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 βΉ222 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.
- Headquarters Faridabad, India
- Employees 146
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Emailβ’β’β’β’β’β’β’β’
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- Website sledgehammerasia.com
- Acquired by Varel Energy Solutions (Jul 2022)
- Legal Name Sledgehammer Oil Tools Private Limited.
- Date of Incorporation 06 May, 2006
- Jurisdiction Delhi, India
- Annual Revenue₹222 Cr
FY 2024 · +27% YoY
- Net Profit₹7.51 Cr
FY 2024 · 3% margin
- EBITDA₹27.78 Cr
FY 2024 · 13% margin
- Investors
- Employee Count146
- Acquired byVarel Energy Solutions
(Jul 2022)
Associated legal entities of SledgeHammer
SledgeHammer operates through Sledgehammer Oil Tools 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 |
|---|---|---|---|---|---|---|---|
| Sledgehammer Oil Tools Private Limited. CIN U74991DL2006PTC148561 | Active | 06 May 2006 | New Delhi, Delhi | ₹222 Cr | 146 | 6 | View details |
Investors in SledgeHammer
SledgeHammer has secured backing from 1 investor. Prominent investors backing the company include Varel Energy Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Downhole products and drill bits are manufactured and supplied. | 1947 | varel.com | Houston, United States |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jordan Alan Stringer DIN 09668358 | Director | 12 Jul 2022 | 4 yrs 3 mo | Sledgehammer Oil Tools Private Limited. |
| Derek Andrew Nixon DIN 09690164 | Director | 02 Aug 2022 | 4 yrs 2 mo | Sledgehammer Oil Tools Private Limited. |
| Bharat Gupta DIN 08312090 | Director | 18 Sep 2024 | 2 yrs 1 mo | Sledgehammer Oil Tools Private Limited. |
| Amit Aggarwal DIN 10782910 | Additional Director | 26 Feb 2025 | 1 yr 7 mo | Sledgehammer Oil Tools Private Limited. |
| Sanjiv Upadhyay DIN 07526803 | Whole-time director | 24 Sep 2025 | 1 yr 1 mo | Sledgehammer Oil Tools Private Limited. |
People of SledgeHammer
10 people are tracked at SledgeHammer (3 in leadership, 7 in team); the tracked headcount is 146.
| Name | Role | Group |
|---|---|---|
Pradeep Mohanty | Managing Director | Leadership |
Vijay Mehta | Head - HR & Administration | Leadership |
Sahab Singh | Head Of Purchase | Leadership |
Yogesh Sharma | Assistant Manager Human Resources | Team |
Preeti Tiwari | Account Executive | Team |
Anil Gupta | Senior Executive Human Resources | Team |
Pawan Kumar | Senior Sales Marketing Manager | Team |
Prem Kumar | Manager Of Machine Shop | Team |
Shiwali Aggarwal | Senior Account Executive | Team |
L. C. Pal | Human Resources Legal Manager | Team |
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.
Detailed financial statements for SledgeHammer
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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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.
- Founded SledgeHammer is founded.
- 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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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 βΉ222 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.
