About Innov Engineering
Innov Engineering is an Industrial Goods & Manufacturing company. It operates as a manufacturing of equipment for iron and steel production, along with custom solutions in metals and related sectors. The company has 59 employees. Its Indian entity Innov Engineering Private Limited reported revenue of ₹213 Cr. Innov Engineering offers products and services including Iron and Steel Making Equipment and Flat Products Making Equipment. Its focus areas include Manufacturing, Metals and Mining, Iron and Steel Production and Equipment Manufacturing.
Company details
Innov Engineering Pvt. Ltd. is identified as a leading manufacturer of equipment and solutions in the metals industry, where exceptional equipment is designed using the latest technologies. Decades of experience are drawn upon to supply over 3000 induction melting furnaces globally, while services in design, supply, installation, and maintenance are offered to sectors like iron and steel, chemical processing, and powerutility. Quality and innovation are emphasized to enhance productivity and reduce downtimes, with customized solutions provided to meet specific industry needs.
- Employees 59
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Legal Name Innov Engineering Pvt. Ltd
- Date of Incorporation 21 May, 2009
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹213 Cr
FY 2024 · +43% YoY
- Net Profit₹1.25 Cr
FY 2024 · 1% margin
- EBITDA₹3.91 Cr
FY 2024 · 2% margin
- Employee Count59
Associated legal entities of Innov Engineering
Innov Engineering operates through Innov Engineering Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innov Engineering Private Limited CIN U74999DL2009PTC190521 | Active | 21 May 2009 | New Delhi, Delhi | ₹213 Cr | 59 | 3 | View details |
Products & Services of Innov Engineering
Innov Engineering offers a comprehensive portfolio of products and services, including Iron and Steel Making Equipment and Flat Products Making Equipment.
Iron and steel making equipment is designed and supplied for various applications in the metals industry.
Flat products making equipment, including pickling lines and hot galvanizing lines, is provided for steel and metal industries.
Board of directors of Innov Engineering Private Limited (Innov Engineering)
Innov Engineering Private Limited is the primary company behind Innov Engineering. The board of Innov Engineering Private Limited currently have 3 directors; the longest-serving is Anup Kumar Agarwal, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anup Kumar Agarwal DIN 00521347 | Director | 01 Mar 2012 | 14 yrs 7 mo | Innov Engineering Private Limited |
| Arun Goyal DIN 00272494 | Director | 17 May 2018 | 8 yrs 5 mo | Innov Engineering Private Limited |
| Pradeep Kumar Jain DIN 00171100 | Additional Director | 21 Aug 2024 | 2 yrs 1 mo | Innov Engineering Private Limited |
Financials of Innov Engineering
Figures of Innov Engineering Private Limited, the primary company behind Innov Engineering, for FY 2024. Revenue was ₹213 Cr (+43% year on year). Net profit was ₹1.25 Cr (1% margin). EBITDA was ₹3.91 Cr (2% margin). Revenue has grown at a compounded annual rate of +38% over three years and +44% over five years.
- ₹213 CrRevenue · FY 2024 · +43% YoY
- ₹1.25 CrNet profit · 1% margin
- ₹3.91 CrEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- 59Employees (provident fund records)
- +38%Revenue CAGR, 3 years
- +44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innov Engineering Private Limited are on its company page.
Detailed financial statements for Innov Engineering
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
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Top companies in Metals & Minerals
10 companies that operate in the same segment as Innov Engineering (Metals & Minerals), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | – | USD 24.95 B | 74 | |
Diversified products are provided across health, lighting, and consumer sectors. | 1891 | Amsterdam, Netherlands | – | USD 20.95 B | 67,820 | |
Diversified conglomerate operating across multiple industries | 1919 | Tokyo, Tokyo, Japan | – | USD 45.77 B | 73 | |
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | Chiyoda, Tokyo, Japan | – | USD 87.78 B | 146 | |
Metals and minerals are produced and supplied worldwide. | 1974 | Baar, Zug, Switzerland | USD 2.2 B | USD 252.73 B | 150,000 | |
Multiple real estate strategies are pursued by Al-Futtaim. | 1930 | Dubai, Dubai, United Arab Emirates | USD 500 M | – | – | |
Mineral-based specialty solutions are supplied for industrial applications. | 1880 | Paris, France | USD 1.56 B | USD 3.97 B | 12,900 | |
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.43 M | – | 6,934 | |
Private equity firm focused on energy, chemical, semiconductor, logistics, and multiple sectors | 1953 | Seoul, South Korea | – | USD 14.38 M | 1 | |
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 573.4 M | USD 1.43 B | 180 |
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Frequently Asked Questions about Innov Engineering
Innov Engineering has 59 employees.
The primary company behind Innov Engineering, Innov Engineering Private Limited, reported revenue of ₹213 Cr for FY 2024, up 43% year on year.
Innov Engineering Pvt. Ltd. is identified as a leading manufacturer of equipment and solutions in the metals industry, where exceptional equipment is designed using the latest technologies. Decades of experience are drawn upon to supply over 3000 induction melting furnaces globally, while services in design, supply, installation, and maintenance are offered to sectors like iron and steel, chemical processing, and powerutility. Quality and innovation are emphasized to enhance productivity and reduce downtimes, with customized solutions provided to meet specific industry needs.
Innov Engineering offers Iron and Steel Making Equipment and Flat Products Making Equipment.
Innov Engineering operates through Innov Engineering Private Limited.
The legal entities of Innov Engineering currently have 3 directors, including Pradeep Kumar Jain, Anup Kumar Agarwal, Arun Goyal.