Nickunj Group
Nickunj Group is a privately-held Indian industrial conglomerate operating five SBUs (EDM wires, metal cutting, high-temperature materials, jewellery manufacturing, laser solutions) that manufactures in-house products and distributes 15+ global principals' equipment to aerospace, automotive, engineering, and jewellery enterprises across India and 15+ countries.
- Company typePrivate
- Founded1969
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Nickunj Group does
Nickunj Group is a privately-held, family-controlled Indian industrial conglomerate headquartered in Mumbai, organized around five Strategic Business Units: NickEDM (Electrical Discharge Machining wires and consumables), NickMCS (metal cutting tools and machine tool accessories), NickHTS (high-temperature materials including graphite, advanced composites, ceramics, magnets, and specialty alloys), NickJMS (jewellery manufacturing equipment and consumables), and NickALS (laser welding and marking systems). The group manufactures specialized EDM wires in-house, including proprietary coated variants claimed to deliver up to 40% faster cutting than brass wires, and operates three manufacturing units at Baddi, Umargam, and Rabale alongside 14 warehouses and 10 branch offices across India. The company functions primarily as an industrial channel partner and distributor in India for 15+ global principals (D'Andrea, Alberti, ZCC-CT, Coherent, OR Laser, Olympus, DWS, GB F.lli Bertoncello, Balestri, Bedra, Technos, TJR, Eroglu, Suhner, SIAM, Chang Cast), supplementing distributed brands with its own in-house labels (Nickift, Nickast, Nicklassik, EZ Weld, EZ Mark).
The company generates revenue through one-time sales of industrial equipment, precision tools, advanced materials, and consumables to enterprise customers in aerospace (ISRO, HAL), automotive (Tata, Bharat Forge, Motherson, Bajaj), heavy engineering (L&T, BFW, Kalyani Group), jewellery manufacturing, die & mould, and general engineering. Go-to-market is a hybrid enterprise field-sales model — with sales, application, and service engineers stationed at industrial hubs across India — combined with a network of international distributors in 15+ countries. Distribution is reinforced by Laser Welding Studios in Andheri, Vasai, Umargam, and Baddi that provide demos, job work, and training as a service-revenue layer. The company is incorporated under two legal entities (Nickunj Eximp Entp Pvt Ltd, est. 1987; Nickunj EDM Wires and Consumables Pvt Ltd, est. 2007), has 10,000+ customers, 500+ SKUs, and no external institutional investors or public listing.
Nickunj Group firmographics
Firmographics- Name
- Nickunj Group
- Legal name
- Nickunj Eximp Entp Pvt Ltd
- Website
- https://nickunj.com
- Company type
- Private
- Founded year
- 1969
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Nickunj Group is a privately-held Indian industrial conglomerate operating five SBUs (EDM wires, metal cutting, high-temperature materials, jewellery manufacturing, laser solutions) that manufactures in-house products and distributes 15+ global principals' equipment to aerospace, automotive, engineering, and jewellery enterprises across India and 15+ countries.
- Ownership category
- akta.pro rank
Nickunj Group industry classification
Industry- Product category
- Industrial Manufacturing Equipment and Advanced Materials
- SIC
- General Industrial Machinery & Equipment (3560), Machine Tools, Metal Cutting Types (3541)
- akta.pro primary industry
- Workshop Tools, Equipment & Lift Systems Distribution (TLAKAOAM)
Keywords
Where Nickunj Group is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices15 records
Markets served
Nickunj Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Industrial Equipment and Materials Sales: Nickunj Group generates revenue through the sale of industrial equipment, precision tools, advanced materials, and consumables across five strategic business units serving aerospace, automotive, energy, jewellery, and heavy engineering industries.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | B2B industrial equipment and materials - quote-based pricing |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels4 records
Nickunj Group product offering
Product offeringCore offering
Nickunj Group manufactures and distributes industrial equipment, precision tools, advanced materials, and consumables across five Strategic Business Units: NickEDM (EDM wires and consumables), NickMCS (metal cutting tools and machine tool accessories), NickHTS (high-temperature materials and composites), NickJMS (jewellery manufacturing equipment), and NickALS (laser welding and marking systems). The company serves aerospace, automotive, energy, jewellery, and heavy engineering industries through a combination of in-house manufacturing and distribution of products from 15+ global principals.
Product overview
Nickunj Group is a diversified industrial technology conglomerate specializing in advanced materials and manufacturing technology for precision and heavy engineering. The company operates five distinct Strategic Business Units (SBUs) offering comprehensive product portfolios: NickEDM (Electrical Discharge Machining Solutions) providing specialized EDM wires, filters, and consumables; NickMCS (Metal Cutting Solutions) offering precision boring tools, milling attachments, CNC rotary tables, electro spindles, tool presetting machines, and cutting tools from global principals like D'Andrea, Alberti, ZCC-CT, Elbo Controlli Nikken, TJR, and Eroglu; NickHTS (High Temperature Solutions) supplying high-temperature materials including graphite, advanced composites (carbon, basalt, silica, quartz, glass, aramid), piezometer systems, technical ceramics, permanent magnets, and special metals (titanium, molybdenum, tantalum, nickel alloys, Inconel, Hastelloy, zirconium, niobium, tungsten); NickJMS (Jewellery Manufacturing Solutions) providing end-to-end jewellery manufacturing equipment including casting machines, laser welders/markers, 3D printers, refining plants, and consumables from brands like Nickast, Olympus, DWS, Zone Creative, GB F.lli Bertoncello, SIAM, and Balestri; and NickALS (Advanced Laser Solutions) offering laser welding machines and marking systems from OR Laser, Coherent, and its own EZ Weld/EZ Mark brands, along with PAN-India laser welding studio services. The company maintains manufacturing facilities in Baddi, Umargam, and Rabale; 10 branch offices; 14 warehouses across India; and distributes globally to 15+ countries.
Differentiator
Problem solved
Functional benefit
Brands
- NickEDM: Electrical Discharge Machining Solutions - India's leading manufacturer of specialised, high-performance EDM wires including plain wires (Mishkrii, Econo Soft/Hard, Niikos Soft/Hard, Kriicut Soft/Hard) and coated wires (Nicraze), filters, and consumables
- NickMCS
- NickHTS
- NickJMS
- NickALS
- Nickift
- Nickast
- Nicklassik
Products and services
- NickEDM - Electrical Discharge Machining Solutions India's leading manufacturer of specialized, high-performance EDM wires including plain brass wires and coated wires (Nicraze) for precision machining of conductive materials, plus filters and consumables like dielectric fluids, rust inhibitors, electrodes, polishing stones, and molybdenum wire. Targeted at aerospace, automotive, die and mold, and heavy engineering industries.
- NickMCS - Metal Cutting Solutions 35+ years of expertise in metal-cutting solutions including boring and facing tools (D'Andrea), angle heads and high-speed heads (Alberti), CNC rotary tables (TJR), electro spindles (Peron Speed), tool presetting machines (Elbo Controlli Nikken), machine tool accessories (Bemato, Eroglu), cutting tools (ZCC-CT), abrasive and pneumatic tools (ATA Tools, Shaviv, Garryson, Suhner), and Nickift work-holding and industrial storage solutions. Targeted at precision engineering, aerospace, automotive, and general engineering industries.
- NickHTS - High Temperature Solutions Comprehensive range of high-temperature materials including graphite (isostatically pressed blocks, EDM electrodes, crucibles, felt, rigid boards), carbon/basalt/silica/quartz/glass/aramid composites, piezometer systems (PM100/200/300), piezoelectric materials (P(VDF-TrFE) copolymers), poling units, high-voltage diodes, ceramic products (MLCC/SLC capacitors, thick film circuits, crucibles), permanent magnets (NdFeB, AlNiCo, SmCo, ferrite), and special metals (titanium, molybdenum, tantalum, beryllium copper, nickel alloys, Inconel, Hastelloy, zirconium, niobium, tungsten), plus Nafion membranes and Kitagawa gas detectors. Targeted at aerospace, energy, chemical processing, electronics, and industrial high-temperature applications.
- NickJMS - Jewellery Manufacturing Solutions
Quantifiable outcome
- Coated EDM wires deliver up to 40% faster cutting speeds and up to 60% improvement over brass wires
- +3 more outcomes
Companies that use Nickunj Group
Customer profileNamed customers12 records
Segments7 records
Ideal customer profiles5 records
Nickunj Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Nickunj Group partnerships and signals
Strategic signalPartnerships
23 partnerships are on record, tiered core and minor.
- D'AndreacoreItalian precision boring and facing tool manufacturer represented by NickMCS in India. Provides modular boring systems (MHD', PSC), TRM fine boring heads, and NC facing heads for high-precision machining applications.
- AlberticoreItalian angle head and milling attachment manufacturer represented by NickMCS. Offers Control Line, Modular Line, INDEX Line angle heads with 360° adjustability and high-speed spindles.
- ZCC-CTcoreCutting tools manufacturer providing carbide indexable inserts, end mills, drills, and tool holders for turning, milling, and drilling operations.
- Elbo Controlli NikkencoreItalian tool presetting machines manufacturer providing benchtop and floor-standing presetters with optical measurement systems and CNC offset transfer capabilities.
- TJRcoreCNC rotary tables manufacturer providing 4th and 5th axis tables, auto pallet changers, and accessories including torque motor, roller gear CAM, and Hirth coupling index tables.
- EroglucoreTurkish CNC lathe driven tools, tool holders, and accessories manufacturer providing ultra-precision collets, hydraulic chucks, shrink fit holders, and VDI holders.
- BematocoreMachine tool accessories manufacturer providing zero adjusters, edge finders, drill re-sharpening machines, clamping kits, dividing heads, sine vices, and hydraulic vices.
- Peron SpeedcoreItalian electro spindle manufacturer providing high-frequency motorized spindles including TC, TCV, ES, MTM, TA, RG, and RGV series for high-speed machining applications.
- OR LasercoreGerman laser welding machine manufacturer providing ECO, HTS Mobile laser welders (33J-300W) for mould repair, tool making, and aerospace precision parts.
- CoherentcoreLaser welding and marking systems manufacturer providing Performance Series, Desktop, and EasyMark laser machines for jewellery, medical devices, and industrial applications.
- OlympuscoreJapanese microscope and XRF analyzer manufacturer providing stereo microscopes for hallmarking verification and Vanta GX/Element XRF analyzers for gold karat testing.
- DWScoreItalian SLA 3D printing systems manufacturer providing 028J Plus, 029JL2, and XFAB 3500HD castable resin 3D printers for jewellery model production.
- GB F.lli BertoncellocoreItalian jewellery casting equipment manufacturer providing induction vacuum/pressure casting machines (Omega series), burnout furnaces (Alpha), melting furnaces (Beta), and continuous casting systems (Delta, ZEUS, Logic).
- Balestri TechnologiescoreItalian gold and silver refining plant manufacturer providing aqua regia and electrolytic refining systems from 6kg to 150kg/day capacity.
- Bedra (Bedra Thailand)coreEDM wire manufacturer providing Cobra Cut, Mega Cut, Bronco Cut, Microcut, Berocut, and Topas wire products for EDM applications.
- Technos CorporationcoreEDM wire manufacturer providing SP wires in brass type and zinc-rich type for wire EDM applications.
- OshitariminorEDM filter manufacturer providing filters for wire EDM machines.
- ATA ToolscorePneumatic tools manufacturer providing die grinders, pencil grinders, angle grinders, sanders, and belt sanders for deburring and surface finishing.
- ShavivcoreManual deburring tools manufacturer providing blades, kits, and holders for manual burr removal from machined surfaces.
- GarrysoncoreAbrasive tools manufacturer providing pneumatic grinders, flap discs, flap wheels, grinding/cutoff discs, felt bobs, and mounted points for metal removal and finishing.
- SuhnercoreFlexible shaft machine manufacturer providing Rotofera systems with interchangeable handpiece attachments for grinding, polishing, deburring, and engraving.
- SIAMcoreHydrogen generator manufacturer providing HO-200-WT and HO-500-WT electrolytic HHO gas generators for jewellery torch soldering and annealing.
- Chang CastcoreInvestment powder manufacturer providing Cobra, Tiger, Eagle, Dragon, Clarity, HiPt Platinum, and Resincast casting powders for lost-wax jewellery casting.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Nickunj Group competitors and assessment
Company assessmentDirect peers
- Walter Tools: German precision tooling brand (part of Walter Group/Grundfos ownership) selling cutting tools and tool management solutions into Indian industrial customers. Comparable product breadth and customer overlap with NickMCS.
- Guhring: German manufacturer of rotary cutting tools (drills, end mills, reamers) with India sales operations serving automotive and aerospace customers. Overlaps with Nickunj's distributed carbide cutting-tool line and precision machining customer base.
- Seco Tools: Global metal-cutting tools manufacturer (part of Sandvik group) selling indexable inserts, end mills, and tooling into Indian aerospace, automotive, and die-mold customers — directly competing with Nickunj's distributed ZCC-CT and D'Andrea lines.
- Birla Precision Technologies: Indian cutting-tools and precision-engineering manufacturer serving automotive and general engineering customers. A domestic competitor comparable to NickMCS with in-house manufacturing rather than agency distribution model.
- Kennametal India: Subsidiary of Kennametal Inc., manufacturing and distributing metal-cutting tools, inserts, and tooling solutions into Indian automotive, aerospace, and heavy-engineering customers. Highly comparable to Nickunj's NickMCS business and overlapping customer base (Tata, Bharat Forge, L&T).
- Iscar Metals (IMC Group): Israeli-owned metal-cutting tooling major with direct India presence serving automotive, aerospace, and general engineering customers. Competes head-on with Nickunj's NickMCS in boring, milling, and turning tooling categories.
Regional players
- Forbes & Company: Indian diversified industrial group (Shapoorji Pallonji) historically active in precision tools, engineering, and industrial products. Broad-incumbent Indian peer with overlapping industrial customer base though different product mix.
- Hema Group: Indian industrial machinery distributor and importer supplying CNC machines, tooling, and workshop equipment. Comparable to Nickunj's distribution-led business model for foreign principals into the Indian manufacturing market.
Broad incumbents
- Sandvik India: Indian arm of Sweden's Sandvik, distributing metal-cutting tools, mining, and materials technology. Directly competes with Nickunj's NickMCS and NickEDM offerings into the same industrial customer base, with broader portfolio and stronger parent backing.
Emerging players
- Oerlikon Balzers (Balzers India): Swiss surface-treatment and tooling solutions provider with India presence serving aerospace, automotive, and tool-and-die customers. Comparable to Nickunj's high-temp materials and precision-engineering offerings into shared industrial customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Nickunj Group social profiles
Digital presenceNickunj Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nickunj Group leadership team
Management profileNumber of profiles
Profiles1 record
Nickunj Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Nickunj Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nickunj Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nickunj Group
What does Nickunj Group do?
Nickunj Group manufactures and distributes industrial equipment, precision tools, advanced materials, and consumables across five Strategic Business Units: NickEDM (EDM wires and consumables), NickMCS (metal cutting tools and machine tool accessories), NickHTS (high-temperature materials and composites), NickJMS (jewellery manufacturing equipment), and NickALS (laser welding and marking systems). The company serves aerospace, automotive, energy, jewellery, and heavy engineering industries through a combination of in-house manufacturing and distribution of products from 15+ global principals.
Is Nickunj Group a public or private company?
Nickunj Group is a private company. It is classified as family owned and is currently operating.
When was Nickunj Group founded?
Nickunj Group was founded in 1969. It employs 11 to 50 people.
Where is Nickunj Group based?
Nickunj Group is headquartered in Mumbai, India, in the Asia region.
How does Nickunj Group make money?
One revenue line is on record: industrial Equipment and Materials Sales.
Who are Nickunj Group's main competitors?
Direct peers on record are Walter Tools, Guhring, Seco Tools, Birla Precision Technologies, Kennametal India and Iscar Metals (IMC Group). Regional players are Forbes & Company and Hema Group. Sandvik India is listed as a broad incumbent. Oerlikon Balzers (Balzers India) is listed as an emerging player.
Does Nickunj Group have an API?
No public API is recorded for Nickunj Group.
What industry is Nickunj Group in?
Nickunj Group's product category is Industrial Manufacturing Equipment and Advanced Materials. Its primary akta.pro industry code is TLAKAOAM, Workshop Tools, Equipment & Lift Systems Distribution. Its SIC code is 3560.