Thejo

What Thejo does

Thejo Engineering Limited (NSE: THEJO), founded in 1974 in Chennai, India and incorporated as a public limited company in 1986, is an industrial solutions provider focused on belt-conveyor-based bulk material handling, mining and mineral processing, and corrosion protection. Its core technology stack centres on cold vulcanising of rubber, proprietary splicing formulations, ceramic-embedded lagging, and portable vulcanising equipment — capabilities the company has built over five decades, supported by a DSIR-approved R&D centre and five manufacturing plants in India. The product portfolio is organised into Conveyor Care (TEZ splicing kits, VULKAN vulcanising equipment including a GEN-4 automatic control panel, OX-n belt coiler/de-coiler, SCHOL tool kits, pulley lagging sheets, Eli-Flex polyurethane repair resin), Transfer Point Solutions, Dust Suppression, Flow Promotion, Abrasion and Wear Protection, Corrosion Protection (including PTFE linings), Screening Solutions, and Filtration Solutions, complemented by on-site technical services such as belt splicing, project execution, transfer point management and abrasion/corrosion protection work performed at customer premises.

Thejo generates revenue through two principal streams: sale of industrial products and solutions (hardware/consumables for material handling and protection) and technical services delivered at customer sites. Pricing is quote-based and project-specific rather than publicly disclosed, reflecting a B2B enterprise field-sales motion targeting core sector customers — mining, mineral processing, power, metal, cement, ports and terminals, aggregates, and chemical and fertiliser — in India and through wholly-owned subsidiaries in Australia, Saudi Arabia, Brazil and Chile. The company was the first to list on NSE's EMERGE platform in 2012 and reported FY2026 sales of Rs 632.09 crore (up 14.36% year-on-year) with Q4 FY2026 sales up 18.26%, alongside a modest 1.26% decline in full-year net profit to Rs 49.26 crore.

Name

Thejo

Legal name

Thejo Engineering Limited

Website

https://thejo-engg.com

Company type

Public

Founded year

1974

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Thejo Engineering Limited, founded 1974 and listed on NSE EMERGE, manufactures and services belt-conveyor maintenance, material handling, abrasion/corrosion protection and mineral-processing solutions for mining, cement, power, metals, ports and aggregates customers in India, Australia, Saudi Arabia, Brazil and Chile.

Ownership category

akta.pro rank

Product category

Industrial Material Handling Solutions (Conveyor Belt Care)

NAICS

Conveyor and Conveying Equipment Manufacturing (333922), Rubber and Plastics Hoses and Belting Manufacturing (32622), Mining Machinery and Equipment Manufacturing (333131)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050), General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers) (IMAHABAH)

akta.pro secondary industries

Conveying, Hoisting & Materials Handling Systems (Conveyors, Stackers/Reclaimers, Winches) (IMAKANAE), Feeding & Conveying Equipment (Aprons, Belts, Stackers) (IMAHAMAH), Industrial Belting (Conveyor, Power Transmission) (IMANALAB)

Keywords

• Conveyor belt solutions
• Material handling equipment
• Industrial wear protection
• Rubber lining services
• Mining conveyor systems

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Products and Solutions: Sale of conveyor belt care products, transfer point solutions, dust suppression systems, flow promotion equipment, abrasion and wear protection products, corrosion protection solutions, screening solutions, and filtration solutions. Includes both products and associated services.
2. Technical Services: Services including conveyor belt splicing and repair, project execution, transfer point services, abrasion and wear services, filtration services, screening services, and corrosion protection services performed at customer premises

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Thejo Engineering Limited manufactures, markets, and services industrial solutions for belt-conveyor-based bulk material handling systems, mining, and mineral processing. The portfolio includes conveyor belt care products (splicing kits, vulcanising equipment, pulley lagging sheets, belt coilers, tool kits), transfer point solutions (belt cleaners, trackers, impact cushions, engineered chutes), dust suppression and flow promotion systems, abrasion and wear protection products (mill lining, wear panels, rubber-lined pipes), corrosion protection solutions (rubber sheetings, PTFE linings), screening solutions, and filtration spares. These are complemented by on-site technical services such as belt splicing, recapping, pulley lagging, fabrication and lining, project execution, and O&M support.

Product overview

Thejo Engineering is a comprehensive industrial solution provider for belt conveyor based bulk material handling systems, offering a portfolio of specialized products and services. The product lineup includes: Conveyor Care solutions (TEZ Splicing and Repair Kits, VULKAN Vulcanising Equipment, Pulley Lagging Sheets, OX-n Belt Coiler & De-Coiler, SCHOL Tool Kits) for belt maintenance and repair; Transfer Point Solutions (Belt Cleaners, Belt Trackers, Impact Cushion Pads, Skirt Sealing System, Engineered Chutes) for material flow optimization; Dust Suppression (High Pressure Fogging System); Flow Promotion (G Force Air Blaster, Bazooka Air Blaster); Abrasion and Wear Protection (Mill Lining, Bulk Flow Chutes, Wear Resistant Panels and Sheetings, Rubber Hoses, Rubber Lined Pipes); Corrosion Protection (Rubber Sheetings, Expansion Joints, PTFE Linings); Screening Solutions (Scalping, De-Watering, Flip Flow, Trommel Screening); and Filtration Solutions (Rubber, Plastic, and Metallic Spares). These products are complemented by specialized services including Conveyor Belt Services, Project Execution, Transfer Point Services, Abrasion and Wear Services, Filtration Services, Screening Services, and Corrosion Protection Services, serving industries such as Mining, Mineral Processing, Aggregates, Cement, Power, Ports, Metal, Chemical and Fertilizer, and Food and Grain.

Differentiator

Problem solved

Functional benefit

Brands

• TEZ: Brand of splicing solutions for belt conveyor splicing and repair, developed with focus on reduced down-times while meeting safety, quality and technical requirements.
• VULKAN
• OX-n
• SCHOL
• CERA LAG
• Eli-Flex

Products and services

• TEZ Splicing and Repair Kits

Segments8 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Thejo Australia Pty LtdcoreOthersWholly owned subsidiary operating in Australia, providing local presence for the company's industrial solutions including filter plates for mining applications. The subsidiary has entered into supply and service contracts.
• Thejo Saudi ArabiacoreOthersWholly owned subsidiary providing market presence in Saudi Arabia and Middle East region
• Thejo BrazilcoreOthersWholly owned subsidiary operating in Brazil, South America
• Thejo ChilecoreOthersWholly owned subsidiary operating in Chile, South America

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Trelleborg AB: Trelleborg is a global polymer technology group producing engineered rubber products including conveyor belts, wear protection, hoses and seals for mining and heavy industry. It is a direct competitor to Thejo in abrasion/wear linings, rubber hoses, and engineered polymer solutions for bulk material handling.
• Flexco: Flexco is a global leader in mechanical belt fastening, cleaning and maintenance tools for conveyor systems serving mining, aggregates and bulk handling markets. It competes with Thejo's OX-n belt changing equipment, SCHOL tool kits and conveyor maintenance product lines worldwide.
• Sempertrans (Semperit Group): Sempertrans, part of the Semperit Group, manufactures textile and steel cord conveyor belts for mining, cement, steel and power industries worldwide. It directly competes with Thejo's TEZ splicing and conveyor care product lines for global mining and bulk material handling customers.
• Martin Engineering: Martin Engineering is a US-based manufacturer of conveyor belt cleaning, tracking, transfer point and dust management solutions serving bulk material handling industries globally. It overlaps directly with Thejo's Transfer Point Solutions (belt cleaners, belt trackers, skirt sealing, engineered chutes) and dust suppression product categories.
• Fenner (Michelin Conveyor Solutions): Fenner, now part of Michelin, is a leading global manufacturer of reinforced conveyor belts and polymer-based industrial products for mining, quarrying and bulk handling. It is a direct competitor to Thejo in fabric and steel cord conveyor belts, pulley lagging and engineered polymer solutions for mining customers worldwide.

Broad incumbents

• Bridgestone Industrial: Bridgestone, through its industrial products division, manufactures conveyor belts, rubber hoses and diversified industrial products for mining, manufacturing and infrastructure customers globally. It competes with Thejo in heavy-duty conveyor belts and industrial rubber goods, but at far greater scale and breadth.
• Sandvik Mining and Rock Solutions: Sandvik supplies mining and rock excavation equipment, including crushing, screening and materials handling systems used alongside conveyors in mines. It is comparable to Thejo at the system level for mining customers, though its core focus is heavy mining and rock processing machinery rather than conveyor consumables and services.
• Metso: Metso is a global leader in mining, aggregates and recycling equipment, including crushing, screening, conveying and wear protection solutions. It overlaps with Thejo's screening, abrasion/wear protection and bulk material handling offerings, though Metso also sells complete processing plants and capital equipment at much larger scale.
• ContiTech (Continental): ContiTech, part of Continental AG, is one of the world's largest manufacturers of conveyor belts, rubber sheeting, hoses and industrial elastomer products. It competes head-on with Thejo in heavy-duty conveyor belting and rubber linings for mining and bulk material handling, but at a vastly larger global scale across many industrial segments.

Emerging players

• Argonics (US) / Argyle Industrial Rubber: Argonics produces polyurethane and rubber wear liners, screen media and custom-molded components for mining, aggregate and material handling customers. It is an emerging, niche competitor to Thejo's abrasion/wear protection, screening and rubber lining offerings, particularly in North American mining markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thejo