About Eastman Hand Tools
Eastman Hand Tools is an Industrial Goods & Manufacturing company based in Ludhiana (India) founded in 1989. Manufacturing of hand tools, automotive tools, and power tools in India. The company has 768 employees. Its Indian entity Eastman Cast And Forge Ltd reported revenue of ₹226 Cr. Eastman Hand Tools offers products and services including Hand Tools and Power Tools. Its focus areas include Manufacturing, Industrial Goods, Equipment Production and Power Tools.
Company details
Eastman Cast Forge Limited is recognized as a member of the Eastman Group, which was established in 1969 and operates with a turnover of approximately USD 430 million across over 30 countries. The company is known for the production of hand tools, automotive tools, and power tools, with around 52 new items being introduced annually through market research and innovation. Quality is ensured via lab testing, certifications, and adherence to global standards, while partnerships with OEMs like John Deere and Mahindra Mahindra are maintained to fulfill industry requirements. Customized packaging and on-time delivery are also provided to support client needs.
- Headquarters Ludhiana, India
- Employees 768
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website eastmanhandtools.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Eastman Cast And Forge Ltd
- Date of Incorporation 24 Jul, 1986
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹226 Cr
FY 2024 · -2% YoY
- Net Profit₹13.59 Cr
FY 2024 · 6% margin
- EBITDA₹20.85 Cr
FY 2024 · 9% margin
- Employee Count768
Associated legal entities of Eastman Hand Tools
Eastman Hand Tools operates through Eastman Cast And Forge Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Eastman Cast And Forge Ltd CIN U27109DL1986PLC024925 | Active | 24 Jul 1986 | New Delhi, Delhi | ₹226 Cr | 768 | 7 | View details |
Products & Services of Eastman Hand Tools
Eastman Hand Tools offers a comprehensive portfolio of products and services, including Hand Tools and Power Tools.
Hand tools such as ratchet spanners and wrenches are manufactured and supplied for various applications
Power tools including impact drivers and hacksaws are produced to support industrial and automotive needs
Apps and channels of Eastman Hand Tools
its YouTube channel Eastman Cast & Forge Ltd. has 2.41K subscribers and 30 videos.
Videos from Eastman Hand Tools
The most watched videos on Eastman Hand Tools's YouTube channel, Eastman Cast & Forge Ltd. (2.41K subscribers). Click a video to play it here.
More on Eastman Cast & Forge Ltd..
Board of directors of Eastman Cast And Forge Ltd (Eastman Hand Tools)
Eastman Cast And Forge Ltd is the primary company behind Eastman Hand Tools. The board of Eastman Cast And Forge Ltd currently have 7 directors; the longest-serving is Jagdish Rai Singal, appointed in 1986. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jagdish Rai Singal DIN 00699341 | Managing Director | 24 Jul 1986 | 40 yrs 3 mo | Eastman Cast And Forge Ltd |
| Darshana Singal DIN 00698845 | Director | 19 Dec 1995 | 30 yrs 10 mo | Eastman Cast And Forge Ltd |
| Ranjodh Singh Ryait DIN 01412947 | Director | 30 Sep 1997 | 29 yrs 1 mo | Eastman Cast And Forge Ltd |
| Shekhar Singal DIN 00564384 | Director | 19 Aug 2010 | 16 yrs 2 mo | Eastman Cast And Forge Ltd |
| Vandana Aggarwal DIN 01446498 | Director | 19 Aug 2010 | 16 yrs 2 mo | Eastman Cast And Forge Ltd |
| Vineet Jain DIN 01823758 | Director | 19 Aug 2010 | 16 yrs 2 mo | Eastman Cast And Forge Ltd |
| Narinder Mohan DIN 08293489 | Whole-time director | 08 Dec 2018 | 7 yrs 10 mo | Eastman Cast And Forge Ltd |
People of Eastman Hand Tools
7 people are tracked at Eastman Hand Tools (2 in leadership, 5 in board & advisors); the tracked headcount is 768.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
| (director) | Leadership | |
S.K. Vadhera | Independent Director | Board & advisors |
| Executive Director | Board & advisors | |
| Executive Director | Board & advisors | |
| Executive Director | Board & advisors | |
| Executive Director | Board & advisors |
Complete people profiles for Eastman Hand Tools
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Eastman Hand Tools
Figures of Eastman Cast And Forge Ltd, the primary company behind Eastman Hand Tools, for FY 2024. Revenue was ₹226 Cr (-2% year on year). Net profit was ₹13.59 Cr (6% margin). EBITDA was ₹20.85 Cr (9% margin). Revenue has grown at a compounded annual rate of +14% over three years and +8% over five years.
- ₹226 CrRevenue · FY 2024 · -2% YoY
- ₹13.59 CrNet profit · 6% margin
- ₹20.85 CrEBITDA · 9% margin
- ₹1.50 CrPaid-up capital
- 768Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Eastman Cast And Forge Ltd are on its company page.
Detailed financial statements for Eastman Hand Tools
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Eastman Hand Tools
Eastman Hand Tools was founded in 1989.
Eastman Hand Tools is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Eastman Hand Tools has 768 employees.
The primary company behind Eastman Hand Tools, Eastman Cast And Forge Ltd, reported revenue of ₹226 Cr for FY 2024, down 2% year on year.
Eastman Cast Forge Limited is recognized as a member of the Eastman Group, which was established in 1969 and operates with a turnover of approximately USD 430 million across over 30 countries. The company is known for the production of hand tools, automotive tools, and power tools, with around 52 new items being introduced annually through market research and innovation. Quality is ensured via lab testing, certifications, and adherence to global standards, while partnerships with OEMs like John Deere and Mahindra Mahindra are maintained to fulfill industry requirements. Customized packaging and on-time delivery are also provided to support client needs.
Eastman Hand Tools offers Hand Tools and Power Tools.
Eastman Hand Tools operates through Eastman Cast And Forge Ltd.
The legal entities of Eastman Hand Tools currently have 7 directors, including Shekhar Singal, Darshana Singal, Ranjodh Singh Ryait and others.