Sealmatic India’s shares rose 1.09% to Rs 585 following the incorporation of SealTech Seals Repairs and Maintenance L.L.C (SealTech LLC), a joint venture with High Technology FZ-LLC (HiTech). This 50:50 collaboration marks a major milestone for Sealmatic, as it expands its presence in the United Arab Emirates (UAE) to address the growing demand for mechanical seals. The newly established entity will set up a dedicated service center in Abu Dhabi, situated in the Musaffah Industrial Area. The facility will be equipped with advanced machinery and technology to deliver world-class services to customers.

SealTech LLC has already obtained the Abu Dhabi Economic License, enabling operations to begin seamlessly. Two experienced professionals from Sealmatic India will be transferred to Abu Dhabi to initiate the setup and operations of the service center. This strategic move aims to cater to the needs of key clients such as ADNOC, as well as original equipment manufacturers (OEMs) like KSB, Sulzer, Sundyne, Ebara, and RuhrPumpen. Additionally, major engineering, procurement, and construction (EPC) firms like PEG, Saipem, Maire Tecnimont, Worley, and Wood Group will benefit from the tailored services offered by SealTech LLC.

Samir Mullaji, Vice President of Business Development at Sealmatic India, highlighted the significance of this development, stating, “The launch of SealTech LLC is a pivotal step in our journey to deliver exceptional value to customers. By establishing this service center, we can respond to customer needs faster and more precisely, offering 24/7 support with high availability throughout the year. Being physically connected to the action strengthens our ability to serve our clients effectively.”

SealTech LLC is dedicated to offering customized solutions that meet the distinct requirements of its customers, solidifying its position as a trusted partner in the region. The company aims to capture a significant share of the $60 million UAE mechanical seals market, leveraging its local presence and expertise.

Sealmatic India is a leading designer and manufacturer of mechanical seals and related products. It offers a comprehensive range of engineered mechanical seals and sealing support systems, catering to customers across the globe. The establishment of SealTech LLC aligns with Sealmatic’s commitment to innovation, quality, and customer satisfaction.

On the financial front, Sealmatic India reported a consolidated net profit of Rs 6.46 crore in H1 FY25, a 2% decline compared to Rs 6.59 crore in H1 FY24. However, the company achieved an 18.7% year-on-year increase in net sales, which rose to Rs 43.93 crore in H1 FY25.

The creation of SealTech LLC represents a significant step in Sealmatic’s growth strategy, reinforcing its position in the Middle East market and paving the way for long-term success.