MR Organisation Acquires 51% Stake in Madhura Compressors

14 May 2025 CW Team

SAT Industries is pleased to announce that its subsidiary, MR Organisation , has acquired 51 per cent stake in Madhura Compressors, a specialised manufacturer and service provider of centrifugal compressors and related high-precision components. Its product offerings include intercoolers, after coolers, oil coolers, replacement coolers, and other critical components such as impellers, diffusers, heat exchangers, PLC panels, and gears. It also offers energy- saving audits, aftermarket solutions, and customized services to clients across steel, power, pulp C paper, textiles, and automotive sectors.

With revenues of Rs 130.13 million in FY 25 with high EBITDA margins, Madhura brings strong technical capabilities, energy audit services, and a robust clientele of over 90+ corporate and prestigious entities, including Tata Steel, Jindal, JSW Steel C Energy, Bosch, and Godrej in India and international market.

This acquisition marks a strategic expansion of MR Organisation’s compressor business. It enhances our portfolio by expanding centrifugal compressor technology, unlocking cross-selling opportunities, and deepening presence in the aftermarket and global compressor service industry.

With a legacy spanning over 25 years, Madhura has established itself as a trusted name in the steel, power, pulp C paper, and public sector markets. The company is led by Bapu Kadam, an industry veteran with 38+ years of experience in the compressed air industry.

Mayur Kamdar (Managing Director – MR Organisation) said, “This acquisition reffects our long- term vision to scale and integrate the compressor value chain under MR Organisation. This business adds strong technical depth, a high-margin product line, and long-standing customer trust. It perfectly complements our existing compressor offerings. We are confident that this strategic acquisition will unlock cross-selling synergies and accelerate our aftermarket expansion globally.”

Real Estate

30 Jul 2026

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..

Twin Tracks

Digital-twin adoption in India’s rail sector is gradually making its presence felt across asset management, infrastructure planning, predictive maintenance, construction monitoring and operator training.While large-scale deployments of digital twins are still evolving, Nipun Dumpala, a Senior Technical Lead specialising in digital twins, synthetic data, simulation and mixed reality technologies, points out that several organisations are exploring BIM-integrated digital twins, IoT-enabled monitoring, AI-based analytics and simulation platforms to improve operational efficiency and reduce life..