Sika Interplant Systems Ltd Share Price

Sika Interplant Systems Limited, incorporated in 1985, is focused in 4 main areas such as engineering (design and development); manufacturing, assembly and testing; projects and systems integration; and maintenance, repair and overhaul (MRO). The majority of the Company's business is serving to the Aerospace, Defence & Space (AD&S) and Automotive sectors. Under the long gestation periods, SIKA makes a combination of one or more of design, fabrication, development, manufacturing, assembly, testing, certification, supply and integration of systems, and implementation of the projects. In addition, the Company has set up facilities to provide MRO for its own products and, with the backing of its customers, with foreign partners to provide MRO services for their AD&S products in India. Company is one of the select private enterprises to have held design approval from the Center for Military Airworthiness and Certification (CEMILAC) continuously from 1999 through 2020, when the issue of such approvals was discontinued. SIKA has also been granted an Industrial License for Defence production from the Government of India, which enables it to undertake these projects and also qualifies the Company for offset programs. The Company in 2022-23 has maintained its AS9100 certification, which is a widely adopted and standardised quality management system for the aerospace industry globally. Additionally, it holds approval from the Directorate General of Aeronautical Quality Assurance (DGAQA). In recent years Company has been focused on building advanced facilities to expand its operational base with the fast-paced development of the AD&S sector in India, and SIKA is well positioned to meet the requirements of both potential international partners and domestic projects. Within the automotive sector, Company undertake projects to supply critical capital equipment to the major automobile manufacturers across the country.