About Solar Diamond Tools
Solar Diamond Tools is an Industrial Goods & Manufacturing company based in India. Manufacturing of diamond tools, honing stones, and cutting tools in India. The company has 137 employees. Its Indian entity Solar Diamond Tools (India) Private Limited reported revenue of ₹63.06 Cr. Solar Diamond Tools offers products and services including Diamond Dresser and Diamond and CBN Honing Stones. Its focus areas include Manufacturing, Industrial Manufacturing, Precision Tools and Diamond Tool Manufacturing.
Company details
Solar Diamond Tools is recognized as a leading manufacturer of diamond and CBN tools in India, having been established in 1982. It is guided by directors such as Mr. Milind Zaveri and operates with state-of-the-art facilities in Mumbai and Ambernath. Products including diamond dressers, honing stones, and cutting tools are offered to meet industrial needs, emphasizing quality and on-time delivery. The companys commitment to international standards ensures solutions are provided for precision applications, supported by a team of technical experts.
- Headquarters India
- Employees 137
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
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- Legal Name Solar Diamond Tools (India) Pvt. Ltd
- Date of Incorporation 22 May, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹63.06 Cr
FY 2024 · +21% YoY
- Net Profit₹3.53 Cr
FY 2024 · 6% margin
- EBITDA₹9.69 Cr
FY 2024 · 15% margin
- Employee Count137
Associated legal entities of Solar Diamond Tools
Solar Diamond Tools operates through Solar Diamond Tools (India) 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 |
|---|---|---|---|---|---|---|---|
| Solar Diamond Tools (India) Private Limited CIN U74200MH2008PTC182552 | Active | 22 May 2008 | Mumbai, Maharashtra | ₹63.1 Cr | 137 | 2 | View details |
Products & Services of Solar Diamond Tools
Solar Diamond Tools offers a comprehensive portfolio of products and services, including Diamond Dresser and Diamond and CBN Honing Stones.
Diamond dressers are manufactured for shaping and maintaining grinding wheels in industrial settings
Honing stones are provided for achieving top quality in grinding and finishing operations across various applications
Board of directors of Solar Diamond Tools (India) Private Limited (Solar Diamond Tools)
Solar Diamond Tools (India) Private Limited is the primary company behind Solar Diamond Tools. The board of Solar Diamond Tools (India) Private Limited currently have 2 directors; the longest-serving is Dipali Milind Zaveri, appointed in 2008.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dipali Milind Zaveri DIN 02060154 | Director | 22 May 2008 | 18 yrs 5 mo | Solar Diamond Tools (India) Private Limited |
| Milind Kailash Zaveri DIN 01721702 | Director | 22 May 2008 | 18 yrs 5 mo | Solar Diamond Tools (India) Private Limited |
Financials of Solar Diamond Tools
Figures of Solar Diamond Tools (India) Private Limited, the primary company behind Solar Diamond Tools, for FY 2024. Revenue was ₹63.06 Cr (+21% year on year). Net profit was ₹3.53 Cr (6% margin). EBITDA was ₹9.69 Cr (15% margin). Revenue has grown at a compounded annual rate of +25% over three years and +14% over five years.
- ₹63.06 CrRevenue · FY 2024 · +21% YoY
- ₹3.53 CrNet profit · 6% margin
- ₹9.69 CrEBITDA · 15% margin
- ₹10 LakhPaid-up capital
- 137Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Solar Diamond Tools (India) Private Limited are on its company page.
Detailed financial statements for Solar Diamond Tools
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Top companies in Medical Manufacturing Machinery
3 companies that operate in the same segment as Solar Diamond Tools (Medical Manufacturing Machinery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
CNC machine tools are manufactured for diverse industries. | 1989 | Rajkot, Gujarat, India | USD 6.37 M | USD 223.08 M | 3,360 | |
Manufacturer & supplier of solid dosage products, pharmaceutical machinery and equipment, and packaging solutions | 1961 | Mumbai, Maharashtra, India | USD 371.93 M | 1,804 | ||
Manufactures forged and machined components for automotive, construction, and industrial applications. | 1979 | Pune, Maharashtra, India | USD 25.05 M |
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Frequently Asked Questions about Solar Diamond Tools
Solar Diamond Tools is headquartered in India.
Solar Diamond Tools has 137 employees.
The primary company behind Solar Diamond Tools, Solar Diamond Tools (India) Private Limited, reported revenue of ₹63.06 Cr for FY 2024, up 21% year on year.
Solar Diamond Tools is recognized as a leading manufacturer of diamond and CBN tools in India, having been established in 1982. It is guided by directors such as Mr. Milind Zaveri and operates with state-of-the-art facilities in Mumbai and Ambernath. Products including diamond dressers, honing stones, and cutting tools are offered to meet industrial needs, emphasizing quality and on-time delivery. The companys commitment to international standards ensures solutions are provided for precision applications, supported by a team of technical experts.
Solar Diamond Tools offers Diamond Dresser and Diamond and CBN Honing Stones.
Solar Diamond Tools operates through Solar Diamond Tools (India) Private Limited.
The legal entities of Solar Diamond Tools currently have 2 directors, including Dipali Milind Zaveri, Milind Kailash Zaveri.