NABL Accredited Civil-Material Testing Lab in Central Mumbai

Product / Service

It is a NABL - certified material testing; catering to civil, geotechnical and structural engineering entities.

Clientele type

Client Base and Revenue Model:
A significant portion, approximately 90%, of the company's work comes from high-profile clients in the Mumbai Metro, Bullet Train & sewerage Infrastructure projects sector such as Megha Infra, Jkumar, L&T, Suez India, SMC Infra, Tata, NCC, Ahluwalia, and Capacite.
Government projects contribute around 7% of their workload, involving clients like Shapoorji Pallonji, Tata Reality, Capacite, K Raheja, LNT Reality, and Godrej.
The remaining 3% of their business comes from regular small builders.
The product value ranges from INR 200 to INR 15,000.

Premises

LEASED

Lease per month (in INR): 120,000

Security Deposit (in INR): 200,000

Carpet Area: 2,300 sq ft

Assets Overview:
The tangible assets included in the transaction are different types of equipment worth INR 1.2cr and a lab for testing the chemicals.

Facilities Overview:
There are 7 offices for the business of which 5 offices are in 1 building, in total all offices are 2,300 sq ft big with a monthly rent of INR 1,25,000.

Asking Price Includes

A capable team with prior experience, lab equipment that's been professionally calibrated and certified by NABL, an NABL lab with a current 2-year validity that can be extended in the future, and, most significantly, credentials that are valid nationwide.

This enables the new owner to immediately take charge and start generating income from the day of the transfer.
To maximize this opportunity, consider expanding into other cities since the same clients operate throughout India, and the existing relationships will be advantageous.

Asking Price

INR 15.00 Crore

Minimum ticket size

INR 150,000,000 (INR 15.00 Crore)

Reason

Owner would be shifting focus on to other owned business.

Other Details

Our team consists of a total of 34 employees in the Mechanical, Non-Destructive & Chemical departments (This includes Admin and Sales)

Growth and Credibility:
The company experienced an impressive growth rate of 40-119% in the last two years, indicating its increasing prominence and demand in the market. It boasts credentials from reputed contractors and approvals from Metro authorities, underscoring its credibility and reliability in the industry.
- Contract Durations: Contracts secured by the company typically span a period of 4-5 years, reflecting the stability and long-term potential of their business relationships.
- Overall, the company exhibits a robust revenue model, strong business relationships with prominent clients and government bodies, significant growth trajectory, and a commitment to national development through its infrastructure testing services.

The HODs have experience more than 15 years in the field of testing.
Regular training is been given to the team for their progress in the field.

Constant Growth: In 5 years we have grown our team size from 3 people to 26 people, from a single office to 5 units.

Location:
Being centrally located in Mumbai we are able to cater to an essential aspect of testing i.e. witnessing by the client.
We are the only lab in Mumbai with a wide range of testing scope and credentials.
All our competitors are located on the outskirts of Mumbai making us the preferred choice for Metro Projects.

Software: We have developed our in-house software which helps us track and issue reports faster than our competitors.

Our Future Plans:
Increasing our current scope in Building Materials i.e. adding balance niche testing equipment.
Calibration Facility to cater to the current clientele.
Geotechnical Testing.
Petrochemical Products Testing.
Finished Interior Products Testing.
Adding Branches pan India as the current certifications are valid all over the country i.e. NABL and Government /Metro Approvals.