Formoplastic

Chennai, India Founded: 1972 • Age: 54 yrs
Provides electrical control systems and automation for industries including sugar and power.
Annual revenue $13.3M Latest available
Total funding - Funding intelligence
Employees 193 Tracked headcount
Investors - Known backers
Products 6 Services tracked
Competitors 8 Brand Intelligence

About Formoplastic

Formoplastic is a company based in Chennai (India) founded in 1972. It operates as a B2B and Enterprise Contracts. The company has 193 employees as of March 31, 2024. Formoplastic offers products and services including Motor Control Centre, Power Control Centre, APFC Panels, Busducts, and DC Centrifuge Panels. Formoplastic operates in a competitive market with competitors including Advanced Electric Machines, WAGO, Integra Engineering, Multispan Control Instruments and ComAp, among others.

  • Headquarter Chennai, India
  • Employees 193 as on 31 Mar, 2024
  • Sectors
    Technology
    Energy & Utilities
  • Email
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  • Legal Name Formoplastic Controls Private Limited
  • Date of Incorporation 03 Feb, 2003
  • Jurisdiction Chennai-600 116., Tamil Nadu, India
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.32 M (USD)
    24.15
    as on Mar 31, 2024
  • Net Profit
    $260.04 K (USD)
    46.15
    as on Mar 31, 2024
  • EBITDA
    $707.07 K (USD)
    706.34
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    193

    as on Mar 31, 2024

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Products & Services of Formoplastic

Formoplastic offers a comprehensive portfolio of products and services, including Motor Control Centre, Power Control Centre, APFC Panels, Busducts, and DC Centrifuge Panels.

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Primary

Provides centralized motor control for industrial applications.

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Manages power distribution in manufacturing environments.

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Corrects power factors for efficient energy use.

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Facilitates safe power transmission in facilities.

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Controls centrifuge operations in sugar processing.

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Drives machinery in industrial milling processes.

Funding Insights of Formoplastic

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Detailed funding history for Formoplastic

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Investments & Acquisitions by Formoplastic

Investments
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Investment portfolio details for Formoplastic

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Financial Statements - Formoplastic

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Detailed financials for Formoplastic

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Formoplastic Comparisons

Formoplastic Primary company
Description
Provides electrical control systems and automation for indus...
Location
Chennai, India
Founded Year
1972
Annual Revenue
$13.32 M (USD)
Net Profit
$260.04 K (USD)
EBITDA
$707.07 K (USD)
Employees
193
As of 2024
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Peer comparison for Formoplastic

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Competitors of Formoplastic

Formoplastic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Advanced Electric Machines, WAGO, Integra Engineering, Multispan Control Instruments and ComAp, among others.

Company Name Domain Founded year HQ Location Description
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Electric traction motors are manufactured for the transport sector.
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Offers electrical interconnections and automation technology for industrial sectors worldwide.
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Manufacturer of electrical & telecom enclosures
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Produces temperature controllers, timers, and energy meters for industrial applications.
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Manufactures high-quality industrial controllers for various applications.
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Industrial motor controllers are manufactured for industrial applications.
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Detailed competitors of Formoplastic

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Latest news on Formoplastic

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Complete news archive for Formoplastic

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Frequently Asked Questions about Formoplastic

Formoplastic was founded in 1972.

Formoplastic is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

As of Mar 31, 2024, the latest employee count at Formoplastic is 193.

Annual revenue of Formoplastic is $13.32M as on Mar 31, 2024.

Formoplastic Controls Pvt. Ltd. specializes in manufacturing electrical control systems and automation solutions for various industries. They design and supply products like motor control centers and power panels, focusing on safety and quality standards. Based in Chennai, India, the company serves clients in sugar, power, cement, paper, and automobile sectors through custom solutions and skilled engineering. Their offerings include panels and drives that ensure reliable operations in industrial settings.

Formoplastic's top competitors include Advanced Electric Machines, Integra Engineering and Sprint Electric.

Formoplastic offers Motor Control Centre, Power Control Centre, APFC Panels, Busducts, and 2 more products and services.

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