Dalal Street Investment Journal|May 25, 2020
GMM Pfaudler Limited manufactures glass-lined equipment, storage vessels and alloy steel equipment alongside other special-purpose machinery. Its business segments include chemical processing equipment, mixing systems, and filtration/separation equipment, among others. Its geographical business segments include within India as well as other countries. The company’s glass-lined reactors include AE series, BE series, CE series, pharmaceutical series and accessories.
It offers glass-lined Glasteel equipment as well. GMM Pfaudler’s filtration and drying products include Mavazwag agitated nutsche filters, Funda centrifugal disc filter, Mavasphere spherical dryer and Mavapad vacuum paddle dryer. Other than these, the company offers mixing systems such as Economix and Mavadrive magnetic drive agitators whereas its engineered systems include wiped film evaporators (WFE) and temperature control units (TCU). GMM Pfaudler’s heavy engineering equipment includes heat exchangers and pressure vessels while its services include glass integrity checks, high-voltage spark tests and conductivity tests.
Since GMM Pfaudler caters to such industries as pharmaceuticals, specialty chemicals and agrochemicals which are expected to witness an upward movement in the coming years, it has a lot of growth prospects despite witnessing a setback due to the ongoing pandemic. The bulk drugs or active pharmaceutical ingredients (API) industry is expected to grow at a CAGR of 8 per cent through FY25. Factors such as increasing demand in global markets, stable growth in domestic market consumption, low-cost manufacturing capability in India and slowdown of the Chinese economy will aid the sector’s growth.
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May 25, 2020