Company Overview

Deem Roll-Tech Limited was incorporated in May 2003 as a Private Limited Company and later converted to a Public Limited Company in March 2004. Based in Ahmedabad, India, the company has established itself as a prominent manufacturer in the specialized steel rolls industry. Deem Roll-Tech operates as a manufacturer of steel and alloy rolls for the iron and steel rolling mill industry, supplying essential components such as rolls, rings, sleeves, and arbours.

Incorporated in 2003, Deem Roll-Tech Ltd manufactures steel rolls, which are critical components for the iron and steel rolling mill industry. It produces steel and alloy rolls using materials like steel scrap, roll scrap, pig iron, nickel, ferro molybdenum, other ferro alloys, and resin-coated sand. The company customizes and manufactures various types of rolls suitable for long product mills, flat product mills, and seamless tube rolling mills.

Business Operations and Products

The company's product portfolio includes Spheroidal Graphite Iron (S.G.) or Ductile Iron Rolls, Indefinite Chill Alloy Cast Iron, Alloy Steel Base, Double Poured Alloy Indefinite Chill, and High-Speed Steel. S.G. Iron or Ductile Iron Rolls are available in a range of hardness and compositions for diverse applications. Deem Roll-Tech manufactures customer-specific and various kinds of Rolls used in long product mills, flat product mills, and seamless tube rolling mills.

The company possesses well-established manufacturing capabilities with modern facilities. Products are manufactured from steel scrap, roll scrap, pig iron, nickel, ferro molybdenum, other ferro alloys, resin-coated sand, alloy steel, cast irons, and tungsten carbides, all conforming to international standards. Their manufacturing units include engineering & design, mold making, melting, casting, machining, and dispatch sections, supported by relevant quality testing and assurance equipment. Manufacturing Unit 3 spans a plant area of 15,000 sq. mtrs. and utilizes a static cast manufacturing process. The installed capacity at Manufacturing Unit 3 is 2400 MTPA.

Market Presence and Distribution

DRTL sells its rolls directly to rolling mill manufacturers (OEMs) and in the replacement market, including iron and steel rolling mills, through a network of dealers, distributors, and agents. The rolls serve as essential consumables for these mills. The company has developed a strong international presence, exporting its Rolls to over 10 countries, including the United States of America, Germany, Europe, the Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh.

The company supplies its Rolls directly to rolling mill manufacturers (OEMs) and in the replacement market to iron and steel rolling mills through a network of dealers/distributors and agents. The Rolls manufactured by the Company find their application in the iron and steel rolling mill industries in both domestic and international markets.

Financial Performance

As per recent financial data, the company has reported revenue of ₹97.3 Cr and profit of ₹5.92 Cr. While the company is reporting repeated profits, it has not been paying out dividends. The company shows a low return on equity of 13.0% over the last 3 years. Promoter holding stands at 67.1%. The TTM (Trailing Twelve Months) profit after tax of Deem Roll Tech Ltd was ₹8 Cr.

Key financial metrics as of July 28, 2025:

• Total Asset Value: ₹134 Cr (as on March 31, 2024)

• EPS (TTM): 3.48

• P/E Ratio: 16.94 times, representing a 34% discount to peers' median range of 25.84 times

• P/B Ratio: 0.65 times, representing a 75% discount to peers' median range of 2.59 times

Stock Performance and Market Information

Deem Roll Tech Ltd has a market capitalization of ₹49 Cr as of July 28, 2025. As per Value Research classification, it is a Small Cap company. Deem Roll Tech Ltd is listed and trades on the NSE stock exchange under the symbol DEEM. The 52-week high of Deem Roll Tech Ltd is ₹136.45 and the 52-week low is ₹51.25.

The company has given a return of -41.83% in the last 1 year, indicating recent volatility in stock performance. The company employs 269 people, reflecting its operational scale in the specialized manufacturing sector.

Leadership and Governance

The promoter of Deem Roll Tech Ltd is JYOTIPRASAD BHATTACHARYA, who owns 63.76% of the total equity. The Chairman of the company is Jaydev Ramesh Betai, and the Managing Director is Jyoti Prasad Bhattacharya. There is no promoter pledging in Deem Roll Tech Ltd, which indicates strong financial commitment from the promoters.

Industry Position and Competitors

The peers of Deem Roll-Tech Ltd include Bharat Forge Ltd, AIA Engineering Ltd, PTC Industries Ltd, CIE Automotive India Ltd, Ramkrishna Forgings Ltd, Happy Forgings Ltd, and Electrosteel Castings Ltd. Promoted by a technocrat and a first-generation entrepreneur, the Company believes it is one of the leading manufacturers of high-quality steel and alloy Rolls in India, which are the building blocks of the iron and steel rolling mill industry.

The company operates in a specialized niche within the broader engineering and steel sector, focusing on critical components that are essential for the iron and steel rolling mill industry, both domestically and internationally.