About Hughes Precision M
Hughes Precision M is an Aerospace, Defense & Maritime company based in India. Small arms ammunition is manufactured for military and civilian use. Hughes Precision M has raised $48.07 million across 3 funding rounds from investors including Bengal Finance and Investment, Ashish Ramesh Kacholia and Vikas Vijaykumar Khemani. The company has 89 employees. Hughes Precision M was last valued at $105.52 million in March 2023. Its Indian entity Hughes Precision Manufacturing Private Limited reported revenue of ₹143 Cr. Hughes Precision M offers products and services including Cal 9 x 19 mm FMJ, Cal 5.56 x 45 mm M193 Ball, Cal 7.62 x 51 mm M80 Ball, Cal 7.62 x 39 mm M67 Ball, and Cal 12.7 x 99 mm M33 Ball. Its focus areas include Aerospace, Maritime and Defense, Defense Contractors and Arms and Ammunition.
Company details
Small arms ammunition is produced by Hughes Precision M in India, serving the defense and civilian sectors. Various calibers utilized by armed forces globally are included, along with shotshells and specialized rounds for tactical applications. Production follows established quality protocols to maintain precision and dependability. Custom packaging is arranged based on client specifications. Durability for prolonged storage is incorporated into the designs.
- Headquarters India
- Employees 89
- Stage Minicorn
- SectorsAerospace, Defense & Maritime
- Website hughesprecisionm.com
- Legal Name Hughes Precision Manufacturing Pvt. Ltd.
- Date of Incorporation 04 Oct, 2016
- Jurisdiction Salcete, Goa, India
- Annual Revenue₹143 Cr
FY 2025 · +93% YoY
- Net Profit₹18.97 Cr
FY 2025 · 13% margin
- EBITDA₹31.36 Cr
FY 2025 · 22% margin
- Total Equity Funding$48.07M (USD)
in 3 rounds
- Latest Funding Round$26.13M (USD), Series C
Sep 2026
- InvestorsCarnelian
& 8 more
- Employee Count89
Associated legal entities of Hughes Precision M
Hughes Precision M operates through Hughes Precision Manufacturing 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 |
|---|---|---|---|---|---|---|---|
| Hughes Precision Manufacturing Private Limited CIN U74999GA2016PTC016738 | Active | 04 Oct 2016 | Salcete, Goa | ₹143 Cr | 102 | 5 | View details |
Products & Services of Hughes Precision M
Hughes Precision M offers a comprehensive portfolio of products and services, including Cal 9 x 19 mm FMJ, Cal 5.56 x 45 mm M193 Ball, Cal 7.62 x 51 mm M80 Ball, Cal 7.62 x 39 mm M67 Ball, and Cal 12.7 x 99 mm M33 Ball.
Firearm cartridge for military and tactical applications.
Standard military round for rifles and firearms.
High-accuracy cartridge for sniper and general use.
Assault rifle ammunition for combat scenarios.
Heavy machine gun round for long-range targets.
Funding Insights of Hughes Precision M
Hughes Precision M has successfully raised a total of $48.07M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $26.13 million completed in September 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $48.07M
- Total Rounds 3
- Last Round Series C — $26.13M
- First Round $3.64M
(Jul 2019)
- Investors Count 9
All 3 funding rounds of Hughes Precision M 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 |
|---|---|---|---|---|---|
| Sep 2026 | $26.13M | Series C | – | – | – |
| Mar 2023 | $18.3M | Series B | $105.52M | Bengal Finance and Investment | |
| Jul 2019 | $3.64M | Angel Round | – | Susheel Kumar Saraff |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $105.52M | •••••••• |
Last known valuation $105.52M (Mar 2023). 9 investors in total: 2 institutional and 7 angel.
Investors in Hughes Precision M
Hughes Precision M has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bengal Finance and Investment, Ashish Ramesh Kacholia and Vikas Vijaykumar Khemani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | Mumbai, India | |||
Investment management is conducted by Carnelian in capital markets. | carneliancapital.co.in | Mumbai, India | ||
AR Ashish Ramesh Kacholia | unknown_d7d57fc333394397b | |||
VV Vikas Vijaykumar Khemani | unknown_f5bcd0d6c2ba44219 | |||
SK Susheel Kumar Saraff | unknown_66b766d62e8a4e479 | |||
PJ Prachi Jay Saraff | unknown_f841f6c3f3a94d6a9 | |||
VK Vijay Kumar Saraff | unknown_67c36474789047f99 | |||
PD Pushpa Devi Saraff | unknown_fdcfde4b58f249c1a | |||
PV Priya Vijay Kumar Saraff | unknown_25d1cf19ea0b45979 |
Investor details for Hughes Precision M
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Hughes Precision Manufacturing Private Limited (Hughes Precision M)
Hughes Precision Manufacturing Private Limited is the primary company behind Hughes Precision M. The board of Hughes Precision Manufacturing Private Limited currently have 4 directors; the longest-serving is Sanjay Soni, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Soni DIN 00609097 | Managing Director | 04 Oct 2016 | 10 yrs | Hughes Precision Manufacturing Private Limited |
| Jayprakash Susheelkumar Saraff DIN 08521956 | Director | 29 Jul 2019 | 7 yrs 3 mo | Hughes Precision Manufacturing Private Limited |
| Susheel Kumar Saraff DIN 08521928 | Director | 29 Jul 2019 | 7 yrs 3 mo | Hughes Precision Manufacturing Private Limited |
| Shashi Soni DIN 00609217 | Director | 11 Dec 2023 | 2 yrs 10 mo | Hughes Precision Manufacturing Private Limited |
Financials of Hughes Precision M
Figures of Hughes Precision Manufacturing Private Limited, the primary company behind Hughes Precision M, for FY 2025. Revenue was ₹143 Cr (+93% year on year). Net profit was ₹18.97 Cr (13% margin). EBITDA was ₹31.36 Cr (22% margin). Revenue has grown at a compounded annual rate of +170% over three years and +307% over five years.
- ₹143 CrRevenue · FY 2025 · +93% YoY
- ₹18.97 CrNet profit · 13% margin
- ₹31.36 CrEBITDA · 22% margin
- ₹2.35 CrPaid-up capital
- 102Employees (provident fund records)
- +170%Revenue CAGR, 3 years
- +307%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hughes Precision Manufacturing Private Limited are on its company page.
Detailed financial statements for Hughes Precision M
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Hughes Precision M
3 dated milestones of Hughes Precision M across 7 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $3.6M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $26.1M.
Web traffic of Hughes Precision M
The website of Hughes Precision M (hughesprecisionm.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 37.8% vs previous month
Top companies in Defense & Military Services
2 companies that operate in the same segment as Hughes Precision M (Defense & Military Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 24.09 M | 595 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Hughes Precision M
Complete news archive for Hughes Precision M
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hughes Precision M
Hughes Precision M is headquartered in India.
Hughes Precision M is a funded company, having raised a total of $48.07M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $3.64M, raised on Jul 2019.
Hughes Precision M has 89 employees.
The primary company behind Hughes Precision M, Hughes Precision Manufacturing Private Limited, reported revenue of ₹143 Cr for FY 2025, up 93% year on year.
Small arms ammunition is produced by Hughes Precision M in India, serving the defense and civilian sectors. Various calibers utilized by armed forces globally are included, along with shotshells and specialized rounds for tactical applications. Production follows established quality protocols to maintain precision and dependability. Custom packaging is arranged based on client specifications. Durability for prolonged storage is incorporated into the designs.
Hughes Precision M offers Cal 9 x 19 mm FMJ, Cal 5.56 x 45 mm M193 Ball, Cal 7.62 x 51 mm M80 Ball, Cal 7.62 x 39 mm M67 Ball, and Cal 12.7 x 99 mm M33 Ball.
Hughes Precision M has 9 investors. Key investors include Bengal Finance and Investment, Ashish Ramesh Kacholia, Vikas Vijaykumar Khemani, Carnelian, and Susheel Kumar Saraff.
The valuation of Hughes Precision M is $105.52M as of Mar 2023.
Hughes Precision M operates through Hughes Precision Manufacturing Private Limited.
The legal entities of Hughes Precision M currently have 5 directors, including Jayprakash Susheelkumar Saraff, Susheel Kumar Saraff, Shashi Soni and others.