About the Company: Global Leader in Woven Raffia Machinery
Incorporated in 2023, Lohia Corp is a global manufacturer of machinery and equipment for technical textiles, especially for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks (raffia).
As of March 31, 2026, the company has an installed capacity to produce 240 tape extrusion lines, 13,800 circular looms, and 108,000 winders annually.
The company offers a wide range of machines, including tape extrusion lines, circular looms, coating and lamination lines, printing and conversion machines, multifilament yarn machines, twister winders, monofilament extrusion lines, recycling machines, and related spare parts.
The company’s products serve both packaging and non-packaging industries. They are used in making cement, fertilizer, chemical, polymer, food grain, and mineral bags, shopping bags, FIBCs, and container liners, as well as in applications such as tarpaulins, geotextiles, ground covers, carpet backing, ropes, and twines.
Key Numbers (As of March 31, 2026)
- The company has sold over 2,447 tape extrusion lines, 502,940 winders, and 101,452 circular weaving looms.
- As of July 17, 2026, it owned 54 trademarks, 71 patents in India, 56 patents outside India, and eight design registrations.
- Additionally, 24 trademark applications and 19 patent applications were pending registration.
- As of March 31, 2026, the company also had international offices in Brazil, Russia, Thailand, the UAE, and the USA, as well as warehouses in India, the USA, and the UAE, with stockists in eight countries.
- The company had 2,010 permanent employees as of March 31, 2026.
Competitive Strengths
- Market leader in India and among the leading manufacturers globally of woven raffia machinery.
- Diverse product portfolio offering end-to-end solutions for the woven fabric ecosystem.
- Strong relationships with a diverse global customer base.
- Advanced manufacturing infrastructure with comprehensive backward integration.
- Technology-driven operations with a strong focus on innovation-led research and development.
Financial Trends & Performance Boundaries
| Period Ended | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|
| Assets | ₹1,304.66 Cr | ₹967.60 Cr |
| Total Income | ₹1,737.87 Cr | ₹1,386.47 Cr |
| Profit After Tax (PAT) | ₹193.45 Cr | ₹117.84 Cr |
| EBITDA | ₹339.45 Cr | ₹228.60 Cr |
| Reserves and Surplus | ₹519.16 Cr | ₹358.14 Cr |
| Total Borrowings | ₹152.78 Cr | ₹212.16 Cr |
All figures in ₹ Crore
Key Performance Indicators (FY 2026)
IPO Structure & Shareholder Monetization
The public offer is arranged entirely as an institutional liquidity window via secondary markets.- Secondary Offer for Sale (OFS) monetization for selling promoters ₹1,101.28 Cr
- Enhancing visibility and listing benefits on national stock exchanges Strategic Advantage
Financially, its indicators reflect high asset efficiency: it features an expanding 40.92% ROCE alongside a high 19.53% EBITDA margin boundary. At the upper price band of ₹425, the bookbuild trades at an entry P/E multiple of 23.21x on restated FY26 consolidated numbers.
Given its attractive entry pricing structure compared to several highly valued industrial equipment engineering peers, strong financial trajectory, and lean balance sheet risk, this mainline issue stands out for medium-to-long term portfolios.
