Linga Agri Trading and Machinery Private Ltd, an agricultural and industrial manufacturing company in which Prime Industries Ltd holds a majority stake, has completed the first tranche of its fundraise at a pre-money valuation of ₹330 crore
The company reported a sharp rise in revenue to ₹84 crore in FY26 from ₹19 crore in FY25 and net profit increased to ₹15 crore from ₹3 crore during the same period.
Fundraise supports expansion plans
The fundraise marks a milestone in Linga Agri’s growth journey as it seeks to strengthen manufacturing capabilities and expand across agricultural and industrial engineering applications.
Established in 2018, the company develops specialised machinery and engineering solutions for food processing, waste management, fabrication and precision engineering.
Projects span multiple sectors
Linga Agri’s project portfolio includes work associated with the Indian Space Research Organisation (ISRO), BEML, Tamil Nadu Agricultural University, Royal Enfield and Hyundai.
The company also works with government departments, agricultural institutions and municipal bodies. Its expansion is supported by Prime Industries’ strategic guidance, industry relationships, operational engagement and research and development support.
Prime Industries expands engineering focus
Prime Industries is pursuing long-term projects across specialised engineering, advanced manufacturing, precision engineering, nuclear, defence, aerospace and emerging technologies, alongside Linga Agri and Kay Bovet.
“At Linga Agri, together with Prime Industries Ltd, our focus is on advancing precision engineering and driving innovation through specialised manufacturing solutions,” Linga Agri Trading and Machinery Managing Director, Gowtham Sithaaarth, said.
Combining expertise with Prime Industries
“By combining our manufacturing expertise with Prime Industries’ support in research and development, leadership and operations, we are strengthening our capabilities to develop innovative, high-quality solutions for evolving industrial and agricultural requirements,” he said.
Sithaaarth said the companies would continue to develop advanced engineering capabilities and specialised manufacturing solutions.
Focus on specialised manufacturing
“Our shared focus is on building advanced engineering capabilities and creating long-term value through specialised manufacturing,” he said.
The fundraise is expected to support Linga Agri’s manufacturing expansion and its efforts to meet evolving requirements across agricultural and industrial markets.