Kale Group of Industries

What Kale Group of Industries does

Kale Group of Industries is a privately held, family-owned Indian manufacturer founded in 1996 and headquartered in Aurangabad, Maharashtra. Originally incorporated as Elegant Coatings Pvt. Ltd. as a single powder-coating plant, the group has expanded through backward integration and now operates 11 pan-India manufacturing and warehousing locations serving 45+ customers across the home appliance, HVAC, and electrical sectors. Family leadership includes Managing Director Ashok P Kale, Directors Kalpana A Kale and Ankit A Kale, and Corporate HR Head Nidhi A Kale, with operational leadership professionalized by outside hires in recent years (Director M.P. Sharma, ex-Varroc, joined 2021; GM Air Conditioners Manoj Patni, joined 2023).

The group's core competency is metal-forming and finishing for refrigeration and air conditioning components — primarily roll bond evaporators (where management claims 80%+ Indian market share), fin evaporators, filter dryers, suction assemblies, condenser coils, copper parts, aluminum tubes, and pressed sheet metal components. In-house capabilities span powder coating, TIG/spot/resistance welding, turret punching, stamping, and assembly. The group also operates a NABL-accredited 5TR psychrometric laboratory — the only one in the Marathwada region providing BEE star energy ratings — and in 2022 made a strategic decision to move into complete air conditioner manufacturing, supported by in-house condenser coil and AC assembly lines. Additional offerings include the trisã air-source heat pump, water chillers, radiators, and a metal flush box / distribution box range for electrical customers such as Legrand and ABB.

Revenue is generated primarily through B2B direct supply contracts with major OEMs on a quote-based pricing model, anchored on just-in-time delivery from facilities co-located near customer plants. Customers include Samsung, LG, Whirlpool, Godrej, Haier, Voltas, Blue Star, Liebherr, Panasonic, BSH, Voltas Beko, Legrand, and ABB. Secondary revenue streams include third-party NABL-accredited AC testing services for BEE ratings and branded H-VAC finished products. The group is family-controlled with no disclosed institutional investment.

Name

Kale Group of Industries

Legal name

Kale Group of Industries

Website

https://kalegroup.co.in

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

Kale Group of Industries is a family-owned Indian B2B manufacturer founded in 1996, producing roll bond evaporators, fin evaporators, pressed metal components, and complete air conditioners for major home appliance and HVAC OEMs from 11 pan-India facilities.

Ownership category

akta.pro rank

Product category

HVAC and Refrigeration Component Manufacturing

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Major Household Appliance Manufacturing (33522)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)

akta.pro secondary industry

Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG)

Keywords

• HVAC components manufacturing
• Roll bond evaporators
• Refrigeration parts OEM
• Air conditioning sub-assemblies
• Electrical metal enclosures

Headquarters

HQ city

Chhatrapati Sambhaji Nagar

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Component Manufacturing: Manufacture and supply of components for refrigeration (roll bond evaporators, fin evaporators, filter driers, suction assemblies, discharge coils, copper parts, aluminum tubes, press components), air conditioning (ODU, IDU, condenser coils, fans, grills, connecting kits), and electrical products (metal flush boxes, distribution boxes). Revenue generated through long-term supply contracts with major home appliance manufacturers.
2. Finished Product Sales: Sale of finished products including trisã heat pumps and water chillers for heating and cooling applications.
3. Testing Services: NABL accredited psychrometric testing services for air conditioners providing BEE star energy ratings to third-party customers.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

Kale Group of Industries manufactures and supplies OEM components for home appliance and HVAC manufacturers across three main verticals: refrigeration components (roll bond evaporators, fin evaporators, filter dryers, suction assemblies, discharge coils, aluminum tubes), air conditioning sub-assemblies (ODU, IDU, condenser coils, copper parts, fans, grills, connecting kits), and electrical enclosures (metal flush boxes, surface boxes, distribution boxes). The company also sells finished H-VAC products under the trisã brand (heat pumps, water chillers, radiators) and operates a NABL accredited 5TR psychrometric lab for BEE star energy ratings. The group is transitioning into complete air conditioner manufacturing from component supply.

Product overview

Kale Group of Industries is a manufacturing company operating from 11 locations pan India, commenced in 1996. The company operates as an import substitute champion in the home appliances and electrical industry. Its product portfolio spans four main verticals: (1) Refrigeration components including Roll Bond Evaporators, Fin Evaporators, Filter Dryers, Suction Assemblies, Discharge Coils, Aluminum Coils, Joints, and Press Parts; (2) Air Conditioning products including Outdoor Units, Indoor Units, Condenser Coils, Copper Parts, Fans, Grills, Connecting Kits, and Press Parts; (3) H-VAC Systems including trisã Heat Pump, Water Chiller, and Radiators; and (4) Electrical products including Metal Flush Boxes, Surface Boxes, and Distribution Boxes. Additionally, the company offers NABL accredited psychrometric lab testing services for BEE star energy ratings. The company has expanded from component manufacturing to complete product manufacturing (air conditioners).

Differentiator

Problem solved

Functional benefit

Brands

• trisã: Air source heat pump water heater brand offering energy-efficient hot water solutions for domestic, commercial, and industrial applications.

Products and services

• Roll Bond Evaporators Single entry and double entry roll bond evaporators with powder coating thickness of 60-80 microns, used in refrigeration applications for heat exchange. Supplied to major home appliance manufacturers.
• Fin Evaporators Split type and continuous type fin evaporators for refrigeration systems. Supplied to Samsung Electronics Chennai via dedicated plant.
• Filter Dryers Filter dryers for direct cooling, frost free, and deep freezer applications with diameter range 16mm-18mm and thickness 0.6mm.
• Suction Assembly (Cu-Al) Copper-aluminum suction assemblies for direct cooling, frost free, and deep freezer refrigeration systems.
• Discharge Coils Powder coated discharge coils with heat shrink sleeve applied, including charging tubes and connectors.
• Aluminum Coil Aluminum coils for refrigeration with diameter range 4.76mm to 9.52mm and customizable thickness.
• Refrigeration Press Parts Sheet metal press components in painted and unpainted variants for refrigeration applications.
• Outdoor Unit (ODU) Complete outdoor unit assemblies for air conditioners with capacity ranging from 1T to 5T.
• Indoor Unit (IDU) Complete indoor unit assemblies for air conditioners with capacity of 1T, 1.5T, and 2T.
• Condenser Coils Condenser coils available in bare, blue, and gold fins with 5mm, 7mm, and 9.52mm configurations.
• Air Conditioning Copper Parts Header assemblies, manifolds, U and C type return bends for air conditioning systems.
• AC Fan Fans made from San20 material with diameters of 350mm and 440mm for air conditioner outdoor units.
• AC Grill PPTF 20% material grills in box type and wave type designs for air conditioners.
• AC Connecting Kit Connecting kits for air conditioner installation.
• trisã Heat Pump Air source heat pump water heater for economical and sustainable heating, providing hot water with lower running costs compared to traditional geyser systems. Used in coating plants, hospitals, housing societies, hotels, and apartments.
• Water Chiller Water chillers providing fresh, running cold drinking water as a single point distribution solution with low running costs and negligible maintenance. Used in Middle East for domestic cool water applications.
• Radiators Coolant-based, air-cooled radiators for process applications requiring specific temperature requirements.
• Metal Flush Boxes Metal flush boxes in sizes 1M, 3M, 4M, 6M, 8M, 12M, 16M with powder coating, supplied to Legrand.
• Surface Boxes Surface boxes with powder coating for electrical installations.
• Distribution Boxes Standard boxes (SPN, TPN) and non-standard project-based distribution boxes for electrical installations.
• 5TR NABL Psychrometric Lab Testing Services NABL accredited psychrometric laboratory for energy testing of air conditioners providing BEE star energy ratings for Window, Split (fixed and inverter), and Commercial/Cassette air conditioners. The only lab in Marathwada region.

Quantifiable outcome

• 80%+ market share in roll bond evaporators
• +3 more outcomes

Named customers17 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators6 records

Recent moves21 records

Expansion highlights6 records

Direct peers

• Subros Limited: India's largest manufacturer of thermal and air-conditioning systems for automotive and appliance OEMs. Closest comparable to Kale Group's roll-bond evaporator, condenser coil, and AC system businesses; also a JN-co-located supplier to OEMs in India.
• Endurance Technologies Limited: Indian auto component major with a large aluminium die-casting and HVAC components business that supplies OEMs with heat exchangers, evaporators, and similar thermal products - directly overlapping Kale Group's evaporators and condenser coils.
• Suprajit Engineering Limited: Large Indian supplier of cables and control products with growing HVAC and appliance segment exposure - comparable as a multi-vertical B2B component manufacturer serving appliance OEMs with multiple component SKUs across India.
• Minda Corporation Limited: Indian auto component conglomerate with a thermal and HVAC division producing evaporators, condensers and HVAC components for two-wheeler, four-wheeler and appliance customers - broadly comparable in component breadth to Kale Group.

Broad incumbents

• Voltas Limited: One of India's leading AC and refrigeration brands, also a Kale customer - comparable as a complete AC manufacturer serving the Indian market, with brand equity Kale is now beginning to build against.
• Carrier Midea India: Joint venture of Carrier and Midea manufacturing ACs in India with in-house component capabilities - relevant as an AC-major competitor now sourcing components, including competitively, from Indian suppliers like Kale.
• Daikin Air-conditioning India: India arm of global AC major with internal component manufacturing capability, including evaporators and coils at its Neemrana plant - relevant broad incumbent comparable given Kale's March-2022 entry into complete AC manufacturing.
• Blue Star Limited: Major Indian AC, refrigeration and HVAC systems manufacturer and a Kale customer - relevant broad incumbent comparable as a complete AC/HVAC player across commercial and residential segments.
• Whirlpool of India Limited: Major home appliance manufacturer that operates Indian refrigerator and washer plants supplied by Kale - comparable on the finished-appliance demand side and as a potential downstream integrator for similar component categories.

Emerging players

• Modine Manufacturing Company: US-based thermal management specialist making coils, heat exchangers, and refrigerant components for HVAC, refrigeration and commercial vehicle markets - comparable as a global thermal-component specialist Kale could expand against or partner with for technology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/kalegroup.co.in
• LinkedInlinkedin.com/company/kalegroup-of-industries

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Kale Group of Industries