SEDL eyes over ₹800 crore revenue

Spray Engineering Devices Limited (SEDL), which closed financial year 2024-2025 at ₹ 461 crore, is eyeing over ₹ 800 crore in revenue in the current fiscal.

For the company, which provides technological solutions for the water, sugar, jaggery, sugar refinery, and biofuel industries, almost 75 % of the revenue currently comes from domestic sales and the rest from international markets/exports. “However, we are eyeing some major foreign contracts in FY’26 and FY’27,” said Vivek Verma, Managing Director.

SEDL recently signed an MoU with the Republic of Burundi for establishing a 1,000 TCD (tonnes crushed per day) sugarcane processing plant in the East African nation.