+
MR Organisation Acquires 51% Stake in Madhura Compressors
ECONOMY & POLICY

MR Organisation Acquires 51% Stake in Madhura Compressors

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.”


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.”

Next Story
Infrastructure Transport

Work Begins on Rs 6.5 Billion Goregaon-Mulund Link Road Tunnels

Work on the twin tunnels of the ambitious Rs 6.5 billion Goregaon-Mulund Link Road (GMLR) project is set to commence next month. Several trailers carrying components of the Tunnel Boring Machine (TBM) intended for excavating the tunnels have arrived in Mumbai from Japan. The final shipment of the first TBM parts is expected next month, paving the way for construction to begin.Phase 3(B) of the GMLR project will develop a 6.65-kilometre corridor, including a 1.22-kilometre triple-lane box tunnel at Film City and twin tunnels beneath Sanjay Gandhi National Park (SGNP).The tunnels will start at F..

Next Story
Infrastructure Transport

New High-Speed Corridor to Cut Delhi-Gurugram Travel Time

Fed up with long traffic jams between Delhi and Gurugram? Relief may be near as plans for a new high-speed corridor are underway, set to drastically reduce travel time between the two cities. What currently takes over an hour on congested routes such as NH-48 or MG Road could soon be shortened to just 25 to 30 minutes.A direct link originating from either Gyarah Murti or Talkatora Stadium to Gurugram is being explored as part of two key proposals designed to ease traffic congestion in Lutyens’ Delhi and Central Delhi, according to government sources.The concept was discussed at a meeting in ..

Next Story
Infrastructure Transport

Vertis Raises Rs 9 billion via SLB, Sets InvIT Benchmark

Vertis Infrastructure Trust (formerly Highways Infrastructure Trust), a SEBI-registered Infrastructure Investment Trust (InvIT), has raised Rs 9 billion through a Sustainability-Linked Bond (SLB), the largest such issuance by an Indian InvIT to date. The 10-year fixed-rate bond, priced at 7.40 per cent, was anchored by the International Finance Corporation (IFC) with an investment of Rs 4.5 billion. This landmark issuance underlines growing global confidence in India’s ESG-focused infrastructure financing landscape. The SLB features predefined sustainability performance targets, linking..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?