Sharp Chucks & Machines Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Sharp Chucks And Machines Ltd. (SCML) is an Indian manufacturer specializing in critical industrial and automotive components, including lathe chucks, power chucks, and specialized castings. Headquartered in Jalandhar, Punjab, the company operates as an integrated precision engineering entity, serving diverse industries such as machine tools, automobiles, and general engineering. SCML maintains a significant presence in the domestic market while expanding its footprint in global exports.

Key Points

Key Facts

• Founded Year: 1994
• Headquarters: Jalandhar, Punjab, India.
• Stock Listing: Listed on the NSE SME platform (Stock Code: SCML).
• Products: Lathe Chucks (manual and power-operated), Independent Chucks, Self-Centering Chucks, Machine Vices, and various graded Castings (S.G. Iron and Grey Iron).

Operations and Resources

• Facilities: The company operates three manufacturing units (Unit I, Unit II, and Unit III) located in Jalandhar. These units are equipped for foundry operations, forging, and precision machining.
• Integration: SCML follows an integrated business model with in-house design, casting, forging, and machining capabilities, allowing for end-to-end production control.

Market and Significance

• Industries Served: Primarily serves the Machine Tool industry, Automotive OEMs, and Agriculture.
• Strategic Importance: It is one of the leading manufacturers of work-holding devices (chucks) in India, which are essential components for CNC and conventional lathe machines.

Business Model and Strengths

• Model: The company focuses on high-precision manufacturing and product customization. It leverages its in-house foundry to produce raw castings, which are then machined into finished products, capturing value across the production chain.
• Core Competencies: Specialized knowledge in work-holding technology and the ability to produce large-sized chucks and complex industrial castings.

Financial Overview (FY 2024-25)

• Revenue from Operations: The company reported total revenue from operations of ₹189.65 crore for the financial year ended March 31, 2025.
• Revenue Breakdown:
  • By Segment: Revenue is predominantly driven by the sale of manufactured products, including Chucks and Castings (approximately 85-90% of total revenue), with the remainder from scrap sales and services.
  • By Geography: Domestic sales account for roughly 75% of revenue, while exports to markets in Europe, the Middle East, and North America contribute the remaining 25%.
• Profitability: The company achieved an EBITDA of ₹16.42 crore and a Profit After Tax (PAT) of ₹7.28 crore for FY25.

Key Products and Technology

• Lathe Chucks: Offers manual chucks ranging from 100mm to 1500mm and power chucks for high-speed CNC applications.
• Castings: Produces S.G. Iron and Grey Iron castings for engine blocks, pump housings, and transmission parts.
• Advancements: Implementation of advanced CNC machining centers and induction melting furnaces in the foundry to improve dimensional accuracy and metallurgical properties.

Employee and Human Resources

• Employee Count: Approximately 450 permanent employees as of March 2025, supplemented by contract labor for shop-floor operations.
• Workforce Trends: The company has maintained a stable attrition rate of approximately 10-12% in the skilled technician category.

Strategic Initiatives and Future Outlook

• Capacity Expansion: SCML is currently expanding Unit III to increase its casting capacity by 3,000 MT per annum to meet growing demand from the automotive sector.
• Export Growth: Active focus on increasing penetration in the North American and European markets through new distribution partnerships.
• Product Diversification: Developing specialized work-holding solutions for the aerospace and defense sectors.

References

1. Annual Report Mar 2025
2. Investor Presentation Oct 2025
3. Investor Presentation Jan 2026