About Somal Refractories
Somal Refractories is a company based in Ludhiana (India) founded in 1974. It operates as a B2B. The company has 32 employees. Somal Refractories operates in a competitive market with competitors including Aliaxis, Uponor, Atkore, Astral Poly Technik and Vectus, among others.
- Headquarter Ludhiana, India
- Employees 32
- SectorsIndustrial Goods & Manufacturing
- Website somalrefractories.com
- Legal Name Somal Pipes Pvt Ltd
- Date of Incorporation 15 Dec, 1979
- Jurisdiction Punjab, India
- Annual Revenue₹35.97 Cr
FY 2024 · +13% YoY
- Net Profit₹89.1 Lakh
FY 2024 · 2% margin
- EBITDA₹2.31 Cr
FY 2024 · 6% margin
- Employee Count32
Associated legal entities of Somal Refractories
Somal Refractories operates through Somal Pipes Pvt Ltd (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 |
|---|---|---|---|---|---|---|---|
| Somal Pipes Pvt Ltd CIN U28939PB1979PTC004094 | Active | 15 Dec 1979 | – | ₹36.0 Cr | 32 | 3 | View details |
Board of directors of Somal Pipes Pvt Ltd (Somal Refractories)
Somal Pipes Pvt Ltd is the primary company behind Somal Refractories. The board of Somal Pipes Pvt Ltd currently have 3 directors; the longest-serving is Gursimar Iqbal Somal, appointed in 2012. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gursimar Iqbal Somal DIN 06480352 | Managing Director | 01 Jun 2012 | 14 yrs 4 mo | Somal Pipes Pvt Ltd |
| Karan Iqbal Singh DIN 03141822 | Director | 05 Jan 2016 | 10 yrs 9 mo | Somal Pipes Pvt Ltd |
| Harvinder Somal DIN 00512149 | Director | 25 Jan 2016 | 10 yrs 8 mo | Somal Pipes Pvt Ltd |
Financials of Somal Refractories
Figures of Somal Pipes Pvt Ltd, the primary company behind Somal Refractories, for FY 2024. Revenue was ₹35.97 Cr (+13% year on year). Net profit was ₹89.1 Lakh (2% margin). EBITDA was ₹2.31 Cr (6% margin). Revenue has grown at a compounded annual rate of +28% over three years and +17% over five years.
- ₹35.97 CrRevenue · FY 2024 · +13% YoY
- ₹89.1 LakhNet profit · 2% margin
- ₹2.31 CrEBITDA · 6% margin
- ₹1.37 CrPaid-up capital
- 32Employees (provident fund records)
- +28%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Somal Pipes Pvt Ltd are on its company page.
Detailed financial statements for Somal Refractories
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Competitors of Somal Refractories
Somal Refractories 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 Aliaxis, Uponor, Atkore, Astral Poly Technik and Vectus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aliaxis.com | 2003 | Brussels, Belgium | $260M | – | Piping systems are designed, manufactured, and distributed for multiple sectors. | |
| uponor.com | 1918 | Vantaa, Finland | – | – | Heating, cooling, plumbing, and infrastructure solutions are provided globally. | |
| atkore.com | 1959 | – | – | 2,699 | Manufacturer of cable wires | |
| astralpipes.com | 1999 | Ahmedabad, India | – | 3,330 | PVC pipes are manufactured for plumbing and drainage applications. | |
| vectus.in | 1989 | Noida, India | $16.92M | 485 | Vectus is recognized as a leading manufacturer of water storage solutions in India. | |
| stelrad.com | 1936 | Rotherham, United Kingdom | – | – | Panel radiators are manufactured by Stelrad in the United Kingdom. | |
| apollopipes.com | 1985 | Noida, India | – | 639 | Manufacturer of PVC pipes, fittings, and bathroom fixtures | |
| ashirvad.com | 1998 | Bengaluru, India | – | 2,649 | PVC and CPVC piping systems are manufactured for plumbing applications. | |
| charlottepipe.com | 1901 | Charlotte, United States | – | 1,671 | Manufactures pipe and fittings for plumbing markets worldwide. | |
| bakrie-brothers.com | 1942 | Jakarta, Indonesia | – | – | Manufacturing and infrastructure solutions are provided across multiple sectors. |
Detailed competitors of Somal Refractories
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Latest news on Somal Refractories
Complete news archive for Somal Refractories
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Similar companies to Somal Refractories
10 companies that operate in the same segment as Somal Refractories (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 Somal Refractories
Somal Refractories was founded in 1974.
Somal Refractories is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Somal Refractories has 32 employees.
The primary company behind Somal Refractories, Somal Pipes Pvt Ltd, reported revenue of ₹35.97 Cr for FY 2024, up 13% year on year.
Somal Refractories produces high-quality stoneware pipes for industrial use, focusing on manufacturing and industrial, industrial goods, materials production, and stoneware products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Somal Refractories operates through Somal Pipes Pvt Ltd.
The legal entities of Somal Refractories currently have 3 directors, including Karan Iqbal Singh, Gursimar Iqbal Somal, Harvinder Somal.