Sharp Tanks & Structurals
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Sharp Tanks & Structurals - overview
Established
1986
Location
Mumbai, -, India
Primary Industry
Construction
About
Based in Mumbai, India, and founded in 1986 by Managing Director V. V. Nair, Sharp Tanks and Structurals Private Limited, a. k.
a. Sharp Tanks & Structurals is a manufacturer of metal equipment, such as heat exchangers, pressure vessels, process columns, tanks, spheres, and structural equipment. In June 2022, Zetwerk Manufacturing Business Private Limited, a portfolio company of Accel, Avenir Growth Capital, D1 Capital Partners, Greenoaks Capital, Iconiq Capital, IIFL Asset Management, InnoVen Capital, Kae Capital, Lightspeed Venture Partners, Mars Growth Capital, Sequoia Capital, and Steadview Capital Management, acquired Sharp Tanks & Structural’s Pvt. Ltd.
The company’s product line includes a wide range of heat exchanges, pressure vessels, process columns/towers, molded storage vessels, Horton spheres, storage tanks, and piping structural works for oil and gas, petrochemicals, fertilizers, and chemicals industries. The client base of Sharp Tanks & Structurals includes Essar, Bharat Oman Refineries Limited, ONGC, Reliance Industries Limited, Indian Oil, Bharat Petroleum, and more.
Current Investors
Zetwerk Manufacturing Business Private Limited
Primary Industry
Construction
Sub Industries
Oil & Gas Equipment and Services, Construction, Industrial Wholesalers
Website
www.sharptanks.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Sharp Tanks & Structurals - timeline of key events
Sharp Tanks & Structurals - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 461,956,233 | 342,106,827 | 536,893,789 | 756,839,500 | 998,845,458 | 1,103,276,153 | 1,172,449,441 | 1,273,304,257 | - | - | - |
| % Revenue Growth (YoY) | - | - | (25.9%) | 56.9% | 41.0% | 32.0% | 10.5% | 6.3% | 8.6% | - | - | - |
| EBITDA (USD) | - | 36,974,682 | 35,088,829 | 33,648,729 | 80,615,447 | 89,896,766 | 60,355,155 | 103,211,996 | 141,091,104 | - | - | - |
| Operating Income (USD) | - | 30,798,500 | 27,781,290 | 27,625,515 | 74,731,352 | 80,551,929 | 51,864,590 | 94,514,151 | 129,784,524 | - | - | - |
| Operating Margin | - | 6.7% | 8.1% | 5.1% | 9.9% | 8.1% | 4.7% | 8.1% | 10.2% | - | - | - |
| % EBITDA Margin | - | 8.0% | 10.3% | 6.3% | 10.7% | 9.0% | 5.5% | 8.8% | 11.1% | - | - | - |
| NET Income (USD) | 20,363,042 | 12,225,913 | 9,809,742 | (9,614,685) | 30,440,846 | 33,385,408 | 16,484,036 | 52,072,010 | 76,335,860 | - | - | - |
| % Net Margin | - | 2.6% | 2.9% | (1.8%) | 4.0% | 3.3% | 1.5% | 4.4% | 6.0% | - | - | - |
Sharp Tanks & Structurals - employee data
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