Introduction
Brandworks Technologies Private Limited is one of India’s fastest-growing electronics manufacturing partners, building an integrated ecosystem across OEM (Original Equipment Manufacturing) and ODM (Original Design Manufacturing).
Founded in 2017 in Vasai, Maharashtra, the company has positioned itself as the backbone for smart IoT devices, consumer electronics, and next-gen lifestyle hardware. Its core mission: help startups and brands build cost-optimized, high-quality manufacturing at scale.
The company operates with impressive scale and execution strength:
- 200K CPH (Components Per Hour) production capability
- 3.2 lakh sq. ft. integrated R&D + Manufacturing space
- 70% women workforce, showcasing a strong commitment to diversity in manufacturing
- 8 global certifications, ensuring world-class quality
- 101% YoY growth, making it one of the fastest-scaling EMS/ODM players in India
👥 Founders & Leadership
- Nikita Kumawat – Co-Founder & Managing Director
- Ishwar Lal Kumhar – CEO
The leadership team blends engineering expertise, operations excellence, and a decade of manufacturing execution experience.
Revenue & Profit: A Breakout Growth Story
Brandworks’ financial trajectory shows strong, consistent scale-up over the last five years.
Profitability has steadily improved despite aggressive scale.
What Brandworks’ Revenue & PAT Trend Indicates
Brandworks is showing strong and consistent business momentum. Each year, both revenue and profit have grown, which signals stable demand and effective execution. Profit is rising faster than revenue, meaning the company is becoming more efficient, using scale to improve margins, and managing costs better.
The latest year stands out because profit growth sharply outpaced revenue growth. That usually indicates operating leverage kicking in, the business is able to earn more without a proportional increase in expenses. Overall, the pattern reflects a company moving from early-stage growth into a more mature, scalable, and healthier financial position.
🧑💼 Employee & EPFO Compliance: Strong Workforce Expansion
Brandworks shows healthy compliance and rapid workforce addition.
Key Takeaways from Brandworks Technologies’ EPFO Headcount Growth
Exceptional Workforce Expansion
From 39 employees in Mar 2021 to 255 employees in Aug 2025, the company has grown 6.5x in just four years, a strong indicator of scale-up momentum.
Post-2023 Hyper-Growth Phase
A major hiring surge happened between Mar 2023 (36) and Mar 2024 (103), showing a near 3x jump in one year, signalling new business wins, product expansion, or fresh funding activity.,
Consistent Year-on-Year Strengthening
Even with a dip in FY22, the company bounced back with sustained hiring, suggesting improved stability and stronger business visibility.
2025: The Breakout Year
With the headcount touching 255 by Aug 2025, Brandworks is clearly in an aggressive build-out mode, likely expanding across operations, tech, and service delivery teams.
Strong Talent Confidence
Such rapid onboarding implies the company is investing heavily in people, a sign of leadership confidence in long-term growth and increasing market demand.
💰 Deals & Fundraising
Brandworks raised institutional capital and onboarded leading investors, underscoring confidence in India’s manufacturing story.
Funding Round (Series A – 02 Aug 2025)
- Deal Size: ₹99.12 Cr
- Post-Money Valuation: ₹678.02 Cr
- Stake Diluted: 14.6%
Key Investors
- Cactus Partners
- Roha Family Office
- GVFL (Gujarat Venture Finance Limited)
- Baldota Family Office
- Individual investors including Kumar Agrawal, Harsh Vardhan Bhandari, Mihir Joshi and Nitesh Aggarwal
🎖️ Awards & Industry Recognition
Brandworks has been consistently celebrated across India’s tech and mobility ecosystem for its innovation, manufacturing excellence, and leadership in accessories and smart devices.
| Award Name | Year | Category / Context |
| Device Next Summit | 2022 | General Recognition |
| Mobility Excellence Awards Ceremony | 2021 | Excellence in Mobility |
| Mobility Accessories Awards | 2019 | Accessories Category |
| Device Next Summit – Smart Accessories Ecosystem | 2022 | Smart Accessories Ecosystem |
| Mobility Summit – Leading Manufacturing Expert of Accessories | 2024 | Manufacturing Leadership |
Conclusion
Brandworks Technologies is emerging as a key pillar in India’s electronics manufacturing revolution. With explosive revenue growth, strong profitability improvements, and the trust of reputed investors, the company is on a clear upward trajectory.
Their integrated manufacturing model, from product design to mass production, positions them perfectly in a market where India is pushing for self-reliance in electronics hardware (Make in India + China+1 shift).
From a ₹11.97 Cr company in FY 2020 to a ₹180.74 Cr powerhouse in FY 2024, and now valued at 678 Cr, Brandworks represents the next wave of homegrown EMS/ODM champions.
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