Holmarc Opto-Mechatronics has established expertise and proficiency across various engineering and scientific domains, spanning from initial concept to production. Their broad capabilities include mechanics, optics, embedded systems, thin film metrology, spectroscopy, and microscopy, covering both design and manufacturing aspects.
In addition to design and development, they undertake the development of manufacturing processes for many of their products.
Situated in Kerala, their manufacturing facility has all the latest machinery, covering an area of approximately 29,984 square feet. It is equipped with the necessary machinery, equipment, and instruments to produce various products.
The company has an impressive track record, having developed over 800 products with standard specifications and many customized solutions. Their product range spans various categories, including imaging instruments, measuring instruments, spectroscopy, analytical instruments, lab instruments, physics lab instruments, breadboard/table tops, optomechanics, optics, linear and rotation stages, motorized linear and rotation stages, industrial automation, and more.
To ensure quality and precision, the company has established an in-house manufacturing facility dedicated to optical components such as lenses, prisms, mirrors, beam splitters, ND filters, waveplates, and other components required for their renowned Holmarc-branded optical instruments.
Holmarc Opto-Mechatronics is currently involved in various legal proceedings.
The company faces a potential risk wherein its products could become obsolete due to technological advancements.
The company heavily relies on certain suppliers for the timely supply of raw materials. Failure on their part to meet requirements may harm the business. Procurement challenges regarding raw materials and components could significantly impact the company's business, financial condition, and results.
The company has entered into a Technical Collaboration Agreement for technology transfer. The potential termination or unfavorable renewal terms of this agreement could have a material adverse effect on the company's business.
The company typically conducts business with customers through purchase orders rather than long-term contracts.
Having a single manufacturing facility located in Kerala, India, makes the company susceptible to local disruptions such as social unrest, natural disasters, and utility breakdowns.
The company has experienced negative cash flow in recent years and might continue to do so in the future.
The company has certain contingent liabilities, the realization of which may affect its financial condition and operational results.
In 2023, 2022, and 2021, international operations contributed 16.13%, 14.56%, and 17.71%, respectively, to total revenue. The company is exposed to risks stemming from fluctuations in foreign exchange rates.
The company has secured loans with its book debts and stocks, with a total outstanding and payable amount of Rs. 132.41 lakhs as of March 31, 2023.