GMM Pfaudler Limited (GMMPL) is a global leader in corrosion-resistant technologies, systems, and services for the chemical, pharmaceutical, food, and energy industries. The company is a leading supplier of engineered equipment and systems for critical applications, serving demanding industrial needs worldwide. GMM Pfaudler operates as a comprehensive solutions provider, manufacturing specialized equipment.
The company was established in 1962 as Gujarat Machinery Manufacturers and is listed on both the Bombay and National Stock Exchanges. Its heritage dates back to 1884 when Casper Pfaudler invented the process for glass-lined steel, known today as Pfaudler's Glasteel®. Pfaudler Inc. increased its stake to 51% in 1999, leading to the company's name change to GMM Pfaudler Limited. In 2021, GMM Pfaudler completed the acquisition of a majority stake in the global business of the Pfaudler Group.
GMM Pfaudler's core business is the manufacturing of corrosion-resistant glass-lined equipment, making it a leading supplier to the pharmaceutical and chemical industries. The company has diversified its product portfolio to include Mixing Systems, Filtration & Drying Equipment, Engineered Systems, and Heavy Engineering Equipment.
Its branded product lines, such as PFAUDLER, NORMAG, MAVAG, MIXEL, MIXION, MIXPRO, INTERSEAL, EQUILLOY, EDLON, and HYDROAIR, highlight its group strengths and commitment to innovation. The company also offers sealing technology (e.g., dry9000, ace5000, FleXeal mechanical seals), alloy process equipment (including heavy engineering, alloy mixing systems, heat exchangers, columns, reactors, pressure vessels, and wiped film evaporators), fluoropolymers for various industries, and machined PTFE and engineered plastic products.
GMM Pfaudler holds significant market share globally in the glass-lined equipment segment, with 50% in America, 40% in Europe, 20% in China, and 50% in India. While facing competition in the small vessel segment, the group enjoys a near monopoly in the large vessel segment. Over 90% of the world's top chemical companies trust their glass-lined equipment due to the reliability of their reaction technologies and comprehensive accessories.
The company boasts a truly global footprint with 16 manufacturing facilities and 1,800 employees across four continents. This extensive international presence enables them to serve diverse markets and maintain proximity to their key customer base.
GMM Pfaudler Ltd has a market capitalization of ₹5,108 crore as of May 2025. Its 52-week high share price is ₹1,530.80 and the 52-week low is ₹953.00. Promoter holding in GMM Pfaudler Ltd was 25.18% as of March 2025, remaining steady from June 2024.
The company reported challenging financial performance in Q4 FY25. On a consolidated basis, GMM Pfaudler Ltd incurred a loss of ₹-27.94 crore on a total income of ₹801.86 crore for the quarter ended March 2025. This compares to a consolidated net profit of ₹27.63 crore in the quarter ended March 2024. Sales rose 8.89% to ₹806.59 crore in Q4 FY25 compared to Q4 FY24.
For the full year ended March 2025, net profit declined by 69.81% to ₹52.97 crore, down from ₹175.47 crore in the previous year. Sales declined by 7.19% to ₹3198.69 crore in the year ended March 2025, compared to ₹3446.48 crore in the previous year.
The Board of Directors recommended a final dividend of ₹1 per equity share (50%), subject to shareholder approval, at a meeting held on May 21, 2025.
GMM Pfaudler's wholly owned subsidiary, Pfaudler Brazil, has agreed to acquire 100% of the share capital of SEMCO Tecnologia em Processos Ltda., Brazil. The total consideration for this acquisition is USD 18.5 million (~₹158 crore) on a cash and debt-free basis. The acquisition, to be funded by internal accruals and debt, is expected to close in Q2 FY26.
The company secured a significant contract for acid recovery equipment and systems for a European defense sector client, valued at EUR 33.2 million (approximately ₹330 crore). GMM Pfaudler anticipates meaningful revenue contribution from this order.
For over 140 years, Pfaudler has been a leader in developing new technologies to meet the highly specific chemical processing needs of its clients. These technologies are critical for the safe containment of corrosive substances, maintaining vessel pressure, and ensuring final batch quality.
The company's proprietary glass-lined technology, Glasteel®, is central to its value proposition. Originally developed for vacuum fermentation of beer, Glasteel® has become indispensable in many industries due to its exceptional corrosion resistance, cleanliness, and non-stick properties.
The 62nd Annual General Meeting is scheduled to be held on August 1, 2025, at 12:00 Noon (IST). The company adheres to regular corporate governance practices, ensuring timely disclosures and investor communications.
GMM Pfaudler exemplifies successful industrial transformation, evolving from a domestic manufacturer to a global leader in specialized process equipment. With its strong market position, diverse product portfolio, and ongoing strategic initiatives, the company plays a vital role in enabling critical industrial processes across numerous sectors worldwide.
