SledgeHammer

Faridabad, India Founded: 2006 • Age: 20 yrs Acquired By Varel Energy Solutions
Manufacturing services are provided by SledgeHammer in India.

About SledgeHammer

SledgeHammer is an Industrial Goods & Manufacturing company based in Faridabad (India) founded in 2006, and was acquired by Varel Energy Solutions in July 2022. Manufacturing services are provided by SledgeHammer in India. The company has 146 employees. Its Indian entity Sledgehammer Oil Tools Private Limited. reported revenue of β‚Ή222 Cr. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.

Company details

SledgeHammer was founded in 2006 in Faridabad, India, where operations in the manufacturing sector are conducted. Services including production and assembly are offered to industrial clients, with a focus on regional needs. The company maintains its presence through the domain sledgehammerasia.com, supporting various manufacturing processes from its base in India. Activities are centered on delivering reliable services within the local economy.

Key Metrics

Investors in SledgeHammer

SledgeHammer has secured backing from 1 investor. Prominent investors backing the company include Varel Energy Solutions.

All
InvestorDescriptionFounded YearDomainLocation
Downhole products and drill bits are manufactured and supplied.
1947varel.comHouston, United States
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Investor details for SledgeHammer

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Board of directors of Sledgehammer Oil Tools Private Limited. (SledgeHammer)

Sledgehammer Oil Tools Private Limited. is the primary company behind SledgeHammer. The board of Sledgehammer Oil Tools Private Limited. currently have 5 directors; the longest-serving is Jordan Alan Stringer, appointed in 2022. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jordan Alan Stringer
DIN 09668358
Director12 Jul 20224 yrs 3 moSledgehammer Oil Tools Private Limited.
Derek Andrew Nixon
DIN 09690164
Director02 Aug 20224 yrs 2 moSledgehammer Oil Tools Private Limited.
Bharat Gupta
DIN 08312090
Director18 Sep 20242 yrs 1 moSledgehammer Oil Tools Private Limited.
Amit Aggarwal
DIN 10782910
Additional Director26 Feb 20251 yr 7 moSledgehammer Oil Tools Private Limited.
Sanjiv Upadhyay
DIN 07526803
Whole-time director24 Sep 20251 yr 1 moSledgehammer Oil Tools Private Limited.

People of SledgeHammer

10 people are tracked at SledgeHammer (3 in leadership, 7 in team); the tracked headcount is 146.

NameRoleGroup
Pradeep Mohanty
Managing DirectorLeadership
Vijay Mehta
Head - HR & AdministrationLeadership
Sahab Singh
Head Of PurchaseLeadership
Yogesh Sharma
Assistant Manager Human ResourcesTeam
Preeti Tiwari
Account ExecutiveTeam
Anil Gupta
Senior Executive Human ResourcesTeam
Pawan Kumar
Senior Sales Marketing ManagerTeam
Prem Kumar
Manager Of Machine ShopTeam
Shiwali Aggarwal
Senior Account ExecutiveTeam
L. C. Pal
Human Resources Legal ManagerTeam
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Complete people profiles for SledgeHammer

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Financials of SledgeHammer

Figures of Sledgehammer Oil Tools Private Limited., the primary company behind SledgeHammer, for FY 2024. Revenue was ₹222 Cr (+27% year on year). Net profit was ₹7.51 Cr (3% margin). EBITDA was ₹27.78 Cr (13% margin). Revenue has grown at a compounded annual rate of +33% over three years and +9% over five years.

  • ₹222 CrRevenue · FY 2024 · +27% YoY
  • ₹7.51 CrNet profit · 3% margin
  • ₹27.78 CrEBITDA · 13% margin
  • ₹20 LakhPaid-up capital
  • 146Employees (provident fund records)
  • +33%Revenue CAGR, 3 years
  • +9%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sledgehammer Oil Tools Private Limited. are on its company page.

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Detailed financial statements for SledgeHammer

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Timeline of SledgeHammer

2 dated milestones of SledgeHammer across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded SledgeHammer is founded.
  2. Exit Acquired by Varel Energy Solutions.

Top companies in Contract & Outsourced Manufacturing

3 companies that operate in the same segment as SledgeHammer (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Industrial components, mould bases, and storage solutions are manufactured globally.
1986Coimbatore, Tamil Nadu, IndiaUSD 28 MUSD 853.09 M3,060
Single- and three-phase transformers are manufactured in Mumbai.
1993Mumbai, Maharashtra, IndiaUSD 114.37 M618
Apparel and clothing are manufactured and exported on contract.
1979Bengaluru, Karnataka, IndiaUSD 400 M40,280
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Frequently Asked Questions about SledgeHammer

SledgeHammer was founded in 2006.

SledgeHammer is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.

SledgeHammer has 146 employees.

The primary company behind SledgeHammer, Sledgehammer Oil Tools Private Limited., reported revenue of β‚Ή222 Cr for FY 2024, up 27% year on year.

SledgeHammer was founded in 2006 in Faridabad, India, where operations in the manufacturing sector are conducted. Services including production and assembly are offered to industrial clients, with a focus on regional needs. The company maintains its presence through the domain sledgehammerasia.com, supporting various manufacturing processes from its base in India. Activities are centered on delivering reliable services within the local economy.

SledgeHammer has 1 investor. Key investors include Varel Energy Solutions.

SledgeHammer operates through Sledgehammer Oil Tools Private Limited..

Yes. SledgeHammer was acquired by Varel Energy Solutions in July 2022.

The legal entities of SledgeHammer currently have 6 directors, including Bharat Gupta, Sanjiv Upadhyay, Pradeep Mohanty and others.

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