HD Fire Protect Limited IPO

The Company develops a majority of its products in-house and focuses on proprietary designs meeting national and international standards. It has over three decades of experience and has established a global presence, with exports to more than 90 countries since inception and 49 countries during the three months ended June 30, 2026.

Product Portfolio

The Company offers a comprehensive portfolio across eight product categories, including:

• Sprinklers
• Alarm valves and accessories
• Deluge valves and systems
• Foam equipment and suppression systems
• Monitors and nozzles
• Water spray nozzles
• Custom-engineered systems
• Gas suppression systems

Its products cater to industrial, residential, and commercial applications, including oil and gas, refining and petrochemicals, power and energy, heavy engineering, aerospace, pharmaceuticals, data centres, hospitality, healthcare, and other sectors.

Certifications & Firsts

HD Fire Protect was the first Indian fire protection equipment manufacturer to receive UL Listing for deluge valves in 1996 and the first Indian manufacturer to receive FM approval for a range of low-expansion foam system products.

As of September 2026, it had 21 UL Listed and 87 FM Approved product certifications.

Manufacturing Facilities

The Company operates two manufacturing facilities in Jalgaon and Thane, Maharashtra, covering approximately 8.50 acres, supported by a fire test laboratory and R&D capabilities.

Customer Base & Key Projects

The Company has supplied fire protection equipment and systems to 2,066 customers in Fiscal 2026.

Notable projects include:

• Samruddhi Mahamarg
• Jamnagar refinery
• New Indian Parliament building
• Saudi Aramco’s Ras Tanura Sea Island site
• Oman’s Integrated Power & Water Plant Project

Financial Snapshot

Revenue from operations increased from ₹3,729.53 million in Fiscal 2024 to ₹4,892.81 million in Fiscal 2026, representing a CAGR of 14.54%.

Its order book stood at ₹1,586.01 million as of June 30, 2026.

Workforce

As of June 30, 2026, the Company had 279 permanent employees and 253 contractual employees.

Competitive Strengths

• Strong product certification and quality track record
• Advanced design, manufacturing and R&D capabilities
• Experienced management team and qualified personnel
• Comprehensive fire protection equipment and systems portfolio
• Track record of profitability and consistent financial performance
• Strong and diversified customer base with long-standing global relationships
• Well-established global presence in a certification-driven, high-barrier industry