Unimech Aerospace and Manufacturing Ltd

🚀 Unimech Expands with Hobel Bellows Acquisition: Key Insights

- Acquired Hobel Bellows, a manufacturer of metallic bellows and precision assemblies.

- Hobel reported INR 129 crores revenue in FY26 with EBITDA margins exceeding 50%.

- 90% of Hobel's revenue comes from exports to markets like the UK, US, Singapore, and China.

- Key customers include Cummins and another major OEM, accounting for ~93% of revenue.

- Hobel operates from a 200,000 sq ft facility in Visakhapatnam SEZ with 50-60% capacity utilization.

- Acquisition valued at INR 450 crores with no immediate need for additional capex.

- Targets 15-17% growth for Hobel over the next 3-4 years.

- FTWZ facility is operation-ready, pending customs clearance by end-May 2026.