Leading Mid-Corporates of India 2023

58 | Leading Mid-Corporates of India 2023 [ PROFILE OF 2023 AWARD WINNERS - MID-CORPORATES ] www.thermopads.com Theme Based Category Management Details Best Exporter of the Year – Manufacturing N.K Ghurka Founder & Director Thermopads Private Limited About the Company: Thermopads is established in 1979 and based out of Hyderabad. Company is a leading manufacturer of heating pads that provides unique & advanced heating solutions for domestic, commercial, & industrial applications. Export Highlights: Company’s total revenue increased by 42% from ~ INR 194 crores in FY21 to INR 276 crores in FY22. Thermopads Pvt. Ltd. expanded its presence into the new regions of Vietnam and Israel. Europe (49%) and the Americas (45%) accounted for most of the company’s exports of flexible electric heaters in FY22. Business Highlights The net profit of the company grew by ~57% during FY22 with net profit margins of ~25% Exports accounted for about 88% of the total revenue and saw a growth of 40% in FY22 Dun & Bradstreet D-U-N-S® No 65-013-9819 www.roopauto.com Theme Based Category Management Details Diversity Champion of the Year Mohit Oswal Managing Director Roop Automotives Limited About the Company: Established in 1992, Roop Automotives is one of the leading manufacturer of steering yokes, joints, columns, gearbox housing and various types of shaft assemblies for both domestic and international OEMs, Tier I and Tier II suppliers. Workplace Diversity: Roop Auto employs people from various backgrounds, languages, and locations. They have team members from 23 states who speak 19+ languages, including sign language. Company employs over 350 women across all its locations. They have hired ~18 LGBTQI+ individuals and >25 PWDs across various job responsibilities. Business Highlights Company is focused on work place diversity with employment to people across background Company’s topline increased by ~56% while net profit grew by ~68% during FY22 Dun & Bradstreet D-U-N-S® No 86-217-3486 www.fosecoindia.com Theme Based Category Management Details Green Champion of the Year Prasad Chavare MD and CEO Foseco India Limited About the Company: Foseco India Ltd established in 1958, is a leading provider of foundry consumables and solutions for ferrous and non- ferrous industries. The company caters to various end-markets ranging from automotive, general engineering, valves, power, railways, etc. Green Initiatives & its impact: Company have Installed a 565kWp solar power generation plant. Company achieved a 14% increase in energy efficiency compared to 2021. In 2022, company achieved 51% reduction in overall CO 2 emissions and solid waste reduced by 45% compared to 2019 levels. The usage of recycled raw materials reached 13.1% in 2022. Business Highlights Company’s revenue increased by ~33% while net profit grew by ~111% in 2022 Company is focus on sustainability with focus on usage of renewable energy, reduced emission for waste and increased usage of recycled raw materials Dun & Bradstreet D-U-N-S® No 91-666-3065 Dun & Bradstreet