Elektromag

Mumbai, India Founded: 1958 • Age: 68 yrs
Manufacturing of magnetic equipment and industrial supplies.
Annual revenue $11.3M Latest available
Total funding - Funding intelligence
Employees 118 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Elektromag

Elektromag is a company based in Mumbai (India) founded in 1958. The company has 118 employees as of July 02, 2024. Elektromag offers products and services including Lifting Magnets and Magnetic Separators.

  • Headquarter Mumbai, India
  • Employees 118 as on 02 Jul, 2024
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Legal Name Elektromag Devices Pvt Ltd
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $11.32 M (USD)
    18.19
    as on Mar 31, 2023
  • Net Profit
    $618.07 K (USD)
    -22.23
    as on Mar 31, 2023
  • EBITDA
    $1.69 M (USD)
    85.94
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    118

    as on Jul 02, 2024

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Products & Services of Elektromag

Elektromag offers a comprehensive portfolio of products and services, including Lifting Magnets and Magnetic Separators.

Product name locked
Category locked
Primary

Lifting magnets are produced for applications in steel mills and scrap yards, using advanced technology to handle materials efficiently.

Product name locked
Category locked
Locked

Magnetic separators are manufactured for removing ferrous contamination from raw materials in industries such as crushers and pulverisers.

Funding Insights of Elektromag

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Detailed funding history for Elektromag

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Investments & Acquisitions by Elektromag

Investments
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Investment portfolio details for Elektromag

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Financial Statements - Elektromag

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Detailed financials for Elektromag

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Elektromag Comparisons

Elektromag Primary company
Description
Manufacturing of magnetic equipment and industrial supplies.
Location
Mumbai, India
Founded Year
1958
Annual Revenue
$11.32 M (USD)
Net Profit
$618.07 K (USD)
EBITDA
$1.69 M (USD)
Employees
118
As of 2024
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Peer comparison for Elektromag

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Competitors of Elektromag

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Detailed competitors of Elektromag

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Latest news on Elektromag

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Frequently Asked Questions about Elektromag

Elektromag was founded in 1958.

Elektromag is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

As of Jul 02, 2024, the latest employee count at Elektromag is 118.

Annual revenue of Elektromag is $11.32M as on Mar 31, 2023.

Elektromag is noted for its production of lifting magnets, magnetic separators, and related industrial equipment, with technology sourced from German and Australian partners. Products are supplied to sectors including steel, power, and cement, where they are used for material handling and contamination removal. The company operates from Mumbai, India, and exports to over 50 countries, maintaining quality management systems to ensure reliability and customer satisfaction. Continuous improvements are made in product design for enhanced performance and longevity, drawing on over six decades of experience.

Elektromag offers Lifting Magnets and Magnetic Separators.

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