What B.Y. Industries does

B.Y. Industries (M/s B.Y. Industries) is a privately held partnership firm headquartered in Belgaum, Karnataka, India, founded in April 1974 by Mr. P. A. Bagewadi and Mr. S. K. Yatagiri. Operating as a Registered SSI Unit for over 45 years in heavy fabrication, the company runs two manufacturing units totaling 21,000 sq ft equipped with crane facilities, offering CNC plasma cutting (up to 40mm), CNC laser cutting (up to 10mm MS), CNC press brake, MIG and Arc welding (ISO 3834-2 certified with ISO 9606-1 welders), shot blasting, and painting under a single integrated production footprint. The company is ISO 9001:2015 certified by TUV NORD.

The company's product portfolio spans sugar plant machineries (Sugar Melter, Pug Mill, Magma Mixer), cement and steel plant components, elevator components for Otis Elevator, batching plants and concrete pump components for Putzmeister, pressure and storage tanks, lift irrigation equipment, and CNC profile cutting services. Revenue is generated on a quote-based, project-by-project model serving industrial OEM customers across sugar, cement, construction equipment, elevator, steel, and renewable energy verticals, with named enterprise customers including Otis Elevator CO. India, Putzmeister Concrete Pumps Ltd, Suzlon Wind Power, Punj Lloyd, and several sugar factories across Karnataka and Maharashtra. Distribution is direct to enterprise buyers domestically, with exports to Nepal and Bangladesh facilitated through OEM channels. Marketing relies on the company website, direct sales, trade shows, and association with established OEM brands rather than paid acquisition.

Name

B.Y. Industries

Legal name

M/s B.Y. INDUSTRIES

Website

https://byindustries.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

B.Y. Industries is a 45-year-old Belgaum, India-based partnership firm providing heavy fabrication and machined components for industrial OEMs across sugar, cement, elevator, construction equipment, and steel sectors, with named customers including Otis Elevator and Putzmeister.

Ownership category

akta.pro rank

Product category

Industrial Equipment Manufacturing

NAICS

Industrial Machinery Manufacturing (33324), Food Product Machinery Manufacturing (333241)

SIC

General Industrial Machinery & Equipment, Nec (3569), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Automotive & Heavy Manufacturing Plant Construction (IMAFADAK)

Keywords

• Heavy fabrication services
• Industrial equipment manufacturing
• Custom machining services
• Sugar plant equipment
• Cement plant equipment

Headquarters

HQ city

Belgaum

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure

Revenue model

1. Industrial Equipment Manufacturing: One-time fabrication and manufacturing of heavy industrial equipment and machined components for sugar plants, cement plants, construction equipment, and elevator components. Revenue generated from custom fabrication projects and batch production of components for OEMs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

B.Y. Industries is a heavy fabrication and machining manufacturer based in Belgaum, India, established in 1974 as a partnership firm. The company manufactures industrial equipment and components for sugar plants, cement plants, steel plants, elevator components for Otis, and concrete pumps for Putzmeister.

Product overview

B.Y. Industries is a heavy fabrication and industrial equipment manufacturer offering a diversified portfolio of products and manufacturing services. The company's core offerings include Sugar Plant Machineries (Sugar Melter, Pug Mill, Magma Mixer), Cement Plant Components, Steel Plant Equipments (Rotary Kiln, Conveyor Roller), Elevators Components for Otis, Batching Plants for construction equipment, and Concrete Pump Components for Putzmeister. Additional products include Pressure & Storage Tanks, Lift Irrigation Equipments, Agriculture Implements, and Water Treatment Plants Equipment. The company also provides CNC Profile Cutting Jobs and General Fabrication services as part of its one-stop-solution approach for industrial product development requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Heavy fabricated industrial components

Quantifiable outcome

• Zero customer complaint
• +3 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Putzmeister Concrete Pump LtdcoreOEM/ Whitelabel/ Licensing PartnerMajor OEM customer for construction equipment. B.Y. Industries supplies batching plant equipment and concrete pump components to Putzmeister's Verna Goa facility. This partnership, established around 2010, represents significant business development as B.Y. developed new products specifically for Putzmeister.
• Otis Elevator CO. IndiacoreOEM/ Whitelabel/ Licensing PartnerLong-standing OEM supplier relationship since 2001 for elevator components including bed plates used for elevators traction machine. Components are batch produced and supplied continuously. This is one of the company's most established partnerships.
• Hitech EngineeringcoreChannel Partner/ Reseller/ DistributorHitech Engineering in Belgaum acts as a channel partner, distributing B.Y. Industries products alongside Otis Elevator CO. India supplies. Also serves as a sugar industry equipment supplier for Baramati operations.
• Suzlon Wind PowerminorStrategic or Co-development PartnerAdded as customer in 2009 for wind power equipment components. Represents diversification into renewable energy sector.
• Creintors Group of CompaniesminorStrategic or Co-development PartnerMajor customer for industrial equipment supply across various Creintors Group operations.

Scale indicators4 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Texmaco Rail & Engineering: Indian heavy engineering company with fabrication, steel structural, and industrial equipment capabilities serving infrastructure, industrial, and OEM customers. Comparable in business model (heavy fabrication for industrial customers) and end markets.
• Macons Equipments: Indian concrete batching plant and construction equipment manufacturer serving infrastructure and construction customers. Comparable to B.Y. Industries' construction equipment fabrication work and co-development with Putzmeister.
• Walchandnagar Industries: Indian heavy engineering and sugar/industrial machinery manufacturer headquartered in Maharashtra. Directly comparable as a maker of sugar processing equipment and other heavy industrial machinery for Indian sugar, cement, and infrastructure customers — overlapping with B.Y. Industries' core sugar and industrial fabrication verticals.
• ISGEC Heavy Engineering: Indian heavy engineering company manufacturing sugar plant machinery, process equipment, and fabricated industrial components. Closely matches B.Y. Industries' product mix (sugar plant equipment, pressure vessels, process equipment) and customer base (Indian sugar factories and OEMs).
• Shriram EPC: Indian EPC and fabrication company serving process industries, infrastructure, and industrial customers. Comparable business model of industrial fabrication and equipment supply to Indian process industry OEMs and operators.
• Ajax Engineering: Indian concrete equipment manufacturer producing batching plants, concrete mixers, and paving equipment. Directly comparable to B.Y. Industries' Batching Plant product line developed for Putzmeister and other construction equipment customers.

Broad incumbents

• BGR Energy Systems: Indian industrial equipment manufacturer serving power, process, and industrial customers with fabricated and engineered products. Comparable as a domestic heavy industrial fabricator though larger and more diversified than B.Y. Industries.
• Heavy Engineering Corporation (HEC): Public sector Indian heavy engineering manufacturer of industrial machinery, equipment, and fabricated components for steel, mining, and industrial customers. Overlaps with B.Y. Industries' steel and industrial fabrication work but at significantly larger scale and broader portfolio.
• Godrej & Boyce: Indian diversified manufacturer with industrial fabrication, precision engineering, and material handling capabilities. Comparable in CNC fabrication and OEM supply model, but operates at far larger scale across multiple business lines.
• Larsen & Toubro (L&T Heavy Engineering): India's largest heavy engineering and EPC conglomerate with fabrication and process equipment capabilities for industrial customers. Competes for similar OEM and EPC fabrication work as B.Y. Industries, though as part of a much larger, diversified portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks3 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/byindustries

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 B.Y. Industries