D&H India

What D&H India does

D&H India Limited (BSE: 517514) is a publicly listed Indian manufacturer of welding consumables, headquartered in Indore, Madhya Pradesh, with a registered office in Mumbai. Founded in 1985 and operating for 38 years, the company produces a comprehensive portfolio covering all major welding processes — SMAW/MMAW welding electrodes, MIG and TIG wires, flux cored wires, and submerged arc welding wires and fluxes — including sub-categories such as mild steel, stainless steel, hardfacing, and low hydrogen electrodes. Its specialty 'Low Heat Input Electrodes' are positioned for repair and maintenance welding applications requiring minimized heat input.

The company's products are certified under ISO 9000 series and approved by four major international classification societies — Lloyd's Register of Shipping (LRS), American Bureau of Shipping (ABS), Bureau Veritas (BV), and Det Norske Veritas (DNV) — enabling participation in marine, offshore, and shipping applications. Revenue is generated through a direct B2B sales-led motion, with a dedicated industrial sales team and a domestic distribution network serving 14 end-use verticals including construction and infrastructure, automotive and transportation, shipbuilding and marine, oil and gas, power, railways, mining, cement, sugar and distillery, heavy engineering fabrication, and agriculture.

For Q3 FY2025-26 (December 2025 quarter), D&H India reported consolidated sales of Rs 61.95 crore (+12.23% YoY) and consolidated net profit of Rs 2.43 crore (+43.79% YoY), with operating margin improving to 8.43% from 7.52%. The company is actively hiring for expansion, completed the acquisition of V & H Infra in December 2024, and maintains Rights Issue and Preferential Allotment instruments in its investor relations, indicating an ongoing capital and capacity build-out. As a publicly listed entity on BSE, it is subject to SEBI LODR disclosure requirements and standard corporate governance committees (Audit, Nomination & Remuneration, CSR).

Name

D&H India

Legal name

D & H India Limited

Website

https://dnhindia.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

101–250 employees

Short description

D&H India Limited is a publicly listed Indian manufacturer of welding consumables — electrodes, MIG/TIG wires, flux cored wires, and SAW wires/fluxes — serving industrial customers across construction, shipbuilding, oil & gas, automotive, mining, and power sectors from its Indore headquarters.

Ownership category

akta.pro rank

Product category

Welding Consumables Manufacturing

NAICS

Welding and Soldering Equipment Manufacturing (333992)

SIC

Miscellaneous Primary Metal Products (3390)

akta.pro primary industry

Welding, Joining & Soldering Equipment (Arc, Resistance, Friction, Brazing) (IMAHADAH)

Keywords

• Welding consumables
• Welding electrodes
• MIG welding wires
• TIG welding wires
• Flux cored wires

Headquarters

HQ city

Indore

HQ country

India

HQ region

Asia

Offices2 records

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. Welding Consumables Sales: Manufacturing and sale of welding electrodes, MIG wires, TIG wires, Flux Cored Wires, SAW wires and fluxes, and filler wires. Revenue generated through direct B2B sales to industrial customers across multiple sectors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

D & H India Limited manufactures and supplies a complete range of welding consumables including welding electrodes (mild steel, stainless steel, hardfacing, low hydrogen), MIG wires, TIG wires, flux cored wires, submerged arc welding (SAW) wires and fluxes, and specialty low heat input repair and maintenance electrodes. Products are sold directly to industrial customers in sectors such as construction, automotive, shipbuilding, oil & gas, manufacturing, power, railways, cement, mining and heavy engineering.

Product overview

D&H India Limited is a leading welding consumables manufacturer with 38 years of experience serving global markets. The company offers a comprehensive portfolio of welding products including SMAW/MMAW Welding Consumables, TIG Wires, MIG Wires, Flux Cored Wires, Submerged Arc Welding Wires and Fluxes, and a full range of Welding Electrodes (mild steel, stainless steel, hardfacing, low hydrogen). Their specialty offering includes performance-proven Low Heat Input Electrodes for repair and maintenance applications. The products are designed for industries including construction, automotive, shipbuilding, oil & gas, manufacturing, and heavy engineering.

Differentiator

Problem solved

Functional benefit

Brands

• Vinyal: Company logo brand name appearing on website branding materials

Products and services

• SMAW/MMAW Welding Consumables Shielded Metal Arc Welding (SMAW) and Manual Metal Arc Welding (MMAW) consumables designed for general fabrication, structural welding, and repair work across various industrial applications, offered to construction, manufacturing, and heavy engineering customers.
• TIG Wires Tungsten Inert Gas (TIG) welding wires engineered for precision welding applications requiring superior arc stability and aesthetically pleasing welds, supplied to industrial users needing high-quality welds on stainless steel, mild steel, and alloys.
• MIG Wires Metal Inert Gas (MIG) welding wires designed for high productivity welding with minimal spatter and consistent weld bead quality, supplied to automotive, manufacturing, and fabrication customers.
• Flux Cored Wires Flux cored welding wires offering high deposition rates and excellent weld penetration for heavy-duty industrial welding applications, used by fabrication, structural, and heavy engineering customers.
• Submerged Arc Welding Wires and Fluxes SAW wires and fluxes designed for high-volume welding operations with deep penetration and high welding speeds, supplied to heavy fabrication, boiler, pressure vessel, and structural steel manufacturers.
• Welding Electrodes Comprehensive range of welding electrodes including mild steel, stainless steel, hardfacing, and low hydrogen variants for diverse industrial welding needs across general fabrication, corrosion-resistant applications, and critical high-integrity welds.
• Low Heat Input / Repair and Maintenance Electrodes Performance-proven specialty repair and maintenance electrodes designed to minimize heat input during welding, reducing distortion and metallurgical changes in the base metal, targeted at industrial maintenance and repair operations.

Quantifiable outcome

• 43.79% increase in consolidated net profit for Q3 FY2025-26 compared to previous year period
• +2 more outcomes

Segments14 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• Lloyd's Register of Shipping (LRS)coreOthersLloyd's Register of Shipping provides product certification for D&H India welding consumables, enabling the company to serve marine and offshore applications. LRS is a global engineering and technical services organization providing classification, compliance, and risk management services for the maritime and energy industries.
• American Bureau of Shipping (ABS)coreOthersAmerican Bureau of Shipping provides product certification for D&H India welding electrodes and wires, allowing their use in maritime construction and repair. ABS is a leading classification society serving the maritime and offshore industries globally.
• Bureau Veritas (BV)coreOthersBureau Veritas certifies D&H India welding products for use in marine and industrial applications. BV is a world-leading testing, inspection, and certification company serving multiple industries including marine and offshore.
• Det Norske Veritas (DNV)coreOthersDet Norske Veritas provides product certification for D&H India welding consumables for offshore and maritime applications. DNV is a global quality assurance and risk management company primarily serving the energy, maritime, and healthcare industries.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• voestalpine Böhler Welding: European welding consumables specialist (formerly Böhler Welding) under voestalpine. Offers comprehensive electrodes, wires, and fluxes for industrial and marine applications, comparable to D&H India's full consumables portfolio.
• ESAB Corporation: Major global manufacturer of welding consumables (electrodes, wires, fluxes) and equipment. Comparable product mix to D&H India, with strong marine/offshore certifications and a significant India presence.
• Illinois Tool Works (ITW): Diversified industrial conglomerate with welding-related businesses. Overlaps with D&H India in industrial consumables and welding-related products, though welding is a small portion of ITW's broader portfolio.
• Lincoln Electric Holdings: Global leader in welding products including consumables (electrodes, wires, fluxes) and equipment. Directly comparable to D&H India's core product portfolio, but operates at vastly greater scale across global markets including India.
• Panasonic Welding Systems: Welding equipment and consumables division of Panasonic. Comparable product mix including MIG/TIG wires and electrodes for automotive and industrial applications.
• DAIHEN Corporation: Japanese manufacturer of welding equipment and consumables (OTC brand). Comparable in offering welding power sources, electrodes, and wires for industrial applications including heavy engineering and shipbuilding.
• Kobe Steel (Kobelco Welding): Japanese manufacturer of welding consumables and equipment under Kobelco brand. Comparable consumables portfolio serving automotive, shipbuilding, and heavy industrial segments globally.

Emerging players

• Fronius International: Austrian welding technology specialist with growing consumables business alongside equipment. Comparable focus on premium welding solutions across industrial segments.

Direct peers

• Ador Welding: India's largest welding consumables and equipment manufacturer and most direct domestic competitor. Operates in similar verticals (construction, automotive, oil & gas, shipbuilding) with comparable product range including SMAW, MIG, TIG consumables.

Regional players

• Superon Schweisstechnik: India-based welding consumables manufacturer with similar product offering (electrodes, wires, fluxes). Competes with D&H India primarily in domestic Indian market segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dnhindialimited
• YouTubeyoutube.com/@dnhindialimited
• Facebookfacebook.com/dnhindialimited
• LinkedInlinkedin.com/company/dnhindialimited
• Instagraminstagram.com/dnhindialimited

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about D&H India