader in pump technology, and was subsequently renamed Wilo Mather and Platt Pumps Pvt. Ltd. The company operates manufacturing facilities in Pune, Kolhapur, and Kesurdi, Maharashtra, and a sales office in Kolkata.

Mission and Vision

Wilo Mather and Platt Pumps Pvt. Ltd. is committed to providing innovative, energy-efficient, and sustainable pumping solutions that address the challenges posed by urbanization, climate change, and resource scarcity. The company's mission is to be the leading provider of customized pumping solutions in India, delivering superior value to customers and stakeholders. Its vision is to shape the future of pumping technology by offering reliable and customer-centric solutions that contribute to a sustainable world.

Industry Significance

As a subsidiary of Wilo SE, Wilo Mather and Platt Pumps Pvt. Ltd. leverages over a century of expertise in pump manufacturing. The company plays a crucial role in India's infrastructure development, providing essential pumping solutions for water supply, sewage disposal, and industrial processes. Its products are integral to various sectors, including building services, water management, and industry, contributing significantly to the country's economic growth and urbanization efforts.

Key Strategic Focus

Core Objectives

Innovation and Sustainability: Developing energy-efficient and environmentally friendly pumping solutions to meet the evolving needs of the market.

Market Expansion: Increasing export revenue to 25% within the next 2-3 years by entering new international markets.

Operational Excellence: Enhancing manufacturing capabilities and product quality to maintain a competitive edge in the industry.

Areas of Specialization

Centrifugal Pumps: Design and manufacture of various centrifugal pumps for water supply, sewage, and industrial applications.

Submersible Pumps: Provision of submersible pumps suitable for diverse water management needs.

End-Suction and Split-Case Pumps: Production of pumps designed for specific industrial requirements.

Packaged Pumping Systems: Development of integrated pumping solutions tailored to customer specifications.

Key Technologies Utilized

High-Efficiency Motors: Incorporation of energy-saving motors to enhance pump performance and reduce operational costs.

Advanced Control Systems: Implementation of intelligent control systems for optimized pump operation and monitoring.

Corrosion-Resistant Materials: Use of durable materials to extend the lifespan of pumps in challenging environments.

Primary Markets Targeted

Domestic Market: Serving various sectors within India, including municipal water supply, sewage treatment, and industrial processes.

International Markets: Expanding presence in the Middle East, South Asia, Africa, Latin America, and plans to enter the U.S. market.

Financials and Funding

Funding History

As a subsidiary of Wilo SE, Wilo Mather and Platt Pumps Pvt. Ltd. benefits from the financial backing of its parent company. The company has made significant investments in its Indian operations, including:

Kesurdi Facility: An investment of €25 million in a state-of-the-art manufacturing plant.

Kolhapur Plant: Establishment of a facility covering approximately 6,000 square meters to manufacture high-efficiency products.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly disclosed.

Notable Investors

The majority shareholder is Wilo SE, holding approximately 90% of the shares.

Utilization of Capital

Infrastructure Development: Expansion and modernization of manufacturing facilities to enhance production capacity and product quality.

Research and Development: Investment in R&D to innovate and develop new products that meet market demands.

Market Expansion: Funding initiatives aimed at increasing export revenue and entering new international markets.

Pipeline Development

Key Pipeline Candidates

The company is focusing on developing high-efficiency pumps and integrated pumping systems tailored to specific industrial applications.

Stages of Development

Design and Prototyping: Ongoing development of new pump models with enhanced energy efficiency and performance.

Testing and Validation: Rigorous testing phases to ensure product reliability and compliance with international standards.

Target Conditions

Urban Water Supply: Addressing the growing demand for efficient water distribution in urban areas.

Industrial Processes: Providing customized pumping solutions for various industrial applications.

Anticipated Milestones

Product Launches: Introduction of new pump models in the next 12-18 months.

Market Penetration: Achieving a 25% revenue share from exports within the next 2-3 years.

Technological Platform and Innovation

Proprietary Technologies

Energy-Efficient Pump Designs: Development of pumps that consume less energy while maintaining high performance.

Smart Control Systems: Integration of IoT-enabled control systems for real-time monitoring and optimization.

Significant Scientific Methods

Computational Fluid Dynamics (CFD): Utilized in the design process to optimize pump hydraulics and efficiency.

Finite Element Analysis (FEA): Employed to assess structural integrity and performance under various operating conditions.

Leadership Team

Key Executives

Hemant Watve: Chairman and Managing Director. With extensive experience in the pump manufacturing industry, Watve has been instrumental in steering the company's growth and expansion strategies.

Georg Waber: Executive Board Member and Chief Technology Officer at Wilo SE. Waber oversees the technological advancements and strategic direction of Wilo's global operations, including the Indian subsidiary.

Competitor Profile

Market Insights and Dynamics

The Indian pump manufacturing industry is characterized by a mix of domestic and international players, with a growing emphasis on energy efficiency and sustainability. The market is expanding due to increased infrastructure development and industrialization.

Competitor Analysis

KSB Limited: A leading Indian manufacturer of pumps and valves, known for its extensive product range and strong market presence.

Kirloskar Brothers Ltd: A prominent player in the pump industry, offering a wide array of pumping solutions for various applications.

La Gajjar Machineries Pvt. Ltd.: Specializes in manufacturing pumps and pumping systems, catering to diverse industrial needs.

Strategic Collaborations and Partnerships

Wilo Mather and Platt Pumps Pvt. Ltd. collaborates with various industry partners to enhance product offerings and expand market reach. For instance, the company has been recognized as the Best Dealer in Water Management for the West Region in 2019.

Operational Insights

The company's strategic focus on innovation, quality, and customer-centric solutions positions it favorably against competitors. Its commitment to sustainability and energy efficiency aligns with global industry trends, providing a competitive edge in the market.