Electrotherm

Ahmedabad, India Founded: 1983 • Age: 43 yrs Listed
Provider of equipment and solutions for steel, engineering, and infrastructure sectors

About Electrotherm

Electrotherm is a company based in Ahmedabad (India) founded in 1983 by Mukesh Bhandari. The company has 2,610 employees. Electrotherm offers products and services including Steel Making Solutions and Electric Vehicles.

  • Headquarter Ahmedabad, India
  • Employees 2,610
  • Founders Mukesh Bhandari
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website electrotherm.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Electrotherm (India) Limited
Key Metrics
  • Annual Revenue
    $393.5 M (USD)
    -10.29
    as on Mar 31, 2026
  • Net Profit
    -$1.67 M (USD)
    -103.54
    as on Mar 31, 2026
  • EBITDA
    $5.07 M (USD)
    -87.15
    as on Mar 31, 2026
  • Investors
  • Employee Count
    2,610

Products & Services of Electrotherm

Electrotherm offers a comprehensive portfolio of products and services, including Steel Making Solutions and Electric Vehicles.

Steel Making Solutions
Manufacturing

End-to-end steel-making solutions are provided for critical infrastructure and industrial applications

Electric Vehicles
Automotive

Electric scooters and bikes are manufactured and supplied for transportation needs

Apps and channels of Electrotherm

its YouTube channel Electrotherm India Ltd. has 218 subscribers and 6 videos.

Electrotherm India Ltd.
YouTube 218 subscribers 6 videos Science & Technology
Open channel

Videos from Electrotherm

The most watched videos on Electrotherm's YouTube channel, Electrotherm India Ltd. (218 subscribers). Click a video to play it here.

ET TMT | Steel Division | Corporate Video
1.8K views
Electrotherm | Redefining Industries with Innovation | Corporate Video
928 views
Yo Bykes | Electric Vehicle Division | Corporate Video
859 views
ET - DIP | DI Pipes Division | Corporate Video
407 views

More on Electrotherm India Ltd..

Funding Insights of Electrotherm

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Electrotherm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2007–Post-IPO––
Valuation history

1 investors in total: 1 institutional.

Investors in Electrotherm

Electrotherm has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ICICI Venture.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Alternative asset management and investment services in India.
1988iciciventure.comMumbai, India
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Investor details for Electrotherm

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People of Electrotherm

3 people are tracked at Electrotherm (3 in leadership); the tracked headcount is 2,610.

NameRoleGroup
Co-Founder & CTOLeadership
Managing DirectorLeadership
Suraj Bhandari
Managing DirectorLeadership
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Complete people profiles for Electrotherm

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IPO & Listings of Electrotherm

Electrotherm is a publicly listed company on the NSE with ticker symbol ELECTHERM in India, operating in the Non-energy minerals 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.

  • IPO date20 Aug 2007
  • Listed onNSE: ELECTHERM
  • Listed entityElectrotherm (India) Limited
  • Exchange sectorNon-energy minerals
  • ISININE822G01016
  • Share price₹690.80 (+1.03% on the day) · 2026-10-09
  • Market capitalisation₹868 Cr
  • Price to earnings3.9
  • EPS (diluted, trailing year)₹-28.63
  • Volume (last session)12,319

Financials of Electrotherm

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025₹3,692 Cr-₹15.7 Cr₹47.6 Cr
2024₹4,115 Cr₹442 Cr₹371 Cr
2023₹4,272 Cr₹317 Cr₹420 Cr
2022₹3,074 Cr-₹11.8 Cr₹135 Cr
2021₹2,831 Cr-₹40.4 Cr₹88.4 Cr

Balance sheet, profit and loss, cash flow and ratios of Electrotherm (India) Limited are on its company page.

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Detailed financial statements for Electrotherm

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Electrotherm

3 dated milestones of Electrotherm across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Electrotherm is founded.
  2. Funding First funding round.
  3. IPO Lists on the stock exchange (IPO).

Web traffic of Electrotherm

The website of Electrotherm (electrotherm.com) receives about 8.8K visits a month.

  • Monthly visits
    8.8K

    ▼ 23.2% vs previous month

Similar websites

Websites whose visitors overlap most with Electrotherm. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gifa.com
gifa.com
100%
–#2,076,647–
inductotherm.com
94%
––View details
jindalsaw.com
90%
28.6K#810,160View details
foundrymag.com
foundrymag.com
89%
–#2,748,035–
industrialheating.com
industrialheating.com
88%
–––
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 14 similar websites and full traffic analytics for Electrotherm

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 14 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Electrotherm

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Complete news archive for Electrotherm

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
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Similar companies to Electrotherm

10 companies that operate in the same segment as Electrotherm (Metals & Minerals), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
3M is recognized as a global leader in industrial innovation.
1902United States–USD 24.95 B74
Diversified products are provided across health, lighting, and consumer sectors.
1891Amsterdam, Netherlands–USD 20.95 B67,820
Diversified conglomerate operating across multiple industries
1919Tokyo, Tokyo, Japan–USD 45.77 B73
Traditional conglomerate services are provided across multiple sectors by Mitsui.
1947Chiyoda, Tokyo, Japan–USD 87.78 B146
Metals and minerals are produced and supplied worldwide.
1974Baar, Zug, SwitzerlandUSD 2.2 BUSD 252.73 B150,000
Multiple real estate strategies are pursued by Al-Futtaim.
1930Dubai, Dubai, United Arab EmiratesUSD 500 M––
Mineral-based specialty solutions are supplied for industrial applications.
1880Paris, FranceUSD 1.56 BUSD 3.97 B12,900
Manufacturer of pipes, plates & coils, and home textile products
1985Mumbai, Maharashtra, IndiaUSD 544.43 M–6,934
Private equity firm focused on energy, chemical, semiconductor, logistics, and multiple sectors
1953Seoul, South Korea–USD 14.38 M1
Chemical and casting products are manufactured, with shipping operations managed.
1962Chennai, Tamil Nadu, IndiaUSD 573.4 MUSD 1.43 B180
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Frequently Asked Questions about Electrotherm

Electrotherm was founded in 1983 and raised its 1st funding round 24 years after it was founded.

Electrotherm is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Electrotherm has 2,610 employees.

Annual revenue of Electrotherm is $393.5M as on Mar 31, 2026.

Electrotherm was founded in 1983 in Ahmedabad, India. Equipment and solutions are supplied to the steel, engineering, and infrastructure sectors. Technologies for steelmaking, transformer manufacturing, electric vehicles, and renewable energy are delivered. Solutions for transmission line towers and ductile iron pipe production are offered. Focus is placed on technologies supporting core economic sectors. Operations are based in India with emphasis on industrial applications.

Electrotherm offers Steel Making Solutions and Electric Vehicles.

Yes, Electrotherm is publicly traded on NSE under the ticker symbol ELECTHERM.

Electrotherm has 1 investor. Key investors include ICICI Venture.

Electrotherm operates through Electrotherm (India) Limited.

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