AEC

Junagadh, India Founded: 1973 • Age: 53 yrs Acquired By Aurecon
Industrial bearings are manufactured by AEC for various applications.
Annual revenue $12.4M Latest available
Total funding - Funding intelligence
Employees 448 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About AEC

AEC is a company based in Junagadh (India) founded in 1973 was acquired by Aurecon in December 2022. It operates as a Reseller / Distribution. The company has 448 employees as of March 31, 2024. AEC offers products and services including Deep Groove Ball Bearings, Angular Contact Ball Bearings, and Cylindrical Roller Bearings. AEC operates in a competitive market with competitors including Schaeffler, NSK, SpinDrive, NRB Industrial Bearings and Hayley Group, among others.

  • Headquarter Junagadh, India
  • Employees 448 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Austin Engineering Co. Ltd.
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.38 M (USD)
    -4.38
    as on Mar 31, 2024
  • Net Profit
    $449.07 K (USD)
    4.57
    as on Mar 31, 2024
  • EBITDA
    $564.37 K (USD)
    23.05
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    448

    as on Mar 31, 2024

  • Acquired by
    Aurecon

    (Dec 06, 2022)

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IPO & Listings of AEC

AEC is a publicly listed company on the BSE with ticker symbol AUSTENG in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: BSE · Ticker: AUSTENG · Sector: Producer manufacturing · India

Products & Services of AEC

AEC offers a comprehensive portfolio of products and services, including Deep Groove Ball Bearings, Angular Contact Ball Bearings, and Cylindrical Roller Bearings.

Product name locked
Category locked
Primary

Used for high-speed and low-torque industrial applications.

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Category locked
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Designed for combined axial and radial load support.

Product name locked
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Engineered for heavy radial loads in industrial machinery.

People of AEC

Headcount 500-1000
Employee Profiles 3
Employee Profiles
People
Harsh Vadgama
Vice President

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Teams

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Funding Insights of AEC

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Detailed funding history for AEC

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Investors in AEC

AEC has secured backing from 1 investor. Prominent investors backing the company include Aurecon.

All
Investor Description Founded Year Domain Location
Aurecon is recognized as an engineering and advisory company.
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Investor details for AEC

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Investments & Acquisitions by AEC

Investments
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Investment portfolio details for AEC

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Financial Statements - AEC

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Detailed financials for AEC

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Aec Comparisons

AEC Primary company
Description
Industrial bearings are manufactured by AEC for various appl...
Location
Junagadh, India
Founded Year
1973
Annual Revenue
$12.38 M (USD)
Net Profit
$449.07 K (USD)
EBITDA
$564.37 K (USD)
Employees
448
As of 2024
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Peer comparison for AEC

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Competitors of AEC

AEC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Schaeffler, NSK, SpinDrive, NRB Industrial Bearings and Hayley Group, among others.

Company Name Domain Founded year HQ Location Description
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Manufacturer of bearings for the automotive industry
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Major auto components are manufactured and supplied globally.
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Active magnetic bearings are designed, prototyped, and produced in series.
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Ball and roller bearings are manufactured for industrial applications.
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Industrial bearings, pumps, and drives are manufactured by the company.
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Precision components for machining and electronics are manufactured.
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Detailed competitors of AEC

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Latest news on Aec

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Complete news archive for AEC

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Frequently Asked Questions about AEC

AEC was founded in 1973.

AEC is headquartered in Junagadh, India. It is registered at Junagadh, Gujarat, India.

Rajan Bambhania Bambhania is the current CEO of AEC.

As of Mar 31, 2024, the latest employee count at AEC is 448.

Annual revenue of AEC is $12.38M as on Mar 31, 2024.

AEC is involved in the production and distribution of high-quality ball and roller bearings. The company serves various industries including aerospace, mining, oil and gas, paper and pulp, railroad, steel mills, and wind energy. A wide range of products, including deep groove, angular contact, cylindrical, and spherical bearings, are manufactured in over 6000 sizes and types. Solutions are tailored for precision-engineered requirements across machine tools, pumps, motors, and transmission systems.

AEC's top competitors include Schaeffler, NSK and Minebea Mitsumi.

AEC offers Deep Groove Ball Bearings, Angular Contact Ball Bearings, and Cylindrical Roller Bearings.

Yes, AEC is publicly traded on BSE under the ticker symbol AUSTENG.

AEC has 1 investor. Key investors include Aurecon.

The ticker symbol of AEC is AUSTENG on BSE.

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