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Trades about 6% below its sector, cheaper than its peers on earnings.
Established in Chennai, India, in 1974, Thejo Engineering Limited develops, manufactures, markets, and provides services for industrial products primarily based on rubber and polyurethane. These specialized engineering solutions are vital for bulk material handling systems, mineral processing operations, and corrosion protection across both domestic and international markets. The company operates through distinct Manufacturing Units, Service Units, and additional business segments. Its extensive product portfolio includes comprehensive conveyor care systems, such as belt splicing and repair compounds, vulcanizing machinery, pulley protective coverings, and associated tools and handling equipment. Thejo also provides transfer point innovations like belt cleaners, trackers, impact cushioning pads, skirt sealing mechanisms, and custom-engineered chutes, along with supporting services. For enhancing material flow, offerings include high-pressure fogging systems for dust suppression and air blasters (G force, BAZOOKA) for flow promotion. The company's abrasion and wear protection solutions encompass mill liners, bulk flow chutes, wear-resistant panels and sheetings, pump components, rubber hoses and fittings, and rubber-lined pipes. Furthermore, Thejo supplies diverse screening media and services for scalping, sizing, dewatering, flip flow, trommels, and grators. Filtration products and services extend to spares made from rubber, engineered plastic, and metal. In corrosion protection, they offer rubber sheetings, primers, adhesives, repair putties, expansion joints, bellows, and PTFE linings, supplemented by fabrication and lining services. A range of specialty products is also available. Beyond product provision, Thejo delivers crucial installation, operational support, and maintenance services for conveyor belts and allied equipment, alongside executing complex projects. The company caters to a broad spectrum of industries, including mining, mineral processing, aggregates, sand and gravel, power generation, metals, chemical and fertilizer production, cement, paper and pulp, food and grain, as well as ports and terminals.
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