About HD Fire Protect Limited Updated: October 9, 2026 Established in April 1997, HD Fire Protect Limited is an Indian manufacturer and supplier of fire protection equipment and systems, specializing in water-based, foam-based and gas-based fire suppression solutions. With nearly three decades of industry experience, the company has developed a diversified product portfolio, a strong international presence and advanced manufacturing capabilities. Business Overview HD Fire Protect offers a comprehensive range of fire protection products across eight major categories: 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 The company's products serve a wide range of industrial, commercial and residential applications, including oil and gas, refineries, petrochemicals, power generation, heavy engineering, aerospace, pharmaceuticals, data centres, hospitality and healthcare. A significant portion of its product portfolio is developed in-house, with a strong emphasis on proprietary designs, technological innovation and compliance with national and international safety standards. Global Presence and Certifications HD Fire Protect has established a strong international footprint, exporting its products to more than 90 countries since inception, including 49 countries during the quarter ended June 30, 2026. The company has achieved several important milestones in the fire protection industry. It became the first Indian fire protection equipment manufacturer to obtain UL Listing for deluge valves in 1996 and the first Indian manufacturer to secure FM Approval for a range of low-expansion foam system products. As of September 2026, the company held: 21 UL Listed product certifications 87 FM Approved product certifications These certifications demonstrate its focus on product quality, safety, reliability and compliance with internationally recognized standards. Manufacturing and R&D Capabilities The company operates two manufacturing facilities located in Jalgaon and Thane, Maharashtra, covering a combined area of approximately 8.50 acres. Its manufacturing infrastructure is supported by an in-house fire testing laboratory, research and development capabilities, and engineering expertise. These facilities enable the company to design, develop, manufacture and test specialized fire protection equipment for domestic and international markets. Customer Base and Major Projects HD Fire Protect serves a diversified customer base across multiple industries and geographical markets. During FY2026, the company supplied fire protection equipment and systems to 2,066 customers. Its products have been supplied for several prominent infrastructure and industrial projects, including: Samruddhi Mahamarg, Maharashtra Jamnagar Refinery, India New Indian Parliament Building Saudi Aramco's Ras Tanura Sea Island site Integrated Power & Water Plant Project, Oman These project references highlight the company's experience in supplying fire protection solutions for large-scale infrastructure, energy and industrial developments. Financial Performance and Order Book HD Fire Protect has demonstrated consistent revenue growth, supported by its diversified product portfolio and domestic and international operations. Revenue from operations increased from ₹372.95 crore in FY2024 to ₹489.28 crore in FY2026, representing a compound annual growth rate (CAGR) of approximately 14.54%. As of June 30, 2026, the company reported an order book of ₹158.60 crore, providing visibility into its outstanding customer orders. Workforce and Human Resources As of June 30, 2026, HD Fire Protect employed a total workforce of 532 personnel, comprising: 279 permanent employees 253 contractual employees The company's workforce supports its manufacturing operations, product development, engineering, quality assurance and business activities. Competitive Strengths 1. Strong Product Certifications and Quality Standards The company benefits from internationally recognized UL Listings and FM Approvals, supporting its credibility in a highly regulated and certification-driven industry. 2. Advanced Manufacturing and R&D Capabilities Integrated manufacturing facilities, proprietary product development, testing infrastructure and engineering expertise support product innovation and quality control. 3. Diversified Product Portfolio Its extensive range of fire protection equipment and systems enables the company to address the requirements of multiple industries and applications. 4. Established Global Presence Exports to more than 90 countries since inception demonstrate the company's international reach and ability to serve customers across diverse markets. 5. Strong and Diversified Customer Base Long-standing customer relationships and experience in major industrial and infrastructure projects strengthen the company's market position. 6. Consistent Financial Performance Revenue growth and a track record of profitability reflect the company's established operations and business performance. 7. Experienced Management and Skilled Workforce An experienced leadership team, qualified technical personnel and specialized engineering capabilities support operational efficiency and business development. 8. Presence in a High-Entry-Barrier Industry Strict safety standards, technical requirements, product certifications and testing procedures create significant barriers to entry in the fire protection equipment industry. Conclusion HD Fire Protect Limited is an established Indian fire protection equipment manufacturer with a diversified product portfolio, internationally recognized certifications, in-house engineering capabilities and a presence across global markets. Its nearly three decades of operating experience, growing revenue, diversified customer base and participation in major infrastructure projects position the company within the specialized fire safety equipment industry. However, prospective investors should also evaluate the company's profitability, valuation, competitive landscape, customer concentration, working capital requirements and other risk factors before making an investment decision. Disclaimer: This company overview is intended solely for educational and informational purposes and does not constitute an investment recommendation. Investors should review the company's Red Herring Prospectus (RHP) and consult a qualified financial adviser before making investment decisions.