Sealmatic India: A company specializing in nuclear energy stocks, which designs and manufactures high-precision and heavy-duty mechanical seals used in nuclear and thermal projects, is gaining attention after successfully raising funds. These funds will be used to expand into the development of advanced mechanical seals for defense and nuclear applications.
Price action
The shares of Sealmatic India Limited, which has a market capitalization of Rs. 512 Crores, were trading at Rs. 565 per equity share, up 0.4% from the close price of Rs. 562.80 the day before.
What Happened
Sealmatic India Limited’s board of directors had previously approved a plan to raise up to Rs. 25 Crores. This will be done by issuing and allotting 4.3 lakh fully paid-up equity shares, each with a face value of Rs. 10, through a preferential issue on a private placement basis. Aegis Investment Fund PCC has announced an investment of Rs. 25 crores in Sealmatic India Limited through the company’s preferential issue.
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This will involve the issuance of 3.93 lakh equity shares at a price of Rs. 636 per share.
The fundraising is part of Sealmatic India’s plan to boost its presence in key global markets, including the Middle East, Europe, and the United States. The company also aims to invest in high-growth API markets, primarily in India and the Middle East.
Additionally, Sealmatic plans to focus on the development of advanced mechanical seals for defence and nuclear applications, such as stern tube seals, primary reactor seals, and API 682 4th Edition.
These initiatives are critical for Sealmatic’s efforts to expand globally, compete in international markets, and strengthen its core capabilities. The goal is to achieve long-term sustainable growth and profitability.
As per PRNewswire, Mr Umar AK Balwa, Managing Director of Sealmatic said, “The capital raised will be invested in expanding market and service/product capabilities in Middle East, USA & Europe, which are expected to grow exponentially over the next 5 years, driven by the adoption of new technologies in the field of mechanical seals for critical API, Defense and Nuclear applications. Sealmatic, which already has a presence in the above sectors and regions, will invest in the value chain to become a dominant player, providing expanded products and services to oil & gas, refineries, petrochemical, defense, nuclear and other critical industries”
“We are excited to have Aegis Investment Fund PCC Niveza onboard and the investment from them will support the company’s strategic expansion and growth initiatives into key industry verticals, with relevant technology solutions, including key leadership hiring and significantly expanding its sales and business development efforts in Middle East, Europe, North America and other emerging markets.” he added.
About Sealmatic
Sealmatic is a company that specializes in designing and manufacturing mechanical seals and related products for various industries, including oil & gas, refinery, petrochemical, chemical, pharmaceutical, fertilizer, power, mining, pulp & paper, aerospace, and marine. The company offers a wide range of sealing solutions tailored to meet different requirements.
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Their product lineup includes Pusher Seals, Standard Cartridge Seals, Elastomer Bellows Seals, Metal Bellows Seals, Engineered Seals, Split Seals, Gas-Lubricated Seals, and more. Sealmatic is committed to providing high-quality and reliable sealing solutions for critical industrial applications.
About the Company
Sealmatic India Limited specializes in the design and manufacturing of high-precision, heavy-duty mechanical seals used in a wide range of power plant applications, including both nuclear and thermal power plants.
The company’s mechanical seals are API-compliant and provide practical, technically advanced solutions that enhance safety and process reliability across industries like refining, petrochemicals, oil & gas, and chemicals. Sealmatic’s products are essential for ensuring operational efficiency and safety in these critical sectors.
The mechanical seals market is expected to grow significantly, with a forecasted increase of USD 1.73 billion and a compound annual growth rate (CAGR) of 5.55% from 2025 to 2030.
Clientele Base
Sealmatic India Limited has established a robust clientele, serving major industry players such as Reliance Industries Limited, IOCL, BPCL, HPCL, Oil India, BHEL, NTPC, ONGC, JSPL, GAIL, GSECL, and many others.
Financials & Ratios
In terms of financial performance, Sealmatic’s revenue from operations increased by 19%, rising from Rs. 37.01 Crores in H1FY24 to Rs. 43.93 Crores in H1FY25. However, its profits slightly decreased from Rs. 6.59 Crores to Rs. 6.46 Crores during the same period.
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Sealmatic’s financial health is reflected in its solid return ratios, with a return on equity (ROE) of 10.43% and a return on capital employed (ROCE) of 13.78%. The company also has a strong liquidity position, with a low debt-to-equity ratio of 0.06.
