Revathi Equipment Ltd. engaged in the manufacturing and sales of drilling rigs and spares. The company is headquartered in Coimbatore, Tamil Nadu. The company went IPO on 2005-08-11. The firm operates in two segments: manufacturing of equipment and engineering, construction and design services. The company and markets blast hole drills (rotary and DTH, diesel/electric driven) for mining applications, jack less drills for construction and mining applications, water well drills (up to 1000 meters depth and beyond), hydro-fracturing units and exploratory drills (up to 1300 meters depth). Its drilling rigs are used in mines, such as coal, copper, gold, iron, zinc, phosphate, bauxite, lignite, and limestone. The firm offers maintenance and repair contracts, which enables them to outsource the maintenance of all their drilling equipment. The company provides spare supplies through dealer network and direct supplies. The company offers after-sales services, which includes condition-based monitoring and midlife rehabilitation.
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This company hasn't held an earnings call in the last six months, so there's no recent commentary from management. Our deep dives are built on what management actually said, so we haven't prepared one.