SBL Energy

SBL Energy Limited is an Indian manufacturer of industrial explosives and accessories, established in 2002. The company was founded by three brothers who transitioned from business consultancy into the explosives manufacturing sector. The Choudhari Group, which promotes the company, has been involved in the explosives industry for over two decades. In fiscal year 2016, the Choudhary family took over the company, which was formerly known as Amin Explosives Pvt Ltd. The firm operates as a second-generation family-run business with Sanjay Choudhari serving as a Director and Divyansh Choudhari as the President.

Operating within the industrial and mining explosives market, SBL Energy holds a significant market share in India and serves a broad client base. Their customers include public sector units, government organizations, mining contractors, and companies in the infrastructure and construction sectors, such as Coal India Limited and Aditya Birla Group. The business generates revenue through the manufacturing and sale of a comprehensive range of commercial explosives. The company's product portfolio includes slurry and emulsion explosives, bulk explosives, detonators (electric, non-electric, and electronic), detonating fuses, and cast boosters. These products are critical for mining, quarrying, tunneling, and road construction. SBL Energy also exports its products to over 20 countries.

SBL Energy's manufacturing is supported by a technical collaboration with the Central Mining Research Institute (CMRI), a Government of India entity, ensuring quality control and product development. The company has manufacturing facilities in Nagpur, Raipur, and Rourkela. A significant milestone was the inauguration of a TNT plant in Nagpur in 2024, aimed at reducing India's import dependence and serving the defence sector. In February 2024, the company raised ₹325 crore in growth capital from investors including Synergy Capital, India SME Investments, and Mukul Mahavir Agrawal to expand manufacturing capacity and launch new products. The company has stated its intention to pursue a public listing in the future.

Keywords: industrial explosives manufacturer, mining explosives, commercial explosives, detonators, slurry explosives, emulsion explosives, bulk explosives, detonating fuse, cast boosters, defence sector explosives, Indian explosives supplier, explosives exporter, Coal India supplier, infrastructure explosives, construction explosives, SBL Energy, Choudhari Group, Nagpur manufacturing, explosives technology, mining services