United Heat Transfer

About the Company

Established in 1995, United Heat Transfer is engaged in the manufacture of a range of shell and tube heat exchangers, air-cooled heat exchangers, pressure vessels, and process flow skids equipment which are used as critical equipment for petrol and diesel engines, railway engines, maritime engines, cruise and cargo ships, ferries, pleasure boats, marine diesels, mining trucks, mega- yachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, heavy haulages, power gen sets, supertankers, off-highway engines, etc.

Strengths

• The company is registered as an Approved vendor with prestigious companies in the Oil and Petroleum Industry.
• The company’s manufacturing hub is located in Nashik which is a well-developed industrial area and has been growing in terms of industry setup.
• Its strength lies in the excellent quality and craftsmanship of its products, the engineering expertise of the team, and the continuous pursuit of developing technologically innovative products.

Risks

• Nearly 79% of the company’s revenue is dependent on its top 5 clients. The loss of any one or more of these major customers could have a materially adverse effect on the business.
• The company generates approximately 95% of its revenue from its top 5 states. The loss of any of these key states could significantly impact business operations.
• One of the group companies, which is also a promoter group entity, operates in a similar line of business. Any conflicts of interest between the group companies or promoter group entities could adversely affect the business prospects.
• The company has experienced significant working capital requirements in the past and may continue to do so in the future. Insufficient cash flows from operations or an inability to secure borrowing to meet working capital needs could materially and adversely impact the business, cash flows, and operational results.