About Hughes Precision M
Hughes Precision M is a company based in India. Hughes Precision M has raised $21.94 million across 2 funding rounds from investors including Bengal Finance and Investment, Ashish Ramesh Kacholia and Vikas Vijaykumar Khemani. The company has 89 employees as of October 09, 2025. 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. Hughes Precision M operates in a competitive market with competitors including FN Herstal, Sierra Bullets, Nammo, True Velocity and Solar Group, among others.
- Headquarter India
- Employees 89 as on 09 Oct, 2025
- Stage Minicorn
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Sectors
Aerospace, Defense & Maritime
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Phone
Locked
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Website
Locked
- Legal Name Hughes Precision Manufacturing Pvt. Ltd.
- Date of Incorporation 04 Oct, 2016
- Jurisdiction Salcete, Goa, India
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Annual Revenue
$1.82 M (USD)108.02as on Mar 31, 2023
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Net Profit
-$2.06 M (USD)-41.93as on Mar 31, 2023
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EBITDA
-$1.95 M (USD)-73.59as on Mar 31, 2023
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Total Equity Funding
$21.94 M (USD)
in 2 rounds
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Latest Funding Round
$18.3 M (USD), Series B
Mar 04, 2023
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Investors
Bengal Finance and Investment
& 8 more
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Employee Count
89
as on Oct 09, 2025
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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 $21.94M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18.3 million completed in March 2023. 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.
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.
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Private equity firm focused on multiple sectors
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Investment management is conducted by Carnelian in capital markets.
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AR
Ashish Ramesh Kacholia |
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Investor details for Hughes Precision M
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Investments & Acquisitions by Hughes Precision M
Investment portfolio details for Hughes Precision M
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Financial Statements - Hughes Precision M
Detailed financials for Hughes Precision M
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Hughes Precision M Comparisons
Peer comparison for Hughes Precision M
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Competitors of Hughes Precision M
Hughes Precision M 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 FN Herstal, Sierra Bullets, Nammo, True Velocity and Solar Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Collaboration among single-family offices is facilitated through a secure network.
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Precision bullets are manufactured by Sierra Bullets for reloading applications.
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Ammunition and rocket motors supplied to military and civilian sectors.
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Ammunition products are manufactured and supplied by True Velocity.
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Defense and industrial explosives are manufactured for various sectors.
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Sellier & Bellot is engaged in ammunition manufacturing since 1825.
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Detailed competitors of Hughes Precision M
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Latest news on Hughes Precision M
Complete news archive for Hughes Precision M
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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 $21.94M across 2 funding rounds to date.
As of Oct 09, 2025, the latest employee count at Hughes Precision M is 89.
Annual revenue of Hughes Precision M is $1.82M as on Mar 31, 2023.
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's top competitors include Solar Group, True Velocity and Nammo.
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.