Archive · 24 Jul 2026
JM Frictech India targets 20% revenue growth in FY27
JM Frictech India is a company that makes parts for tractors and other big vehicles.
They want to make 20% more money next year.
They sell parts to big companies like Mahindra and John Deere.
They make a lot of brake parts and are the biggest maker of a special kind of brake in India.
They are building a new factory in Chandigarh to make more parts.
Most of their money comes from selling to tractor companies.
JM Frictech India aims for 20% revenue growth in FY27.
Major customers include TAFE, John Deere, and Mahindra.
Company holds 75% market share in wet brake assemblies.
New ₹35 crore plant to be inaugurated in Chandigarh by March 2027.
Agricultural machinery contributes 75% of the company’s revenue.
- Who
- JM Frictech India (JMI)
- What
- Targeting 20% revenue growth in FY27
- When
- FY27
- Where
- Chennai and Chandigarh
- Why
- Driven by sustained growth in the tractor industry
Growth Strategy
Market Leadership
Revenue Growth
Growth Strategy
The company aims to achieve a 20% increase in revenue in FY27, driven by the tractor industry.
Market Leadership
The company's market leadership in wet brake assemblies and high production volume of friction discs supports this growth.
- Founded
- 2008
- Revenue FY26
- ₹520 crore
- Target Revenue Growth FY27
- 20%
- Major Customers
- TAFE, John Deere, AGCO, Mahindra, Swaraj, CNH Industrial, Caterpillar, JCB, Escorts Kubota, Sonalika, VECV, Tata Motors
- Market Share
- 75% in wet brake assemblies
- Annual Production
- 12 million friction discs
- New Plant Location
- Chandigarh
- New Plant Investment
- ₹35 crore