StockWatch
·
Houseware
Business Update9 Nov 2026, 12:56 pm

Maharaja & Speedex Adds 9 Lakh Units Capacity, Revenue Run-Rate Hits ₹16 Cr

AI Summary

Maharaja & Speedex India Ltd has announced an addition of 9 lakh units to its annual manufacturing capacity, bringing the total to 72 lakh units per year. This expansion, funded by internal accruals, is expected to increase the monthly revenue run-rate to approximately ₹16 Crore. The new machinery removes production bottlenecks at its Sonipat units, operated by its subsidiary Dewdrop Bottles Private Limited, allowing existing lines to operate at full potential and moving towards greater automation. This capacity enhancement aims to meet growing demand from its own brands and OEM partners. Separately, a 31 lakh-unit expansion funded by IPO proceeds is on track for Q4 FY27. The company's CEO, Mr. Akash Aggarwal, stated that the added capacity strengthens their base for growth as a larger, more organized player in the stainless-steel drinkware market.

Key Highlights

  • Annual manufacturing capacity increased by 9 lakh units to 72 lakh units.
  • Monthly revenue run-rate projected to reach ~₹16 Crore.
  • Expansion funded entirely from internal accruals.
  • Bottleneck removed, production moves towards greater automation.
  • Separate IPO-funded expansion on track for Q4 FY27.