Tue Dec 02 15:48:17 UTC 2025: Summary:

Spray Engineering Devices Limited (SEDL), an Indian company providing technological solutions for water, sugar, and biofuel industries, aims to significantly increase its revenue to over ₹800 crore in the current fiscal year, following a ₹461 crore revenue in the previous financial year. While currently relying heavily on domestic sales, SEDL is anticipating major foreign contracts in the coming years and recently signed an MoU with Burundi to establish a sugarcane processing plant.

News Article:

Indian Firm SEDL Eyes Major Revenue Boost, Signs Deal in Burundi

COIMBATORE, December 2, 2025 – Spray Engineering Devices Limited (SEDL), an Indian company specializing in technological solutions for the water, sugar, jaggery, sugar refinery, and biofuel sectors, is projecting a substantial revenue increase to over ₹800 crore in the current fiscal year. This ambitious target follows a financial year 2024-2025 which saw the company achieve a revenue of ₹461 crore.

Currently, approximately 75% of SEDL’s revenue stems from domestic sales, with the remainder generated from international markets. However, the company is actively pursuing significant international contracts. “We are eyeing some major foreign contracts in FY’26 and FY’27,” stated Vivek Verma, Managing Director of SEDL.

As part of its expansion efforts, SEDL recently signed a Memorandum of Understanding (MoU) with the Republic of Burundi to establish a 1,000 TCD (tonnes crushed per day) sugarcane processing plant in the East African nation. This deal marks a significant step in SEDL’s international growth strategy.

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