Roots Multiclean Unlisted Share

About The Company

Roots Multiclean Ltd. is a global leader in mechanized cleaning equipment since 1992. Initially focusing on push sweepers, the company now offers a wide range of sophisticated cleaning machines, including scrubbers, high-pressure washers, and industrial vacuum cleaners.

With a presence in 36 countries, Roots Multiclean Ltd. has developed long-term partnerships with over 35,000 active customers across various sectors like manufacturing, railways, defence, pharmaceuticals, and automobile industries.

Awards:

Their commitment to providing high-quality cleaning solutions has earned them the prestigious EEPC award from the Indian Government six times in a row since 2011, highlighting their dedication to innovation, quality, and customer satisfaction.

Products

Roots Multiclean Limited offers a diverse range of cleaning solutions designed for numerous industrial, commercial, and domestic settings including:

1. Sweeping Machines
2. Scrubber Driers
3. Commercial Vacuum Cleaners
4. High-Pressure Jets
5. Carpet Cleaners
6. Steam Cleaners
7. Janitorial Solutions
8. Detergents & Pads

Financial Highlights

Roots Multiclean Ltd. experienced a robust growth trajectory with a Compound Annual Growth Rate (CAGR) of 9.89% for its revenue and 6.67% for its profit after tax (PAT). This impressive financial performance reflects the company's successful evolution. 

Industry Overview

Market Projections and Sector Expansion: FY 2022 Insights

The industrial cleaning equipment market in FY 2022 was projected to reach Rs. 7879.6 million, with a growth rate of 6.8% expected in FY23. The global industrial cleaning services market is anticipated to grow at a CAGR of 5.78% from 2022 to 2027, reaching a market size of USD 16.45 billion. In India, the industrial cleaning industry is projected to grow at a CAGR of 8.2% from 2024 to 2034. 

The Indian household cleaning market was estimated to be USD 7,621.1 million in 2022, with a predicted CAGR of 21.4% between 2023 and 2029, reaching USD 29,617 million by 2029. Key growth drivers for this sector include increasing urbanization, rising disposable incomes, evolving lifestyles, and growing hygiene and cleanliness concerns.

Business Insights

Roots Multiclean Ltd Unlisted Share Price Journey

The current market price of an unlisted share of Roots Multiclean Ltd. is Rs. 4,130. The share price reached its 52-week high on December 5, 2023. The 52-week low was on March 19, 2023, at Rs. 3,175.

Roots Multiclean Annual Reports  2021-22

Roots Multiclean Annual Reports 2020-21