About Belman
Belman is a company based in Esbjerg (Denmark) founded in 1994 was acquired by Indutrade in February 2026. It operates as a B2B and Direct Sales. Belman offers products and services including Expansion Joints, Metallic Expansion Joints, Rubber Expansion Joints, and Fabric Expansion Joints. Belman operates in a competitive market with competitors including Schneider Electric, Danfoss, Honeywell, CG Power & Industrial Solutions and Emerson, among others.
- Headquarter Esbjerg, Denmark
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website belman.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Indutrade (Feb 2026)
- Legal Name Belman A/S
- Date of Incorporation 16 Aug, 2019
Associated legal entities of Belman
Belman operates through Belman Flexibles India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Belman Flexibles India Private Limited CIN U29309CT2019PTC009467 | Active | 16 Aug 2019 | Raipur, Chhattisgarh | ₹24.6 Cr | 27 | 2 | View details |
Products & Services of Belman
Belman offers a comprehensive portfolio of products and services, including Expansion Joints, Metallic Expansion Joints, Rubber Expansion Joints, and Fabric Expansion Joints.
Products that absorb thermal movements and vibrations in industrial systems.
Joints designed for high-temperature and pressure applications in piping.
Joints for vibration absorption in non-metallic piping systems.
Joints used for exhaust and ducting in industrial environments.
Apps and channels of Belman
its YouTube channel Belman Group has 5 subscribers and 30 videos.
Videos from Belman
The most watched videos on Belman's YouTube channel, Belman Group (5 subscribers). Click a video to play it here.
More on Belman Group.
Investors in Belman
Belman has secured backing from 1 investor. Prominent investors backing the company include Indutrade.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Components and systems are supplied to various industries. | 1978 | indutrade.com | Stockholm, Sweden |
Investor details for Belman
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Verified entity values are shown only after access is granted.
Board of directors of Belman Flexibles India Private Limited (Belman)
Belman Flexibles India Private Limited is the primary company behind Belman. The board of Belman Flexibles India Private Limited currently have 2 directors; the longest-serving is Rolf Rasmussen, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rolf Rasmussen DIN 08538044 | Director | 16 Aug 2019 | 7 yrs 1 mo | Belman Flexibles India Private Limited |
| Tapas Biswas DIN 02231949 | Director | 16 Aug 2019 | 7 yrs 1 mo | Belman Flexibles India Private Limited |
Financials of Belman
Figures of Belman Flexibles India Private Limited, the primary company behind Belman, for FY 2025. Revenue was ₹24.60 Cr (+79% year on year). Net profit was ₹3.15 Cr (13% margin). EBITDA was ₹4.59 Cr (19% margin). Revenue has grown at a compounded annual rate of +234% over three years.
- ₹24.60 CrRevenue · FY 2025 · +79% YoY
- ₹3.15 CrNet profit · 13% margin
- ₹4.59 CrEBITDA · 19% margin
- ₹85 LakhPaid-up capital
- 27Employees (provident fund records)
- +234%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Belman Flexibles India Private Limited are on its company page.
Detailed financial statements for Belman
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Belman
2 dated milestones of Belman across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Belman is founded.
- Exit Acquired by Indutrade.
Competitors of Belman
Belman 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 Schneider Electric, Danfoss, Honeywell, CG Power & Industrial Solutions and Emerson, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| se.com | 1836 | – | – | 176,962 | Energy management and automation solutions are provided globally. | |
| danfoss.com | 1933 | Nordborg, Denmark | $41.22M | 27,491 | Manufacturer of energy efficiency products | |
| honeywell.com | 1885 | United States | $1.13M | – | Diversified electronics and automation equipment are manufactured and supplied. | |
| cgglobal.com | 1937 | Mumbai, India | – | 3,415 | Manufacturer of Industrial and Consumer Electric Equipment | |
| emerson.com | 1890 | St. Louis, United States | – | – | Automation and engineering services are provided for multiple industries. | |
| rockwellautomation.com | 1903 | Milwaukee, United States | – | 29,000 | Industrial automation and information systems are provided to global industries. | |
| global.abb | 1988 | United States | – | 2,581 | ABB Group is engaged in industrial automation and energy solutions. | |
| parker.com | 1917 | United States | – | 61,120 | Motion and control technologies are distributed globally by Parker. | |
| sciaps.com | 2012 | Andover, United States | $53.43M | 104 | Durable handheld LIBS, XRF, and Raman analyzers are manufactured. |
Detailed competitors of Belman
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Web traffic of Belman
Websites that share an audience with Belman (belman.com).
Websites whose visitors overlap most with Belman. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| boagroup.com | 69% | 3.6K | #4,815,582 | View details | |
| muepro.de | 44% | 5.9K | #3,286,332 | View details |
Similar companies to Belman
10 companies that operate in the same segment as Belman (Metals & Minerals), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | – | USD 24.95 B | 74 | |
Diversified products are provided across health, lighting, and consumer sectors. | 1891 | Amsterdam, Netherlands | – | USD 20.95 B | 67,820 | |
Diversified conglomerate operating across multiple industries | 1919 | Tokyo, Tokyo, Japan | – | USD 45.77 B | 73 | |
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | Chiyoda, Tokyo, Japan | – | USD 87.78 B | 146 | |
Metals and minerals are produced and supplied worldwide. | 1974 | Baar, Zug, Switzerland | USD 2.2 B | USD 252.73 B | 150,000 | |
Multiple real estate strategies are pursued by Al-Futtaim. | 1930 | Dubai, Dubai, United Arab Emirates | USD 500 M | – | – | |
Mineral-based specialty solutions are supplied for industrial applications. | 1880 | Paris, France | USD 1.56 B | USD 3.97 B | 12,900 | |
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.43 M | – | 6,934 | |
Private equity firm focused on energy, chemical, semiconductor, logistics, and multiple sectors | 1953 | Seoul, South Korea | – | USD 14.38 M | 1 | |
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 573.4 M | USD 1.43 B | 180 |
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Frequently Asked Questions about Belman
Belman was founded in 1994.
Belman is headquartered in Esbjerg, Denmark.
The primary company behind Belman, Belman Flexibles India Private Limited, reported revenue of ₹24.60 Cr for FY 2025, up 79% year on year.
Belman AS, headquartered in Esbjerg, Denmark, has specialized in designing and manufacturing expansion joints since 1994. They produce metallic, rubber, and fabric types to handle thermal expansion and vibrations in piping systems for sectors like energy, chemical, and marine. Offering custom solutions and on-site services, Belman serves global clients including BP and Shell, focusing on high-quality, engineered products with quick delivery and technical support.
Belman's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
Belman offers Expansion Joints, Metallic Expansion Joints, Rubber Expansion Joints, and Fabric Expansion Joints.
Belman has 1 investor. Key investors include Indutrade.
Belman operates through Belman Flexibles India Private Limited.
Yes. Belman was acquired by Indutrade in February 2026.
The legal entities of Belman currently have 2 directors, including Rolf Rasmussen, Tapas Biswas.