K.K. Precision Components
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K.K. Precision Components - overview
Established
1963
Location
-, Tamil Nadu, India
Primary Industry
Materials
About
K. K. Precision Components manufactures high-precision machined components primarily for the automotive industry, utilizing advanced machining technologies to deliver quality products that meet stringent client specifications. Founded in 1963 in India, K.
K. Precision Components specializes in producing precision components for the automotive sector. The company's founder, Saravanan Koteeswaran, has a rich background in engineering and manufacturing. In August 2014, Infinity Asset Solutions Inc.
acquired K. K. Precision Components. The firm has executed two deals to date, with the most recent one occurring in 2014.
K. K. Precision Components specializes in manufacturing high-precision machined components primarily for the automobile sector, employing advanced CNC (Computer Numerical Control) and VMC (Vertical Machining Center) technologies. The company produces a wide array of products designed to enhance the performance, safety, and efficiency of various automotive systems.
With a focus on quality assurance, K. K. Precision Components serves a diverse customer base, including automotive manufacturers and suppliers across North America, Europe, and Asia. In the fiscal year 2023, K.
K. Precision Components reported a revenue of USD 660,543. 60 and an EBITDA of USD 220,138. 90.
The company operates under a B2B model, partnering with automotive manufacturers and suppliers to provide precision components through direct contracts and negotiated pricing agreements based on volume. K. K. Precision Components is focusing on developing new products tailored to the evolving needs of the automotive sector, with plans for launches set for late 2024.
The company aims to expand its market presence into South American and Middle Eastern regions by 2025. The funding secured from the acquisition in August 2014 will support these growth initiatives, allowing for enhanced product development and market entry strategies.
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.kkprecision.in
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
K.K. Precision Components - timeline of key events
K.K. Precision Components - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 4,385,198 | 17,343,674 | 20,873,948 | - | - | - |
| % Revenue Growth (YoY) | - | 295.5% | 20.4% | - | - | - |
| EBITDA (USD) | (2,624,411) | 375,414 | 192,313 | - | - | - |
| Operating Income (USD) | (4,480,746) | (6,434,370) | (6,208,120) | - | - | - |
| Operating Margin | (102.2%) | (37.1%) | (29.7%) | - | - | - |
| % EBITDA Margin | (59.8%) | 2.2% | 0.9% | - | - | - |
| NET Income (USD) | (5,491,804) | (10,803,947) | (10,704,979) | - | - | - |
| % Net Margin | (125.2%) | (62.3%) | (51.3%) | - | - | - |
K.K. Precision Components - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | K.K. Precision Components | - | ||||||||
| Growth | Completed | K.K. Precision Components | - |
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K.K. Precision Components - employee data
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