About Epiroc
Epiroc is a Transportation, Automotive & Logistics company based in Nacka (Sweden) founded in 1873. Drill rigs, rock excavation, and construction equipment are manufactured. The company has 1,103 employees. Epiroc has completed 16 acquisitions, including 3D-P, Aard Mining Equipment and CR Mining. Its chief executive, as recorded, is Helena Hedblom. Its website epiroc.com draws about 309 thousand monthly visits. Its Indian entity Epiroc Mining India Private Limited reported revenue of ₹2,426 Cr. Its focus areas include Auto, Auto Brands, Off Highway Vehicles and Multi Industry.
Company details
Epiroc is a manufacturer of drill rigs, rock excavation, and construction equipment. It caters to industries such as mining, construction, demolition recycling, and oil gas industries. Its product offerings include drill rigs, loaders trucks, rock drilling tools, hydraulic attachments, mechanical rock excavation equipment, ventilation systems, and raise boring equipment. It also provides parts services such as replacement parts kits, rock drills rotation units, and service agreements audits. In 2022, the company recorded annual revenues of 5.05B and a net profit of 0.84B.
- Headquarters Nacka, Sweden
- Employees 1,103
- SectorsTransportation, Automotive & Logistics
- Website category Heavy Industry and Engineering · Metals and Mining
- Email••••••••
- Phone•••• ••••
- Website epiroc.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Epiroc Mining India Private Limited
- Date of Incorporation 20 Jul, 2017
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹2,426 Cr
FY 2025 · +19% YoY
- Indian entity net profit₹286 Cr
FY 2025 · 12% margin
- Indian entity EBITDA₹433 Cr
FY 2025 · 18% margin
- Latest Funding Round$5.31M (USD), Grant
May 2021
- InvestorsEuropean Union
& 1 more
- Employee Count1,103
- Investments & Acquisitions3D-P
& 15 more
Associated legal entities of Epiroc
Epiroc operates through Epiroc Mining 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 |
|---|---|---|---|---|---|---|---|
| Epiroc Mining India Private Limited CIN U29309PN2017PTC171542 | Active | 20 Jul 2017 | Pune, Maharashtra | ₹2,426 Cr | 1,103 | 6 | View details |
Apps and channels of Epiroc
its YouTube channel Epiroc Demolition and Recycling has 6.49K subscribers and 30 videos.
Videos from Epiroc
The most watched videos on Epiroc's YouTube channel, Epiroc Demolition and Recycling (6.49K subscribers). Click a video to play it here.
More on Epiroc Demolition and Recycling.
Funding Insights of Epiroc
- Total Rounds 6
- Last Round Grant — $5.31M
- First Round $3.47M
(Jan 2017)
- Investors Count 2
All 6 funding rounds of Epiroc with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $5.31M | Grant | – | – | |
| Sep 2020 | $932,967 | Grant | – | – | |
| Feb 2019 | $109.29M | Debt – Conventional | – | – | |
| Jun 2018 | $166,485 | Unspecified | – | – | – |
| May 2017 | $3.56M | Grant | – | – | |
| Jan 2017 | $3.47M | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Epiroc
Epiroc has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Nordic Investment Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Nordic Investment Bank is engaged in financing sustainable projects in the Nordic-Baltic region. | 1976 | nib.int | Helsinki, Finland |
Investor details for Epiroc
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Board of directors of Epiroc Mining India Private Limited (Epiroc)
Epiroc Mining India Private Limited is the primary company behind Epiroc. The board of Epiroc Mining India Private Limited currently have 5 directors; the longest-serving is Ingrid Charlotta Grahs, appointed in 2022. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ingrid Charlotta Grahs DIN 09607440 | Director | 20 Jun 2022 | 4 yrs 4 mo | Epiroc Mining India Private Limited |
| Venkateswara Rao Chandu DIN 10424077 | Managing Director | 21 Dec 2023 | 2 yrs 10 mo | Epiroc Mining India Private Limited |
| Govindarajan Arunkumar DIN 10500738 | Director | 03 Apr 2024 | 2 yrs 6 mo | Epiroc Mining India Private Limited |
| Hakan Victor Folin DIN 10664840 | Director | 11 Jun 2024 | 2 yrs 4 mo | Epiroc Mining India Private Limited |
| Olivia Konradsdotter Lonnvik DIN 10742178 | Director | 13 Aug 2024 | 2 yrs 2 mo | Epiroc Mining India Private Limited |
People of Epiroc
323 people are tracked at Epiroc (72 in leadership, 13 in board & advisors, 238 in team); the tracked headcount is 1,103.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Paul Bergström | President, Digital Solutions Division | Leadership |
Penny Dent | General Manager Mining And Technology Epiroc, Kinetic Logging Services | Leadership |
Justin Schwartz | Vice President & Chief Counsel, Americas | Leadership |
Andrew Hubele | Global R&d Director - Epiroc Electrification Solutions | Leadership |
Anders Hedqvist | Head Of Strategic Projects / Programs | Leadership |
Paola Ferrari | Head Of Group M&a | Leadership |
Claus Thiel | Vice President Operations - Hydraulic Attachment Tools | Leadership |
Jonas Albertson | Chief Technology Officer | Leadership |
Andy Wills | General Manager | Leadership |
George Angelis | Head Of Aftermarket | Leadership |
Peter Malmberg | VP Innovation & Digital | Leadership |
Jodie Velasquez | President, Parts & Services APAC | Leadership |
Wayne Symes | President, Underground | Leadership |
Goran Popovski | President, Attachments | Leadership |
José Manuel Sánchez | President, Surface Division | Leadership |
Martin Hjerpe | President, Tools | Leadership |
Amy Castillo | VP Of Human Resources - Safety, Health, Environmental & Quality | Leadership |
Luba Weissmann | AI & Data Director | Leadership |
Nelson Trejo | President Parts & Services North and South America, NASA | Leadership |
303 more people are available in the full profile.
Complete people profiles for Epiroc
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Epiroc
Figures of Epiroc Mining India Private Limited, the primary company behind Epiroc, for FY 2025. Revenue was ₹2,426 Cr (+19% year on year). Net profit was ₹286 Cr (12% margin). EBITDA was ₹433 Cr (18% margin). Revenue has grown at a compounded annual rate of +7% over three years and +12% over five years.
- ₹2,426 CrRevenue · FY 2025 · +19% YoY
- ₹286 CrNet profit · 12% margin
- ₹433 CrEBITDA · 18% margin
- ₹21.73 CrPaid-up capital
- 1,103Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Epiroc Mining India Private Limited are on its company page.
Detailed financial statements for Epiroc
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Epiroc
Epiroc has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include 3D-P, Aard Mining Equipment and CR Mining.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of precision-engineered components and drifter repair services | weco.co.za | South Africa | 0 | Dec 2023 | •••• | |
Provider of tools, equipment, and services for the surface & underground mining industry | crmining.com | Brisbane, Australia | 1979 | Dec 2022 | •••• | |
Proximity detection systems are manufactured and distributed by Mernok Elektronik. | mernok.co.za | Centurion, South Africa | 2008 | Dec 2022 | •••• | |
Trenching buckets, couplers, rock saws, and thumbs are manufactured. | wainroy.com | Mosinee, United States | 1947 | Oct 2022 | •••• | |
Utility and structural investigation services are delivered in Australia. | geoscan.com.au | Torquay, Australia | 0 | Oct 2022 | •••• | |
Hospital management software is offered to healthcare professionals. | radlink.com | El Segundo, United States | 2000 | Sep 2022 | •••• | |
Mining equipment design, manufacturing, and services in South Africa. | aardme.co.za | 0 | Aug 2022 | •••• | ||
Manufacturer of pneumatic and hydraulic drills | rnpsa.com | Matehuala, Mexico | 1972 | Jun 2022 | •••• | |
Electronic products are manufactured and mining/construction projects are contracted. | jtmec.com.au | Perth, Australia | 2005 | Apr 2022 | •••• | |
Provider of implements tracking, monitoring, and fleet management solutions for mining industry | miningtag.com | Santiago, Chile | 2010 | Jul 2021 | •••• |
Complete acquisition details for Epiroc
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Epiroc
13 dated milestones of Epiroc across 150 years, from founding to its latest funding, stage changes and deals.
- Founded Epiroc is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Grant, of $5.3M.
- Acquisition Acquires Mining TAG.
- Acquisition Acquires JTMEC.
- Acquisition Acquires RNP Mexico.
- Acquisition Acquires Aard Mining Equipment.
- Acquisition Acquires Radlink.
- Acquisition Acquires GeoScan.
- Acquisition Acquires Wain-Roy.
- Acquisition Acquires Mernok Elektronik.
- Acquisition Acquires CR Mining.
- Acquisition Acquires Weco.
Web traffic of Epiroc
The website of Epiroc (epiroc.com) receives about 309.2K visits a month and ranks #165,394 among all websites worldwide, #1,461 in Metals and Mining.
- Monthly visits309.2K
▲ 10% vs previous month
- Unique visitors112.1K
per month
- Global rank#165,394
among all websites
- Category rank#1,461
Heavy Industry and Engineering · Metals and Mining
- Bounce rate47%
- Pages per visit2.4
- Average visit52 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with Epiroc. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| epirocgroup.com | 100% | 27.3K | #1,110,035 | View details | |
| metal-supply.se | 95% | 10.7K | #2,249,387 | View details | |
| im-mining.com | 95% | #428,154 | View details | ||
savonaequipment.com | savonaequipment.com | 95% | #639,165 | – | |
| rocktechnology.sandvik | 95% | #11,440,590 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Epiroc
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Related news about Epiroc
Complete news archive for Epiroc
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Frequently Asked Questions about Epiroc
Epiroc was founded in 1873 and raised its 1st funding round 144 years after it was founded.
Epiroc is headquartered in Nacka, Sweden. It is registered at Nacka, Stockholm County, Sweden.
Helena Hedblom is the CEO of Epiroc, as recorded in our data.
Epiroc has 1,103 employees.
The primary company behind Epiroc, Epiroc Mining India Private Limited, reported revenue of ₹2,426 Cr for FY 2025, up 19% year on year.
Epiroc is a manufacturer of drill rigs, rock excavation, and construction equipment. It caters to industries such as mining, construction, demolition recycling, and oil gas industries. Its product offerings include drill rigs, loaders trucks, rock drilling tools, hydraulic attachments, mechanical rock excavation equipment, ventilation systems, and raise boring equipment. It also provides parts services such as replacement parts kits, rock drills rotation units, and service agreements audits. In 2022, the company recorded annual revenues of 5.05B and a net profit of 0.84B.
Epiroc has made 16 acquisitions, including 3D-P, Aard Mining Equipment, and CR Mining.
Epiroc has 2 investors. Key investors include European Union, and Nordic Investment Bank.
Epiroc operates through Epiroc Mining India Private Limited.
The legal entities of Epiroc currently have 6 directors, including Ingrid Charlotta Grahs, Ashish Kumar Jain, Hakan Victor Folin and others.
The website of Epiroc receives about 309 thousand visits a month and ranks #165,394 among all websites worldwide.