Elsteel

Katunayake, Sri Lanka Founded: 1981 • Age: 45 yrs Acquired By Kamicgroup
Low voltage enclosures and terminal boxes are supplied globally.

About Elsteel

Elsteel is a company based in Katunayake (Sri Lanka) founded in 1981, and was acquired by Kamicgroup in April 2025. Low voltage enclosures and terminal boxes are supplied globally. The company has 229 employees. Its Indian entity Elsteel Modular Products India Private Limited reported revenue of β‚Ή85.05 Cr.

Company details

Elsteel was founded in 1981 and is headquartered in Katunayake, Sri Lanka. Operations focus on the electrical sector, where low voltage enclosures and terminal boxes are manufactured and supplied. Services include distribution to various industries requiring protective housing for electrical components. The company maintains a presence through its domain, elsteel.com, supporting international clients in infrastructure and manufacturing applications.

Key Metrics
  • Indian entity revenue
    ₹85.05 Cr

    FY 2025 · +28% YoY

  • Indian entity net profit
    ₹6.90 Cr

    FY 2025 · 8% margin

  • Indian entity EBITDA
    ₹11.16 Cr

    FY 2025 · 13% margin

  • Investors
  • Employee Count
    229
  • Acquired by
    Kamicgroup

    (Apr 2025)

Investors in Elsteel

Elsteel has secured backing from 1 investor. Prominent investors backing the company include KAMIC Group.

All
InvestorDescriptionFounded YearDomainLocation
A Swedish corporate group focused on technology-based businesses in niches.
kamicgroup.comSpånga, Sweden
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Investor details for Elsteel

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Board of directors of Elsteel Modular Products India Private Limited (Elsteel)

Elsteel Modular Products India Private Limited is the primary company behind Elsteel. The board of Elsteel Modular Products India Private Limited currently have 4 directors; the longest-serving is Feodora Lansperg Logstrup, appointed in 2014. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Feodora Lansperg Logstrup
DIN 07095275
Managing Director15 Dec 201411 yrs 10 moElsteel Modular Products India Private Limited
Vinod Ashok Moon
DIN 08334941
Director31 Dec 20187 yrs 10 moElsteel Modular Products India Private Limited
Kim Tore Forsberg
DIN 10916228
Director21 Mar 20251 yr 7 moElsteel Modular Products India Private Limited
Peter Olof Johansson
DIN 11223891
Additional Director06 Aug 20251 yr 3 moElsteel Modular Products India Private Limited

People of Elsteel

27 people are tracked at Elsteel (5 in leadership, 22 in team); the tracked headcount is 229.

NameRoleGroup
Richard Pye
Head Of TechnicalLeadership
Fang Løgstrup
Managing Director - CEOLeadership
Mariusz Boguslawski
General Manager PolandLeadership
Pavithra Munasinghe
Maintenance Engineer (head Of Maintenance - Katunayake Plant)Leadership
Imal Weerasinghe
Head Of Testing LaboratoryLeadership
Kasun Jayarathne
Assistant Production ManagerTeam
Pravin Parab
Production And Quality ManagerTeam
Kithmal Mihiranga
Junior Mechanical EngineerTeam
Chamith Samaradiwakara
Assistant Manager ITTeam
Bharati Warak
Production OfficerTeam
Nadeesha Bandara
Electrical Design & Estimation EngineerTeam
Guwani Kariyawasam
Senior Executive Human ResourcesTeam
Lakmal Thisera
IT ManagerTeam
Isuru Lakshan
Software EngineerTeam
Kateryna Wasilewska
HR ManagerTeam
Hareendra Lakshan Perera
Senior Software EngineerTeam
Piraveenan Balasubramaniyam
Test Lab EngineerTeam
Harshana Kumara
IT AssistantTeam
Satyawan Varadkar
System Administrator At Elsteel Modular Products (i) Pvt LtdTeam
Mareena Peiris
Assistant Manager - Human ResourcesTeam

7 more people are available in the full profile.

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Financials of Elsteel

Figures of Elsteel Modular Products India Private Limited, the primary company behind Elsteel, for FY 2025. Revenue was ₹85.05 Cr (+28% year on year). Net profit was ₹6.90 Cr (8% margin). EBITDA was ₹11.16 Cr (13% margin). Revenue has grown at a compounded annual rate of +17% over three years and +11% over five years.

  • ₹85.05 CrRevenue · FY 2025 · +28% YoY
  • ₹6.90 CrNet profit · 8% margin
  • ₹11.16 CrEBITDA · 13% margin
  • ₹23.98 CrPaid-up capital
  • 229Employees (provident fund records)
  • +17%Revenue CAGR, 3 years
  • +11%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Elsteel Modular Products India Private Limited are on its company page.

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Detailed financial statements for Elsteel

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Timeline of Elsteel

2 dated milestones of Elsteel across 44 years, from founding to its latest funding, stage changes and deals.

  1. Founded Elsteel is founded.
  2. Exit Acquired by Kamicgroup.

Web traffic of Elsteel

The website of Elsteel (elsteel.com) receives about 2.4K visits a month.

  • Monthly visits
    2.4K

    ▼ 38.8% vs previous month

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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#‒‒‒‒‒–
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 23 similar websites and full traffic analytics for Elsteel

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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Elsteel

Elsteel was founded in 1981.

Elsteel is headquartered in Katunayake, Sri Lanka. It is registered at Katunayake, Western Province, Sri Lanka.

Elsteel has 229 employees.

The primary company behind Elsteel, Elsteel Modular Products India Private Limited, reported revenue of β‚Ή85.05 Cr for FY 2025, up 28% year on year.

Elsteel was founded in 1981 and is headquartered in Katunayake, Sri Lanka. Operations focus on the electrical sector, where low voltage enclosures and terminal boxes are manufactured and supplied. Services include distribution to various industries requiring protective housing for electrical components. The company maintains a presence through its domain, elsteel.com, supporting international clients in infrastructure and manufacturing applications.

Elsteel has 1 investor. Key investors include KAMIC Group.

Elsteel operates through Elsteel Modular Products India Private Limited.

Yes. Elsteel was acquired by Kamicgroup in April 2025.

The legal entities of Elsteel currently have 5 directors, including Vinod Ashok Moon, Aarna Ajay Shirodkar, Feodora Lansperg Logstrup and others.

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