Latteys Industries Ltd. Stock Analysis LATTEYS.NS

Latteys Industries Ltd. engages in the manufacture of submersible pumps for agricultural, industrial, domestic, and horticultural sectors. The company is headquartered in Ahmedabad, Gujarat and currently employs 119 full-time employees. The company went IPO on 2018-06-05. The firm provides pumping solutions for the domestic, agriculture, horticulture and industrial sectors. The company offers a range of pumps, which includes submersible, self-priming, centrifugal mono block, shallow-well and horizontal open well submersible pump. Its solar pump sets products include Solar Centrifugal Submersible Pumpset AC; Solar Centrifugal Submersible Pumpset DC; Solar Borewell Submersible Pumpset DC, and Solar Borewell Submersible Pumpset AC. Its products also include electric vehicle (EV), charging, LED lights, and flat cables. The company offers Centirifugal Monoblock Pumpset Class A, Centirifugal Monoblock Pumpset Class B, and Centirifugal Monoblock Pumpset Class c. It manufactures more than 1200 models of pumps in its portfolio. These pumps are manufactured and marketed all over India and abroad. The firm has an installed production capacity of approximately 1,20,000 pumps per annum.